3 Bed Terraced House, Refurb/BRRR, Bristol, BS13 9AX, £230,000

Withywood Road, Bristol, BS13 9AX - 7 months ago

Sold STC
Refurb/BRRR
ROI: 7%
~67 m²
+14 photos

ValuationOvervalued

Sold Prices£120K - £435K
Sold Prices/m²£1.8K/m² - £4.4K/m²

 

 

Square Metres

~67.40 m²
Price/m²£3.4K/m²

Value Estimate

£187,942

 

 

End Value (After Refurb)

£216,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£27,540

Bridging Loan Interest

£6,038

Total Cash In

£105,527

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£216,750

Mortgage (After Refinance)

£162,563

Mortgage LTV

75%

Cash Left In

£105,527

Equity

£54,188

Rent Range

£1,295 - £2,350

Rent Estimate

£1,597

Running Costs/mo

£1,017

Cashflow/mo

£580

Cashflow/yr

£6,963

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £120K to £435K, average is £259K. £1.8K/m² to £4.4K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£265K11/220.1 mi22, Gatehouse Avenue, Bristol, City Of Bristol BS13 9AA3
£120K11/200.1 mi10, Riverland Drive, Bristol, City Of Bristol BS13 8PL3
£223K06/210.1 mi32, Gay Elms Road, Bristol, City Of Bristol BS13 9BB3
£222K03/210.1 mi24, Gay Elms Road, Bristol, City Of Bristol BS13 9BB3
£238K10/200.11 mi20, Sheepscroft, Bristol, City Of Bristol BS13 9BA3
£240K07/230.14 mi75, Gay Elms Road, Bristol, City Of Bristol BS13 9BD3
£275K12/200.14 mi11, Margaret Road, Bristol, City Of Bristol BS13 9DQ3
£285K01/230.15 mi9, Leyland Walk, Withywood, Bristol, City Of Bristol BS13 8PY3
£212K05/210.16 mi10, Ashland Road, Bristol, City Of Bristol BS13 9BP3
£282.5K08/230.16 mi2, Ashland Road, Bristol, City Of Bristol BS13 9BP3
£221K03/210.16 mi16, Ashland Road, Bristol, City Of Bristol BS13 9BP3
£215K03/210.17 mi44, Paybridge Road, Bristol, City Of Bristol BS13 8PU3
£375K11/220.17 mi8, Margaret Road, Bristol, City Of Bristol BS13 9DQ3
£416.5K06/220.18 mi153, Queens Road, Bishopsworth, Bristol, City Of Bristol BS13 8QD3
£270K12/220.18 mi47, Paybridge Road, Bristol, City Of Bristol BS13 8PX3
£195K02/210.18 mi31, Paybridge Road, Bristol, City Of Bristol BS13 8PX3
£249.3K09/210.2 mi9, Hosey Walk, Bristol, City Of Bristol BS13 9AF3
£280K06/210.2 mi11, Hosey Walk, Bristol, City Of Bristol BS13 9AF3
£200K10/220.2 mi179, Four Acres, Bristol, City Of Bristol BS13 8QQ3
£245K02/210.2 mi4, Whiting Road, Bristol, City Of Bristol BS13 9EX3
£242.5K06/210.21 mi6, Newland Road, Bristol, City Of Bristol BS13 9ED3
£168K11/200.21 mi6, Newland Road, Bristol, City Of Bristol BS13 9ED3
£255K01/230.23 mi63, Molesworth Drive, Bristol, City Of Bristol BS13 9BJ3
£435K03/230.23 mi16, Queens Road, Bishopsworth, Bristol, City Of Bristol BS13 8LB3
£302.5K01/210.23 mi7, Elmtree Drive, Bristol, City Of Bristol BS13 8LY3
£350K12/220.24 mi3, Elmtree Drive, Bristol, City Of Bristol BS13 8LY3
£210K10/200.24 mi32, Molesworth Drive, Bristol, City Of Bristol BS13 9BN3
£230K08/230.25 mi44, Claypiece Road, Bristol, City Of Bristol BS13 9DP3
£315K08/210.26 mi8, Elmtree Drive, Bristol, City Of Bristol BS13 8LY3
£330K02/220.26 mi59, Highridge Road, Bishopsworth, Bristol, City Of Bristol BS13 8HJ3
£232K07/210.26 mi31, Huntingham Road, Bristol, City Of Bristol BS13 8NB3
£262K11/210.26 mi29, Huntingham Road, Bristol, City Of Bristol BS13 8NB3
£238K12/200.26 mi4, Arthurswood Road, Bristol, City Of Bristol BS13 9EZ3
£285.5K05/230.27 mi58, Elmtree Drive, Bristol, City Of Bristol BS13 8NA3
£335K11/220.28 mi224, Queens Road, Bishopsworth, Bristol, City Of Bristol BS13 8QF3
£290K05/210.29 mi66, Highridge Road, Bishopsworth, Bristol, City Of Bristol BS13 8HL3
£275K03/210.29 mi53, Grange Road, Bishopsworth, Bristol, City Of Bristol BS13 8LE3
£215K12/200.3 mi6, Rodmead Walk, Bristol, City Of Bristol BS13 9HU3
£280K02/230.3 mi6, Rodmead Walk, Bristol, City Of Bristol BS13 9HU3
£215K12/200.3 mi6, Rodmead Walk, Bristol, City Of Bristol BS13 9HU3
£260K03/230.3 mi3, Bearbridge Road, Bristol, City Of Bristol BS13 8SE3
£180K10/210.31 mi30, Pigott Avenue, Bristol, City Of Bristol BS13 9HP3
£270K09/230.31 mi26, Pigott Avenue, Bristol, City Of Bristol BS13 9HP3
£315K08/230.31 mi1, Heggard Close, Bristol, City Of Bristol BS13 7SE3
£291K10/200.31 mi34, Grange Road, Bishopsworth, Bristol, City Of Bristol BS13 8LD3
£167K09/210.32 mi209, Gatehouse Avenue, Bristol, City Of Bristol BS13 9AQ3
£298.5K11/220.36 mi26, Redford Crescent, Bristol, City Of Bristol BS13 8RZ3
£272K02/230.36 mi712, Bishport Avenue, Bristol, City Of Bristol BS13 9EJ3
£258K09/210.36 mi25, Eastridge Drive, Bristol, City Of Bristol BS13 8HQ3
£225.5K09/200.36 mi116, Church Road, Bishopsworth, Bristol, City Of Bristol BS13 8JY3

Local Rents

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

RentDateDistanceAddressBeds 
£1,50002/240.1 mi-3
£1,60005/240.14 miMargaret Road, Bishopsworth, Bristol, BS133
£1,45003/240.25 miHuntingham Road, Bristol, BS133
£1,45004/240.25 miHuntingham Road, Bristol, BS133
£1,50005/240.25 miFour Acres, Withywood, Bristol3
£1,29511/230.25 mi-3
£1,40005/240.31 miQueens Road, Bishopsworth, Bristol3
£1,50003/240.31 miHuntingham, BS133
£1,70003/240.32 miHighridge Crescent, BS133
£1,60003/240.33 miCulverwell Road, BS133
£1,40005/240.43 miFernsteed Road, Bishopsworth, Bristol, BS133
£1,55003/240.53 miBinmead Gardens, BS133
£1,55004/240.53 miBinmead Gardens, BS13N/A
£1,50004/240.58 miFulford Walk, Hartcliffe, Bristol, BS133
£2,35002/250.59 mi-3
£2,20005/240.6 miManor Road, Bishopsworth, Bristol3

Local Area Statistics

Population in BS13

29,574

Population in Bristol

795,432

Town centre distance

4.49 miles away

Nearest train station

1.77 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Price changed to £230,000

September 25, 2024

Listed for £240,000

August 13, 2024

Floor Plans

Description

  • Three Bedrooms +
  • Freehold +
  • Terraced +
  • Needs Modernizing +
  • Spacious Garden +
  • Two Reception Rooms +

CJ Hole Bishopsworth are pleased to welcome to the market this wonderful three bedroom terraced house in Bishopsworth with NO ONWARD CHAIN.

This terraced property presents a fantastic opportunity for buyers looking to add their own stamp to a home. Despite requiring modernisation, the property holds immense potential and is waiting for the right owner to unveil its full charm.

This property boasts three bedrooms, providing ample space for a growing family or professionals seeking room to work from home. The bathroom facilities are generous, offering both a bath and a walk-in shower.

The property offers two reception rooms, providing ample space for relaxation and entertainment. These rooms could be transformed into a cosy living area, a formal dining room, or even a home office. The kitchen is graced with wood countertops and abundant natural light, offering a warm and welcoming space to prepare meals.

One of the standout features of this property is the outdoor space. The garden and patio provide a peaceful oasis amidst the urban surroundings, perfect for those who appreciate green spaces.

This property could not be located in a better area with an abundance of many local amenities within a stone's throw away. Wjether it is being right on the doorstep of two schools or only an eight minute walk away from Withywood Park, this property caters for anyone. Located only two minutes away is the nearest bus stop with the stop for the A4 Airport bus being only a six minute walk away, not to mention the easy links to Bristol City Centre.

Agent Details

CJ Hole, Bishopsworth

0117 463 7946

Next Steps?

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