BLOCK OF FOUR APARTMENTS Argyll Road, Bournemouth, BH5
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BLOCK OF FOUR APARTMENTS Argyll Road, Bournemouth, BH5

By Jordan Marks Estates

£ 695,000

Reviews

2 out of 5 stars

Jordan Marks Estates says ..

Unique opportunity to purchase a freehold block of apartments offers a lucrative investment opportunity with a considerable potential 9.78% rental yield.

Property Oracle says ..

This property is a block of four apartments located in Boscombe West, Bournemouth. The location benefits from being relatively close to Pokesdown train station (1.98km) and Bournemouth train station (2.56km), providing convenient access to transportation links. Several schools are also within a reasonable distance, including King’s Park Academy (0.86km), St Clement’s and St John’s Church of England Infant School (0.95km), and Bethany Church of England Junior School (0.99km). The property itself appears to be in need of some modernisation and updating, as evidenced in the provided images. The bathrooms and kitchens appear dated and could benefit from refurbishment. The property includes a small garden and a garage. Considering the average house price in the area is £255,005 and the average price per sqft is £319, the list price of £695,000 for this property seems high, especially given its condition and relatively small size (533 sqft). More information on the individual apartment sizes and condition would be needed for a more precise assessment. The lack of sqft information for nearby listings makes a direct comparison challenging.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
3
Condition
4
Location
7
Land
5
Bedrooms
8
Bathrooms
4
Sqft (est)
533.00
Lot (est)
643.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
201,429.00 £
Decreased by 27.96 %
from 279,619.00 £
Est sale value
172,159.00 £
Decreased by 19.85 %
from 214,799.00 £
Average area rental value
1,133.00 £/mo
Decreased by 1.05 %
from 1,145.00 £/mo
Est letting value
533.00 £/mo
Unchanged by 0.00 %
from 533.00 £/mo
Est rental Yield
6.75 %
Increased by 37.47 %
from 4.91 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • Jordan Marks Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
King'S Park AcademyAcademy Sponsor LedGood0.86 KM
St Clement'S And St John'S Church Of England Infant SchoolAcademy ConverterGood0.95 KM
Bethany Church Of England Junior SchoolAcademy ConverterRequires improvement0.99 KM
Boscombe Children'S CentreChildren's Centre1.07 KM
Corpus Christi Catholic Primary SchoolVoluntary Aided SchoolGood1.27 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Centenary Way £ 000.00 KM
Westby Road £ 186,66700.00 KM
Promenade £ 000.00 KM
Kings Park Central Drive £ 850,00000.00 KM
Bethia Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Pokesdown5885POK1.98 KM
Bournemouth5876BMH2.56 KM
Christchurch5879CHR6.50 KM
Branksome5875BSM8.65 KM

Nearby Listings

AddressPriceTypeScoreDistance
BLOCK OF FOUR APARTMENTS Argyll Road, Bournemouth, BH5 £ 695,000BUY4 / 100.00 KM
St Georges Court, 4 Cecil Road, BH5 £ 75,000BUY4 / 100.04 KM
Sea Road, Bournemouth £ 130,000BUY6 / 100.05 KM
Argyll Road, Bournemouth, Dorset, BH5 £ 240,000BUY5 / 100.06 KM
Argyll Road, Bournemouth, Dorset, BH5 £ 250,000BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
5 Horace Road £ 180,0000.04 KM
5 Cecil Road £ 350,0000.07 KM
4 Cecil Road £ 40,0000.07 KM
3 Cecil Road £ 248,0000.07 KM
22 Argyll Road £ 410,0000.07 KM