3 Bed Terraced House, Refurb/BRRR, Bristol, BS15 8AX, £280,000

9 Bourne Road, Kingswood, Bristol, BS15 8AX - 3 views - 4 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+7 photos

ValuationFair Value

Sold Prices£180K - £415K
Sold Prices/m²£2.4K/m² - £5.1K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£285,600

 

 

End Value (After Refurb)

£323,175

Uplift in Value

+15%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Refurb Costs

£38,000

Bridging Loan Interest

£7,350

Total Cash In

£128,200

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£323,175

Mortgage (After Refinance)

£242,381

Mortgage LTV

75%

Cash Released

£32,381

Cash Left In

£95,819

Equity

£80,794

Rent Range

£1,200 - £3,000

Rent Estimate

£1,633

Running Costs/mo

£1,357

Cashflow/mo

£276

Cashflow/yr

£3,318

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £180K to £415K, average is £287.5K. £2.4K/m² to £5.1K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£260K07/210 mi32, Bourne Road, Bristol, City Of Bristol BS15 8AX3
£265K06/230.03 mi20, Avening Road, Bristol, City Of Bristol BS15 8AU3
£360K08/210.05 mi19, Bourne Close, Bristol, City Of Bristol BS15 8AY3
£285K12/220.06 mi55, Hillburn Road, Bristol, City Of Bristol BS5 7PN3
£250K06/210.08 mi173, Hillside Road, Bristol, City Of Bristol BS5 7PP3
£278K11/200.09 mi50, Queen Street, Kingswood, Bristol, City Of Bristol BS15 8AZ3
£235K01/210.09 mi130, Hillside Road, Bristol, City Of Bristol BS5 7PR3
£315K12/200.09 mi174, Hillside Road, Bristol, City Of Bristol BS5 7PR3
£280K05/210.09 mi136, Hillside Road, Bristol, City Of Bristol BS5 7PR3
£303K06/210.1 mi94b, Hillside Road, Bristol, City Of Bristol BS5 7PF3
£364K01/230.11 mi23, Tetbury Road, Bristol, City Of Bristol BS15 8AS3
£315K03/210.13 mi70, Two Mile Hill Road, Bristol, City Of Bristol BS15 1BW3
£345K06/210.13 mi72, Two Mile Hill Road, Bristol, City Of Bristol BS15 1BW3
£303K06/210.13 mi94b, Hillside Road, Bristol, City Of Bristol BS5 7PF3
£335K12/220.13 mi31, Brockhurst Gardens, Bristol, City Of Bristol BS15 1BX3
£283.7K06/210.15 mi224, Hillside Road, Bristol, City Of Bristol BS5 7PS3
£345K05/230.15 mi3, Gillard Road, Bristol, City Of Bristol BS15 8AR3
£276K12/200.16 mi26, Brockhurst Gardens, Bristol, City Of Bristol BS15 1BU3
£260K01/230.2 mi12, Glen Park, St George, Bristol, City Of Bristol BS5 7ND3
£245K05/210.21 mi29, Rodney Road, Bristol, City Of Bristol BS15 1EG3
£277K04/230.21 mi28, Marion Walk, Bristol, City Of Bristol BS5 8LL3
£290K03/210.22 mi29, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£290K03/210.22 mi29, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£340K03/230.22 mi31, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£290K03/210.22 mi29, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£310K09/210.22 mi71, Bell Hill Road, Bristol, City Of Bristol BS5 7LY3
£330K07/230.23 mi17, Headford Avenue, St George, Bristol, City Of Bristol BS5 8PD3
£260K04/230.24 mi7, Burchells Green Road, Bristol, City Of Bristol BS15 1DT3
£275K04/210.24 mi94, Air Balloon Road, Bristol, City Of Bristol BS5 8LF3
£275K08/210.24 mi46, Burchells Green Road, Bristol, City Of Bristol BS15 1DS3
£279K03/210.25 mi8, Rodney Avenue, Bristol, City Of Bristol BS15 1EQ3
£337.5K06/210.26 mi75, Kingsway Avenue, St George, Bristol, City Of Bristol BS5 7PY3
£260K10/200.26 mi60, Kingsway Avenue, St George, Bristol, City Of Bristol BS5 7PY3
£390K08/230.27 mi22, Whiteway Close, Bristol, City Of Bristol BS5 7QZ3
£320K02/210.27 mi42, Nags Head Hill, Bristol, City Of Bristol BS5 8LW3
£270K09/210.27 mi29, Northfield Road, Bristol, City Of Bristol BS5 8PA3
£180K11/200.28 mi24, Hilltop Gardens, St George, Bristol, City Of Bristol BS5 8LG3
£255K10/200.28 mi29, Hilltop Gardens, St George, Bristol, City Of Bristol BS5 8LG3
£327K03/210.28 mi31, Hilltop Gardens, St George, Bristol, City Of Bristol BS5 8LG3
£230K10/200.28 mi17, Hilltop Gardens, St George, Bristol, City Of Bristol BS5 8LG3
£210K04/210.28 mi36, Burchells Green Close, Bristol, City Of Bristol BS15 1DU3
£400K03/230.28 mi7, Troopers Hill Road, Bristol, City Of Bristol BS5 8BU3
£252.5K02/210.28 mi15, Troopers Hill Road, Bristol, City Of Bristol BS5 8BU3
£295K05/230.28 mi21, Troopers Hill Road, Bristol, City Of Bristol BS5 8BU3
£229.9K11/200.29 mi18, Northfield Road, Bristol, City Of Bristol BS5 8PB3
£415K11/220.29 mi105, Kingsway, St George, Bristol, City Of Bristol BS5 8NH3
£352K03/230.3 mi22, Marling Road, Bristol, City Of Bristol BS5 7LP3
£249.9K09/210.3 mi2, Marling Road, Bristol, City Of Bristol BS5 7LP3
£292.3K04/210.3 mi35, Westmead Road, Bristol, City Of Bristol BS5 8NY3
£300K11/200.3 mi1, Westmead Road, St George, Bristol, City Of Bristol BS5 8NY3

Local Rents

39 rents from £1.2K/mo to £3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,60003/240.2 miMarion Walk, St George, Bristol, BS53
£1,95012/240.21 mi-3
£3,00003/250.21 mi-3
£1,49502/250.22 mi-3
£1,34503/250.22 mi-3
£1,40003/250.27 mi-3
£1,59505/240.31 miStaplegrove Crescent, St George, Bristol3
£1,75002/250.31 mi-3
£1,60005/240.32 miMarling Road, Bristol3
£1,50004/240.34 miSherwood Road, Bristol3
£1,80005/240.35 miKingsway, St. George, Bristol3
£1,70001/250.36 mi-3
£1,75001/250.39 mi-3
£1,50004/240.4 miCharlton Road, Kingswood, Bristol3
£1,50001/250.41 mi-3
£1,45002/250.41 mi-3
£1,40003/240.41 miCharlton Road, Bristol3
£1,60003/240.45 mi-3
£1,60003/240.45 miKennard Road, Bristol, BS153
£1,50004/240.45 miKennard Road, Bristol, BS153
£1,20002/240.46 mi-3
£1,60005/240.46 miFurber Road, St George3
£1,65001/250.47 mi-3
£1,60003/240.5 miBryants Hill, Kingswood, Bristol, BS53
£1,55004/240.51 miNibletts Hill, St George3
£1,65002/240.52 mi-3
£1,75001/250.54 mi-3
£2,31004/240.56 miWoodside Road, Kingswood, Bristol, BS153
£1,70003/240.56 mi-3
£1,70003/250.56 mi-3
£1,70003/240.56 miSpeedwell Road, Bristol, BS53
£1,40004/240.58 miDundridge Gardens, St George3
£1,65012/240.59 mi-3
£1,50005/240.61 mi-3
£1,60004/240.61 miDundridge Lane, St George, Bristol3
£1,50012/240.61 mi-3
£1,50004/240.61 miBroad Road, Bristol, BS153
£2,00003/240.62 mi-3
£2,00003/240.62 miDundridge Lane, Bristol, BS53

Local Area Statistics

Population in BS15

47,398

Population in Bristol

795,432

Town centre distance

2.82 miles away

Nearest school

0.20 miles away

Nearest train station

1.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £280,000

November 13, 2024

Description

  • 1930's Style End of Terrace +
  • Three Bedrooms +
  • South Facing Garden and Garage +
  • Refurbishment Opportunity +
  • Two Separate Reception Rooms +
  • Galley Style Kitchen +

Parks Estate Agents are delighted to welcome to the market this three bedroom end terraced property in BS15. In need of some renovation but offering scope to be a wonderful family home the property benefits from a south facing garden, side access and a garage. Internal accommodation comprises of an entrance hall, two separate reception rooms, galley style kitchen and an additional room with potential to be a utility. On the first floor you will find three bedrooms and family bathroom. Externally there is a wonderful south facing garden and the added bonus of a large garage.Please call to secure your viewing slot as I think one is sure to be popular.

Agent Details

Parks Estate Agents, Bristol

0117 463 0107

Next Steps?

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