3 Bed Semi-Detached House, Refurb/BRRR, Bristol, BS20 0ED, £340,000

Heywood Road, Pill, Bristol, BS20 0ED - 6 months ago

Refurb/BRRR
~115 m²
+21 photos

ValuationUndervalued











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£46,867

Bridging Loan Interest

£8,925

Total Cash In

£165,242

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£374,762

Mortgage (After Refinance)

£281,072

Mortgage LTV

75%

Cash Released

£26,072

Cash Left In

£139,170

Equity

£93,691

Rent Range

£1,250 - £1,700

Rent Estimate

£1,518

Running Costs/mo

£1,495

Cashflow/mo

£23

Cashflow/yr

£279

ROI

0%

Gross Yield

5%













Local Rents

19 rents from £1.3K/mo to £1.7K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,25003/250.08 mi-3
£1,35003/250.19 mi-3
£1,45012/240.2 miAnchor Way - Pill3
£1,70002/250.34 mi-3
£1,70002/250.34 mi-3
£1,50003/240.52 miMiles Close - Ham Green3
£1,50004/240.57 miPortway3
£1,49503/240.59 miBurnham Road - Shirehampton3
£1,57505/240.7 miPriory Road - Shirehampton3
£1,50003/240.85 mi-3
£1,65002/240.85 mi-3
£1,50002/250.85 mi-3
£1,50001/250.85 mi-3
£1,50011/240.85 mi-3
£1,50006/230.95 mi-3
£1,40003/240.99 miMeadow Grove , Shirehampton, Bristol3
£1,60012/241.13 mi-3
£1,59503/251.21 mi-3
£1,57506/241.21 mi-3

Local Area Statistics

Population in BS20

30,042

Population in Bristol

795,432

Town centre distance

4.20 miles away

Nearest school

0.20 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £340,000

January 27, 2025

Listed for £350,000

October 10, 2024

Floor Plans

Description

  • Three Bedrooms +
  • One Bathroom +
  • Two Reception Rooms +
  • Large Garden +
  • Needs Renovating +
  • No Onward Chain +

CJ Hole Southville are delighted to welcome to the sales market this three bedroom property in Pill offered with NO ONWARD CHAIN.

Introducing this three-bedroom, three- storey, semi-detached house. This property offers ample space and potential but is in need of a full renovation. To the right of the front door is the first reception room featuring a bay window. The second reception is through double doors, a spacious room with plenty of natural light. Through the second reception room is the kitchen. The house includes a family bathroom that is in need of updating. This space offers a great opportunity to install modern fixtures and fittings to create a fresh and contemporary bathroom. The property features three double bedrooms over the top two storeys of the house. These rooms have the potential to be transformed into comfortable and stylish spaces. The property boasts a generously sized garden, full of trees and greenery, offering plenty of scope for landscaping, outdoor entertaining, and gardening.

Positioned in the heart of the village and within strolling distance to the local Crockerne Primary School, St Katherines Secondary School, Heywood Doctors Surgery and village shops. Central Bristol is approximately 8 miles away and the trendy Clifton shops and bars even closer.

Agent Details

CJ Hole, Southville

0117 463 0442

Next Steps?

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