3 Bed Semi-Detached House, Refurb/BRRR, Bristol, BS13 7SB, £350,000

Derham Road, BRISTOL, BS13 7SB - 3 views - 9 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~117 m²
+16 photos

ValuationFair Value

Sold Prices£130K - £540K
Sold Prices/m²£2.4K/m² - £4.6K/m²

 

 

Square Metres

~117.10 m²
Price/m²£3K/m²

Value Estimate

£350,000

 

 

End Value (After Refurb)

£363,010

Uplift in Value

+4%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£47,847

Bridging Loan Interest

£9,188

Total Cash In

£162,985

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£363,010

Mortgage (After Refinance)

£272,258

Mortgage LTV

75%

Cash Released

£9,758

Cash Left In

£153,227

Equity

£90,753

Rent Range

£1,295 - £2,350

Rent Estimate

£1,550

Running Costs/mo

£1,464

Cashflow/mo

£86

Cashflow/yr

£1,027

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £130K to £540K, average is £280K. £2.4K/m² to £4.6K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£440K01/230.02 mi2, Orchard Drive, Bishopsworth, Bristol, City Of Bristol BS13 8LQ3
£350K10/230.05 mi13, Perrycroft Road, Bristol, City Of Bristol BS13 7RY3
£270K05/210.05 mi26, Perrycroft Road, Bristol, City Of Bristol BS13 7RY3
£270K07/210.08 mi7, Derham Road, Bristol, City Of Bristol BS13 7SA3
£230K04/210.08 mi18, Derham Road, Bristol, City Of Bristol BS13 7SA3
£290K12/200.08 mi24, Derham Road, Bristol, City Of Bristol BS13 7SA3
£275K03/210.1 mi53, Grange Road, Bishopsworth, Bristol, City Of Bristol BS13 8LE3
£315K08/230.1 mi1, Heggard Close, Bristol, City Of Bristol BS13 7SE3
£310K02/210.11 mi85, Church Road, Bishopsworth, Bristol, Avon BS13 8JU3
£317.5K06/210.11 mi87, Church Road, Bishopsworth, Bristol, City Of Bristol BS13 8JU3
£291K10/200.11 mi34, Grange Road, Bishopsworth, Bristol, City Of Bristol BS13 8LD3
£400K06/230.12 mi88, Church Road, Bishopsworth, Bristol, City Of Bristol BS13 8JX3
£210K02/210.12 mi26, Goulston Road, Bristol, City Of Bristol BS13 7SQ3
£233K02/210.12 mi28, Goulston Road, Bristol, City Of Bristol BS13 7SQ3
£278K02/210.13 mi3, Gullons Close, Bristol, City Of Bristol BS13 7RQ3
£310K12/220.13 mi110, Church Road, Bishopsworth, Bristol, City Of Bristol BS13 8JY3
£285K07/210.14 mi49, Whitchurch Road, Bristol, City Of Bristol BS13 7RU3
£225.5K09/200.14 mi116, Church Road, Bishopsworth, Bristol, City Of Bristol BS13 8JY3
£320K06/230.14 mi114, Church Road, Bishopsworth, Bristol, City Of Bristol BS13 8JY3
£340K04/210.14 mi19, Whitchurch Road, Bristol, City Of Bristol BS13 7RS3
£322K05/210.15 mi66, Whitchurch Lane, Bishopsworth, Bristol, City Of Bristol BS13 7SN3
£130K04/230.15 mi84, Whitchurch Lane, Bishopsworth, Bristol, City Of Bristol BS13 7SN3
£435K03/230.18 mi16, Queens Road, Bishopsworth, Bristol, City Of Bristol BS13 8LB3
£167K09/210.19 mi209, Gatehouse Avenue, Bristol, City Of Bristol BS13 9AQ3
£258K09/210.2 mi25, Eastridge Drive, Bristol, City Of Bristol BS13 8HQ3
£372.5K07/230.2 mi13, Headley Road, Bristol, City Of Bristol BS13 7RN3
£345K03/210.23 mi22, Church Road, Bishopsworth, Bristol, City Of Bristol BS13 8JW3
£220K12/200.24 mi5, Fernsteed Road, Bristol, City Of Bristol BS13 8HD3
£540K12/220.24 mi14, Chestnut Walk, Bristol, City Of Bristol BS13 7RJ3
£249.3K09/210.26 mi9, Hosey Walk, Bristol, City Of Bristol BS13 9AF3
£280K06/210.26 mi11, Hosey Walk, Bristol, City Of Bristol BS13 9AF3
£210K10/200.26 mi32, Molesworth Drive, Bristol, City Of Bristol BS13 9BN3
£330K02/220.27 mi59, Highridge Road, Bishopsworth, Bristol, City Of Bristol BS13 8HJ3
£290K05/210.27 mi66, Highridge Road, Bishopsworth, Bristol, City Of Bristol BS13 8HL3
£265K11/220.28 mi22, Gatehouse Avenue, Bristol, City Of Bristol BS13 9AA3
£238K10/200.28 mi20, Sheepscroft, Bristol, City Of Bristol BS13 9BA3
£350K05/210.28 mi23, Manor Road, Bishopsworth, Bristol, City Of Bristol BS13 8EP3
£320K08/230.28 mi3, Manor Road, Bishopsworth, Bristol, City Of Bristol BS13 8EP3
£265K05/210.3 mi12, Ellfield Close, Bristol, City Of Bristol BS13 8EF3
£300K12/220.31 mi21, Vicarage Road, Bishopsworth, Bristol, City Of Bristol BS13 8ER3
£295K07/230.31 mi20, Wyatt Avenue, Bristol, City Of Bristol BS13 8HW3
£222K10/200.31 mi62, Dangerfield Avenue, Bristol, City Of Bristol BS13 8DX3
£280K10/210.33 mi24, Vicarage Road, Bishopsworth, Bristol, City Of Bristol BS13 8ES3
£264.3K04/210.33 mi20, Vicarage Road, Bishopsworth, Bristol, City Of Bristol BS13 8ES3
£300K05/210.33 mi63, Hillyfield Road, Bristol, City Of Bristol BS13 7QG3
£223K06/210.34 mi32, Gay Elms Road, Bristol, City Of Bristol BS13 9BB3
£222K03/210.34 mi24, Gay Elms Road, Bristol, City Of Bristol BS13 9BB3
£210K06/210.34 mi62, Whitland Road, Bristol, City Of Bristol BS13 9QG3
£212K05/210.35 mi10, Ashland Road, Bristol, City Of Bristol BS13 9BP3
£221K03/210.35 mi16, Ashland Road, Bristol, City Of Bristol BS13 9BP3

Local Rents

25 rents from £1.3K/mo to £2.4K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,40005/240.19 miFernsteed Road, Bishopsworth, Bristol, BS133
£1,50002/240.27 mi-3
£2,20005/240.28 miManor Road, Bishopsworth, Bristol3
£1,70003/240.29 miHighridge Crescent, BS133
£1,80005/240.31 miVicarage Road, Bishopsworth, Bristol, BS133
£1,30003/240.43 miBrookdale, Bristol, BS133
£2,35002/250.45 mi-3
£1,50004/240.45 miFulford Walk, Hartcliffe, Bristol, BS133
£1,50003/240.45 miSpartley Drive, Highridge, Bristol3
£1,60010/240.47 mi-3
£1,50004/240.49 miDurville Road, Bristol, BS133
£1,50005/240.5 miAzelin Avenue, Hartcliffe, 3
£1,55003/240.5 miBinmead Gardens, BS133
£1,55004/240.5 miBinmead Gardens, BS13N/A
£1,50003/240.51 miAzelin avenue, BS133
£1,60005/240.51 miMargaret Road, Bishopsworth, Bristol, BS133
£1,60003/240.53 miCulverwell Road, BS133
£1,45003/240.53 miHuntingham Road, Bristol, BS133
£1,45004/240.53 miHuntingham Road, Bristol, BS133
£1,50003/240.56 miHuntingham, BS133
£1,50005/240.58 miFour Acres, Withywood, Bristol3
£1,35004/240.59 miNailsea Close, Bedminster Down, Bristol, BS133
£1,50004/240.59 miSt Peters Rise, Bishopsworth, Bristol, BS133
£1,60004/240.6 miGreylands Road, Bristol, BS133
£1,29511/230.62 mi-3

Local Area Statistics

Population in BS13

29,574

Population in Bristol

795,432

Town centre distance

4.12 miles away

Nearest school

0.20 miles away

Nearest train station

1.41 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £350,000

July 3, 2024

Floor Plans

Description

  • Three-Bedroom +
  • Offstreet Parking +
  • Large Garage +
  • Downstairs wc +
  • Private Patio +

CJ Hole Bishopsworth are delighted to announce the sale of this fantastic three-bedroom family home with NO ONWARD CHAIN.

This amazing three bedroom property is a standout for those looking for a renovation project and looking to add substantial value.
The ground floor boasts a pleasureable and generously sized reception room which exudes a warm and inviting ambience boasting plenty of potential for future renovations, alongside a wc. Moving along you will find two additional reception rooms joining eachother which would be perfect for an extended dining room. The kitchen is flooded with natural light filling up the room, attaching a porch allowing easy access to the substantial Patio leading on to the Garden, perfect for Summer family gatherings. Seperate to the building is a capacious garage providing off street parking or perhaps additional storage space due to the sheer size of the driveway which also has space for parking.

Moving upstairs, you will be greeted by three inviting bedrooms alongside an outstanding bathroom including a walk in shower.

The Location is perfect given its just a thirteen minute walk away from Headley Park Primary school and seventeen minute walk from Bedminster down secondary school among many other nearby schools making this property perfect for a family looking for a warm family home. Its also in the centre of many nearby parks and green spaces along with restraunts cafe's and other amenities not to mention on the doorstop of Goulston Road Allotments, perfect for family days out.

Agent Details

CJ Hole, Bishopsworth

0117 463 7946

Next Steps?

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