Clarence Road, Bridlington
Colin Ellis Estate Agents logo

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 %
from 218,984.00 £
Est sale value
670,849.38 £
Increased by 107.30 %
from 323,607.56 £
Average area rental value
586.00 £/mo
Decreased by 14.08 %
from 682.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.18 %
Decreased by 14.97 %
from 3.74 %
Crime Rate
49.00 %
Unchanged by 0.00 %
from 49.00 %

Agent Activity

  • Colin Ellis Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Quay AcademyAcademy Sponsor LedGood0.99 KM
Bridlington Nursery SchoolLocal Authority Nursery SchoolOutstanding1.20 KM
Bay Primary SchoolCommunity SchoolRequires improvement1.24 KM
Sure Start Children'S Centre Bridlington OneChildren's Centre1.30 KM
Martongate Primary SchoolCommunity SchoolRequires improvement1.65 KM

Images

image0 (002).jpeg IMG_5101.jpg IMG_5100.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Rope Walk £ 000.00 KM
Princess Street £ 000.00 KM
Providence Place £ 144,47500.00 KM
Chapel Street £ 000.00 KM
King Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bridlington8049BDT1.06 KM
Bempton8047BEM4.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Clarence Road, Bridlington £ 310,000BUY5 / 100.00 KM
Clarence Road, Bridlington, East Riding of Yorkshire, YO15 £ 129,950BUY5 / 100.04 KM
Clarence Road, Brdilington £ 129,950BUYUnknown0.04 KM
Clarence Road, Bridlington, YO15 2QX £ 78,000BUY5 / 100.04 KM
Princess Street, Bridlington £ 230,000BUYUnknown0.05 KM

Nearby Properties

AddressPriceDistance
39 Clarence Road £ 93,0000.01 KM
12 Clarence Road £ 112,0000.03 KM
22 Clarence Road £ 159,9500.05 KM
43c Clarence Road £ 69,9500.05 KM
29 Clarence Road £ 101,0000.05 KM