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 %
- Est sale value
- 418,064.00 £Increased by 17.17 %
- Average area rental value
- 1,325.00 £/moDecreased by 5.56 %
- Est letting value
- 901.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.21 %Decreased by 11.08 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Hearnes Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Ferndown First School | Academy Converter | 0.69 KM | |
| Parley First School | Academy Converter | 0.70 KM | |
| Ferndown Middle School | Academy Converter | 0.85 KM | |
| Ferndown Children'S Centre | Children's Centre | 0.88 KM | |
| Ferndown Upper School | Community School | Good | 1.32 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Grove | £ 425,000 | 0 | 0.00 KM |
| Carroll Avenue | £ 0 | 0 | 0.00 KM |
| Alexandria Court (two buildings) | £ 0 | 0 | 0.00 KM |
| Queens Road | £ 775,000 | 0 | 0.00 KM |
| Aldridge Road | £ 687,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Branksome | 5875 | BSM | 8.57 KM |
| Bournemouth | 5876 | BMH | 8.59 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Fernlea Avenue, Ferndown, BH22 | £ 119,950 | BUY | 6 / 10 | 0.00 KM |
| Fernlea Avenue, Ferndown, BH22 | £ 165,000 | BUY | Unknown | 0.00 KM |
| Fernlea Avenue, Ferndown, BH22 | £ 3,600,000 | BUY | 5 / 10 | 0.00 KM |
| Fernlea Avenue, Ferndown, BH22 | £ 130,000 | BUY | Unknown | 0.00 KM |
| Ferndown | £ 110,000 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Fernlea Avenue | £ 560,000 | 0.01 KM |
| 89 Dudsbury Avenue | £ 487,500 | 0.12 KM |
| 85 Dudsbury Avenue | £ 280,000 | 0.12 KM |
| 77 Dudsbury Avenue | £ 122,000 | 0.12 KM |
| 83 Dudsbury Avenue | £ 390,000 | 0.12 KM |