3 Bed Terraced House, Refurb/BRRR, Bristol, BS9 4AP, £400,000

Cheriton Place, Westbury-on-Trym, Bristol, BS9 4AP - 8 months ago

Refurb/BRRR
~90 m²
+11 photos

ValuationUndervalued

Sold Prices£212.8K - £875K
Sold Prices/m²£2K/m² - £6.5K/m²

 

 

Square Metres

~90.49 m²
Price/m²£4.4K/m²

Value Estimate

£412,000
BMV3%

 

 

End Value (After Refurb)

£432,990

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£36,974

Bridging Loan Interest

£10,500

Total Cash In

£177,924

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£432,990

Mortgage (After Refinance)

£324,742

Mortgage LTV

75%

Cash Released

£24,742

Cash Left In

£153,182

Equity

£108,247

Rent Range

£600 - £2,400

Rent Estimate

£1,807

Running Costs/mo

£1,734

Cashflow/mo

£73

Cashflow/yr

£870

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £212.8K to £875K, average is £537.5K. £2K/m² to £6.5K/m², average is £5.5K/m².

PriceDateDistanceAddressBeds 
£575K02/230.01 mi26, Cheriton Place, Westbury On Trym, Bristol, City Of Bristol BS9 4AP3
£575K09/220.02 mi35, Cheriton Place, Westbury On Trym, Bristol, City Of Bristol BS9 4AW3
£507K02/210.03 mi23, Cheriton Place, Westbury On Trym, Bristol, City Of Bristol BS9 4AW3
£440K09/210.05 mi127, Eastfield Road, Westbury On Trym, Bristol, City Of Bristol BS9 4AR3
£525K01/210.05 mi133, Eastfield Road, Westbury On Trym, Bristol, City Of Bristol BS9 4AR3
£468.4K04/210.06 mi121, Eastfield Road, Westbury On Trym, Bristol, City Of Bristol BS9 4AN3
£750K01/230.06 mi111a, Eastfield Road, Westbury On Trym, Bristol, City Of Bristol BS9 4AN3
£595K12/220.1 mi16, Eastfield, Bristol, City Of Bristol BS9 4BQ3
£320K04/230.1 mi10, Home Ground, Bristol, City Of Bristol BS9 4UB3
£525K06/230.13 mi88, Eastfield Road, Westbury On Trym, Bristol, City Of Bristol BS9 4AL3
£425K04/210.13 mi6, Blandford Close, Bristol, City Of Bristol BS9 4BN3
£560K11/210.15 mi1, Lake Road, Bristol, City Of Bristol BS10 5HG3
£535K03/210.15 mi10, Lake Road, Bristol, City Of Bristol BS10 5HG3
£440K05/210.16 mi5, Broadleys Avenue, Bristol, City Of Bristol BS9 4LY3
£595K12/220.16 mi226, Henleaze Road, Bristol, City Of Bristol BS9 4NG3
£450K01/210.16 mi5, Hobhouse Close, Bristol, City Of Bristol BS9 4LZ3
£420K05/210.17 mi43, Dorset Road, Westbury On Trym, Bristol, City Of Bristol BS9 4BL3
£660K10/210.17 mi5, East Priory Close, Bristol, City Of Bristol BS9 4DF3
£635K01/230.17 mi38, Cote Lea Park, Bristol, City Of Bristol BS9 4AH3
£510K01/210.18 mi32, Cote Lea Park, Bristol, City Of Bristol BS9 4AH3
£540K12/200.19 mi196, Henleaze Road, Bristol, City Of Bristol BS9 4NG3
£480K11/200.19 mi26, Cote Lea Park, Bristol, City Of Bristol BS9 4AH3
£579.5K06/210.2 mi91, Hill View, Henleaze, Bristol, City Of Bristol BS9 4QQ3
£585K03/210.21 mi83, Hill View, Henleaze, Bristol, City Of Bristol BS9 4QQ3
£795K03/210.21 mi46, Priory Avenue, Bristol, City Of Bristol BS9 4BZ3
£647.5K03/210.21 mi26, Priory Avenue, Bristol, City Of Bristol BS9 4BZ3
£525K04/210.21 mi52, Grange Close North, Bristol, City Of Bristol BS9 4AZ3
£685.5K02/230.21 mi87, Hill View, Henleaze, Bristol, City Of Bristol BS9 4QQ3
£645K06/230.21 mi8, Priory Court Road, Bristol, City Of Bristol BS9 4DE3
£590K02/230.21 mi15, Priory Avenue, Bristol, City Of Bristol BS9 4BZ3
£535K06/210.23 mi12, Pinewood Close, Bristol, City Of Bristol BS9 4AJ3
£800K12/220.26 mi58, Hill View, Henleaze, Bristol, City Of Bristol BS9 4PX3
£646K11/200.27 mi22, Cransley Crescent, Bristol, City Of Bristol BS9 4PG3
£620K03/210.27 mi87, Park Grove, Westbury On Trym, Bristol, City Of Bristol BS9 4NY3
£212.8K12/220.27 mi27, South Croft, Bristol, City Of Bristol BS9 4PS3
£250K06/210.29 mi1, Waterdale Close, Bristol, City Of Bristol BS9 4QN3
£392.5K11/200.32 mi161, Southmead Road, Westbury On Trym, Bristol, City Of Bristol BS10 5DW3
£505K11/200.33 mi11, Charis Avenue, Bristol, City Of Bristol BS10 5JD3
£460K12/200.33 mi3, Charis Avenue, Bristol, City Of Bristol BS10 5JD3
£875K01/210.34 mi19, Brecon Road, Bristol, City Of Bristol BS9 4DS3
£470K12/220.34 mi23, Lakewood Road, Bristol, City Of Bristol BS10 5HJ3
£530K07/230.35 mi5, Bellevue Cottages, Westbury On Trym, Bristol, City Of Bristol BS9 3AQ3
£600K03/210.35 mi4, Bellevue Cottages, Westbury On Trym, Bristol, City Of Bristol BS9 3AQ3
£585K04/230.35 mi48, Lake Road, Bristol, City Of Bristol BS10 5JB3
£345K12/220.35 mi52, Lakewood Road, Bristol, City Of Bristol BS10 5HH3
£585K02/210.36 mi3, Wanscow Walk, Bristol, City Of Bristol BS9 4LE3
£595K06/210.37 mi34, Church Road, Westbury On Trym, Bristol, City Of Bristol BS9 3EQ3
£435K06/210.37 mi162, Southmead Road, Westbury On Trym, Bristol, City Of Bristol BS10 5DR3
£460K03/210.37 mi164, Southmead Road, Westbury On Trym, Bristol, City Of Bristol BS10 5DR3
£765K12/220.38 mi22, Southfield Road, Westbury On Trym, Bristol, City Of Bristol BS9 3BH3

Local Rents

18 rents from £600/mo to £2.4K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£2,40003/240.11 miHenleaze Road, Bristol, BS93
£2,29512/240.17 mi-3
£1,90003/240.18 miClover Ground, Bristol, BS93
£1,40004/240.21 miBPC00758 Glenwood Road, Henleaze, Bristol3
£2,00004/240.26 miSouthmead Road, Westbury On Trym, Bristol3
£1,50004/240.3 miSouthmead Road Westbury-On-Trym, Bristol3
£60002/250.34 mi-3
£1,90001/250.35 mi-3
£2,00012/240.39 miCranham Road, Bristol3
£1,50003/240.4 miLakewood Crescent, Bristol3
£1,95003/250.41 mi-3
£2,30003/240.45 miStoke Lane, Westbury-on-Trym, Bristol, BS93
£2,08503/240.49 miHenbury Road, Westbury On Trym3
£1,70003/240.49 miCavendish Road - Henleaze3
£1,60003/240.49 miWellesley Mews - Westbury-on-Trym3
£1,90003/240.5 miSates Way, Henleaze, Bristol, BS93
£1,70003/240.52 miWestfield Road, Westbury-on-Trym, Bristol, BS93
£1,80004/240.59 miDoncaster Road, Southmead, Bristol3

Local Area Statistics

Population in BS9

31,160

Population in Bristol

795,432

Town centre distance

1.65 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 £400,000

March 16, 2025

Listed for £450,000

August 12, 2024

Floor Plans

Description

  • Cheriton Place +
  • No onward chain +
  • Full renovation required +
  • Rear garden +
  • Three bedrooms +
  • Two receptions +
  • Very sought after Road +

A fantastic opportunity to purchase this three bedroom period home in a very sought after road, the house will need a full renovation.

Overview

A rare chance to renovate and style this spacious terraced house, located in the ever desirable Cheriton Place in Westbury on Trym this period home will require a full renovation, the current layout is as follows;- entrance hall, two reception rooms, a separate kitchen, a downstairs bathroom & three bedrooms upstairs.
There are front and rear gardens.

Outside

There is a small garden to the front, and a garden to the rear that will require landscaping.

Location

Cheriton Place has always been one of the area's most highly sought after roads. The school catchments are enviable, they include BFS and WOT primary, the local shops, bars and restaurants at Henleaze Road and Westbury on Trym village are both within a short drive or walk away.

We think...

This property would be the perfect project for a developer or a keen DIYer.

Material information (provided by owner)

Council Tax band - C. Freehold. EPC - F.

Agent Details

Ocean, Westbury on Trym

0117 463 0073

Next Steps?

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