Fernlea Avenue, Ferndown, BH22
Hearnes Estate Agents logo

Fernlea Avenue, Ferndown, BH22

By Hearnes Estate Agents

£ 3,600,000

Reviews

2 out of 5 stars

Hearnes Estate Agents says ..

A RARE OPPORTUNITY to purchase (14 apartments) THREE PURPOSE BUILT RESIDENTIAL BUILDINGS on plot measuring 0.62 OF AN ACRE.

Property Oracle says ..

This property listing presents a unique investment opportunity in Ferndown, Dorset. It comprises three blocks of apartments situated on a substantial 0.62-acre plot. The location offers convenient access to local amenities such as shops and schools, with multiple schools being located within a kilometer radius of the property. The proximity to Ringwood Road adds further convenience via its public transportation. The condition of the buildings appears to be well-maintained, though some modernization may be desirable. The lack of specific information on the number of bedrooms, bathrooms, and individual apartment sizes per block within each apartment makes a comprehensive assessment challenging. This lack of data also makes price per sqft calculation impossible. The price of £3,600,000 seems to encompass the land’s substantial value and location, making a complete market valuation difficult without further details. The overall impression is a solid investment opportunity, pending thorough due diligence and individual apartment appraisals.

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
6
Condition
6
Location
7
Land
4
Bedrooms
0
Bathrooms
0
Sqft (est)
901.00

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
495,490.00 £
Increased by 6.31 %
from 466,065.00 £
Est sale value
418,064.00 £
Increased by 17.17 %
from 356,796.00 £
Average area rental value
1,325.00 £/mo
Decreased by 5.56 %
from 1,403.00 £/mo
Est letting value
901.00 £/mo
Unchanged by 0.00 %
from 901.00 £/mo
Est rental Yield
3.21 %
Decreased by 11.08 %
from 3.61 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Hearnes Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Ferndown First SchoolAcademy Converter0.69 KM
Parley First SchoolAcademy Converter0.70 KM
Ferndown Middle SchoolAcademy Converter0.85 KM
Ferndown Children'S CentreChildren's Centre0.88 KM
Ferndown Upper SchoolCommunity SchoolGood1.32 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Grove £ 425,00000.00 KM
Carroll Avenue £ 000.00 KM
Alexandria Court (two buildings) £ 000.00 KM
Queens Road £ 775,00000.00 KM
Aldridge Road £ 687,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Branksome5875BSM8.57 KM
Bournemouth5876BMH8.59 KM

Nearby Listings

AddressPriceTypeScoreDistance
Fernlea Avenue, Ferndown, BH22 £ 119,950BUY6 / 100.00 KM
Fernlea Avenue, Ferndown, BH22 £ 165,000BUYUnknown0.00 KM
Fernlea Avenue, Ferndown, BH22 £ 3,600,000BUY5 / 100.00 KM
Fernlea Avenue, Ferndown, BH22 £ 130,000BUYUnknown0.00 KM
Ferndown £ 110,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
5 Fernlea Avenue £ 560,0000.01 KM
89 Dudsbury Avenue £ 487,5000.12 KM
85 Dudsbury Avenue £ 280,0000.12 KM
77 Dudsbury Avenue £ 122,0000.12 KM
83 Dudsbury Avenue £ 390,0000.12 KM