2 bedroom flat for sale

Leamington Road, Winton, Bournemouth, Dorset, BH9

Under Offer £180,000

Property Description

Key features

  • Double Glazing
  • Gas Central Heating
  • Off Road Parking
  • Private Entrance

Full description

EXECUTIVE SUMMARY

EMBARQ are the Selling Agents for this property with a Lettings and Asset Management department that can answer any questions for a prospective landlord.

Sale Type: Vendor Disposal

Property: 2 Bedroom First Floor Flat

Occupancy: Vacant

Rental Value: 900PCM (per calendar month)

Area:
Winton, Bournemouth. BH9 1DD

Rental Demand:
Strong. This is an area with a high proportion of property suitable for families with children.

Approx size of the property market in BH9:
12,013 homes

Growth:
BH9 has been experiencing annual growth of 11% over the last 5 years excluding the effect of inflation. This growth rate tends to indicate dynamic local economy and housing market.

Price to Earnings Ratio:
Price Earnings Ratio in this postcode district is 9.8.

Average property price:
BH16 over the last three months has been approximately 199,881.

Housing stock:
The most commonly found type of housing in this area are Detached Houses, making up 55.4% of the housing stock.

Lowest percentage of the housing stock in this district:
Terrace Houses at only 4.5%.

Socially rented accommodation:
Represents 4,9% of the total rented accommodation in the area.

BH9 Ownership
The majority of property in this area is owner occupied.

Average Price
The average price of a two bed property in this area is higher than the national average of 187,894 at 194,259.

WHO LIVES HERE:

Total population in this area is 29,379.
The average age in this area is 35.
Single people make up 35.1% of the population in this postcode district.
Average working hours in this area for men are 41 and for women are 30.
This is one of the most densely populated places in the country, with 48.7 people per square kilometre.
The largest source of work in this area is Wholesale & Retail (19.9% of workers), followed by Construction (11%).

FINANCIAL FORECAST

Purchase Price: 180,000
Rent PCM: 900
Rent PA: 10,800
ROI:14.07% (based on a leveraged purchase example)

Please feel free to ask if you'd like to speak with one of our affiliated mortgage consultants.

Listing History

Added on Rightmove:
12 September 2016

Nearest stations

  • Bournemouth (0.9 mi)
  • Pokesdown (2.1 mi)
  • Branksome (2.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Embarq, Poole

189 Ashley Road, Poole, Dorset, BH14 9DL

01202 066013 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Embarq, Poole

189 Ashley Road, Poole, Dorset, BH14 9DL

01202 066013 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bournemouth (0.9 mi)
  • Pokesdown (2.1 mi)
  • Branksome (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Embarq, Poole

189 Ashley Road, Poole, Dorset, BH14 9DL

01202 066013 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 534SALE. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Embarq, Poole. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.