2 Bed Flat, Single Let, Bristol, BS20 7NG, £255,000

9 Siskin Close, Bristol, North Somerset, BS20 7NG - 3 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 2%
66 m²
+9 photos

ValuationUndervalued

Sold Prices£107.5K - £517K
Sold Prices/m²£1.9K/m² - £6.1K/m²

 

 

Square Metres

65.55 m²
Price/m²£3.9K/m²

Value Estimate

£270,642
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£63,750

Stamp Duty & Legal Fees

£9,100

Total Cash In

£72,850

 

 

Cash Out

 

Rent Range

£1,090 - £1,650

Rent Estimate

£1,150

Running Costs/mo

£1,047

Cashflow/mo

£103

Cashflow/yr

£1,238

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £107.5K to £517K, average is £275K. £1.9K/m² to £6.1K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£275K11/220.04 mi79, Phoenix Way, Portishead, Bristol, North Somerset BS20 7FG2
£210K10/210.07 mi10, Goldcrest Way, Portishead, Bristol, North Somerset BS20 7ND2
£113.5K03/230.07 mi4, Goldcrest Way, Portishead, Bristol, North Somerset BS20 7ND2
£200K09/230.2 miWaverley Court, 20, Forth Avenue, Portishead, Bristol, North Somerset BS20 7NY2
£107.5K04/210.22 mi105, Forth Avenue, Portishead, Bristol, North Somerset BS20 7NQ2
£295K11/200.3 mi133, Wren Gardens, Portishead, Bristol, North Somerset BS20 7PP2
£207.5K04/210.33 mi37, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£265K11/220.33 mi25, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£215K02/210.33 mi39, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£245K12/200.33 mi109, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£355K07/210.35 mi28, Kittiwake Drive, Portishead, Bristol, North Somerset BS20 7PL2
£272.5K04/210.35 mi59, Kittiwake Drive, Portishead, Bristol, North Somerset BS20 7PL2
£240K02/210.35 mi45, Kittiwake Drive, Portishead, Bristol, North Somerset BS20 7PL2
£215K08/230.37 mi26, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QE2
£250K02/210.4 mi194, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7PT2
£500K11/200.41 mi425, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£260K06/230.42 mi120, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7PT2
£290K11/220.44 mi18, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QJ2
£217K10/200.44 mi123, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£242K12/210.44 mi114, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£263K10/210.44 mi105, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£344K02/230.44 mi40, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£275K06/230.44 mi33, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£230K12/210.45 mi106, Merchant Square, Portishead, Bristol, North Somerset BS20 7PE2
£268K12/200.45 mi41, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£278K04/210.45 mi56, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£285K01/210.45 mi43, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£517K10/200.47 mi407, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£330K10/200.47 mi397, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£333K02/210.47 mi385, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£325K06/230.47 mi333, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£260K03/210.5 mi557, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QF2
£455K03/210.53 mi8, Lockside Square, Portishead, Bristol, North Somerset BS20 7AH2
£410K08/230.53 mi5, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£425K03/230.53 mi6, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£350K01/210.53 mi4, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£360K02/230.53 mi33, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£385K11/220.53 mi32, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£425K11/200.53 miFlat 19, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£330K04/210.53 miFlat 33, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£410K10/230.53 miFlat 31, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£290K03/230.55 mi35, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£255K12/200.55 mi32, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£220K01/210.55 mi28, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£237.5K01/210.55 mi49, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£275K12/200.55 mi48, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£430K09/230.55 mi56, Lockside, Portishead, Bristol, North Somerset BS20 7AF2
£291K04/210.55 mi61, Lockside, Portishead, Bristol, North Somerset BS20 7AF2
£286K02/230.57 mi1, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£235K10/200.57 mi3, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2

Local Rents

29 rents from £1.1K/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30003/240.18 miCamomile Walk, Portishead2
£1,25012/240.2 miForth Avenue - Portishead2
£1,30003/240.29 miForth Avenue, Portishead, Bristol, Somerset, BS202
£1,20003/240.32 miGuillemot Road, Portishead2
£1,25012/240.32 miGuillemot Road, Portishead2
£1,15012/240.33 miGuillemot Road, Portishead, North Somerset, BS202
£1,30003/240.35 miKittiwake Drive, Portishead, BRISTOL2
£1,15003/240.35 miKittiwake Drive, Portishead, North Somerset, BS202
£1,20003/240.36 miNavigators Court - Portishead Marina2
£1,15003/240.37 miBPC02202 Pennant Place, Bristol2
£1,20004/240.37 miNewfoundland Way, Portishead, North Somerset, BS202
£1,20012/240.37 miNewfoundland Way, Portishead, North Somerset, BS202
£1,40003/250.4 mi-2
£1,35012/240.41 miKeel Avenue, Portishead, Bristol, BS202
£1,25003/250.43 mi-2
£1,30002/250.44 mi-2
£1,25012/240.45 miMerchant Square - Portishead2
£1,37512/240.45 miNewfoundland Way, Portishead, Bristol, Somerset, BS202
£1,29503/240.5 miNewfoundland Way - Portishead Marina2
£1,45012/240.5 miNewfoundland Way, Portishead2
£1,29503/240.5 miNewfoundland Way - Portishead Marina2
£1,09012/240.52 miEstuary House, Lower Burlington Road, Portishead, BS202
£1,20012/240.52 miWaters Edge, Port Marine, Portishead, BS202
£1,20012/240.53 miCentre Quay, Lower Burlington Road, Portishead, North Somerset, BS202
£1,65012/240.53 miLockside, Portishead, North Somerset, BS202
£1,20012/240.57 mi-2
£1,25001/250.57 mi-2
£1,30003/240.57 miEastcliff - Portishead Marina2
£1,27512/240.59 miEastcliff - Portishead Marina2

Local Area Statistics

Population in BS20

30,042

Population in Bristol

795,432

Town centre distance

7 miles away

Nearest school

0.20 miles away

Nearest train station

2.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £255,000

October 16, 2024

Sold for £175,000

2015

Sold for £149,950

2006

Floor Plans

Description

  • Siskin Close +
  • Portishead +
  • First floor apartment +
  • 2 Double bedrooms +
  • Kitchen/dining/living +
  • Balcony +
  • Village quarter +
  • Off Street Parking +
  • Leasehold +
  • EPC - B +

A well presented 2 double bedroom first floor apartment on Siskin Close with balcony, off street parking and sold with no onward chain.

Overview

As you enter the apartment, there is an entrance hall with storage cupboard and access to all rooms. The large open plan kitchen/dining/living room measures 21'11, the kitchen has integrated gas hob, oven with space for appliances and the living area has double doors accessing the balcony, where you can sit out and enjoy the views. There are two double bedrooms, one with fitted wardrobe and a 3 piece family bathroom suite located off the hallway to complete the internal accommodation.

Outside

There is a balcony looking down Phoenix Way, and an allocated off street parking space.

Location

Situated in the popular Village Quarter, on the edge of the beautiful Nature Reserve where you can enjoy wonderful walks. The Marina is within a 10 minute walk where you can enjoy a variety of shops, cafe's and restaurants.

We think...

This is perfect for first time buyers looking to get on the housing ladder. Will also appeal to buy to let investors and those looking at downsizing, with its prime Marina and Nature Reserve location.

Material information (provided by owner)

Leasehold. Management charge is £143.70 per month. Ground rent charge is £150 per year. There is a 125 year lease starting from 1st February 2008, so has 109 years remaining.

Agent Details

Ocean, Portishead

01275 402899

Next Steps?

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