3 Bed Semi-Detached House, Refurb/BRRR, Bristol, BS16 4RR, £290,000

178 SOUNDWELL ROAD, STAPLE HILL, BRISTOL, BS16 4RR - 7 views - 6 months ago

Sold STC
Refurb/BRRR
ROI: 4%
83 m²
+8 photos

ValuationOvervalued

Sold Prices£218K - £460K
Sold Prices/m²£2.4K/m² - £5K/m²

 

 

Square Metres

83 m²
Price/m²£3.5K/m²

Value Estimate

£264,815

 

 

End Value (After Refurb)

£290,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Refurb Costs

£33,633

Bridging Loan Interest

£7,613

Total Cash In

£127,396

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£290,000

Mortgage (After Refinance)

£217,500

Mortgage LTV

75%

Cash Left In

£127,396

Equity

£72,500

Rent Range

£1,300 - £3,260

Rent Estimate

£1,657

Running Costs/mo

£1,258

Cashflow/mo

£399

Cashflow/yr

£4,792

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £218K to £460K, average is £288K. £2.4K/m² to £5K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£253K12/200.06 mi3, Woodland Avenue, Bristol, South Gloucestershire BS15 1PZ3
£359K01/230.07 mi121, Woodland Way, Bristol, South Gloucestershire BS15 1PY3
£235K07/210.07 mi115, Woodland Way, Bristol, City Of Bristol BS15 1PY3
£312K03/230.1 mi8, The Wickets, Kingswood, Bristol, South Gloucestershire BS15 1PU3
£282K11/200.1 mi31, Lansdown Road, Kingswood, Bristol, South Gloucestershire BS15 1XA3
£255K01/210.12 mi34a, Lansdown Road, Kingswood, Bristol, South Gloucestershire BS15 1XB3
£300K07/230.13 mi165d, Soundwell Road, Bristol, South Gloucestershire BS16 4RS3
£270K03/210.13 mi165d, Soundwell Road, Bristol, South Gloucestershire BS16 4RS3
£312K12/200.15 mi20, St Stephens Road, Bristol, South Gloucestershire BS16 4RJ3
£280K09/210.15 mi18, St Bedes Road, Bristol, City Of Bristol BS15 1QA3
£255K06/210.15 mi24, St Bedes Road, Bristol, City Of Bristol BS15 1QA3
£290K07/230.15 mi8, Crown Road, Bristol, South Gloucestershire BS15 1PP3
£250K03/210.15 mi14, Crown Road, Bristol, South Gloucestershire BS15 1PP3
£317.5K12/220.2 mi55, Clare Road, Kingswood, Bristol, City Of Bristol BS15 1PL3
£250K11/210.2 mi4, Market Square, Bristol, City Of Bristol BS16 4LE3
£312K09/210.22 mi92, Sweets Road, Bristol, South Gloucestershire BS15 1XE3
£270K11/200.22 mi52, Clare Road, Kingswood, Bristol, City Of Bristol BS15 1PJ3
£279.9K10/210.22 mi12, Clare Road, Kingswood, Bristol, City Of Bristol BS15 1PJ3
£218K02/230.23 mi54, Wesley Hill, Bristol, South Gloucestershire BS15 1TU3
£351K10/220.24 mi22, Chase Road, Bristol, South Gloucestershire BS15 1TS3
£295K06/210.25 mi11, Henshaw Walk, Bristol, City Of Bristol BS15 1QG3
£218K10/210.26 mi29, Cotswold View, Kingswood, Bristol, South Gloucestershire BS15 1TY3
£302K07/230.26 mi43, Cotswold View, Kingswood, Bristol, South Gloucestershire BS15 1TY3
£251K09/210.26 mi71, Cotswold View, Kingswood, Bristol, South Gloucestershire BS15 1TY3
£360K04/230.26 mi65, Sweets Road, Bristol, South Gloucestershire BS15 1XF3
£237.5K12/200.26 mi90, Soundwell Road, Bristol, Avon BS16 4RB3
£295K01/210.26 mi69, Spring Hill, Kingswood, Bristol, South Gloucestershire BS15 1XW3
£258.6K11/200.27 mi56, Hayward Road, Staple Hill, Bristol, South Gloucestershire BS16 4NZ3
£285K06/210.28 mi56, Clare Road, Kingswood, Bristol, City Of Bristol BS15 1PQ3
£286K04/210.28 mi19, Nympsfield, Bristol, South Gloucestershire BS15 1XP3
£460K07/220.29 mi2, Nympsfield, Bristol, South Gloucestershire BS15 1XP3
£258K09/210.3 mi11, Blackthorn Walk, Bristol, South Gloucestershire BS15 1TZ3
£279.9K03/210.3 mi19, Blackthorn Walk, Bristol, South Gloucestershire BS15 1TZ3
£330K11/210.3 mi58, Sweets Road, Bristol, South Gloucestershire BS15 1XQ3
£280K12/200.3 mi53, Hillfields Avenue, Bristol, City Of Bristol BS16 4JP3
£385.5K06/230.32 mi2, Northend Avenue, Bristol, South Gloucestershire BS15 1UD3
£335K03/230.32 mi7, Northend Avenue, Bristol, South Gloucestershire BS15 1UD3
£330K12/220.32 mi9, Northend Avenue, Bristol, South Gloucestershire BS15 1UD3
£279.9K02/230.32 mi28, Portland Street, Staple Hill, Bristol, South Gloucestershire BS16 4PT3
£360K01/230.32 mi50, The Greenway, Bristol, City Of Bristol BS16 4HT3
£255K01/230.32 mi10, Selkirk Road, Bristol, City Of Bristol BS15 1PH3
£385K05/230.33 mi98, Spring Hill, Kingswood, Bristol, South Gloucestershire BS15 1XR3
£364.3K02/230.33 mi46, Tower Road, Bristol, City Of Bristol BS15 1PG3
£260K12/210.33 mi12, Rose Walk, Bristol, City Of Bristol BS16 4JN3
£275K02/210.34 mi32, Hayward Road, Staple Hill, Bristol, South Gloucestershire BS16 4NY3
£357K08/210.34 mi78, Church Road, Soundwell, Bristol, South Gloucestershire BS16 4RG3
£325K01/210.34 mi80, Church Road, Soundwell, Bristol, South Gloucestershire BS16 4RG3
£295K09/210.35 mi2, St Stephens Close, Soundwell, Bristol, South Gloucestershire BS16 4RY3
£300K11/210.35 mi52, Syston Way, Bristol, South Gloucestershire BS15 1UJ3
£354K01/230.36 mi2, Rose Walk, Bristol, City Of Bristol BS16 4JN3

Local Rents

28 rents from £1.3K/mo to £3.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,57512/230.18 mi-3
£1,57502/240.18 mi-3
£1,55003/240.22 miClare Road, Kingswood3
£1,67503/240.25 miPembroke Road, Kingswood, Bristol3
£1,60003/240.27 miSpring Hill, Kingswood3
£1,59503/240.3 miSpring Hill, Kingswood, Bristol3
£1,30002/250.35 mi-3
£1,70004/240.35 miDownend Road- Kingswood3
£1,75004/240.36 miDownend Road, Kingswood, Bristol3
£1,42512/240.38 miCogan Road, Staple Hill, Bristol, BS16 4SX3
£1,45002/240.39 mi-3
£1,50003/250.42 mi-3
£1,55012/240.44 miStanley Park Road, Staple Hill, Bristol, BS163
£1,50004/240.47 miNorth Park, Bristol3
£1,60003/240.48 miSoundwell Road, Staple Hill3
£1,50003/240.49 miAlexandra Place3
£1,30003/240.5 miSpring Hill, Kingswood, Bristol3
£1,60011/240.51 mi-3
£1,55004/240.52 miSouthey Avenue, Kingswood, Bristol3
£1,40012/240.54 miBriar Way- Fishponds3
£1,50012/240.57 mi-3
£1,50004/240.57 miBroad Road, Bristol, BS153
£1,40003/240.58 miSeymour Road, Staple Hill3
£1,65012/240.58 mi-3
£1,65012/240.59 mi-3
£3,26002/240.61 mi-3
£1,75001/250.61 mi-3
£2,50002/240.61 mi-3

Local Area Statistics

Population in BS16

75,691

Population in Bristol

795,432

Town centre distance

3.48 miles away

Nearest school

0.20 miles away

Nearest train station

2.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £290,000

October 11, 2024

Sold for £255,000

2016

Sold for £58,000

1995

Floor Plans

Description

  • Triple Garage +
  • No Onward Chain +
  • Three Reception Rooms +
  • Spacious Garden +
  • Ideal For Families & First Time Buyers +
  • Convenient Location +

This charming bay-fronted home on Soundwell Road offers fantastic potential for first-time buyers or families looking to make a house their own.

Situated in a convenient location close to schools, shops, and amenities, the property also benefits from excellent transport links.

On the ground floor, you’ll find a spacious bay-fronted lounge, perfect for relaxation, alongside a dining room that features sliding doors leading to a bright conservatory. The kitchen offers functionality with ample opportunity for modernisation to suit your style.

Upstairs, the first floor comprises three bedrooms, including two generously sized doubles and a comfortable single, all served by a family bathroom.

Externally, the property boasts a side drive providing off-street parking and a rare triple garage at the rear, offering extensive storage or workspace, a shed gives versatility for additional storage or potential home office. A generous garden completes the home, ideal for outdoor activities and family gatherings.

This property is an excellent opportunity for those seeking to add their personal touch to a family home in a prime location.

Council Tax Band - C
EPC Rating - TBC
Freehold

Agent Details

CJ Hole, Downend

0117 463 1588

Next Steps?

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