2 Bed Flat, Single Let, Bristol, BS4 3AR, £300,000

Paintworks, Arnos Vale, Bristol, BS4 3AR - 3 months ago

Leasehold
BTL
~65 m²
+20 photos

ValuationOvervalued

Sold Prices£172K - £368K
Sold Prices/m²£3K/m² - £6.8K/m²

 

 

Square Metres

~65 m²
Price/m²£4.6K/m²

Value Estimate

£232,883

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£950 - £2,383

Rent Estimate

£1,131

Running Costs/mo

£1,184

Cashflow/mo

£-53

Cashflow/yr

£-632

Gross Yield

5%

Local Sold Prices

35 sold prices from £172K to £368K, average is £240K. £3K/m² to £6.8K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£250K04/210.34 mi2, Churchill Road, Bristol, City Of Bristol BS4 3RW2
£275K02/210.35 miUpper Maisonette, 4, Upper Street, Bristol, City Of Bristol BS4 3BU2
£277.5K01/210.37 mi14, Arnos Street, Bristol, City Of Bristol BS4 3BS2
£240K10/220.37 mi44, Arnos Street, Bristol, City Of Bristol BS4 3BS2
£260K03/210.39 miGround Floor Maisonette, 121, Somerset Road, Bristol, City Of Bristol BS4 2JA2
£247.5K11/200.4 miUpper Maisonette, 80, Somerset Road, Bristol, City Of Bristol BS4 2HY2
£247.5K11/200.4 miUpper Maisonette, 80, Somerset Road, Bristol, City Of Bristol BS4 2HY2
£252K04/210.41 mi9, Runswick Road, Bristol, City Of Bristol BS4 3HY2
£225K11/220.41 miGround Floor Flat, 6, Park Street, Totterdown, Bristol, City Of Bristol BS4 3BL2
£235.5K11/220.48 mi162c, Wells Road, Bristol, City Of Bristol BS4 2AG2
£225K04/230.52 miGround Floor Flat, 3, Sandwich Road, Bristol, City Of Bristol BS4 3RS2
£185K01/210.53 mi58b, Savoy Road, Bristol, City Of Bristol BS4 3SY2
£280K09/230.53 mi2a, Crowndale Road, Bristol, City Of Bristol BS4 2DZ2
£202.5K07/210.55 mi34, New Walls, Totterdown, Bristol, City Of Bristol BS4 3TA2
£230K09/230.55 mi57, New Walls, Totterdown, Bristol, City Of Bristol BS4 3TA2
£298K04/210.56 miFirst Floor Flat, 40, Haverstock Road, Bristol, City Of Bristol BS4 2BZ2
£172K10/200.59 mi140b, Wick Road, Bristol, City Of Bristol BS4 4HQ2
£200K06/210.62 mi28, Oxford Street, Totterdown, Bristol, City Of Bristol BS3 4RQ2
£368K12/220.65 miGround And First Floor Maisonette, 5, Henry Street, Totterdown, Bristol, City Of Bristol BS3 4UD2
£220K03/210.65 mi76, Bayham Road, Bristol, City Of Bristol BS4 2DP2
£259K03/210.74 mi50b, William Street, Totterdown, Bristol, City Of Bristol BS3 4TY2
£270K11/220.76 mi48a, Grove Park Road, Brislington, Bristol, City Of Bristol BS4 4JJ2
£260K10/220.76 mi48b, Grove Park Road, Brislington, Bristol, City Of Bristol BS4 4JJ2
£300K08/210.78 mi77a, Richmond Street, Bristol, City Of Bristol BS3 4TL2
£232K03/230.78 mi46a, Hollywood Road, Bristol, City Of Bristol BS4 4LD2
£177.5K10/230.82 miFlat 5, Wellgarth Court, Wellgarth Road, Bristol, City Of Bristol BS4 2SE2
£225K01/210.85 miFlat 5, The Quadrant, Barleyfields, Bristol, City Of Bristol BS2 0NA2
£268.5K02/230.85 mi247a, Redcatch Road, Bristol, City Of Bristol BS4 2HQ2
£270K11/230.9 miFlat 55, Crown & Anchor House, Sweetman Place, Bristol, City Of Bristol BS2 0HY2
£195K02/230.91 mi20, Badgers Walk, Bristol, City Of Bristol BS4 4LG2
£197K02/210.94 mi36, Latimer Close, Bristol, City Of Bristol BS4 4FG2
£181.5K09/210.96 miFlat 5, Castle Court Mews, Ducie Road, Bristol, City Of Bristol BS5 0EZ2
£259.5K10/220.97 mi43a, Axbridge Road, Bristol, City Of Bristol BS4 2RU2
£216K09/210.99 miFlat 24, Corinthian Court, Redcliff Mead Lane, Bristol, City Of Bristol BS1 6FE2
£222.5K12/220.99 miFlat 13, Mill Court, Weavers Mill Close, Bristol, City Of Bristol BS5 8FF2

Local Rents

50 rents from £950/mo to £2.4K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,65003/240.01 miPaintworks, Arnos Vale, Bristol2
£1,55003/240.04 miPaintworks, Arnos Vale, Bristol, BS42
£1,60004/240.04 miPaintworks, Bath Road, BS42
£2,10003/240.04 miPaintworks, Arnos Vale2
£2,00004/240.04 miPaintworks, Arnos Vale2
£1,80004/240.05 miPaintworks, BS42
£1,90003/240.07 miPaintworks, Arno's Vale , Bristol2
£1,55003/240.11 miPaintworks, Arnos Vale , Bristol2
£2,38303/240.15 miPaintworks East2
£1,75003/240.18 miBath Road, Totterdown, Bristol, BS42
£1,30005/240.23 miBloomfield Road, Brislington, Bristol2
£1,50003/240.31 miBalmain Street, Totterdown Bristol2
£1,50004/240.32 mi-2
£1,50003/240.32 miBalmain Street, Bristol, BS42
£1,70002/250.32 mi-2
£1,29512/240.34 mi-2
£1,40002/250.36 mi-2
£1,80003/240.39 miSavoy Place, Bristol, BS42
£1,80004/240.39 miSavoy Place, Bristol, BS42
£1,50001/250.41 mi-2
£1,40003/240.41 miSydenham Road, Knowle, Bristol2
£1,50005/240.42 miClyde Road, Knowle, Bristol2
£1,40002/250.43 mi-2
£1,50003/240.44 miClyde Road, Knowle, Bristol2
£1,35002/240.44 mi-2
£1,30004/240.44 miClyde Road, Totterdown, Bristol, BS42
£1,30005/240.44 mi-2
£1,55003/240.45 miFrederick Street, Totterdown2
£1,20012/230.46 mi-2
£1,50005/240.48 mi-2
£1,55003/250.48 mi-2
£1,35003/240.48 miWells Road,Totterdown2
£1,25005/240.51 mi-2
£1,12501/250.51 mi-2
£1,20003/240.51 miKnowle, Wells Road, BS4 2AL2
£1,40005/240.52 miBrislington, Sandy Park Road, BS4 3PF2
£1,40003/250.52 mi-2
£1,40003/240.53 miUpper Sandhurst Road, Brislington, Bristol2
£1,25004/240.53 miKnowle Road, Totterdown, Bristol2
£1,20003/240.53 mi26 Maxse Road, Bristol2
£1,20003/250.53 mi-2
£1,29503/240.54 miKnowle Road, Totterdown, Bristol2
£95003/240.54 miMerrywood Court, BS42
£1,30003/240.55 mi18569582 New Walls, Totterdown, Bristol, BS42
£1,35003/240.55 miCounty Street, Totterdown, Bristol, BS42
£1,20004/240.55 miWinton Street, BRISTOL2
£1,15004/240.55 miFlat , Barrington Court, Winton Street, Bristol2
£1,20004/240.55 miBarrington Court, Totterdown, Bristol2
£1,50003/250.55 mi-2
£1,40003/240.56 miAngers Road, Totterdown2

Local Area Statistics

Population in BS4

47,993

Population in Bristol

795,432

Town centre distance

2.17 miles away

Nearest school

0.40 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-50%

Sales demand

Seller's market

Capital growth (5yrs)

+34%

Property History

Price changed to £300,000

March 8, 2025

Listed for £315,000

January 14, 2025

Floor Plans

Description

  • Paintworks +
  • Two bedrooms +
  • Two bathrooms +
  • Top floor apartment +
  • Gorgeous views +
  • No onward chain +
  • Balcony +
  • Allocated parking +
  • Area - 65m2 +

Located in the thriving Paintworks, this two bedroom apartment is ready to move into and is being sold with the added benefit of no onward chain!

Overview

On the top floor of 'Block E', the apartment enjoys an enviable position within the development. Inside the apartment itself, the main living space is flooded with light thanks to multiple floor to ceiling windows with south and west facing aspects as well as the doors leading on to the balcony. The kitchen area is well appointed with plenty of cupboard space and integrated appliances including a fridge/freezer, dishwasher and electric oven/hob.

The primary bedroom boasts an en-suite shower room, a built-in double wardrobe and as with the living space, a large window that lets in lots of light and takes in the view over the immediate area and off toward Bristol. The second bedroom, also a generous double, has a view over the nearby cemetery (not in active use) and woodland through its south facing window. Completing the layout is the bathroom with a shower over the bath and the utility cupboard which is off the hallway. With plumbing for the washing machine and housing the heat exchange unit, consumer unit and connection for the high speed internet that runs throughout the site.

Outside

The balcony is south and west facing and so is bathed in summer sun throughout the day! With views of Bristol in the distance and plenty of greenery and character closer to home.
There is also an allocated parking space within the underground car park.

Location

Paintworks is one of Bristol's creative hubs, just a short walk or cycle from the City Centre. A quiet spot due to traffic-free streets that crisscross the area. There are independent businesses dotted among the residential properties, The Royal Photographic Society gallery, places to eat and drink such as Bocabar and Coffee Club. The footbridge (currently closed for repair) to Sparke Evans Park provides access to Avonmeads retail park which includes a Lidl and M&S food hall and the river path which is part of the National Cycle Network. Within the woodland of Arnos Vale is the cemetery with its café and scenic walks which are popular with local residents. Temple Meads is 0.9 miles away along Bath Road while central hotspots like Wapping Wharf (1.7 miles) St Nicholas Market (1.6 miles) and Finzels Reach (1.5 miles) are all easily accessible.

We think...

This is a great opportunity to buy an apartment that boasts some gorgeous views and is in the heart of a vibrant community on the edge of Bristol's city centre.

Material information (provided by owner)

This property is leasehold with 190 years remaining. The service charge is £364.71 per month, the EPC rating is B and the council tax band is B.

Agent Details

Ocean, Knowle

0117 463 0105

Next Steps?

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