Vernon Road, Bridlington
Colin Ellis Estate Agents logo

Vernon Road, Bridlington

By Colin Ellis Estate Agents

£ 245,000

Reviews

2 out of 5 stars

Colin Ellis Estate Agents says ..

A substantial four storey building that is currently arranged as five letting units that are within close proximity to the North Bay Beach and Promenade in Bridlington. To be sold as a Freehold investment and subject to the tenancies that are in place. Currently generate a gross rental income of ...

Property Oracle says ..

This property on Vernon Road in Bridlington is a large, multi-unit building described as having potential as a rental investment. The exterior is a substantial brick structure, displaying a traditional architectural style. The image suggests the property may require some maintenance or renovations (evidenced by scaffolding). The location is reasonably convenient, situated close to the beach and with access to local schools and transport links. However, a more detailed analysis requires additional data on the interior condition, garden space, and the state of the five letting units, as well as more precise information about comparable properties in the area, to accurately gauge the price per square foot and its overall value. Currently, several aspects impacting property value are missing, leading to uncertainties when evaluating this property’s investment potential, whether as a single residence or for rental income.

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
7
Bathrooms
5
Sqft (est)
3,060.00

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
221,364.00 £
Increased by 1.09 %
from 218,984.00 £
Est sale value
1,129,140.00 £
Increased by 107.30 %
from 544,680.00 £
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
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • Colin Ellis Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Bay Primary SchoolCommunity SchoolRequires improvement1.18 KM
Bridlington Nursery SchoolLocal Authority Nursery SchoolOutstanding1.19 KM
Martongate Primary SchoolCommunity SchoolRequires improvement1.26 KM
Quay AcademyAcademy Sponsor LedGood1.28 KM
Headlands SchoolCommunity SchoolGood1.29 KM

Images

IMG_5091.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
St. Annes Road £ 000.00 KM
Providence Place £ 144,47500.00 KM
Edgecliffe Villas £ 000.00 KM
Seventh Avenue £ 000.00 KM
Saint Chad Road £ 330,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Bridlington8049BDT1.43 KM
Bempton8047BEM4.49 KM

Nearby Listings

AddressPriceTypeScoreDistance
Vernon Road, Bridlington £ 245,000BUY5 / 100.00 KM
Vernon Road, Bridlington, East Riding Of Yorkshire, YO15 £ 270,000BUY5 / 100.01 KM
Vernon Road, Bridlington £ 85,000BUY5 / 100.05 KM
Guest House + Holiday/Owner Accom - Flamborough Road, Bridlington £ 315,000BUY6 / 100.06 KM
Trinity Road, Bridlington £ 195,000BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
7 Vernon Road £ 78,0000.04 KM
12 Vernon Road £ 160,0000.04 KM
11 Vernon Road £ 170,0000.04 KM
13 Vernon Road £ 285,0000.04 KM
5 Vernon Road £ 56,0000.04 KM