CONTENTS: INTRODUCTION - ASHFORD, KENT - BATH, SOMERSET - BECKENHAM, KENT - BEDFORD, BEDFORDSHIRE - BILLERICAY, ESSEX - BIRMINGHAM CITY CENTRE, BIRMINGHAM - BOURNEMOUTH, SUSSEX - BRENTWOOD, ESSEX - BRIGHTON, SUSSEX - CAMBRIDGE, CAMBRIDGESHIRE - CANTERBURY, KENT - CARDIFF, WALES - CHELMSFORD, ESSEX - CLEETHORPES, LINCOLNSHIRE - COLCHESTER, ESSEX - EPPING, ESSEX - GRANTHAM, LINCOLNSHIRE - GREAT YARMOUTH, NORFOLK - GUILDFORD, SURREY - IPSWICH, SUFFOLK - KETTERING, NORTHAMPTONSHIRE - KINGS LYNN, NORFOLK - LEICESTER, NORTHAMPTONSHIRE - LIVERPOOL CITY CENTRE, LANCASHIRE - LUTON, BEDFORDSHIRE - MANCHESTER, LANCASHIRE - MILTON KEYNES, BEDFORDSHIRE - NORWICH, NORFOLK - OXFORD, OXFORDSHIRE - PETERBOROUGH, CAMBRIDGESHIRE - READING, BERKSHIRE - ROMFORD, ESSEX - SOUTHEND-ON-SEA, ESSEX - ST ALBANS, HERTFORDSHIRE - STANSTED, ESSEX - SWINDON, BERKSHIRE - WELWYN GARDEN CITY, HERTFORDSHIRE - WISBECH, CAMBRIDGESHIRE
| Area: | BOURNEMOUTH, SUSSEX | |||||||||
| Category: | C | |||||||||
| Investor Profile | Pension, Retirement, Downshifter, Holiday, University and Cash&Equity | |||||||||
| Population aged 15+: | 151,581 | |||||||||
| Actual | National Average | |||||||||
| Percentage Class ABC1: | 57% | 44% | ||||||||
| Crime: | Violence | Sexual | Burglary | Motor | ||||||
| Per 1000 population | 11 | 1 | 8 | 6 | ||||||
| Yield Range: | 3.4% - 5.6% | |||||||||
| Price Ranges | Low £ | Hi £ | Low £pw | Hi £pw | Low | Hi | ||||
| Flats&maisonettes | 124,800 | 187,200 | 91 | 124 | 3.4% | 3.8% | ||||
| Terraced | 118,400 | 177,600 | 127 | 172 | 5.0% | 5.6% | ||||
| Semi-detached | 143,200 | 214,800 | 142 | 193 | 4.7% | 5.2% | ||||
| Detached | 235,200 | 352,800 | 219 | 296 | 4.4% | 4.8% | ||||
| Valuations above the national average by: | 7% | |||||||||
| Actual | National Average | |||||||||
| Capital growth last 12 months: | 28% | 18% | ||||||||
| Capital growth last 5 years: | 112% | 80% | ||||||||
| Large employers in the area: | Many | |||||||||
| Demand For Letting: | Excellent | |||||||||
| Average void period: | 1 week | |||||||||
| Total (out of 10) | Capital Growth (out of 5) | Yield (out of 5) | ||||||||
| Out of 10: | 6 | 3 | 3 | |||||||
| Summary: | An all-year-round resort that has everything. | |||||||||
| Description: | Bournemouth is a beautiful place. It is a hit with the 18-35 trendy surf dudes as well as families. I rank this alongside Brighton for credibility. Due to its strength of image it has attracted enormous investment from smaller businesses such as clubs, bars and restaurants. Large firms have been relocating to Bournemouth and are attracted to the city due to its high proportion of skilled workers (mainly due to the graduates from Bournemouth University staying on) and the quality of life the city provides. I imagine that once tenants are found they will probably stay in the property for a longer period of time than normal assuming the property is maintained to a good standard. Its all year round season appeals a lot to me. The city does not look like one of those ghost cities like Clacton or Margate in the Winter. People are still visiting because of the strong infrastructure of bars, clubs and restaurants and decent water sport facilities. There is the Boscombe Spa Village being created which will focus further on all year round water sports activities and the pier is being offered by the council to be taken over and redeveloped to private investors. The aim is to make the pier an all year round attraction. There is a £55 million redevelopment of the Hampshire Centre which will be a 36 acre retail park, health & fitness centre, food hall and parking centre providing a further 1,500 jobs. Marks & Spencer, Asda, Sainsburys and B&Q being the four corners of the centre. This will only increase demand for good rental properties. Completion date is Autumn 2003. Bournemouth's economy has seen rapid development over the past twenty years. World-class firms have seen the advantages in recent years of relocating to an area which combines a large pool of skilled workers with a high quality of life for their employees. The region's prosperity means that potential demand for properties are high due to businesses in the town having access to a catchment market of around 435,000 people. | |||||||||
| Mainline railway station: | 1 hour 45 minutes - 2 hours to London Waterloo | |||||||||
| Road Access: | Main access A338 or A31 (mainly dual carriageway) 33 miles west of Southampton 22 miles from M27 | |||||||||
| Local Newspaper | Bournemouth Daily Echo 01202 554601 | |||||||||
| Estate Agents: | Name | Address | Tel | Web | ||||||
| Mossgreen Ltd | 11 Westcliff House 45 Westcliff Road Bournemouth Dorset BH4 8AZ | 01202 569013 | n/a | |||||||
| Darrell Howlett | 10 Trewitham Close Bournemouth Dorset BH7 7JA | 01202 480838 | n/a | |||||||
| House & Son | 11-14 Lansdowne House Christchurch Road Bournemouth | 01202 298044 | n/a | |||||||
| Blake & Blake | 707 Wimbourne Road Moordown Bournemouth Dorset BH9 2AU | 01202 512621 | n/a | |||||||
| Bradley & Vranch | 297 Charminster Road Bournemouth Dorset BH8 9QP | 01202 548548 | n/a | |||||||
| Solent Estates | 174 Tuckton Road Southbourne Bournemouth Dorset BH6 3JX | 01202 418294 | n/a | |||||||
| Andrew Snape & Co | 3-5 Firvale Road Bournemouth Dorset BH1 2JA | 01202 296441 | n/a | |||||||
| Clatworthy & Bailey | 11 Dean Park Road Bournemouth Dorset BH1 1HU | 01202 316116 | n/a | |||||||
| Nigel LeGrand | 723 Christchurch Road Bournemouth Dorset BH7 6AQ | 01202 300200 | n/a | |||||||
| Whitehouse Estate Agents | 47 Poole Road Westbourne Bournemouth Dorset BH4 9BA | 01202 751333 | n/a | |||||||
| Churchfield Estate Agents | 122 Charminster Road Bournemouth Dorset BH8 8UT | 01202 779911 | n/a | |||||||
| Fox & Sons | 119-121 Old Christchurch Road Bournemouth Dorset BH1 1LU | 01202 554242 | n/a | |||||||
| Simpsons Estate Agents | 85 Castle Lane West Bournemouth Dorset BH9 3LH | 01202 532556 | n/a | |||||||
| Martin & Co | 182 Hinton Road Bournemouth Dorset BH1 1HU | 01202 559966 | n/a | |||||||
| Atkins Estate Agents | 272 Wallisdown Road Bournemouth | 01202 548844 | www.atkinsestateagents.co.uk | |||||||
| Athertons (Bournemouth) Ltd | 508 Wimbourne Road Bournemouth Dorset BH9 2EX | 01202 512348 | n/a | |||||||
| Paul Watts Estate Agents | 377-381 Charminster Road Charminster Bournemouth Dorset BH8 9QT | 01202 524252 | www.paulwatts.co.uk | |||||||
| Blackstone Estate Agents | 1004b Wimborne Road Kinson Bournemouth Dorset BH10 7AS | 01202 582222 | www.blackston-estate-agents.co.uk | |||||||
| Owens & Porter | 328a Wimborne Road Winton Bournemouth | 01202 522012 | n/a | |||||||
| Gaston Taylor | 167 Tuckton Road Bournemouth Dorset BH6 3LA | 01202 417741 | www.gastontaylorstateagents.co.uk | |||||||
| Tudor Estate Agents | 364 Holdenhurst Road Bournemouth | 01202 300120 | n/a | |||||||
| Ellis & Partners | Old Library House 4 Dean Park Crescent Bournemouth Dorset BH1 1LY | 01202 551821 | n/a | |||||||
| The Bungalow Centre | 163 Tuckton Road Bournemouth | 01202 432244 | n/a | |||||||
| Frost & Co | 20 Poole Hill Bournemouth | 01202 31188 | n/a | |||||||
| Headstart | 672 Wimborne Road Winton Bournemouth Dorset BH9 2EG | 01202 241561 | n/a | |||||||
| Fahren Estate Agents | 170 Old Christchuch Road Bournemouth Dorset BH1 1NU | 01202 551022
| n/a | |||||||
| Letting Agents: | Name | Address | Tel | Web | ||||||
| Palmer Snell | TBC | 01202 424404 | www.palmersnell.co.uk | |||||||
| Fahren Estate Agents | TBC | 01202 551022 | www.fahren.co.uk | |||||||
| Countrywide Property Management | TBC | 01202 840777 | www.rightmove.co.uk | |||||||
| Burns Property Management | TBC | 01202 553335 | ||||||||
| Rumsey & Rumsey | TBC | 01202 496206 | www.bbg.co.uk | |||||||
| Harker & Bullman | TBC | 01202 889088 | www.homes2let.net | |||||||
| Goadsby & Harding | TBC | 01202 544644 | www.goadsby.co.uk | |||||||