2 Bed Semi-Detached House, Cash/Bridging Only, Bristol, BS14 9RA, £270,000

Evercreech Road, Bristol, City Of Bristol, BS14 9RA - 7 months ago

Sold STC
Cash
ROI: 2%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£117K - £340K
Sold Prices/m²£1.8K/m² - £6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£261,248

 

 

End Value (After Refurb)

£243,295

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Refurb Costs

£27,600

Bridging Loan Interest

£7,088

Total Cash In

£119,638

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£243,295

Mortgage (After Refinance)

£182,471

Mortgage LTV

75%

Cash Left In

£119,638

Equity

£60,824

Rent Range

£800 - £1,450

Rent Estimate

£1,220

Running Costs/mo

£1,024

Cashflow/mo

£196

Cashflow/yr

£2,348

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £117K to £340K, average is £253.3K. £1.8K/m² to £6K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£340K09/230.02 mi53, Evercreech Road, Bristol, City Of Bristol BS14 9QZ2
£264.9K08/210.03 mi9, Portmeirion Close, Bristol, City Of Bristol BS14 9YA2
£262.5K09/210.04 mi10, Minton Close, Bristol, City Of Bristol BS14 9YB2
£273K06/210.07 mi42, Evercreech Road, Bristol, City Of Bristol BS14 9RA2
£260K06/210.07 mi48, Evercreech Road, Bristol, City Of Bristol BS14 9RA2
£280K02/230.07 mi23, Wedgwood Close, Bristol, City Of Bristol BS14 9YE2
£225K11/210.09 mi3, Curland Grove, Bristol, City Of Bristol BS14 9QF2
£325K07/230.09 mi9, Ridgemeade, Bristol, City Of Bristol BS14 9RB2
£296.5K11/210.09 mi69, Allerton Road, Bristol, City Of Bristol BS14 9PT2
£228.5K03/210.11 mi159, Fortfield Road, Bristol, City Of Bristol BS14 9NP2
£257.5K05/230.11 mi156, Fortfield Road, Bristol, City Of Bristol BS14 9NP2
£263K07/230.12 mi6, Allerton Gardens, Bristol, City Of Bristol BS14 9NH2
£204.5K12/200.12 mi5, Heart Meers, Bristol, City Of Bristol BS14 9NY2
£297.5K08/210.18 mi42, Heathfield Crescent, Bristol, City Of Bristol BS14 9RQ2
£235K04/210.19 mi9, Otterford Close, Bristol, City Of Bristol BS14 9JR2
£200K02/210.19 mi28, Allerton Crescent, Bristol, City Of Bristol BS14 9PU2
£255K10/230.2 mi5, Wansdyke Court, Bristol, City Of Bristol BS14 9QJ2
£210K03/210.2 mi5, Wansdyke Court, Bristol, City Of Bristol BS14 9QJ2
£323K08/230.22 mi839, Whitchurch Lane, Whitchurch, Bristol, City Of Bristol BS14 0JN2
£320K08/230.22 mi41, Ridgeway Lane, Bristol, City Of Bristol BS14 9PP2
£240K01/210.26 mi39, Kylross Avenue, Bristol, City Of Bristol BS14 9NQ2
£265K11/220.28 mi709, Whitchurch Lane, Whitchurch, Bristol, City Of Bristol BS14 0TB2
£222K11/200.31 mi5a, Highdale Close, Bristol, City Of Bristol BS14 0JS2
£245K09/230.32 mi10, Wharnecliffe Gardens, Bristol, City Of Bristol BS14 9NA2
£254.5K09/210.34 mi3, Chessington Avenue, Bristol, City Of Bristol BS14 9NW2
£230K11/200.36 mi98, Gilda Crescent, Bristol, City Of Bristol BS14 9LD2
£260K02/230.36 mi109, Gilda Crescent, Bristol, City Of Bristol BS14 9LD2
£180K11/200.38 mi126, Gilda Crescent, Bristol, City Of Bristol BS14 9LA2
£289K12/230.38 mi305, Bamfield, Bristol, City Of Bristol BS14 0TH2
£240K04/210.39 mi55, Gilda Crescent, Bristol, City Of Bristol BS14 9LE2
£210K05/210.39 mi60, Gilda Crescent, Bristol, City Of Bristol BS14 9LE2
£275K08/230.39 mi695, Whitchurch Lane, Whitchurch, Bristol, City Of Bristol BS14 0TA2
£185K02/210.39 mi689, Whitchurch Lane, Whitchurch, Bristol, Avon BS14 0TA2
£117K08/230.43 mi11, Loxton Square, Bristol, City Of Bristol BS14 9SE2
£123.6K06/230.43 mi19, Loxton Square, Bristol, City Of Bristol BS14 9SE2
£260K03/230.44 mi28, Gilda Crescent, Bristol, City Of Bristol BS14 9LF2
£235K01/210.44 mi44, Gilda Crescent, Bristol, City Of Bristol BS14 9LF2
£257K06/230.49 mi1, Cross Walk, Bristol, City Of Bristol BS14 0RX2
£205K06/210.49 mi104, New Fosseway Road, Bristol, Avon BS14 9LJ2
£235K11/210.51 mi90, New Fosseway Road, Bristol, City Of Bristol BS14 9LL2
£200K01/210.51 mi102, New Fosseway Road, Bristol, City Of Bristol BS14 9LL2
£225K08/210.51 mi62, New Fosseway Road, Bristol, City Of Bristol BS14 9LL2
£280K01/210.53 mi61, Maplestone Road, Bristol, City Of Bristol BS14 0HQ2
£295K02/210.54 mi12, Maplestone Road, Bristol, City Of Bristol BS14 0HH2
£195K06/230.54 mi38, Coulsons Road, Bristol, City Of Bristol BS14 0NW2
£280K12/220.54 mi50, Coulsons Road, Bristol, City Of Bristol BS14 0NW2
£249.5K10/200.56 mi143, East Dundry Road, Bristol, City Of Bristol BS14 0LP2
£220K05/210.59 mi13, Charter Walk, Bristol, City Of Bristol BS14 0RZ2
£265K08/230.62 mi266, Sturminster Road, Bristol, City Of Bristol BS14 8ET2
£252K08/230.65 mi2, Craydon Road, Bristol, City Of Bristol BS14 8HB2

Local Rents

21 rents from £800/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40005/240.02 miDoulton Way, Bristol2
£1,30003/240.1 miFortfield Road , Whitchurch, Bristol2
£1,30004/240.1 miFortfield Road , Whitchurch, Bristol2
£1,15004/240.3 miPinkhams Twist, Bristol2
£1,25003/240.33 miKylross Avenue, Bristol, BS142
£1,40003/240.37 mi-2
£1,30001/250.37 mi-2
£80010/230.37 miGilda Close, Bristol, BS142
£1,30003/240.39 miGilda Crescent, Whitchurch, Bristol, BS142
£1,25001/250.39 mi-2
£1,00004/240.42 miWells Road, Bristol2
£1,45004/240.43 mi-2
£1,45003/250.43 mi-2
£1,35003/240.43 miBristol Road, Whitchurch Village, Bristol2
£1,40002/240.46 mi-2
£1,00001/250.47 mi-2
£1,39505/240.53 miBamfield, Flat 1, Bristol2
£1,10003/240.6 miTibbott Walk, Stockwood, Bristol, BS142
£95003/240.61 miTibbot Walk, Stockwood2
£97502/240.61 mi-2
£1,10003/240.62 miSt Silas Court, Stockwood, Bristol2

Local Area Statistics

Population in BS14

28,656

Population in Bristol

795,432

Town centre distance

4.28 miles away

Nearest school

0.30 miles away

Nearest train station

2.35 miles away

 

 

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Price changed to £270,000

October 8, 2024

Listed for £285,000

September 11, 2024

Floor Plans

Description

  • Ready to put your own stamp on- No Onward Chain +
  • Two double bedrooms +
  • Large corner plot with potential off street parking +
  • Garden Log Cabin +
  • Extended kitchen/ diner with separate lounge +
  • Quiet sought after road and location +

NO ONWARD CHAIN

Welcome to your future dream home located in the desirable Evercreech Road, Bristol. This delightful property not only offers a fabulous space for you to put your own stamp on but also boasts key features, making it the perfect first home.

As you step inside, you will find a warm and inviting atmosphere that immediately makes you feel right at home. The house offers two spacious double bedrooms, providing ample space for you, your family, or guests. This allows flexibility to transform one room into a home office, nursery or play room.

The carefully designed layout includes an extended kitchen/diner, providing an area for the heart of your home. This feature allows you to entertain friends and family while cooking up a storm. The separate lounge offers a cozy retreat where you can relax after a long day or enjoy a movie night.

One of the standout features of this property is the large corner plot, offering great potential for off-street parking. You will also find a charming garden log cabin that can be used as a guest retreat, storage or a personal office- the opportunities are endless.

Situated in a quiet and sought-after road and location, you will enjoy peace and tranquility while still being a stone's throw away from the vibrant city of Bristol. Take advantage of the fantastic schools, shops, and amenities that are within easy reach, making this house an ideal family home.

The property is ready for you to put your own stamp on and unleash your creativity. Imagine the possibilities of creating your dream home with the perfect color palettes, flooring, and finishes that suit your unique taste and style. This is your chance to make it truly yours.

Don't miss out on this incredible opportunity to own a property in Evercreech Road, Bristol. With its ideal location, potential for off-street parking, garden log cabin, and the flexibility to personalize it as your own, this house won't stay on the market for long.

Contact us today to schedule a viewing and begin the journey of making this charming 2 bedroom house your new home.

IMPORTANT NOTICE: The Property Centre for themselves and for the vendors of the property, whose agents they are, give notice that: 1. the particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchaser and do not constitute part of an offer or contract. Prospective purchasers and lessees ought to seek their own professional advice. 2. All descriptions, dimensions, areas, reference to condition and necessary permissions for use and occupation and other details are given in good faith, and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of The Property Centre has any authority to make or give any representations or warranty whatever in relation to this property on behalf of The Property Centre, nor enter into any contract on behalf of the vendor. 4. No responsibility can be accepted for any expenses incurred by intending purchasers in inspecting properties which have been sold, let or withdrawn.

Photographs taken and details prepared September 2024

MEASUREMENTS AND OTHER INFORMATION: All measurements are approximate. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information with you. Code of Practice for Residential Estate Agents: Effective from 1 August 2011: '8. Financial Evaluation 8a At the time that an offer has been made and is being considered by the seller, you must take reasonable steps to find out from the prospective buyer the source and availability of his funds for buying the property and pass this information to the seller. Such information will include whether the prospective buyer needs to sell a property, requires a mortgage, claims to be a cash buyer or any combination of these. Such relevant information that is available should be included in the Memorandum of Sale having regard to the provisions of the Data Protection Act.8b These reasonable steps must continue after acceptance of the offer until exchange of contracts (in Scotland, conclusion of missives) and must include regular monitoring of the prospective buyer's progress in achieving the funds required, and reporting such progress to the seller. The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for their purpose. A Buyer is advised to obtain verification from their solicitor or surveyor. References to the Tenure of the Property are based on information supplied by the Seller. The agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.

Agent Details

The Property Centre, Bristol

0117 463 7923

Next Steps?

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