2 Bed Semi-Detached House, Refurb/BRRR, Bristol, BS14 9AT, £300,000

Ravenhead Drive, Bristol, BS14 9AT - 9 months ago

Sold STC
Refurb/BRRR
~131 m²
+10 photos

ValuationFair Value

Sold Prices£117K - £355K
Sold Prices/m²£1.8K/m² - £4.7K/m²

 

 

Square Metres

~130.90 m²
Price/m²£2.3K/m²

Value Estimate

£300,000

 

 

End Value (After Refurb)

£418,151

Uplift in Value

+39%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£53,043

Bridging Loan Interest

£7,875

Total Cash In

£150,368

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£418,151

Agent Fees (1%)

£4,182

Bridging Loan

£225,000

Bridging Loan Interest

£7,875

Flip Profit

£38,601

Local Sold Prices

50 sold prices from £117K to £355K, average is £240K. £1.8K/m² to £4.7K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£350K07/220.07 mi538, Wells Road, Bristol, City Of Bristol BS14 9AN2
£230K12/220.09 mi51, Ravenhead Drive, Bristol, City Of Bristol BS14 9AU2
£317.5K07/230.09 mi62, Petherton Road, Bristol, City Of Bristol BS14 9BX2
£300K02/210.12 mi2, Clive Road, Bristol, City Of Bristol BS14 9HE2
£255K11/200.19 mi11, Petherton Gardens, Bristol, City Of Bristol BS14 9BT2
£289K06/210.19 mi31, Petherton Gardens, Bristol, City Of Bristol BS14 9BT2
£240K06/210.19 mi25, Petherton Gardens, Bristol, City Of Bristol BS14 9BT2
£269.1K03/210.19 mi15, Petherton Gardens, Bristol, City Of Bristol BS14 9BT2
£275K01/210.2 mi52, Petherton Gardens, Bristol, City Of Bristol BS14 9BS2
£330K03/220.31 mi15, Ponsford Road, Bristol, City Of Bristol BS4 2US2
£355K07/230.33 mi8, Birchdale Road, Bristol, City Of Bristol BS14 9TW2
£220K03/230.34 mi6, Manston Close, Bristol, City Of Bristol BS14 8AZ2
£235K08/210.41 mi36, Shaw Gardens, Hengrove, Bristol, City Of Bristol BS14 9TP2
£255K11/210.42 mi37, Shaw Gardens, Hengrove, Bristol, City Of Bristol BS14 9TP2
£275K12/220.42 mi22, Hanford Court, Bristol, City Of Bristol BS14 8BD2
£235K11/210.44 mi90, New Fosseway Road, Bristol, City Of Bristol BS14 9LL2
£200K01/210.44 mi102, New Fosseway Road, Bristol, City Of Bristol BS14 9LL2
£225K08/210.44 mi62, New Fosseway Road, Bristol, City Of Bristol BS14 9LL2
£250.5K05/230.45 mi88, Sturminster Road, Bristol, City Of Bristol BS14 8AU2
£250K09/230.46 mi14, Morden Walk, Bristol, City Of Bristol BS14 8BB2
£225K08/230.47 mi133, Salcombe Road, Bristol, City Of Bristol BS4 1AB2
£205K06/210.48 mi104, New Fosseway Road, Bristol, Avon BS14 9LJ2
£277.5K09/230.48 mi47, Eva Turner Close, Bristol, City Of Bristol BS14 9BQ2
£260K03/230.51 mi28, Gilda Crescent, Bristol, City Of Bristol BS14 9LF2
£235K01/210.51 mi44, Gilda Crescent, Bristol, City Of Bristol BS14 9LF2
£222.5K12/200.54 mi62, Rodfords Mead, Bristol, City Of Bristol BS14 9UE2
£260K05/230.55 mi39, Great Hayles Road, Bristol, City Of Bristol BS14 0SY2
£285K01/230.56 mi3, Crossways Mews, Bristol, City Of Bristol BS4 2AE2
£212K03/210.56 mi423, Wells Road, Bristol, City Of Bristol BS4 2QW2
£235K02/210.56 mi383, Wells Road, Bristol, City Of Bristol BS4 2QW2
£117K08/230.57 mi11, Loxton Square, Bristol, City Of Bristol BS14 9SE2
£123.6K06/230.57 mi19, Loxton Square, Bristol, City Of Bristol BS14 9SE2
£220K05/210.58 mi13, Charter Walk, Bristol, City Of Bristol BS14 0RZ2
£240K04/210.58 mi55, Gilda Crescent, Bristol, City Of Bristol BS14 9LE2
£210K05/210.58 mi60, Gilda Crescent, Bristol, City Of Bristol BS14 9LE2
£257K06/230.6 mi1, Cross Walk, Bristol, City Of Bristol BS14 0RX2
£254.5K09/210.61 mi3, Chessington Avenue, Bristol, City Of Bristol BS14 9NW2
£230K11/200.62 mi98, Gilda Crescent, Bristol, City Of Bristol BS14 9LD2
£260K02/230.62 mi109, Gilda Crescent, Bristol, City Of Bristol BS14 9LD2
£269K05/230.62 miStanford, West Town Lane, Bristol, City Of Bristol BS4 5DQ2
£210K06/210.64 mi87, Somerdale Avenue, Bristol, City Of Bristol BS4 1AE2
£180K11/200.65 mi126, Gilda Crescent, Bristol, City Of Bristol BS14 9LA2
£322K09/230.66 mi1a, Greenwood Road, Bristol, City Of Bristol BS4 2SX2
£200K11/200.66 mi11, Turnberry Walk, Bristol, Avon BS4 5DL2
£185K11/200.67 mi139, Dutton Road, Bristol, Avon BS14 8BY2
£205K06/210.68 mi13, Prestwick Close, Bristol, City Of Bristol BS4 5DN2
£240K01/210.71 mi39, Kylross Avenue, Bristol, City Of Bristol BS14 9NQ2
£226K04/230.73 mi71, Newquay Road, Bristol, City Of Bristol BS4 1ED2
£230K12/200.74 mi94, Dutton Road, Bristol, City Of Bristol BS14 8BS2
£242K09/210.76 mi21, Grace Park Road, Bristol, City Of Bristol BS4 5JB2

Local Rents

18 rents from £1.1K/mo to £1.7K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10002/240.06 mi-2
£1,20003/240.06 miWhitwell Road - Hengrove2
£1,10003/240.08 miRavenhead Drive, Bristol, BS142
£1,19502/250.13 mi-2
£1,29502/250.29 mi-2
£1,30004/240.31 miCadogan Road, BS142
£1,34503/240.42 miSturminster Road, Stockwood2
£1,30003/250.5 mi-2
£1,40002/240.5 mi-2
£1,70003/240.53 miWells Road, Bristol, BS42
£1,60003/240.53 miWells Road, Bristol, BS42
£1,70003/240.53 mi-2
£1,60004/240.53 mi-2
£1,35003/240.56 miTarnock Avenue, BS142
£1,30003/240.58 miGilda Crescent, Whitchurch, Bristol, BS142
£1,35003/240.58 miSnapdragon Apartments - Hengrove2
£1,40003/240.59 mi-2
£1,30001/250.59 mi-2

Local Area Statistics

Population in BS14

28,656

Population in Bristol

795,432

Town centre distance

3.44 miles away

Nearest school

0.20 miles away

Nearest train station

1.72 miles away

 

 

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £300,000

June 28, 2024

Floor Plans

Description

  • Two Bedroom Semi Detached House +
  • NO ONWARD CHAIN +
  • Front And Rear Gardens +
  • Garage And Parking +
  • In Need Of Modernisation +
  • Double Glazing +
  • Gas Central Heating +
  • Close To Local Amenities +
  • Good Schools Nearby +
  • Extended To The Rear +

The Property
In good order throughout but in need of some modernisation is this wonderful TWO BEDROOM SEMI DETACHED HOUSE. Being sold with NO ONWWARD CHAIN, this property presents a fantastic opportunity for someone to really put their own stamp on it. Already extended to the rear, this property has lots more potential, these type of properties are perfect to extend the top floor wit a dormer and add one or even two further bedrooms. Must be viewed to be fully appreciated the potential on offer here.

The accommodation briefly comprises entrance hall, front living room, bathroom, kitchen, dining room, rear living room, and integral single garage to the ground floor with two large double bedrooms to the floor above.

Further benefits include built in wardrobes in both bedrooms, double glazing, front and rear gardens and close to lots of local amenities including shops schools and good transport links.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Bristol

020 3834 8691

Next Steps?

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