2 Bed Terraced House, Single Let, Bristol, BS3 4SP, £425,000

Margate Street, Victoria Park, Bristol, BS3 4SP - 4 months ago

BTL
~101 m²
+18 photos

ValuationFair Value

Sold Prices£135K - £477.8K
Sold Prices/m²£2.2K/m² - £5.9K/m²

 

 

Square Metres

~101 m²
Price/m²£4.2K/m²

Value Estimate

£431,098

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£33,700

Total Cash In

£139,950

 

 

Cash Out

 

Rent Range

£1,150 - £3,700

Rent Estimate

£1,200

Running Costs/mo

£1,588

Cashflow/mo

£-388

Cashflow/yr

£-4,656

Gross Yield

3%

Local Sold Prices

50 sold prices from £135K to £477.8K, average is £375.6K. £2.2K/m² to £5.9K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£370K07/230.01 mi13, Margate Street, Bristol, City Of Bristol BS3 4SP2
£347.5K05/210.02 mi26, Maidstone Street, Bristol, City Of Bristol BS3 4SW2
£407K11/210.03 mi16, Nottingham Street, Bristol, City Of Bristol BS3 4SS2
£412K02/230.03 mi21, Nottingham Street, Bristol, City Of Bristol BS3 4SS2
£376.3K04/230.07 mi1, Merioneth Street, Bristol, City Of Bristol BS3 4SL2
£378K05/210.11 mi8, Hill Avenue, Bristol, City Of Bristol BS3 4SH2
£392.5K11/200.11 mi169, Sylvia Avenue, Bristol, City Of Bristol BS3 5DA2
£345K01/210.12 mi22, Marmaduke Street, Bristol, City Of Bristol BS3 4SQ2
£390K01/230.12 mi12, Marmaduke Street, Bristol, City Of Bristol BS3 4SQ2
£225K03/210.16 mi45, St Johns Crescent, Bristol, City Of Bristol BS3 5EL2
£345K12/200.17 mi4, Montgomery Street, Bristol, City Of Bristol BS3 4SE2
£402.5K01/230.17 mi20, Montgomery Street, Bristol, City Of Bristol BS3 4SE2
£442.4K06/230.21 mi24, Stevens Crescent, Bristol, City Of Bristol BS3 4UH2
£425K03/230.22 mi13, Raymend Road, Bristol, City Of Bristol BS3 4QR2
£425K12/220.24 mi106, Oxford Street, Totterdown, Bristol, City Of Bristol BS3 4RL2
£410K05/230.26 mi23, St Lukes Crescent, Totterdown, Bristol, City Of Bristol BS3 4RZ2
£362.5K12/200.26 mi27, St Lukes Crescent, Bristol, City Of Bristol BS3 4RZ2
£390K06/210.26 mi10, Stevens Crescent, Bristol, City Of Bristol BS3 4UL2
£385K01/210.27 mi3, Windsor Terrace, Totterdown, Bristol, City Of Bristol BS3 4UF2
£440K06/230.3 mi10, Green Street, Bristol, City Of Bristol BS3 4UA2
£300K03/230.3 mi10, Stockwood Crescent, Bristol, City Of Bristol BS4 1AP2
£135K02/210.32 mi20, St Agnes Gardens, Bristol, City Of Bristol BS4 2DQ2
£145K04/210.32 mi21, St Agnes Gardens, Bristol, City Of Bristol BS4 2DQ2
£423K03/230.32 mi79, St Lukes Crescent, Totterdown, Bristol, City Of Bristol BS3 4SA2
£305K09/210.32 mi82, St Lukes Crescent, Bristol, City Of Bristol BS3 4SA2
£353K03/210.33 mi20, Henry Street, Totterdown, Bristol, City Of Bristol BS3 4UD2
£340K02/210.33 mi16, Henry Street, Totterdown, Bristol, Avon BS3 4UD2
£450K12/220.35 mi36, Somerset Terrace, Bristol, City Of Bristol BS3 4LJ2
£380K05/230.39 mi14, Algiers Street, Bristol, City Of Bristol BS3 4LP2
£390K12/200.39 mi11, Algiers Street, Bristol, City Of Bristol BS3 4LP2
£205K12/200.4 mi35, Stockwood Crescent, Bristol, City Of Bristol BS4 1AN2
£230K04/210.4 mi33, Stockwood Crescent, Bristol, City Of Bristol BS4 1AN2
£378K01/210.41 mi35, Dunford Road, Bristol, City Of Bristol BS3 4PN2
£370K06/210.41 mi8, Gwilliam Street, Bristol, City Of Bristol BS3 4LS2
£365.5K10/210.42 mi10, Bellevue Road, Totterdown, Bristol, City Of Bristol BS4 2BG2
£380K05/230.42 mi16, Bellevue Road, Totterdown, Bristol, City Of Bristol BS4 2BG2
£365.5K03/210.42 mi7, Bellevue Road, Totterdown, Bristol, City Of Bristol BS4 2BG2
£352K06/210.42 mi20, Bellevue Road, Totterdown, Bristol, City Of Bristol BS4 2BG2
£366.5K09/230.43 mi44, Stanley Hill, Bristol, City Of Bristol BS4 3BA2
£375K07/230.43 mi45, Brendon Road, Bristol, City Of Bristol BS3 4PJ2
£365K01/230.43 mi60, Stanley Hill, Bristol, City Of Bristol BS4 3BA2
£412.5K07/230.45 mi16, Fraser Street, Windmill Hill, Bristol, City Of Bristol BS3 4LY2
£477.8K06/230.46 mi39, Dunkerry Road, Bristol, City Of Bristol BS3 4LD2
£345K08/210.48 mi54, Park Street, Totterdown, Bristol, City Of Bristol BS4 3BJ2
£330K04/230.48 mi33, Quantock Road, Bristol, City Of Bristol BS3 4PG2
£437.5K01/230.48 mi45, Eldon Terrace, Bristol, City Of Bristol BS3 4PA2
£399.5K11/210.48 mi18, Park Street, Totterdown, Bristol, City Of Bristol BS4 3BL2
£390K04/230.49 mi30, Quantock Road, Bristol, City Of Bristol BS3 4PF2
£285K06/210.51 mi64, Bristol South End, Bristol, City Of Bristol BS3 5BJ2
£247K11/200.51 mi14, Sidmouth Gardens, Bristol, City Of Bristol BS3 5HE2

Local Rents

50 rents from £1.1K/mo to £3.7K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40012/240 mi-2
£1,50003/240.01 miMargate Street - Victoria Park2
£1,60004/240.03 miMaidstone Street, Victoria Park2
£1,70002/250.06 mi-2
£1,50003/240.11 miMonmouth Street, Bristol2
£1,51512/240.18 mi-2
£1,35005/240.19 mi18624268, Hill Avenue, Bristol2
£3,70001/250.2 mi-2
£3,20001/240.2 mi-2
£1,30003/240.24 miSt Johns Lane, Bedminster, BS32
£1,50002/240.26 mi-2
£1,20003/240.26 miBushy Park, Totterdown, Bristol, BS42
£1,40005/240.28 miTotterdown, Hill Street, BS3 4TS2
£1,50003/240.29 miWilliam Street - BS3 2
£1,40003/250.29 mi-2
£1,30004/240.3 miGreen Street - Totterdown2
£1,50002/240.3 mi-2
£1,55002/240.3 mi-2
£1,80004/240.31 miSomerset Terrace, Bristol, BS32
£1,80005/240.31 mi-2
£1,65004/240.31 miKensal Avenue, Bedminster, Bristol2
£1,24003/240.31 miKensal Avenue, BS32
£1,40004/240.31 mi-2
£1,30004/240.33 miBarrington Court, Winton Street, Totterdown2
£1,20004/240.33 miBarrington Court, Totterdown, Bristol2
£1,35004/240.33 miCounty Street, Bristol2
£1,15004/240.34 miFlat , Barrington Court, Winton Street, Bristol2
£1,20004/240.34 miWinton Street, BRISTOL2
£1,55003/240.34 miOrwell Street, Windmill Hill, Bristol, BS32
£1,29503/240.34 miKnowle Road, Totterdown, Bristol2
£1,35004/240.35 miThe Fox, Somerset Terrace, Bedminster, Bristol2
£1,25004/240.35 miKnowle Road, Totterdown, Bristol2
£1,40003/240.36 miAngers Road, Totterdown2
£1,35003/240.36 miCounty Street, Totterdown, Bristol, BS42
£1,32501/240.38 mi-2
£1,35003/240.4 miWells Road,Totterdown2
£1,30003/240.4 miRichmond Court - Bedminster2
£1,30003/240.4 mi18569582 New Walls, Totterdown, Bristol, BS42
£1,50005/240.4 mi-2
£1,55003/250.4 mi-2
£1,25003/240.4 miSt Johns Lane, Bedminster, Bristol, BS32
£1,25003/240.4 miSt Johns Lane, Bedminster, Bristol, BS32
£1,25005/240.4 miSt Johns Lane, Bedminster, Bristol, BS32
£1,20003/240.41 miKnowle, Wells Road, BS4 2AL2
£1,45003/250.41 mi-2
£1,30003/240.42 miBellevue Terrace, Bristol, BS42
£1,55003/240.43 miFrederick Street, Totterdown2
£1,40003/250.46 mi-2
£1,30005/240.48 miOakhill Drive, Flat 3, Bedminster, Bristol, BS32
£1,50003/240.48 mi-2

Local Area Statistics

Population in BS3

36,446

Population in Bristol

795,432

Town centre distance

2.24 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £425,000

November 24, 2024

Floor Plans

Description

  • Margate Street +
  • Two bedrooms +
  • Victorian terrace +
  • Excellent condition throughout +
  • Complete onward chain +
  • Loft space +
  • Two bathrooms +
  • Area - 81m2 +

Impeccably finished throughout, this two bedroom Victorian terrace on Margate Street is seconds away from Victoria Park and is being sold with a complete onward chain!

Overview

The layout of the house has been modified to make the space work best for modern life. Off the entrance hallway is a largely open plan ground floor with the living room area at the front and benefitting from the bay window and the dining area in the middle which provides an access to the garden and the kitchen beyond. Engineered wood flooring runs throughout, panelling that runs along the wall with a bold wallpaper above it really draws the eye! The shaker style kitchen has plenty of cupboard and counter space and includes integrated appliances. Completing the ground floor is a shower room that also houses a washing machine keeping a noisy appliance out the open plan space!

Upstairs are two double bedrooms and a second bathroom that can be accessed from either bedroom. The main bedroom is a generous size, spanning the width of the front of the house while bedroom two is still a large double room, even with the corridor that was created to access the bathroom. The bathroom itself is modern with a classical feel with metro tiling and period-style fixtures adding a touch of stylishness.

Finally, accessed via a pull-down ladder, is a loft space that was created to provide a work from home space. Kept bright thanks to two velux windows and fitted with an electric radiator to keep it warm, this is an ideal additional space.

Outside

There are gardens at the front and back of the property - the front garden provides some separation from the street while the rear garden is a low maintenance space that has plenty of room for hosting some friends for summer BBQs! There is also shed storage as well as bike storage and a very useful gate into the lane behind!

Location

Margate Street is located just off the popular Victoria Park and so is ideal for access to a large area of green space. City centre hotspots are nearby with Wapping Wharf (1.1 miles) and Finzels Reach (1.5 miles) while those needing to commute, Temple Meads is just a mile away. The local, independent shops, cafes and bars of both Totterdown and Southville are walkable. Victoria Park and St Mary Redcliffe primary schools are 0.3 miles and 0.5 miles away respectively.

We think...

This is a beautifully finished property in an excellent spot that is perfect for access to green space and the city centre!

Material information (provided by owner)

This property is freehold, the EPC rating is D and the council tax band is B.

Agent Details

Ocean, Knowle

0117 463 0105

Next Steps?

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