3 Bed Terraced House, Refurb/BRRR, Bristol, BS37 4HW, £259,000

Highworth Crescent, Yate, Bristol, BS37 4HW - 3 views - 7 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+8 photos

ValuationFair Value

Sold Prices£195.5K - £350K
Sold Prices/m²£2.3K/m² - £4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£259,000

 

 

End Value (After Refurb)

£258,149

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£64,750

Stamp Duty & Legal Fees

£9,420

Refurb Costs

£37,841

Bridging Loan Interest

£6,799

Total Cash In

£120,560

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£258,149

Mortgage (After Refinance)

£193,612

Mortgage LTV

75%

Cash Left In

£120,560

Equity

£64,537

Rent Range

£1,300 - £1,800

Rent Estimate

£1,441

Running Costs/mo

£1,115

Cashflow/mo

£326

Cashflow/yr

£3,913

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £195.5K to £350K, average is £241K. £2.3K/m² to £4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£311K05/230.08 mi31a, Brookthorpe, Yate, Bristol, South Gloucestershire BS37 4HX3
£258K11/210.11 mi76, St Briavels Drive, Yate, Bristol, South Gloucestershire BS37 4HT3
£245K08/210.13 mi10, Brookthorpe, Yate, Bristol, South Gloucestershire BS37 4HU3
£220K06/230.15 mi69, Woodmancote, Yate, Bristol, South Gloucestershire BS37 4LJ3
£350K01/230.15 mi8, Blue Cedar Close, Yate, Bristol, South Gloucestershire BS37 4GE3
£262K05/230.15 mi20, Birkdale, Yate, Bristol, South Gloucestershire BS37 4EX3
£233K03/210.15 mi20, Birkdale, Yate, Bristol, South Gloucestershire BS37 4EX3
£295K06/230.15 mi6, Birkdale, Yate, Bristol, South Gloucestershire BS37 4EX3
£285K11/220.18 mi16, St Briavels Drive, Yate, Bristol, South Gloucestershire BS37 4EZ3
£290K05/230.18 mi6, St Briavels Drive, Yate, Bristol, South Gloucestershire BS37 4EZ3
£225K05/210.23 mi37, Longford, Yate, Bristol, South Gloucestershire BS37 4JN3
£250K04/210.24 mi277, Sundridge Park, Yate, Bristol, South Gloucestershire BS37 4HA3
£200K12/200.24 mi67, Hatherley, Yate, Bristol, South Gloucestershire BS37 4LU3
£233K10/210.25 mi2, Glenfall, Yate, Bristol, South Gloucestershire BS37 4LX3
£226K11/210.26 mi19, Hatherley, Yate, Bristol, South Gloucestershire BS37 4LT3
£245K11/210.27 mi187, Glenfall, Yate, Bristol, South Gloucestershire BS37 4ND3
£235K08/210.27 mi160, Glenfall, Yate, Bristol, South Gloucestershire BS37 4ND3
£230K01/210.27 mi171, Glenfall, Yate, Bristol, South Gloucestershire BS37 4ND3
£245K03/230.27 mi171, Glenfall, Yate, Bristol, South Gloucestershire BS37 4ND3
£268K06/230.28 mi23, Sandy Lodge, Yate, Bristol, South Gloucestershire BS37 4HE3
£248K11/210.31 mi59, Longford, Yate, Bristol, South Gloucestershire BS37 4JW3
£275K06/230.31 mi95, Longford, Yate, Bristol, South Gloucestershire BS37 4JW3
£210K03/210.31 mi74, Longford, Yate, Bristol, South Gloucestershire BS37 4JW3
£236K04/210.31 mi93, Longford, Yate, Bristol, South Gloucestershire BS37 4JW3
£280K05/230.31 mi67, Deerhurst, Yate, Bristol, South Gloucestershire BS37 4JP3
£195.5K11/200.31 mi65, Deerhurst, Yate, Bristol, South Gloucestershire BS37 4JP3
£242K01/210.31 mi53, Deerhurst, Yate, Bristol, South Gloucestershire BS37 4JP3
£218K05/210.32 mi31, Chatcombe, Yate, Bristol, South Gloucestershire BS37 4JD3
£305K01/230.34 mi31, Crantock Road, Yate, Bristol, South Gloucestershire BS37 4DA3
£232.8K05/230.34 mi24, Hardwicke, Yate, Bristol, South Gloucestershire BS37 4LE3
£238K01/210.35 mi199, Bredon, Yate, Bristol, South Gloucestershire BS37 8TQ3
£315.6K07/230.35 mi30, Nailsworth Avenue, Yate, Bristol, South Gloucestershire BS37 4EH3
£240K03/210.36 mi67, Lyndale Road, Yate, Bristol, South Gloucestershire BS37 4DD3
£265K04/210.36 mi8, Lyndale Road, Yate, Bristol, South Gloucestershire BS37 4DD3
£300K01/230.36 mi53, Westerleigh Road, Yate, Bristol, South Gloucestershire BS37 4BQ3
£266K10/200.36 mi91, Dovecote, Yate, Bristol, South Gloucestershire BS37 4PB3
£218K05/210.37 mi9, Cleeve Road, Yate, Bristol, South Gloucestershire BS37 4EQ3
£230K03/210.37 mi15, Cleeve Road, Yate, Bristol, South Gloucestershire BS37 4EQ3
£265K11/210.38 mi219, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TS3
£249.9K09/210.38 mi199, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TS3
£340K05/230.38 mi17, Turnberry, Yate, Bristol, South Gloucestershire BS37 4ER3
£215K11/210.39 mi153, Bredon, Yate, Bristol, South Gloucestershire BS37 8TF3
£235K09/210.39 mi129, Bredon, Yate, Bristol, South Gloucestershire BS37 8TF3
£235K11/200.39 mi144, Bredon, Yate, Bristol, South Gloucestershire BS37 8TF3
£227.5K12/200.39 mi140, Bredon, Yate, Bristol, South Gloucestershire BS37 8TF3
£275K05/230.39 mi36, Priors Lea, Yate, Bristol, South Gloucestershire BS37 4DE3
£232K04/210.39 mi50, Priors Lea, Yate, Bristol, South Gloucestershire BS37 4DE3
£220K12/200.4 mi43, Hardwicke, Yate, Bristol, South Gloucestershire BS37 4LF3
£240K03/210.4 mi117, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TW3
£230K11/200.41 mi57, Bredon, Yate, Bristol, South Gloucestershire BS37 8TB3

Local Rents

11 rents from £1.3K/mo to £1.8K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40004/250.13 mi-3
£1,30012/240.23 mi-3
£1,30012/240.31 miChargrove, Yate, South Gloucestershire, BS37 3
£1,35012/240.33 miBlaisdon, Yate3
£1,40012/240.42 mi-3
£1,30012/240.43 miHarescombe, Yate, BRISTOL, BS373
£1,30012/240.44 mi-3
£1,39501/250.56 mi-3
£1,80002/240.6 mi-3
£1,59512/240.6 mi-3
£1,39512/240.61 miSlimbridge Close, Yate3

Local Area Statistics

Population in BS37

38,080

Population in Bristol

795,432

Town centre distance

8.47 miles away

Nearest school

0.20 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-21%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £259,000

September 11, 2024

Floor Plans

Description

  • Popular location of Yate +
  • No Onward Chain +
  • Requiring some updating +
  • Three bedrooms +
  • Mid Terrace Property +
  • Generous Garden Space +
  • Garage +
  • Conservatory +
  • Integral Wardrobe space +
  • Gas Central Heating +

This three bedroom terraced property with endless opportunity and has just become readily available to the market, offered with no onward chain and close to local schools, amenities and with a generous garden plot this much loved family home is a perfect purchase for anyone looking to move to a central Yate location with bags of potential.
The ground level offers an open entrance hallway, lounge diner with a dual aspect and sliding doors to the rear garden, a kitchen space with plenty of units and storage and a handy conservatory with a full range view of the private enclosed garden.
Upstairs is home to three bedrooms with some integral wardrobe space and a family bathroom complete with white contemporary suite and a double shower unit.
Outside the property, the garden is blessed with a sizeable plot, substantial garage workshop, and a tidy well maintained area that has plenty of established plants and patio space.
A property in need of some creative flair with so much potential on offer and a great opportunity in a much sought after location; a must see before it's gone.

Council Tax Band: Band B
Tenure: Freehold

Agent Details

Farrington's Property Services, Bristol

01454 802686

Next Steps?

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