4 Bed Detached House, Refurb/BRRR, Bristol, BS5 8JJ, £390,000

1 Glebe Road, Bristol, City Of Bristol, BS5 8JJ - 11 views - 6 months ago

Sold STC
Refurb/BRRR
~129 m²
+18 photos

ValuationUndervalued

Sold Prices£273K - £595K
Sold Prices/m²£2.6K/m² - £4.8K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3K/m²

Value Estimate

£401,700
BMV3%

 

 

End Value (After Refurb)

£511,017

Uplift in Value

+31%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£97,500

Stamp Duty & Legal Fees

£19,900

Refurb Costs

£52,400

Bridging Loan Interest

£10,238

Total Cash In

£181,788

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£511,017

Agent Fees (1%)

£5,110

Bridging Loan

£292,500

Bridging Loan Interest

£10,238

Flip Profit

£31,619

Local Sold Prices

38 sold prices from £273K to £595K, average is £410K. £2.6K/m² to £4.8K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£370K02/210.11 mi22, The Avenue, St George, Bristol, City Of Bristol BS5 8HW4
£542K12/200.19 mi10, Jubilee Road, St George, Bristol, City Of Bristol BS5 8HZ4
£532.5K07/210.23 mi40, Queens Road, St George, Bristol, City Of Bristol BS5 8HU4
£435K02/210.27 mi35, Park Crescent, Whitehall, Bristol, City Of Bristol BS5 7AY4
£335K04/210.29 mi6a, Seneca Street, Bristol, City Of Bristol BS5 8DX4
£520K09/220.31 miClovelly House, Clovelly Road, Bristol, City Of Bristol BS5 7LR4
£490K05/210.35 mi1a, Hudds Hill Road, Bristol, Avon BS5 7QE4
£273K08/210.39 mi16, Whiteway Road, Bristol, City Of Bristol BS5 7QR4
£410K04/230.45 mi40, Battenburg Road, Bristol, City Of Bristol BS5 7LZ4
£310K11/200.47 mi96, Whiteway Road, Bristol, City Of Bristol BS5 7QX4
£290K06/210.48 mi54, Roseberry Park, Bristol, City Of Bristol BS5 9ES4
£368K06/210.48 mi33, Hilltop Gardens, St George, Bristol, City Of Bristol BS5 8LG4
£405K06/230.49 mi63, Gordon Avenue, Bristol, City Of Bristol BS5 7ED4
£560K08/210.59 mi85, Fir Tree Lane, Bristol, City Of Bristol BS5 8BJ4
£337.5K03/230.62 mi21, Woodside Road, Brislington, Bristol, City Of Bristol BS4 4DW4
£338K07/230.62 mi15, St Davids Crescent, Bristol, City Of Bristol BS4 4BY4
£435K03/210.64 mi40, Nags Head Hill, Bristol, City Of Bristol BS5 8LW4
£447.3K03/210.71 mi43, Nibletts Hill, Bristol, City Of Bristol BS5 8TP4
£380.5K12/200.71 mi28, Devon Grove, Bristol, City Of Bristol BS5 9AH4
£480K01/210.72 mi3, Cottage Gardens, Bristol, City Of Bristol BS5 8SA4
£362.5K02/210.78 mi71, Robertson Drive, St Annes Park, Bristol, City Of Bristol BS4 4RG4
£420K04/220.78 mi94, Robertson Drive, St Annes Park, Bristol, City Of Bristol BS4 4RG4
£305K10/220.78 mi6, Headford Avenue, St George, Bristol, City Of Bristol BS5 8PF4
£410K03/210.78 mi14, Clay Bottom, Bristol, City Of Bristol BS5 7EH4
£360K03/210.79 mi88, Holly Lodge Road, Bristol, City Of Bristol BS5 7UD4
£426K08/220.8 mi9, Phipps Barton, Bristol, City Of Bristol BS15 1DB4
£510K02/210.83 mi55, Chelsea Park, Bristol, City Of Bristol BS5 6AH4
£385K12/200.86 mi9, Tudor Road, Easton, Bristol, City Of Bristol BS5 6BN4
£425K06/230.86 mi9, First Avenue, St Annes Park, Bristol, City Of Bristol BS4 4DU4
£440K05/210.86 mi6, First Avenue, St Annes Park, Bristol, City Of Bristol BS4 4DU4
£595K08/220.88 mi14, First Avenue, St Annes Park, Bristol, City Of Bristol BS4 4DU4
£465K02/210.91 mi59, Britannia Road, Easton, Bristol, City Of Bristol BS5 6BZ4
£320K01/230.93 miTwo-be, Glenroy Avenue, Bristol, City Of Bristol BS15 1DZ4
£327.5K12/200.93 mi10, Esson Road, Bristol, City Of Bristol BS15 1NP4
£525K06/210.94 mi10, New Brunswick Avenue, Bristol, City Of Bristol BS5 8PW4
£375K03/230.95 mi240, Ridgeway Road, Bristol, City Of Bristol BS16 3LP4
£445K03/230.95 mi4, Lena Street, Bristol, City Of Bristol BS5 6DD4
£357.5K05/210.96 mi24, Walton Avenue, Bristol, City Of Bristol BS4 4EN4

Local Rents

50 rents from £1.2K/mo to £3.3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,95004/240.03 miGlebe Road, St George, Bristol4
£2,30012/240.11 mi-3
£1,75005/240.14 miNorthcote Road, Bristol3
£1,75003/240.2 miSherbourne Street, St George, Bristol, BS53
£2,10004/240.21 mi-3
£1,20002/240.22 mi-3
£2,70005/240.28 miClovelly Close, Bristol, BS54
£1,85012/240.31 mi-3
£2,48002/250.31 mi-4
£1,40003/240.31 mi12 Chester Park, Bristol3
£1,40003/240.31 mi12 Chester Park, St George, Bristol3
£1,40004/240.31 mi12 Chester Park, St George, Bristol3
£2,20002/240.32 mi-4
£2,20003/240.33 miCrews Hole Road, St. George, Bristol4
£1,90004/240.33 miPark Crescent, Whitehall, Bristol5
£1,60005/240.36 miMarling Road, Bristol3
£2,00005/240.36 mi-3
£2,00005/240.36 miPilgrims Wharf, Bristol, BS43
£1,55003/240.36 miAltringham Road, St George, Bristol3
£1,69505/240.37 miStretford Avenue, St George, Bristol3
£2,10004/240.39 miSloan Street, Bristol5
£2,40003/240.39 miHudds Hill Gardens, Bristol, BS54
£1,55004/240.4 miWhitehall Road, Bristol3
£1,40004/240.41 miWhitehall Road,Whitehall,Bristol,BS53
£1,34904/240.44 miChalks Road, Bristol3
£2,25003/240.44 miGordon Avenue- Whitehall4
£1,50003/250.45 mi-3
£2,60004/240.45 miBrickworks Close, Speedwell4
£2,60005/240.45 miBrickworks Close BS54
£2,60004/240.45 miBrickworks Close, Speedwell4
£1,85004/240.45 mi-3
£2,00003/240.45 miRedfield, Bristol, BS53
£1,85003/240.45 miRedfield, Bristol, BS53
£2,60004/240.45 miBrickworks Close, Bristol, BS54
£2,60005/240.45 mi-4
£2,20003/240.45 miWootton Road, Bristol4
£1,39505/240.48 miGeorge & Dragon Lane, Redfield, Bristol3
£1,59502/250.48 mi-4
£1,50005/240.49 miWesley Close, Whitehall, Bristol3
£1,45004/240.5 miWhitehall Road, Whitehall, Bristol3
£1,50005/240.5 miGordon Avenue, Bristol, BS53
£1,40005/240.5 miGordon Avenue, Bristol, BS53
£1,70004/240.5 miWooton Crescent, BS43
£1,55004/240.51 miGordon Avenue, Whitehall, Bristol, BS53
£3,30003/250.51 mi-4
£3,30002/250.52 mi-3
£1,30003/240.52 miMary Street, Bristol3
£1,30003/240.52 miMary Street, Bristol3
£2,80005/240.53 mi-4
£2,80003/240.53 miAir Balloon Road, Bristol, BS54

Local Area Statistics

Population in BS5

52,459

Population in Bristol

795,432

Town centre distance

2.17 miles away

Nearest school

0.10 miles away

Nearest train station

0.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £390,000

October 1, 2024

Sold for £72,500

1998

Floor Plans

Description

  • 4 DOUBLE BEDROOMS +
  • DETACHED VICTORIAN STYLE HOME +
  • OPPORTUNITY TO DO WORK AND ADD VALUE +
  • IN NEED OF SOME UPDATING +
  • GAS CENTRAL HEATING FROM A COMBI BOILER +
  • CHECK OUT THE VIRTUAL TOUR +
  • HIGH CEILINGS AND SOME RETAINED FEATURES +
  • ESTIMATED VALUE WITH WORKS FIINISHED OF £535,000 - £550,000. +
  • NO CHAIN !! +
  • A RECENT INDEPENDENT HOME BUYERS SURVEY IS AVAILABLE TO INTERESTED PARTIES +

This 4 bedroom Victorian style detached home is a true gem waiting to be discovered set on this popular road close to St Georges Park and rare to find in the area. Offered with NO CHAIN !!

Whilst in need of some updating this generous four double bedrooms and three reception rooms property offers ample space for comfortable living, with high ceilings and well proportioned rooms and is a great opportunity for a buyer to stamp their mark on their new home.

As you step inside the entrance hallway leads to a large bayed lounge and seperate dining room (both with stripped and varnished floorboards), a spacious L - shaped kitchen/breakfast room with a further utility area and a cloakroom to the ground floor. Above are four generously sized double bedrooms and a family bathroom.

Additionally the enclosed rear garden provides a private outdoor space to relax and unwind overlooking trees to the rear and also benefits a gated side access.

Conveniently located just a stone's throw away from the picturesque St Georges Park and a leisurely stroll to the vibrant cafes and bars on Church Road, this home offers the perfect blend of tranquillity and city living.

If you are looking for a large property and happy to do some upgrading and add value then come and have a look and don't miss out on the opportunity to 4 bedroom in this sought-after location.

*PLEASE NOTE - There is an Independent Homebuyers Report commissioned by the vendors in March 2024 available to interested parties*

Hallway -

Lounge -

Dining Room -

Kitchen /Breakfast Room -

Utility Room -

Cloakroom -

Landing -

Bedroom 1 -

Bedroom 2 -

Bedroom 3 -

Bedroom 4 -

Bathroom -

Garden -

Agent Details

House + Co Property, Bristol

0117 907 0020

Next Steps?

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