3 Bed Bungalow, Single Let, Bristol, BS48 2NA, £550,000

16 Westway, Nailsea, North Somerset, BS48 2AF - 4 months ago

Under Offer
BTL
~93 m²
+6 photos

ValuationOvervalued

Sold Prices£246.3K - £710K
Sold Prices/m²£2.5K/m² - £6.9K/m²

 

 

Square Metres

~93 m²
Price/m²£5.9K/m²

Value Estimate

£334,573

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£32,700

Total Cash In

£170,200

 

 

Cash Out

 

Rent Range

£1,100 - £1,795

Rent Estimate

£1,200

Running Costs/mo

£1,979

Cashflow/mo

£-779

Cashflow/yr

£-9,345

Gross Yield

3%

Local Sold Prices

50 sold prices from £246.3K to £710K, average is £320.8K. £2.5K/m² to £6.9K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£246.3K11/200.05 mi16, Eastway Square, Nailsea, Bristol, North Somerset BS48 2NL3
£246.3K11/200.05 mi16, Eastway Square, Nailsea, Bristol, North Somerset BS48 2NL3
£375K10/210.06 mi2, Westway, Nailsea, Bristol, North Somerset BS48 2NA3
£285K04/230.11 mi25, Eastway, Nailsea, Bristol, North Somerset BS48 2NH3
£295K02/210.11 mi26, Eastway, Nailsea, Bristol, North Somerset BS48 2NH3
£304.5K04/230.11 mi27, Eastway, Nailsea, Bristol, North Somerset BS48 2NH3
£335K01/210.14 mi58, Westway, Nailsea, Bristol, North Somerset BS48 2NB3
£380K10/220.16 mi68, Sunnymede Road, Nailsea, Bristol, North Somerset BS48 2NG3
£362.5K10/200.17 mi5, Sunnymede Road, Nailsea, Bristol, North Somerset BS48 2NF3
£370K06/210.17 mi11, Heathfield Way, Nailsea, Bristol, North Somerset BS48 1ED3
£399.3K09/210.19 mi3, Heathfield Way, Nailsea, Bristol, North Somerset BS48 1ED3
£493K10/210.19 mi12, Sunnymede Road, Nailsea, Bristol, North Somerset BS48 2NG3
£550K06/230.19 mi63a, Silver Street, Nailsea, Bristol, North Somerset BS48 2DS3
£275K11/210.2 mi20, Greenfield Crescent, Nailsea, Bristol, North Somerset BS48 1HL3
£320K07/220.2 mi1, Abbots Horn, Nailsea, Bristol, North Somerset BS48 2DG3
£321.5K11/210.21 mi9, Sunningdale Close, Nailsea, Bristol, North Somerset BS48 2UJ3
£311K07/210.21 mi9, Greenfield Crescent, Nailsea, Bristol, North Somerset BS48 1HL3
£255K06/210.23 mi66, Greenfield Crescent, Nailsea, Bristol, North Somerset BS48 1HW3
£330K07/230.23 mi37, Meadway Avenue, Nailsea, Bristol, North Somerset BS48 2DU3
£250K03/210.24 mi47, Greenfield Crescent, Nailsea, Bristol, North Somerset BS48 1HR3
£290K04/210.24 mi65, Greenfield Crescent, Nailsea, Bristol, Avon BS48 1HR3
£307K10/220.25 mi31, Cricket Field Green, Nailsea, Bristol, North Somerset BS48 2DB3
£316K02/210.27 mi61e, Silver Street, Nailsea, Bristol, North Somerset BS48 2DS3
£265K07/210.28 mi16, Hazelbury Road, Nailsea, Bristol, North Somerset BS48 2JQ3
£348.5K02/230.29 mi17, Friendship Road, Nailsea, Bristol, North Somerset BS48 1AE3
£392K08/230.29 mi15, Hillcrest Road, Nailsea, Bristol, North Somerset BS48 2JB3
£395K03/230.3 mi6, Taveners Walk, Nailsea, Bristol, North Somerset BS48 1GZ3
£385K12/200.3 mi8, Beechwood Road, Nailsea, Bristol, North Somerset BS48 2AE3
£290K08/210.31 mi6, Friendship Grove, Nailsea, Bristol, North Somerset BS48 1BP3
£447K07/220.31 mi47, Silver Street, Nailsea, Bristol, North Somerset BS48 2AA3
£425K07/230.31 mi51, Silver Street, Nailsea, Bristol, North Somerset BS48 2AA3
£260K09/210.32 mi31, Friendship Road, Nailsea, Bristol, North Somerset BS48 1AE3
£290K09/210.33 mi18, Mizzymead Rise, Nailsea, Bristol, North Somerset BS48 2JJ3
£320K12/220.33 mi14, Mizzymead Rise, Nailsea, Bristol, North Somerset BS48 2JJ3
£315K02/230.34 mi34, French Close, Nailsea, Bristol, North Somerset BS48 1HY3
£360K11/220.35 mi31, Greenslade Gardens, Nailsea, Bristol, North Somerset BS48 2BJ3
£289K03/210.36 mi44, Greenslade Gardens, Nailsea, Bristol, Avon BS48 2BJ3
£270.5K09/210.36 mi78, Nightingale Gardens, Nailsea, Bristol, North Somerset BS48 2BQ3
£320K05/210.37 mi12, Nightingale Gardens, Nailsea, Bristol, North Somerset BS48 2BH3
£280.5K07/210.37 mi28, Nightingale Gardens, Nailsea, Bristol, North Somerset BS48 2BH3
£282.5K04/210.37 mi5, Clarken Close, Nailsea, Bristol, North Somerset BS48 2HR3
£455K06/210.38 mi22, Mizzymead Rise, Nailsea, Bristol, North Somerset BS48 2JN3
£320K09/210.39 mi7, Dunkery Close, Nailsea, Bristol, North Somerset BS48 2LB3
£495K02/210.39 mi37, Scotch Horn Way, Nailsea, Bristol, North Somerset BS48 1TE3
£710K12/220.4 mi56a, High Street, Nailsea, Bristol, North Somerset BS48 1AU3
£345K09/220.4 mi9, Coombe Road, Nailsea, Bristol, North Somerset BS48 2HS3
£330K07/230.4 mi52, Coombe Road, Nailsea, Bristol, North Somerset BS48 2HS3
£335K02/210.41 mi4, Fosse Lane, Nailsea, Bristol, North Somerset BS48 2AR3
£347K12/200.41 mi39, Whitesfield Road, Nailsea, Bristol, North Somerset BS48 2DY3
£350K08/220.41 mi63, Southfield Road, Nailsea, Bristol, North Somerset BS48 1JD3

Local Rents

18 rents from £1.1K/mo to £1.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15003/240.06 miEastway Square, Nailsea, North Somerset, BS483
£1,35004/240.2 miMilton Close, Nailsea, North Somerset, BS483
£1,37509/230.21 mi-3
£1,60003/240.21 miGreenfield Crescent, Nailsea, Bristol3
£1,50003/240.3 miBeechwood Road, Nailsea, Bristol, Somerset, BS483
£1,65004/240.3 miBeechwood Road, Nailsea, North Somerset, BS483
£1,60003/240.31 miGlassworks Mews, BS483
£1,29512/240.33 miFrench Close, Nailsea3
£1,35002/240.38 mi-3
£1,30012/240.42 miWoodview Terrace, Nailsea, Bristol, BS48 1AT3
£1,30006/230.45 mi-3
£1,30012/240.47 miFosse Way, Nailsea, North Somerset, BS483
£1,25012/240.49 mi-3
£1,30012/240.53 miBlandford Close, Nailsea, North Somerset, BS483
£1,20004/240.54 miBlandford Close, Nailsea, Bristol, BS483
£1,35004/250.58 mi-3
£1,10004/240.61 miDorchester Close, Nailsea, Bristol3
£1,79506/240.62 mi-3

Local Area Statistics

Population in BS48

23,191

Population in Bristol

795,432

Town centre distance

7.78 miles away

Nearest school

0.30 miles away

Nearest train station

1.18 miles away

 

 

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £550,000

December 18, 2024

Floor Plans

Description

  • Sale agreed subject to contract by Hensons in 72 hours - Similar properties wanted +

A very deceptive extended 3 bedroom bungalow offering well-arranged accommodation of generous proportions and a private level garden in a sought after, mature avenue within easy reach of the town centre. Available without any chain delays.

A generously proportioned 3 bedroom link-detached bungalow with en suite facilities that has been enlarged to create a home of good space with the advantage of a particularly attractive private rear garden, extensive driveway space and easy level access to the town centre amenities while standing well away from busy main roads.

Westway is a favoured and established residential avenue located just a few minutes easy walk from the High Street and Crown Glass Shopping Centre with medical centres, a Gym and all the facilities that central Nailsea offers within easy reach. The convenience of the setting is one of the reasons why this is such a popular location. The properties are also well spaced with ample gardens and the bright, attractively proportioned bright rooms always appeal.

The well designed layout includes an entrance hall that opens to both the living room and the kitchen diner. The particularly spacious living room measures virtually 22' x 16'5” overall and is more than large enough to layout as a lounge diner if preferred such is the flexibility that the bungalow offers and here the airy nature of the main room is emphasised by a broad low sill double glazed window to the front.

The kitchen diner is fitted with a good range of classic honey oak wall and floor cupboards together with ample laminated worksurfaces with and inset sink unit and mixer tap over, an inset gas bob and built in eye level electric double oven grill. There is good free standing appliance space with plumbing for a washing machine and tumble dryer. A door open to the inner hall and a half glazed door and window overlook the patio and rea garden. A further door usefully opens to the garage, while a particular feature of the kitchen is the high part vaulted ceiling with a pair of Velux style windows flooding the space with natural light.

The inner hall further emphasises the intelligent design and separates the bedrooms nicely from the main living accommodation. There is a hatch allowing access to the loft and a built in linen cupboard.

Off the inner hall there are the three bedrooms and bathroom that has been reconfigured as a shower room with a white site including a contemporary almost wall to wall shower enclosure.

The two larger double bedrooms also overlook the rear garden which is a delight with bedroom one including fitted wardrobes and a cloakroom en suite that it may be possible to enlarge to form a shower room if required.

The third bedroom is of very similar size to the second room hence the good balance of room sizes that is rare in this price range and why we recommend that viewing is essential.Outside:
The bungalow is partially screened by a Laurel hedge at the front while the forecourt of the property has been designed for ease of maintenance and is mostly block paved to offer excellent parking and turning space with the attached garage to one side.

The garage has an up and over door, lighting and power.

A path and gate allow access via the side of the bungalow to the rear where a patio area leads to a paved terrace that is in sunshine right into the evening.

The patio and terrace lead in turn to the lawn that is framed by a superb selection of trees and shrubs that are bounded by timber panel fencing.

Town:
This very deceptive home is ideally positioned with easy access to the town centre amenities including large Waitrose and Tesco supermarkets, a pedestrianised shopping centre with nationally known and smaller independent retailers, and professional offices.

There are two health centres, dental practices, a leisure centre with a gym, cafes, pubs and restaurants including the excellent White Truffle restaurant. In addition to the conventional retail shops there is a well-supported monthly farmers market and periodic food festivals too.

Additionally, Nailsea benefits from excellent connectivity, with the city of Bristol just eight miles distant, the nearby M5 motorway (two junctions within 6 miles) and the mainline railway station at Backwell with direct trains to Bristol, Bath, Filton Abbey Wood and London Paddington.

Bristol airport is just a twenty-minute drive away though Nailsea does not suffer from any low-level commercial air traffic noise as we are some way north of the low-level flight paths.

Construction:
We understand that the bungalow is traditionally constructed and therefore fully mortgageable if you require a mortgage or an equity release arrangement.

Mortgages & Finance:
There is a bewildering array of funding options for this bungalow and an even more bewildering choice of Mortgages if that is indeed your preferred funding option. Our fully qualified independent financial advisor (I.F.A.), will be pleased to provide FREE, impartial advice as you need it. Please call Judith Clarke B.A. (Hons) who will arrange this for you.

Services & Outgoings:
All main services are connected. Telephone connection. Gas fired central heating through radiators with an annually safety tested gas fired boiler – the most recent Gas SafeGas Safety Test was April 2024. A satisfactory Domestic Electrical Condition Report was produced by an NICEIC registered electrician in May 2021 and a copy of the certificationis available on request. Double glazing. High speed ADSL and superfast fibre broadband are available with download speeds up to 1Gb or better via cable or fibre. Council TaxBand D.

Energy Performance:
The bungalow has been rated at a D-63 for energy efficiency already above the national average of D-60. The full Energy Performance Certificate is available on request by email.

VIEWING:
Only by appointment with the Hensons.

Agent Details

Hensons, Nailsea

01275 402648

Next Steps?

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