4 Bed Detached House, Refurb/BRRR, Bristol, BS30 6HZ, £575,000

4 Bath Road, Bitton, Bristol, BS30 6HZ - 8 views - 7 months ago

Sold STC
Refurb/BRRR
~129 m²
+13 photos

ValuationOvervalued

Sold Prices£325K - £860K
Sold Prices/m²£2.8K/m² - £4.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.4K/m²

Value Estimate

£468,891

 

 

End Value (After Refurb)

£479,915

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£143,750

Stamp Duty & Legal Fees

£36,700

Refurb Costs

£52,559

Bridging Loan Interest

£15,094

Total Cash In

£249,853

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£479,915

Mortgage (After Refinance)

£359,936

Mortgage LTV

75%

Cash Left In

£249,853

Equity

£119,979

Rent Range

£1,250 - £2,695

Rent Estimate

£1,769

Running Costs/mo

£1,874

Cashflow/mo

£-105

Cashflow/yr

£-1,254

Gross Yield

4%

Local Sold Prices

50 sold prices from £325K to £860K, average is £441.5K. £2.8K/m² to £4.9K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£325K06/210.12 mi6, Pines Road, Bitton, Bristol, South Gloucestershire BS30 6JN4
£398K10/220.17 mi8, Verwood Drive, Bitton, Bristol, South Gloucestershire BS30 6JP4
£600K06/210.18 mi89, Bath Road, Willsbridge, Bristol, South Gloucestershire BS30 6ED4
£340K02/210.2 mi12, Verwood Drive, Bitton, Bristol, South Gloucestershire BS30 6JP4
£415K03/210.28 mi20, Highfield Gardens, Bitton, Bristol, South Gloucestershire BS30 6RN4
£445K10/220.33 mi7, Oakleigh Gardens, Oldland Common, Bristol, South Gloucestershire BS30 6RJ4
£375K03/210.35 mi66, Ludlow Close, Willsbridge, Bristol, North Somerset BS30 6HA4
£377K02/210.35 mi86, Ludlow Close, Willsbridge, Bristol, South Gloucestershire BS30 6HA4
£860K03/210.36 mi61, Bath Road, Willsbridge, Bristol, South Gloucestershire BS30 6ES4
£500K12/220.36 mi50, Oakleigh Gardens, Oldland Common, Bristol, South Gloucestershire BS30 6RH4
£455K11/220.37 mi60, Oakleigh Gardens, Oldland Common, Bristol, South Gloucestershire BS30 6RH4
£400K09/210.37 mi26, Oakleigh Gardens, Oldland Common, Bristol, City Of Bristol BS30 6RH4
£400K06/210.37 mi60, Oakleigh Gardens, Oldland Common, Bristol, South Gloucestershire BS30 6RH4
£390K02/210.39 mi1, Warwick Close, Willsbridge, Bristol, South Gloucestershire BS30 6UW4
£450K04/210.39 mi40, Cherry Garden Lane, Bitton, Bristol, South Gloucestershire BS30 6JJ4
£355K03/210.41 mi33, Harlech Way, Willsbridge, Bristol, South Gloucestershire BS30 6US4
£512.5K01/210.54 mi4, Sunnyvale Drive, Longwell Green, Bristol, South Gloucestershire BS30 9YH4
£430K05/210.54 mi52, Sunnyvale Drive, Longwell Green, Bristol, South Gloucestershire BS30 9YQ4
£510K10/200.54 mi33, Sunnyvale Drive, Longwell Green, Bristol, South Gloucestershire BS30 9YQ4
£435K04/210.55 mi44a, School Road, Oldland Common, Bristol, South Gloucestershire BS30 6PJ4
£485K12/200.56 mi16, Oldbury Chase, Bristol, South Gloucestershire BS30 6DY4
£461.5K05/210.56 mi15, School Road, Oldland Common, Bristol, South Gloucestershire BS30 6PH4
£435K12/210.62 mi54, Grangeville Close, Longwell Green, Bristol, South Gloucestershire BS30 9YJ4
£447.5K05/210.62 mi30, Grangeville Close, Longwell Green, Bristol, South Gloucestershire BS30 9YJ4
£375K11/200.62 mi12, Grangeville Close, Longwell Green, Bristol, South Gloucestershire BS30 9YJ4
£542K03/210.62 mi42, Grangeville Close, Longwell Green, Bristol, South Gloucestershire BS30 9YJ4
£480K12/200.62 mi16, Grangeville Close, Longwell Green, Bristol, Avon BS30 9YJ4
£465K11/220.64 mi21, Grangeville Close, Longwell Green, Bristol, South Gloucestershire BS30 9YJ4
£645K06/210.71 mi9, Harrington Close, Bitton, Bristol, South Gloucestershire BS30 6AT4
£600K01/210.71 mi4, Harrington Close, Bitton, Bristol, Avon BS30 6AT4
£415K09/210.71 mi58, Court Road, Oldland Common, Bristol, South Gloucestershire BS30 9SP4
£535K02/230.71 mi32, Court Road, Oldland Common, Bristol, South Gloucestershire BS30 9SP4
£470K11/220.71 mi3, The Croft, Oldland Common, Bristol, South Gloucestershire BS30 9SL4
£627K10/220.71 mi3, Harrington Close, Bitton, Bristol, South Gloucestershire BS30 6AT4
£421.5K09/210.72 mi14, Springville Close, Longwell Green, Bristol, South Gloucestershire BS30 9UG4
£485K03/210.72 mi12, Springville Close, Longwell Green, Bristol, South Gloucestershire BS30 9UG4
£425K12/200.77 mi10, Church Road, Bitton, Bristol, South Gloucestershire BS30 6HH4
£715K05/230.78 mi25, Court Farm Road, Longwell Green, Bristol, South Gloucestershire BS30 9AA4
£380K09/210.78 mi66, Westcourt Drive, Oldland Common, Bristol, South Gloucestershire BS30 9SJ4
£460K03/210.81 mi65, All Saints Close, Longwell Green, Bristol, South Gloucestershire BS30 9XQ4
£420K02/210.82 mi116, California Road, Bristol, South Gloucestershire BS30 9XH4
£550K03/210.84 mi3, Church Lane, Bitton, Bristol, South Gloucestershire BS30 6LH4
£365K01/210.88 mi27, Wincroft, Oldland Common, Bristol, South Gloucestershire BS30 9SQ4
£438K02/230.88 mi2, Rutherford Close, Longwell Green, Bristol, South Gloucestershire BS30 9XY4
£340K12/200.89 mi17, Trescothick Drive, Oldland Common, Bristol, South Gloucestershire BS30 9TB4
£499.9K10/200.9 mi19, West Street, Oldland Common, Bristol, South Gloucestershire BS30 9QT4
£670K05/210.9 mi73, West Street, Oldland Common, Bristol, South Gloucestershire BS30 9QT4
£407K08/210.91 mi3, Beaumont Close, Longwell Green, Bristol, South Gloucestershire BS30 9XN4
£335K09/210.92 mi28, Ferndale Avenue, Longwell Green, Bristol, South Gloucestershire BS30 9XT4
£335K11/220.93 mi20, Far Handstones, Bristol, South Gloucestershire BS30 8AU4

Local Rents

16 rents from £1.3K/mo to £2.7K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,25004/240.27 mi14 St Fagans Court, Willsbridge, Bristol3
£1,75012/240.28 miKeynsham Road, Willsbridge, Bristol3
£1,55008/240.67 mi-3
£1,65009/240.75 mi-3
£2,17503/240.77 mi-3
£1,99007/240.8 mi-4
£1,99008/230.8 mi-4
£2,69504/230.81 mi-3
£1,80012/240.95 miNorth Street, Oldland Common, Bristol, Gloucestershire, BS303
£1,90012/241.02 miBath Road, Longwell Green, BRISTOL, BS304
£1,40003/241.02 miParkwall Road, Bristol, BS303
£1,45003/241.04 miHigh Street, Bristol3
£1,50012/241.06 miEarlstone Crescent, Bristol3
£1,40003/241.17 mi-3
£2,50003/241.2 miAvon Valley Farm Pixash Lane BS313
£1,30012/241.22 miMalvern Drive- Warmley3

Local Area Statistics

Population in BS30

30,091

Population in Bristol

795,432

Town centre distance

5.69 miles away

Nearest school

0.30 miles away

Nearest train station

1.21 miles away

 

 

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+14%

Property History

Price changed to £575,000

December 24, 2024

Listed for £600,000

August 22, 2024

Floor Plans

Description

  • Largely unspoilt with original features retained +
  • Available after 60 years in the same family ownership with huge potential for renovation & improvement +
  • Entrance hallway +
  • 3 Large reception rooms +
  • Kitchen & separate laundry room +
  • 4 Bedrooms (3 large doubles) +
  • Bathroom +
  • Attic rooms with scope to convert to a main bedroom suite (subject to necessary consents) +
  • Ample driveway parking & garage space +
  • Good size gardens with a derelict brick built pigsty +

The property is set in the popular village of Bitton just opposite the entrance to Avon Valley Railway and the Bristol-Bath cycle path. The house is a fine example of Victorian architecture, built in 1858 with a symmetrical double bay fronted façade. Largely unspoilt and in the same family ownership for some 60 years the house has many fine examples of the architectural period including lofty ceiling heights, deep skirting boards, corniced ceilings, panelled internal doors, sash bay windows and some period and later 1950s fireplaces. The property is now ready for the next owner to carryout a sympathetic programme of modernisation to suit their own requirements.

Internally the accommodation is arranged over two main floors with attic rooms on the second floor. The ground floor is approached through a central hallway with three large reception rooms, two of which have been merged many years ago to provide a large room running the full depth of the house. In addition there is a kitchen and separate laundry room. The first floor has four bedrooms, three of which are large doubles together with a bathroom. A staircase leads to the attic where there are two attic rooms with enormous scope for conversion to provide formal living accommodation ideal for creating a main bedroom suite or perhaps an integral annexe flat.

On the outside there is ample parking to the front and space for garaging to the side while the good size rear garden is in need of some cultivation and in a semi natural state. Towards the end of the garden is a derelict brick built pigsty giving further potential for further development, subject to consents.

Bitton is a popular location between the cities of Bristol and Bath. The property is set on the A431 close to Willsbridge in the Bitton Parish with immediate access to the Bristol-Bath cycle path and Avon Valley Railway and in walking distance of a local convenience store and petrol station and a garden centre with a popular cafe.

Gallagher Retail Park and the Bristol Ring Road is approximately 2 miles away and offers good access to the motorway network while the park is home to many national retailers including Marks and Spencer, Asda, B&Q, Boots, Superdrug etc. The Town of Keynsham which is also 2 miles offers a good range of day to day amenities including a railway station and Waitrose Food Store. The City of Bristol which offers amenities on a regional scale is approximately 6 miles while the Georgian City of Bath is 6.8 miles and is a UNESCO World Heritage Site with a renowned range of facilities and beautiful architecture.

In fuller detail the accommodation comprises (all measurements are approximate):

Ground Floor -

Entrance Vestibule - Panelled entrance door with half moon fan light, tiled floor, glazed inner door with coloured leaded fan light leading to

Entrance Hall - Corniced ceiling and corbeled arch, staircase rising to first floor, door leading to the rear garden.

Drawing Room - 4.63m into bay x 3.94m (15'2" into bay x 12'11") - Sash bay window to front aspect, tiled fireplace, corniced ceiling.

Dining Room - 4.73m into bay x 3.90m (15'6" into bay x 12'9") - Sash bay window to front aspect, corniced ceiling, two radiators. Open to

Living Room - 4.0m x 3.92m (13'1" x 12'10") - With separate door to hallway, coved ceiling, sash window overlooking the rear garden, tiled fireplace with open grate, two radiators.

Kitchen - 3.14m x 2.54m (10'3" x 8'3") - Sash window to rear aspect, fitted wall and floor units, double drainer stainless steel sink unit with tiled splashback, wall mounted Worcester gas fired boiler. Radiator.

Laundry Room - 3.15m x 1.36m (10'4" x 4'5") - Sash window to side aspect, plumbing for washing machine, tiled floor.

First Floor -

Landing - Sash window at half landing level and staircase to attic.

Bedroom - 5.12m x 4.06m (16'9" x 13'3") - Two sash windows to front aspect, pretty tiled fireplace. Radiator.

Bedroom - 4.05m x 3.92m (13'3" x 12'10") - Sash window to front aspect, Victorian fireplace, radiator.

Bedroom - 4.05m x 3.95m (13'3" x 12'11") - Sash window overlooking the rear garden. Radiator.

Bedroom - 3.20m x 2.31m (10'5" x 7'6") - Sash window to rear aspect, radiator. Airing cupboard with hot water cylinder (included in measurements).

Bathroom - 2.25m x 1.66m (7'4" x 5'5" ) - Sash window to side aspect. White suite comprising bath with mixer tap and shower attachment and tiled surrounds, wc and pedestal wash hand basin with tiled splashback, radiator.

Second Floor -

Attic Rooms - Two adjoining rooms and a further loft area ripe for conversion to living accommodation. Presently comprising

Room One - 4.86m x 2.63m (15'11" x 8'7") - With sash window to side aspect.

Room Two - approximately 6m x 4m (approximately 19'8" x 13'1" - Two double glazed window to the rear facing roof slope.

Outside -

Front - There is a walled boundary to Bath Road with a driveway to the front and side of the property providing off street parking, while to the side there is plenty of room to construct garaging subject to necessary consents.

Rear Garden - A good size garden, presently in a semi natural state with a central concrete pathway and a variety of shrubs, bushes and trees. There is a gated side access leading to the front of the property while towards the end of the plot lies

A Derelict Brick Built Pigsty - overall external measurements 5m x 2.50m (overall -

The rear plot backs on to embankment owned by Avon Valley Railway.

Tenure - Freehold

Council Tax - According to the Valuation Office Agency website, cti.voa.gov.uk the present Council Tax Band for the property is F. Please note that change of ownership is a ‘relevant transaction’ that can lead to the review of the existing council tax banding assessment.

Agents Notes - All main services.

Ultrafast 1000Mbps broadband available. Source - Ofcom.

Mobile voice and data coverage likely available internally and externally via Three, O2 & Vodafone and externally via EE. Source - Ofcom.

Agent Details

Davies & Way, Saltford

01225 434943

Next Steps?

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