2 Bed Flat, Single Let, Bristol, BS7 0XR, £250,000

St Lucia Crescent, Horfield, Bristol, BS7 0XR - 2 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£158.3K - £560K
Sold Prices/m²£2.2K/m² - £81.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£255,416
BMV2%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,200 - £3,000

Rent Estimate

£1,250

Running Costs/mo

£1,051

Cashflow/mo

£199

Cashflow/yr

£2,385

ROI

3%

Gross Yield

6%

Local Sold Prices

35 sold prices from £158.3K to £560K, average is £230K. £2.2K/m² to £81.5K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£290K06/210.03 mi6, Azov Close, Bristol, City Of Bristol BS7 0FL2
£239.9K02/210.06 mi8, Seacole Street, Bristol, City Of Bristol BS7 0FH2
£200K08/220.17 mi86, Bishopthorpe Road, Bristol, City Of Bristol BS10 5AE2
£266K02/230.21 mi21, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QA2
£217K02/210.21 mi26, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QA2
£245K06/230.21 mi35, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QA2
£205K06/210.24 mi114, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£266K05/230.24 mi114, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£230K01/210.24 mi66, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£280K11/220.24 mi66, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£210K02/210.24 mi112, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£170K10/210.25 mi6, Butterfield Close, Bristol, City Of Bristol BS10 5AY2
£287.5K06/210.25 mi10, Bayswater Road, Bristol, City Of Bristol BS7 0BN2
£213.5K03/210.28 miFirst And Second Floor Flat, 1, Doone Road, Bristol, City Of Bristol BS7 0JQ2
£195K06/210.31 mi15, Butterfield Road, Bristol, City Of Bristol BS10 5AX2
£158.3K05/210.34 miGround Floor Flat, 12, Toronto Road, Bristol, City Of Bristol BS7 0JP2
£560K03/210.37 mi3, Western Road, Bristol, City Of Bristol BS7 8UP2
£230K05/230.52 mi93, Montreal Avenue, Bristol, City Of Bristol BS7 0NJ2
£172.5K03/210.52 miFlat 11, Belmont Park, Braemar Crescent, Bristol, South Gloucestershire BS7 0TD2
£275K02/230.56 mi19, Wellesley Mews, Westbury On Trym, Bristol, City Of Bristol BS10 5DJ2
£202K03/210.58 miFlat B, 2, Bridge Walk, Horfield, Bristol, City Of Bristol BS7 0LE2
£280K09/210.58 mi47, Church Road, Horfield, Bristol, City Of Bristol BS7 8SD2
£186K02/210.63 mi447, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0LL2
£195K04/210.63 mi449, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0LL2
£202K11/200.67 mi44, Shakespeare Avenue, Bristol, City Of Bristol BS7 0NS2
£457.5K02/230.71 mi24, Tortworth Road, Bristol, City Of Bristol BS7 9PA2
£195K02/210.74 mi44, Emerson Square, Bristol, City Of Bristol BS7 0PP2
£322.5K02/210.76 miFirst Floor Flat, 190, Kellaway Avenue, Bristol, City Of Bristol BS6 7YL2
£240.3K06/210.78 mi28, Ashley Down Road, Bristol, City Of Bristol BS7 9JW2
£161K02/210.83 mi310, Greystoke Avenue, Bristol, City Of Bristol BS10 6BG2
£248K08/210.95 mi14, Clover Ground, Bristol, City Of Bristol BS9 4UF2
£275K01/210.96 miGarden Flat, 44, Ralph Road, Bristol, City Of Bristol BS7 9QP2
£172.5K02/210.97 mi18, Mardale Close, Bristol, City Of Bristol BS10 6EE2
£287.5K04/210.98 miGarden Flat, 42, Seymour Road, Bishopston, Bristol, City Of Bristol BS7 9HT2
£307K02/230.98 mi40a, Seymour Road, Bishopston, Bristol, City Of Bristol BS7 9HT2

Local Rents

50 rents from £1.2K/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,25003/240.02 miInkerman Close, Horfield, Bristol, BS72
£1,20003/240.03 miSevastopol Road, Horfield, Bristol2
£1,25004/240.03 miSevastopol Road, Horfield, Bristol2
£1,29503/240.03 miSevastopol Road, Horfield, Bristol2
£1,45003/240.03 miInkerman Close, Horfield2
£1,45003/240.03 miInkerman Close, Horfield2
£1,40003/240.06 miDorian Road - Horfield2
£1,50003/240.08 miInkerman Close, Horfield, Bristol2
£1,30003/240.11 miHorfield, Dorian Road, BS7 0XW2
£1,50003/250.13 mi-2
£1,35012/240.2 mi-2
£1,35003/240.23 miBartholomews Square, Horfield, Bristol, Avon, BS72
£1,32512/240.23 mi-2
£1,29512/240.23 mi-2
£1,29501/240.23 mi-2
£2,48505/240.24 mi-2
£2,29903/250.24 mi-2
£2,48503/240.24 miBayswater Road, Bristol, BS72
£1,45005/240.28 mi-2
£1,45003/240.28 miButterfield Close, Bristol, BS102
£1,30003/240.31 miBeverley Road, Horfield, Bristol, BS72
£1,50003/240.31 miBoston Road, Horfield, Bristol2
£1,25003/250.32 mi-2
£1,29503/240.33 mi-2
£1,29503/240.33 miToronto Road, Bristol, BS72
£1,30003/250.37 mi-2
£1,57503/240.41 miMuller Road, Horfield, Bristol, BS72
£1,50003/250.42 mi-2
£1,70004/240.43 miBishopthorpe Road, Bristol2
£1,40001/250.43 mi-2
£1,29512/240.45 mi-2
£1,45003/240.46 miFilton Avenue, Horfield, Bristol2
£1,65003/240.46 miSt Gregorys Road, Filton2
£1,30003/240.46 miReynolds Walk, Bristol2
£1,30003/240.48 miHay Field Lane - Horfield2
£1,29504/240.5 mi-2
£1,29503/240.5 miSouthmead Road, Westbury-On-Trym, Bristol, BS102
£3,00012/240.52 mi-2
£1,30004/240.53 mi-2
£1,30003/240.53 miBelmont Park, Bristol, BS72
£1,65002/240.53 mi-2
£1,25004/240.55 mi-2
£2,90004/240.55 mi-2
£1,40003/240.55 miPen Park Road, Bristol2
£1,30003/240.55 miKelston Close, Westbury On Trym, Bristol, BS102
£1,30004/240.55 miKelston Close, Westbury On Trym, Bristol, BS102
£1,50003/240.55 miSheridan Road, Bristol2
£1,50003/240.56 miNorthville Road, Northville, Bristol2
£1,40003/240.56 miNorthville Road, Northville, Bristol2
£1,30002/250.59 mi-2

Local Area Statistics

Population in BS7

40,530

Population in Bristol

795,432

Town centre distance

1.65 miles away

Nearest school

0.40 miles away

Nearest train station

1.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-19%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £250,000

August 23, 2024

Floor Plans

Description

  • St Lucia Crescent +
  • Two double bedrooms +
  • Open plan kitchen/living area +
  • Allocated parking space +
  • Close proximity to Gloucester Road and Southmead Hospital +
  • White Goods Included +
  • Leasehold +
  • 63 sq.m (taken from EPC) +
  • EPC - B +

A beautifully presented two bedroom apartment located on the popular St. Lucia Crescent.

Overview

The internal layout of this first floor flat is well-designed and thoughtfully arranged. The hallway is spacious and provides access to all the principle rooms of the property. The open plan kitchen/living room is the heart of the home, due to it being a sociable space that is flooded with natural light throughout the day. With the master bedroom being generous in size, it enables the room to appear minimalistic with further help from the built in wardrobes. The second bedroom is well proportioned. A large family bathroom completes the accommodation.

Outside

Externally the property benefits from an allocated parking space directly in front of the building, as well as secure bike storage.

Location

St Lucia Crescent is a popular residential road in Horfield. The property offers easy access to Gloucester road and it's many characterful bars, restaurants and amenities whilst remaining in close proximity to major employers such as Southmead hospital, Airbus and the MoD. For outdoor enthusiasts the property is within walking distance to both Horfield common and Muller Road Recreational Ground.

We think...

This apartment is perfect for a young professional or a couple looking for their first purchase.

Material information (provided by owner)

Leasehold, 999 year lease with 987 years remaining. Ground rent - £268 per annum, management fee £1287 per annum and Council Tax Band B.

Agent Details

Ocean, Filton

0117 463 0106

Next Steps?

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