3 Bed Semi-Detached House, Cash/Bridging Only, Bristol, BS34 5BQ, £325,000

Gloucester Road, Patchway, Bristol, Gloucestershire, BS34 5BQ - 2 months ago

Sold STC
Cash
ROI: 2%
~93 m²
+17 photos

ValuationFair Value

Sold Prices£235.5K - £415K
Sold Prices/m²£2.5K/m² - £41K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£328,902

 

 

End Value (After Refurb)

£328,902

Uplift in Value

+-6%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£38,000

Bridging Loan Interest

£8,531

Total Cash In

£146,231

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£328,902

Mortgage (After Refinance)

£246,677

Mortgage LTV

75%

Cash Released

£2,927

Cash Left In

£143,304

Equity

£82,226

Rent Range

£1,395 - £4,280

Rent Estimate

£1,653

Running Costs/mo

£1,378

Cashflow/mo

£275

Cashflow/yr

£3,295

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £235.5K to £415K, average is £300K. £2.5K/m² to £41K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£315K04/210.08 mi22, Hazeldene Road, Patchway, Bristol, South Gloucestershire BS34 5DS3
£315K04/210.08 mi22, Hazeldene Road, Patchway, Bristol, South Gloucestershire BS34 5DS3
£260K05/210.1 mi5, Callicroft Road, Patchway, Bristol, South Gloucestershire BS34 5BS3
£263.6K04/210.1 mi11, Hazeldene Road, Patchway, Bristol, South Gloucestershire BS34 5DT3
£310K05/230.1 mi11, Hazeldene Road, Patchway, Bristol, South Gloucestershire BS34 5DT3
£270K09/230.1 mi47, Hazeldene Road, Patchway, Bristol, South Gloucestershire BS34 5DT3
£270K04/210.13 mi23, Ashford Road, Patchway, Bristol, South Gloucestershire BS34 5DX3
£280K09/210.16 mi24, Callicroft Road, Patchway, Bristol, South Gloucestershire BS34 5BX3
£350K05/230.18 mi73, Callicroft Road, Patchway, Bristol, South Gloucestershire BS34 5BU3
£290K02/230.21 mi194, Gloucester Road, Patchway, Bristol, South Gloucestershire BS34 5BA3
£350K07/230.23 mi15, Thirlmere Road, Patchway, Bristol, South Gloucestershire BS34 5PD3
£260K07/210.24 mi52, Gallivan Close, Little Stoke, Bristol, South Gloucestershire BS34 6RW3
£368K07/230.27 mi52, Amberley Road, Patchway, Bristol, South Gloucestershire BS34 6BY3
£273K12/220.28 mi49, Rodway Road, Patchway, Bristol, South Gloucestershire BS34 5PH3
£258K06/210.33 mi42, Windermere Road, Patchway, Bristol, South Gloucestershire BS34 5PW3
£287.3K03/210.35 mi11, Tetbury Close, Little Stoke, Bristol, South Gloucestershire BS34 6SD3
£370K02/230.36 mi43, Cranbourne Road, Patchway, Bristol, South Gloucestershire BS34 5DZ3
£356K12/220.36 mi11, Tetbury Close, Little Stoke, Bristol, South Gloucestershire BS34 6SD3
£375K10/210.37 mi1, Bibury Avenue, Patchway, Bristol, South Gloucestershire BS34 6DE3
£305K05/210.37 mi24, Fairford Crescent, Patchway, Bristol, South Gloucestershire BS34 6DQ3
£300K11/200.38 mi24, Amberley Road, Patchway, Bristol, South Gloucestershire BS34 6BX3
£300K05/210.38 mi36, Eighteen Acre Drive, Patchway, Bristol, South Gloucestershire BS34 5DE3
£330K09/210.41 mi21, Fairford Crescent, Patchway, Bristol, South Gloucestershire BS34 6DH3
£310K11/200.41 mi30, Over Drive, Patchway, Bristol, South Gloucestershire BS34 5AL3
£340K06/210.41 mi8, Amberley Road, Patchway, Bristol, South Gloucestershire BS34 6BU3
£245K03/230.42 mi32, Pretoria Road, Patchway, Bristol, South Gloucestershire BS34 5PT3
£300K05/230.42 mi18, Pretoria Road, Patchway, Bristol, South Gloucestershire BS34 5PT3
£290K02/210.42 mi17, Painswick Avenue, Patchway, Bristol, South Gloucestershire BS34 6DA3
£360K07/230.43 mi19, Hammond Road, Patchway, Bristol, South Gloucestershire BS34 5AN3
£380K05/230.44 mi53, Stoke Lane, Patchway, Bristol, South Gloucestershire BS34 6DT3
£350K11/230.44 mi64, Stoke Lane, Patchway, Bristol, South Gloucestershire BS34 6DT3
£285K05/210.44 mi152, Rodway Road, Patchway, Bristol, South Gloucestershire BS34 5ED3
£267.5K03/210.45 mi7, Farley Close, Little Stoke, Bristol, South Gloucestershire BS34 6HB3
£310K12/220.46 mi66, Worthing Road, Patchway, Bristol, South Gloucestershire BS34 5HX3
£249K03/210.46 mi68, Worthing Road, Patchway, Bristol, South Gloucestershire BS34 5HX3
£287K03/230.46 mi62, Worthing Road, Patchway, Bristol, South Gloucestershire BS34 5HX3
£235.5K11/200.46 mi39, Painswick Avenue, Patchway, Bristol, South Gloucestershire BS34 6DB3
£415K08/230.46 mi3, Stoke Lane, Patchway, Bristol, South Gloucestershire BS34 6BN3
£243K12/210.47 mi42, Hammond Road, Patchway, Bristol, South Gloucestershire BS34 5AP3
£335K02/230.47 mi95, Farley Close, Little Stoke, Bristol, South Gloucestershire BS34 6HG3
£315K12/220.47 mi89, Farley Close, Little Stoke, Bristol, South Gloucestershire BS34 6HG3
£300K07/230.48 mi57, Farley Close, Little Stoke, Bristol, South Gloucestershire BS34 6HF3
£300K05/210.48 mi21, Dyrham Parade, Patchway, Bristol, South Gloucestershire BS34 6EF3
£303K12/200.48 mi7, Dyrham Parade, Patchway, Bristol, South Gloucestershire BS34 6EF3
£401.3K07/230.48 mi9, Rossall Avenue, Little Stoke, Bristol, South Gloucestershire BS34 6JT3
£255K08/210.48 mi51, Farley Close, Little Stoke, Bristol, South Gloucestershire BS34 6HE3
£320K09/230.48 mi51, Farley Close, Little Stoke, Bristol, South Gloucestershire BS34 6HE3
£318K08/210.49 mi9, Braydon Avenue, Little Stoke, Bristol, South Gloucestershire BS34 6EH3
£245K07/210.5 mi49, Pretoria Road, Patchway, Bristol, South Gloucestershire BS34 5PU3
£250K06/210.5 mi40, Chalcombe Close, Little Stoke, Bristol, South Gloucestershire BS34 6EW3

Local Rents

41 rents from £1.4K/mo to £4.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£2,00002/250.14 mi-3
£1,75003/240.15 mi-3
£1,65003/240.24 miHolly Gardens, Patchway, Bristol3
£1,85004/240.24 mi-3
£1,85003/240.24 miBuckleys Road, Patchway, Bristol, BS343
£1,60003/240.26 miHitchings Leaze, Patchway3
£1,75003/240.28 miCharlton Boulevard, Patchway3
£1,75004/240.28 miCharlton Boulevard, Patchway3
£1,85012/240.28 mi-3
£1,60005/240.31 mi-3
£1,60004/240.31 miRodway Road, Bristol, BS343
£1,60003/240.32 miWindermere Road, Patchway, Bristol3
£1,80003/240.33 miWood Street, Charlton Hayes, Bristol3
£1,75003/240.33 miWood Street, Charlton Hayes, Bristol3
£1,70004/240.33 miWood Street, Charlton Hayes, Bristol3
£1,70005/240.33 miWood Street, Charlton Hayes, Bristol3
£1,65003/250.34 mi-3
£2,25012/240.35 mi-3
£1,50005/240.42 miPretoria Road, Patchway, Bristol, Gloucestershire, BS343
£1,69002/250.43 mi-3
£1,40003/240.44 miDurban Road, Patchway, Bristol, Gloucestershire, BS343
£1,40003/240.44 miDurban Road, Patchway, Bristol, BS343
£1,50003/240.46 miWorthing Road, Patchway, Bristol3
£4,28002/250.5 mi-3
£1,60003/240.5 miRossall Avenue, Little Stoke, Bristol3
£1,60004/240.51 miHill Tops, Patchway, Bristol, BS343
£1,45003/240.53 miMansell Road, Patchway, Bristol, Gloucestershire, BS343
£1,45003/240.56 miCavendish Road, BS343
£1,39503/240.56 miCavendish Road Bristol BS343
£1,50003/240.57 miMaple Close, Little Stoke, Bristol, BS343
£1,50003/240.57 miCedar Close, Patchway, Bristol3
£1,50003/240.57 miCavendish Road, Patchway3
£1,40003/250.58 mi-3
£1,39510/230.58 miCedar Close, BS343
£1,55003/240.59 miWood Street, Charlton Hayes, Bristol, BS343
£1,70003/240.6 miWood Street, Charlton Hayes, Bristol3
£1,45003/240.61 miPretoria Road, Patchway, Bristol, BS343
£2,20002/240.61 mi-3
£1,80002/240.61 mi-3
£2,00001/250.61 mi-3
£1,52503/240.61 miPretoria Road, Patchway, BRISTOL3

Local Area Statistics

Population in BS34

29,893

Population in Bristol

795,432

Town centre distance

4.14 miles away

Nearest school

0.30 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Price changed to £325,000

February 20, 2025

Listed for £350,000

January 22, 2025

Floor Plans

Description

  • Large period three bedroom home +
  • Oversized Garage & Double driveway to rear +
  • Larger than average rear garden +
  • Through lounge/ diner with extended kitchen +
  • Ready to put your own stamp on +
  • No Onward Chain +

Expansive Three Bedroom Home with Endless Potential

Welcome to this charming period property situated on Gloucester Road, a highly sought-after location in Bristol. This spacious three bedroom house offers ample living space and presents a fantastic opportunity for those seeking a home with character and the chance to add their personal touch.

Upon entering the property, you will be greeted by a warm and inviting atmosphere. The through lounge and diner create a generous open-plan space, perfect for entertaining guests or spending quality time with family. Large windows allow natural light to flood the room, enhancing the bright and airy feel.

The extended kitchen is thoughtfully designed, with ample worktop and storage space for all your culinary needs. Here, you can prepare delightful meals while staying connected with loved ones in the adjacent dining area. The extended area allows for additional seating flexibility or the option to create a casual dining spot.

Upstairs, you will find three spacious bedrooms, each offering comfort and tranquility. The well-proportioned rooms provide ample space for relaxing and unwinding after a long day.

One of the standout features of this property is the larger than average rear garden. With plenty of space for outdoor activities, gardening, or simply enjoying the fresh air. Whether you wish to host summer barbecues with friends or create a tranquil space for relaxation, this private outdoor area offers endless possibilities.

Convenience and practicality are also important aspects of this property. A oversized garage and double driveway situated to the rear of the property provide ample parking space for multiple vehicles, ensuring you never have to worry about finding a parking spot. This is a rare find in the bustling city of Bristol and offers incredible value.

Patchway is a vibrant suburb in the northern fringe of Bristol, known for its excellent transport links and community amenities. It's conveniently located near the M4 and M5 motorways, making it a popular choice for commuters. Patchway boasts several local schools, parks, and shopping facilities, such as The Mall at Cribbs Causeway, which provides a wide range of retail, dining, and entertainment options. With its blend of accessibility, amenities, and community spirit, Patchway is an attractive spot for families, professionals, and first-time buyers alike.

Do not miss this opportunity to secure a charming period property that provides the chance to add your personal touch, create lasting memories, and enjoy the benefits of living in a prime location in Bristol. With no onward chain, the process is streamlined, allowing you to move in and start making new memories in no time.

Contact us today to arrange a viewing and begin your journey to owning a spacious three bedroom home with a double garage, larger than average rear garden, and endless possibilities.

IMPORTANT NOTICE: The Property Centre for themselves and for the vendors of the property, whose agents they are, give notice that: 1. the particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchaser and do not constitute part of an offer or contract. Prospective purchasers and lessees ought to seek their own professional advice. 2. All descriptions, dimensions, areas, reference to condition and necessary permissions for use and occupation and other details are given in good faith, and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of The Property Centre has any authority to make or give any representations or warranty whatever in relation to this property on behalf of The Property Centre, nor enter into any contract on behalf of the vendor. 4. No responsibility can be accepted for any expenses incurred by intending purchasers in inspecting properties which have been sold, let or withdrawn.

Photographs taken and details prepared January 2025

MEASUREMENTS AND OTHER INFORMATION: All measurements are approximate. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information with you. Code of Practice for Residential Estate Agents: Effective from 1 August 2011: '8. Financial Evaluation 8a At the time that an offer has been made and is being considered by the seller, you must take reasonable steps to find out from the prospective buyer the source and availability of his funds for buying the property and pass this information to the seller. Such information will include whether the prospective buyer needs to sell a property, requires a mortgage, claims to be a cash buyer or any combination of these. Such relevant information that is available should be included in the Memorandum of Sale having regard to the provisions of the Data Protection Act.8b These reasonable steps must continue after acceptance of the offer until exchange of contracts (in Scotland, conclusion of missives) and must include regular monitoring of the prospective buyer's progress in achieving the funds required, and reporting such progress to the seller. The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for their purpose. A Buyer is advised to obtain verification from their solicitor or surveyor. References to the Tenure of the Property are based on information supplied by the Seller. The agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.

Agent Details

The Property Centre, Bristol

0117 463 7923

Next Steps?

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