2 Bed Flat, Single Let, Bristol, BS4 3AS, £325,000

Paintworks, Arnos Vale, BS4 3AS - 8 months ago

Sold STC
Leasehold
BTL
~63 m²
+20 photos

ValuationOvervalued

Sold Prices£170K - £368K
Sold Prices/m²£3K/m² - £6.8K/m²

 

 

Square Metres

~63.20 m²
Price/m²£5.1K/m²

Value Estimate

£220,150

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£950 - £2,383

Rent Estimate

£1,181

Running Costs/mo

£1,272

Cashflow/mo

£-91

Cashflow/yr

£-1,090

Gross Yield

4%

Local Sold Prices

36 sold prices from £170K to £368K, average is £233.8K. £3K/m² to £6.8K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£250K04/210.3 mi2, Churchill Road, Bristol, City Of Bristol BS4 3RW2
£275K02/210.4 miUpper Maisonette, 4, Upper Street, Bristol, City Of Bristol BS4 3BU2
£252K04/210.42 mi9, Runswick Road, Bristol, City Of Bristol BS4 3HY2
£260K03/210.42 miGround Floor Maisonette, 121, Somerset Road, Bristol, City Of Bristol BS4 2JA2
£277.5K01/210.42 mi14, Arnos Street, Bristol, City Of Bristol BS4 3BS2
£240K10/220.42 mi44, Arnos Street, Bristol, City Of Bristol BS4 3BS2
£247.5K11/200.45 miUpper Maisonette, 80, Somerset Road, Bristol, City Of Bristol BS4 2HY2
£247.5K11/200.45 miUpper Maisonette, 80, Somerset Road, Bristol, City Of Bristol BS4 2HY2
£225K11/220.46 miGround Floor Flat, 6, Park Street, Totterdown, Bristol, City Of Bristol BS4 3BL2
£185K01/210.47 mi58b, Savoy Road, Bristol, City Of Bristol BS4 3SY2
£225K04/230.49 miGround Floor Flat, 3, Sandwich Road, Bristol, City Of Bristol BS4 3RS2
£235.5K11/220.54 mi162c, Wells Road, Bristol, City Of Bristol BS4 2AG2
£172K10/200.56 mi140b, Wick Road, Bristol, City Of Bristol BS4 4HQ2
£280K09/230.59 mi2a, Crowndale Road, Bristol, City Of Bristol BS4 2DZ2
£202.5K07/210.6 mi34, New Walls, Totterdown, Bristol, City Of Bristol BS4 3TA2
£230K09/230.6 mi57, New Walls, Totterdown, Bristol, City Of Bristol BS4 3TA2
£298K04/210.62 miFirst Floor Flat, 40, Haverstock Road, Bristol, City Of Bristol BS4 2BZ2
£200K06/210.67 mi28, Oxford Street, Totterdown, Bristol, City Of Bristol BS3 4RQ2
£368K12/220.7 miGround And First Floor Maisonette, 5, Henry Street, Totterdown, Bristol, City Of Bristol BS3 4UD2
£220K03/210.7 mi76, Bayham Road, Bristol, City Of Bristol BS4 2DP2
£270K11/220.74 mi48a, Grove Park Road, Brislington, Bristol, City Of Bristol BS4 4JJ2
£260K10/220.74 mi48b, Grove Park Road, Brislington, Bristol, City Of Bristol BS4 4JJ2
£232K03/230.76 mi46a, Hollywood Road, Bristol, City Of Bristol BS4 4LD2
£259K03/210.79 mi50b, William Street, Totterdown, Bristol, City Of Bristol BS3 4TY2
£300K08/210.82 mi77a, Richmond Street, Bristol, City Of Bristol BS3 4TL2
£177.5K10/230.86 miFlat 5, Wellgarth Court, Wellgarth Road, Bristol, City Of Bristol BS4 2SE2
£225K01/210.86 miFlat 5, The Quadrant, Barleyfields, Bristol, City Of Bristol BS2 0NA2
£197K02/210.9 mi36, Latimer Close, Bristol, City Of Bristol BS4 4FG2
£195K02/230.9 mi20, Badgers Walk, Bristol, City Of Bristol BS4 4LG2
£268.5K02/230.91 mi247a, Redcatch Road, Bristol, City Of Bristol BS4 2HQ2
£270K11/230.91 miFlat 55, Crown & Anchor House, Sweetman Place, Bristol, City Of Bristol BS2 0HY2
£181.5K09/210.94 miFlat 5, Castle Court Mews, Ducie Road, Bristol, City Of Bristol BS5 0EZ2
£222.5K12/220.94 miFlat 13, Mill Court, Weavers Mill Close, Bristol, City Of Bristol BS5 8FF2
£200K11/200.99 mi59, Weavers Mill Close, Bristol, City Of Bristol BS5 8FH2
£170K04/210.99 miFlat 5, Fox House, Allison Road, Bristol, City Of Bristol BS4 4NT2
£202K02/230.99 miFlat 20, Fox House, Allison Road, Bristol, City Of Bristol BS4 4NT2

Local Rents

50 rents from £950/mo to £2.4K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,80004/240.01 miPaintworks, BS42
£1,60004/240.02 miPaintworks, Bath Road, BS42
£1,55003/240.02 miPaintworks, Arnos Vale, Bristol, BS42
£1,90003/240.03 miPaintworks, Arno's Vale , Bristol2
£1,65003/240.05 miPaintworks, Arnos Vale, Bristol2
£2,10003/240.06 miPaintworks, Arnos Vale2
£2,00004/240.06 miPaintworks, Arnos Vale2
£1,55003/240.16 miPaintworks, Arnos Vale , Bristol2
£2,38303/240.2 miPaintworks East2
£1,30005/240.21 miBloomfield Road, Brislington, Bristol2
£1,75003/240.23 miBath Road, Totterdown, Bristol, BS42
£1,29512/240.32 mi-2
£1,80003/240.34 miSavoy Place, Bristol, BS42
£1,80004/240.34 miSavoy Place, Bristol, BS42
£1,50003/240.37 miBalmain Street, Totterdown Bristol2
£1,50004/240.37 mi-2
£1,50003/240.37 miBalmain Street, Bristol, BS42
£1,70002/250.37 mi-2
£1,40002/250.39 mi-2
£1,40002/250.42 mi-2
£1,35002/240.44 mi-2
£1,40003/240.46 miSydenham Road, Knowle, Bristol2
£1,50001/250.46 mi-2
£1,50005/240.48 miClyde Road, Knowle, Bristol2
£1,25005/240.48 mi-2
£1,12501/250.48 mi-2
£1,50003/240.49 miClyde Road, Knowle, Bristol2
£1,40003/240.49 miUpper Sandhurst Road, Brislington, Bristol2
£1,20012/230.49 mi-2
£1,40005/240.49 miBrislington, Sandy Park Road, BS4 3PF2
£1,30004/240.49 miClyde Road, Totterdown, Bristol, BS42
£1,30005/240.49 mi-2
£1,40003/250.5 mi-2
£1,55003/240.51 miFrederick Street, Totterdown2
£1,50005/240.53 mi-2
£1,55003/250.53 mi-2
£1,50003/250.53 mi-2
£1,35003/240.54 miWells Road,Totterdown2
£1,27503/240.56 miSalisbury Street, Bristol2
£1,20003/240.56 miKnowle, Wells Road, BS4 2AL2
£1,20003/240.57 mi26 Maxse Road, Bristol2
£1,20003/250.57 mi-2
£1,45004/240.58 miWick Road, Brislington2
£1,35005/240.58 miWick Road, Brislington2
£95003/240.58 miMerrywood Court, BS42
£1,25004/240.59 miKnowle Road, Totterdown, Bristol2
£1,29503/240.59 miKnowle Road, Totterdown, Bristol2
£1,30003/240.6 mi18569582 New Walls, Totterdown, Bristol, BS42
£1,35003/240.6 miCounty Street, Totterdown, Bristol, BS42
£1,20004/240.6 miWinton Street, BRISTOL2

Local Area Statistics

Population in BS4

47,993

Population in Bristol

795,432

Town centre distance

2.16 miles away

Nearest school

0.40 miles away

Nearest train station

0.84 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-50%

Sales demand

Seller's market

Capital growth (5yrs)

+34%

Property History

Listed for £325,000

August 20, 2024

Floor Plans

Description

"Paintworks is a colourful and vibrant place to live, surrounded by creative businesses, it's also home to the Royal Photographic Society and Martin Parr photography. There is a real sense of community here, and fellow 'Paintworkers' are always on hand to help and for the occasional glass of wine! Considering we're so close to the station and centre of Bristol it's surprisingly quiet here, in the evening the main sound is the birds, there's a lot of wildlife around the river, it really doesn't feel like you're in the city. I've loved the scenic walk along the river to Temple Meads train station, and watching the trees change with the seasons, it really is a special place."

The Paintworks is a fantastic modern development situated just off Bath Road. There are 331 residential dwellings within the Paintworks, but this is far from a simple residential development. It’s a mix of creative tenants, businesses, exhibition and event spaces and popular café bars.

Within the Paintworks are popular venues such as Bocabar and Convoy Espresso, as well as various pop-up eateries during the week, perfect for those working from home. The Paintworks also thrives from its proximity to several other popular areas of Bristol. Just a short walk up the hill are the popular independent shops, eateries of Totterdown, such as A Cappella, Southside, Bank and the award-winning Farrows Fish and Chips.

The area is popular for the character of the houses, the feeling of community and the abundance of local green spaces. From the apartment, it is a short walk to Perrett's Park, Arnos Court Park and the larger Victoria Park. Arnos Vale Victorian Cemetery and woodland are also home to Arnos Vale Cafe and a programme of events including Pop-up cinema, theatre, tours and classes.

All parks nearby are very popular with local residents and combined with the tree lined streets and avenues in the area, give this location a particularly green feel. The area is ideal for commuters, being walking distance to Bristol City Centre, Temple Meads Train Station and the major areas of employment around Temple Quay. There is also a 2km cycle path to Temple Meads, making this a great option for people who regularly commute to London. Spark Evans Park is a two minute walk away accessed by a pedestrian bridge, including shops such as M&S.

This spacious apartment is situated in a quiet spot on the second floor of block K and is available to buy for the first time since it was newly built in 2018. It is immaculately presented and stylishly decorated, boasting an impressive view over the river and surrounding trees.
The property has a large entrance hall, perfect for storage, which then leads to a perfectly designed living room/kitchen. There is a large storage cupboard in the hallway, which contains the utilities for the apartment and plumbing for a washing machine. The two bedrooms, both of which are generous doubles, are also off the hallway. The primary bedroom benefits from built in wardrobes and an en-suite shower room. The main bathroom has a three-piece white suite including a shower over the bath.

Outside there is a large private balcony with a view over the river, park and trees. The flat also benefits from a parking space in a fob-accessed underground secure car park, which also houses the bike storage.

Service Charge £4500 per annum
Ground Rent £300 per annum

Agent Details

Boardwalk Property Co, Bristol

0117 463 0220

Next Steps?

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