Worst House on the Street Logo
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 1
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 2
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 3
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 4
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 5
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 6
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 7
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 8
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 9
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 10
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 11
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 12
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 13
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 14
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 15
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 16
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 17
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 18
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 19
St. Michaels Road, Bournemouth, Dorset, BH2 - Image 20

St. Michaels Road, Bournemouth, Dorset, BH2

South East

£550,000

Listed on 09/04/2026

Property Details

Bedrooms
4
Type
Not Specified
Area
1587 sqft

Description

This property represents a notable investment opportunity, comprising a freehold block of four self-contained flats located on St Michaels Road in Bournemouth. The building spans three floors and includes an inviting two-bedroom garden flat on the ground level that features direct access to its own private outdoor space. On the first floor, you will find a studio flat alongside a well-designed one-bedroom flat, both of which are likely to attract tenants due to their practical layouts. The second floor hosts an additional one-bedroom flat, further complemented by a spacious attic area that could be utilized for storage or possibly developed into more living space, subject to necessary permissions. Recent capital improvements include three new gas boilers that service all flats but the studio unit, indicating ongoing maintenance has been prioritized. This property offers ample scope for value enhancement through refurbishment and reconfiguration strategies or even future development possibilities (subject to planning consent). Its advantageous location in central Bournemouth ensures consistent demand from potential renters and owner-occupiers alike, making it an appealing asset for investors seeking reliable income with growth potential.

Investment Analysis

(BH2 area)

Above Market Value

This property is priced +7.7% above area average per sq ft

+7.7%
This Property
£347/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£252
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£561,766
10% above area average per sq ft
Potential ROI
-13.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (BH2)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -11.3%
5 year growth: -4.1%
Investment Disclaimer: Analysis based on BH2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

St. Michaels Road, Bournemouth, Dorset, BH2
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,962
Based on a loan of £412,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.