2 Bed Flat, Single Let, Bristol, BS11 0PA, £210,000

Tide Grove, Bristol, Avon, BS11 0PA - 3 months ago

Sold STC

Leasehold

BTL

ROI: 4%

~87 m²

+8 photos

ValuationUndervalued

Sold Prices	£60K - £255K
Sold Prices/m²	£2.3K/m² - £4.6K/m²

Square Metres	~87.10 m²
Price/m²	£2.4K/m²
Value Estimate	£229,520£229,520
BMV	9%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£52,500£52,500
Stamp Duty & Legal Fees	£13,400£13,400
Total Cash In	£65,900£65,900

Cash Out
Rent Range	£1,050 - £3,000£1,050 - £3,000
Rent Estimate	£1,099
Running Costs/mo	£896£896
Cashflow/mo	£203£203
Cashflow/yr	£2,435£2,435
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

26 sold prices from £60K to £255K, average is £179.3K. £2.3K/m² to £4.6K/m², average is £2.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£145K	10/20	0.08 mi	150, Long Cross, Bristol, City Of Bristol BS11 0NS	£2,266	64	2	Flat
£171K	01/23	0.1 mi	137, Long Cross, Bristol, City Of Bristol BS11 0LY	-	-	2	Flat
£172.5K	10/22	0.19 mi	207, Mancroft Avenue, Bristol, City Of Bristol BS11 0JD	£2,614	66	2	Flat
£150K	01/21	0.21 mi	214, Long Cross, Bristol, City Of Bristol BS11 0NP	£2,344	64	2	Flat
£210K	07/22	0.35 mi	24, Middleton Road, Bristol, City Of Bristol BS11 0JW	£2,838	74	2	Flat
£170K	02/23	0.35 mi	8, Henacre Road, Bristol, City Of Bristol BS11 0HD	£2,582	66	2	Flat
£203K	10/23	0.43 mi	331, Long Cross, Bristol, City Of Bristol BS11 0NN	£3,759	54	2	Flat
£167K	01/21	0.43 mi	331, Long Cross, Bristol, City Of Bristol BS11 0NN	£3,093	54	2	Flat
£195K	09/22	0.61 mi	42, Deering Close, Bristol, City Of Bristol BS11 0PU	£2,635	74	2	Flat
£130K	08/23	0.67 mi	Flat 31, Rossiter Wood Court, Orlebar Gardens, Bristol, City Of Bristol BS11 0RW	-	-	2	Flat
£177.5K	10/20	0.78 mi	12, Valerian Close, Bristol, City Of Bristol BS11 9UE	£2,910	61	2	Flat
£181K	10/20	0.78 mi	13, Valerian Close, Bristol, City Of Bristol BS11 9UE	£3,415	53	2	Flat
£169K	10/21	0.79 mi	468, Long Cross, Bristol, City Of Bristol BS11 0TJ	£2,610	65	2	Flat
£212K	07/23	0.82 mi	Flat 3, Webb Court, Park Road, Shirehampton, Bristol, City Of Bristol BS11 0FH	£4,609	46	2	Flat
£195K	06/21	0.82 mi	Flat 17, Webb Court, Park Road, Shirehampton, Bristol, City Of Bristol BS11 0FH	-	-	2	Flat
£190K	02/21	0.82 mi	Flat 20, Webb Court, Park Road, Shirehampton, Bristol, City Of Bristol BS11 0FH	-	-	2	Flat
£182K	04/21	0.82 mi	Flat 22, Webb Court, Park Road, Shirehampton, Bristol, City Of Bristol BS11 0FH	-	-	2	Flat
£200K	08/23	0.84 mi	9, Austen Place, Bristol, City Of Bristol BS11 0DB	-	-	2	Flat
£183K	10/21	0.84 mi	21, Austen Place, Bristol, City Of Bristol BS11 0DB	-	-	2	Flat
£170K	02/23	0.85 mi	50a, High Street, Shirehampton, Bristol, City Of Bristol BS11 0DJ	£2,537	67	2	Flat
£162K	06/21	0.87 mi	Flat, 30, De Clifford Road, Bristol, City Of Bristol BS11 0UB	-	-	2	Flat
£230K	02/23	0.88 mi	13a, Pembroke Road, Shirehampton, Bristol, City Of Bristol BS11 9SD	-	-	2	Flat
£255K	08/22	0.91 mi	23, Woodwell Road, Bristol, City Of Bristol BS11 9UW	-	-	2	Flat
£162K	11/20	0.96 mi	8, De Clifford Road, Bristol, City Of Bristol BS11 0UD	£2,455	66	2	Flat
£60K	03/23	0.98 mi	555, Long Cross, Bristol, City Of Bristol BS11 0TU	-	-	2	Flat
£205K	12/22	0.98 mi	545, Long Cross, Bristol, City Of Bristol BS11 0TU	£3,254	63	2	Flat

Local Rents

34 rents from £1.1K/mo to £3K/mo, average is £1.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	03/24	0.14 mi	-	2	Flat
£1,500	03/24	0.15 mi	Campbell Farm Drive, Bristol	2	Flat
£1,500	05/24	0.22 mi	Tedder Street, Lawrence Weston, Bristol	2	House
£3,000	03/25	0.64 mi	-	2	Detached House
£1,100	03/24	0.66 mi	Deering Close, Bristol, BS11	2	Flat
£1,300	05/24	0.66 mi	Deering Close, Bristol, BS11	2	Flat
£1,300	03/24	0.66 mi	-	2	Flat
£1,050	03/24	0.67 mi	Rossiter Wood Court - Lawrence Weston	2	Flat
£1,100	02/25	0.68 mi	-	2	Flat
£1,300	12/24	0.69 mi	Southwood Avenue, Sea Mills, Bristol	2	House
£1,350	04/24	0.74 mi	Clifford Gardens - Shirehampton	2	Bungalow
£1,350	03/24	0.79 mi	Valerian Close, Bristol	2	Flat
£1,380	03/24	0.8 mi	Shirehampton, Bristol, BS11	2	Flat
£1,380	03/24	0.8 mi	-	2	Flat
£1,400	12/23	0.8 mi	-	2	Terraced House
£1,550	03/25	0.8 mi	-	2	Terraced House
£1,150	05/24	0.82 mi	Webb Court, Shirehampton	2	Flat
£1,450	11/24	0.85 mi	-	2	Flat
£1,200	03/24	0.86 mi	Old Barrow Hill, Shirehampton, Bristol	2	Flat
£1,250	04/24	0.86 mi	Old Barrow Hill, Shirehampton, Bristol	2	Bungalow
£1,150	03/25	0.88 mi	-	2	Flat
£1,275	03/24	0.89 mi	High Street - Shirehampton	2	Flat
£1,220	11/24	0.91 mi	-	2	Flat
£1,300	10/23	0.91 mi	-	2	Flat
£1,295	04/25	0.91 mi	-	2	Flat
£1,400	05/24	0.91 mi	Bradley Crescent, Shirehampton	2	Terraced House
£1,150	04/24	0.96 mi	-	2	Flat
£1,090	03/24	0.96 mi	Bradley Crescent, Bristol, BS11	2	Flat
£1,150	04/24	0.96 mi	Bradley Crescent, Bristol, BS11	2	Flat
£1,200	12/24	0.96 mi	-	2	Flat
£1,550	11/24	0.99 mi	-	2	Bungalow
£1,250	04/24	1.01 mi	Burford Grove - Shirehampton	2	Bungalow
£1,250	04/24	1.01 mi	Burford Grove - Shirehampton	2	Bungalow
£1,175	09/23	1.1 mi	-	2	Flat

Local Area Statistics

Population in BS11	17,39517,395
Population in Bristol	795,432795,432
Town centre distance	3.67 miles away3.67 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.20 miles away1.20 miles away

Rental growth (12m)	+27%+27%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+32%+32%

Property History

Listed for £210,000

January 16, 2025

Floor Plans

Description

Ground Floor Flat +
2 Bedrooms +
Lounge +
Fitted Kitchen +
Private Rear Garden +
Off Street Parking +
Gas Central Heating +
Double Glazing +

Perfect first buy or investment purchase.

Overview

Perfect first buy or investment purchase.

The front door leads to a spacious entrance hall with storage cupboards. Doors lead to a lounge with a window overlooking the front, a fitted kitchen with a window overlooking the rear garden, two double bedrooms, a fitted bathroom, and a separate toilet.

The flat has gas central heating, double glazing, off-street parking and a private rear garden.

Outside

The front garden has stone chippings providing off-street parking.

The private rear garden is enclosed and has a lawn.

Location

Nearby you have the local Ridingleaze shops, where you will find; GP surgery, supermarkets, cafés and bus stops which run into the City Centre and Cribbs Causeway. Also a short walk away from the Kingsweston Estate offering walks through the heritage site with The Iron bridge linking to The Blaise Castle estate.

We think...

This two bedroom ground floor flat is perfect for first time buyers and someone looking to downsize.

Material information (provided by owner)

Leasehold with 87 years remaining and Council Band A

Agent Details

Ocean, Shirehampton

0117 463 0082

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

3 Bed House, Single Let, Bristol, BS11 0QT

£290,000

4 views • 4 months ago • 94 m²

3 Bed House, Single Let, Bristol, BS11 0LR

£325,000

1 views • 25 days ago • 98 m²

Sold STC

3 Bed House, Single Let, Bristol, BS11 0LY

£300,000

3 views • 8 months ago • 91 m²

4 Bed House, Single Let, Bristol, BS20 6DZ

£425,000

2 months ago • 129 m²