Clarence Road, Bridlington
By Colin Ellis Estate Agents
£ 310,000
Reviews
2 out of 5 stars
Colin Ellis Estate Agents says ..
A rare opportunity to acquire two adjoining blocks of 8 lettings units that are conveniently situated towards Bridlington town centre. They are all currently let and generate a gross income of approximately £31,720 when fully let and will be sold subject to the Assured shorthold Tenancy (AST) agr...
Property Oracle says ..
This property on Clarence Road, Bridlington, presents itself as a block of eight letting units, providing a potential investment opportunity. Its location offers convenient access to Bridlington town centre, local amenities, and transportation links, catering to a variety of tenants. The proximity to schools could further enhance its appeal to families. The external condition of the property, while seemingly well-maintained in the provided images, requires a more thorough assessment. The absence of land/garden space is a typical aspect of terraced properties and is not necessarily a negative for this type of investment. The list price of £310,000 needs to be evaluated with in-depth scrutiny of both rental income generation and the individual conditions of each unit within the block. A comprehensive assessment of the local market and similar investment properties in Bridlington will aid in determining the true value and return on investment. Further due diligence is advised before a final purchase decision is made.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 8
- Bathrooms
- 8
- Sqft (est)
- 1,818.02
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
- 221,364.00 £Increased by 1.09 %
- Est sale value
- 670,849.38 £Increased by 107.30 %
- Average area rental value
- 586.00 £/moDecreased by 14.08 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.18 %Decreased by 14.97 %
- Crime Rate
- 49.00 %Unchanged by 0.00 %
Agent Activity
Colin Ellis Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Quay Academy | Academy Sponsor Led | Good | 0.99 KM |
| Bridlington Nursery School | Local Authority Nursery School | Outstanding | 1.20 KM |
| Bay Primary School | Community School | Requires improvement | 1.24 KM |
| Sure Start Children'S Centre Bridlington One | Children's Centre | 1.30 KM | |
| Martongate Primary School | Community School | Requires improvement | 1.65 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Rope Walk | £ 0 | 0 | 0.00 KM |
| Princess Street | £ 0 | 0 | 0.00 KM |
| Providence Place | £ 144,475 | 0 | 0.00 KM |
| Chapel Street | £ 0 | 0 | 0.00 KM |
| King Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bridlington | 8049 | BDT | 1.06 KM |
| Bempton | 8047 | BEM | 4.89 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Clarence Road, Bridlington | £ 310,000 | BUY | 5 / 10 | 0.00 KM |
| Clarence Road, Bridlington, East Riding of Yorkshire, YO15 | £ 129,950 | BUY | 5 / 10 | 0.04 KM |
| Clarence Road, Brdilington | £ 129,950 | BUY | Unknown | 0.04 KM |
| Clarence Road, Bridlington, YO15 2QX | £ 78,000 | BUY | 5 / 10 | 0.04 KM |
| Princess Street, Bridlington | £ 230,000 | BUY | Unknown | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 39 Clarence Road | £ 93,000 | 0.01 KM |
| 12 Clarence Road | £ 112,000 | 0.03 KM |
| 22 Clarence Road | £ 159,950 | 0.05 KM |
| 43c Clarence Road | £ 69,950 | 0.05 KM |
| 29 Clarence Road | £ 101,000 | 0.05 KM |