2 Bed Flat, Single Let, Bristol, BS7 0XU, £260,000

Inkerman Close, Bristol, BS7 0XU - 6 months ago

Leasehold

BTL

ROI: 3%

~70 m²

+4 photos

ValuationFair Value

Sold Prices	£158.3K - £560K
Sold Prices/m²	£2.2K/m² - £81.5K/m²

Square Metres	~70 m²
Price/m²	£3.7K/m²
Value Estimate	£262,500£262,500

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£65,000£65,000
Stamp Duty & Legal Fees	£17,200£17,200
Total Cash In	£82,200£82,200

Cash Out
Rent Range	£1,200 - £3,000£1,200 - £3,000
Rent Estimate	£1,295
Running Costs/mo	£1,092£1,092
Cashflow/mo	£204£204
Cashflow/yr	£2,442£2,442
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

33 sold prices from £158.3K to £560K, average is £230K. £2.2K/m² to £81.5K/m², average is £3.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£290K	06/21	0.02 mi	6, Azov Close, Bristol, City Of Bristol BS7 0FL	£81,461	4	2	Flat
£239.9K	02/21	0.1 mi	8, Seacole Street, Bristol, City Of Bristol BS7 0FH	£4,210	57	2	Flat
£200K	08/22	0.21 mi	86, Bishopthorpe Road, Bristol, City Of Bristol BS10 5AE	£3,030	66	2	Flat
£266K	02/23	0.22 mi	21, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QA	£4,318	62	2	Flat
£217K	02/21	0.22 mi	26, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QA	£3,145	69	2	Flat
£245K	06/23	0.22 mi	35, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QA	£4,268	57	2	Flat
£205K	06/21	0.23 mi	114, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB	£3,203	64	2	Flat
£266K	05/23	0.23 mi	114, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB	£4,156	64	2	Flat
£230K	01/21	0.23 mi	66, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB	£4,600	50	2	Flat
£280K	11/22	0.23 mi	66, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB	£5,600	50	2	Flat
£210K	02/21	0.23 mi	112, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB	£3,621	58	2	Flat
£213.5K	03/21	0.25 mi	First And Second Floor Flat, 1, Doone Road, Bristol, City Of Bristol BS7 0JQ	-	-	2	Flat
£287.5K	06/21	0.27 mi	10, Bayswater Road, Bristol, City Of Bristol BS7 0BN	£3,695	78	2	Flat
£170K	10/21	0.29 mi	6, Butterfield Close, Bristol, City Of Bristol BS10 5AY	£2,500	68	2	Flat
£158.3K	05/21	0.3 mi	Ground Floor Flat, 12, Toronto Road, Bristol, City Of Bristol BS7 0JP	£2,776	57	2	Flat
£195K	06/21	0.36 mi	15, Butterfield Road, Bristol, City Of Bristol BS10 5AX	£3,195	61	2	Flat
£560K	03/21	0.41 mi	3, Western Road, Bristol, City Of Bristol BS7 8UP	-	-	2	Flat
£172.5K	03/21	0.48 mi	Flat 11, Belmont Park, Braemar Crescent, Bristol, South Gloucestershire BS7 0TD	-	-	2	Flat
£230K	05/23	0.48 mi	93, Montreal Avenue, Bristol, City Of Bristol BS7 0NJ	£4,035	57	2	Flat
£202K	03/21	0.55 mi	Flat B, 2, Bridge Walk, Horfield, Bristol, City Of Bristol BS7 0LE	-	-	2	Flat
£275K	02/23	0.58 mi	19, Wellesley Mews, Westbury On Trym, Bristol, City Of Bristol BS10 5DJ	£3,767	73	2	Flat
£186K	02/21	0.59 mi	447, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0LL	£3,509	53	2	Flat
£195K	04/21	0.59 mi	449, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0LL	£3,250	60	2	Flat
£280K	09/21	0.63 mi	47, Church Road, Horfield, Bristol, City Of Bristol BS7 8SD	-	-	2	Flat
£202K	11/20	0.64 mi	44, Shakespeare Avenue, Bristol, City Of Bristol BS7 0NS	£3,885	52	2	Flat
£195K	02/21	0.7 mi	44, Emerson Square, Bristol, City Of Bristol BS7 0PP	£3,750	52	2	Flat
£457.5K	02/23	0.75 mi	24, Tortworth Road, Bristol, City Of Bristol BS7 9PA	£5,932	77	2	Flat
£322.5K	02/21	0.81 mi	First Floor Flat, 190, Kellaway Avenue, Bristol, City Of Bristol BS6 7YL	£3,131	103	2	Flat
£240.3K	06/21	0.81 mi	28, Ashley Down Road, Bristol, City Of Bristol BS7 9JW	-	-	2	Flat
£161K	02/21	0.81 mi	310, Greystoke Avenue, Bristol, City Of Bristol BS10 6BG	-	-	2	Flat
£172.5K	02/21	0.96 mi	18, Mardale Close, Bristol, City Of Bristol BS10 6EE	£2,240	77	2	Flat
£248K	08/21	0.98 mi	14, Clover Ground, Bristol, City Of Bristol BS9 4UF	-	-	2	Flat
£275K	01/21	0.99 mi	Garden Flat, 44, Ralph Road, Bristol, City Of Bristol BS7 9QP	£4,741	58	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£1,450	03/24	0.02 mi	Inkerman Close, Horfield	2	Flat
£1,450	03/24	0.02 mi	Inkerman Close, Horfield	2	Flat
£1,500	03/24	0.03 mi	Inkerman Close, Horfield, Bristol	2	Terraced House
£1,250	03/24	0.03 mi	Inkerman Close, Horfield, Bristol, BS7	2	Flat
£1,200	03/24	0.07 mi	Sevastopol Road, Horfield, Bristol	2	Flat
£1,250	04/24	0.07 mi	Sevastopol Road, Horfield, Bristol	2	Flat
£1,295	03/24	0.08 mi	Sevastopol Road, Horfield, Bristol	2	Flat
£1,400	03/24	0.11 mi	Dorian Road - Horfield	2	Flat
£1,300	03/24	0.16 mi	Horfield, Dorian Road, BS7 0XW	2	Flat
£1,500	03/25	0.16 mi	-	2	Semi-Detached House
£1,350	12/24	0.2 mi	-	2	Flat
£1,350	03/24	0.21 mi	Bartholomews Square, Horfield, Bristol, Avon, BS7	2	Flat
£1,325	12/24	0.22 mi	-	2	Flat
£1,295	12/24	0.22 mi	-	2	Flat
£1,295	01/24	0.22 mi	-	2	Flat
£2,485	05/24	0.26 mi	-	2	Flat
£2,299	03/25	0.26 mi	-	2	Flat
£2,485	03/24	0.26 mi	Bayswater Road, Bristol, BS7	2	Flat
£1,300	03/24	0.27 mi	Beverley Road, Horfield, Bristol, BS7	2	Flat
£1,250	03/25	0.27 mi	-	2	Flat
£1,500	03/24	0.28 mi	Boston Road, Horfield, Bristol	2	House
£1,295	03/24	0.29 mi	-	2	Terraced House
£1,295	03/24	0.29 mi	Toronto Road, Bristol, BS7	2	Terraced House
£1,450	05/24	0.33 mi	-	2	Flat
£1,450	03/24	0.33 mi	Butterfield Close, Bristol, BS10	2	Flat
£1,300	03/25	0.35 mi	-	2	Terraced House
£1,500	03/25	0.38 mi	-	2	Flat
£1,295	12/24	0.41 mi	-	2	Terraced House
£1,650	03/24	0.42 mi	St Gregorys Road, Filton	2	Flat
£1,400	01/25	0.43 mi	-	2	Flat
£1,300	03/24	0.44 mi	Reynolds Walk, Bristol	2	Flat
£1,575	03/24	0.44 mi	Muller Road, Horfield, Bristol, BS7	2	Flat
£1,300	03/24	0.47 mi	Hay Field Lane - Horfield	2	Flat
£1,700	04/24	0.47 mi	Bishopthorpe Road, Bristol	2	House
£1,300	04/24	0.48 mi	-	2	Flat
£1,300	03/24	0.48 mi	Belmont Park, Bristol, BS7	2	Flat
£1,450	03/24	0.48 mi	Filton Avenue, Horfield, Bristol	2	Flat
£1,295	04/24	0.49 mi	-	2	Flat
£1,295	03/24	0.49 mi	Southmead Road, Westbury-On-Trym, Bristol, BS10	2	Flat
£1,500	03/24	0.5 mi	Sheridan Road, Bristol	2	Flat
£1,500	03/24	0.51 mi	Northville Road, Northville, Bristol	2	Flat
£1,400	03/24	0.51 mi	Northville Road, Northville, Bristol	2	Flat
£1,250	04/24	0.52 mi	-	2	Flat
£2,900	04/24	0.52 mi	-	2	Flat
£1,400	03/24	0.53 mi	Pen Park Road, Bristol	2	Flat
£1,300	02/25	0.55 mi	-	2	Flat
£2,950	03/24	0.55 mi	Gloucester Road North, Bristol, BS7	2	Flat
£1,650	02/24	0.56 mi	-	2	Flat
£3,000	12/24	0.57 mi	-	2	Flat
£1,300	03/24	0.57 mi	Kelston Close, Westbury On Trym, Bristol, BS10	2	Flat

Local Area Statistics

Population in BS7	40,53040,530
Population in Bristol	795,432795,432
Town centre distance	1.69 miles away1.69 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	1.22 miles away1.22 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-19%-19%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+36%+36%

Property History

Price changed to £260,000

February 24, 2025

Listed for £275,000

October 14, 2024

Floor Plans

Description

Bright Open-Plan Layout +
Dual-Aspect Living Area +
South-Facing Juliet Balcony +
Two Double Bedrooms +
Master With En-Suite +
Close To Shops & Amenities +

This stunning, contemporary first-floor apartment is located in Horfield, just moments from Horfield Common, the newly renovated leisure centre, and popular family-friendly pubs.

This apartment features a bright, open-plan kitchen and living area with dual aspect outlook, flooded with natural light and opens onto a south-facing Juliet balcony.

The property includes two spacious double bedrooms, one of which is a master with an en-suite shower room, plus there is a second stylish bathroom.

The home is ideally located for easy access to Gloucester Road and the city centre, with multiple nearby bus routes.

Council Tax Band B

Leasehold Information –
Length of Lease: 999 Years From January 2010
Lease Remaining: 984 Years
Ground Rent: £20pa
Management Charge: £110.25pcm
Management Company: First Port

Agent Details

CJ Hole, Henleaze

0117 463 0437

Next Steps?

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

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