2 Bed Flat, Single Let, Bristol, BS7 0LL, £200,000

Filton Avenue, Horfield, Bristol, BS7 0LL - 7 months ago

Sold STC
Leasehold
BTL
ROI: 8%
~63 m²
+5 photos

ValuationUndervalued

Sold Prices£158.3K - £560K
Sold Prices/m²£2.5K/m² - £81.5K/m²

 

 

Square Metres

~63 m²
Price/m²£3.2K/m²

Value Estimate

£228,103
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£1,050 - £2,950

Rent Estimate

£1,295

Running Costs/mo

£904

Cashflow/mo

£391

Cashflow/yr

£4,692

ROI

8%

Gross Yield

8%

Local Sold Prices

28 sold prices from £158.3K to £560K, average is £214.8K. £2.5K/m² to £81.5K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£186K02/210 mi447, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0LL2
£195K04/210 mi449, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0LL2
£202K11/200.05 mi44, Shakespeare Avenue, Bristol, City Of Bristol BS7 0NS2
£230K05/230.11 mi93, Montreal Avenue, Bristol, City Of Bristol BS7 0NJ2
£195K02/210.12 mi44, Emerson Square, Bristol, City Of Bristol BS7 0PP2
£202K03/210.15 miFlat B, 2, Bridge Walk, Horfield, Bristol, City Of Bristol BS7 0LE2
£158.3K05/210.3 miGround Floor Flat, 12, Toronto Road, Bristol, City Of Bristol BS7 0JP2
£213.5K03/210.36 miFirst And Second Floor Flat, 1, Doone Road, Bristol, City Of Bristol BS7 0JQ2
£172.5K03/210.46 miFlat 11, Belmont Park, Braemar Crescent, Bristol, South Gloucestershire BS7 0TD2
£205K06/210.47 mi114, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£266K05/230.47 mi114, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£230K01/210.47 mi66, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£280K11/220.47 mi66, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£210K02/210.47 mi112, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£266K02/230.53 mi21, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QA2
£217K02/210.53 mi26, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QA2
£245K06/230.53 mi35, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QA2
£198K12/200.55 mi47, Long Down Avenue, Stoke Gifford, Bristol, South Gloucestershire BS16 1FT2
£290K06/210.6 mi6, Azov Close, Bristol, City Of Bristol BS7 0FL2
£287.5K06/210.61 mi10, Bayswater Road, Bristol, City Of Bristol BS7 0BN2
£239.9K02/210.69 mi8, Seacole Street, Bristol, City Of Bristol BS7 0FH2
£237.5K03/210.72 mi31, Long Wood Meadows, Stoke Gifford, Bristol, City Of Bristol BS16 1GP2
£200K08/220.77 mi86, Bishopthorpe Road, Bristol, City Of Bristol BS10 5AE2
£560K03/210.81 mi3, Western Road, Bristol, City Of Bristol BS7 8UP2
£229K07/230.82 mi703, Southmead Road, Filton, Bristol, South Gloucestershire BS34 7QR2
£170K10/210.83 mi6, Butterfield Close, Bristol, City Of Bristol BS10 5AY2
£195K06/210.91 mi15, Butterfield Road, Bristol, City Of Bristol BS10 5AX2
£216K01/230.97 mi138, Conygre Grove, Filton, Bristol, South Gloucestershire BS34 7HU2

Local Rents

50 rents from £1.1K/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30002/240.03 mi-2
£1,30012/240.03 mi-2
£1,48012/240.07 mi-2
£1,40003/240.07 miThackeray, Horfield, BS7 0NX2
£1,35003/240.09 miAmis Walk - Horfield2
£1,05004/240.09 miAmis Walk - Horfield2
£1,35002/250.09 mi-2
£1,40003/240.12 miWordsworth Road, Horfield, Bristol, BS72
£1,40003/240.12 miEmerson Square, Horfield, Bristol2
£1,40003/240.12 miEmerson Square, Horfield, Bristol2
£1,35003/240.13 miWordsworth Road - Horfield2
£1,35004/240.13 mi-2
£1,35003/240.14 miEmerson Square, Bristol, BS72
£1,25004/240.16 mi-2
£2,90004/240.16 mi-2
£1,30003/240.16 miBeaumont Court, Melton Crescent, Horfield2
£1,45003/240.16 miEden Grove, Filton2
£1,29512/240.18 mi-2
£1,30003/240.22 miReynolds Walk, Bristol2
£1,49503/240.23 miFifth Avenue, Filton, Bristol2
£1,50003/250.23 mi-2
£1,65003/240.25 miSt Gregorys Road, Filton2
£1,50003/240.27 miSheridan Road, Bristol2
£1,29503/240.32 mi-2
£1,29503/240.32 miToronto Road, Bristol, BS72
£1,50003/240.32 miBoston Road, Horfield, Bristol2
£1,30003/240.33 miBeverley Road, Horfield, Bristol, BS72
£1,25003/250.34 mi-2
£1,30003/240.4 miFilton Avenue, Bristol, BS72
£1,50003/240.4 miNorthville Road, Northville, Bristol2
£1,40003/240.4 miNorthville Road, Northville, Bristol2
£1,30003/240.44 miHay Field Lane - Horfield2
£1,30002/250.45 mi-2
£2,95003/240.45 miGloucester Road North, Bristol, BS72
£1,35003/240.45 miBartholomews Square, Horfield, Bristol, Avon, BS72
£1,32512/240.46 mi-2
£1,29512/240.46 mi-2
£1,29501/240.46 mi-2
£1,30012/240.46 miLawn Close, Cheswick Village, Bristol, BS162
£1,30003/240.46 miBelmont Park, Bristol, BS72
£1,30004/240.46 mi-2
£1,45012/240.49 miLong Down Avenue, Bristol2
£1,40001/250.49 mi-2
£1,35012/240.5 mi-2
£1,29002/250.52 mi-2
£2,00004/240.52 mi-2
£1,99512/240.52 mi-2
£2,00012/240.52 mi-2
£2,00004/240.52 miHorse Leaze Road, Bristol, BS162
£1,35003/240.55 mi1 K Elm Park, Filton, Bristol2

Local Area Statistics

Population in BS7

40,530

Population in Bristol

795,432

Town centre distance

1.99 miles away

Nearest school

0.20 miles away

Nearest train station

0.68 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-19%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Price changed to £200,000

November 4, 2024

Listed for £215,000

September 12, 2024

Floor Plans

Description

  • Filton Avenue +
  • No onward chain +
  • One double and one single bedroom. +
  • Open plan kitchen/diner +
  • Large family bathroom +
  • Allocated parking space +
  • 55 Sq.m (Taken from EPC) +
  • EPC - C +
  • Tenure - Leasehold +

A bright and spacious two bedroom ground floor apartment in Horfield. This property has the added bonus of being offered to the market with no onward chain.

Overview

This apartment is bathed in light and benefits from recently fitted carpets. The layout of the property is well thought out, it comprises a welcoming entrance hallway with storage cupboards to the left. There are two good sized bedrooms, the master of which benefits from ample built in storage. Adjacent to the second bedroom is the large bathroom with recently fitted lino flooring. At the rear of the property is a well-appointed kitchen, this links to the generous open plan living space, which is ideal for socialising.

Location

The position is popular due to it's close proximity to the vast array of independent shops, restaurants and transport links that Gloucester Road has to offer. Filton Abbeywood railway station is located around 0.7 miles from the property, providing a direct link to Bristol Temple Meads and the city centre. Major employers such as Southmead Hospital, Airbus and The MoD are all nearby.

We think...

This property is a perfect opportunity for first time buyers and investors.

Material information (provided by owner)

Leasehold 985 years remaining. Ground rent - £300 per annum and service charge £1300 per annum. 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 💪