3 Bed Terraced House, Refurb/BRRR, Bristol, BS5 9BN, £250,000

Ida Road, Bristol, BS5 9BN - 2 views - 7 months ago

Sold STC
Cash
Refurb/BRRR
ROI: 3%
~93 m²
+10 photos

ValuationUndervalued

Sold Prices£215K - £450K
Sold Prices/m²£2.2K/m² - £5.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£257,500
BMV3%

 

 

End Value (After Refurb)

£344,919

Uplift in Value

+38%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£37,702

Bridging Loan Interest

£6,563

Total Cash In

£117,214

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£344,919

Agent Fees (1%)

£3,449

Bridging Loan

£187,500

Bridging Loan Interest

£6,563

Flip Profit

£36,756

Local Sold Prices

50 sold prices from £215K to £450K, average is £341K. £2.2K/m² to £5.5K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£385K08/230.07 mi33, Bourneville Road, Bristol, City Of Bristol BS5 9AL3
£387.7K02/210.1 mi25, Devon Grove, Bristol, City Of Bristol BS5 9AH3
£427.5K04/230.11 mi33, Johnsons Road, Bristol, City Of Bristol BS5 9AT3
£267.5K03/210.11 mi51, Victoria Parade, Bristol, City Of Bristol BS5 9EA3
£383.4K05/210.12 mi12, Woodcroft Avenue, Bristol, City Of Bristol BS5 9AS3
£305K02/210.13 mi6, Oakleigh Avenue, Bristol, City Of Bristol BS5 9AR3
£368K06/230.13 mi18, Oakleigh Avenue, Bristol, City Of Bristol BS5 9AR3
£310.2K11/200.15 mi23, Neath Road, Bristol, City Of Bristol BS5 9AP3
£325K04/230.15 mi22, Albert Parade, Bristol, City Of Bristol BS5 9EH3
£342K12/200.15 mi75, Gilbert Road, Redfield, Bristol, City Of Bristol BS5 9DS3
£215K07/210.16 mi23, Colston Road, Bristol, City Of Bristol BS5 6AA3
£230K01/210.18 mi51, Gerrish Avenue, Whitehall, Bristol, Avon BS5 9DG3
£320K06/230.19 mi101, Bloy Street, Bristol, City Of Bristol BS5 6AZ3
£381K01/210.2 mi13, Hammersmith Road, Bristol, City Of Bristol BS5 7AB3
£380.1K02/230.2 mi15, Lyppiatt Road, Bristol, City Of Bristol BS5 9HW3
£330K06/210.21 mi18, Alpine Road, Bristol, City Of Bristol BS5 6BD3
£270K07/230.21 mi1, Carlton Park, Bristol, City Of Bristol BS5 9DA3
£325K03/210.21 mi45, Cooksley Road, Bristol, City Of Bristol BS5 9DN3
£322.5K10/210.21 mi5, Carlton Park, Bristol, City Of Bristol BS5 9DA3
£365K07/230.22 mi6, Roseberry Park, Bristol, City Of Bristol BS5 9EU3
£360K11/210.22 mi35, Sloan Street, Bristol, City Of Bristol BS5 7AD3
£379K12/200.23 mi32, Sloan Street, Bristol, City Of Bristol BS5 7AE3
£450K04/210.26 mi80, Carlyle Road, Bristol, City Of Bristol BS5 6HH3
£406K11/200.26 mi6, Seaton Road, Bristol, City Of Bristol BS5 6BH3
£365K02/210.27 mi5, Stretford Road, Bristol, Avon BS5 7AW3
£325K09/210.27 mi29, York Road, Easton, Bristol, City Of Bristol BS5 6BL3
£333K11/210.28 mi5, Colston Road, Bristol, City Of Bristol BS5 6AA3
£396K10/210.29 mi34, Tudor Road, Easton, Bristol, City Of Bristol BS5 6BW3
£370K07/230.29 mi35, Chelsea Road, Bristol, City Of Bristol BS5 6AR3
£312.5K11/200.31 mi96, Gordon Road, Whitehall, Bristol, City Of Bristol BS5 7DP3
£392.1K02/230.31 mi5, Leonard Road, Bristol, City Of Bristol BS5 9NS3
£313.5K01/230.31 mi104, Gordon Road, Whitehall, Bristol, City Of Bristol BS5 7DP3
£338K11/210.32 mi26, Verrier Road, Bristol, City Of Bristol BS5 9LQ3
£440K07/230.32 mi50, Lena Street, Bristol, City Of Bristol BS5 6DD3
£295K11/200.32 mi9, Congleton Road, Bristol, City Of Bristol BS5 7AP3
£235K01/230.33 mi7, Luxton Street, Bristol, City Of Bristol BS5 0HT3
£295K03/210.33 mi3, School Walk, Whitehall, Bristol, Avon BS5 7BY3
£375K05/210.33 mi97, Chelsea Road, Bristol, City Of Bristol BS5 6AS3
£415K05/230.36 mi28, Camelford Road, Bristol, City Of Bristol BS5 6HW3
£420K02/230.37 mi24, Turley Road, Bristol, City Of Bristol BS5 6HP3
£355K02/230.38 mi34, Roseberry Road, Bristol, City Of Bristol BS5 9QB3
£327.5K04/230.38 mi42, Roseberry Road, Bristol, City Of Bristol BS5 9QB3
£282K12/200.38 mi37, Thurstons Barton, Bristol, City Of Bristol BS5 7BQ3
£446K06/230.39 mi20, Cossham Road, Bristol, City Of Bristol BS5 8DL3
£302.5K12/200.39 mi38, Thurstons Barton, Bristol, City Of Bristol BS5 7BQ3
£295K10/200.39 mi72, Thurstons Barton, Bristol, City Of Bristol BS5 7BQ3
£285K11/200.39 mi63, Thurstons Barton, Bristol, City Of Bristol BS5 7BQ3
£350K03/230.39 mi12, Thurstons Barton, Bristol, City Of Bristol BS5 7BQ3
£350K11/210.4 mi27, High Street, Easton, Bristol, City Of Bristol BS5 6DW3
£340K03/230.4 mi48, Greenbank Avenue West, Bristol, City Of Bristol BS5 6ET3

Local Rents

50 rents from £1.3K/mo to £3.3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£2,00003/240 miIda Road, Bristol, BS53
£1,55004/240.07 miWhitehall Road, Bristol3
£1,80005/240.09 miStepney Road, Whitehall, Bristol3
£1,45004/240.11 miWhitehall Road, Whitehall, Bristol3
£1,90003/240.11 mi-3
£1,85003/240.11 mi-3
£1,90003/240.11 mi-3
£1,90003/240.11 miVictoria Parade, Bristol, BS53
£1,90003/240.11 miVictoria Parade, Bristol, BS53
£1,85003/240.11 miVictoria Parade, Bristol, BS53
£1,65003/240.12 miJohnsons Lane, Bristol3
£1,60012/240.13 mi-3
£1,85004/240.17 mi-3
£2,00003/240.17 miRedfield, Bristol, BS53
£1,85003/240.17 miRedfield, Bristol, BS53
£1,95003/240.17 miWhitehall Road, Whitehall, Bristol, BS53
£1,50003/250.18 mi-3
£1,85005/240.19 miWhitehall Road, Whitehall Road, Bristol, BS53
£1,34904/240.19 miChalks Road, Bristol3
£1,30003/240.21 miMary Street, Bristol3
£1,30003/240.21 miMary Street, Bristol3
£1,59503/240.21 miAlpine Road, Easton, Bristol3
£1,85003/240.23 miBruce Avenue, Bristol, BS53
£1,85003/240.23 mi-3
£1,39505/240.26 miGeorge & Dragon Lane, Redfield, Bristol3
£1,40004/240.28 miWhitehall Road,Whitehall,Bristol,BS53
£2,30002/240.29 mi-3
£1,69505/240.29 miStretford Avenue, St George, Bristol3
£1,85012/240.31 mi-3
£1,65004/240.33 miCo-Operation Road, Greenbank, Bristol, BS53
£1,75003/240.33 miCo-Operation Road, Greenbank, Bristol, BS53
£1,55003/240.35 miAltringham Road, St George, Bristol3
£1,70003/240.35 miBPC01030 Washington Avenue, Easton, Bristol3
£2,40002/250.36 mi-3
£1,50004/240.36 miGreenbank Avenue East, Greenbank, Bristol, BS53
£1,50004/240.36 miGreenbank Avenue East, Greenbank, Bristol, BS53
£1,95003/240.37 miBrixton Road, Bristol, BS53
£1,79504/240.37 miBrixton Road, Bristol, BS53
£1,79505/240.37 mi-3
£1,75003/240.38 miHigh Street, Easton, Bristol, BS53
£1,65002/250.39 mi-3
£1,50005/240.39 miWesley Close, Whitehall, Bristol3
£3,30002/250.39 mi-3
£1,55001/250.41 mi-3
£3,30002/250.42 mi-3
£1,40003/240.43 mi12 Chester Park, Bristol3
£1,40003/240.43 mi12 Chester Park, St George, Bristol3
£1,40004/240.43 mi12 Chester Park, St George, Bristol3
£1,60005/240.43 miStuart Street, Redfield, Bristol, BS53
£1,70003/240.44 miBarton Hill, Hayward Road, BS5 9QA3

Local Area Statistics

Population in BS5

52,459

Population in Bristol

795,432

Town centre distance

1.56 miles away

Nearest school

0.20 miles away

Nearest train station

0.46 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £250,000

August 22, 2024

Floor Plans

Description

  • Cash Buyers Only +
  • In Need Of Modernising And Updating +
  • No Chain +
  • Three Bedroom Mid Terrace +
  • Popular Whitehall Location +
  • Walking Distance to St Georges Park And Church Road +
  • Bristol To Bath Cycle Path Close By +

CASH BUYERS ONLY! In need of updating and modernising along with some structural work comes this three bedroom middle terrace property set in the ever popular Whitehall location.

On the Whitehall/ Easton borders with local high streets within just short distance Church Road/ St Marks Road both famed and well known for a collective locally owned amenities, cafes, restaurants, and pubs showcasing the very best the area has to offer. With transport links in and out the city centre of the doorstep, the Bristol to Bath cycle path is also close to hand. Local green space St Georges Park also offers a great family day out with popular Whitehall Primary School within a short distance too.

The property comprises of entrance, into hallway with stairs leading to the first floor. Continuing on the ground floor is the bay fronted lounge, separate dining room, galley style kitchen with door leading to the rear garden and three piece bathroom suite. To the first floor are the three bedrooms all well proportion in size.

With gas central heating via combi boiler and rewired electrics this property both within the last few years. Otherwise is need of a complete refurb with some structural work so is ideal for an experienced investor.

Agent Details

CJ Hole, Redfield

0117 955 1817

Next Steps?

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