Potential 4-Bed HMO, Bristol, BS16 2HU £415,000

62 Manor Road, Bristol, City Of Bristol, BS16 2HU - a year ago
HMO
ROI: 3%
88 m²
Property image
Property image

ValuationOvervalued

Sold Prices£185K - £625K
Sold Prices/m²£1.5K/m² - £7.5K/m²

 

 

Square Metres

88 m²
Price/m²£4.7K/m²

Value Estimate

£327,755

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£103,750

Stamp Duty & Legal Fees

£21,900

Total Cash In

£125,650

 

 

Cash Out

 

Room Rate

£667

Gross Rent

£2,668

Running Costs/mo

£2,374

Cashflow/mo

£294

Cashflow/yr

£3,534

ROI

3%

Gross Yield

8%

Local Sold Prices

50 sold prices from £185K to £625K, average is £365K. £1.5K/m² to £7.5K/m², average is £3.9K/m².

Price
Date
Distance
Address
Beds
 
£400K06/230.05 mi13, Glaisdale Road, Bristol, City Of Bristol BS16 2HY3
£349.6K07/230.06 mi18, Glaisdale Road, Bristol, City Of Bristol BS16 2HZ3
£355K01/230.07 mi30, Manor Road, Fishponds, Bristol, City Of Bristol BS16 2JA3
£350K05/250.11 mi2a, North Devon Road, Fishponds, Bristol BS16 2EU3
£350K05/250.11 mi2a, North Devon Road, Fishponds, Bristol BS16 2EU3
£388K01/230.15 mi105, Manor Road, Fishponds, Bristol, City Of Bristol BS16 2EL3
£455K08/250.21 mi12, Oldbury Court Road, Fishponds, Bristol BS16 2HH3
£373K02/230.21 mi119, Manor Road, Fishponds, Bristol, City Of Bristol BS16 2EL3
£375K01/230.22 mi14, Pound Drive, Bristol, City Of Bristol BS16 2EG3
£490K06/250.23 mi11, Beechwood Road, Fishponds, Bristol BS16 3TP3
£185K12/220.23 mi19, Vassall Road, Bristol, City Of Bristol BS16 2LH3
£335K09/210.24 mi80, Snowdon Road, Bristol, City Of Bristol BS16 2EJ3
£285K11/210.25 mi43, Comyn Walk, Bristol, City Of Bristol BS16 2JL3
£342.5K08/210.26 mi15, Beechwood Road, Bristol, City Of Bristol BS16 3TP3
£427K06/230.27 mi25, Brook Road, Fishponds, Bristol, City Of Bristol BS16 3SQ3
£327.6K06/210.28 mi11, Vassall Court, Bristol, City Of Bristol BS16 2LF3
£425K05/230.29 mi52, Vassall Road, Bristol, City Of Bristol BS16 2LW3
£465K04/230.29 mi27, New Station Road, Bristol, City Of Bristol BS16 3RS3
£330K09/210.34 mi37, Symington Road, Bristol, City Of Bristol BS16 2LN3
£365K03/230.36 mi49, Symington Road, Bristol, City Of Bristol BS16 2LN3
£310.6K06/210.37 mi7, Little Hayes, Bristol, City Of Bristol BS16 2LD3
£430K07/230.37 mi78, Beechwood Road, Bristol, City Of Bristol BS16 3TW3
£290K11/210.38 mi19, Eaton Close, Fishponds, Bristol, City Of Bristol BS16 3XL3
£370K05/250.4 mi6, Downend Road, Fishponds, Bristol BS16 5AP3
£370.1K02/230.4 mi31, Willow Bed Close, Bristol, City Of Bristol BS16 2WB3
£368.8K07/250.41 mi7, Grove Park Terrace, Fishponds, Bristol BS16 2BL3
£315K09/210.42 mi8, Forest Road, Fishponds, Bristol, City Of Bristol BS16 3XJ3
£290K06/230.43 mi50, Forest Road, Fishponds, Bristol, City Of Bristol BS16 3XQ3
£280K05/250.46 mi27, New Buildings, Fishponds, Bristol BS16 2BT3
£314K04/230.49 mi38, Delabere Avenue, Bristol, City Of Bristol BS16 2NE3
£560K04/230.49 mi27, Idstone Road, Bristol, City Of Bristol BS16 3XG3
£393.5K02/230.5 mi20, Idstone Road, Bristol, City Of Bristol BS16 3XG3
£380K05/250.51 mi31, Beachgrove Road, Fishponds, Bristol BS16 4AU3
£301.5K06/230.51 mi29, Brockworth Crescent, Bristol, City Of Bristol BS16 1HQ3
£315K06/210.52 mi5, Broadoak Walk, Bristol, City Of Bristol BS16 4AX3
£383.1K06/210.53 mi14, Stanbury Avenue, Bristol, City Of Bristol BS16 5AN3
£500K05/250.54 mi10, Lodore Road, Fishponds, Bristol BS16 2DQ3
£383.4K12/220.54 mi8, Lodore Road, Bristol, City Of Bristol BS16 2DQ3
£304K11/210.55 mi2, Dunkirk Road, Bristol, City Of Bristol BS16 3DJ3
£382.3K06/230.55 mi43, Maywood Road, Bristol, City Of Bristol BS16 4AJ3
£406.5K03/250.56 mi1, Dundee Drive, Fishponds, Bristol BS16 5EZ3
£301.5K04/230.58 mi22, Lewington Road, Bristol, City Of Bristol BS16 4AA3
£625K08/250.58 mi39, Everest Road, Fishponds, Bristol BS16 2DA3
£285K08/250.59 mi20, Marshfield Road, Speedwell, Bristol BS16 4BE3
£365K02/230.59 mi32, Brentry Road, Bristol, City Of Bristol BS16 2AB3
£340K03/230.6 mi237, Forest Road, Fishponds, Bristol, City Of Bristol BS16 3QX3
£375K11/210.61 mi132, Frenchay Park Road, Bristol, City Of Bristol BS16 1HB3
£360K05/250.62 mi31, Millward Grove, Fishponds, Bristol BS16 5AJ3
£292K06/230.63 mi5, Ledbury Road, Bristol, City Of Bristol BS16 4AE3
£420K10/210.64 mi4, Millward Grove, Bristol, City Of Bristol BS16 5AJ3

Local Area Statistics

Population in BS16

75,691

Population in Bristol

795,432

Town centre distance

2.65 miles away

Nearest school

0.10 miles away

Nearest train station

1.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-40%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Listed for £415,000

January 2, 2025

Sold for £270,000

2021

Sold for £49,000

2002

Floor Plans

Property image

Description

  • No onward chain +
  • Immaculately presented +
  • Recently renovated throughout +
  • Ideal investment or family home +
  • Attractive rental yield +
  • HMO licenced +
  • Driveway +
  • Low maintenance rear garden +
  • Easy access to Bristol City centre +
  • Close to major employers +

NO ONWARD CHAIN

Located on the popular Manor Road and offered with no onward chain, this well-maintained and contemporary, five bedroom end of terrace property presents a lucrative investment opportunity. Previously tenanted and obtaining an attractive yield of over 10%, the property further benefits from a HMO licence.

The property has been completely renovated in recent years, including a new boiler, new kitchen, new bathroom, new blinds, and new flooring. The property could be arranged a a five bed as two of the three reception rooms could be used as bedrooms. The spacious accommodation comprises of an entrance hall, a reception room, two further reception rooms/bedrooms, a modern fitted kitchen, and downstairs toilet. On the first floor are three more good sized bedroom and main bathroom. The property further benefits from a driveway to the front, and a large low maintenance rear garden.

Situated in a prime and highly sought after position, the location provides quick and easy access to Bristol City centre via local bus routes and the nearby M32. An ideal location for investors, many major employers including the UWE and MOD are within easy reach. A range of local amenities on the popular Fishponds High Street are within walking distance.

Agent Details

Taylors Estate Agents, Fishponds

0117 463 8633

Next Steps?

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