3 Bed Bungalow, Refurb/BRRR, Bristol, BS20 0HD, £550,000

Cabot Way, Ham Green, Pill, Bristol, BS20 0HD - 2 months ago

Refurb/BRRR
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£220K - £760K
Sold Prices/m²£2.4K/m² - £6.9K/m²

 

 

Square Metres

~93 m²
Price/m²£5.9K/m²

Value Estimate

£314,744

 

 

End Value (After Refurb)

£442,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£137,500

Stamp Duty & Legal Fees

£34,700

Refurb Costs

£38,000

Bridging Loan Interest

£14,438

Total Cash In

£226,388

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£442,500

Mortgage (After Refinance)

£331,875

Mortgage LTV

75%

Cash Left In

£226,388

Equity

£110,625

Rent Range

£1,250 - £1,700

Rent Estimate

£1,511

Running Costs/mo

£1,705

Cashflow/mo

£-194

Cashflow/yr

£-2,328

Gross Yield

3%

Local Sold Prices

50 sold prices from £220K to £760K, average is £310K. £2.4K/m² to £6.9K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£400K04/210.06 mi6, Sturmey Way, Pill, Bristol, North Somerset BS20 0ER3
£531K12/220.1 mi5, Fitzharding Road, Pill, Bristol, North Somerset BS20 0EH3
£415K01/210.14 mi5, Fitzharding Road, Easton In Gordano, Bristol, North Somerset BS20 0EH3
£353K05/210.25 mi37, Ham Green, Pill, Bristol, North Somerset BS20 0EY3
£335K05/210.25 mi17, Ham Green, Pill, Bristol, Avon BS20 0EY3
£340K12/220.26 mi45, Brookside, Pill, Bristol, North Somerset BS20 0LA3
£371K04/210.28 mi17, Anchor Way, Pill, Bristol, North Somerset BS20 0JY3
£263K11/210.34 mi14, Overhill, Pill, Bristol, North Somerset BS20 0JZ3
£330K06/230.34 mi1, Overhill, Pill, Bristol, North Somerset BS20 0JZ3
£220K11/200.34 mi3, Eirene Terrace, Pill, Bristol, North Somerset BS20 0ET3
£315K01/230.35 mi50a, Westward Drive, Pill, Bristol, North Somerset BS20 0JR3
£300K07/230.39 mi3, Mount Pleasant, Pill, Bristol, North Somerset BS20 0ES3
£760K03/210.42 miPear Tree Lodge, Blackmoor Road, Abbots Leigh, Bristol, North Somerset BS8 3RH3
£265K09/230.45 mi16, New Road, Pill, Bristol, North Somerset BS20 0AD3
£389.9K02/210.45 mi5, Davin Crescent, Pill, Bristol, North Somerset BS20 0LD3
£346K12/220.46 mi59, Crockerne Drive, Pill, Bristol, North Somerset BS20 0LE3
£300K03/210.47 mi7, Church Path Road, Pill, Bristol, North Somerset BS20 0EE3
£310K03/210.47 mi35, Westward Drive, Pill, Bristol, North Somerset BS20 0JW3
£261.5K10/200.47 mi7, Westward Drive, Pill, Bristol, North Somerset BS20 0JW3
£665K01/230.49 miAcorn Meadows, Pill Road, Abbots Leigh, Bristol, North Somerset BS8 3RF3
£235K04/210.49 mi6, South Grove, Pill, Bristol, North Somerset BS20 0JN3
£281K05/210.49 mi26, Westward Drive, Pill, Bristol, North Somerset BS20 0JP3
£305K12/220.49 mi72, Crockerne Drive, Pill, Bristol, North Somerset BS20 0LE3
£245K11/200.49 mi72, Crockerne Drive, Pill, Bristol, North Somerset BS20 0LE3
£310K11/220.49 mi54, Crockerne Drive, Pill, Bristol, North Somerset BS20 0LE3
£256.5K06/210.51 mi11, Springfield Road, Pill, Bristol, North Somerset BS20 0DP3
£332K03/230.54 mi1a, Back Lane, Pill, Bristol, North Somerset BS20 0AX3
£355K10/220.55 mi42, Nibley Road, Bristol, City Of Bristol BS11 9XR3
£255K10/200.55 mi1, North Grove, Pill, Bristol, North Somerset BS20 0JL3
£245K06/210.55 mi4, North Grove, Pill, Bristol, North Somerset BS20 0JL3
£315K06/230.56 mi89, Nibley Road, Bristol, City Of Bristol BS11 9XP3
£287.5K11/200.56 mi103, Nibley Road, Bristol, City Of Bristol BS11 9XP3
£310K12/220.56 mi6, Rudgleigh Road, Pill, Bristol, North Somerset BS20 0DS3
£265.5K08/210.58 mi28, Rudgleigh Road, Pill, Bristol, North Somerset BS20 0DS3
£285K09/230.59 mi10, Friendly Row, Pill, Bristol, North Somerset BS20 0BH3
£320K10/210.6 mi30, Dursley Road, Bristol, City Of Bristol BS11 9XF3
£295K12/220.6 mi8, Port View, Pill, Bristol, North Somerset BS20 0BJ3
£310K03/210.62 mi10, Dursley Road, Bristol, City Of Bristol BS11 9XB3
£288K04/230.62 mi18, Dursley Road, Bristol, City Of Bristol BS11 9XB3
£222K03/210.63 mi10, Marine Parade, Pill, Bristol, North Somerset BS20 0BE3
£425K09/230.64 mi74, Station Road, Shirehampton, Bristol, City Of Bristol BS11 9XA3
£350K03/230.66 mi1, Newport Road, Pill, Bristol, North Somerset BS20 0AZ3
£337K03/230.68 mi2, Hardwick Road, Pill, Bristol, North Somerset BS20 0DG3
£289.9K05/210.69 mi25, Hardwick Road, Pill, Bristol, North Somerset BS20 0DB3
£255K10/210.69 mi143, Dursley Road, Bristol, City Of Bristol BS11 9XQ3
£240K12/220.69 mi462, Portway, Bristol, City Of Bristol BS11 9TZ3
£365K11/200.7 mi5, The Lovells, Easton In Gordano, Bristol, North Somerset BS20 0JA3
£290K01/210.71 mi5, Oak Grove, Easton In Gordano, Bristol, North Somerset BS20 0LN3
£321K03/230.74 mi1, Severn Road, Pill, Bristol, North Somerset BS20 0BA3
£275K09/210.75 mi50, Avon Road, Pill, Bristol, North Somerset BS20 0BB3

Local Rents

15 rents from £1.3K/mo to £1.7K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,50003/240.09 miMiles Close - Ham Green3
£1,45012/240.28 miAnchor Way - Pill3
£1,25003/250.43 mi-3
£1,35003/250.51 mi-3
£1,50004/240.68 miPortway3
£1,70002/250.77 mi-3
£1,70002/250.77 mi-3
£1,49503/240.84 miBurnham Road - Shirehampton3
£1,57505/240.91 miPriory Road - Shirehampton3
£1,50003/241 mi-3
£1,65002/241 mi-3
£1,50002/251 mi-3
£1,50006/231.06 mi-3
£1,50001/251.14 mi-3
£1,50011/241.16 mi-3

Local Area Statistics

Population in BS20

30,042

Population in Bristol

795,432

Town centre distance

3.80 miles away

Nearest school

0.10 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £550,000

February 28, 2025

Listed for £575,000

January 22, 2025

Floor Plans

Description

  • Three double bedrooms +
  • Spacious lounge/dining room +
  • Second reception room +
  • Fitted kitchen and bathroom +
  • Generous size plot +
  • Ample parking and garage +
  • Council tax band - E +
  • EPC rating - D +

Occupying a generous size plot in a pleasant tucked away position, is this spacious detached bungalow located on a private road neighbouring the local cricket ground in Ham Green. The property is accessed via double gates with a large driveway to the front offering ample off street parking and access to the single garage. The fully enclosed mature gardens wrap around the property and are predominantly laid to stone chippings, lawn and patio with shrub and tree borders. Internally there are three double bedrooms, lounge/dining room, second reception room, fitted kitchen and family bathroom. The accommodation requires a degree of modernisation presenting an exciting opportunity for those looking to put their stamp on a property and has the added benefit of no onward chain. Internal viewing highly advised.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

POR240051/2

Agent Details

Reeds Rains, Portishead

01275 403080

Next Steps?

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