2 Bed Flat, Single Let, Bristol, BS4 3AQ, £290,000

Paintworks, Arnos Vale, Bristol., BS4 3AQ - 6 months ago

Leasehold
BTL
~68 m²
+15 photos

ValuationOvervalued

Sold Prices£172K - £368K
Sold Prices/m²£3K/m² - £6.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.3K/m²

Value Estimate

£250,597

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£20,200

Total Cash In

£92,700

 

 

Cash Out

 

Rent Range

£1,125 - £2,383

Rent Estimate

£1,169

Running Costs/mo

£1,160

Cashflow/mo

£9

Cashflow/yr

£107

ROI

0%

Gross Yield

5%

Local Sold Prices

38 sold prices from £172K to £368K, average is £247.5K. £3K/m² to £6.8K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£275K02/210.35 miUpper Maisonette, 4, Upper Street, Bristol, City Of Bristol BS4 3BU2
£250K04/210.38 mi2, Churchill Road, Bristol, City Of Bristol BS4 3RW2
£277.5K01/210.38 mi14, Arnos Street, Bristol, City Of Bristol BS4 3BS2
£240K10/220.38 mi44, Arnos Street, Bristol, City Of Bristol BS4 3BS2
£225K11/220.42 miGround Floor Flat, 6, Park Street, Totterdown, Bristol, City Of Bristol BS4 3BL2
£260K03/210.44 miGround Floor Maisonette, 121, Somerset Road, Bristol, City Of Bristol BS4 2JA2
£247.5K11/200.44 miUpper Maisonette, 80, Somerset Road, Bristol, City Of Bristol BS4 2HY2
£247.5K11/200.44 miUpper Maisonette, 80, Somerset Road, Bristol, City Of Bristol BS4 2HY2
£252K04/210.46 mi9, Runswick Road, Bristol, City Of Bristol BS4 3HY2
£235.5K11/220.48 mi162c, Wells Road, Bristol, City Of Bristol BS4 2AG2
£202.5K07/210.53 mi34, New Walls, Totterdown, Bristol, City Of Bristol BS4 3TA2
£230K09/230.53 mi57, New Walls, Totterdown, Bristol, City Of Bristol BS4 3TA2
£185K01/210.54 mi58b, Savoy Road, Bristol, City Of Bristol BS4 3SY2
£280K09/230.55 mi2a, Crowndale Road, Bristol, City Of Bristol BS4 2DZ2
£225K04/230.56 miGround Floor Flat, 3, Sandwich Road, Bristol, City Of Bristol BS4 3RS2
£298K04/210.57 miFirst Floor Flat, 40, Haverstock Road, Bristol, City Of Bristol BS4 2BZ2
£200K06/210.6 mi28, Oxford Street, Totterdown, Bristol, City Of Bristol BS3 4RQ2
£172K10/200.63 mi140b, Wick Road, Bristol, City Of Bristol BS4 4HQ2
£368K12/220.63 miGround And First Floor Maisonette, 5, Henry Street, Totterdown, Bristol, City Of Bristol BS3 4UD2
£220K03/210.68 mi76, Bayham Road, Bristol, City Of Bristol BS4 2DP2
£259K03/210.73 mi50b, William Street, Totterdown, Bristol, City Of Bristol BS3 4TY2
£300K08/210.76 mi77a, Richmond Street, Bristol, City Of Bristol BS3 4TL2
£225K01/210.8 miFlat 5, The Quadrant, Barleyfields, Bristol, City Of Bristol BS2 0NA2
£270K11/220.8 mi48a, Grove Park Road, Brislington, Bristol, City Of Bristol BS4 4JJ2
£260K10/220.8 mi48b, Grove Park Road, Brislington, Bristol, City Of Bristol BS4 4JJ2
£232K03/230.83 mi46a, Hollywood Road, Bristol, City Of Bristol BS4 4LD2
£270K11/230.85 miFlat 55, Crown & Anchor House, Sweetman Place, Bristol, City Of Bristol BS2 0HY2
£177.5K10/230.86 miFlat 5, Wellgarth Court, Wellgarth Road, Bristol, City Of Bristol BS4 2SE2
£268.5K02/230.87 mi247a, Redcatch Road, Bristol, City Of Bristol BS4 2HQ2
£181.5K09/210.91 miFlat 5, Castle Court Mews, Ducie Road, Bristol, City Of Bristol BS5 0EZ2
£216K09/210.95 miFlat 24, Corinthian Court, Redcliff Mead Lane, Bristol, City Of Bristol BS1 6FE2
£195K02/230.96 mi20, Badgers Walk, Bristol, City Of Bristol BS4 4LG2
£197K02/210.97 mi36, Latimer Close, Bristol, City Of Bristol BS4 4FG2
£222.5K12/220.97 miFlat 13, Mill Court, Weavers Mill Close, Bristol, City Of Bristol BS5 8FF2
£274.1K01/230.98 mi100, Talavera Close, Bristol, City Of Bristol BS2 0EF2
£262K07/230.98 mi95, Talavera Close, Bristol, City Of Bristol BS2 0EF2
£280K11/220.98 mi108, Talavera Close, Bristol, City Of Bristol BS2 0EF2
£259.5K10/221 mi43a, Axbridge Road, Bristol, City Of Bristol BS4 2RU2

Local Rents

50 rents from £1.1K/mo to £2.4K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£2,10003/240.02 miPaintworks, Arnos Vale2
£2,00004/240.02 miPaintworks, Arnos Vale2
£1,65003/240.05 miPaintworks, Arnos Vale, Bristol2
£1,55003/240.06 miPaintworks, Arnos Vale, Bristol, BS42
£1,60004/240.07 miPaintworks, Bath Road, BS42
£1,80004/240.07 miPaintworks, BS42
£1,90003/240.07 miPaintworks, Arno's Vale , Bristol2
£1,55003/240.1 miPaintworks, Arnos Vale , Bristol2
£2,38303/240.14 miPaintworks East2
£1,75003/240.18 miBath Road, Totterdown, Bristol, BS42
£1,30005/240.28 miBloomfield Road, Brislington, Bristol2
£1,50003/240.32 miBalmain Street, Totterdown Bristol2
£1,50004/240.32 mi-2
£1,50003/240.32 miBalmain Street, Bristol, BS42
£1,70002/250.34 mi-2
£1,40002/250.37 mi-2
£1,29512/240.39 mi-2
£1,80003/240.41 miSavoy Place, Bristol, BS42
£1,80004/240.41 miSavoy Place, Bristol, BS42
£1,50001/250.42 mi-2
£1,40003/240.43 miSydenham Road, Knowle, Bristol2
£1,55003/240.45 miFrederick Street, Totterdown2
£1,50005/240.45 miClyde Road, Knowle, Bristol2
£1,50003/240.46 miClyde Road, Knowle, Bristol2
£1,40002/250.47 mi-2
£1,30004/240.47 miClyde Road, Totterdown, Bristol, BS42
£1,30005/240.47 mi-2
£1,50005/240.47 mi-2
£1,55003/250.47 mi-2
£1,35003/240.48 miWells Road,Totterdown2
£1,35002/240.49 mi-2
£1,20012/230.51 mi-2
£1,20003/240.52 miKnowle, Wells Road, BS4 2AL2
£1,30003/240.53 mi18569582 New Walls, Totterdown, Bristol, BS42
£1,25004/240.53 miKnowle Road, Totterdown, Bristol2
£1,29503/240.53 miKnowle Road, Totterdown, Bristol2
£1,35003/240.54 miCounty Street, Totterdown, Bristol, BS42
£1,27503/240.54 miSalisbury Street, Bristol2
£1,20004/240.54 miWinton Street, BRISTOL2
£1,40003/240.55 miAngers Road, Totterdown2
£1,15004/240.55 miFlat , Barrington Court, Winton Street, Bristol2
£1,25005/240.55 mi-2
£1,12501/250.55 mi-2
£1,20004/240.55 miBarrington Court, Totterdown, Bristol2
£1,30004/240.55 miBarrington Court, Winton Street, Totterdown2
£1,40003/240.56 miUpper Sandhurst Road, Brislington, Bristol2
£1,40005/240.56 miBrislington, Sandy Park Road, BS4 3PF2
£1,35004/240.56 miCounty Street, Bristol2
£1,40003/250.57 mi-2
£1,20003/240.57 mi26 Maxse Road, Bristol2

Local Area Statistics

Population in BS4

47,993

Population in Bristol

795,432

Town centre distance

2.11 miles away

Nearest school

0.40 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-50%

Sales demand

Seller's market

Capital growth (5yrs)

+34%

Property History

Price changed to £290,000

February 8, 2025

Listed for £300,000

September 27, 2024

Floor Plans

Description

  • Paintworks +
  • Two bedrooms +
  • Corner plot +
  • Private balcony +
  • Superfast internet +
  • Views +
  • Allocated parking +
  • Area - 68m2 +
  • EPC - B +

This modern and stylish apartment is located in the vibrant area of Paintworks, known for its creative atmosphere and community vibe. The property offers a comfortable and contemporary living space, with two bedrooms and two bathrooms.

Overview

On the second floor of Block C, this two bedroom apartment in the Paintworks offers everything you need in a flat! At the end of the entrance hallway is the dual aspect living/kitchen/ dining room which boasts views over the river and provides access to the private balcony. The kitchen area features plenty of cupboard space, an integrated dishwasher, fridge/freezer and oven/hob.

The two bedrooms, both of which are generous doubles are also off the hallway. The primary bedroom benefits from built-in wardrobes and an en-suite shower room.

The main bathroom has a three-piece white suite including a shower over the bath.

Additionally, there are two storage cupboards, one of which contains the utilities for the apartment including plumbing for a washing machine.

Outside

There is a private balcony accessed off of the living room. There is also communal outdoor space including lawn, planters and seating dotted throughout the development.
The apartment comes with an allocated parking space and has access to a bike store located in the secure underground car park which stretches under the development.

Location

Paintworks is one of Bristol's creative hubs, just a short walk or cycle from the City Centre. A quiet spot due to traffic-free streets that crisscross the area. There are independent businesses dotted among the residential properties, The Royal Photographic Society gallery, places to eat and drink (with more to come in the next phase of the redevelopment!) such as Bocabar and Coffee Club. The footbridge to Sparke Evans Park provides access to Avonmeads retail park which includes a Lidl and M&S food hall and the river path which is part of the National Cycle Network. Within the woodland of Arnos Vale is the cemetery with its café and scenic walks which are popular with local residents. Temple Meads is 1.1 miles away depending on the route you take, Wapping Wharf is just 1.7 miles away.

We think...

This is a turn-key apartment in a great location - situated on the river benefiting from fantastic views, just moments from Temple Meads train station this apartment would suit first-time buyers working from home or needing a convenient commute into the city centre or London.

Material information (provided by owner)

This property is leasehold with 199 year lease set up in 2016. The service charge is Bi-annually, in the region of £1400-1800 (I.e. £2800-£3600 per year) per annum, the ground rent is £300 annually and the Council Tax band is B.

Agent Details

Ocean, Knowle

0117 463 0105

Next Steps?

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