3 Bed Terraced House, Refurb/BRRR, Bristol, BS48 1AE, £280,000

25 Friendship Road, Bristol, North Somerset, BS48 1AE - 3 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 1%
87 m²
+11 photos

ValuationFair Value

Sold Prices£246.3K - £710K
Sold Prices/m²£2.5K/m² - £5.7K/m²

 

 

Square Metres

86.64 m²
Price/m²£3.2K/m²

Value Estimate

£285,600

 

 

End Value (After Refurb)

£331,492

Uplift in Value

+18%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Refurb Costs

£35,059

Bridging Loan Interest

£7,350

Total Cash In

£125,259

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£331,492

Mortgage (After Refinance)

£248,619

Mortgage LTV

75%

Cash Released

£38,619

Cash Left In

£86,640

Equity

£82,873

Rent Range

£1,150 - £1,795

Rent Estimate

£1,447

Running Costs/mo

£1,345

Cashflow/mo

£102

Cashflow/yr

£1,220

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £246.3K to £710K, average is £344.3K. £2.5K/m² to £5.7K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£260K09/210.02 mi31, Friendship Road, Nailsea, Bristol, North Somerset BS48 1AE3
£348.5K02/230.02 mi17, Friendship Road, Nailsea, Bristol, North Somerset BS48 1AE3
£395K03/230.04 mi6, Taveners Walk, Nailsea, Bristol, North Somerset BS48 1GZ3
£290K08/210.05 mi6, Friendship Grove, Nailsea, Bristol, North Somerset BS48 1BP3
£315K02/230.05 mi34, French Close, Nailsea, Bristol, North Somerset BS48 1HY3
£710K12/220.1 mi56a, High Street, Nailsea, Bristol, North Somerset BS48 1AU3
£399.3K09/210.11 mi3, Heathfield Way, Nailsea, Bristol, North Somerset BS48 1ED3
£350K08/220.12 mi63, Southfield Road, Nailsea, Bristol, North Somerset BS48 1JD3
£370K06/210.14 mi11, Heathfield Way, Nailsea, Bristol, North Somerset BS48 1ED3
£450K10/200.15 mi11, Heathfield Road, Nailsea, Bristol, North Somerset BS48 1EB3
£255K06/210.17 mi66, Greenfield Crescent, Nailsea, Bristol, North Somerset BS48 1HW3
£300K10/200.18 mi75, Southfield Road, Nailsea, Bristol, North Somerset BS48 1SB3
£321.5K11/210.2 mi9, Sunningdale Close, Nailsea, Bristol, North Somerset BS48 2UJ3
£375K10/210.25 mi2, Westway, Nailsea, Bristol, North Somerset BS48 2NA3
£495K02/210.26 mi37, Scotch Horn Way, Nailsea, Bristol, North Somerset BS48 1TE3
£250K03/210.27 mi47, Greenfield Crescent, Nailsea, Bristol, North Somerset BS48 1HR3
£290K04/210.27 mi65, Greenfield Crescent, Nailsea, Bristol, Avon BS48 1HR3
£246.3K11/200.31 mi16, Eastway Square, Nailsea, Bristol, North Somerset BS48 2NL3
£246.3K11/200.31 mi16, Eastway Square, Nailsea, Bristol, North Somerset BS48 2NL3
£385K03/210.31 mi21, The Hamlet, Nailsea, Bristol, North Somerset BS48 1BY3
£320K01/210.31 mi18, The Hamlet, Nailsea, Bristol, North Somerset BS48 1BY3
£275K11/210.32 mi20, Greenfield Crescent, Nailsea, Bristol, North Somerset BS48 1HL3
£311K07/210.34 mi9, Greenfield Crescent, Nailsea, Bristol, North Somerset BS48 1HL3
£285K04/230.39 mi25, Eastway, Nailsea, Bristol, North Somerset BS48 2NH3
£295K02/210.39 mi26, Eastway, Nailsea, Bristol, North Somerset BS48 2NH3
£304.5K04/230.39 mi27, Eastway, Nailsea, Bristol, North Somerset BS48 2NH3
£410K10/210.4 mi63, Station Road, Nailsea, Bristol, North Somerset BS48 2LL3
£392K08/230.41 mi15, Hillcrest Road, Nailsea, Bristol, North Somerset BS48 2JB3
£450K09/220.41 mi31, Vowles Close, Wraxall, Bristol, North Somerset BS48 1PP3
£370K12/200.42 mi57, Vowles Close, Wraxall, Bristol, North Somerset BS48 1PP3
£362.5K10/200.43 mi5, Sunnymede Road, Nailsea, Bristol, North Somerset BS48 2NF3
£335K01/210.45 mi58, Westway, Nailsea, Bristol, North Somerset BS48 2NB3
£380K10/220.46 mi68, Sunnymede Road, Nailsea, Bristol, North Somerset BS48 2NG3
£493K10/210.47 mi12, Sunnymede Road, Nailsea, Bristol, North Somerset BS48 2NG3
£550K06/230.5 mi63a, Silver Street, Nailsea, Bristol, North Somerset BS48 2DS3
£365K10/220.5 mi64, Tetbury Gardens, Nailsea, Bristol, North Somerset BS48 2TN3
£455K07/230.51 mi35, Cherington Road, Nailsea, Bristol, North Somerset BS48 1SW3
£320K07/220.51 mi1, Abbots Horn, Nailsea, Bristol, North Somerset BS48 2DG3
£362K06/210.51 mi52, Ash Hayes Drive, Nailsea, Bristol, North Somerset BS48 2LH3
£333K12/220.51 mi32, Porlock Gardens, Nailsea, Bristol, North Somerset BS48 2QY3
£350K09/210.51 mi68, Tetbury Gardens, Nailsea, Bristol, North Somerset BS48 2TN3
£330K07/230.52 mi37, Meadway Avenue, Nailsea, Bristol, North Somerset BS48 2DU3
£307.9K06/210.52 mi53, Tetbury Gardens, Nailsea, Bristol, North Somerset BS48 2TL3
£310K05/230.52 mi45, Tetbury Gardens, Nailsea, Bristol, North Somerset BS48 2TL3
£340K02/230.52 mi29, Tetbury Gardens, Nailsea, Bristol, North Somerset BS48 2TL3
£320K09/210.52 mi7, Dunkery Close, Nailsea, Bristol, North Somerset BS48 2LB3
£440K02/230.52 mi11, Clark Close, Wraxall, Bristol, North Somerset BS48 1JL3
£370K11/200.52 mi12, Clark Close, Wraxall, Bristol, North Somerset BS48 1JL3
£265K07/210.53 mi16, Hazelbury Road, Nailsea, Bristol, North Somerset BS48 2JQ3
£555K02/210.53 mi19, Ash Hayes Road, Nailsea, Bristol, North Somerset BS48 2LP3

Local Rents

11 rents from £1.1K/mo to £1.8K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,29512/240.05 miFrench Close, Nailsea3
£1,60003/240.13 miGlassworks Mews, BS483
£1,30012/240.13 miWoodview Terrace, Nailsea, Bristol, BS48 1AT3
£1,35004/240.22 miMilton Close, Nailsea, North Somerset, BS483
£1,15003/240.31 miEastway Square, Nailsea, North Somerset, BS483
£1,60003/240.31 miGreenfield Crescent, Nailsea, Bristol3
£1,79505/240.31 mi-3
£1,37509/230.38 mi-3
£1,50003/240.6 miBeechwood Road, Nailsea, Bristol, Somerset, BS483
£1,65004/240.6 miBeechwood Road, Nailsea, North Somerset, BS483
£1,30006/230.61 mi-3

Local Area Statistics

Population in BS48

23,191

Population in Bristol

795,432

Town centre distance

7.47 miles away

Nearest school

0.30 miles away

Nearest train station

1.15 miles away

 

 

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £280,000

December 24, 2024

Sold for £156,000

2010

Floor Plans

Description

  • Deceptively spacious 3 Bedroom property +
  • Nice sized front & rear gardens +
  • Extended accommodation - nice sized Kitchen/Dining Room +
  • Garage & parking space close by +
  • Ideal for those looking to move swifty - no chain delays +
  • In need of some updating +
  • Located close to the town centre +
  • Perfect to stamp your mark +
  • UPVC double glazed & gas central heated +
  • EPC rating - C Council Tax Band - C Tenure - Freehold +

NO ONWARD CHAIN. A deceptively spacious 3 Bedroom family home that benefits from a rear Kitchen extension, which is sensibly priced to reflect the decorative order and thus we feel would make an ideal first time buyer home. Located close to the town centre with easy access to shops, schools and public transport links, the fully double glazed and gas centrally heated property briefly comprises; Entrance Porch, Lounge, Dining Room and Kitchen. On the first floor there are 3 Bedrooms, a Bathroom and seperate WC whilst externally there are garden to the front and rear along with a garage and parking space close by. EPC rating - C.

Ground Floor -

Entrance Porch - Entered via UPVC double glazed door. Radiator. Glazed internal door to the Lounge.

Lounge - 5.03m x 4.83m max (16'6 x 15'10 max) - Large UPVC double glazed window overlooking the front garden. Stairs ascending to the first-floor accommodation. TV point, telephone point, radiator and door to the Kitchen/Dining Room.

Kitchen/Dining Room - A lovely sized space!

Dining Area - 4.98m x 2.67m (16'4 x 8'9) - Space for a large table. Radiator, understairs storage cupboard and full width opening to the Kitchen.

Kitchen Area - 4.14m x 2.44m (13'7 x 8'0) - fitted with an array of wall and base units with work surfaces, inset single drainer sink unit with swan neck style mixer tap over. Free-standing cooker. space and plumbing for automatic washing machine, fridge and tumble drier. UPVC double glazed window and door to the rear garden.

First Floor Landing - Doors to all Bedrooms, Bathroom and Separate W.C. Access to the loft.

Bedroom 1 - 3.99m x 2.77m (13'1 x 9'1) - UPVC double glazed window to front. Radiator. Storage cupboard.

Bedroom 2 - 3.58m x 2.77m (11'9 x 9'1) - UPVC double glazed window to the rear. Radiator.

Bedroom 3 - 2.87m x 2.18m (9'5 x 7'2) - UPVC double glazed window to the front. Radiator.

Bathroom - 2.18m'' x 1.98m'' (7'2'' x 6'6'') - Fitted with a suite comprising: Panelled bath with electric shower over. Pedestal wash hand basin. UPVC double glazed window to the rear.

Separate W.C - Low level w.c. Extractor fan.

Rear Garden - Fully enclosed by timber panel fencing, this generous sized rear garden consists of a paved patio area immediately off the property leading onto the main area that is laid to lawn with shrub and flower borders and a gravelled area.

Front Garden - Laid to lawn with established shrub borders. Paved pathway to the front door.

Garage - Located close to the property with a parking space in front.

Agent Details

Gino's Estate Agents, Nailsea

01275 402780

Next Steps?

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