3 Bed Terraced House, Refurb/BRRR, Bristol, BS13 0DQ, £235,000

Bowring Close, Bristol, BS13 0DQ - 2 views - 10 months ago

Sold STC
Refurb/BRRR
ROI: 6%
~82 m²
+15 photos

ValuationOvervalued

Sold Prices£120K - £310K
Sold Prices/m²£1.6K/m² - £3.7K/m²

 

 

Square Metres

~82.20 m²
Price/m²£2.9K/m²

Value Estimate

£210,393

 

 

End Value (After Refurb)

£227,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£8,250

Refurb Costs

£33,587

Bridging Loan Interest

£6,169

Total Cash In

£108,506

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£227,000

Mortgage (After Refinance)

£170,250

Mortgage LTV

75%

Cash Left In

£108,506

Equity

£56,750

Rent Range

£1,100 - £2,000

Rent Estimate

£1,584

Running Costs/mo

£1,046

Cashflow/mo

£538

Cashflow/yr

£6,454

ROI

6%

Gross Yield

8%

Local Sold Prices

50 sold prices from £120K to £310K, average is £220K. £1.6K/m² to £3.7K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£287.5K11/220 mi34, Bowring Close, Bristol, City Of Bristol BS13 0DQ3
£210K09/210.11 mi9, Crosscombe Drive, Bristol, City Of Bristol BS13 0DN3
£205K03/230.14 mi2, Mellent Avenue, Bristol, City Of Bristol BS13 0NT3
£269K03/230.14 mi12, Mellent Avenue, Bristol, City Of Bristol BS13 0NT3
£175K01/230.15 mi27, Pawlett Road, Bristol, City Of Bristol BS13 0DP3
£223K11/200.15 mi37, Pawlett Road, Bristol, City Of Bristol BS13 0DP3
£212.5K04/210.16 mi93, Pawlett Road, Bristol, City Of Bristol BS13 0DS3
£215K05/230.17 mi26, Aldwick Avenue, Bristol, City Of Bristol BS13 0NY3
£224K08/210.17 mi14, Hellier Walk, Bristol, City Of Bristol BS13 0DU3
£240K10/210.18 mi40, Englishcombe Road, Bristol, City Of Bristol BS13 0NP3
£214K11/200.18 mi353, Bishport Avenue, Bristol, City Of Bristol BS13 0BN3
£172K12/200.19 mi35, Mellent Avenue, Bristol, City Of Bristol BS13 0NS3
£222.5K03/210.26 mi325, Bishport Avenue, Bristol, City Of Bristol BS13 0PH3
£162K01/230.27 mi7, Maceys Road, Bristol, City Of Bristol BS13 0NQ3
£210K12/210.31 mi9, Dowling Road, Bristol, City Of Bristol BS13 0HA3
£275K12/220.32 mi17, Chelvey Close, Bristol, City Of Bristol BS13 0PJ3
£150K03/230.33 mi18, Moxham Drive, Bristol, City Of Bristol BS13 0HP3
£270K10/220.37 mi322, Bishport Avenue, Bristol, City Of Bristol BS13 0HD3
£310K01/230.39 mi60, Kilmersdon Road, Bristol, City Of Bristol BS13 9NA3
£195K03/210.39 mi21, Branche Grove, Bristol, City Of Bristol BS13 0HB3
£235K09/230.41 mi42, Kilmersdon Road, Bristol, City Of Bristol BS13 9NA3
£210K05/210.42 mi34, Hollisters Drive, Bristol, City Of Bristol BS13 0ER3
£270K10/210.43 mi13, Kilmersdon Road, Bristol, City Of Bristol BS13 9NE3
£211K02/210.43 mi25, Kilmersdon Road, Bristol, City Of Bristol BS13 9NE3
£230K03/210.44 mi3, Hogues Walk, Bristol, City Of Bristol BS13 9LZ3
£280K11/220.45 mi144, Newland Road, Bristol, City Of Bristol BS13 9DX3
£247K09/210.45 mi200, Newland Road, Bristol, City Of Bristol BS13 9DX3
£210K01/210.46 mi18, Oxleaze, Bristol, City Of Bristol BS13 0EP3
£220K07/210.48 mi195, Newland Road, Bristol, City Of Bristol BS13 9DT3
£188.5K02/210.48 mi153, Newland Road, Bristol, City Of Bristol BS13 9DT3
£218.5K10/200.48 mi147, Newland Road, Bristol, City Of Bristol BS13 9DT3
£205K03/210.48 mi185, Newland Road, Bristol, City Of Bristol BS13 9DT3
£155K11/200.5 mi10, Vowell Close, Bristol, City Of Bristol BS13 9HS3
£240K06/210.5 mi32, Vowell Close, Bristol, City Of Bristol BS13 9HS3
£120K01/210.5 mi33, Vowell Close, Bristol, City Of Bristol BS13 9HS3
£275K03/230.52 mi709, Bishport Avenue, Bristol, City Of Bristol BS13 9EH3
£220K11/200.52 mi28, Murford Avenue, Bristol, City Of Bristol BS13 9JY3
£272K02/230.53 mi712, Bishport Avenue, Bristol, City Of Bristol BS13 9EJ3
£203K03/210.53 mi5, Pavey Road, Bristol, City Of Bristol BS13 0LA3
£246K11/200.54 mi6, Harnhill Close, Bristol, City Of Bristol BS13 9NH3
£245K12/200.54 mi1, Harnhill Close, Bristol, Avon BS13 9NH3
£275K12/200.55 mi1, Gullimores Gardens, Bristol, City Of Bristol BS13 9PJ3
£180K06/210.57 mi40, Lampton Grove, Bristol, City Of Bristol BS13 0QA3
£180K10/210.58 mi30, Pigott Avenue, Bristol, City Of Bristol BS13 9HP3
£270K09/230.58 mi26, Pigott Avenue, Bristol, City Of Bristol BS13 9HP3
£220K05/210.58 mi7, Gander Close, Bristol, City Of Bristol BS13 9PN3
£275K07/210.58 mi6, Gander Close, Bristol, City Of Bristol BS13 9PN3
£220.5K10/210.59 mi8, Randolph Close, Bristol, City Of Bristol BS13 9PQ3
£240K03/230.59 mi3, Lampton Grove, Bristol, City Of Bristol BS13 0QB3
£215K12/200.59 mi6, Rodmead Walk, Bristol, City Of Bristol BS13 9HU3

Local Rents

11 rents from £1.1K/mo to £2K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,60010/240.43 mi-3
£1,35004/240.49 miThe Groves, Bristol, BS133
£1,47508/230.5 mi-3
£2,00001/250.55 mi-3
£1,60003/240.55 miCulverwell Road, BS133
£1,55003/240.55 miBinmead Gardens, BS133
£1,55004/240.55 miBinmead Gardens, BS13N/A
£1,65006/240.56 mi-3
£1,95001/250.58 mi-3
£1,10002/240.59 mi-3
£1,60004/240.6 miLampton Avenue, BS133

Local Area Statistics

Population in BS13

29,574

Population in Bristol

795,432

Town centre distance

4.81 miles away

Nearest school

0.30 miles away

Nearest train station

2.20 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £235,000

May 25, 2024

Sold for £115,500

2006

Sold for £59,995

2001

Floor Plans

Description

  • EPC - C +
  • No Onward Chain +
  • Ideal For First Time Buyers/Investors +
  • Great access to Bristol city centre - perfect for commuters or those who enjoy city life. +
  • Close to local amenities - shops, schools and transport links are all within easy reach. +
  • Rear garden - a great spot for summer barbecues or a tranquil escape. +
  • Three Bedroom Terrace House +

Yopa are pleased to present this well presented three bedroom family home situated in a quiet cul-de-sac backing onto the Dundry Hills. Brimming with renovation potential, this property is perfect for those seeking a blank canvas in a convenient location. This three bedroom home welcomes you into the hallway with a spacious living room to the front aspect and to the rear a separate kitchen with the dining room next door with both of these rooms overlooking the rear garden. To the first floor there are three bedrooms and the family bathroom.

This house is a great example of a versatile space and still has lots of potential if you are someone who wants to add their own stamp on a property.

This property would be ideal for:
First-time buyers looking for their first step on the property ladder.
Growing families needing additional space.
Investors seeking a property with good rental potential.

There are many open green spaces and local amenities close by, including the popular Imperial Retail Park which is only a short drive away providing a wide range of retail choices. For those with school age children there are several schools rated as good or outstanding by Ofsted.

There is easy access into Bristol City Centre making it a fantastic location for commuters, keen shoppers and those wanting to travel further afield with transport links in the centre including Temple Meads Train Station, bus to Bristol Airport, the M32 linking to the M4 towards London or South Wales and the M5 to the Midlands.

We are sure this property will be a popular choice for many buyers so please book your viewing today to avoid any disappointment.

EPC: C
COUNCIL TAX: A

Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, South West & Wales

01202 145444

Next Steps?

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