2 Bed Flat, Single Let, Bristol, BS15 1TD, £160,000

Kingswood Heights, Bristol, BS15 1TD - 1 views - 3 months ago

Leasehold
BTL
ROI: 9%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£87.5K - £255K
Sold Prices/m²£1.5K/m² - £5.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£196,800
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Rent Range

£995 - £1,700

Rent Estimate

£1,075

Running Costs/mo

£735

Cashflow/mo

£340

Cashflow/yr

£4,080

ROI

9%

Gross Yield

8%

Local Sold Prices

45 sold prices from £87.5K to £255K, average is £180K. £1.5K/m² to £5.5K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£185K10/210 mi24, Kingswood Heights, Kingswood, Bristol, South Gloucestershire BS15 1TD2
£87.5K03/210 mi15, Kingswood Heights, Kingswood, Bristol, South Gloucestershire BS15 1TD2
£172.5K11/200 mi16, Kingswood Heights, Kingswood, Bristol, South Gloucestershire BS15 1TD2
£170K06/210.23 mi26a, Clare Road, Kingswood, Bristol, City Of Bristol BS15 1PJ2
£182K01/210.23 miFlat 23, Hill View House, Lodge Road, Bristol, City Of Bristol BS15 1TA2
£201K12/220.25 mi2, Britton Gardens, Kingswood, Bristol, City Of Bristol BS15 1TE2
£182.5K06/210.25 mi17, Britton Gardens, Kingswood, Bristol, City Of Bristol BS15 1TE2
£190K02/210.3 mi11b, Broad Road, Bristol, City Of Bristol BS15 1HZ2
£139K11/200.38 miFirst Floor Flat, 291a, Two Mile Hill Road, Bristol, City Of Bristol BS15 1AP2
£170K05/210.41 miFlat 13, The Edge, Waters Road, Bristol, City Of Bristol BS15 8FG2
£202K04/230.41 mi2, Trinity Court, Kingswood, Bristol, South Gloucestershire BS15 4FG2
£150K03/210.41 mi20, Trinity Court, Kingswood, Bristol, South Gloucestershire BS15 4FG2
£255K02/210.49 mi11, Cherrytree Crescent, Bristol, City Of Bristol BS16 4ES2
£146.5K03/210.5 mi69, Moravian Road, Bristol, South Gloucestershire BS15 8ND2
£172.5K11/200.55 mi40, Barter Close, Kingswood, Bristol, South Gloucestershire BS15 8JN2
£162.5K02/230.58 mi27, Loughman Close, Kingswood, Bristol, South Gloucestershire BS15 4BZ2
£205K10/220.58 mi3, Dragonfly Close, Kingswood, Bristol, South Gloucestershire BS15 8JR2
£190K07/210.58 mi17, Hollybrook Park, Bristol, City Of Bristol BS15 1ST2
£170K07/210.58 mi45, Hollybrook Park, Bristol, City Of Bristol BS15 1ST2
£170K09/210.58 mi10, Barrington Close, Bristol, South Gloucestershire BS15 4QD2
£168K08/210.58 mi39, Loughman Close, Kingswood, Bristol, South Gloucestershire BS15 4BZ2
£175K04/210.58 mi62, Dragonfly Close, Kingswood, Bristol, South Gloucestershire BS15 8JR2
£185K06/210.59 miFlat 5, St Martins Court, Portland Street, Staple Hill, Bristol, South Gloucestershire BS16 4DT2
£160K11/200.6 mi49, Taylor Close, Kingswood, Bristol, South Gloucestershire BS15 4BT2
£164.9K08/210.6 mi36, Highview Road, Bristol, South Gloucestershire BS15 4QN2
£180K09/210.6 mi94, Hollybrook Park, Bristol, City Of Bristol BS15 1SX2
£210K11/220.6 mi41, Crates Close, Kingswood, Bristol, South Gloucestershire BS15 4BU2
£205K02/230.61 mi56, Hollybrook Park, Bristol, City Of Bristol BS15 1ST2
£180K07/230.61 mi175a, Two Mile Hill Road, Bristol, City Of Bristol BS15 1BG2
£185.5K10/210.61 miFlat 17, Portland Court, Portland Street, Staple Hill, Bristol, South Gloucestershire BS16 4NU2
£180K12/220.61 miFlat 23, Linden Court, Clarence Road, Kingswood, Bristol, City Of Bristol BS15 1PB2
£175K06/210.61 miFlat 8, Linden Court, Clarence Road, Kingswood, Bristol, City Of Bristol BS15 1PB2
£146K12/200.64 mi16, Pinewood, Bristol, South Gloucestershire BS15 4RW2
£183K10/200.64 mi2, Crates Close, Kingswood, Bristol, South Gloucestershire BS15 4AF2
£140K07/210.66 mi118c, Pound Road, Bristol, South Gloucestershire BS15 4QT2
£165K10/210.71 mi9, Burchells Green Close, Bristol, City Of Bristol BS15 1DU2
£180K11/200.86 mi79, Bellevue Road, Kingswood, Bristol, South Gloucestershire BS15 9TU2
£158K07/210.89 mi36, Ledbury Road, Bristol, City Of Bristol BS16 4AG2
£223K07/230.91 miGround Floor Flat, 14, Lower Station Road, Staple Hill, Bristol, South Gloucestershire BS16 4LT2
£130K04/210.94 mi70a, High Street, Staple Hill, Bristol, South Gloucestershire BS16 5HN2
£200K12/200.94 mi50a, High Street, Staple Hill, Bristol, South Gloucestershire BS16 5HW2
£195.2K09/210.96 mi10, Pendennis Park, Staple Hill, Bristol, South Gloucestershire BS16 5HR2
£215K03/230.97 mi36, Meg Thatchers Green, Bristol, City Of Bristol BS5 8NG2
£159.9K09/210.98 mi4, Bibstone, Bristol, South Gloucestershire BS15 4JJ2
£205K02/230.98 mi5a, Bibstone, Bristol, South Gloucestershire BS15 4JJ2

Local Rents

43 rents from £995/mo to £1.7K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,25003/240.09 mi4 Wellington View, 2 Wellington Road, Kingswood, Bristol2
£1,15004/240.12 miSaddlers Court, Downend Road, Kingswood2
£1,15012/240.12 miSaddlers Court, Downend Road, Kingswood2
£1,25003/240.13 miKennington Avenue, Kingswood, Bristol2
£1,20004/240.13 miKennington Avenue, Kingswood, Bristol, BS152
£1,25003/240.19 mi33 Cross Street Kingswood Bristol 2
£1,10004/240.25 miAlsop Road, Kingswood, Bristol2
£1,20004/240.25 miBritton Gardens, Bristol, BS152
£1,00003/240.3 miGrantham Road, Kingswood, Bristol2
£1,29512/240.31 mi-2
£1,20004/240.31 miBroadfield Court, Kingswood, BS152
£1,25002/250.32 mi-2
£1,27502/250.32 mi-2
£1,37512/240.35 mi-2
£1,17503/250.35 mi-2
£1,25012/240.38 mi-2
£1,35002/240.4 mi-2
£1,20003/250.4 mi-2
£99503/250.4 mi-2
£1,38002/240.4 mi-2
£1,40001/250.4 mi-2
£1,27502/250.4 mi-2
£1,50012/240.42 mi-2
£1,27503/240.43 miChurch Road, Kingswood, BRISTOL2
£1,30012/230.43 mi-2
£1,70004/240.43 mi-2
£1,10004/240.44 miKing Johns Court- Kingswood2
£1,15004/240.45 miHalls Road, Kingswood, Bristol2
£1,15012/240.45 miHalls Road, Kingswood, Bristol2
£1,15004/240.47 miHalls Road, Kingswood, Bristol2
£1,15012/240.47 miHalls Road, Kingswood, Bristol2
£1,15012/240.47 miHalls Road, Kingswood, Bristol2
£1,10004/240.48 miHanham Road, Bristol2
£1,30003/240.5 miCharlton Road, Kingswood, Bristol2
£1,10002/250.54 mi-2
£1,10004/240.55 miSummit Close, Bristol2
£1,19503/240.55 miSummit Close, Kingswood2
£1,19503/240.55 miSummit Close, Kingswood2
£1,10004/240.58 miHollybrook Park, Bristol, Somerset, BS152
£1,15003/240.58 miDragonfly Close, Kingswood, Bristol, BS152
£1,10012/240.58 mi-2
£1,25003/250.62 mi-2
£1,29504/240.62 miMorley Road, Staple Hill2

Local Area Statistics

Population in BS15

47,398

Population in Bristol

795,432

Town centre distance

3.46 miles away

Nearest school

0.30 miles away

Nearest train station

2.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £160,000

December 12, 2024

Floor Plans

Description

  • New Cheltenham side of Kingswood and therefore provides easy access to central Kingswood and its range of facilities and amenities. +

  • 2 double bedrooms +

  • open plan living +

  • chain free +

  • allocated parking space +

  • cul de sac +

  • modern living +

SUMMARY
Located on the ground floor of this modern building tucked away in a cul de sac this 2 bedroom apartment offering spacious living would make the ideal First-time buyer property or maybe buy to let investment. call connells today! CHAIN FREE

DESCRIPTION
This home is fantastically placed within a quiet no through road with the shops, bars, cafes, local independent retails and bus links on Kingswood high street within half a mile. The A4174 Bristol Ring road with links to major motorway networks can also be found within half a mile.

built by Newland Homes circa 2006. The flat is located toward the New Cheltenham side of Kingswood and therefore provides easy access to central Kingswood and its range of facilities and amenities. The accommodation provides an entrance hall, a dual aspect living room/kitchen, two double bedrooms and a modern bathroom. Features include PVCu double glazed windows, a gas central heating system and allocated parking for one vehicle.

Entrance Hallway 
Hallway has intercom system.

Open Plan Living 15' x 10' 9" ( 4.57m x 3.28m )
Two double glazed windows to the front aspect, carpet flooring.

Kitchen Area
Modern fitted kitchen, oven, electric hob, space for fridge/freezer.

Bedroom One 14' 11" x 11' 5" ( 4.55m x 3.48m )
Double glazed window to rear, carpet flooring.

Bedroom Two 11' 1" x 10' 2" ( 3.38m x 3.10m )
Built-in wardrobes, double glazed window to rear and carpet flooring.

Bathroom 
Low level WC, wash hand basin, extractor fan.

Parking 
Allocated parking for one car.

Agents Notes 
Please be aware that the information we have about this property is limited. If there is any point which is of particular importance to you, please contact the branch and we will endeavour to check for you, especially if you are contemplating travelling some distance to view the property

Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Kingswood

0117 463 8166

Next Steps?

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