2 Bed Semi-Detached House, Single Let, Bristol, BS7 9TU, £270,000

Morris Road, Lockleaze, Bristol BS7 9TU - 2 views - a year ago

Sold STC
BTL
ROI: 2%
~64 m²
+5 photos

ValuationUndervalued

Sold Prices£237K - £702.5K
Sold Prices/m²£3K/m² - £9.1K/m²

 

 

Square Metres

~63.60 m²
Price/m²£4.2K/m²

Value Estimate

£316,084
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Total Cash In

£77,800

 

 

Cash Out

 

Rent Range

£1,250 - £2,650

Rent Estimate

£1,250

Running Costs/mo

£1,114

Cashflow/mo

£136

Cashflow/yr

£1,635

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £237K to £702.5K, average is £386.5K. £3K/m² to £9.1K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£237K12/200.09 mi13, Downman Road, Bristol, City Of Bristol BS7 9TY2
£277.5K01/230.11 mi9, Downman Road, Bristol, City Of Bristol BS7 9TY2
£440K02/210.33 mi16, Ashgrove Avenue, Bristol, City Of Bristol BS7 9LJ2
£375K04/210.34 mi11, Ashgrove Avenue, Bristol, City Of Bristol BS7 9LJ2
£425K06/210.35 mi2, Uphill Road, Bristol, City Of Bristol BS7 9RA2
£350K04/210.35 mi31, Dirac Road, Ashley Down, Bristol, City Of Bristol BS7 9LP2
£430K03/230.36 mi39, Springfield Avenue, Horfield, Bristol, City Of Bristol BS7 9QS2
£341K11/210.37 mi8, Southampton Mews, Bristol, City Of Bristol BS7 9HA2
£342.5K01/210.38 mi72, Dirac Road, Ashley Down, Bristol, City Of Bristol BS7 9LP2
£431K12/200.38 mi15, Ellicott Road, Bristol, City Of Bristol BS7 9PT2
£380K01/230.39 mi25, Bromley Road, Bristol, City Of Bristol BS7 9JA2
£375K06/210.39 mi23, Bromley Road, Bristol, City Of Bristol BS7 9JA2
£430K11/210.39 mi9, Bromley Road, Bristol, City Of Bristol BS7 9JA2
£595K03/230.39 mi30, Bromley Road, Bristol, City Of Bristol BS7 9JB2
£385K02/210.39 mi24, Ellicott Road, Bristol, City Of Bristol BS7 9PT2
£375K03/230.39 mi21, Bromley Road, Bristol, City Of Bristol BS7 9JA2
£491K03/210.39 mi36, Milner Road, Bristol, City Of Bristol BS7 9PQ2
£385K04/210.39 mi1, Alton Road, Bristol, City Of Bristol BS7 9PS2
£351K03/210.41 mi25, Alton Road, Bristol, City Of Bristol BS7 9PS2
£465K11/210.41 mi33, Milner Road, Bristol, City Of Bristol BS7 9PQ2
£493.9K12/220.41 mi15, Selborne Road, Bristol, City Of Bristol BS7 9PH2
£435K07/230.44 mi44, Downend Road, Horfield, Bristol, City Of Bristol BS7 9PF2
£475K12/220.5 mi28, Tortworth Road, Bristol, City Of Bristol BS7 9PA2
£380K02/210.5 miFlat 45, Muller House, Pople Walk, Bristol, City Of Bristol BS7 9DB2
£407K12/200.5 mi9, Olveston Road, Bristol, City Of Bristol BS7 9PB2
£441.5K02/230.51 mi14, Olveston Road, Bristol, City Of Bristol BS7 9PB2
£382K11/210.53 mi12, Ashley Down Road, Bristol, City Of Bristol BS7 9JW2
£300K03/210.55 mi1b, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0AQ2
£272.6K06/210.59 mi3, Blakeney Road, Bristol, City Of Bristol BS7 0DL2
£315K07/230.59 mi1, Bridge Road, Eastville, Bristol, City Of Bristol BS5 6XG2
£350K05/230.61 mi48, Oak Road, Bristol, City Of Bristol BS7 8RZ2
£512.5K05/230.62 mi34, Church Road, Horfield, Bristol, City Of Bristol BS7 8SA2
£438.4K07/210.62 mi14, Church Road, Horfield, Bristol, City Of Bristol BS7 8SA2
£388K06/230.63 mi4, Narroways Road, Bristol, City Of Bristol BS2 9XB2
£475K03/230.64 mi18, Oak Road, Bristol, City Of Bristol BS7 8RY2
£400K12/200.64 mi5, Oak Road, Bristol, City Of Bristol BS7 8RY2
£339.3K08/210.64 mi8, Oak Road, Bristol, City Of Bristol BS7 8RY2
£335K02/210.64 mi28, Oak Road, Bristol, City Of Bristol BS7 8RY2
£380K06/210.64 mi37, Oak Road, Bristol, City Of Bristol BS7 8RY2
£350K02/210.65 mi26, Beech Road, Bristol, City Of Bristol BS7 8RP2
£412.5K09/210.65 mi4, Beech Road, Bristol, City Of Bristol BS7 8RP2
£370K03/210.65 mi25, Beech Road, Bristol, City Of Bristol BS7 8RP2
£402.5K02/230.66 mi35, Oak Road, Bristol, City Of Bristol BS7 8RY2
£445K11/200.67 mi21, Maple Road, Bristol, City Of Bristol BS7 8RD2
£702.5K05/230.7 mi70, Church Road, Horfield, Bristol, City Of Bristol BS7 8SE2
£420K05/210.7 mi81, Thornleigh Road, Bristol, City Of Bristol BS7 8PQ2
£435K07/230.7 mi13, Rozel Road, Bristol, City Of Bristol BS7 8SQ2
£312K07/230.71 mi20, Little Parr Close, Stapleton, Bristol, City Of Bristol BS16 1AF2
£262K04/230.71 mi17, Little Parr Close, Stapleton, Bristol, City Of Bristol BS16 1AF2
£391.1K06/210.73 mi47, St Werburghs Park, Bristol, City Of Bristol BS2 9YT2

Local Rents

40 rents from £1.3K/mo to £2.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35003/240.21 miMuller Road, Horfield, BS72
£1,35003/240.21 miMuller Road, Horfield, BS72
£1,25003/240.21 miMuller Road, Horfield, BS72
£1,35003/240.21 miMuller Road, Horfield, BS72
£1,50002/240.37 mi-2
£1,75003/250.38 mi-2
£1,60004/240.39 miSelborne Road, Bishopston, Bristol, BS72
£1,29504/240.4 mi-2
£1,29503/250.4 mi-2
£1,45001/250.4 mi-2
£1,65004/250.4 mi-2
£1,25003/240.41 miDirac Road, Ashley Down2
£1,40012/240.41 mi-2
£1,50002/240.41 mi-2
£1,50003/240.43 miAshley Down Road, Ashley Down2
£1,65001/250.48 mi-2
£1,45003/240.49 miAshley Down Road, Bristol,2
£1,60012/240.5 mi-2
£1,29503/240.5 miAshley Down Road, BRISTOL2
£1,35003/250.51 mi-2
£1,35003/240.53 miDongola Road, Bishopston2
£1,35004/240.53 miDongola Road, Bishopston2
£1,35003/240.54 miAshley Down Road, Bristol2
£1,50003/240.54 miCollege Road, Bishopston2
£1,50003/240.54 miGrace Apartments - Ashley Down2
£1,55003/240.54 miCollege Road - Ashley Down2
£1,75003/240.54 miGrace Apartments, Bishopston2
£1,70003/240.54 miGrace Apartments, Bishopston2
£1,35012/240.54 mi-2
£1,30002/250.55 mi-2
£1,45003/240.55 miFilton Avenue, Horfield, Bristol2
£1,30003/240.55 miGloucester Road, Horfield, Bristol, BS72
£1,30003/240.55 mi-2
£1,55003/240.56 miKennington Avenue, Bishopston, Bristol, Somerset, BS72
£1,40003/240.56 miAshley Down Road, Ashley Down, Bristol, BS72
£2,65002/250.58 mi-2
£1,65002/240.6 mi-2
£1,57503/240.6 miMuller Road, Horfield, Bristol, BS72
£1,38003/240.61 miGloucester Road - Horfield2
£1,40001/250.61 mi-2

Local Area Statistics

Population in BS7

40,530

Population in Bristol

795,432

Town centre distance

1.09 miles away

Nearest school

0.40 miles away

Nearest train station

1.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-19%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £270,000

May 23, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Full width Lounge +
  • Kitchen/Diner +
  • Plenty of Storage +
  • Great First Time Buy +
  • Double Glazing +
  • Easy Access to Motorway +
  • Fitted Kitchen +
  • No Onward Chain +
  • Non standard construction (believed to be Laing Easiform) +

This ex local authority semi, which is of non standard construction (we believe it to be a Laing Easiform house), offers rooms of good size, including a full-width lounge overlooking the rear garden, a kitchen/diner, and two double bedrooms. In 2023, the pure water system, which ensures the very best water comes through the taps, was replaced. At a price that is similar to some flats nearby, this is an opportunity to buy a roomy home with its own front door and its own garden.

Council Tax Band: Band B (£1913.60 per annum 2024/25)
Tenure: Freehold

Agent Details

Haighs, Bristol

0117 463 0015

Next Steps?

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