2 Bed Flat, Single Let, Bristol, BS15 8DS, £200,000

Winwood Court, Derrick Road, Kingswood, Bristol, BS15 8DS - 3 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+12 photos

ValuationFair Value

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

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£200,748

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£995 - £1,700

Rent Estimate

£1,088

Running Costs/mo

£863

Cashflow/mo

£225

Cashflow/yr

£2,705

ROI

4%

Gross Yield

7%

Local Sold Prices

43 sold prices from £87.5K to £255K, average is £175K. £1.5K/m² to £5.5K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£146.5K03/210.03 mi69, Moravian Road, Bristol, South Gloucestershire BS15 8ND2
£172.5K11/200.1 mi40, Barter Close, Kingswood, Bristol, South Gloucestershire BS15 8JN2
£205K10/220.14 mi3, Dragonfly Close, Kingswood, Bristol, South Gloucestershire BS15 8JR2
£175K04/210.14 mi62, Dragonfly Close, Kingswood, Bristol, South Gloucestershire BS15 8JR2
£202K04/230.24 mi2, Trinity Court, Kingswood, Bristol, South Gloucestershire BS15 4FG2
£150K03/210.24 mi20, Trinity Court, Kingswood, Bristol, South Gloucestershire BS15 4FG2
£170K05/210.28 miFlat 13, The Edge, Waters Road, Bristol, City Of Bristol BS15 8FG2
£139K11/200.37 miFirst Floor Flat, 291a, Two Mile Hill Road, Bristol, City Of Bristol BS15 1AP2
£190K02/210.41 mi11b, Broad Road, Bristol, City Of Bristol BS15 1HZ2
£210K11/220.42 mi41, Crates Close, Kingswood, Bristol, South Gloucestershire BS15 4BU2
£162.5K02/230.44 mi27, Loughman Close, Kingswood, Bristol, South Gloucestershire BS15 4BZ2
£168K08/210.44 mi39, Loughman Close, Kingswood, Bristol, South Gloucestershire BS15 4BZ2
£183K10/200.46 mi2, Crates Close, Kingswood, Bristol, South Gloucestershire BS15 4AF2
£160K11/200.47 mi49, Taylor Close, Kingswood, Bristol, South Gloucestershire BS15 4BT2
£185K10/210.49 mi24, Kingswood Heights, Kingswood, Bristol, South Gloucestershire BS15 1TD2
£87.5K03/210.49 mi15, Kingswood Heights, Kingswood, Bristol, South Gloucestershire BS15 1TD2
£172.5K11/200.49 mi16, Kingswood Heights, Kingswood, Bristol, South Gloucestershire BS15 1TD2
£201K12/220.5 mi2, Britton Gardens, Kingswood, Bristol, City Of Bristol BS15 1TE2
£182.5K06/210.5 mi17, Britton Gardens, Kingswood, Bristol, City Of Bristol BS15 1TE2
£180K11/200.53 mi79, Bellevue Road, Kingswood, Bristol, South Gloucestershire BS15 9TU2
£246.5K12/220.54 mi1a, Wychwood, Bristol, South Gloucestershire BS15 9SR2
£155K02/230.56 mi6, Maesbury, Hanham, Bristol, South Gloucestershire BS15 9SY2
£180K07/230.57 mi175a, Two Mile Hill Road, Bristol, City Of Bristol BS15 1BG2
£182K01/210.58 miFlat 23, Hill View House, Lodge Road, Bristol, City Of Bristol BS15 1TA2
£165K01/210.68 mi33, Birdwood, Bristol, South Gloucestershire BS15 3BU2
£170K06/210.69 mi26a, Clare Road, Kingswood, Bristol, City Of Bristol BS15 1PJ2
£170K09/210.75 mi10, Barrington Close, Bristol, South Gloucestershire BS15 4QD2
£146K12/200.75 mi16, Pinewood, Bristol, South Gloucestershire BS15 4RW2
£165K10/210.76 mi9, Burchells Green Close, Bristol, City Of Bristol BS15 1DU2
£215K03/230.8 mi36, Meg Thatchers Green, Bristol, City Of Bristol BS5 8NG2
£164.9K08/210.82 mi36, Highview Road, Bristol, South Gloucestershire BS15 4QN2
£190K07/210.84 mi17, Hollybrook Park, Bristol, City Of Bristol BS15 1ST2
£170K07/210.84 mi45, Hollybrook Park, Bristol, City Of Bristol BS15 1ST2
£230K10/220.85 mi12, Lower Chapel Road, Hanham, Bristol, South Gloucestershire BS15 8SH2
£180K12/220.85 miFlat 23, Linden Court, Clarence Road, Kingswood, Bristol, City Of Bristol BS15 1PB2
£175K06/210.85 miFlat 8, Linden Court, Clarence Road, Kingswood, Bristol, City Of Bristol BS15 1PB2
£159.9K09/210.86 mi4, Bibstone, Bristol, South Gloucestershire BS15 4JJ2
£205K02/230.86 mi5a, Bibstone, Bristol, South Gloucestershire BS15 4JJ2
£180K09/210.87 mi94, Hollybrook Park, Bristol, City Of Bristol BS15 1SX2
£205K02/230.89 mi56, Hollybrook Park, Bristol, City Of Bristol BS15 1ST2
£140K07/210.89 mi118c, Pound Road, Bristol, South Gloucestershire BS15 4QT2
£255K02/210.92 mi11, Cherrytree Crescent, Bristol, City Of Bristol BS16 4ES2
£170K12/220.97 mi20b, Westfield Close, Bristol, South Gloucestershire BS15 3SB2

Local Rents

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

RentDateDistanceAddressBeds 
£1,15004/240.08 miHalls Road, Kingswood, Bristol2
£1,15012/240.08 miHalls Road, Kingswood, Bristol2
£1,15012/240.08 miHalls Road, Kingswood, Bristol2
£1,15004/240.08 miHalls Road, Kingswood, Bristol2
£1,15012/240.08 miHalls Road, Kingswood, Bristol2
£1,10004/240.13 miHanham Road, Bristol2
£1,15003/240.14 miDragonfly Close, Kingswood, Bristol, BS152
£1,10012/240.14 mi-2
£1,19503/240.17 miSummit Close, Kingswood2
£1,10004/240.17 miSummit Close, Bristol2
£1,19503/240.17 miSummit Close, Kingswood2
£1,25003/240.19 miHanham Road,Kingswood,Bristol,BS152
£1,25004/240.19 miHanham Road, BRISTOL2
£1,29512/240.24 miPows Road, BRISTOL2
£1,25012/240.25 mi-2
£1,45004/240.26 miDunlop Green Mews, Kingswood BS152
£1,50012/240.26 mi-2
£1,10004/240.28 miAlsop Road, Kingswood, Bristol2
£1,70004/240.28 mi-2
£1,27503/240.29 miChurch Road, Kingswood, BRISTOL2
£1,30012/230.29 mi-2
£1,45002/250.3 mi-2
£1,45003/250.3 mi-2
£1,40004/240.31 miRussell Avenue, Bristol, BS152
£1,00003/240.31 miGrantham Road, Kingswood, Bristol2
£1,17502/250.33 mi-2
£1,27502/250.33 mi-2
£1,25003/240.35 mi33 Cross Street Kingswood Bristol 2
£1,20004/240.36 miBroadfield Court, Kingswood, BS152
£1,29512/240.36 mi-2
£99503/250.36 mi-2
£1,15004/240.37 miSaddlers Court, Downend Road, Kingswood2
£1,15012/240.37 miSaddlers Court, Downend Road, Kingswood2
£1,35002/240.38 mi-2
£1,20003/250.38 mi-2
£1,20004/240.39 miKennington Avenue, Kingswood, Bristol, BS152
£1,25003/240.39 miKennington Avenue, Kingswood, Bristol2
£1,22503/240.44 mi-2
£1,20003/240.47 mi-2
£1,20003/240.47 miCrates Close, Kingswood, Bristol, BS152
£1,37512/240.49 mi-2
£1,10002/240.49 mi-2
£1,20004/240.5 miBritton Gardens, Bristol, BS152
£1,10002/250.5 mi-2
£1,38002/240.5 mi-2
£1,40001/250.5 mi-2
£1,27502/250.5 mi-2
£1,50003/250.52 mi-2
£1,45004/240.55 miHighwayman Court, Kingswood2
£1,25003/240.57 mi4 Wellington View, 2 Wellington Road, Kingswood, Bristol2
£1,20004/240.6 miWedmore Close, Kingswood, Bristol2

Local Area Statistics

Population in BS15

47,398

Population in Bristol

795,432

Town centre distance

3.59 miles away

Nearest school

0.20 miles away

Nearest train station

2.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £200,000

January 1, 2025

Floor Plans

Description

  • 2 bedrooms +
  • Ground floor +
  • Open plan living +
  • Outdoor space +
  • Allocated parking +
  • EPC - B +
  • Floor area - 58 square metres +

New to the market is this 2 bedroom, ground floor apartment located on a popular development within Kingswood, BS15.

Overview

This 2 bedroom ground floor flat has plenty to offer and due to its fantastic open plan living and great location, it would make an ideal first time purchase or buy to let investment.

Upon entering the flat you are welcomed in to a sizeable entrance hall that will lead you through the entire apartment. To the right of the hall is 2 double bedrooms with the master room benefitting from access to the garden. From here is also a family bathroom and an L shaped, open plan living/kitchen/dining room that also gives access to a courtyard garden space.

Outside

Externally this property offers a sizeable balcony area, allocated parking for 1 vehicle and a bin/bike storage.

Location

Kingswood is on the eastern edge of Bristol, with fantastic commuter links both in and out of the city. The area is largely residential with a central high street to cater for the majority of needs. Kingswood Park is popular with children and adults alike, with a play area, bowling green and tennis courts. The property is situated on bus routes as well as being within the convenient position of walking distance to Kingswood High Street.

Material information (provided by owner)

Tenure - Leasehold
999 Years lease from 2016
£250 annual ground rent
£117 per month management fee
Council tax band - B

Agent Details

Ocean, Downend

0117 463 0331

Next Steps?

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