3 Bed Semi-Detached House, Refurb/BRRR, Bristol, BS14 8HU, £395,000

41 Stockwood Road, Bristol, BS14 8HU - 3 views - 2 months ago

Sold STC
Refurb/BRRR
Planning
ROI: 1%
81 m²
+7 photos

ValuationOvervalued

Sold Prices£218K - £475K
Sold Prices/m²£2.3K/m² - £4.3K/m²

 

 

Square Metres

81 m²
Price/m²£4.9K/m²

Value Estimate

£246,522

 

 

End Value (After Refurb)

£307,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£98,750

Stamp Duty & Legal Fees

£20,300

Refurb Costs

£32,823

Bridging Loan Interest

£10,369

Total Cash In

£163,992

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£307,500

Mortgage (After Refinance)

£230,625

Mortgage LTV

75%

Cash Left In

£163,992

Equity

£76,875

Rent Range

£500 - £2,250

Rent Estimate

£1,477

Running Costs/mo

£1,276

Cashflow/mo

£201

Cashflow/yr

£2,408

ROI

1%

Gross Yield

4%

Local Sold Prices

50 sold prices from £218K to £475K, average is £266.5K. £2.3K/m² to £4.3K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£218K04/210.13 mi24, Showering Road, Bristol, City Of Bristol BS14 8DN3
£339K09/230.14 mi20, Goslet Road, Bristol, City Of Bristol BS14 8SP3
£281K07/230.15 mi11, Showering Road, Bristol, City Of Bristol BS14 8DL3
£261K12/200.16 mi31, Battson Road, Bristol, City Of Bristol BS14 8SW3
£260K03/210.16 mi8, Materman Road, Stockwood, Bristol, City Of Bristol BS14 8SS3
£280K06/230.16 mi30, Materman Road, Stockwood, Bristol, City Of Bristol BS14 8SS3
£273.1K06/230.18 mi5, Selden Road, Bristol, City Of Bristol BS14 8PS3
£258K03/210.18 mi19, Selden Road, Bristol, City Of Bristol BS14 8PS3
£249.9K11/200.19 mi37, Stockwood Lane, Bristol, City Of Bristol BS14 8SL3
£280K06/230.2 mi68, Craydon Grove, Bristol, City Of Bristol BS14 8EY3
£245K09/210.2 mi52, Whittock Road, Bristol, City Of Bristol BS14 8DJ3
£340K08/230.22 mi4, Harrington Road, Bristol, City Of Bristol BS14 8LD3
£268K04/210.23 mi33, Harrington Road, Bristol, City Of Bristol BS14 8LB3
£240.5K05/210.24 mi56, Craydon Grove, Bristol, City Of Bristol BS14 8EX3
£315K03/210.24 mi100, Stockwood Road, Bristol, City Of Bristol BS14 8JF3
£265K08/230.25 mi229, Sturminster Road, Bristol, City Of Bristol BS14 8EW3
£335K06/230.25 mi31, Bagnell Road, Bristol, City Of Bristol BS14 8PZ3
£245K01/210.25 mi47, Ladman Road, Bristol, City Of Bristol BS14 8QD3
£250K08/210.26 mi42, Craydon Road, Bristol, City Of Bristol BS14 8HB3
£247K01/210.26 mi201, Sturminster Road, Bristol, City Of Bristol BS14 8EL3
£276K08/230.27 mi123, Whittock Road, Bristol, City Of Bristol BS14 8DG3
£260K08/230.28 mi21, Cowling Drive, Bristol, City Of Bristol BS14 8DT3
£220K03/210.29 mi162, Whittock Road, Bristol, City Of Bristol BS14 8DE3
£220K02/210.29 mi6, Bifield Gardens, Bristol, City Of Bristol BS14 8TF3
£235K06/210.29 mi33, Bifield Gardens, Bristol, City Of Bristol BS14 8TF3
£250K01/230.3 mi66, Bifield Gardens, Bristol, City Of Bristol BS14 8TG3
£250K08/230.32 mi9, Tibbott Walk, Bristol, City Of Bristol BS14 8DR3
£280.1K11/210.33 mi7, Bifield Road, Bristol, City Of Bristol BS14 8TH3
£246K05/210.33 mi9, Bifield Road, Bristol, City Of Bristol BS14 8TH3
£345K05/210.33 mi13, Warren Gardens, Bristol, City Of Bristol BS14 8TL3
£275K05/210.33 mi44, Cowling Drive, Bristol, City Of Bristol BS14 8DS3
£255K12/200.37 mi25, Harrington Avenue, Bristol, City Of Bristol BS14 8JU3
£355K11/220.38 mi18, Harrington Avenue, Bristol, City Of Bristol BS14 8JT3
£255K01/210.38 mi1, Cornish Road, Bristol, City Of Bristol BS14 8LR3
£320K10/230.38 mi32, Pynne Road, Bristol, City Of Bristol BS14 8QJ3
£254K11/200.39 mi97, Harrington Road, Bristol, City Of Bristol BS14 8JP3
£247K03/210.41 mi45, Cottle Road, Bristol, City Of Bristol BS14 8QR3
£270K04/210.42 mi171, Stockwood Lane, Bristol, City Of Bristol BS14 8SZ3
£218K03/210.43 mi237, Whittock Road, Bristol, City Of Bristol BS14 8DB3
£398.8K05/230.44 mi12, Dene Road, Bristol, Bath And North East Somerset BS14 0PG3
£330K06/210.44 mi5, The Drive, Hengrove, Bristol, Bath And North East Somerset BS14 9JB3
£282K05/230.45 mi124, Harrington Road, Bristol, City Of Bristol BS14 8JR3
£370K07/230.45 mi116, Harrington Road, Bristol, City Of Bristol BS14 8JR3
£275K11/200.45 mi27, Yeomanside Close, Bristol, City Of Bristol BS14 0PZ3
£332K12/220.46 mi1, Yeomanside Close, Bristol, City Of Bristol BS14 0PZ3
£360K01/210.46 mi24, Whitecross Avenue, Bristol, City Of Bristol BS14 9JD3
£265K12/200.48 mi3, Sideland Close, Bristol, City Of Bristol BS14 8LE3
£325.5K12/220.48 mi58, The Coots, Bristol, City Of Bristol BS14 8LJ3
£262.5K04/210.48 mi192, Sturminster Road, Bristol, City Of Bristol BS14 8AR3
£475K08/230.49 mi25, Woodleigh Gardens, Bristol, Bath And North East Somerset BS14 9JA3

Local Rents

15 rents from £500/mo to £2.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40003/250.13 mi-3
£1,40007/240.14 mi-3
£1,49502/250.19 mi-3
£50006/240.28 mi-3
£75002/250.28 mi-3
£1,40003/240.32 miBifield Gardens, Bristol3
£1,37503/240.34 miLadman Road, Bristol, BS143
£1,50004/240.36 miPynne Road, Stockwood, Bristol3
£1,40003/240.38 miCornish Road, Whitchurch, Bristol3
£1,40004/240.39 miHarrington Road, Bristol3
£1,50004/240.5 miCogsall Road, Bristol, Somerset, BS143
£1,40003/240.6 miStaunton Fields, Bristol, BS143
£1,60012/230.61 mi-3
£2,25003/240.61 miSleep Lane, Bristol, BS143
£1,99505/240.62 miSleep Lane Bristol BS143

Local Area Statistics

Population in BS14

28,656

Population in Bristol

795,432

Town centre distance

4.48 miles away

Nearest school

0.20 miles away

Nearest train station

2.31 miles away

 

 

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Listed for £395,000

January 22, 2025

Floor Plans

Description

  • Planning Permission Granted for Additional Two Bedroom Dwelling +
  • Attention Investors +
  • Corner Plot Level Access +
  • Bristol City Council Planning Portal Ref. No: 24/00335/F +
  • No Onward Chain +
  • Great Investment Potential +
  • Generous Three Bedroom Home +
  • Close Proximity to Local Shops & Schools +
  • Excellent Public Transport Links +

This semi-detached development property, currently listed for sale, represents an exceptional opportunity for investors looking to seize upon its untapped potential. While the property is in need of renovation, it boasts planning permission for the construction of a two-bedroom home, further enhancing its appeal to those with a vision for its future.

Stepping inside the property, you will find three generously proportioned bedrooms, a bathroom, and a single reception room. The layout is practical and spacious, providing a solid foundation for refurbishment. An existing kitchen also offers a great canvas for redesigning according to personal taste and style.

The property has an EPC rating of D, falling within council tax band C. While it is currently in need of some TLC, the potential for transformation is immense, making it an exciting proposition for those looking to undertake a renovation project.

Location-wise, the property is ideally situated with excellent public transport links and local amenities nearby, as well as green spaces for relaxation or outdoor pursuits. The proximity to local schools also makes it an appealing option for families, while the sought-after location adds to the property's long-term investment potential.

In sum, this is a rare opportunity to acquire a development property in a prime location, with the added benefit of existing planning permission for further development. For investors with an eye for potential, this property presents an intriguing prospect.

Entrance Hall -

Sitting Room / Dining Room -

Kitchen -

First Floor Landing -

Bedroom One -

Bedroom Two -

Bedroom Three -

Bathroom -

Outside -

Front Garden -

Rear Garden -

Side Garden -

Garage -

Agent Details

Eveleighs, Keynsham

0117 463 6061

Next Steps?

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