2 Bed Flat, Single Let, Bristol, BS20 7PY, £240,000

Wagtail Crescent, Portishead, Bristol, BS20 7PY - 1 views - 2 months ago

Leasehold
BTL
ROI: 2%
~54 m²
+3 photos

ValuationOvervalued

Sold Prices£107.5K - £517K
Sold Prices/m²£1.9K/m² - £6.1K/m²

 

 

Square Metres

~54.30 m²
Price/m²£4.4K/m²

Value Estimate

£224,193

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£13,200

Total Cash In

£73,200

 

 

Cash Out

 

Rent Range

£1,150 - £1,450

Rent Estimate

£1,150

Running Costs/mo

£1,000

Cashflow/mo

£150

Cashflow/yr

£1,800

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £107.5K to £517K, average is £273.8K. £1.9K/m² to £6.1K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£210K10/210.1 mi10, Goldcrest Way, Portishead, Bristol, North Somerset BS20 7ND2
£113.5K03/230.1 mi4, Goldcrest Way, Portishead, Bristol, North Somerset BS20 7ND2
£275K11/220.2 mi79, Phoenix Way, Portishead, Bristol, North Somerset BS20 7FG2
£295K11/200.26 mi133, Wren Gardens, Portishead, Bristol, North Somerset BS20 7PP2
£200K09/230.31 miWaverley Court, 20, Forth Avenue, Portishead, Bristol, North Somerset BS20 7NY2
£107.5K04/210.35 mi105, Forth Avenue, Portishead, Bristol, North Somerset BS20 7NQ2
£355K07/210.4 mi28, Kittiwake Drive, Portishead, Bristol, North Somerset BS20 7PL2
£272.5K04/210.4 mi59, Kittiwake Drive, Portishead, Bristol, North Somerset BS20 7PL2
£240K02/210.4 mi45, Kittiwake Drive, Portishead, Bristol, North Somerset BS20 7PL2
£207.5K04/210.41 mi37, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£265K11/220.41 mi25, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£215K02/210.41 mi39, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£245K12/200.41 mi109, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£500K11/200.51 mi425, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£215K08/230.51 mi26, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QE2
£260K06/230.52 mi120, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7PT2
£250K02/210.52 mi194, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7PT2
£217K10/200.55 mi123, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£242K12/210.55 mi114, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£263K10/210.55 mi105, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£517K10/200.56 mi407, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£330K10/200.56 mi397, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£333K02/210.56 mi385, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£325K06/230.56 mi333, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£290K11/220.56 mi18, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QJ2
£260K03/210.57 mi557, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QF2
£230K12/210.58 mi106, Merchant Square, Portishead, Bristol, North Somerset BS20 7PE2
£344K02/230.59 mi40, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£275K06/230.59 mi33, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£268K12/200.6 mi41, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£278K04/210.6 mi56, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£285K01/210.6 mi43, The Anchorage, Portishead, Bristol, North Somerset BS20 7FN2
£455K03/210.63 mi8, Lockside Square, Portishead, Bristol, North Somerset BS20 7AH2
£410K08/230.63 mi5, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£425K03/230.63 mi6, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£350K01/210.63 mi4, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£360K02/230.63 mi33, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£385K11/220.63 mi32, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£430K09/230.63 mi56, Lockside, Portishead, Bristol, North Somerset BS20 7AF2
£291K04/210.63 mi61, Lockside, Portishead, Bristol, North Somerset BS20 7AF2
£235K11/200.64 mi193, Eastcliff, Portishead, Bristol, North Somerset BS20 7AQ2
£232K11/210.64 mi217, Eastcliff, Portishead, Bristol, North Somerset BS20 7AQ2
£235K11/200.64 mi193, Eastcliff, Portishead, Bristol, North Somerset BS20 7AQ2
£220K03/210.64 mi215, Eastcliff, Portishead, Bristol, North Somerset BS20 7AQ2
£425K11/200.65 miFlat 19, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£330K04/210.65 miFlat 33, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£410K10/230.65 miFlat 31, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£255K12/200.67 mi32, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£220K01/210.67 mi28, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£275K12/200.67 mi48, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2

Local Rents

21 rents from £1.1K/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25012/240.31 miForth Avenue - Portishead2
£1,30003/240.33 miCamomile Walk, Portishead2
£1,30003/240.38 miKittiwake Drive, Portishead, BRISTOL2
£1,30003/240.4 miForth Avenue, Portishead, Bristol, Somerset, BS202
£1,15003/240.4 miKittiwake Drive, Portishead, North Somerset, BS202
£1,15012/240.41 miGuillemot Road, Portishead, North Somerset, BS202
£1,20003/240.42 miGuillemot Road, Portishead2
£1,25012/240.42 miGuillemot Road, Portishead2
£1,15003/240.45 miBPC02202 Pennant Place, Bristol2
£1,20003/240.47 miNavigators Court - Portishead Marina2
£1,35012/240.49 miKeel Avenue, Portishead, Bristol, BS202
£1,20004/240.51 miNewfoundland Way, Portishead, North Somerset, BS202
£1,20012/240.51 miNewfoundland Way, Portishead, North Somerset, BS202
£1,40003/250.52 mi-2
£1,37512/240.53 miNewfoundland Way, Portishead, Bristol, Somerset, BS202
£1,25003/250.56 mi-2
£1,29503/240.57 miNewfoundland Way - Portishead Marina2
£1,45012/240.57 miNewfoundland Way, Portishead2
£1,29503/240.57 miNewfoundland Way - Portishead Marina2
£1,25012/240.58 miMerchant Square - Portishead2
£1,30002/250.59 mi-2

Local Area Statistics

Population in BS20

30,042

Population in Bristol

795,432

Town centre distance

6.85 miles away

Nearest school

0.30 miles away

Nearest train station

2.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £240,000

January 27, 2025

Floor Plans

Description

  • No Onward Chain +
  • Nature Reserve Location +
  • Open Plan Living with Balcony +
  • Two Bedrooms +
  • En Suite to Principle +
  • Council Tax Band C +
  • Leasehold +

No Onward Chain This first floor apartment is ideally located just a stones throw away from the beautiful Nature Reserve with local amenities found at the vibrant Marina and Portishead high street. This apartment is flooded with natural light and has been well maintained by the current owners and is a great opportunity for first time buyers and investors alike.  The property comprises; a bright and airy open plan kitchen / dining/ living room, which is flooded with natural light from the patio doors that lead to a wrought iron balcony with views across the Nature Reserve and Gordano valley. A spacious hallway with doors leading to the principal bedroom which benefits from dual aspect windows and en-suite shower room. The second double bedroom has a large window allowing natural light and is situated to the rear, the modern family bathroom completes the internal accommodation.  Externally there is an allocated parking space, bin storage and bike storage.

Agent Details

Challenger Burgess Estate Agents LTD, Portishead

01270 918031

Next Steps?

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