3 Bed Bungalow, Planning Permission, Bristol, BS48 3EN, £410,000

Coombe Dale, Backwell, BS48 3EN - 3 views - 3 months ago

Planning
ROI: 2%
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£265K - £534K
Sold Prices/m²£2.9K/m² - £7K/m²

 

 

Square Metres

~93 m²
Price/m²£4.4K/m²

Value Estimate

£353,400

 

 

End Value (After Refurb)

£380,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£102,500

Stamp Duty & Legal Fees

£29,700

Refurb Costs

£37,633

Bridging Loan Interest

£10,763

Total Cash In

£182,345

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£380,000

Mortgage (After Refinance)

£285,000

Mortgage LTV

75%

Cash Left In

£182,345

Equity

£95,000

Rent Range

£1,350 - £3,000

Rent Estimate

£1,850

Running Costs/mo

£1,578

Cashflow/mo

£273

Cashflow/yr

£3,270

ROI

2%

Gross Yield

5%

Local Sold Prices

27 sold prices from £265K to £534K, average is £380K. £2.9K/m² to £7K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£265K10/220.35 mi44, Hyatts Wood Road, Backwell, Bristol, North Somerset BS48 3DB3
£380K05/210.37 miPotters Cottage, Potters Hill, Felton, Bristol, North Somerset BS40 9XB3
£358K03/210.53 mi31, Currells Lane, Felton, Bristol, North Somerset BS40 9XF3
£380K03/230.53 mi31, Currells Lane, Felton, Bristol, North Somerset BS40 9XF3
£385K12/200.64 mi3, Felton Street, Felton, Bristol, North Somerset BS40 9YL3
£400K03/230.65 mi9, Felton Street, Felton, Bristol, North Somerset BS40 9YL3
£387K10/210.74 mi26, Hillview Gardens, Felton, Bristol, North Somerset BS40 9UH3
£315K03/210.79 mi4, Pound Mead, Felton, Bristol, North Somerset BS40 9XZ3
£400K06/210.83 miDial Cottage, Dial Lane, Felton, Bristol, North Somerset BS40 9YD3
£335K12/211.04 mi13, Long Cross, Felton, Bristol, North Somerset BS40 9YQ3
£415K06/211.37 miThe Haven, Naish Lane, Barrow Gurney, Bristol, North Somerset BS48 3ST3
£390K03/211.63 mi8, Walton Crescent, Winford, Bristol, North Somerset BS40 8DD3
£319K10/201.67 mi9, Parsonage Close, Winford, Bristol, North Somerset BS40 8DQ3
£319K10/201.67 mi9, Parsonage Close, Winford, Bristol, North Somerset BS40 8DQ3
£296.3K07/231.67 mi1, Parsonage Close, Winford, Bristol, North Somerset BS40 8DQ3
£475K06/211.73 mi3, The Oaks, Winford, Bristol, North Somerset BS40 8AE3
£525K05/231.74 mi4a, Barrow Lane, Winford, Bristol, North Somerset BS40 8AG3
£375K01/231.77 mi13, Market Place, Winford, Bristol, North Somerset BS40 8AT3
£380K03/211.77 mi18, Market Place, Winford, Bristol, North Somerset BS40 8AT3
£534K01/231.77 mi2, Market Place, Winford, Bristol, North Somerset BS40 8AT3
£467K06/211.77 miWoodsmoke, Winters Lane, Redhill, Bristol, North Somerset BS40 5SH3
£275K12/211.8 mi6, Kingston Mead, Winford, Bristol, North Somerset BS40 8AS3
£350K12/201.82 mi5, Brookside, Winford, Bristol, North Somerset BS40 8AB3
£295K01/211.82 mi6, Brookside, Winford, Bristol, North Somerset BS40 8AB3
£381K04/211.91 mi29, High Street, Winford, Bristol, North Somerset BS40 8EH3
£525K12/231.93 mi12, Church Road, Winford, Bristol, North Somerset BS40 8EW3
£390K08/231.96 mi3, Lye Mead, Winford, Bristol, North Somerset BS40 8AU3

Local Rents

9 rents from £1.4K/mo to £3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80004/241.82 miParsonage Lane, Winford, Bristol4
£1,35006/241.83 mi-3
£1,70006/242.03 mi-3
£1,85006/242.05 mi-3
£3,00003/242.2 miWrington Hill, Wrington, Bristol, BS404
£1,95012/242.24 miThe Stables, Upper Meadow4
£1,60004/242.27 miMoodys Leigh, Backwell, Bristol3
£1,55002/252.31 mi-2
£2,49504/252.38 mi-5

Local Area Statistics

Population in BS48

23,191

Population in Bristol

795,432

Town centre distance

7.51 miles away

Nearest school

1.80 miles away

Nearest train station

2.93 miles away

 

 

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £410,000

January 29, 2025

Floor Plans

Description

  • Detached 3/4 bedroom bungalow +
  • Large rear garden with lawn and patio area +
  • Backing onto open countryside +
  • Plenty of potential to improve and extend +
  • Countryside walks nearby +
  • Off street parking and garage +
  • Commutable to Bristol, Bath and Weston-super-Mare +
  • EPC rating pending +
  • Council Tax Band E +
  • Backwell School catchment area +

Tucked away at the end of a quiet cul-de-sac, this charming detached 3/4-bedroom bungalow presents a rare opportunity to design and craft your perfect home. Boasting ample potential for improvement and extension (subject to planning permission), this home invites you to bring your creative vision to life all whilst benefitting from glorious countryside views. Inside, you'll discover bright and spacious living areas that are ideal for family gatherings and everyday living. The flexible layout features the option for a fourth bedroom, making it perfect for guests, a home office, or a playroom to suit your needs. Step outside to the expansive rear garden, a sunny haven for relaxation and outdoor entertainment. The garden is predominantly laid to lawn, surrounded by a variety of mature trees and shrubs that offer privacy and beauty. The well-appointed patio area is perfect for alfresco dining or enjoying summer evenings with loved ones. For the gardening enthusiast, the garden is equipped with convenient sheds for storage and a greenhouse, allowing you to cultivate your own plants and vegetables. This combination of features makes the garden a versatile and enjoyable space year-round. At the front of the property, a spacious driveway provides off-street parking and leads to a detached garage, adding further convenience and storage space. For nature lovers, scenic countryside walks are just a stone's throw away, offering the perfect escape into the great outdoors. This bungalow is ideal for those seeking a tranquil lifestyle with the opportunity to make it uniquely yours.  We have noticed... A great opportunity to purchase this versatile property with lots of options to extend and improve (subject to planning permission). The location is superb for commuting to Bristol and there are some superb countryside walks nearby. Directions Travelling from Langford towards Bristol on the A38, drive past the airport and take the next left into Downside Road and take a right into Coombe Dale. Take a left at the T junction and the property can be found on the left hand side at the end of the road.

Agent Details

Debbie Fortune Estate Agents, Congresbury

01934 311832

Next Steps?

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