3 Bed Terraced House, Single Let, Bristol, BS15 1HW, £230,000

Primrose Lane, Bristol, BS15 1HW - 2 months ago

Auction
BTL
ROI: 5%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£210K - £472.5K
Sold Prices/m²£2.1K/m² - £5.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£294,977
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£66,200

 

 

Cash Out

 

Rent Range

£1,200 - £3,000

Rent Estimate

£1,400

Running Costs/mo

£1,019

Cashflow/mo

£381

Cashflow/yr

£4,575

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £210K to £472.5K, average is £290K. £2.1K/m² to £5.1K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£257K07/210.04 mi13, Broadfield Avenue, Bristol, City Of Bristol BS15 1HX3
£317K03/230.07 mi7, Broad Road, Bristol, City Of Bristol BS15 1HS3
£268K01/230.11 mi11, Talbot Avenue, Bristol, City Of Bristol BS15 1HE3
£355K05/230.12 mi33, Holdenhurst Road, Bristol, City Of Bristol BS15 1HL3
£315K01/210.12 mi37, Holdenhurst Road, Bristol, City Of Bristol BS15 1HL3
£280K12/200.12 mi21, Holdenhurst Road, Bristol, City Of Bristol BS15 1HL3
£321K03/210.12 mi14, Holdenhurst Road, Bristol, City Of Bristol BS15 1HL3
£375K12/220.15 mi17, Dalkeith Avenue, Bristol, City Of Bristol BS15 1HH3
£290K12/220.16 mi42, New Queen Street, Bristol, City Of Bristol BS15 1DF3
£250K08/210.18 mi37, Britton Gardens, Kingswood, Bristol, City Of Bristol BS15 1TE3
£376K05/230.19 mi2, Monks Avenue, Bristol, City Of Bristol BS15 1DJ3
£319K02/230.19 mi26, Britton Gardens, Kingswood, Bristol, City Of Bristol BS15 1TE3
£255K06/230.2 mi113, Charlton Road, Kingswood, Bristol, City Of Bristol BS15 1HG3
£235K12/200.21 mi32, Lodge Road, Bristol, City Of Bristol BS15 1JA3
£335.5K03/210.21 mi67, Ingleside Road, Bristol, City Of Bristol BS15 1JE3
£373K09/210.23 mi14, Hillside Avenue, Bristol, City Of Bristol BS15 8BW3
£295K11/200.25 mi27, Glenroy Avenue, Bristol, City Of Bristol BS15 1DZ3
£292K06/210.25 mi388, Soundwell Road, Bristol, City Of Bristol BS15 1JJ3
£322.5K03/210.26 mi37, Glenburn Road, Bristol, City Of Bristol BS15 1DW3
£287K03/210.27 mi60, Lodge Road, Bristol, City Of Bristol BS15 1LE3
£340K04/210.27 mi61, Lodge Road, Bristol, City Of Bristol BS15 1LE3
£275K08/210.27 mi46, Burchells Green Road, Bristol, City Of Bristol BS15 1DS3
£235K01/210.29 mi437, Speedwell Road, Bristol, City Of Bristol BS15 1ER3
£260K04/230.29 mi7, Burchells Green Road, Bristol, City Of Bristol BS15 1DT3
£305K07/230.29 mi16, Kennington Avenue, Kingswood, Bristol, South Gloucestershire BS15 1SH3
£270K12/200.29 mi392, Speedwell Road, Bristol, City Of Bristol BS15 1ES3
£285K03/210.3 mi39, Kennard Rise, Bristol, City Of Bristol BS15 8AF3
£285K11/200.3 mi47, Downend Road, Kingswood, Bristol, South Gloucestershire BS15 1SG3
£315K07/210.3 mi19, Downend Road, Kingswood, Bristol, South Gloucestershire BS15 1RT3
£250K11/200.31 mi34, School Road, Kingswood, Bristol, South Gloucestershire BS15 8BJ3
£328K12/220.32 mi8, School Road, Kingswood, Bristol, South Gloucestershire BS15 8BJ3
£355.6K04/230.32 mi37, Elbury Avenue, Bristol, City Of Bristol BS15 1NJ3
£290K03/210.33 mi29, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£290K03/210.33 mi29, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£340K03/230.33 mi31, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£290K03/210.33 mi29, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£364.3K02/230.33 mi46, Tower Road, Bristol, City Of Bristol BS15 1PG3
£310K10/210.33 mi19, King Johns Road, Bristol, City Of Bristol BS15 1NL3
£290K12/200.33 mi35, King Johns Road, Bristol, City Of Bristol BS15 1NL3
£265K12/200.33 mi29, King Johns Road, Bristol, City Of Bristol BS15 1NL3
£210K04/210.33 mi36, Burchells Green Close, Bristol, City Of Bristol BS15 1DU3
£250K03/210.34 mi55, Downend Road, Kingswood, Bristol, South Gloucestershire BS15 1SN3
£247K11/200.34 mi11, Britannia Road, Kingswood, Bristol, South Gloucestershire BS15 8BG3
£235K04/210.35 mi21, Worcester Road, Kingswood, Bristol, South Gloucestershire BS15 1RN3
£255K01/230.35 mi10, Selkirk Road, Bristol, City Of Bristol BS15 1PH3
£375K12/220.35 mi15, Launceston Road, Bristol, City Of Bristol BS15 1EP3
£305.6K04/230.35 mi21, Blackhorse Road, Bristol, South Gloucestershire BS15 8EF3
£235K11/200.35 mi15, Kimberley Road, Bristol, South Gloucestershire BS15 1RG3
£472.5K01/230.36 mi16, Woodside Road, Kingswood, Bristol, South Gloucestershire BS15 8BH3
£320K07/230.36 mi19, Newent Avenue, Bristol, City Of Bristol BS15 8AQ3

Local Rents

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

RentDateDistanceAddressBeds 
£1,50004/240.11 miCharlton Road, Kingswood, Bristol3
£1,40003/240.11 miCharlton Road, Bristol3
£1,50012/240.12 mi-3
£1,50004/240.12 miBroad Road, Bristol, BS153
£1,75001/250.14 mi-3
£1,75001/250.2 mi-3
£1,40003/250.23 mi-3
£1,50001/250.27 mi-3
£1,45002/250.27 mi-3
£1,65012/240.28 mi-3
£1,95012/240.28 mi-3
£1,60003/240.29 mi-3
£1,60003/240.29 miKennard Road, Bristol, BS153
£1,50004/240.29 miKennard Road, Bristol, BS153
£1,40002/240.29 mi-3
£3,00003/250.29 mi-3
£1,49502/250.3 mi-3
£1,34503/250.3 mi-3
£1,50004/240.33 miSherwood Road, Bristol3
£1,75004/240.35 miDownend Road, Kingswood, Bristol3
£2,31004/240.36 miWoodside Road, Kingswood, Bristol, BS153
£1,70004/240.37 miDownend Road- Kingswood3
£1,60003/240.39 miHalls Road, Kingswood3
£1,20004/240.41 miFairlyn Drive, Kingswood, Bristol3
£1,65001/250.44 mi-3
£1,65003/240.45 miLondon Street, Kingswood3
£1,55003/240.46 miClare Road, Kingswood3
£1,70001/250.46 mi-3
£1,30002/250.47 mi-3
£1,55012/240.48 mi-3
£2,19503/250.5 mi-3
£2,50002/240.51 mi-3
£1,55004/240.57 miSouthey Avenue, Kingswood, Bristol3
£1,60001/240.58 mi-3
£2,20003/240.61 miMoravian Road, Kingswood, Bristol, BS153

Local Area Statistics

Population in BS15

47,398

Population in Bristol

795,432

Town centre distance

3.16 miles away

Nearest school

0.20 miles away

Nearest train station

2.06 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 £230,000

March 12, 2025

Price changed to £240,000

February 4, 2025

Listed for £250,000

January 20, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +

  • Subject to an undisclosed Reserve Price +

  • Buyers fees apply +

  • Victorian Terraced House +

  • Three Bedrooms +

  • Lounge/ Diner +

  • Close proximity to amenities and bus services +

  • Enclosed Rear Garden +

SUMMARY
A Victorian mid terraced house comprising entrance hallway, lounge/diner, good size kitchen, ground floor shower room and three first floor bedrooms. Benefiting from having enclosed rear garden, GCH, DG and NO ONWARD CHAIN.

DESCRIPTION
]An early viewing is essential to fully appreciate the homely feel this lovely family home has to offer. Situated within close proximity of local amenities and a frequent bus service into the city centre. Call us today for more information!!

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance 
UPVC double glazed front door leading into the entrance porch which has wall mounted gas meter, circuit breaker and electric meter, a further door leading into the lounge.

Lounge 21' 10" max x 14' 3" ( 6.65m max x 4.34m )
UPVC double glazed window to the front, window to the rear, three radiators, fire place with surrounding hearth, TV point, telephone point, stairs rising up to the first floor and a door with a step down to the kitchen/diner.

Kitchen/Diner 14' 3" x 11' 7" ( 4.34m x 3.53m )
Range of base units and drawers with rolled-edge worktops over with tiled splashbacks with matching wall units, stainless steel single bowl sink unit and drainer, eyeline electric oven and grill, space for fridge/freezer, radiator, UPVC double glazed window to the side, space and plumbing for washing machine, space for dishwasher and UPVC double glazed doors leading out to the rear garden.

Downstairs Shower Room 
Tiled flooring, radiator, low level WC, pedestal wash hand basin, walk-in shower cubical with a mains shower with grip handles and is partly tiled around.

Landing 
Large hatch giving access to loft storage space and radiator.

Bedroom One 14' 3" x 10' 4" ( 4.34m x 3.15m )
UPVC double glazed window to the front aspect, and radiator.

Bedroom Two 11' 3" x 8' 8" ( 3.43m x 2.64m )
UPVC double glazed window to the rear aspect, radiator, built-in double cupboards with built-in shelving and housing wall-mounted boiler.

Bedroom Three 7' 11" x 7' 2" ( 2.41m x 2.18m )
UPVC double glazed window to the rear aspect and radiator.

Outside 
To The Front
Twin grip handles.

To The Rear
Grip handle, rear garden is paved and enclosed with walls and has a garden shed.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Kingswood

0117 463 8166

Next Steps?

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