3 Bed Semi-Detached House, Refurb/BRRR, Bristol, BS4 2UX, £290,000

Broadfield Road, Knowle, Bristol, BS4 2UX - 6 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£210K - £444K
Sold Prices/m²£2.3K/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£3.1K/m²

Value Estimate

£298,233
BMV3%

 

 

End Value (After Refurb)

£303,800

Uplift in Value

+5%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Refurb Costs

£38,009

Bridging Loan Interest

£7,613

Total Cash In

£131,771

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£303,800

Mortgage (After Refinance)

£227,850

Mortgage LTV

75%

Cash Released

£10,350

Cash Left In

£121,421

Equity

£75,950

Rent Range

£1,025 - £3,040

Rent Estimate

£1,622

Running Costs/mo

£1,294

Cashflow/mo

£328

Cashflow/yr

£3,939

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £210K to £444K, average is £260K. £2.3K/m² to £4.6K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£240K12/200.04 mi94, Broadfield Road, Bristol, City Of Bristol BS4 2UU3
£245K11/200.04 mi110, Broadfield Road, Bristol, City Of Bristol BS4 2UU3
£282.5K06/210.04 mi116, Broadfield Road, Bristol, City Of Bristol BS4 2UU3
£247K12/200.04 mi104, Broadfield Road, Bristol, City Of Bristol BS4 2UU3
£346K09/230.04 mi126, Broadfield Road, Bristol, City Of Bristol BS4 2UU3
£222K04/210.05 mi123, Broadfield Road, Bristol, City Of Bristol BS4 2UX3
£235K12/230.05 mi183, Ilminster Avenue, Knowle, Bristol, City Of Bristol BS4 1BY3
£240K08/210.07 mi144, Broadfield Road, Bristol, City Of Bristol BS4 2UZ3
£250K03/230.09 mi7, Chilton Road, Bristol, City Of Bristol BS4 1BZ3
£312K02/230.09 mi4, Chilton Road, Bristol, City Of Bristol BS4 1BZ3
£260K05/210.09 mi69, Springleaze, Bristol, City Of Bristol BS4 2TY3
£255K04/210.09 mi82, Springleaze, Bristol, City Of Bristol BS4 2TY3
£260K06/210.1 mi18, Dundry View, Bristol, City Of Bristol BS4 2TX3
£273.5K09/230.11 mi90, Salcombe Road, Bristol, City Of Bristol BS4 1AA3
£335K03/230.14 mi91, Airport Road, Bristol, City Of Bristol BS14 9TD3
£222K01/210.14 mi99, Minehead Road, Bristol, City Of Bristol BS4 1BS3
£396K12/220.14 mi45, Queenshill Road, Bristol, City Of Bristol BS4 2XL3
£290K04/230.15 mi4, Queenshill Road, Bristol, City Of Bristol BS4 2XJ3
£230K12/200.15 mi40, Queenshill Road, Bristol, City Of Bristol BS4 2XJ3
£218K11/200.15 mi51, Somerdale Avenue, Bristol, City Of Bristol BS4 1AD3
£260K11/200.15 mi87, Broadfield Road, Bristol, City Of Bristol BS4 2UW3
£215K04/210.16 mi115, Exmouth Road, Bristol, City Of Bristol BS4 1BE3
£291.5K04/210.17 mi1, Cadogan Road, Bristol, City Of Bristol BS14 9TF3
£290K11/200.18 mi78, Westleigh Park, Bristol, City Of Bristol BS14 9TQ3
£378K01/230.19 mi12, Spring Gardens, Bristol, City Of Bristol BS4 2TZ3
£235K12/220.2 mi4, Willinton Road, Bristol, City Of Bristol BS4 1HT3
£221K12/200.21 mi134, Ilminster Avenue, Bristol, City Of Bristol BS4 1BT3
£278K09/210.21 mi69, Salcombe Road, Bristol, City Of Bristol BS4 1AG3
£280K04/210.21 mi91, Ponsford Road, Bristol, City Of Bristol BS4 2UT3
£225K01/210.22 mi67, Minehead Road, Bristol, City Of Bristol BS4 1BP3
£255K11/200.22 mi52, Ponsford Road, Bristol, City Of Bristol BS4 2UR3
£235K05/210.23 mi78, Minehead Road, Bristol, City Of Bristol BS4 1BW3
£305.5K10/210.23 mi54, Queenshill Road, Bristol, City Of Bristol BS4 2XQ3
£300.5K11/230.23 mi58, Queenshill Road, Bristol, City Of Bristol BS4 2XQ3
£444K01/210.24 mi388, Wells Road, Bristol, City Of Bristol BS4 2QP3
£254.3K12/210.24 mi11, Dunster Road, Bristol, City Of Bristol BS4 1BU3
£213.3K08/230.24 mi3, Dunster Road, Bristol, City Of Bristol BS4 1BU3
£285K08/230.24 mi51, Exmouth Road, Bristol, City Of Bristol BS4 1BD3
£310K09/210.24 mi74, Hengrove Lane, Bristol, City Of Bristol BS14 9DQ3
£295K03/210.24 mi88a, Hengrove Lane, Bristol, South Gloucestershire BS14 9DQ3
£220K02/210.24 mi3, Crediton Crescent, Bristol, City Of Bristol BS4 1DY3
£430K02/230.25 mi62, Airport Road, Bristol, City Of Bristol BS14 9TA3
£233K08/210.25 mi101, Newquay Road, Bristol, City Of Bristol BS4 1EE3
£330K12/220.26 mi18, Westleigh Park, Bristol, City Of Bristol BS14 9TH3
£355K12/220.27 mi33, Queensdale Crescent, Bristol, City Of Bristol BS4 2TW3
£255K03/210.27 mi67, Hengrove Lane, Bristol, City Of Bristol BS14 9DH3
£345K08/230.27 mi69, Hengrove Lane, Bristol, City Of Bristol BS14 9DH3
£210K05/210.28 mi94, Newquay Road, Bristol, City Of Bristol BS4 1DS3
£282K12/200.28 mi22, Shaw Gardens, Hengrove, Bristol, City Of Bristol BS14 9TP3
£337K06/230.28 mi39, Shaw Gardens, Hengrove, Bristol, City Of Bristol BS14 9TP3

Local Rents

33 rents from £1K/mo to £3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,55002/240.1 mi-3
£1,50003/240.14 miSomerdale Avenue, Knowle, Bristol, BS43
£1,50003/240.14 miMinehead Road, Knowle West3
£1,50003/240.15 miCadogan Road, Bristol, BS143
£1,75002/250.15 mi-3
£1,71503/240.24 miDunster Road, Bristol, BS4 1BU3
£1,95003/240.24 mi-3
£3,04005/240.24 mi-3
£1,80003/250.25 mi-3
£1,50003/240.25 miShaw Gardens, Hengrove, BS143
£1,45003/240.32 miGreenleaze, Brislington3
£1,80011/240.32 mi-3
£1,60003/240.34 miRavenhead Drive, Bristol3
£1,65003/240.36 miGorlangton Close, Bristol, BS143
£1,40005/240.36 miKingshill Road, Knowle Park, Bristol3
£1,50003/240.37 miIlminster Avenue, Knowle, BS43
£1,02504/240.38 mi-3
£1,75001/250.46 mi-3
£1,50003/240.46 miAlard Road, BS43
£1,95003/250.48 mi-3
£1,60003/240.48 miWells Road, Knowle, Bristol3
£1,75012/240.5 mi-3
£1,40003/240.57 miStoneleigh Road, Knowle Bristol3
£1,30003/240.58 miPhilippa Close, Whitchurch, BS143
£1,60003/240.59 miStoneleigh Road, Bristol3
£1,80003/240.59 miRedcatch Road, Knowle, Bristol3
£1,80004/240.59 miRedcatch Road, Knowle, Bristol3
£1,65002/240.59 mi-3
£1,60003/240.6 miStoneleigh Road, Bristol3
£1,69512/240.6 mi-3
£1,75004/240.61 miRedcatch Road, Bristol, BS43
£1,80005/240.62 mi-3
£1,50003/240.62 miLisburn Road, Bristol3

Local Area Statistics

Population in BS4

47,993

Population in Bristol

795,432

Town centre distance

3.11 miles away

Nearest school

0.20 miles away

Nearest train station

1.29 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-50%

Sales demand

Seller's market

Capital growth (5yrs)

+34%

Property History

Listed for £290,000

September 24, 2024

Floor Plans

Description

  • No Chain +
  • Three Bedrooms +
  • Large Garden +
  • Off Street Parking +
  • Side Access +
  • Modernisation Required +
  • Council Tax Band B +
  • Freehold +

A spacious three bedroom home on a generous plot with no chain

We are pleased to offer this three bedroom home sitting on a great sized plot boasting parking and large rear garden. Whilst requiring some modernisation the property is sure to prove ideal for anyone looking to make a house their own.

To the ground floor there is a large open plan living/ dining room offering a dual aspect. The kitchen offers a range of modern floor and wall units and affords a view and door out to the garden. Moving upstairs there are three bedrooms, two of which will fit double beds whilst the third is a single/ study. The bathroom boasts a three-piece suite and tiling throughout.

Outside, the front offers off street parking for several cars and secure access to the rear garden, which currently offers a good sized lawned area with an open outlook.

Broadfield Road sits in Knowle, an area popular with young couples and growing families, there are plenty of amenities and access links within walking distance. Whilst the popular Broad Walk shopping centre and Redcatch Park both sit under a 10 minute walk away.

Council Tax Band
C

EPC Band - TBC - An EPC report has been ordered.

Tenure
Freehold

Entrance Hall -

Living Room - 3.52 x 3.24 (11'6" x 10'7") -

Dining Room - 4.34 x 3.26 (14'2" x 10'8") -

Kitchen - 4.32 x 1.86 (14'2" x 6'1") -

Landing -

Bedroom One - 4.19 x 3.26 (13'8" x 10'8") -

Bedroom Two - 3.24 x 3.01 (10'7" x 9'10") -

Bedroom Three - 3.26 x 2.28 (10'8" x 7'5") -

Bathroom -

Rear Garden -

Off Street Parking -

Agent Details

Hunters, Bristol, BS4

0117 463 6387

Next Steps?

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