Potential 4-Bed HMO, Bristol, BS3 5AJ, £350,000

St Johns Lane, Bristol, BS3 5AJ - a year ago

Sold STC
Auction
HMO
ROI: 6%
~110 m²
+18 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Total Cash In

£111,200

 

 

Cash Out

 

Room Rate

£689

Gross Rent

£2,756

Running Costs/mo

£2,169

Cashflow/mo

£587

Cashflow/yr

£7,039

ROI

6%

Gross Yield

9%













Local Area Statistics

Population in BS3

36,446

Population in Bristol

795,432

Town centre distance

2.31 miles away

Nearest school

0.10 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Price changed to £350,000

January 23, 2025

Listed for £400,000

February 8, 2024

Floor Plans

Description

  • 3/4 Bedrooms +
  • Over 100 square meters throughout +
  • Ideal for first time buyers and/or investors +
  • Previously used as HMO +
  • CHAIN FREE +
  • Garden +
  • Double bayed windows +
  • Period featured +
  • Flying freehold +

Presenting a charming double-bayed terrace house that is ready and waiting for you, offered chain-free! Whether you're a first-time buyer eager to step onto the property ladder or a growing family seeking more space, this property is an ideal choice.

This property is for sale by Modern Method of Auction and viewers/bidders’ personal data will be shared with IAM-Sold Ltd (the Auctioneer). Buyer & Seller are to complete the transaction within a 56 Day Reservation Period. If buying with a mortgage, check the properties suitability with your lender before bidding. The buyer will sign a Reservation Agreement and make payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. The Reservation Fee is paid in addition to the purchase price and is considered within the calculation for stamp duty. Buyers are to provide the Auctioneer with proof of funding and complete ID checks. Buyer also pays £300 inc VAT for a Buyer Informatio

Step into a world of spacious living, with over 100 square meters thoughtfully distributed throughout. As you enter, you'll be greeted by a airy hallway, setting the tone for the entire home. The lounge, adorned with a captivating fireplace, seamlessly connects to a well-sized kitchen, creating a perfect space for entertaining and everyday living. An additional reception room, versatile enough to serve as a downstairs double bedroom, adds to the flexibility of the layout.

Venture to the rear, where a generous garden invites you to embrace outdoor living. Picture yourself enjoying the fresh air in this private oasis, complete with the added convenience of a storage shed for all your extra belongings.

The upper floor unfolds into an abundance of space, featuring a landing that leads to three spacious double bedrooms. One of these bedrooms enjoys the luxury of an ensuite shower room, providing a retreat for relaxation and privacy. A family-sized bathroom adds to the comfort and convenience of the top floor.

Situated in the sought-after area of Bedminster, close to Windmill Hill and Totterdown, this home offers hassle-free travel routes. The ever-popular North Street is just a 10-minute drive away, and the city centre is easily accessible within 15/20 minutes. If you prefer public transport, Temple Meads train station is within short distance away.

Surrounded by greenery, Victoria Park is a stone's throw away, ensuring you have a peaceful and natural escape right at your doorstep. Don't miss the opportunity to make this desirable property your new home.

Agent Details

Andrews Estate Agents, Southville

0117 463 0468

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪