3 Bed Terraced House, Single Let, Bristol, BS15 1BH, £150,000

Two Mile Hill Road, Kingswood, Bristol, BS15 1BH - 7 views - 2 months ago

Auction
BTL
ROI: 15%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£210K - £415K
Sold Prices/m²£2.4K/m² - £5.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£217,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£6,450

Total Cash In

£43,950

 

 

Cash Out

 

Rent Range

£1,200 - £3,000

Rent Estimate

£1,500

Running Costs/mo

£789

Cashflow/mo

£711

Cashflow/yr

£8,535

ROI

19%

Gross Yield

12%

Local Sold Prices

50 sold prices from £210K to £415K, average is £287.5K. £2.4K/m² to £5.1K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£275K08/210.06 mi46, Burchells Green Road, Bristol, City Of Bristol BS15 1DS3
£260K04/230.07 mi7, Burchells Green Road, Bristol, City Of Bristol BS15 1DT3
£376K05/230.09 mi2, Monks Avenue, Bristol, City Of Bristol BS15 1DJ3
£290K03/210.11 mi29, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£290K03/210.11 mi29, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£340K03/230.11 mi31, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£290K03/210.11 mi29, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£290K12/220.11 mi42, New Queen Street, Bristol, City Of Bristol BS15 1DF3
£315K03/210.14 mi70, Two Mile Hill Road, Bristol, City Of Bristol BS15 1BW3
£345K06/210.14 mi72, Two Mile Hill Road, Bristol, City Of Bristol BS15 1BW3
£278K11/200.15 mi50, Queen Street, Kingswood, Bristol, City Of Bristol BS15 8AZ3
£345K05/230.16 mi3, Gillard Road, Bristol, City Of Bristol BS15 8AR3
£210K04/210.17 mi36, Burchells Green Close, Bristol, City Of Bristol BS15 1DU3
£364K01/230.18 mi23, Tetbury Road, Bristol, City Of Bristol BS15 8AS3
£360K08/210.2 mi19, Bourne Close, Bristol, City Of Bristol BS15 8AY3
£245K05/210.2 mi29, Rodney Road, Bristol, City Of Bristol BS15 1EG3
£322.5K03/210.2 mi37, Glenburn Road, Bristol, City Of Bristol BS15 1DW3
£337.5K06/210.22 mi75, Kingsway Avenue, St George, Bristol, City Of Bristol BS5 7PY3
£260K10/200.22 mi60, Kingsway Avenue, St George, Bristol, City Of Bristol BS5 7PY3
£285K03/210.24 mi39, Kennard Rise, Bristol, City Of Bristol BS15 8AF3
£279K03/210.24 mi8, Rodney Avenue, Bristol, City Of Bristol BS15 1EQ3
£255K06/230.24 mi113, Charlton Road, Kingswood, Bristol, City Of Bristol BS15 1HG3
£283.7K06/210.24 mi224, Hillside Road, Bristol, City Of Bristol BS5 7PS3
£268K01/230.24 mi11, Talbot Avenue, Bristol, City Of Bristol BS15 1HE3
£260K07/210.24 mi32, Bourne Road, Bristol, City Of Bristol BS15 8AX3
£415K11/220.24 mi105, Kingsway, St George, Bristol, City Of Bristol BS5 8NH3
£295K11/200.25 mi27, Glenroy Avenue, Bristol, City Of Bristol BS15 1DZ3
£265K06/230.26 mi20, Avening Road, Bristol, City Of Bristol BS15 8AU3
£320K07/230.26 mi19, Newent Avenue, Bristol, City Of Bristol BS15 8AQ3
£335K12/220.26 mi31, Brockhurst Gardens, Bristol, City Of Bristol BS15 1BX3
£276K12/200.27 mi26, Brockhurst Gardens, Bristol, City Of Bristol BS15 1BU3
£285K12/220.27 mi55, Hillburn Road, Bristol, City Of Bristol BS5 7PN3
£257K07/210.28 mi13, Broadfield Avenue, Bristol, City Of Bristol BS15 1HX3
£250K06/210.29 mi173, Hillside Road, Bristol, City Of Bristol BS5 7PP3
£375K12/220.29 mi17, Dalkeith Avenue, Bristol, City Of Bristol BS15 1HH3
£235K01/210.3 mi130, Hillside Road, Bristol, City Of Bristol BS5 7PR3
£315K12/200.3 mi174, Hillside Road, Bristol, City Of Bristol BS5 7PR3
£280K05/210.3 mi136, Hillside Road, Bristol, City Of Bristol BS5 7PR3
£270K12/200.31 mi392, Speedwell Road, Bristol, City Of Bristol BS15 1ES3
£317K03/230.32 mi7, Broad Road, Bristol, City Of Bristol BS15 1HS3
£235K01/210.33 mi437, Speedwell Road, Bristol, City Of Bristol BS15 1ER3
£272K09/220.34 mi149, Whiteway Road, Bristol, City Of Bristol BS5 7RW3
£239K06/210.34 mi5, Duncombe Road, Bristol, City Of Bristol BS15 1EL3
£252K05/210.34 mi11a, Duncombe Road, Bristol, City Of Bristol BS15 1EL3
£373K09/210.34 mi14, Hillside Avenue, Bristol, City Of Bristol BS15 8BW3
£303K06/210.34 mi94b, Hillside Road, Bristol, City Of Bristol BS5 7PF3
£355K05/230.34 mi33, Holdenhurst Road, Bristol, City Of Bristol BS15 1HL3
£315K01/210.34 mi37, Holdenhurst Road, Bristol, City Of Bristol BS15 1HL3
£280K12/200.34 mi21, Holdenhurst Road, Bristol, City Of Bristol BS15 1HL3
£321K03/210.34 mi14, Holdenhurst Road, Bristol, City Of Bristol BS15 1HL3

Local Rents

38 rents from £1.2K/mo to £3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50002/250.03 mi-3
£1,95012/240.05 mi-3
£3,00002/250.08 mi-3
£1,49503/250.09 mi-3
£1,34502/250.09 mi-3
£1,75001/250.15 mi-3
£1,50004/240.16 miCharlton Road, Kingswood, Bristol3
£1,40003/240.17 miCharlton Road, Bristol3
£1,50004/240.21 miSherwood Road, Bristol3
£1,50001/250.26 mi-3
£1,45002/250.26 mi-3
£1,60003/240.3 mi-3
£1,60003/240.3 miKennard Road, Bristol, BS153
£1,50004/240.3 miKennard Road, Bristol, BS153
£1,70001/250.31 mi-3
£1,75001/250.32 mi-3
£1,65001/250.37 mi-3
£1,50012/240.37 mi-3
£1,50004/240.37 miBroad Road, Bristol, BS153
£1,65012/240.39 mi-3
£2,31004/240.42 miWoodside Road, Kingswood, Bristol, BS153
£1,60003/240.43 miMarion Walk, St George, Bristol, BS53
£1,40002/240.49 mi-3
£1,59505/240.49 miStaplegrove Crescent, St George, Bristol3
£1,80005/240.49 miKingsway, St. George, Bristol3
£1,75002/250.51 mi-3
£1,60005/240.53 miMarling Road, Bristol3
£1,60003/240.54 miHalls Road, Kingswood3
£1,60005/240.56 miFurber Road, St George3
£1,55012/240.58 mi-3
£2,50002/240.58 mi-3
£1,50005/240.59 mi-3
£1,75004/240.6 miDownend Road, Kingswood, Bristol3
£1,60001/240.61 mi-3
£1,70003/240.61 mi-3
£1,70003/250.61 mi-3
£1,70003/240.61 miSpeedwell Road, Bristol, BS53
£1,20004/240.62 miFairlyn Drive, Kingswood, Bristol3

Local Area Statistics

Population in BS15

47,398

Population in Bristol

795,432

Town centre distance

2.96 miles away

Nearest school

0.10 miles away

Nearest train station

1.82 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 £150,000

February 20, 2025

Listed for £175,000

January 14, 2025

Floor Plans

Description

  • BLOCK VIEWING SCHEDULED FOR MONDAY 20TH JANUARY - Please contact the agent to book a suitable appointment +
  • For sale by Public Auction on Thursday 13th February 2025 at Leigh Court, Pill Road, Abbots Leigh, BS8 3RA and online at 7.00pm. +
  • A two storey, mid terraced freehold property +
  • Comprising of 2 x studio apartments and 1 x one bedroom apartment +
  • Two studio apartments are tenanted but are sold with vacant posession +
  • Exciting investment opportunity +
  • EPC Ratings E40, E50, E41, Council Tax Band A. +

For sale by Public Auction on Thursday 13th February 2025 at Leigh Court, Pill Road, Abbots Leigh, BS8 3RA and online at 7.00pm.

BLOCK VIEWING SCHEDULED FOR MONDAY 20TH JANUARY - Please contact the agent to book a suitable appointment

An exciting opportunity to purchase a two-storey, mid-terrace freehold property situated in the exciting City of Bristol. This superb investment opportunity comprises two studio apartments to the ground floor; each with a kitchen and bathroom. To the first floor there is a one-bedroom apartment with it's own private entrance, one reception room, a bathroom and kitchen. Currently, the studio apartments are occupied but will be sold with vacant possession. Ideal for investors and property professionals alike, the property being sold for auction this February—don’t miss out!

Kingswood is a suburb located to the east of Bristol city centre. The area features St George Park, playgrounds, and sports facilities. Transport links include regular bus services to the city centre, easy access to the A420, and proximity to Bristol Temple Meads station. St George also boasts a range of shops, cafes, and schools, making it a popular location for families and young professionals. EPC Ratings E40, E50, E41, Council Tax Band A.

Auction Details:
• Venue: Leigh Court, Pill Road, Abbots Leigh, Bristol, BS8 3RA (there is plenty of free parking)
• Date: Thursday 13th February 2025
• Start Time: 7:00pm
• Bidding Options: In room, online, proxy, telephone

*Guides are provided as an indication of each seller's minimum expectation, they are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure guide.

Agent Details

David Plaister Ltd, Auctions

01934 317826

Next Steps?

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