2 Bed Flat, Single Let, Bristol, BS20 7AE, £360,000

Lockside, Portishead, BS20 7AE - 2 views - 10 months ago

Sold STC
Leasehold
BTL
~68 m²
+18 photos

ValuationOvervalued

Sold Prices£207.5K - £500K
Sold Prices/m²£3.1K/m² - £6.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.3K/m²

Value Estimate

£280,462

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£90,000

Stamp Duty & Legal Fees

£20,300

Total Cash In

£110,300

 

 

Cash Out

 

Rent Range

£1,090 - £1,650

Rent Estimate

£1,100

Running Costs/mo

£1,365

Cashflow/mo

£-265

Cashflow/yr

£-3,180

Gross Yield

4%

Local Sold Prices

50 sold prices from £207.5K to £500K, average is £275K. £3.1K/m² to £6.1K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£455K03/210.02 mi8, Lockside Square, Portishead, Bristol, North Somerset BS20 7AH2
£410K08/230.02 mi5, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£425K03/230.02 mi6, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£350K01/210.02 mi4, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£360K02/230.02 mi33, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£385K11/220.02 mi32, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£261.5K02/230.05 mi18, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£234K02/210.05 mi16, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£235K10/200.05 mi3, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£215K09/210.05 mi6, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£240K07/210.05 mi1, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£430K09/230.07 mi56, Lockside, Portishead, Bristol, North Somerset BS20 7AF2
£291K04/210.07 mi61, Lockside, Portishead, Bristol, North Somerset BS20 7AF2
£286K02/230.07 mi1, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£330K10/200.07 mi397, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£333K02/210.07 mi385, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£325K06/230.07 mi333, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£260K03/210.11 mi557, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QF2
£260K06/230.12 mi120, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7PT2
£217K10/200.12 mi123, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£242K12/210.12 mi114, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£263K10/210.12 mi105, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£237K06/210.12 mi20, Woodacre, Portishead, Bristol, North Somerset BS20 7BT2
£323K06/230.12 mi66, Woodacre, Portishead, Bristol, North Somerset BS20 7BT2
£500K11/200.12 mi425, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£235K11/200.14 mi193, Eastcliff, Portishead, Bristol, North Somerset BS20 7AQ2
£232K11/210.14 mi217, Eastcliff, Portishead, Bristol, North Somerset BS20 7AQ2
£235K11/200.14 mi193, Eastcliff, Portishead, Bristol, North Somerset BS20 7AQ2
£220K03/210.14 mi215, Eastcliff, Portishead, Bristol, North Somerset BS20 7AQ2
£425K11/200.14 miFlat 19, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£330K04/210.14 miFlat 33, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£410K10/230.14 miFlat 31, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£388K03/210.14 mi71, Burlington Road, Portishead, Bristol, North Somerset BS20 7BQ2
£370K11/200.14 mi55, Burlington Road, Portishead, Bristol, North Somerset BS20 7BQ2
£385K06/230.14 mi73, Burlington Road, Portishead, Bristol, North Somerset BS20 7BQ2
£290K11/220.16 mi18, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QJ2
£290K03/230.16 mi35, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£255K12/200.16 mi32, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£220K01/210.16 mi28, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£237.5K01/210.16 mi49, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£275K12/200.16 mi48, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£250K02/210.17 mi194, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7PT2
£295K03/230.18 mi27, Pier Close, Portishead, Bristol, North Somerset BS20 7BU2
£265K06/210.18 mi19, Pier Close, Portishead, Bristol, North Somerset BS20 7BU2
£275K01/210.18 mi24, Pier Close, Portishead, Bristol, North Somerset BS20 7BU2
£310K04/230.21 mi2, Sally Hill, Portishead, Bristol, North Somerset BS20 7BH2
£245K12/200.21 mi109, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£207.5K04/210.22 mi37, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£265K11/220.22 mi25, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£215K02/210.22 mi39, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2

Local Rents

36 rents from £1.1K/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,65012/240.02 miLockside, Portishead, North Somerset, BS202
£1,30003/240.05 miEastcliff - Portishead Marina2
£1,20012/240.06 mi-2
£1,25001/250.06 mi-2
£1,20012/240.08 miWaters Edge, Port Marine, Portishead, BS202
£1,29503/240.11 miNewfoundland Way - Portishead Marina2
£1,45012/240.11 miNewfoundland Way, Portishead2
£1,29503/240.11 miNewfoundland Way - Portishead Marina2
£1,37512/240.11 miNewfoundland Way, Portishead, Bristol, Somerset, BS202
£1,20003/240.12 miWoodacre (The Edge), Port Marine, Portishead, North Somerset, BS202
£1,25012/240.12 miWoodacre, Portishead, Bristol, BS202
£1,35012/240.14 miKeel Avenue, Portishead, Bristol, BS202
£1,20012/240.14 miCentre Quay, Lower Burlington Road, Portishead, North Somerset, BS202
£1,27512/240.14 miEastcliff - Portishead Marina2
£1,50012/240.14 miBurlington Road, Portishead, BS202
£1,25003/250.17 mi-2
£1,15003/240.17 miBPC02202 Pennant Place, Bristol2
£1,09012/240.18 miEstuary House, Lower Burlington Road, Portishead, BS202
£1,20003/240.18 miNavigators Court - Portishead Marina2
£1,40003/250.19 mi-2
£1,20003/240.21 miGuillemot Road, Portishead2
£1,25012/240.21 miGuillemot Road, Portishead2
£1,15012/240.22 miGuillemot Road, Portishead, North Somerset, BS202
£1,25012/240.23 miMerchant Square - Portishead2
£1,30003/240.25 miForth Avenue, Portishead, Bristol, Somerset, BS202
£1,15003/240.25 miKittiwake Drive, Portishead, North Somerset, BS202
£1,20004/240.26 miNewfoundland Way, Portishead, North Somerset, BS202
£1,20012/240.26 miNewfoundland Way, Portishead, North Somerset, BS202
£1,30002/250.28 mi-2
£1,30003/240.29 miKittiwake Drive, Portishead, BRISTOL2
£1,10003/240.31 miSouth Road, Portishead, Bristol, BS202
£1,20012/240.31 mi-2
£1,20012/240.31 miSouth Road, Portishead, Bristol, BS202
£1,25012/240.34 miForth Avenue - Portishead2
£1,30003/240.56 miCamomile Walk, Portishead2
£1,10012/240.58 miHigh Street, Portishead, Bristol2

Local Area Statistics

Population in BS20

30,042

Population in Bristol

795,432

Town centre distance

7.40 miles away

Nearest school

0.30 miles away

Nearest train station

2.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £360,000

January 15, 2025

Price changed to £375,000

December 4, 2024

Listed for £395,000

June 12, 2024

Floor Plans

Description

  • Lockside +
  • Portishead +
  • Port Marine +
  • Stunning Marina Views +
  • Balcony +
  • Allocated parking +
  • Lift Access +
  • Leasehold +
  • EPC - TBC +

A beautifully presented 2 double-bedroom apartment situated on the popular Port Marine development, with fantastic views over the Marina. *EWS1 Certificate in place

Overview

Inside you are greeted by a bright and airy entrance hall, an open-plan kitchen/ lounge/dining room with French doors leading out to a sunny balcony showcasing the stunning Marina views. The modern kitchen is fitted with high gloss units, built-in fridge/freezer, oven, microwave/oven, hob, dishwasher, washing machine and the living area has a built in TV cabinet.

There are two double bedrooms, the master bedroom has a modern en-suite and built-in wardrobe. There is also another 3 piece shower room and an airing cupboard located off the hallway.

Outside

There is a good size balcony, providing a lovely space to relax and enjoy the outdoors without leaving the comfort of your own home. There is also an allocated parking space.

Location

The apartment is positioned in the popular Port Marine development where you'll find picturesque walks, vibrant bars, coffee shops and restaurants. Also, situated within walking distance to the High Street and Lake Grounds.

We think...

The apartment is perfect for those who want to make the most out of Marina living and all its fantastic amenities and attractions right on its doorstep. The home has been beautifully decorated throughout and is ready to move straight in, unpack your bags and enjoy all it's features.

Material information (provided by owner)

Leasehold. The lease started in Sept 2004 at 999 years with 979 years remaining. The current Management Fee is £2,430 per year and the Ground Rent is £150 per year.

Agent Details

Ocean, Portishead

01275 402899

Next Steps?

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