6 Bed HMO, Bristol, BS4 3BE £535,000

Summer Hill, Totterdown, Bristol, BS4 3BE - 4 views - 9 months ago
Auction
HMO
ROI: 6%
~186 m²
Property image
Property image

ValuationUndervalued

Sold Prices£530K - £2.5M
Sold Prices/m²£2.5K/m² - £82K/m²

 

 

Square Metres

~186 m²
Price/m²£2.9K/m²

Value Estimate

£642,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£133,750

Stamp Duty & Legal Fees

£44,700

Total Cash In

£178,450

 

 

Cash Out

 

Room Rate

£689

Gross Rent

£4,134

Running Costs/mo

£3,279

Cashflow/mo

£855

Cashflow/yr

£10,265

ROI

6%

Gross Yield

9%

Local Sold Prices

50 sold prices from £530K to £2.5M, average is £1.2M. £2.5K/m² to £82K/m², average is £4.5K/m².

Price
Date
Distance
Address
Beds
 
£900K04/241.39 mi21, Searle Court Avenue, St Annes, Bristol BS4 4QR6
£1.0M07/241.49 mi4, Queens Parade, City Centre, Bristol BS1 5XJ6
£1.0M07/241.52 mi4, Queens Parade, Bristol, City Of Bristol BS1 5XJ6
£585K05/211.58 mi60, City Road, Bristol, City Of Bristol BS2 8TX6
£1.2M06/211.72 mi68, Kingsdown Parade, Bristol, City Of Bristol BS6 5UQ6
£925K08/251.8 mi34, Cotham Road, Cotham, Bristol BS6 6DP6
£1.6M01/231.87 mi3, Tottenham Place, Bristol, City Of Bristol BS8 1AJ6
£1.5M02/241.93 mi1, Goldney Avenue, Clifton, Bristol BS8 4RA6
£1.5M02/241.93 mi1, Goldney Avenue, Clifton, Bristol BS8 4RA6
£585K01/231.96 mi77, Cromwell Road, St Andrews, Bristol, City Of Bristol BS6 5HA6
£800K01/251.98 mi16, St Pauls Road, Clifton, Bristol BS8 1LR6
£800K01/251.98 mi16, St Pauls Road, Clifton, Bristol BS8 1LR6
£666K04/231.99 mi124, Cromwell Road, St Andrews, Bristol, City Of Bristol BS6 5EZ6
£850K08/212.01 mi53, Chesterfield Road, St Andrews, Bristol, City Of Bristol BS6 5DW6
£1.7M12/222.02 mi3, Clifton Vale, Bristol, City Of Bristol BS8 4PT6
£1.9M06/212.02 mi5, Lansdown Place, Bristol, City Of Bristol BS8 3AE6
£1.1M02/242.08 mi17, Woodstock Avenue, Cotham, Bristol BS6 6EW6
£1.1M02/242.09 mi17, Woodstock Avenue, Bristol, City Of Bristol BS6 6EW6
£980K09/212.1 mi4, Chesterfield Road, St Andrews, Bristol, City Of Bristol BS6 5DL6
£890K03/252.14 mi4, Alma Road Avenue, Clifton, Bristol BS8 2DH6
£890K03/252.14 mi4, Alma Road Avenue, Clifton, Bristol BS8 2DH6
£905K02/252.15 mi24, Leopold Road, Bristol, City Of Bristol BS6 5BS6
£1.9M10/242.15 mi26, Hanbury Road, Clifton, Bristol BS8 2EP6
£1.9M10/242.17 mi26, Hanbury Road, Bristol, City Of Bristol BS8 2EP6
£851K04/232.18 mi116, Chesterfield Road, St Andrews, Bristol, City Of Bristol BS6 5DU6
£1.1M07/252.18 mi57, Pembroke Road, Clifton, Bristol BS8 3BE6
£1.8M11/222.2 mi29, Fernbank Road, Bristol, City Of Bristol BS6 6PX6
£2.5M11/212.24 mi5, The Paragon, Bristol, City Of Bristol BS8 4LA6
£1.0M11/222.31 mi29, Elton Road, Bishopston, Bristol, City Of Bristol BS7 8DF6
£720K06/212.32 mi378, Hotwell Road, Bristol, City Of Bristol BS8 4NT6
£1.1M12/222.34 mi41, Cranbrook Road, Bristol, City Of Bristol BS6 7BP6
£1.6M11/222.35 mi17, Limerick Road, Bristol, City Of Bristol BS6 7DY6
£1.2M06/212.36 mi55, Salisbury Road, Redland, Bristol, City Of Bristol BS6 7AS6
£1.3M06/252.37 mi11, Canynge Square, Clifton, Bristol BS8 3LA6
£1.3M06/252.37 mi11, Canynge Square, Clifton, Bristol BS8 3LA6
£2.0M12/232.41 mi16, Hurle Crescent, Bristol, City Of Bristol BS8 2TA6
£1.8M01/232.42 mi25, Woodstock Road, Redland, Bristol, City Of Bristol BS6 7EL6
£1.4M12/242.46 mi31, Julius Road, Bristol, City Of Bristol BS7 8EU6
£2.3M06/252.49 mi54, Apsley Road, Clifton, Bristol BS8 2ST6
£2.3M06/252.49 mi54, Apsley Road, Clifton, Bristol BS8 2ST6
£1.2M08/252.49 mi10, Julius Road, Bishopston, Bristol BS7 8EU6
£1.6M09/222.53 mi19, Wellington Park, Bristol, City Of Bristol BS8 2UR6
£530K03/252.57 mi28, Harolds Way, Bristol BS15 8HW6
£530K03/252.57 mi28, Harolds Way, Bristol BS15 8HW6
£2.5M09/222.65 miMulberry Lodge, Bannerleigh Lane, Leigh Woods, Bristol, North Somerset BS8 3PR6
£1.3M01/232.65 mi71, Worrall Road, Bristol, City Of Bristol BS8 2TX6
£2.2M07/242.68 mi7, Upper Belgrave Road, Clifton, Bristol BS8 2XQ6
£2.2M07/242.68 mi7, Upper Belgrave Road, Clifton, Bristol BS8 2XQ6
£812.5K12/242.7 mi8, Nevil Road, Bristol, City Of Bristol BS7 9EQ6
£1.6M04/232.72 mi6, Durdham Park, Bristol, City Of Bristol BS6 6XA6

Local Area Statistics

Population in BS4

47,993

Population in Bristol

795,432

Town centre distance

2.12 miles away

Nearest school

0.20 miles away

Nearest train station

0.60 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+48%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Price changed to £535,000

May 15, 2025

Listed for £600,000

January 27, 2025

Floor Plans

Property image

Description

Auctioneer Comments This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation 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 go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Located in the ever popular Totterdown, just minutes from Bristol Templemeads and the City Centre. This terraced house has plenty of scope to provide a range of accommodation. With two entrances from the street, the first door takes you into an entrance porch, open plan living / dining rooms, a kitchen, a downstairs bedroom or study with ensuite shower room and stairs leading to the first floor. The second entrance takes you into a storage corridor with a downstairs toilet, storage cupboard and room for several bicycles and a garden room leading to huge terraced grounds. There are 4 bedrooms on the first floor, one is ensuite, and here there is also the family bathroom with a jacuzzi bath /shower. On the top floor there is an attic room that has been converted with building permission into a bedroom. The recently insulated roof also boasts 14 solar panels which benefits from a modern battery storage system. There is also a Nuaire system fitted which ensures that condensation dampness and mould cannot exist and where allergens and pollutants are kept away. This house is suitable as either a large family home or an HMO for multi-occupancy rental. It has a surprisingly green feel for a city home with views to the back perched over an unusually large wild life garden which includes a terrace area ideal for entertaining and BBQs. It is nestled in a quiet spot but within a heartbeat's reach of shops, cafes, pubs, a gym, a yoga centre, nurseries and a school. The area hosts the first Art Trail in Bristol and has a cinema club and a variety of local organisations catering for wide interests and tastes. It is also only a stone's throw from Arnos Vale with forty five acres of this spectacular Victorian Cemetery which is an amazing resource for the middle of a city with its handy cafe and an ideal place to feel the spirit of nature in an urban area.

Agent Details

Taylors Estate Agents, Brislington

0117 463 8196

Next Steps?

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