2 Bed Flat, Single Let, Bristol, BS3 4DT, £225,000

Griffon House, Church Road, Bedminster, BS3 4DT - 2 views - 4 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£206K - £850K
Sold Prices/m²£2.6K/m² - £7.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£281,250
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£995 - £3,200

Rent Estimate

£1,188

Running Costs/mo

£961

Cashflow/mo

£227

Cashflow/yr

£2,727

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £206K to £850K, average is £280K. £2.6K/m² to £7.9K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£215K10/210.04 miFlat 2, Warden Court, Warden Road, Bristol, City Of Bristol BS3 1BQ2
£260K02/210.05 miApartment 2014, The Robinson Building, Norfolk Place, Bristol, City Of Bristol BS3 4AE2
£272K03/230.05 miApartment 1006, The Robinson Building, Norfolk Place, Bristol, City Of Bristol BS3 4AE2
£315K12/220.05 miApartment 2007, The Robinson Building, Norfolk Place, Bristol, City Of Bristol BS3 4AE2
£270K03/230.05 miApartment 5015, The Robinson Building, Norfolk Place, Bristol, City Of Bristol BS3 4AX2
£230K03/230.06 miGround Floor Flat, 40, Warden Road, Bristol, City Of Bristol BS3 1BU2
£280K03/210.06 miUpper Maisonette, 28, Warden Road, Bristol, City Of Bristol BS3 1BU2
£220K10/200.1 mi48, Malago Road, Bristol, City Of Bristol BS3 4JR2
£241.3K02/210.15 miFlat C, 15, Dean Lane, Bristol, City Of Bristol BS3 1DB2
£206K02/210.2 miFlat 1, Collards Mews, Braunton Road, Bristol, City Of Bristol BS3 3AA2
£287.5K06/210.26 mi15b, Southville Place, Bristol, City Of Bristol BS3 1AW2
£265K09/210.33 miGround Floor Flat, 102, Stackpool Road, Bristol, Avon BS3 1NW2
£262K09/210.37 miGround Floor Flat, 332, St Johns Lane, Bristol, City Of Bristol BS3 5BA2
£280K03/230.39 mi23, Bedminster Road, Bristol, City Of Bristol BS3 5PE2
£207K07/210.41 mi1, Bristol South End, Bristol, City Of Bristol BS3 5BH2
£285K05/230.41 miFlat 42, Squires Court, Bedminster Parade, Bristol, City Of Bristol BS3 4BX2
£275K06/230.42 miFlat 15, Pages Court, Ireton Road, Bristol, City Of Bristol BS3 3AW2
£265K01/230.43 mi41, Dickinsons Fields, Bristol, City Of Bristol BS3 5BG2
£380K09/210.44 miFlat 3, Perretts Court, Cumberland Road, Bristol, City Of Bristol BS1 6UF2
£395K01/210.44 miFlat 2, Perretts Court, Cumberland Road, Bristol, City Of Bristol BS1 6UF2
£362.5K05/210.44 miFlat 21, Perretts Court, Cumberland Road, Bristol, City Of Bristol BS1 6UF2
£375K11/200.44 miFlat 20, Perretts Court, Cumberland Road, Bristol, City Of Bristol BS1 6UF2
£248K07/210.45 mi89, Bristol South End, Bristol, City Of Bristol BS3 5BJ2
£210K11/200.45 mi33, Doudney Court, Bedminster, Bristol, City Of Bristol BS3 4AP2
£320.5K01/210.46 miFlat 6, Daubeny Court, Draycot Place, Bristol, City Of Bristol BS1 4RE2
£220K01/210.46 mi188b, North Street, Bedminster, Bristol, City Of Bristol BS3 1JF2
£257K01/230.49 mi110, Bristol South End, Bristol, City Of Bristol BS3 5BL2
£235K03/230.49 mi105, Bristol South End, Bristol, City Of Bristol BS3 5BL2
£258.8K09/210.5 mi77, Garnet Street, Bristol, City Of Bristol BS3 3JS2
£215K02/210.53 mi188a, West Street, Bedminster, Bristol, City Of Bristol BS3 3NB2
£248.2K09/210.55 mi1, Ashgrove Road, Bedminster, Bristol, City Of Bristol BS3 3JP2
£318.5K12/200.57 miSecond And Third Floor Maisonette, 164, Coronation Road, Southville, Bristol, City Of Bristol BS3 1RF2
£315K04/210.65 miFlat 8, Invicta, Millennium Promenade, Bristol, City Of Bristol BS1 5SW2
£300K11/200.68 miFlat 13, Great Eastern House, Gas Ferry Road, Bristol, City Of Bristol BS1 6GP2
£850K09/210.69 miFlat 35, The Custom House, Redcliff Backs, Bristol, City Of Bristol BS1 6NE2
£340K10/200.7 miFlat 10, The Metropolitan, Redcliff Backs, Bristol, City Of Bristol BS1 6NN2
£375K01/210.71 mi14, Queen Quay, Bristol, City Of Bristol BS1 4SL2
£216K09/210.72 miFlat 24, Corinthian Court, Redcliff Mead Lane, Bristol, City Of Bristol BS1 6FE2
£300K08/210.73 mi77a, Richmond Street, Bristol, City Of Bristol BS3 4TL2
£270K07/210.73 miFlat 6, Guild Court, Redcliff Backs, Bristol, City Of Bristol BS1 6HX2
£265.5K10/210.74 miFlat 10, Guild Court, Redcliff Backs, Bristol, City Of Bristol BS1 6HX2
£290K07/210.74 miFlat 25, Meredith Court, Canada Way, Bristol, City Of Bristol BS1 6XX2
£315K01/230.74 mi21, Partition Street, Bristol, City Of Bristol BS1 5QJ2
£380K05/210.74 mi41, Deanery Road, Bristol, City Of Bristol BS1 5QH2
£310K01/210.74 mi9, Deanery Road, Bristol, City Of Bristol BS1 5QH2
£350K02/210.74 mi107, Deanery Road, Bristol, City Of Bristol BS1 5QH2
£377.5K06/210.75 mi129, Deanery Road, Bristol, City Of Bristol BS1 5QH2
£395K02/230.75 mi35, Deanery Road, Bristol, City Of Bristol BS1 5QH2
£315K03/210.75 miFlat 11, The Mill House, Ferry Street, Bristol, Avon BS1 6HH2
£400K03/230.75 mi68, Deanery Road, Bristol, City Of Bristol BS1 5AF2

Local Rents

50 rents from £995/mo to £3.2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.04 mi-2
£1,80001/250.04 mi-2
£3,20003/240.04 miNorfolk Place, Bristol, BS32
£1,50003/240.05 miRobinson Building, Bedminster2
£1,25012/240.06 mi-2
£1,40003/240.06 miEast Street - BS32
£1,30004/240.07 mi-2
£1,40003/240.07 miEast Street - BS32
£1,65004/240.09 miBedminster, Malago Rise, BS3 4EH2
£1,65004/240.09 miBedminster, Malago Rise, BS3 4EH2
£1,65004/240.09 miBedminster, Malago Rise, BS3 3BS2
£1,65004/240.09 miBedminster, Malago Rise, BS3 3BS2
£1,15003/240.1 miCannon Street, Bedminster, BRISTOL2
£1,35005/240.1 miMalago Road, Bedminster, BS32
£1,35005/240.1 miMalago Road, Bedminster, BS32
£1,40012/240.1 mi-2
£1,90005/240.13 miVictoria Place, Bristol, BS32
£1,90005/240.13 mi-2
£1,30001/240.14 mi-2
£1,30002/250.14 mi-2
£1,60003/240.15 mi-2
£1,52505/240.15 miLombard Place2
£1,50012/240.16 miBedminster, British Road, BS3 3BS2
£1,40003/240.16 miDean Lane, Southville, Bristol2
£1,90003/240.17 miMerrywood Road, Bristol, BS32
£1,25003/240.17 miClyde Terrace, Bedminster, Bristol, BS32
£1,20012/240.17 mi-2
£1,50003/240.18 miSouthville, Bristol, BS32
£1,55004/240.19 miLangton Park, Southville, Bristol, BS32
£1,55004/240.19 miLangton Park, Southville, Bristol, BS32
£1,55004/240.19 mi-2
£1,47005/240.19 mi-2
£1,55005/240.19 mi-2
£1,50003/250.2 mi-2
£99503/240.2 mi-2
£1,25004/240.2 mi-2
£1,25003/240.2 miCompass House, Bedminster, Bristol, BS32
£1,20004/240.2 miBedminster, Bristol, BS3N/A
£1,25003/240.2 mi-2
£1,20004/240.2 mi-2
£1,40003/250.2 mi-2
£1,35003/240.22 miBedminster Parade, Bristol2
£1,65010/230.22 miMerrywood Close,Southville,Bristol,BS32
£1,25003/240.22 miBedminster, Linden Quarter, BS3 3NP2
£1,25003/240.22 miBedminster, Linden Quarter, BS3 3NP2
£1,35005/240.23 miCotswold Road, BS32
£1,35003/240.23 miCotswold Road, BS32
£2,00004/240.23 miTobacco Store, St. John's Road, Southville, Bristol, BS32
£1,40005/240.24 miNorth Street, Southville, Bristol, BS32
£1,69505/240.24 miBartley Street, Bedminster2

Local Area Statistics

Population in BS3

36,446

Population in Bristol

795,432

Town centre distance

2.09 miles away

Nearest school

0.20 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-4%

Sales demand

Seller's market

Capital growth (5yrs)

+31%

Property History

Listed for £225,000

November 26, 2024

Floor Plans

Description

  • Griffon House, Bedminster +
  • Ground floor 2 bedroom apartment +
  • Entrance hall +
  • Lounge / kitchen +
  • Bathroom +
  • Close to local shops +
  • Communal Bike Store & Bin Store +
  • No Chain +

A spacious ground floor 2 bedroom apartment situated in the popular location of BS3

Overview

Flat 5, Griffon House is situated on the ground floor and includes a hallway, a kitchen / living room, utility cupboard, 2 double bedrooms, both with wardrobes, and a bathroom.

The flat benefits from electric heating, double glazing and no chain as well as use of the communal bike and bin stores.

Griffon House was converted in 2018. Located within the popular area of Bedminster, BS3 - with shops, bars and restaurants on the doorstep, great transport links, and within a short walk of the local Bedminster railway station as well as Wapping Wharf and central Bristol.

Material information (provided by owner)

SQM - 51m2 (from epc)
EPC - E

Leasehold, 999 year lease, nil ground rent. Remainder of the 10 year ICW warranty that was issued when converted (approx 4 yrs remaining). Service charge: £86.96 pcm. Council Tax Band A

Agent Details

Ocean, Southville

0117 463 0108

Next Steps?

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