3 Bed Semi-Detached House, Refurb/BRRR, Bristol, BS13 9EE, £160,000

Pesley Close, Withywood, Bristol, BS13 9EE - 10 months ago

Sold STC
Auction
Refurb/BRRR
ROI: 5%
~86 m²
+11 photos

ValuationFair Value

Sold Prices£120K - £416.5K
Sold Prices/m²£1.6K/m² - £4K/m²

 

 

Square Metres

~86.40 m²
Price/m²£1.9K/m²

Value Estimate

£163,200

 

 

End Value (After Refurb)

£249,429

Uplift in Value

+56%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Refurb Costs

£35,303

Bridging Loan Interest

£4,200

Total Cash In

£90,453

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£249,429

Agent Fees (1%)

£2,494

Bridging Loan

£120,000

Bridging Loan Interest

£4,200

Flip Profit

£36,481

Local Sold Prices

50 sold prices from £120K to £416.5K, average is £239K. £1.6K/m² to £4K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£242.5K06/210.03 mi6, Newland Road, Bristol, City Of Bristol BS13 9ED3
£168K11/200.03 mi6, Newland Road, Bristol, City Of Bristol BS13 9ED3
£230K08/230.04 mi44, Claypiece Road, Bristol, City Of Bristol BS13 9DP3
£375K11/220.08 mi8, Margaret Road, Bristol, City Of Bristol BS13 9DQ3
£275K12/200.1 mi11, Margaret Road, Bristol, City Of Bristol BS13 9DQ3
£416.5K06/220.12 mi153, Queens Road, Bishopsworth, Bristol, City Of Bristol BS13 8QD3
£335K11/220.16 mi224, Queens Road, Bishopsworth, Bristol, City Of Bristol BS13 8QF3
£245K02/210.18 mi4, Whiting Road, Bristol, City Of Bristol BS13 9EX3
£240K07/230.19 mi75, Gay Elms Road, Bristol, City Of Bristol BS13 9BD3
£238K12/200.2 mi4, Arthurswood Road, Bristol, City Of Bristol BS13 9EZ3
£260K03/230.2 mi3, Bearbridge Road, Bristol, City Of Bristol BS13 8SE3
£285K01/230.21 mi9, Leyland Walk, Withywood, Bristol, City Of Bristol BS13 8PY3
£223K06/210.23 mi32, Gay Elms Road, Bristol, City Of Bristol BS13 9BB3
£222K03/210.23 mi24, Gay Elms Road, Bristol, City Of Bristol BS13 9BB3
£200K10/220.23 mi179, Four Acres, Bristol, City Of Bristol BS13 8QQ3
£212K05/210.24 mi10, Ashland Road, Bristol, City Of Bristol BS13 9BP3
£282.5K08/230.24 mi2, Ashland Road, Bristol, City Of Bristol BS13 9BP3
£221K03/210.24 mi16, Ashland Road, Bristol, City Of Bristol BS13 9BP3
£270K12/220.24 mi47, Paybridge Road, Bristol, City Of Bristol BS13 8PX3
£195K02/210.24 mi31, Paybridge Road, Bristol, City Of Bristol BS13 8PX3
£180K10/210.25 mi30, Pigott Avenue, Bristol, City Of Bristol BS13 9HP3
£270K09/230.25 mi26, Pigott Avenue, Bristol, City Of Bristol BS13 9HP3
£272K02/230.26 mi712, Bishport Avenue, Bristol, City Of Bristol BS13 9EJ3
£275K03/230.26 mi709, Bishport Avenue, Bristol, City Of Bristol BS13 9EH3
£215K03/210.26 mi44, Paybridge Road, Bristol, City Of Bristol BS13 8PU3
£298.5K11/220.26 mi26, Redford Crescent, Bristol, City Of Bristol BS13 8RZ3
£238K10/200.28 mi20, Sheepscroft, Bristol, City Of Bristol BS13 9BA3
£215K12/200.28 mi6, Rodmead Walk, Bristol, City Of Bristol BS13 9HU3
£280K02/230.28 mi6, Rodmead Walk, Bristol, City Of Bristol BS13 9HU3
£215K12/200.28 mi6, Rodmead Walk, Bristol, City Of Bristol BS13 9HU3
£120K11/200.29 mi10, Riverland Drive, Bristol, City Of Bristol BS13 8PL3
£255K01/230.29 mi63, Molesworth Drive, Bristol, City Of Bristol BS13 9BJ3
£220K07/210.29 mi195, Newland Road, Bristol, City Of Bristol BS13 9DT3
£188.5K02/210.29 mi153, Newland Road, Bristol, City Of Bristol BS13 9DT3
£218.5K10/200.29 mi147, Newland Road, Bristol, City Of Bristol BS13 9DT3
£205K03/210.29 mi185, Newland Road, Bristol, City Of Bristol BS13 9DT3
£265K11/220.3 mi22, Gatehouse Avenue, Bristol, City Of Bristol BS13 9AA3
£247K09/210.31 mi200, Newland Road, Bristol, City Of Bristol BS13 9DX3
£280K11/220.32 mi144, Newland Road, Bristol, City Of Bristol BS13 9DX3
£249.3K09/210.33 mi9, Hosey Walk, Bristol, City Of Bristol BS13 9AF3
£280K06/210.33 mi11, Hosey Walk, Bristol, City Of Bristol BS13 9AF3
£280K04/230.34 mi47, Redford Crescent, Bristol, North Somerset BS13 8SA3
£200K11/200.34 mi55, Redford Crescent, Bristol, City Of Bristol BS13 8SA3
£232K07/210.34 mi31, Huntingham Road, Bristol, City Of Bristol BS13 8NB3
£262K11/210.34 mi29, Huntingham Road, Bristol, City Of Bristol BS13 8NB3
£215K10/200.35 mi154, Four Acres, Bristol, City Of Bristol BS13 8RG3
£210K10/200.36 mi32, Molesworth Drive, Bristol, City Of Bristol BS13 9BN3
£155K11/200.37 mi10, Vowell Close, Bristol, City Of Bristol BS13 9HS3
£240K06/210.37 mi32, Vowell Close, Bristol, City Of Bristol BS13 9HS3
£120K01/210.37 mi33, Vowell Close, Bristol, City Of Bristol BS13 9HS3

Local Rents

12 rents from £1.3K/mo to £1.7K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,60005/240.1 miMargaret Road, Bishopsworth, Bristol, BS133
£1,29511/230.17 mi-3
£1,40005/240.17 miQueens Road, Bishopsworth, Bristol3
£1,50005/240.26 miFour Acres, Withywood, Bristol3
£1,60003/240.26 miCulverwell Road, BS133
£1,50002/240.3 mi-3
£1,45003/240.33 miHuntingham Road, Bristol, BS133
£1,45004/240.33 miHuntingham Road, Bristol, BS133
£1,50003/240.4 miHuntingham, BS133
£1,70003/240.52 miHighridge Crescent, BS133
£1,55003/240.55 miBinmead Gardens, BS133
£1,55004/240.55 miBinmead Gardens, BS13N/A

Local Area Statistics

Population in BS13

29,574

Population in Bristol

795,432

Town centre distance

4.68 miles away

Nearest school

0.20 miles away

Nearest train station

1.97 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Price changed to £160,000

January 23, 2025

Listed for £170,000

May 31, 2024

Floor Plans

Description

  • For Sale by Modern Method Auction +
  • Subject to Reserve Price & Reservation Fee +
  • Located In a Quiet Area of Withywood +
  • Three Bedrooms +
  • Large Garden +
  • Upstairs Bathroom +

CJ Hole Bishopsworth are delighted to welcome to the sales market this three bedroom semi-detached home.

This property is for sale by Modern Method of Auction powered by iamsold LTD - Starting Bid £170,000 + Reservation Fee

Update: Auction Running until 30th January 2025 at 2pm

This three bedroom property requires full renovation throughout but offers plenty of scope to turn into an ideal family home.

Downstairs offers a living room and separate kitchen/diner. Upstairs there are three bedrooms and a bathroom. There is also a large garden to the rear.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangement
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Agent Details

CJ Hole, Bishopsworth

0117 463 7946

Next Steps?

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