3 Bed Terraced House, Refurb/BRRR, Bristol, BS15 1PR, £280,000

Crown Road, Kingswood, Bristol, BS15 1PR - 1 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+9 photos

ValuationUndervalued

Sold Prices£213K - £460K
Sold Prices/m²£2.5K/m² - £5K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£294,674
BMV2%

 

 

End Value (After Refurb)

£295,292

Uplift in Value

+2%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,900

Refurb Costs

£38,000

Bridging Loan Interest

£7,350

Total Cash In

£129,000

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£295,292

Mortgage (After Refinance)

£221,469

Mortgage LTV

75%

Cash Released

£11,469

Cash Left In

£117,531

Equity

£73,823

Rent Range

£1,200 - £1,750

Rent Estimate

£1,535

Running Costs/mo

£1,250

Cashflow/mo

£285

Cashflow/yr

£3,423

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £213K to £460K, average is £285K. £2.5K/m² to £5K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£218K02/230.07 mi54, Wesley Hill, Bristol, South Gloucestershire BS15 1TU3
£255K01/210.07 mi34a, Lansdown Road, Kingswood, Bristol, South Gloucestershire BS15 1XB3
£218K10/210.08 mi29, Cotswold View, Kingswood, Bristol, South Gloucestershire BS15 1TY3
£302K07/230.08 mi43, Cotswold View, Kingswood, Bristol, South Gloucestershire BS15 1TY3
£251K09/210.08 mi71, Cotswold View, Kingswood, Bristol, South Gloucestershire BS15 1TY3
£282K11/200.08 mi31, Lansdown Road, Kingswood, Bristol, South Gloucestershire BS15 1XA3
£290K07/230.09 mi8, Crown Road, Bristol, South Gloucestershire BS15 1PP3
£250K03/210.09 mi14, Crown Road, Bristol, South Gloucestershire BS15 1PP3
£312K09/210.13 mi92, Sweets Road, Bristol, South Gloucestershire BS15 1XE3
£258K09/210.13 mi11, Blackthorn Walk, Bristol, South Gloucestershire BS15 1TZ3
£279.9K03/210.13 mi19, Blackthorn Walk, Bristol, South Gloucestershire BS15 1TZ3
£286K04/210.13 mi19, Nympsfield, Bristol, South Gloucestershire BS15 1XP3
£385.5K06/230.13 mi2, Northend Avenue, Bristol, South Gloucestershire BS15 1UD3
£335K03/230.13 mi7, Northend Avenue, Bristol, South Gloucestershire BS15 1UD3
£330K12/220.13 mi9, Northend Avenue, Bristol, South Gloucestershire BS15 1UD3
£295K01/210.15 mi69, Spring Hill, Kingswood, Bristol, South Gloucestershire BS15 1XW3
£312K12/200.15 mi20, St Stephens Road, Bristol, South Gloucestershire BS16 4RJ3
£460K07/220.15 mi2, Nympsfield, Bristol, South Gloucestershire BS15 1XP3
£351K10/220.16 mi22, Chase Road, Bristol, South Gloucestershire BS15 1TS3
£300K11/210.17 mi52, Syston Way, Bristol, South Gloucestershire BS15 1UJ3
£312K03/230.17 mi8, The Wickets, Kingswood, Bristol, South Gloucestershire BS15 1PU3
£385K05/230.19 mi98, Spring Hill, Kingswood, Bristol, South Gloucestershire BS15 1XR3
£360K04/230.2 mi65, Sweets Road, Bristol, South Gloucestershire BS15 1XF3
£359K01/230.21 mi121, Woodland Way, Bristol, South Gloucestershire BS15 1PY3
£235K07/210.21 mi115, Woodland Way, Bristol, City Of Bristol BS15 1PY3
£250K04/210.21 mi39, Neville Road, Bristol, South Gloucestershire BS15 1XX3
£280K01/210.21 mi29, Neville Road, Bristol, South Gloucestershire BS15 1XX3
£215K12/200.22 mi44, New Cheltenham Road, Bristol, South Gloucestershire BS15 1TL3
£253K12/200.23 mi3, Woodland Avenue, Bristol, South Gloucestershire BS15 1PZ3
£280K09/210.25 mi18, St Bedes Road, Bristol, City Of Bristol BS15 1QA3
£255K06/210.25 mi24, St Bedes Road, Bristol, City Of Bristol BS15 1QA3
£285K01/230.25 mi21, Spring Hill, Kingswood, Bristol, South Gloucestershire BS15 1XT3
£317.5K12/220.26 mi55, Clare Road, Kingswood, Bristol, City Of Bristol BS15 1PL3
£285K06/210.26 mi56, Clare Road, Kingswood, Bristol, City Of Bristol BS15 1PQ3
£330K11/210.27 mi58, Sweets Road, Bristol, South Gloucestershire BS15 1XQ3
£270K11/200.27 mi52, Clare Road, Kingswood, Bristol, City Of Bristol BS15 1PJ3
£279.9K10/210.27 mi12, Clare Road, Kingswood, Bristol, City Of Bristol BS15 1PJ3
£230K05/210.27 mi13, Elmtree Way, Bristol, South Gloucestershire BS15 1QS3
£300K07/230.27 mi165d, Soundwell Road, Bristol, South Gloucestershire BS16 4RS3
£287K09/210.28 mi26, Kents Green, Bristol, South Gloucestershire BS15 1XU3
£270K03/210.28 mi165d, Soundwell Road, Bristol, South Gloucestershire BS16 4RS3
£258K12/200.28 mi28, Kents Green, Bristol, South Gloucestershire BS15 1XU3
£250K03/210.29 mi55, Downend Road, Kingswood, Bristol, South Gloucestershire BS15 1SN3
£258K12/200.3 mi5, Spring Hill, Kingswood, Bristol, South Gloucestershire BS15 1XY3
£364.3K02/230.3 mi46, Tower Road, Bristol, City Of Bristol BS15 1PG3
£300K03/230.31 mi27, Elmtree Way, Bristol, South Gloucestershire BS15 1QR3
£295K06/210.31 mi11, Henshaw Walk, Bristol, City Of Bristol BS15 1QG3
£255K01/230.31 mi10, Selkirk Road, Bristol, City Of Bristol BS15 1PH3
£305K07/230.34 mi16, Kennington Avenue, Kingswood, Bristol, South Gloucestershire BS15 1SH3
£213K07/210.34 mi29, Southey Avenue, Bristol, South Gloucestershire BS15 1QT3

Local Rents

26 rents from £1.2K/mo to £1.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,59503/240.16 miSpring Hill, Kingswood, Bristol3
£1,60003/240.17 miSpring Hill, Kingswood3
£1,50002/250.24 mi-3
£1,67503/240.24 miPembroke Road, Kingswood, Bristol3
£1,70004/240.24 miDownend Road- Kingswood3
£1,75004/240.26 miDownend Road, Kingswood, Bristol3
£1,55003/240.27 miClare Road, Kingswood3
£1,50004/240.29 miNorth Park, Bristol3
£1,57512/230.31 mi-3
£1,57502/240.31 mi-3
£1,30003/240.33 miSpring Hill, Kingswood, Bristol3
£1,55004/240.34 miSouthey Avenue, Kingswood, Bristol3
£1,30002/250.44 mi-3
£1,65003/240.46 miLondon Street, Kingswood3
£1,42512/240.47 miCogan Road, Staple Hill, Bristol, BS16 4SX3
£1,55012/240.49 miStanley Park Road, Staple Hill, Bristol, BS163
£1,50012/240.5 mi-3
£1,50004/240.5 miBroad Road, Bristol, BS153
£1,20004/240.5 miFairlyn Drive, Kingswood, Bristol3
£1,45002/240.56 mi-3
£1,40002/240.56 mi-3
£1,40003/240.59 miCaddick Close, Bristol3
£1,75001/250.61 mi-3
£1,65012/240.61 mi-3
£1,50003/240.61 miCrispin Way, Kingswood3
£1,70003/240.61 miHigh Street, Kingswood, Bristol3

Local Area Statistics

Population in BS15

47,398

Population in Bristol

795,432

Town centre distance

3.58 miles away

Nearest school

0.10 miles away

Nearest train station

2.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Price changed to £280,000

January 19, 2025

Listed for £290,000

December 27, 2024

Floor Plans

Description

  • THREE BEDROOMS +
  • LOUNGE OPENING TO DINING AREA +
  • GALLEY KITCHEN & 1ST FLOOR BATHROOM +
  • ENCLOSED REAR GARDEN +
  • GAS CENTRAL HEATING & DOUBLE GLAZING +
  • IN NEED OF MODERNISATION +
  • NO ONWARD CHAIN +
  • CONVENIENT FOR ACCESS TO ST STEPHENS PRIMARY SCHOOL +

Viewings to commence in January 2025, our offices are closed until 02/01/25.

Built in 1934 this property would make the perfect family home with some updating required. Offered with No Onward Chain.

Internally the property requires some updating throughout and is near popular St Stephens C of E Primary school so would be perfect for a family.

The ground floor offers a comfortable lounge, perfect for relaxation with wooden doors opening into the dining area with sliding doors allowing you to access the rear garden. A galley kitchen can be found at the rear of the property with a utility (lobby area).

On the first floor, the landing leads to two double bedrooms, a bathroom, and third bedroom (potential office/study) ideal for working from home.

Outside, the rear garden is enclosed, providing a peaceful retreat laid to patio and lawned area with rear access gate.

There is gas central heating and double glazing in the property.

Kingswood is a vibrant and historic suburb located on the eastern edge of Bristol, blending a rich industrial past with modern conveniences. Known for its community atmosphere, Kingswood offers a wide range of amenities and services, making it an appealing area for families, professionals, and retirees alike. There are a good selection of schools and nurseries in the area as well as parks and green spaces.

Transport links in Kingswood are excellent, with regular bus services connecting to Bristol city centre and surrounding areas, while easy access to the A4174 ring road provides convenient routes for commuters. The proximity to the M4 and M5 motorways also makes travelling further afield straightforward. Ground Rent: £3. per annum

Agent Details

CJ Hole, Kingswood

0117 463 6230

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪