3 Bed Terraced House, Refurb/BRRR, Bristol, BS37 4LT, £245,000

42 Hatherley, Bristol, South Gloucestershire, BS37 4LT - 6 views - 5 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 4%
79 m²
+15 photos

ValuationOvervalued

Sold Prices£200K - £311K
Sold Prices/m²£2.1K/m² - £3.6K/m²

 

 

Square Metres

79 m²
Price/m²£3.1K/m²

Value Estimate

£230,485

 

 

End Value (After Refurb)

£245,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£8,550

Refurb Costs

£32,145

Bridging Loan Interest

£6,431

Total Cash In

£110,126

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£245,000

Mortgage (After Refinance)

£183,750

Mortgage LTV

75%

Cash Left In

£110,126

Equity

£61,250

Rent Range

£1,300 - £1,800

Rent Estimate

£1,426

Running Costs/mo

£1,071

Cashflow/mo

£355

Cashflow/yr

£4,262

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £200K to £311K, average is £240K. £2.1K/m² to £3.6K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£226K11/210.04 mi19, Hatherley, Yate, Bristol, South Gloucestershire BS37 4LT3
£200K12/200.04 mi67, Hatherley, Yate, Bristol, South Gloucestershire BS37 4LU3
£245K11/210.08 mi187, Glenfall, Yate, Bristol, South Gloucestershire BS37 4ND3
£235K08/210.08 mi160, Glenfall, Yate, Bristol, South Gloucestershire BS37 4ND3
£230K01/210.08 mi171, Glenfall, Yate, Bristol, South Gloucestershire BS37 4ND3
£245K03/230.08 mi171, Glenfall, Yate, Bristol, South Gloucestershire BS37 4ND3
£290K05/230.12 mi6, St Briavels Drive, Yate, Bristol, South Gloucestershire BS37 4EZ3
£285K11/220.12 mi16, St Briavels Drive, Yate, Bristol, South Gloucestershire BS37 4EZ3
£218K05/210.13 mi31, Chatcombe, Yate, Bristol, South Gloucestershire BS37 4JD3
£250K04/210.15 mi277, Sundridge Park, Yate, Bristol, South Gloucestershire BS37 4HA3
£265K11/210.15 mi219, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TS3
£249.9K09/210.15 mi199, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TS3
£268K06/230.16 mi23, Sandy Lodge, Yate, Bristol, South Gloucestershire BS37 4HE3
£220K06/230.16 mi69, Woodmancote, Yate, Bristol, South Gloucestershire BS37 4LJ3
£238K01/210.18 mi199, Bredon, Yate, Bristol, South Gloucestershire BS37 8TQ3
£233K10/210.19 mi2, Glenfall, Yate, Bristol, South Gloucestershire BS37 4LX3
£240K03/210.19 mi117, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TW3
£266K10/200.2 mi91, Dovecote, Yate, Bristol, South Gloucestershire BS37 4PB3
£231K12/200.22 mi194, Harescombe, Yate, Bristol, South Gloucestershire BS37 8UG3
£285K01/230.22 mi69, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TL3
£240K11/200.22 mi19, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TH3
£235K03/210.22 mi25, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TH3
£228.5K04/210.22 mi84, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TL3
£220K04/210.22 mi83, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TL3
£285K01/230.22 mi79, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TL3
£240K12/200.22 mi19, Harescombe, Yate, Bristol, South Gloucestershire BS37 8UA3
£230K11/200.23 mi57, Bredon, Yate, Bristol, South Gloucestershire BS37 8TB3
£215K11/210.24 mi153, Bredon, Yate, Bristol, South Gloucestershire BS37 8TF3
£235K09/210.24 mi129, Bredon, Yate, Bristol, South Gloucestershire BS37 8TF3
£235K11/200.24 mi144, Bredon, Yate, Bristol, South Gloucestershire BS37 8TF3
£227.5K12/200.24 mi140, Bredon, Yate, Bristol, South Gloucestershire BS37 8TF3
£240K10/210.25 mi144, Harescombe, Yate, Bristol, South Gloucestershire BS37 8UF3
£210K11/200.25 mi44, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TJ3
£230K10/200.25 mi54, Blaisdon, Yate, Bristol, Avon BS37 8TJ3
£230K01/210.25 mi53, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TJ3
£249.9K04/230.25 mi55, Blaisdon, Yate, Bristol, South Gloucestershire BS37 8TJ3
£242K02/230.25 mi122, Harescombe, Yate, Bristol, South Gloucestershire BS37 8UE3
£256K09/210.26 mi91, Harescombe, Yate, Bristol, South Gloucestershire BS37 8UD3
£220K03/230.26 mi73, Harescombe, Yate, Bristol, South Gloucestershire BS37 8UD3
£262K05/230.27 mi20, Birkdale, Yate, Bristol, South Gloucestershire BS37 4EX3
£233K03/210.27 mi20, Birkdale, Yate, Bristol, South Gloucestershire BS37 4EX3
£295K06/230.27 mi6, Birkdale, Yate, Bristol, South Gloucestershire BS37 4EX3
£237K01/210.27 mi132, Harescombe, Yate, Bristol, South Gloucestershire BS37 8UE3
£253K06/210.28 mi124, Woodchester, Yate, Bristol, South Gloucestershire BS37 8TU3
£265K06/230.28 mi74, Bredon, Yate, Bristol, South Gloucestershire BS37 8TD3
£250K09/210.29 mi118, Bredon, Yate, Bristol, South Gloucestershire BS37 8TE3
£205K12/200.29 mi114, Bredon, Yate, Bristol, South Gloucestershire BS37 8TE3
£258K07/210.29 mi104, Bredon, Yate, Bristol, South Gloucestershire BS37 8TE3
£258K11/210.3 mi76, St Briavels Drive, Yate, Bristol, South Gloucestershire BS37 4HT3
£311K05/230.3 mi31a, Brookthorpe, Yate, Bristol, South Gloucestershire BS37 4HX3

Local Rents

17 rents from £1.3K/mo to £1.8K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30012/240.05 mi-3
£1,35012/240.11 miBlaisdon, Yate3
£1,40004/250.13 mi-3
£1,30012/240.21 miHarescombe, Yate, BRISTOL, BS373
£1,30012/240.31 miChargrove, Yate, South Gloucestershire, BS37 3
£1,39501/250.34 mi-3
£1,39512/240.39 miSlimbridge Close, Yate3
£1,30012/240.43 mi-3
£1,40009/240.44 mi-3
£1,80002/240.45 mi-3
£1,59512/240.45 mi-3
£1,37512/240.46 miCherington, Yate3
£1,40012/240.52 mi-3
£1,32612/240.57 mi-3
£1,32609/240.57 mi-3
£1,60012/240.62 mi-3
£1,50009/240.62 mi-3

Local Area Statistics

Population in BS37

38,080

Population in Bristol

795,432

Town centre distance

8.49 miles away

Nearest school

0.30 miles away

Nearest train station

0.88 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-21%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £245,000

October 21, 2024

Sold for £42,000

1997

Floor Plans

Description

  • Three bedrooms +
  • Garage +
  • In need of updating +
  • End of terrace +
  • Bay window to the side +
  • Rear garden +
  • Council tax band B +

This three bedroom end of terrace house has a lovely outlook to the front and side, with a bay window overlooking the green. The property has a garage situated in a block and is in need of updating.
The layout comprises entrance hall with under stairs cupboard, open plan dual aspect lounge / diner with patio doors to the rear, kitchen with door to the garden. Three bedrooms on the first floor, family bathroom, airing cupboard and loft access. At the rear of the house is an enclosed garden with seating area and lawn, the rear gate then leads down to the garage situated in a block.

Agent Details

Andrews Estate Agents, Yate

01454 802685

Next Steps?

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