3 Bed Flat, Single Let, Bristol, BS6 5SW, £300,000

100 Springfield Road, Bristol, City Of Bristol, BS6 5SW - 10 months ago

Sold STC
Leasehold
BTL
78 m²
+4 photos

ValuationUndervalued

Sold Prices£140K - £1.1M
Sold Prices/m²£1.6K/m² - £11.8K/m²

 

 

Square Metres

77.60 m²
Price/m²£3.9K/m²

Value Estimate

£352,951
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£953 - £3,854

Rent Estimate

£1,065

Running Costs/mo

£1,171

Cashflow/mo

£-105

Cashflow/yr

£-1,266

Gross Yield

4%

Local Sold Prices

50 sold prices from £140K to £1.1M, average is £414.5K. £1.6K/m² to £11.8K/m², average is £4.6K/m².

PriceDateDistanceAddressBeds 
£330K06/210.29 miFlat 11, Bs2 Lofts, Little Bishop Street, Bristol, City Of Bristol BS2 9JD3
£235K01/210.31 miTop Floor Flat, 22, Elmgrove Road, Redland, Bristol, City Of Bristol BS6 6AJ3
£458.5K01/230.33 miFirst Floor Flat, 11, Cromwell Road, St Andrews, Bristol, City Of Bristol BS6 5HD3
£425K03/210.46 mi30a, Belmont Road, St Andrews, Bristol, City Of Bristol BS6 5AS3
£319K01/210.47 mi205, High Kingsdown, Bristol, City Of Bristol BS2 8DG3
£380K09/230.47 mi231, High Kingsdown, Bristol, City Of Bristol BS2 8DG3
£305K12/200.5 mi213, High Kingsdown, Bristol, Avon BS2 8DG3
£535K10/210.53 mi46a, Cotham Vale, Bristol, City Of Bristol BS6 6HR3
£480K12/200.6 miGround Floor Flat, 95, Chesterfield Road, St Andrews, Bristol, City Of Bristol BS6 5DS3
£600K03/210.61 miGround Floor Flat, 4, Kenilworth Road, Bristol, City Of Bristol BS6 6ER3
£360K02/230.62 mi38, Hampton Road, Redland, Bristol, City Of Bristol BS6 6HZ3
£320K10/200.68 mi3 The Nave, St Judes, Braggs Lane, Bristol, City Of Bristol BS2 0DE3
£330K11/200.68 mi2 The Nave, St Judes, Braggs Lane, Bristol, City Of Bristol BS2 0DE3
£421.5K04/210.7 miFirst Floor Flat, 124a, Redland Road, Bristol, City Of Bristol BS6 6XY3
£485K02/210.81 miFirst Floor Flat, 4, Oakland Road, Redland, Bristol, Avon BS6 6ND3
£419K12/200.91 miGarden Flat, 1 - 3, Southleigh Road, Bristol, City Of Bristol BS8 2BQ3
£509K03/230.91 miGround Floor Flat, 8, Whatley Road, Bristol, City Of Bristol BS8 2PU3
£230K05/210.94 miFlat 22, Down View, Ashley Down Road, Bristol, City Of Bristol BS7 9BP3
£410K03/231 miSecond Floor Flat, 3a, Alma Vale Road, Clifton, Bristol, City Of Bristol BS8 2HL3
£530K06/211.01 miSecond Floor Flat, 4, Eaton Crescent, Clifton, Bristol, City Of Bristol BS8 2EJ3
£369K01/211.02 mi54, Barton Road, Bristol, City Of Bristol BS2 0LD3
£340K02/211.02 miFlat 25, Muller House, Ashley Down Road, Bristol, City Of Bristol BS7 9DA3
£675K11/201.05 mi153, Deanery Road, Bristol, City Of Bristol BS1 5QH3
£625K02/231.07 mi3, Miles Road, Bristol, City Of Bristol BS8 2JN3
£560K07/231.08 miFront Maisonette, 46, Pembroke Road, Clifton, Bristol, City Of Bristol BS8 3DT3
£339.5K08/231.08 miFlat 34, Allen House, Arthur Milton Street, Bristol, City Of Bristol BS7 9EY3
£387.5K06/231.1 mi9, Richmond Park Road, Bristol, City Of Bristol BS8 3AS3
£382.5K05/211.1 miFirst Floor Flat, 84, Pembroke Road, Clifton, Bristol, City Of Bristol BS8 3EG3
£596K12/201.1 miGarden Flat, 94, Pembroke Road, Clifton, Bristol, City Of Bristol BS8 3EG3
£580K02/211.13 mi100b, Pembroke Road, Clifton, Bristol, City Of Bristol BS8 3EQ3
£330K06/231.13 mi2, Brentry Avenue, Bristol, City Of Bristol BS5 0DL3
£340K01/211.18 miFlat 25, Westmorland House, Durdham Park, Bristol, City Of Bristol BS6 6XH3
£336K04/211.18 miFlat 1, Westmorland House, Durdham Park, Bristol, City Of Bristol BS6 6XH3
£208K11/201.19 miFirst Floor Flat, 190, Lawrence Hill, Bristol, City Of Bristol BS5 0DR3
£440K02/211.21 miFlat 7, Wallcroft, Durdham Park, Bristol, City Of Bristol BS6 6XJ3
£297K10/211.23 miSecond Floor Flat, 23, Beaconsfield Road, Clifton, Bristol, City Of Bristol BS8 2TS3
£385K05/211.24 miFirst Floor Apartment, 44, Linden Road, Westbury Park, Bristol, City Of Bristol BS6 7RP3
£475K12/201.25 miFlat 10, Southdowns, The Avenue, Clifton, Bristol, City Of Bristol BS8 3GE3
£1.1M03/231.29 miFlat 3, St Brendas Court, Clifton Park, Bristol, City Of Bristol BS8 3BN3
£422.5K12/201.29 miFlat 19, The Quays, Cumberland Road, Bristol, City Of Bristol BS1 6UQ3
£450K01/231.29 miFlat 8, Perretts Court, Cumberland Road, Bristol, City Of Bristol BS1 6UF3
£393K03/231.32 mi26, Cairns Road, Bristol, City Of Bristol BS6 7TY3
£679K01/211.33 miFirst Floor Flat, Tower House, Clifton Down Road, Bristol, City Of Bristol BS8 4AG3
£360K12/201.33 mi32, Ashley Down Road, Bristol, City Of Bristol BS7 9JW3
£575K01/231.36 mi48, Maple Road, Bristol, City Of Bristol BS7 8RQ3
£500K06/211.42 miFlat 16, Portland Court, Cumberland Close, Bristol, City Of Bristol BS1 6XB3
£600K12/221.49 miFlat 7, Osborne Wallis House, Pooles Wharf Court, Bristol, City Of Bristol BS8 4PQ3
£321.8K03/231.53 mi62, William Street, Totterdown, Bristol, City Of Bristol BS3 4TX3
£140K11/201.58 mi3a, St Catherines Place, Bristol, City Of Bristol BS3 4HG3
£781K06/211.6 mi29, Downs Park West, Bristol, City Of Bristol BS6 7QH3

Local Rents

50 rents from £953/mo to £3.9K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£1,95003/240.07 miCheltenham Road, Stokes Croft, Bristol, BS63
£1,95004/240.07 miCheltenham Road, Stokes Croft, Bristol, BS63
£1,90003/240.09 miDove Street South - Kingsdown3
£2,00004/240.11 miDalton Square, Kingsdown3
£1,80004/240.11 miDalton Square, Kingsdown3
£1,80002/250.16 mi-3
£2,10003/240.18 miGibson Road- Cotham3
£95303/240.18 miKing Square, Bristol, 3
£2,58503/240.19 miFremantle Road, Cotham, Bristol, BS63
£2,58503/240.19 miFremantle Road, Cotham, Bristol, BS63
£2,15001/250.19 mi-3
£2,50003/240.19 miGwyn Street, Bristol, BS23
£2,55003/240.21 miBPC01590, Cotham Brow, Redland, BS63
£2,55003/240.21 miBPC01585, Cotham Brow, Cotham, BS63
£1,95002/250.21 mi-3
£1,95003/240.22 miArgyle Road, Bristol, BS23
£1,80002/250.22 mi-3
£2,28603/250.23 mi-3
£2,25003/240.24 miSt Matthews Road, Cotham, Bristol, BS6 5TU3
£2,04003/240.24 miCoach House, Cotham Road,3
£3,20001/250.26 mi-3
£3,85401/250.27 mi-3
£2,00003/250.28 mi-3
£2,34503/250.28 mi-3
£1,95003/250.28 mi-3
£2,17503/240.29 miGarden Flat Cotham Grove3
£2,50004/240.29 mi-3
£2,50004/240.29 miBs2 Lofts, Bristol, BS23
£2,10003/240.29 miThe Platform, Station Road, Montpelier, Bristol, BS63
£2,10005/240.29 miThe Platform, Station Road, Montpelier, Bristol, BS63
£1,80002/240.31 mi-3
£1,80004/240.31 miPortland View - City Centre3
£2,15001/250.31 mi-3
£2,68505/240.31 miCheltenham Road, Lower Cotham, Bristol, BS6 5QX3
£2,10003/240.32 miCotham Road, Cotham, Bristol3
£1,70003/240.32 miAppledore Cottage, 23 Kingsdown Parade, Kingsdown, Bristol, BS63
£1,40003/240.32 miCromwell Rd St Andrews Bristol3
£1,80003/250.33 mi-3
£1,95003/240.34 miCromwell Road - St Andrews3
£2,47503/240.34 miBrunswick Square, Bristol, BS23
£1,84503/240.34 miGarden Flat, Cotham Road3
£3,50003/240.34 miBishop Street, St Pauls, Bristol, BS23
£3,50003/240.34 miBishop Street, St Pauls, Bristol, BS23
£2,10012/240.34 mi-3
£1,79502/240.34 mi-3
£2,25003/240.37 mi-3
£2,10002/240.38 mi-3
£2,00003/250.38 mi-3
£1,99503/250.39 mi-3
£2,25003/240.39 miAlfred Place – 1803

Local Area Statistics

Population in BS6

33,615

Population in Bristol

795,432

Town centre distance

0.45 miles away

Nearest school

0.20 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-14%

Sales demand

Seller's market

Capital growth (5yrs)

+8%

Property History

Listed for £300,000

June 14, 2024

Sold for £270,000

2018

Sold for £117,000

2001

Sold for £36,000

1997

Floor Plans

Description

  • Chain Free +
  • New Gas Combi Boiler In November 2021 With 5 year Warranty +
  • 3 Bedroom Flat +
  • Private Entrance +
  • Residents Parking Scheme +
  • Fibre-optic internet +
  • Quiet Sough after location +
  • Ideal for Investment with achievable rent of £21,600 per annum +

The Property-

Presenting an exquisite flat featuring three bedrooms, a spacious living room, a separate kitchen, and a well-appointed bathroom, all accessible from a generously proportioned central hallway. Additionally, this residence boasts a separate utility area accessible from the bathroom, enhancing its practicality and convenience. Positioned on the ground floor, the flat benefits from a private entrance, ensuring privacy and exclusivity for its occupants. Situated serenely where Springfield Road intersects Ninetree Hill-a tranquil locale characterized by its no-through road configuration-this property offers a serene living environment. Local residents have the option to obtain parking permits for on-street parking, adding to the convenience of urban living. Recently refurbished with newly fitted carpets throughout, this flat exemplifies modern comfort and style. Moreover, the inclusion of fibre-optic internet cables extended in every room, including the lounge/living room, ensures seamless connectivity for contemporary lifestyles.

Location-

Set of a quiet road situated on the borders of Cotham and Montpelier, two popular areas of Bristol. Residents of Springfield Road are within close reach of shops and café's of Cheltenham and Gloucester Road, such as Emmeline and The Crafty Egg as well as the smaller high streets such as Picton Street and Chandos Road, which offer their own selection of popular independent bars and eateries, such as the well-regarded Bristolian Café on Picton Street. For commuters, Springfield Road is extremely well placed for a short walk or cycle in Bristol City Centre. Buses run frequently up and down the A38 and train transport is available across the city via nearby Montpelier and Redland train stations. For those looking for access to green space, the house is just a short walk from Cotham Gardens and St Andrews Park, whilst the larger expanse of the Downs is also just a short distance away.

Lease Information-

Remaining lease tenure: 966 years. Monthly management charge: £75. Annual ground rent: £20.

Agents notes-

This property has undergone comprehensive damp proofing measures to ensure long-term structural integrity and inhabitant comfort. With wall tanking implemented to mitigate water ingress, a robust impermeable waterproof barrier has been established on internal walls, guaranteeing protection against moisture-related issues and is accompanied by a 10-year guarantee, underscoring the commitment to quality and peace of mind for prospective buyers.

Council Tax Band: B
Tenure: Leasehold (966 years)
Ground Rent: £20 per year
Service Charge: £75 per month

Agent Details

Hopewell, Bristol

0117 911 8663

Next Steps?

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