2 Bed Flat, Potential PLO/LOA, Bristol, BS8 4EY, £425,000

Mortimer Road, Clifton, Bristol, BS8 4EY - 13 views - 4 months ago

Leasehold
Negative Equity
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£240K - £3.0M
Sold Prices/m²£3.7K/m² - £7.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.2K/m²

Value Estimate

£348,361

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£190 - £4,500

Rent Estimate

£1,475

Running Costs/mo

£1,643

Cashflow/mo

£-168

Cashflow/yr

£-2,017

Gross Yield

4%

Local Sold Prices

50 sold prices from £240K to £3.0M, average is £385.1K. £3.7K/m² to £7.1K/m², average is £5.1K/m².

PriceDateDistanceAddressBeds 
£450K02/210.01 mi14, Mortimer Road, Clifton, Bristol, City Of Bristol BS8 4EY2
£525K04/210.03 mi18, Grange Road, Clifton, Bristol, City Of Bristol BS8 4EA2
£395K06/230.05 mi14, Manilla Road, Bristol, City Of Bristol BS8 4ED2
£385K06/210.05 miGround Floor Flat, 12, Victoria Square, Bristol, City Of Bristol BS8 4ET2
£465K10/210.05 miBasement Flat, 13, Victoria Square, Bristol, City Of Bristol BS8 4ET2
£433.1K06/210.09 miGarden Flat, 3, Christchurch Road, Bristol, City Of Bristol BS8 4EF2
£570K02/230.09 miFirst Floor Flat, 17, Victoria Square, Bristol, City Of Bristol BS8 4ES2
£250K01/210.09 miTop Floor Flat, 33, Royal Park, Bristol, City Of Bristol BS8 3AN2
£3.0M05/230.1 mi2, Rodney Place, Bristol, City Of Bristol BS8 4HY2
£425K06/210.1 miBasement Flat, 12, Vyvyan Terrace, Bristol, City Of Bristol BS8 3DG2
£595K01/230.11 miFlat A, 13, Vyvyan Terrace, Bristol, City Of Bristol BS8 3DG2
£370K12/200.14 miHall Floor Flat, 17, Royal Park, Bristol, City Of Bristol BS8 3AL2
£525K04/210.15 mi45, Royal York Crescent, Bristol, Avon BS8 4JS2
£290K12/200.15 miFlat 5, Fosseway Court, The Fosseway, Bristol, City Of Bristol BS8 4EH2
£487.5K12/200.17 mi4, Codrington Place, Bristol, City Of Bristol BS8 3DE2
£300K03/210.18 mi11, Buckingham Place, Clifton, Bristol, City Of Bristol BS8 1LJ2
£560K01/230.18 miBasement Flat, 10, West Mall, Clifton, Bristol, City Of Bristol BS8 4BH2
£396.5K09/210.18 miThird Floor Flat, 33, Royal York Crescent, Clifton, Bristol, City Of Bristol BS8 4JU2
£685K04/230.23 miFirst Floor Flat, 2, College Road, Clifton, Bristol, City Of Bristol BS8 3JB2
£515K08/230.23 miFlat 7, Cornwallis House, Cornwallis Grove, Bristol, City Of Bristol BS8 4PG2
£350K03/210.25 miTop Floor Flat, 6, York Place, Clifton, Bristol, City Of Bristol BS8 1AH2
£240K04/210.25 mi15, York Place, Clifton, Bristol, City Of Bristol BS8 1AH2
£385K03/210.25 mi9, York Place, Clifton, Bristol, City Of Bristol BS8 1AH2
£421K06/210.25 mi4, Worcester Crescent, Bristol, City Of Bristol BS8 3JA2
£720K04/230.26 miThird Floor Flat, 12, Royal York Crescent, Bristol, City Of Bristol BS8 4JY2
£395K07/230.28 miHall Floor Maisonette, 6, York Gardens, Clifton, Bristol, City Of Bristol BS8 4LL2
£408K04/230.28 miSecond Floor Flat, 34, West Mall, Clifton, Bristol, City Of Bristol BS8 4BG2
£355K03/210.28 mi18, Caledonia Place, Bristol, City Of Bristol BS8 4DJ2
£850K12/210.3 miFirst Floor Flat, 8, Royal York Crescent, Clifton, Bristol, City Of Bristol BS8 4JZ2
£307.5K04/210.31 miLower Ground Floor Flat, 3, Dover Place, Bristol, City Of Bristol BS8 1AL2
£330K06/230.31 miTop Floor Flat, 4, Cornwallis Crescent, Bristol, City Of Bristol BS8 4PL2
£266K11/200.31 miTop Floor Flat, 2, Frederick Place, Bristol, City Of Bristol BS8 1AS2
£348K12/200.33 miFlat 2, 1 Chesterfield Buildings, Westbourne Place, Bristol, City Of Bristol BS8 1RX2
£355K04/230.33 miTop Floor Flat, 16, Arlington Villas, Bristol, City Of Bristol BS8 2EG2
£302.5K02/230.34 mi35, Clifton Vale Close, Bristol, City Of Bristol BS8 4PX2
£375K01/210.34 mi13, Ambra Vale West, Bristol, City Of Bristol BS8 4RD2
£327.5K05/230.35 mi10, Wellington Terrace, Bristol, City Of Bristol BS8 4LE2
£300K12/200.35 mi15, Wellington Terrace, Bristol, City Of Bristol BS8 4LE2
£385.1K02/230.35 mi15, Wellington Terrace, Bristol, City Of Bristol BS8 4LE2
£458.8K11/200.35 miGarden Flat, 10, Richmond Hill, Bristol, City Of Bristol BS8 1AT2
£570.5K07/230.36 miSecond Floor Flat, 2, The Paragon, Bristol, City Of Bristol BS8 4LA2
£383K12/220.37 miGranby Court 44a, Granby Hill, Bristol, City Of Bristol BS8 4LS2
£400K03/230.37 miGranby Court 44b, Granby Hill, Bristol, City Of Bristol BS8 4LS2
£473.5K06/230.38 miFirst And Second Floor Maisonette, 18, Southleigh Road, Bristol, City Of Bristol BS8 2BH2
£265K01/230.41 miTop Floor Flat, 14, Randall Road, Bristol, City Of Bristol BS8 4TP2
£358K12/200.43 miFirst Floor Flat, 5, Alma Road, Clifton, Bristol, City Of Bristol BS8 2BZ2
£322K02/210.48 miFlat 3, Sydney Villa, Southernhay, Clifton Wood, Bristol, City Of Bristol BS8 4TL2
£330K09/210.49 mi11, Pooles Wharf Court, Bristol, City Of Bristol BS8 4PB2
£327.5K03/210.51 miFlat 25, Pooles Wharf, Hotwell Road, Bristol, City Of Bristol BS8 4RU2
£350K10/210.51 miThe Garden Apartment, 56, Alma Vale Road, Bristol, City Of Bristol BS8 2HS2

Local Rents

50 rents from £190/mo to £4.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65003/240.03 miGrange Road, Bristol, BS82
£1,50003/240.03 miGrange Road, Bristol, BS82
£1,40003/240.05 miManilla Road GF, Clifton, Bristol, BS82
£3,10003/250.05 mi-2
£1,95001/250.06 mi-2
£2,20003/250.07 mi-2
£3,70003/250.09 mi-2
£1,95005/240.11 mi-2
£1,65003/240.12 miClifton, Merchants Road, BS8 4HB2
£1,95003/240.13 mi26 The Mall, Clifton, Bristol, BS82
£1,65003/240.14 miVyvyan Terrace, BRISTOL2
£1,90003/240.14 miFlat First Floor Flat, Vyvyan Terrace, BS82
£1,40003/240.14 miSaville Place, BRISTOL2
£1,80003/240.14 miTop Floor Rear Flat, Royal York Crescent2
£1,80003/240.14 miTop Floor Rear Flat, Royal York Crescent2
£1,70003/240.15 miTop Floor Front Flat, Royal York Crescent2
£1,70003/240.15 miTop Floor Front Flat, Royal York Crescent2
£2,50003/240.16 miQueens Road, Clifton, Bristol, BS82
£3,75003/240.17 miClifton, Bristol, BS82
£3,25004/240.17 miClifton, Bristol, BS82
£2,75004/240.17 mi-2
£3,85003/240.17 miStreet Level Royal York Crescent, Bristol, BS82
£1,70003/240.17 miPembroke Grove, Clifton2
£2,50003/240.17 mi-2
£2,40003/250.17 mi-2
£1,90003/240.17 miRegent Street, Flat 1, Clifton Village, Bristol, BS82
£1,90003/240.17 miRegent Street, Flat 1, Clifton Village, Bristol, BS82
£2,60012/240.17 mi-2
£3,00012/240.17 mi-2
£1,65003/240.17 miRoyal York Crescent, Clifton, BS82
£1,70003/240.18 miRichmond Park Road, Clifton2
£1,65003/240.18 miRichmond Park Road, Clifton2
£1,55003/250.18 mi-2
£1,70004/240.18 miClifton, Royal York Crescent, BS8 4JU2
£1,50003/240.19 miRichmond Terrace, Clifton, Bristol2
£1,70003/240.19 miRichmond Terrace, CLIFTON2
£1,70003/240.19 miRichmond Terrace, BS82
£1,65003/240.19 miWest Mall, Clifton, Bristol2
£2,25003/240.2 miCarters Buildings, Portland Street, Clifton, Bristol2
£2,50003/240.2 miPembroke Road, Clifton, BS82
£2,50003/240.2 miPembroke Road, Clifton, BS82
£4,00004/250.21 mi-2
£2,68003/240.21 miSion Place, Bristol, BS82
£1,60003/240.22 miClifton Park Road, Clifton, Bristol, BS82
£1,60003/240.22 miClifton Park Road, Clifton, Bristol, BS82
£1,75004/240.22 miGarden Apartment 23 Royal York Crescent, Bristol2
£1,60004/250.24 mi-2
£1,40003/240.24 miCornwallis Crescent, Clifton, Bristol, BS82
£19003/250.24 mi-2
£4,50003/250.24 mi-2

Local Area Statistics

Population in BS8

26,327

Population in Bristol

795,432

Town centre distance

1.56 miles away

Nearest school

0.10 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-18%

Sales demand

Seller's market

Capital growth (5yrs)

+5%

Property History

Listed for £425,000

-6%

November 29, 2024

Sold for £450,000

2021

Sold for £260,000

2013

Sold for £210,000

2003

Sold for £187,000

2002

Sold for £76,000

1997

Floor Plans

Description

  • Quiet road +
  • Convenient location on the door step of Clifton Village +
  • Two well proportioned double bedrooms +
  • No onward chain +

A lovely, light and spacious two double bedroom apartment situated on a quiet and convenient road on the doorstep of Clifton Village and all of it's amenities. Offered for sale with no onward chain the property boasts a well proportioned living room, two spacious double bedrooms, a bathroom, a kitchen and a sizeable entrance hallway.

Other Information - Tenure - Leashold for 999 years from 1st January 1979 - 954 years remaining
Services - All mains services
Service charge - £35 per calendar month
Ground rent - £25 per annum
Local authority - Bristol City Council
Council tax band - D - £2,460.32 24/25
Broadband connectivity - 1,000 mbps download - 220 mbps upload
Mobile coverage - Indoor - limited and likely - Outdoor - likely - with EE, 02, Vodfone and Three
EPC rating - D

Location - A highly desirable backwater address in the heart of the fashionable Clifton Village. Ideally placed, there are a host of amenities in proximity and these include boutiques, bars and restaurants as well as state and independent schooling, primary and secondary. Recreational facilitates include health and wellness clubs nearby, golf courses and mountain bike trails in Leigh Woods and the Ashton Court Estate. Clifton Downs offers 400 acres of parkland and woodland, and borders notable landmarks such as the Avon Gorge, Brunel’s Suspension Bridge and the Observatory. Clifton is well placed, serving the commercial centre and provides good access to the M32, M4 and M5. There are excellent rail services available from Bristol Temple Meads, approximately two miles distant and an extensive schedule of International flights are available from Bristol International Airport.

Important Note - Hydes of Bristol and any joint agents give notice that (i) they have no authority to make or give representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. (ii) Any areas, distances or measurements are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all the necessary planning, building regulations or other consents and Hydes Of Bristol have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. (iii) In accordance with the consumer protection from unfair trading regulations, please note that the working condition of these services, or kitchen appliances has not been checked by the Agents but at the time of taking particulars we were informed that all were in working order. Please also note that current government legislation demands that as selling agents for this property, Hydes Of Bristol require written evidence of the origin/source of finance for funding for any prospective purchaser wishing to purchase this property. This confirmation shall be required prior to the vendor entering into any contract of sale and our instructions from the vendor are to this effect.

Agent Details

Hydes of Bristol, Clifton

0117 463 0198

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