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 %
- Est sale value
- 172,159.00 £Decreased by 19.85 %
- Average area rental value
- 1,133.00 £/moDecreased by 1.05 %
- Est letting value
- 533.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.75 %Increased by 37.47 %
- Crime Rate
- 20.00 %Unchanged by 0.00 %
Agent Activity
Jordan Marks Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| King'S Park Academy | Academy Sponsor Led | Good | 0.86 KM |
| St Clement'S And St John'S Church Of England Infant School | Academy Converter | Good | 0.95 KM |
| Bethany Church Of England Junior School | Academy Converter | Requires improvement | 0.99 KM |
| Boscombe Children'S Centre | Children's Centre | 1.07 KM | |
| Corpus Christi Catholic Primary School | Voluntary Aided School | Good | 1.27 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Centenary Way | £ 0 | 0 | 0.00 KM |
| Westby Road | £ 186,667 | 0 | 0.00 KM |
| Promenade | £ 0 | 0 | 0.00 KM |
| Kings Park Central Drive | £ 850,000 | 0 | 0.00 KM |
| Bethia Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Pokesdown | 5885 | POK | 1.98 KM |
| Bournemouth | 5876 | BMH | 2.56 KM |
| Christchurch | 5879 | CHR | 6.50 KM |
| Branksome | 5875 | BSM | 8.65 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| BLOCK OF FOUR APARTMENTS Argyll Road, Bournemouth, BH5 | £ 695,000 | BUY | 4 / 10 | 0.00 KM |
| St Georges Court, 4 Cecil Road, BH5 | £ 75,000 | BUY | 4 / 10 | 0.04 KM |
| Sea Road, Bournemouth | £ 130,000 | BUY | 6 / 10 | 0.05 KM |
| Argyll Road, Bournemouth, Dorset, BH5 | £ 240,000 | BUY | 5 / 10 | 0.06 KM |
| Argyll Road, Bournemouth, Dorset, BH5 | £ 250,000 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Horace Road | £ 180,000 | 0.04 KM |
| 5 Cecil Road | £ 350,000 | 0.07 KM |
| 4 Cecil Road | £ 40,000 | 0.07 KM |
| 3 Cecil Road | £ 248,000 | 0.07 KM |
| 22 Argyll Road | £ 410,000 | 0.07 KM |