2 Bed Terraced House, Refurb/BRRR, Bristol, BS37 4JH, £210,000

Quedgeley, Yate, Bristol, Gloucestershire, BS37 4JH - 3 views - 5 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£182.5K - £294K
Sold Prices/m²£2.3K/m² - £6.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£230,000

 

 

End Value (After Refurb)

£220,000

Uplift in Value

+-4%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£8,100

Refurb Costs

£27,714

Bridging Loan Interest

£5,513

Total Cash In

£95,577

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£220,000

Mortgage (After Refinance)

£165,000

Mortgage LTV

75%

Cash Released

£7,500

Cash Left In

£88,077

Equity

£55,000

Rent Range

£950 - £1,300

Rent Estimate

£1,155

Running Costs/mo

£939

Cashflow/mo

£217

Cashflow/yr

£2,598

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £182.5K to £294K, average is £225K. £2.3K/m² to £6.3K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£197K10/200.07 mi40, Longford, Yate, Bristol, South Gloucestershire BS37 4JN2
£225K08/210.14 mi28, Prestbury, Yate, Bristol, South Gloucestershire BS37 4LB2
£221K08/210.24 mi14, Hardwicke, Yate, Bristol, South Gloucestershire BS37 4LE2
£235K11/200.37 mi14, Maybank Road, Yate, Bristol, South Gloucestershire BS37 4BS2
£265K08/210.39 mi62, Rodborough, Yate, Bristol, South Gloucestershire BS37 8SF2
£212K12/200.39 mi31, Rodborough, Yate, Bristol, South Gloucestershire BS37 8SF2
£270.8K04/230.39 mi49, Rodborough, Yate, Bristol, South Gloucestershire BS37 8SF2
£190K04/210.4 mi19, Lansdown, Yate, Bristol, South Gloucestershire BS37 4LS2
£182.5K03/210.42 mi28, Hatherley, Yate, Bristol, South Gloucestershire BS37 4LT2
£220K04/210.42 mi31, Chatterton Road, Yate, Bristol, South Gloucestershire BS37 4BJ2
£260K09/210.42 mi24, Chatterton Road, Yate, Bristol, South Gloucestershire BS37 4BJ2
£273.5K08/210.42 mi77, Chedworth, Yate, Bristol, South Gloucestershire BS37 8RZ2
£257.5K04/230.42 mi96, Chedworth, Yate, Bristol, South Gloucestershire BS37 8RZ2
£250K03/210.42 mi78, Chedworth, Yate, Bristol, Avon BS37 8RZ2
£290K04/210.44 mi9, Moorland Road, Yate, Bristol, South Gloucestershire BS37 4BZ2
£252K08/210.44 mi2, Moorland Road, Yate, Bristol, South Gloucestershire BS37 4BZ2
£215K06/210.44 mi85, Rodborough, Yate, Bristol, South Gloucestershire BS37 8SG2
£185K12/200.44 mi86, Rodborough, Yate, Bristol, South Gloucestershire BS37 8SG2
£190K06/210.44 mi51, Chedworth, Yate, Bristol, South Gloucestershire BS37 8RY2
£294K11/200.44 mi37, Chedworth, Yate, Bristol, South Gloucestershire BS37 8RY2
£260K01/230.45 mi6, Rodborough, Yate, Bristol, South Gloucestershire BS37 8SE2
£217K12/200.45 mi17, Rodborough, Yate, Bristol, South Gloucestershire BS37 8SE2
£265K07/210.47 mi23, Chedworth, Yate, Bristol, South Gloucestershire BS37 8RX2
£215K04/210.5 mi19, Sunningdale, Yate, Bristol, South Gloucestershire BS37 4HD2
£207K12/200.52 mi6, Longs Drive, Yate, Bristol, South Gloucestershire BS37 5XN2
£205K03/210.52 mi8, Longs Drive, Yate, Bristol, South Gloucestershire BS37 5XN2
£243K07/230.52 mi28, Longs Drive, Yate, Bristol, South Gloucestershire BS37 5XN2
£240K12/200.56 mi97, Dovecote, Yate, Bristol, South Gloucestershire BS37 4PB2
£225K11/200.63 mi8, Wentworth, Yate, Bristol, South Gloucestershire BS37 4DJ2
£220K02/210.63 mi12, The Willows, Yate, Bristol, Avon BS37 5XL2
£220K06/230.63 mi33, The Willows, Yate, Bristol, South Gloucestershire BS37 5XL2
£220K05/210.63 mi2, The Willows, Yate, Bristol, South Gloucestershire BS37 5XL2
£238K11/200.63 mi18, The Willows, Yate, Bristol, South Gloucestershire BS37 5XL2
£219K05/210.63 mi9, The Willows, Yate, Bristol, South Gloucestershire BS37 5XL2
£270K05/210.65 mi37, St Andrews, Yate, Bristol, South Gloucestershire BS37 4DP2
£255K04/210.65 mi19, St Andrews, Yate, Bristol, South Gloucestershire BS37 4DP2
£250K08/230.65 mi11, St Andrews, Yate, Bristol, South Gloucestershire BS37 4DP2
£290K12/220.68 mi6, Fairhaven, Yate, Bristol, South Gloucestershire BS37 4DS2
£215K04/210.68 mi136, Home Orchard, Yate, Bristol, South Gloucestershire BS37 5XG2
£219.5K06/210.68 mi133, Home Orchard, Yate, Bristol, South Gloucestershire BS37 5XG2
£240K05/230.68 mi121, Home Orchard, Yate, Bristol, South Gloucestershire BS37 5XG2
£220K02/230.68 mi144, Home Orchard, Yate, Bristol, South Gloucestershire BS37 5XG2
£245K10/200.69 mi47, Kenilworth, Yate, Bristol, South Gloucestershire BS37 4DT2
£230K03/210.72 mi15, Walton Heath, Yate, Bristol, South Gloucestershire BS37 4DR2
£209K02/210.72 mi9, Home Orchard, Yate, Bristol, South Gloucestershire BS37 5XQ2
£210K04/210.72 mi28, Home Orchard, Yate, Bristol, South Gloucestershire BS37 5XQ2
£208K02/210.74 mi128, Longs Drive, Yate, Bristol, South Gloucestershire BS37 5XP2
£225K01/210.74 mi106, Longs Drive, Yate, Bristol, South Gloucestershire BS37 5XP2
£225K02/230.75 mi51, North Road, Yate, Bristol, South Gloucestershire BS37 7PW2
£280K06/230.75 mi21, The Glen, Yate, Bristol, South Gloucestershire BS37 5PR2

Local Rents

13 rents from £950/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95012/240.35 mi-2
£1,25012/240.38 miRodborough, Yate, Bristol2
£97502/250.46 mi-2
£1,15012/240.6 miThe Willows, Yate, Bristol, Gloucestershire, BS372
£1,30012/240.69 miHome Orchard, Yate, Bristol2
£1,20012/240.8 miParnall Crescent, Yate2
£1,25012/240.87 miNormandy Drive, Yate, Bristol2
£99512/240.89 mi-2
£1,10002/250.89 mi-2
£1,10012/240.9 mi-2
£1,15007/240.9 mi-2
£1,05012/240.98 miBader Close, Yate, Bristol, BS372
£1,10012/241.02 miStation Road, Yate, Bristol, BS372

Local Area Statistics

Population in BS37

38,080

Population in Bristol

795,432

Town centre distance

8.28 miles away

Nearest school

0.40 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-21%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £210,000

December 26, 2024

Listed for £230,000

November 25, 2024

Floor Plans

Description

Plenty of space to offer and a fantastic renovation project; this 2 bedroom home with no onward chain has just become available to purchase and is a perfect opportunity to make this your home.
Benefitting from hallway, lounge, kitchen, diner, cloakroom. First floor 2 well proportioned bedrooms and shower room.
Further benefits are a garage, off street parking and gas central heating.
Yate sits on the edge of the Cotswolds and has excellent road links to the A46, the M4 (Junction 18 is approx. 6 miles away), M5 (Junction 14 is approx. 7.5 miles away), Bristol and Bath. Yate train station also provides good transport links for commuters to Bristol. The historic market town of Chipping Sodbury is only minutes’ drive (1.5 miles) where there is a bustling High Street and centrally located Waitrose store with excellent parking. Yate has a leisure centre, retail park (including cinema and restaurants) and a large shopping centre which caters for all needs. From Yate there is easy access to surrounding countryside and to the Cotswolds, Bath and Tetbury via the A46. There are also several choices of Primary and Secondary schools.

Agent Details

Taylors Estate Agents, Yate

01454 802519

Next Steps?

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