Horace Road, Bournemouth, Dorset, BH5
PU

Horace Road, Bournemouth, Dorset, BH5

By Pure Investor

£ 200,000

Reviews

3 out of 5 stars

Pure Investor says ..

7.2% gross yield | Annual rental income of £14,400 | Three bedroom investment property | Being sold with the current tenant in situ | Allocated parking | Modern fitted kitchen

Property Oracle says ..

The property is a 3-bedroom house with 1 bathroom, listed at £200,000. It has a total area of 764 sqft, which is slightly smaller than the average sqft for the area (797 sqft). The average house price in the area is £255,005, and the average price per sqft is £319. The property’s price per sqft is therefore lower than average.

The property appears to be in good condition based on the provided photos. The kitchen and bathroom look recently updated or renovated and are in good condition. The bedrooms are presented well, and the overall impression is of a well-maintained property.

While the plot size is only 764 sqft, there is no clear indication of a garden from the provided images. Further information would be needed to accurately assess the land aspect.

The location in Boscombe West, Bournemouth, places the property relatively close to several amenities. Schools such as King’s Park Academy and St Clement’s and St John’s Church of England Infant School are within a kilometer radius, offering convenient access to education. The proximity to several train stations also suggests good transportation links. However, without more details on the immediate surroundings (e.g., presence of shops, green spaces etc.), a full assessment of the location’s desirability is difficult.

Considering the property’s apparent good condition, its relatively low price per sqft compared to the area average, and its proximity to amenities, the list price of £200,000 appears reasonable. However, the lack of information regarding the plot size and garden needs to be considered. The absence of a garden may affect the overall value for some buyers.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
0
Bedrooms
3
Bathrooms
1
Sqft (est)
764.00
Lot (est)
764.00

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
201,429.00 £
Decreased by 27.96 %
from 279,619.00 £
Est sale value
246,772.00 £
Decreased by 19.85 %
from 307,892.00 £
Average area rental value
1,133.00 £/mo
Decreased by 1.05 %
from 1,145.00 £/mo
Est letting value
764.00 £/mo
Unchanged by 0.00 %
from 764.00 £/mo
Est rental Yield
6.75 %
Increased by 37.47 %
from 4.91 %
Crime Rate
25.00 %
Unchanged by 0.00 %
from 25.00 %

Agent Activity

  • Pure Investor created the listing.

Nearby Schools

NameTypeOfstedDistance
King'S Park AcademyAcademy Sponsor LedGood0.82 KM
St Clement'S And St John'S Church Of England Infant SchoolAcademy ConverterGood0.94 KM
Bethany Church Of England Junior SchoolAcademy ConverterRequires improvement0.99 KM
Boscombe Children'S CentreChildren's Centre1.03 KM
Corpus Christi Catholic Primary SchoolVoluntary Aided SchoolGood1.25 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Centenary Way £ 000.00 KM
Westby Road £ 186,66700.00 KM
Promenade £ 000.00 KM
Kings Park Central Drive £ 850,00000.00 KM
Bethia Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Pokesdown5885POK1.95 KM
Bournemouth5876BMH2.57 KM
Christchurch5879CHR6.48 KM
Branksome5875BSM8.66 KM

Nearby Listings

AddressPriceTypeScoreDistance
St Georges Court, 4 Cecil Road, BH5 £ 75,000BUY4 / 100.03 KM
Cecil Road, Bournemouth, Dorset, BH5 £ 199,950BUY6 / 100.04 KM
Cecil Road, Bournemouth, Dorset, BH5 £ 110,000BUY6 / 100.04 KM
Cecil Road, Bournemouth, Dorset, BH5 £ 900,000BUY4 / 100.04 KM
BLOCK OF FOUR APARTMENTS Argyll Road, Bournemouth, BH5 £ 695,000BUY4 / 100.04 KM

Nearby Properties

AddressPriceDistance
5 Horace Road £ 180,0000.01 KM
3 Cecil Road £ 248,0000.03 KM
5 Cecil Road £ 350,0000.03 KM
4 Cecil Road £ 40,0000.03 KM
37 Sea Road £ 200,0000.07 KM