2 Bed Flat, Single Let, Bristol, BS7 0XT, £245,000

Inkerman Close | Horfield, BS7 0XT - 7 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~58 m²
+7 photos

ValuationOvervalued

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

 

 

Square Metres

~57.90 m²
Price/m²£4.2K/m²

Value Estimate

£223,583

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£13,450

Total Cash In

£74,700

 

 

Cash Out

 

Rent Range

£1,200 - £3,000

Rent Estimate

£1,250

Running Costs/mo

£1,036

Cashflow/mo

£214

Cashflow/yr

£2,573

ROI

3%

Gross Yield

6%

Local Sold Prices

36 sold prices from £158.3K to £560K, average is £235K. £2.5K/m² to £81.5K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£239.9K02/210.04 mi8, Seacole Street, Bristol, City Of Bristol BS7 0FH2
£290K06/210.07 mi6, Azov Close, Bristol, City Of Bristol BS7 0FL2
£200K08/220.13 mi86, Bishopthorpe Road, Bristol, City Of Bristol BS10 5AE2
£266K02/230.2 mi21, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QA2
£217K02/210.2 mi26, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QA2
£245K06/230.2 mi35, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QA2
£170K10/210.21 mi6, Butterfield Close, Bristol, City Of Bristol BS10 5AY2
£287.5K06/210.22 mi10, Bayswater Road, Bristol, City Of Bristol BS7 0BN2
£205K06/210.23 mi114, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£266K05/230.23 mi114, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£230K01/210.23 mi66, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£280K11/220.23 mi66, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£210K02/210.23 mi112, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB2
£195K06/210.28 mi15, Butterfield Road, Bristol, City Of Bristol BS10 5AX2
£213.5K03/210.29 miFirst And Second Floor Flat, 1, Doone Road, Bristol, City Of Bristol BS7 0JQ2
£560K03/210.33 mi3, Western Road, Bristol, City Of Bristol BS7 8UP2
£158.3K05/210.37 miGround Floor Flat, 12, Toronto Road, Bristol, City Of Bristol BS7 0JP2
£280K09/210.54 mi47, Church Road, Horfield, Bristol, City Of Bristol BS7 8SD2
£230K05/230.54 mi93, Montreal Avenue, Bristol, City Of Bristol BS7 0NJ2
£275K02/230.56 mi19, Wellesley Mews, Westbury On Trym, Bristol, City Of Bristol BS10 5DJ2
£172.5K03/210.57 miFlat 11, Belmont Park, Braemar Crescent, Bristol, South Gloucestershire BS7 0TD2
£202K03/210.59 miFlat B, 2, Bridge Walk, Horfield, Bristol, City Of Bristol BS7 0LE2
£186K02/210.65 mi447, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0LL2
£195K04/210.65 mi449, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0LL2
£457.5K02/230.67 mi24, Tortworth Road, Bristol, City Of Bristol BS7 9PA2
£202K11/200.69 mi44, Shakespeare Avenue, Bristol, City Of Bristol BS7 0NS2
£322.5K02/210.72 miFirst Floor Flat, 190, Kellaway Avenue, Bristol, City Of Bristol BS6 7YL2
£240.3K06/210.73 mi28, Ashley Down Road, Bristol, City Of Bristol BS7 9JW2
£195K02/210.76 mi44, Emerson Square, Bristol, City Of Bristol BS7 0PP2
£161K02/210.86 mi310, Greystoke Avenue, Bristol, City Of Bristol BS10 6BG2
£275K01/210.92 miGarden Flat, 44, Ralph Road, Bristol, City Of Bristol BS7 9QP2
£287.5K04/210.94 miGarden Flat, 42, Seymour Road, Bishopston, Bristol, City Of Bristol BS7 9HT2
£307K02/230.94 mi40a, Seymour Road, Bishopston, Bristol, City Of Bristol BS7 9HT2
£248K08/210.95 mi14, Clover Ground, Bristol, City Of Bristol BS9 4UF2
£210K11/220.96 miTop Floor Flat, 30, Muller Avenue, Bristol, City Of Bristol BS7 9HX2
£251K11/200.97 miFirst Floor Flat, 30, Muller Avenue, Bristol, City Of Bristol BS7 9HX2

Local Rents

50 rents from £1.2K/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,29503/240.01 miSevastopol Road, Horfield, Bristol2
£1,20003/240.02 miSevastopol Road, Horfield, Bristol2
£1,25004/240.02 miSevastopol Road, Horfield, Bristol2
£1,40003/240.03 miDorian Road - Horfield2
£1,25003/240.07 miInkerman Close, Horfield, Bristol, BS72
£1,30003/240.07 miHorfield, Dorian Road, BS7 0XW2
£1,45003/240.08 miInkerman Close, Horfield2
£1,45003/240.08 miInkerman Close, Horfield2
£1,50003/240.12 miInkerman Close, Horfield, Bristol2
£1,50004/250.14 mi-2
£1,35012/240.19 mi-2
£1,35004/250.19 mi-2
£2,48505/240.21 mi-2
£2,49904/250.21 mi-2
£2,48503/240.21 miBayswater Road, Bristol, BS72
£1,35003/240.23 miBartholomews Square, Horfield, Bristol, Avon, BS72
£1,32512/240.23 mi-2
£1,29512/240.23 mi-2
£1,29501/240.23 mi-2
£1,45005/240.24 mi-2
£1,45003/240.24 miButterfield Close, Bristol, BS102
£1,30003/240.33 miBeverley Road, Horfield, Bristol, BS72
£1,50003/240.33 miBoston Road, Horfield, Bristol2
£1,20004/250.34 mi-2
£1,29503/240.36 mi-2
£1,29503/240.36 miToronto Road, Bristol, BS72
£1,57503/240.37 miMuller Road, Horfield, Bristol, BS72
£1,70004/240.4 miBishopthorpe Road, Bristol2
£1,30003/250.4 mi-2
£1,40001/250.41 mi-2
£1,45003/240.42 miFilton Avenue, Horfield, Bristol2
£1,50003/250.43 mi-2
£1,30003/240.46 miHay Field Lane - Horfield2
£1,29512/240.47 mi-2
£1,30003/240.47 miReynolds Walk, Bristol2
£3,00012/240.48 mi-2
£1,65002/240.48 mi-2
£1,65003/240.49 miSt Gregorys Road, Filton2
£1,35004/250.52 mi-2
£1,29504/240.53 mi-2
£1,29503/240.53 miSouthmead Road, Westbury-On-Trym, Bristol, BS102
£1,30003/240.55 miKelston Close, Westbury On Trym, Bristol, BS102
£1,30004/240.55 miKelston Close, Westbury On Trym, Bristol, BS102
£2,65002/250.56 mi-2
£1,25004/240.56 mi-2
£2,90004/240.56 mi-2
£1,30004/240.57 mi-2
£1,30003/240.57 miBelmont Park, Bristol, BS72
£1,40003/240.58 miPen Park Road, Bristol2
£1,40012/240.58 mi-2

Local Area Statistics

Population in BS7

40,530

Population in Bristol

795,432

Town centre distance

1.61 miles away

Nearest school

0.40 miles away

Nearest train station

1.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-19%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £245,000

October 4, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Top Floor Flat +
  • One allocated parking bay +
  • Open-plan living area +
  • Communal garden +
  • Perfect for First time buyers or Investors +
  • No Onward Chain +

A well-presented, top-floor apartment located in a modern development in Horfield with no onward chain, just moments away from both Horfield Leisure Centre, Southmead Hospital and the amenities of Filton Avenue.

Property Description - Accessed through a communal entrance door equipped with an entry phone, the building features a communal hall with mailboxes, a rear door leading to the communal gardens, and stairs that ascend to the further floors. Entering the flat, you are welcomed by a spacious hallway that connects to all internal rooms.

The open-plan living area has ample room for seating, entertaining and dining, whilst also being able to enjoy the views from the top floor. Through to the kitchen, there are matching wall and floor mounted units, with built-in appliances such as a washing machine, fridge/freezer, oven with four ring hob and wine rack.

There are two double bedrooms, with the master featuring an en-suite shower room, as well as a family bathroom. Additional benefits include allocated parking for one vehicle, gas central heating, and uPVC double glazing throughout.

There is also a small communal garden area and an allocated parking space for one vehicle. This would make a great purchase for investors or first time buyers looking to get on the property ladder.

Location - Horfield is situated within close proximity to Gloucester Road with its vast array of independent shops, cafes & restaurants including Burra cafe, Pinkmans' Bakery and FED 313, and Bottles & Books.

The area features a blend of tree-lined Victorian streets such as Churchways Avenue, and the 1930’s properties that are emblematic of the area. The open spaces of Muller Road Recreational Ground and Horfield Common are nearby as well as Horfield Leisure Centre and the Memorial Stadium.

Boasting excellent schools, spacious properties, and abundant green spaces, this suburb in North Bristol has gained popularity among both families and young professionals seeking a location just beyond the Bristol City Centre.

Leasehold Information - 985 years remaining on lease.

Annual Ground Rent - £291.80

Annual Service Charge - £1,286.93. Includes: Grounds maintenance, general maintenance, pest control, management fees, insurance, cleaning windows and communal areas, accounts preparation fees, H&S and risk assessments, electricity water and sewage, contribution to reserve fund.

Agent Details

Maggs & Allen, Bristol

0117 949 9000

Next Steps?

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