2 Bed Flat, Single Let, Bristol, BS48 1AH, £225,000

5 The Courtyard, 122 High Street, Nailsea, North Somerset, BS48 1AH - 1 views - 8 months ago

BTL

ROI: 1%

~58 m²

+5 photos

ValuationOvervalued

Sold Prices	£164.9K - £375K
Sold Prices/m²	£2.7K/m² - £7.7K/m²

Square Metres	~58 m²
Price/m²	£3.9K/m²
Value Estimate	£187,500£187,500

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£56,250£56,250
Stamp Duty & Legal Fees	£12,450£12,450
Total Cash In	£68,700£68,700

Cash Out
Rent Range	£895 - £1,500£895 - £1,500
Rent Estimate	£956
Running Costs/mo	£914£914
Cashflow/mo	£42£42
Cashflow/yr	£500£500
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

6 sold prices from £164.9K to £375K, average is £183.8K. £2.7K/m² to £7.7K/m², average is £3.2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£219.9K	06/22	0.09 mi	14, Somerset Square, Nailsea, Bristol, North Somerset BS48 1RP	£7,739	28	2	Flat
£187.5K	03/21	0.23 mi	17, French Close, Nailsea, Bristol, North Somerset BS48 1HY	£3,233	58	2	Flat
£164.9K	09/22	0.92 mi	21, Kingshill Gardens, Nailsea, Bristol, North Somerset BS48 2SS	£2,749	60	2	Flat
£174.9K	05/23	0.92 mi	12, Kingshill Gardens, Nailsea, Bristol, North Somerset BS48 2SS	-	-	2	Flat
£180K	11/20	0.92 mi	22, Kingshill Gardens, Nailsea, Bristol, North Somerset BS48 2SS	£3,000	60	2	Flat
£375K	06/21	1.66 mi	20, St Johns Road, Backwell, Bristol, North Somerset BS48 3JN	£4,688	80	2	Flat

Local Rents

10 rents from £895/mo to £1.5K/mo, average is £1.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,250	12/24	0.3 mi	Clevedon Road, Nailsea, North Somerset, BS48	2	Bungalow
£895	02/23	0.4 mi	-	2	Flat
£950	02/24	0.4 mi	-	2	Flat
£1,295	12/24	0.44 mi	Nailsea, North Somerset	2	Semi-Detached House
£995	03/24	0.48 mi	Coates House, 4 High Street, Nailsea, BS48	2	Flat
£1,100	12/24	0.74 mi	Goss Lane, BS48	2	Flat
£1,100	12/24	0.74 mi	Nailsea, North Somerset	2	Terraced House
£1,400	03/24	0.89 mi	-	2	Detached House
£1,500	03/24	0.89 mi	Causeway View, Nailsea, Bristol, BS48	2	Detached House
£1,400	03/24	0.89 mi	Causeway View, Nailsea, Bristol, BS48	2	Detached House

Local Area Statistics

Population in BS48	23,19123,191
Population in Bristol	795,432795,432
Town centre distance	7.61 miles away7.61 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	1.02 miles away1.02 miles away

Rental growth (12m)	-3%-3%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+17%+17%

Property History

Price changed to £225,000

March 20, 2025

Listed for £230,000

August 20, 2024

Floor Plans

Description

Situated within the heart of Nailsea +
Contemporary high gloss kitchens with integrated appliances +
Shower room with good quality fitments +
Two double bedrooms +
Balcony +

Situated in the heart of Nailsea Town this two double bedroom apartment is beautifully presented throughout. In brief the property benefits from a light, well proportioned open plan living area with a contemporary high gloss kitchen which has the benefit of integrated appliances. The kitchen area and prinicpal bedroom also have doors out onto a pleasant balcony. Viewing is highly recommended EPC - E

Agent Details

West Coast Properties, Nailsea

01275 402880

Next Steps?

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

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