3 Bed Semi-Detached House, Refurb/BRRR, Bristol, BS8 3PR, £725,000

Bannerleigh Lane, Bristol, BS8 3PR - 2 views - 2 months ago

Refurb/BRRR
ROI: 1%
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£277.5K - £1.3M
Sold Prices/m²£2.9K/m² - £7.1K/m²

 

 

Square Metres

~93 m²
Price/m²£7.8K/m²

Value Estimate

£434,841

 

 

End Value (After Refurb)

£535,037

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£181,250

Stamp Duty & Legal Fees

£46,700

Refurb Costs

£37,702

Bridging Loan Interest

£19,031

Total Cash In

£286,433

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£535,037

Mortgage (After Refinance)

£401,278

Mortgage LTV

75%

Cash Left In

£286,433

Equity

£133,759

Rent Range

£1,700 - £3,250

Rent Estimate

£2,355

Running Costs/mo

£2,163

Cashflow/mo

£192

Cashflow/yr

£2,304

ROI

1%

Gross Yield

4%

Local Sold Prices

30 sold prices from £277.5K to £1.3M, average is £630K. £2.9K/m² to £7.1K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£835K03/210.39 mi92, Princess Victoria Street, Bristol, City Of Bristol BS8 4DB3
£832K10/200.39 mi102, Princess Victoria Street, Bristol, City Of Bristol BS8 4DB3
£780K04/230.43 mi5, Westfield Place, Bristol, City Of Bristol BS8 4AY3
£725K11/220.43 mi61, Princess Victoria Street, Bristol, City Of Bristol BS8 4DD3
£360K09/210.5 miThird Floor Flat, 37, Caledonia Place, Bristol, City Of Bristol BS8 4DN3
£750K05/230.55 mi28b, York Gardens, Clifton, Bristol, City Of Bristol BS8 4LN3
£277.5K03/210.59 miGarden Flat, 5, Dowry Square, Bristol, City Of Bristol BS8 4SH3
£545K03/210.67 mi24, Sandford Road, Bristol, City Of Bristol BS8 4QG3
£510K02/230.73 mi80, Rownham Mead, Bristol, City Of Bristol BS8 4YD3
£583.5K01/230.75 miRoxburgh Cottage, Clifton Down, Bristol, City Of Bristol BS8 3HU3
£620K06/210.76 mi8, Ambra Vale South, Bristol, City Of Bristol BS8 4RN3
£870K04/220.77 mi8, Nova Scotia Place, Bristol, City Of Bristol BS1 6XJ3
£420K12/200.77 mi4, Crosby Row, Clifton, Bristol, City Of Bristol BS8 4SR3
£593K03/210.77 mi42, Ambra Vale East, Bristol, City Of Bristol BS8 4RE3
£735K02/230.77 mi17, Vyvyan Road, Bristol, City Of Bristol BS8 3AD3
£461K01/210.77 mi9, Avon Crescent, Bristol, City Of Bristol BS1 6XQ3
£445K12/200.78 mi18, Avon Crescent, Bristol, City Of Bristol BS1 6XQ3
£640K06/210.78 mi36, Ambra Vale East, Bristol, City Of Bristol BS8 4RE3
£1.3M05/210.84 miThe Coach House, Pembroke Vale, Bristol, City Of Bristol BS8 3DN3
£875K12/220.89 mi35, Church Lane, Clifton, Bristol, City Of Bristol BS8 4TR3
£410K12/220.92 mi1, Hill View, Clifton, Bristol, City Of Bristol BS8 1DF3
£732K09/210.93 mi26, Frayne Road, Bristol, City Of Bristol BS3 1RU3
£595K03/230.93 mi28, Clift Road, Bristol, City Of Bristol BS3 1RZ3
£850K04/210.95 mi19, Clifton Wood Crescent, Bristol, City Of Bristol BS8 4TU3
£750K06/210.95 mi40, Clifton Wood Crescent, Bristol, City Of Bristol BS8 4TU3
£680K09/210.95 mi39, Clifton Wood Crescent, Bristol, City Of Bristol BS8 4TU3
£503K07/230.96 mi13, Bower Ashton Terrace, Bristol, City Of Bristol BS3 2LE3
£690K01/220.97 miCloisters, Garden Court, Alma Vale Road, Clifton, Bristol, City Of Bristol BS8 2HT3
£500K07/230.97 mi232, Coronation Road, Southville, Bristol, City Of Bristol BS3 1RL3
£565K10/200.98 mi9, Gorse Lane, Bristol, City Of Bristol BS8 1DH3

Local Rents

17 rents from £1.7K/mo to £3.3K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£3,25003/240.09 miBurwalls Road, Leigh Woods3
£2,30003/240.1 miTelford House, North Road,3
£2,25003/240.38 miPrinces Buildings - Clifton Village3
£2,25003/240.38 miPrinces Buildings SFF – 1573
£2,69503/240.41 miCaledonia Place, Heart of Clifton Village3
£2,95003/240.43 miPrincess Victoria Street, Heart of Clifton Village3
£2,40003/240.45 miClifton Village, Princess Victoria Street, BS8 4DD3
£1,85003/240.47 miRoyal York Crescent, Clifton Village, Bristol, BS83
£2,45003/240.48 miPortland Street, Clifton, Bristol, BS8 4JD3
£2,40003/240.5 miCaledonia Place, Clifton Village, BS8 4DN3
£1,95003/240.5 miAlbermarle Row – Flat 63
£1,70012/240.5 miFlat , Caledonia Place, BS83
£2,40003/240.59 miClifton Village, Rodney Place, BS8 4HY3
£2,21003/240.61 miHotwell Road, Dowry Mews, Hotwells, Bristol, BS8 4SN3
£2,28503/240.61 miHotwell Road, Dowry Mews, Hotwells, Bristol, BS8 4SN3
£2,44803/240.62 miFirst Floor Flat Clifton Down Road3
£2,25003/240.62 miCornwallis Crescent, Clifton , BS83

Local Area Statistics

Population in BS8

26,327

Population in Bristol

795,432

Town centre distance

2.20 miles away

Nearest school

0.50 miles away

Nearest train station

1.23 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-18%

Sales demand

Seller's market

Capital growth (5yrs)

+5%

Property History

Listed for £725,000

January 24, 2025

Floor Plans

Description

  • Three bedrooms +
  • Family home +
  • Large garden +
  • Off street parking +
  • Huge potential +
  • No onward chain +

Fantastic three bedroom semi-detached home in a highly sought after location, offered to the market with no onward chain.

The property, although well-kept and ready to move in to, is in need of modernisation and is perfect for those looking for something they can make their own with potential to extend or simply reconfigure.

As is the property is configured over two floors, the ground floor offers a welcoming entrance hall, a large kitchen diner and a generous lounge- both providing access to the rear garden, there is also a well proportioned study/ playroom and ample storage space. On the first floor you will find three bedrooms, two of which are doubles, a bathroom, a separate wc and a utility room. Furthermore there is a large landing space with the option to partition and create an office or dressing room.

Outside there is off street parking to the front and two storage cupboards. To the rear of the property there is the garden- a fantastic and generous space- southerly facing, private and accessible via the lounge and the dining space- making it perfect for entertaining in the summer months.

It is rare to find a house so close to town with no passing traffic yet Clifton village is just over Brunel’s suspension bridge; which is a mere 0.4 miles away. Access to Ashton Court estate is similarly close and Leigh Woods Nature Reserve is quite literally round the corner – with an abundance of footpaths and mountain bike trails.

The immediate environs offer many leisure pursuits such as golf courses and health clubs. There are excellent transport links to Bristol's commercial centre as well as the motorway networks. Clifton Village offers an eclectic mix of bars, restaurants and high end boutiques and there are a number of high quality independent schools with Clifton College and Clifton High School to name but two.

For more information or to arrange your viewing please contact Chappell and Matthews Estate Agents.

Agents Note-
This property is being sold on behalf of a corporate client. It is marketed subject to obtaining the grant of probate and must remain on the market until contracts are exchanged. As part of a deceased's estate it may not be possible to provide answers to the standard property questionnaire. Please refer to the agent before viewing if you feel this may affect your buying decision.

Agent Details

Chappell & Matthews, Whiteladies Road

0117 463 9533

Next Steps?

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