2 Bed Flat, Refurb/BRRR, Bristol, BS9 3AT, £268,500

7 IVY LODGE, WESTBURY HILL, BRISTOL, BS9 3AT - 8 months ago

Leasehold
Refurb/BRRR
ROI: 1%
~66 m²
+13 photos

ValuationFair Value

Sold Prices£133.7K - £1.1M
Sold Prices/m²£2.2K/m² - £5.4K/m²

 

 

Square Metres

~66.10 m²
Price/m²£4.1K/m²

Value Estimate

£263,351

 

 

End Value (After Refurb)

£352,632

Uplift in Value

+31%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,125

Stamp Duty & Legal Fees

£15,550

Refurb Costs

£27,009

Bridging Loan Interest

£7,048

Total Cash In

£118,482

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£352,632

Agent Fees (1%)

£3,526

Bridging Loan

£201,375

Bridging Loan Interest

£7,048

Flip Profit

£29,249

Local Sold Prices

34 sold prices from £133.7K to £1.1M, average is £249.8K. £2.2K/m² to £5.4K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£370K03/210.03 mi18b, Eastfield Road, Westbury On Trym, Bristol, City Of Bristol BS9 4AD2
£401K12/200.11 mi164a, Westbury Road, Westbury On Trym, Bristol, City Of Bristol BS9 3AH2
£243.5K07/210.13 miFlat 1, Falcon Court, Southfield Road, Westbury On Trym, Bristol, City Of Bristol BS9 3BQ2
£235K04/210.2 mi42, Grange Close North, Bristol, City Of Bristol BS9 4AZ2
£230K02/210.2 mi33, Grange Close North, Bristol, Avon BS9 4AZ2
£239K02/210.2 mi44, Grange Close North, Bristol, City Of Bristol BS9 4AZ2
£260K12/210.2 mi40, Grange Close North, Bristol, City Of Bristol BS9 4AZ2
£335K04/230.28 miFlat 3, Grange Court, Grange Court Road, Bristol, City Of Bristol BS9 4DW2
£248K08/210.39 mi14, Clover Ground, Bristol, City Of Bristol BS9 4UF2
£226K04/230.53 miFlat 6, Stratford Court, Westover Gardens, Bristol, City Of Bristol BS9 3NE2
£255K11/200.55 mi40, Westover Road, Bristol, City Of Bristol BS9 3LT2
£251K05/210.6 mi10a, Westover Rise, Bristol, City Of Bristol BS9 3LU2
£500K05/210.6 mi14, Henley Grove, Bristol, City Of Bristol BS9 4EG2
£315K09/210.61 miSecond Floor Flat, 39, Henleaze Gardens, Bristol, City Of Bristol BS9 4HH2
£248.5K11/200.63 mi48a, Northover Road, Bristol, City Of Bristol BS9 3LJ2
£262K05/210.63 mi52, Northover Road, Bristol, City Of Bristol BS9 3LJ2
£180K04/210.63 miFlat, 1a, Concorde Drive, Bristol, City Of Bristol BS10 6PZ2
£133.7K08/210.63 mi5a, Concorde Drive, Bristol, City Of Bristol BS10 6PZ2
£555K05/210.64 mi37, Henleaze Road, Bristol, Avon BS9 4EY2
£550K11/200.64 miGarden Flat, 23, Henleaze Road, Bristol, City Of Bristol BS9 4EY2
£550K11/200.64 miGarden Flat, 23, Henleaze Road, Bristol, City Of Bristol BS9 4EY2
£210.5K03/210.69 mi15, Burghill Road, Westbury On Trym, Bristol, Avon BS10 6NQ2
£183K11/200.73 miFlat 24, Frances Greeves House, Henbury Road, Henbury, Bristol, City Of Bristol BS10 7FG2
£185K02/210.73 miFlat 15, Frances Greeves House, Henbury Road, Henbury, Bristol, City Of Bristol BS10 7FG2
£1.1M01/210.73 mi46, Downs Park West, Bristol, City Of Bristol BS6 7QL2
£275K02/230.79 mi19, Wellesley Mews, Westbury On Trym, Bristol, City Of Bristol BS10 5DJ2
£205K07/230.85 mi30, Westacre Close, Bristol, City Of Bristol BS10 7DH2
£195K07/210.85 mi49, Westacre Close, Bristol, City Of Bristol BS10 7DH2
£221K11/220.85 mi33, Westacre Close, Bristol, City Of Bristol BS10 7DH2
£210K06/210.85 mi26, Westacre Close, Bristol, City Of Bristol BS10 7DH2
£210K06/230.85 mi41, Westacre Close, Bristol, City Of Bristol BS10 7DH2
£475K12/220.88 mi9, Howard Road, Westbury Park, Bristol, City Of Bristol BS6 7US2
£455K07/210.92 mi18, Westbury Park, Bristol, City Of Bristol BS6 7JA2
£255K06/230.98 mi152b, Coldharbour Road, Bristol, City Of Bristol BS6 7SP2

Local Rents

28 rents from £1.1K/mo to £2.5K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,45003/240.09 mi-2
£1,45003/240.09 miStoke Lane, Westbury-On-Trym, Bristol, BS92
£2,50003/240.11 miWestbury Road, Westbury-on-Trym, Bristol, BS92
£1,30003/240.12 miSouthfield Road, Bristol, BS92
£1,07503/240.13 miCanford Lane, Westbury-on-trym Village2
£1,60003/240.18 miHigh Street - Westbury on Trym2
£1,40004/240.19 miDowns Cote Park, Westbury-on-Trym, Bristol, BS9 3JT2
£1,35004/240.23 miWestbury Road- Westbury-on-Trym2
£1,50003/240.23 miPassage Road, Westbury-On-Trym, Bristol2
£1,40002/240.28 mi-2
£1,40012/240.35 mi-2
£1,55012/240.35 mi-2
£1,42501/250.36 mi-2
£1,60002/250.37 mi-2
£1,70002/240.38 mi-2
£1,60012/240.38 mi-2
£1,90001/250.38 mi-2
£1,70002/250.38 mi-2
£1,50004/240.47 miHenleaze Road, Henleaze, Bristol, BS92
£1,70003/240.5 miCavendish Road - Henleaze2
£1,35003/240.51 miHenleaze Road, Henleaze2
£1,50011/240.53 mi-2
£1,35012/240.55 mi-2
£1,57511/240.55 mi-2
£1,45010/240.56 mi-2
£1,49503/240.58 miHenleaze Gardens FFF Flat 2, Henleaze, Bristol, BS92
£1,40003/240.61 mi29 Henleaze Gardens – Top Floor Flat2
£1,35003/240.61 mi29 Henleaze Gardens – Top Floor Flat2

Local Area Statistics

Population in BS9

31,160

Population in Bristol

795,432

Town centre distance

1.87 miles away

Nearest school

0.20 miles away

Nearest train station

1.65 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Price changed to £268,500

January 11, 2025

Listed for £275,000

August 9, 2024

Floor Plans

Description

  • Open Plan Lounge/Diner +
  • Separate Kitchen +
  • Two Double Bedrooms +
  • Private Garage +
  • Extensive Views +
  • No Onward Chain +

A bright and airy, top floor apartment that has stunning, extensive views over the charming Westbury-on-Trym village.

Welcome to this inviting and spacious apartment, perfectly situated within the heart of Westbury-on-Trym Village. The property is approached via a secure telephone entry system that leads to the main hallway, with stairs guiding you to the apartment itself.

Upon entering, you are greeted by a welcoming central hallway providing access to all rooms and several useful storage cupboards.

The generous lounge/diner features dual aspect, offering extensive views to both the front and rear of the property, ensuring plenty of natural light throughout the day.

The separate kitchen area boasts an additional window to the front, ample storage options, and space for appliances.

This apartment includes two double bedrooms located at the rear, each with impressive views. The master bedroom is further enhanced by fitted wardrobes, providing ample storage space.

The bathroom is fitted with a white three-piece suite, including a shower over a corner bath.

Additionally, the property includes a private and secure garage, accessed from the rear, ensuring convenient and safe parking or additional storage.

Positioned conveniently adjacent to local shops, cafés, and restaurants, along with excellent public transport links within the vibrant Westbury Village.

While in need of modernisation, this apartment is being marketed accordingly and comes with no onward chain.

Council Tax Band: C

Leasehold Information –
Length of Lease: 999 Years From January 1973
Lease Remaining: 948 Years
Ground Rent:
Management Charge: £1,500
Management Company: Hillcrest Estate Management

Agent Details

CJ Hole, Westbury On Trym

0117 463 1825

Next Steps?

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