2 Bed Flat, Single Let, Bristol, BS20 6EH, £325,000

High Street, Portishead, BS20 6EH - 3 months ago

Leasehold
BTL
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£107.5K - £500K
Sold Prices/m²£2K/m² - £6.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£255,232

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£925 - £1,300

Rent Estimate

£1,080

Running Costs/mo

£1,252

Cashflow/mo

£-172

Cashflow/yr

£-2,059

Gross Yield

4%

Local Sold Prices

50 sold prices from £107.5K to £500K, average is £257.5K. £2K/m² to £6.1K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£158K03/210.22 mi2, Clockhouse Mews, Portishead, Bristol, North Somerset BS20 7HS2
£174K06/230.22 mi19, Clockhouse Mews, Portishead, Bristol, North Somerset BS20 7HS2
£158.5K09/210.22 mi4, Clockhouse Mews, Portishead, Bristol, North Somerset BS20 7HS2
£187K09/230.22 mi36, Briary Road, Portishead, Bristol, North Somerset BS20 6NE2
£184K02/230.24 mi37, Briary Road, Portishead, Bristol, North Somerset BS20 6NE2
£155K10/210.24 mi24, Clockhouse Mews, Portishead, Bristol, Avon BS20 7HS2
£150K01/210.24 mi76, Briary Road, Portishead, Bristol, North Somerset BS20 6NF2
£205K10/230.24 mi51, Briary Road, Portishead, Bristol, North Somerset BS20 6NF2
£175K10/200.29 mi11, Queens Avenue, Portishead, Bristol, North Somerset BS20 6NH2
£211.5K06/210.39 miFlat 17, West Hill Court, Kilkenny Place, Portishead, Bristol, North Somerset BS20 6JA2
£216K09/210.39 miFlat 19, West Hill Court, Kilkenny Place, Portishead, Bristol, North Somerset BS20 6JA2
£131K01/210.46 mi11a, Glebe Avenue, Portishead, Bristol, North Somerset BS20 6QE2
£268K12/200.47 mi41, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£278K04/210.47 mi56, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£285K01/210.47 mi43, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£275K06/230.47 mi33, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£275K06/230.48 mi2, Gateway Terrace, Portishead, Bristol, North Somerset BS20 7EW2
£254K10/230.48 mi20, Gateway Terrace, Portishead, Bristol, North Somerset BS20 7EW2
£344K02/230.48 mi40, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£230K12/210.55 mi106, Merchant Square, Portishead, Bristol, North Somerset BS20 7PE2
£215K08/230.56 mi26, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QE2
£290K03/230.61 mi35, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£255K12/200.61 mi32, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£220K01/210.61 mi28, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£237.5K01/210.61 mi49, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£275K12/200.61 mi48, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£425K11/200.62 miFlat 19, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£330K04/210.62 miFlat 33, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£410K10/230.62 miFlat 31, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£290K11/220.63 mi18, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QJ2
£250K02/210.64 mi194, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7PT2
£310K04/230.66 mi2, Sally Hill, Portishead, Bristol, North Somerset BS20 7BH2
£217K10/200.68 mi123, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£242K12/210.68 mi114, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£263K10/210.68 mi105, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£388K03/210.69 mi71, Burlington Road, Portishead, Bristol, North Somerset BS20 7BQ2
£370K11/200.69 mi55, Burlington Road, Portishead, Bristol, North Somerset BS20 7BQ2
£385K06/230.69 mi73, Burlington Road, Portishead, Bristol, North Somerset BS20 7BQ2
£107.5K04/210.69 mi105, Forth Avenue, Portishead, Bristol, North Somerset BS20 7NQ2
£192K07/230.71 mi47, Mendip Road, Portishead, Bristol, North Somerset BS20 6DE2
£286K02/230.71 mi1, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£260K06/230.72 mi120, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7PT2
£500K11/200.73 mi425, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£200K09/230.73 miWaverley Court, 20, Forth Avenue, Portishead, Bristol, North Somerset BS20 7NY2
£237K06/210.73 mi20, Woodacre, Portishead, Bristol, North Somerset BS20 7BT2
£323K06/230.73 mi66, Woodacre, Portishead, Bristol, North Somerset BS20 7BT2
£455K03/210.74 mi8, Lockside Square, Portishead, Bristol, North Somerset BS20 7AH2
£350K01/210.74 mi4, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£360K02/230.74 mi33, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£385K11/220.74 mi32, Lockside, Portishead, Bristol, North Somerset BS20 7AE2

Local Rents

17 rents from £925/mo to £1.3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,05012/240.12 miHigh Street, Portishead, Bristol, Somerset, BS202
£1,10012/240.21 miHigh Street, Portishead, Bristol2
£1,15012/240.39 miWest Hill Court - Portishead2
£1,15003/240.45 miLower Down Road, Portishead2
£1,27503/240.46 miDenston Drive - Portishead2
£92503/240.48 miChannel View Crescent, Portishead, North Somerset, BS202
£1,30002/250.5 mi-2
£1,10003/250.51 mi-2
£1,20012/240.53 miAvon Way, Portishead, Bristol, BS202
£1,25012/240.55 miMerchant Square - Portishead2
£1,20004/240.57 miNewfoundland Way, Portishead, North Somerset, BS202
£1,20012/240.57 miNewfoundland Way, Portishead, North Somerset, BS202
£1,09012/240.58 miEstuary House, Lower Burlington Road, Portishead, BS202
£1,20012/240.58 mi-2
£1,20012/240.58 miSouth Road, Portishead, Bristol, BS202
£1,10003/240.59 miSouth Road, Portishead, Bristol, BS202
£1,25003/250.61 mi-2

Local Area Statistics

Population in BS20

30,042

Population in Bristol

795,432

Town centre distance

7.74 miles away

Nearest school

0.20 miles away

Nearest train station

3.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £325,000

January 1, 2025

Floor Plans

Description

  • High Street +
  • Portishead +
  • Second floor apartment +
  • 2 Bedrooms +
  • Master bedroom with en-suite +
  • Open plan living +
  • Leasehold +
  • allocated parking space +
  • EPC - B +

This modern 2 double bedroom apartment is conveniently located on the high street, with the added benefit of no onwards chain.

Overview

As you step inside, you are welcomed by a large, well-lit entrance hall featuring a storage cupboard equipped with a washing machine and dryer. The open-plan kitchen, lounge, and dining area is impressively spacious, boasting ample storage space for extra belongings. The modern kitchen is complete with integrated units, including an oven, hob, dishwasher, and additional room for appliances.

The apartment offers two double bedrooms, with the master bedroom featuring its own en-suite shower room. Additionally, there is a family bathroom and a balcony accessible from the landing area.

Outside

There is a large south-facing balcony boasts beautiful views of St. Peter's Church and the picturesque Gordano Valley.

Location

Perfectly nestled behind the vibrant High Street, where you will find a variety of shops, cafe's and restaurants to enjoy. Within a short walk to the Marina and Lake Grounds, and all other Portishead amenities.

We think...

We think this apartment would suit either a young professional couple wanting to get onto the housing ladder and looking to be within close proximity of the bustling high street, as well as someone looking for something low maintenance and a place they can lock up and leave.

Material information (provided by owner)

Leasehold 999-year term commencing January 2025, with an annual management fee of £600. Additionally, you are responsible for covering 33% of the expenses related to the building's maintenance.

Agent Details

Ocean, Portishead

01275 402899

Next Steps?

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