4 Bed House, Refurb/BRRR, Bristol, BS48 3QJ, £360,000

Main Road, Flax Bourton, Bristol, North Somerset, BS48 3QJ - 3 views - 3 months ago

Auction
Refurb/BRRR
~129 m²
+16 photos

ValuationUndervalued

Sold Prices£395K - £1.1M
Sold Prices/m²£2.5K/m² - £9.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.8K/m²

Value Estimate

£429,250
BMV1%

 

 

End Value (After Refurb)

£596,143

Uplift in Value

+40%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£90,000

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£52,304

Bridging Loan Interest

£9,450

Total Cash In

£176,204

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£596,143

Agent Fees (1%)

£5,961

Bridging Loan

£270,000

Bridging Loan Interest

£9,450

Flip Profit

£143,978

Local Sold Prices

51 sold prices from £395K to £1.1M, average is £615K. £2.5K/m² to £9.2K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£675K04/230.02 miThe Rectory, Main Road, Flax Bourton, Bristol, North Somerset BS48 3QJ4
£726K08/210.05 mi4, Parsons Mead, Flax Bourton, Bristol, North Somerset BS48 1UH4
£401K09/210.19 mi6, Orchard Close, Flax Bourton, Bristol, North Somerset BS48 1UE4
£450K04/210.22 miOld Post Office, Post Office Lane, Flax Bourton, Bristol, North Somerset BS48 3QE4
£800K03/230.48 mi7, Clevedon Road, Flax Bourton, Bristol, North Somerset BS48 1NQ4
£900K03/230.48 mi11, Clevedon Road, Flax Bourton, Bristol, North Somerset BS48 1NQ4
£570K03/210.53 mi36, Rosemount Road, Flax Bourton, Bristol, North Somerset BS48 1UQ4
£550K07/220.73 mi2, Chapel Hill, Backwell, Bristol, North Somerset BS48 3PW4
£535K12/200.77 mi118a, Farleigh Road, Backwell, Bristol, North Somerset BS48 3PF4
£750K09/210.79 mi43, Uncombe Close, Backwell, Bristol, North Somerset BS48 3PU4
£760K12/220.79 mi37, Uncombe Close, Backwell, Bristol, North Somerset BS48 3PU4
£622K03/211.11 mi58, Church Lane, Backwell, Bristol, North Somerset BS48 3JH4
£835K12/201.11 mi8, Court Close, Backwell, Bristol, North Somerset BS48 3JB4
£607.5K12/221.3 mi4, Birchwood Drive, Failand, Bristol, North Somerset BS8 3UZ4
£865K05/211.31 mi40, Church Town, Backwell, Bristol, North Somerset BS48 3JF4
£480K12/201.39 mi30, Dark Lane, Backwell, Bristol, North Somerset BS48 3NS4
£495K05/211.4 mi30, Belmont Drive, Failand, Bristol, North Somerset BS8 3UU4
£515K01/211.42 mi47, Hilldale Road, Backwell, Bristol, North Somerset BS48 3JZ4
£615K08/231.47 mi4, Warren Lane, Long Ashton, Bristol, North Somerset BS41 9DA4
£637.5K03/211.49 miGreystoke, Hill Drive, Failand, Bristol, North Somerset BS8 3UX4
£575K10/201.51 mi22, Sixty Acres Close, Failand, Bristol, North Somerset BS8 3UH4
£725.5K10/201.51 mi9, Sixty Acres Close, Failand, Bristol, North Somerset BS8 3UH4
£695K06/211.51 mi8, Sixty Acres Close, Failand, Bristol, Avon BS8 3UH4
£675K11/201.52 mi1, Owen Drive, Failand, Bristol, North Somerset BS8 3UE4
£490K11/201.52 mi24, Mulberry Close, Backwell, Bristol, North Somerset BS48 3HX4
£685K01/211.52 mi6, Owen Drive, Failand, Bristol, North Somerset BS8 3UE4
£750K05/211.55 miApple Tree Cottage, Barrow Street, Barrow Gurney, Bristol, North Somerset BS48 3RY4
£695K06/231.55 mi9, Woodland Close, Failand, Bristol, North Somerset BS8 3XB4
£555K02/211.55 mi4, The Crescent, Backwell, Bristol, North Somerset BS48 3NL4
£680K04/231.55 mi43, Kings Croft, Long Ashton, Bristol, North Somerset BS41 9ED4
£675K03/231.56 mi12, Bude Close, Nailsea, Bristol, North Somerset BS48 2FQ4
£547K07/231.57 mi7, Glastonbury Close, Nailsea, Bristol, North Somerset BS48 2SP4
£575K05/211.61 mi3, Embercourt Drive, Backwell, Bristol, North Somerset BS48 3HU4
£615K03/211.61 mi11a, The Avenue, Backwell, Bristol, North Somerset BS48 3NB4
£1.1M05/221.61 mi57, Clevedon Road, Failand, Bristol, North Somerset BS8 3UL4
£615K02/231.61 mi71, Clevedon Road, Failand, Bristol, North Somerset BS8 3UL4
£472.5K09/221.61 mi102c, Weston Road, Long Ashton, Bristol, North Somerset BS41 9BZ4
£450K12/201.61 mi69, Clevedon Road, Failand, Bristol, North Somerset BS8 3UL4
£450K12/201.61 mi69, Clevedon Road, Failand, Bristol, North Somerset BS8 3UL4
£855K09/221.61 mi14, Manor Way, Failand, Bristol, North Somerset BS8 3UY4
£395K01/211.61 mi11, Vynes Way, Nailsea, Bristol, North Somerset BS48 2UG4
£560K11/221.61 mi38, Vynes Way, Nailsea, Bristol, North Somerset BS48 2UG4
£685K03/211.61 mi98a, Church Lane, Backwell, Bristol, Avon BS48 3JW4
£550K11/221.61 mi47, Oakleigh Close, Backwell, Bristol, North Somerset BS48 3JX4
£640K01/211.62 mi3, Karen Drive, Backwell, Bristol, North Somerset BS48 3JT4
£650K08/211.62 mi29, Oakleigh Close, Backwell, Bristol, North Somerset BS48 3JX4
£605K12/221.62 mi123, Weston Road, Long Ashton, Bristol, North Somerset BS41 9AE4
£435K11/221.62 mi97, Weston Road, Long Ashton, Bristol, North Somerset BS41 9AE4
£650K09/221.62 mi11, Clevedon Road, Failand, Bristol, North Somerset BS8 3UG4
£450K10/231.62 mi32, Pear Tree Avenue, Long Ashton, Bristol, North Somerset BS41 9FF4
£450K10/231.62 mi32, Pear Tree Avenue, Long Ashton, Bristol, North Somerset BS41 9FF4

Local Rents

51 rents from £825/mo to £5.5K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,70003/251.08 mi-2
£1,47502/251.08 mi-1
£5,00003/251.14 mi-4
£2,50003/241.39 miBPC02339, Flax Bourton Road, Bristol4
£2,10003/241.42 miBelmont Drive, Failand, Bristol, BS84
£2,70003/241.42 miBelmont Drive, Failand, Bristol, BS84
£1,60004/241.47 miMoodys Leigh, Backwell, Bristol3
£82503/241.52 miNorthampton House, Wraxall, Bristol, Somerset, BS481
£1,30012/241.55 mi-2
£1,80002/251.55 mi-4
£1,10012/241.55 miNailsea, North Somerset 2
£1,90012/241.56 miBude Close, Nailsea, Bristol, BS484
£1,25005/241.56 miKings Croft, Long Ashton, Bristol, BS412
£2,05004/241.56 miBude Close, Nailsea, Bristol, BS484
£1,10005/241.57 miLong Ashton, Fishers Mead, BS41 9EF2
£1,10004/241.58 mi-2
£1,10003/241.58 miLong Ashton, Bristol, BS412
£1,30005/241.61 miBramley Copse, Long Ashton, Bristol, Somerset, BS413
£1,30003/241.61 mi-3
£1,60003/241.62 miPear Tree Avenue, Long Ashton3
£1,80002/251.62 mi-4
£1,80002/251.62 mi-4
£1,30012/241.63 mi-2
£1,09502/241.64 mi-2
£1,16006/241.64 mi-2
£1,40012/241.67 mi-2
£1,90003/241.7 miGreen Pastures Road, Nailsea, Bristol, BS484
£2,00002/251.72 mi-3
£2,00003/241.72 miArch Grove, Long Ashton, Bristol3
£90003/241.76 miLampton Road, Long Ashton, Bristol, BS411
£1,45007/231.79 mi-3
£1,30004/241.84 miWeston Road, Long Ashton, Bristol, BS413
£1,50007/231.85 mi-3
£1,47512/241.85 miAvening Close, Nailsea, Bristol, BS483
£1,50003/251.85 mi-2
£1,20003/241.91 miFenshurst Gardens - Long Ashton3
£1,30003/241.91 miLong Ashton, Lampton Road, BS41 9AL2
£1,55002/251.92 mi-2
£5,50003/241.93 miWinstones Road, Barrow Gurney5
£1,70004/241.93 miLong Ashton, Cherry Road, BS41 9DU4
£1,29512/241.96 miNailsea, North Somerset2
£1,70003/251.96 mi-3
£1,55005/241.98 miLong Ashton, Hollis Close, BS41 9AZ4
£2,10012/241.98 miKeedwell Hill, Long Ashton, Bristol, Somerset, BS414
£1,79505/242 mi-3
£2,85003/242.09 miFailand, Beggar Bush Lane, BS8 3TH3
£2,85003/242.09 miFailand, Beggar Bush Lane, BS8 3TH3
£1,40009/242.09 mi-2
£1,42503/242.09 mi-2
£1,42503/242.09 mi-2
£1,42504/242.09 mi-2

Local Area Statistics

Population in BS48

23,191

Population in Bristol

795,432

Town centre distance

6.12 miles away

Nearest school

0.20 miles away

Nearest train station

1.86 miles away

 

 

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £360,000

March 16, 2025

Listed for £425,000

December 20, 2024

Floor Plans

Description

  • For Sale by Modern Method of Auction – T&Cs apply +
  • Subject to an undisclosed Reserve Price +
  • Buyer Fees Apply +
  • Grange Farmhouse +
  • Main Road, Flax Bourton +
  • Old farmhouse, barn and remains of garages +
  • Renovation/redevelopment opportunity +
  • Please see photos and auction pack +
  • Council tax band G +
  • Freehold +

Grange Farmhouse is located on Main Road, Flax Bourton and is believed to be one of the earliest properties in Flax Bourton.

For sale for the first time in many years, it now offers potential buyers a renovation/redevelopment opportunity in the heart of Flax Bourton.

Auctioneer Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a Reservation Agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price, including VAT, subject to a minimum of £6,000.00 including VAT.

The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also be required to make a payment of £300, including VAT, towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price, with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Disclaimer

We are unable to confirm whether statutory consents have been obtained for the extensions/conversions/alterations. It is the responsibility of prospective purchasers to ensure they and their legal representatives make all necessary enquiries as part of their conveyancing.

Agent Details

Andrews Estate Agents, Long Ashton

01275 409793

Next Steps?

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