2 Bed Terraced House, Single Let, Bristol, BS48 1AH, £225,000

96 High Street, Nailsea, North Somerset, BS48 1AH - 8 views - a year ago

BTL
ROI: 1%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£205K - £570K
Sold Prices/m²£3K/m² - £6.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£279,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£895 - £1,500

Rent Estimate

£956

Running Costs/mo

£914

Cashflow/mo

£42

Cashflow/yr

£500

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £205K to £570K, average is £278.8K. £3K/m² to £6.3K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£300K05/210.12 mi42, High Street, Nailsea, Bristol, North Somerset BS48 1AU2
£280K12/220.13 mi6, Withy Close, Nailsea, Bristol, North Somerset BS48 1JW2
£247.5K06/210.13 mi2, Withy Close, Nailsea, Bristol, North Somerset BS48 1JW2
£248.5K12/200.13 mi1, Withy Close, Nailsea, Bristol, North Somerset BS48 1JW2
£250K11/200.13 mi38, French Close, Nailsea, Bristol, North Somerset BS48 1HY2
£295K12/200.18 mi29, Southfield Road, Nailsea, Bristol, North Somerset BS48 1SD2
£570K01/230.25 mi77, Station Road, Nailsea, Bristol, North Somerset BS48 1TG2
£205K09/210.3 mi10, Birdcombe Close, Nailsea, Bristol, North Somerset BS48 1HH2
£272K05/210.31 mi16, Mayflower Gardens, Nailsea, Bristol, North Somerset BS48 1QW2
£265K06/210.31 mi10, Mayflower Gardens, Nailsea, Bristol, North Somerset BS48 1QW2
£275K10/210.31 mi19, Mayflower Gardens, Nailsea, Bristol, North Somerset BS48 1QW2
£267K04/210.31 mi25, Mayflower Gardens, Nailsea, Bristol, North Somerset BS48 1QW2
£270K07/230.31 mi15, Mayflower Gardens, Nailsea, Bristol, North Somerset BS48 1QW2
£285K10/220.31 mi30, Mayflower Gardens, Nailsea, Bristol, North Somerset BS48 1QW2
£323K12/200.38 mi32, Valley Gardens, Nailsea, Bristol, Avon BS48 2JD2
£315K07/230.4 mi18, Cedar Way, Nailsea, Bristol, North Somerset BS48 1QZ2
£250K01/210.42 mi10, Rowan Close, Nailsea, Bristol, North Somerset BS48 1QY2
£353K01/230.46 mi1b, Sunnymede Road, Nailsea, Bristol, North Somerset BS48 2NF2
£295K10/220.47 mi8, Farmhouse Close, Nailsea, Bristol, North Somerset BS48 2HD2
£250K12/210.47 mi12, Farmhouse Close, Nailsea, Bristol, North Somerset BS48 2HD2
£290K11/220.48 mi12, Rectory Close, Wraxall, Bristol, North Somerset BS48 1LT2
£342K06/210.48 mi30, Sunnymede Road, Nailsea, Bristol, North Somerset BS48 2NG2
£387K06/210.5 mi6, Sunnymede Road, Nailsea, Bristol, North Somerset BS48 2NG2
£292K06/230.56 mi16, The Dell, Nailsea, Bristol, North Somerset BS48 2JT2
£280K05/230.56 mi3, The Dell, Nailsea, Bristol, North Somerset BS48 2JT2
£240K08/210.56 mi2, Cricket Field Green, Nailsea, Bristol, North Somerset BS48 2DB2
£299.9K08/220.57 mi19, Cricklade Court, Nailsea, Bristol, North Somerset BS48 2ST2
£270K09/210.58 mi3, Amberley Gardens, Nailsea, Bristol, North Somerset BS48 2HT2
£225K03/210.6 mi12, Beaufort Gardens, Nailsea, Bristol, North Somerset BS48 2HU2
£245K06/210.6 mi7, Beaufort Gardens, Nailsea, Bristol, North Somerset BS48 2HU2
£415K10/220.6 mi17, Whitesfield Road, Nailsea, Bristol, North Somerset BS48 2DX2
£265K10/220.6 mi7, Wincanton Close, Nailsea, Bristol, North Somerset BS48 2SR2
£262.5K02/210.6 mi10, Wincanton Close, Nailsea, Bristol, North Somerset BS48 2SR2
£265K08/210.61 mi67, Mizzymead Rise, Nailsea, Bristol, North Somerset BS48 2JN2
£248K05/210.61 mi4, Knightswood, Nailsea, Bristol, North Somerset BS48 2DA2
£345K12/200.65 miLavender Cottage, 7, Chelvey Rise, Nailsea, Bristol, North Somerset BS48 2SQ2
£300K07/230.67 mi11, Crewkerne Close, Nailsea, Bristol, North Somerset BS48 2SN2
£262.5K04/210.67 mi10, Crewkerne Close, Nailsea, Bristol, North Somerset BS48 2SN2
£292.5K06/210.72 mi18, Silver Street, Nailsea, Bristol, North Somerset BS48 2AG2
£305K09/220.72 mi7, Corfe Close, Nailsea, Bristol, North Somerset BS48 2QN2
£277.5K06/210.74 mi25, Chancel Close, Nailsea, Bristol, North Somerset BS48 4NE2
£261K12/200.74 mi23, Chancel Close, Nailsea, Bristol, Avon BS48 4NE2
£430K07/230.74 mi1, Chancel Close, Nailsea, Bristol, North Somerset BS48 4NE2
£260K03/210.75 mi4, Lion Close, Nailsea, Bristol, North Somerset BS48 2AL2
£327K06/230.76 mi30, Dorchester Close, Nailsea, Bristol, North Somerset BS48 4QW2
£350K07/230.79 mi46, Godwin Drive, Nailsea, Bristol, North Somerset BS48 2XF2
£315K06/210.79 mi46, Godwin Drive, Nailsea, Bristol, North Somerset BS48 2XF2
£250K11/200.81 mi5, Gilbeck Road, Nailsea, Bristol, North Somerset BS48 2AH2
£255K05/210.81 mi4, Gilbeck Road, Nailsea, Bristol, North Somerset BS48 2AH2
£287K06/230.84 mi5, Silver Street, Nailsea, Bristol, North Somerset BS48 2AQ2

Local Rents

10 rents from £895/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£89502/230.27 mi-2
£95002/240.27 mi-2
£1,29512/240.31 miNailsea, North Somerset2
£1,25012/240.35 miClevedon Road, Nailsea, North Somerset, BS482
£99503/240.35 miCoates House, 4 High Street, Nailsea, BS482
£1,10012/240.67 miNailsea, North Somerset 2
£1,10012/240.87 miGoss Lane, BS482
£1,40003/241.01 mi-2
£1,50003/241.01 miCauseway View, Nailsea, Bristol, BS482
£1,40003/241.01 miCauseway View, Nailsea, Bristol, BS482

Local Area Statistics

Population in BS48

23,191

Population in Bristol

795,432

Town centre distance

7.48 miles away

Nearest school

0.20 miles away

Nearest train station

1.07 miles away

 

 

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £225,000

May 2, 2024

Floor Plans

Description

  • Situated within Nailsea High Street +
  • Versatile accommodation +
  • *Investment opportunity +
  • *Generous garden +

A fantastic opportunity to purchase this versatile property located in the heart of Nailsea. The property has been previously utilised as a business premises, however there is potential to be converted into a 2/3 bedroom cottage (subjct to the necessary consents and change of use). To the rear there is a good sized garden. Viewing is highly recommended. EPC: C

Agent Details

West Coast Properties, Nailsea

01275 402880

Next Steps?

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