4 Bed Detached House, Single Let, Bristol, BS20 8RD, £475,000

Tower Road, Portishead, BS20 8RD - 5 months ago

BTL
~142 m²
+22 photos

ValuationUndervalued

Sold Prices£389.9K - £1.2M
Sold Prices/m²£2.5K/m² - £17.2K/m²

 

 

Square Metres

~142 m²
Price/m²£3.3K/m²

Value Estimate

£586,903
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£36,200

Total Cash In

£154,950

 

 

Cash Out

 

Rent Range

£1,250 - £2,395

Rent Estimate

£1,359

Running Costs/mo

£1,776

Cashflow/mo

£-417

Cashflow/yr

£-5,006

Gross Yield

3%

Local Sold Prices

50 sold prices from £389.9K to £1.2M, average is £545.5K. £2.5K/m² to £17.2K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£475K08/230.05 mi15, Tower Road, Portishead, Bristol, North Somerset BS20 8RE4
£512K07/230.05 mi7, Tower Road, Portishead, Bristol, North Somerset BS20 8RE4
£422K05/230.08 mi1, High View, Portishead, Bristol, North Somerset BS20 8RF4
£590K04/230.09 mi5, Manor Close, Portishead, Bristol, North Somerset BS20 8NX4
£486.5K08/230.11 mi6, Downleaze, Portishead, Bristol, North Somerset BS20 8BJ4
£568.5K01/210.11 mi55, Down Road, Portishead, Bristol, North Somerset BS20 8RB4
£398K01/210.12 mi22, Merlin Park, Portishead, Bristol, North Somerset BS20 8RN4
£405K01/210.12 mi24, Merlin Park, Portishead, Bristol, North Somerset BS20 8RN4
£430K01/210.12 mi80, Merlin Park, Portishead, Bristol, North Somerset BS20 8RN4
£565K08/230.12 mi60, Merlin Park, Portishead, Bristol, North Somerset BS20 8RN4
£445K03/230.17 mi146, Merlin Park, Portishead, Bristol, North Somerset BS20 8RW4
£535K04/230.18 mi4, Bedwin Close, Portishead, Bristol, North Somerset BS20 8BY4
£507.5K04/210.2 mi25, Denny View, Portishead, Bristol, North Somerset BS20 8BT4
£465K01/210.22 mi6, Monmouth Close, Portishead, Bristol, North Somerset BS20 8BZ4
£540K03/230.22 mi12, Monmouth Close, Portishead, Bristol, North Somerset BS20 8BZ4
£416.5K03/210.26 mi7, The Deans, Portishead, Bristol, Avon BS20 6EG4
£551K07/210.27 mi69, Drakes Way, Portishead, Bristol, North Somerset BS20 6LD4
£552K02/210.27 mi37, Drakes Way, Portishead, Bristol, North Somerset BS20 6LD4
£475K12/200.27 mi5, Newport Close, Portishead, Bristol, North Somerset BS20 8DD4
£635K05/210.29 mi5, Cabot Rise, Portishead, Bristol, North Somerset BS20 6NX4
£657K06/210.29 mi15, Cabot Rise, Portishead, Bristol, North Somerset BS20 6NX4
£500K06/210.3 mi14, Brackenwood Gardens, Portishead, Bristol, North Somerset BS20 8FD4
£1.2M01/230.31 mi4, Nichols Road, Portishead, Bristol, North Somerset BS20 8DT4
£675K04/230.34 mi47, The Downs, Portishead, Bristol, North Somerset BS20 6EE4
£555K07/230.34 mi99, The Downs, Portishead, Bristol, North Somerset BS20 6EE4
£570K01/210.34 mi109, The Downs, Portishead, Bristol, North Somerset BS20 6EE4
£456K12/220.35 mi40, The Deans, Portishead, Bristol, North Somerset BS20 6EQ4
£389.9K03/210.35 mi9, Mendip Road, Portishead, Bristol, North Somerset BS20 6DA4
£425K01/210.37 mi4, Lower Down Road, Portishead, Bristol, North Somerset BS20 6PF4
£760K09/210.37 mi9, Nichols Road, Portishead, Bristol, North Somerset BS20 8DT4
£1.2M03/230.37 mi17, Nichols Road, Portishead, Bristol, North Somerset BS20 8DT4
£505K01/210.37 mi222, Down Road, Portishead, Bristol, North Somerset BS20 8DG4
£410K09/230.38 mi5, Quantock Road, Portishead, Bristol, North Somerset BS20 6DR4
£625K02/230.38 mi21, Frobisher Avenue, Portishead, Bristol, North Somerset BS20 6XB4
£507.5K06/210.38 mi5, Frobisher Avenue, Portishead, Bristol, North Somerset BS20 6XB4
£455K11/200.38 mi29, Frobisher Avenue, Portishead, Bristol, North Somerset BS20 6XB4
£600K05/230.39 mi60, Hillcrest Road, Portishead, Bristol, North Somerset BS20 8HP4
£861K10/210.4 mi55, Hillcrest Road, Portishead, Bristol, North Somerset BS20 8HN4
£425K09/230.41 mi30, Quantock Road, Portishead, Bristol, North Somerset BS20 6DP4
£995K12/220.41 miSandstones, Belton Road, Portishead, Bristol, North Somerset BS20 8DR4
£566K01/230.43 mi105, The Downs, Portishead, Bristol, North Somerset BS20 6EE4
£800K05/210.44 mi6, Riverleaze, Portishead, Bristol, North Somerset BS20 8EA4
£831K11/210.46 mi238, Down Road, Portishead, Bristol, North Somerset BS20 8HU4
£450K02/210.46 mi34, Nore Park Drive, Portishead, Bristol, North Somerset BS20 8EB4
£568K07/230.46 mi13, Raleigh Rise, Portishead, Bristol, North Somerset BS20 6LA4
£620K02/210.46 mi2, Raleigh Rise, Portishead, Bristol, North Somerset BS20 6LA4
£389.9K11/200.47 mi301, Nore Road, Portishead, Bristol, North Somerset BS20 8EN4
£647.5K10/210.47 mi96, Nore Road, Portishead, Bristol, North Somerset BS20 8EN4
£1.2M05/210.49 miNore Park Cottage, Pinecroft, Portishead, Bristol, North Somerset BS20 8ED4
£636.5K03/230.49 mi249, Down Road, Portishead, Bristol, North Somerset BS20 8HY4

Local Rents

10 rents from £1.3K/mo to £2.4K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,65011/240.06 mi-3
£1,42503/240.13 miMerlin Park, Portishead3
£1,50004/240.26 miLindsey Close - Portishead3
£1,25012/240.27 miPolden Road, Portishead, Bristol3
£1,95003/250.28 mi-4
£1,50003/240.51 miBadger Rise, Portishead3
£1,49512/240.53 miBadger Rise - Portishead3
£1,35007/240.57 mi-3
£2,39512/240.57 mi-3
£1,60003/240.62 miSevern Road - Portishead4

Local Area Statistics

Population in BS20

30,042

Population in Bristol

795,432

Town centre distance

8.64 miles away

Nearest school

0.10 miles away

Nearest train station

4.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £475,000

March 24, 2025

Listed for £485,000

November 14, 2024

Floor Plans

Description

  • Tower Road +
  • Portishead +
  • 4 bedrooms +
  • Master with En-suite +
  • South/west facing garden +
  • Newly fitted kitchen +
  • Garage & Driveway +
  • EPC - TBC +

This stunning 4-bedroom detached house is located on the sought-after Tower Road and is just steps away from High Down Primary School.

Overview

Upon entering, you will be pleasantly surprised by the spacious entrance hall. The ground floor features a large lounge, a w/c, an integral garage door, and a modern open plan kitchen diner with ample space for a sofa area. The kitchen is equipped with gray units, a built-in oven, hob, dishwasher, washing machine, and extra room for appliances. French doors from the dining room lead out to the garden.

Upstairs, there are 4 generously-sized bedrooms, with 3 of them being double bedrooms. The master bedroom boasts a fitted wardrobe and an en-suite bathroom. Additionally, there is a large airing cupboard and a family shower room located off the landing.

Outside

The house features a large, private garden facing south westerly, ideal for enjoying the outdoors with grassy areas and a patio. In addition, the property includes a small front garden and a driveway with space for two vehicles.

Location

This wonderful home is situated within a short walk to the popular High Down School, Merlin Park playing fields and local shops on Avon Way.

We think...

This home is ideal for a professional couple or a young family ready to establish roots. With tasteful updates throughout, the house is move-in ready.

Material information (provided by owner)

Freehold. Council tax band D

Agent Details

Ocean, Portishead

01275 402899

Next Steps?

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