2 Bed Bungalow, Single Let, Bristol, BS7 8TZ, £250,000

449B GLOUCESTER ROAD, HORFIELD, BRISTOL, BS7 8TZ - 2 months ago

Leasehold
BTL
ROI: 4%
64 m²
+6 photos

ValuationUndervalued

Sold Prices£237K - £702.5K
Sold Prices/m²£3K/m² - £9.1K/m²

 

 

Square Metres

64 m²
Price/m²£3.9K/m²

Value Estimate

£310,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,100 - £3,000

Rent Estimate

£1,295

Running Costs/mo

£1,060

Cashflow/mo

£235

Cashflow/yr

£2,817

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £237K to £702.5K, average is £392.5K. £3K/m² to £9.1K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£512.5K05/230.08 mi34, Church Road, Horfield, Bristol, City Of Bristol BS7 8SA2
£438.4K07/210.08 mi14, Church Road, Horfield, Bristol, City Of Bristol BS7 8SA2
£475K12/220.08 mi28, Tortworth Road, Bristol, City Of Bristol BS7 9PA2
£441.5K02/230.11 mi14, Olveston Road, Bristol, City Of Bristol BS7 9PB2
£407K12/200.12 mi9, Olveston Road, Bristol, City Of Bristol BS7 9PB2
£382K11/210.12 mi12, Ashley Down Road, Bristol, City Of Bristol BS7 9JW2
£350K05/230.12 mi48, Oak Road, Bristol, City Of Bristol BS7 8RZ2
£445K11/200.14 mi21, Maple Road, Bristol, City Of Bristol BS7 8RD2
£702.5K05/230.14 mi70, Church Road, Horfield, Bristol, City Of Bristol BS7 8SE2
£435K07/230.15 mi13, Rozel Road, Bristol, City Of Bristol BS7 8SQ2
£435K07/230.15 mi44, Downend Road, Horfield, Bristol, City Of Bristol BS7 9PF2
£370K03/210.17 mi25, Beech Road, Bristol, City Of Bristol BS7 8RP2
£300K03/210.18 mi1b, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0AQ2
£493.9K12/220.18 mi15, Selborne Road, Bristol, City Of Bristol BS7 9PH2
£351K03/210.19 mi25, Alton Road, Bristol, City Of Bristol BS7 9PS2
£385K04/210.19 mi1, Alton Road, Bristol, City Of Bristol BS7 9PS2
£350K02/210.19 mi26, Beech Road, Bristol, City Of Bristol BS7 8RP2
£412.5K09/210.19 mi4, Beech Road, Bristol, City Of Bristol BS7 8RP2
£545K06/230.2 mi4, St Leonards Road, Horfield, Bristol, City Of Bristol BS7 8SH2
£420K05/210.21 mi81, Thornleigh Road, Bristol, City Of Bristol BS7 8PQ2
£475K03/230.21 mi18, Oak Road, Bristol, City Of Bristol BS7 8RY2
£400K12/200.21 mi5, Oak Road, Bristol, City Of Bristol BS7 8RY2
£339.3K08/210.21 mi8, Oak Road, Bristol, City Of Bristol BS7 8RY2
£335K02/210.21 mi28, Oak Road, Bristol, City Of Bristol BS7 8RY2
£380K06/210.21 mi37, Oak Road, Bristol, City Of Bristol BS7 8RY2
£430K03/230.21 mi39, Springfield Avenue, Horfield, Bristol, City Of Bristol BS7 9QS2
£425K06/210.21 mi2, Uphill Road, Bristol, City Of Bristol BS7 9RA2
£465K11/210.22 mi33, Milner Road, Bristol, City Of Bristol BS7 9PQ2
£491K03/210.22 mi36, Milner Road, Bristol, City Of Bristol BS7 9PQ2
£431K12/200.23 mi15, Ellicott Road, Bristol, City Of Bristol BS7 9PT2
£385K02/210.23 mi24, Ellicott Road, Bristol, City Of Bristol BS7 9PT2
£402.5K02/230.23 mi35, Oak Road, Bristol, City Of Bristol BS7 8RY2
£380K01/230.24 mi25, Bromley Road, Bristol, City Of Bristol BS7 9JA2
£375K06/210.24 mi23, Bromley Road, Bristol, City Of Bristol BS7 9JA2
£430K11/210.24 mi9, Bromley Road, Bristol, City Of Bristol BS7 9JA2
£375K03/230.24 mi21, Bromley Road, Bristol, City Of Bristol BS7 9JA2
£595K03/230.26 mi30, Bromley Road, Bristol, City Of Bristol BS7 9JB2
£341K11/210.28 mi8, Southampton Mews, Bristol, City Of Bristol BS7 9HA2
£375K04/210.44 mi11, Ashgrove Avenue, Bristol, City Of Bristol BS7 9LJ2
£440K02/210.44 mi16, Ashgrove Avenue, Bristol, City Of Bristol BS7 9LJ2
£356K10/210.47 mi10a, Cambridge Road, Bristol, City Of Bristol BS7 8PR2
£475K05/210.52 mi32, Falmouth Road, Bristol, City Of Bristol BS7 8PU2
£347K01/210.56 mi139, Kellaway Avenue, Bristol, City Of Bristol BS6 7YF2
£310K10/200.56 mi29, Dirac Road, Ashley Down, Bristol, City Of Bristol BS7 9LP2
£370K03/210.57 mi116, Kellaway Avenue, Bristol, City Of Bristol BS6 7YQ2
£350K04/210.57 mi31, Dirac Road, Ashley Down, Bristol, City Of Bristol BS7 9LP2
£237K12/200.59 mi13, Downman Road, Bristol, City Of Bristol BS7 9TY2
£295K05/230.59 mi3, Bell Close, Bristol, City Of Bristol BS10 5DF2
£277.5K01/230.59 mi9, Downman Road, Bristol, City Of Bristol BS7 9TY2
£342.5K01/210.6 mi72, Dirac Road, Ashley Down, Bristol, City Of Bristol BS7 9LP2

Local Rents

50 rents from £1.1K/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£2,65002/250.05 mi-2
£1,30003/240.06 miGloucester Road, Horfield, Bristol, BS72
£1,30003/240.06 mi-2
£1,30003/240.09 miTrinity Court, Maple Road – 8532
£1,30002/250.11 mi-2
£1,65002/240.12 mi-2
£1,40003/240.12 miAshley Down Road, Ashley Down, Bristol, BS72
£1,35003/240.14 miAshley Down Road, Bristol2
£1,35003/250.16 mi-2
£1,29503/240.18 miAshley Down Road, BRISTOL2
£1,45003/240.19 miAshley Down Road, Bristol,2
£1,60004/240.19 miSelborne Road, Bishopston, Bristol, BS72
£1,38003/240.2 miGloucester Road - Horfield2
£1,65003/250.21 mi-2
£3,00012/240.22 mi-2
£1,45003/240.27 miFilton Avenue, Horfield, Bristol2
£1,57503/240.27 miMuller Road, Horfield, Bristol, BS72
£1,35003/240.29 miDongola Road, Bishopston2
£1,35004/240.29 miDongola Road, Bishopston2
£1,29504/240.3 mi-2
£1,29503/250.3 mi-2
£1,10003/240.32 miRadnor Road, Bishopston, Bristol, BS72
£1,65001/250.33 mi-2
£1,45005/240.45 mi-2
£1,45003/240.45 miButterfield Close, Bristol, BS102
£1,55003/240.45 miKennington Avenue, Bishopston, Bristol, Somerset, BS72
£1,40012/240.46 mi-2
£2,48505/240.46 mi-2
£2,29903/250.46 mi-2
£2,48503/240.46 miBayswater Road, Bristol, BS72
£1,40001/250.53 mi-2
£1,45001/250.54 mi-2
£1,50003/240.54 miCollege Road, Bishopston2
£1,50003/240.54 miGrace Apartments - Ashley Down2
£1,55003/240.54 miCollege Road - Ashley Down2
£1,75003/240.54 miGrace Apartments, Bishopston2
£1,70003/240.54 miGrace Apartments, Bishopston2
£1,30003/240.55 miHorfield, Dorian Road, BS7 0XW2
£1,70004/240.56 miBishopthorpe Road, Bristol2
£1,50003/240.56 miAshley Down Road, Ashley Down2
£1,30003/240.56 miBishop Road, Bishopston, Bristol, BS72
£1,35012/240.57 mi-2
£1,30003/250.58 mi-2
£1,30003/240.59 miGloucester Rd2
£1,30003/240.59 mi427 Gloucester Road Flat 3HorfieldBristol2
£1,30004/240.59 miGloucester Rd2
£1,30003/240.59 miHay Field Lane - Horfield2
£1,35012/240.59 mi-2
£1,40003/240.59 miDorian Road - Horfield2
£1,75003/250.6 mi-2

Local Area Statistics

Population in BS7

40,530

Population in Bristol

795,432

Town centre distance

1.01 miles away

Nearest school

0.10 miles away

Nearest train station

1.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-19%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £250,000

January 30, 2025

Floor Plans

Description

  • Two generous double bedrooms +
  • Well-presented throughout +
  • Sold with no onward chain +
  • Bungalow +
  • Condition good throughout +
  • Would suit first time buyers or investment buyers +

Sold with no onward chain comes a two bedroom bungalow situated just behind the ever popular Gloucester Road, this would make an ideal first time buy or investment.

Ideally located close to the endless amenities of the Gloucester Road, Horfield Common, Horfield Leisure Centre, and nearby major employers such as Airbus, the MOD, and the University of the West of England, along with Southmead Hospital. This property provides convenient access into the city centre and travel links via rail and bus with the M32 providing access to the motorway network and Temple Meads or Parkway for rail.

The property is over set on one level and comprises of two double bedrooms, one bedroom boasting an en-suite, a kitchen living room and a bathroom with a shower.

Externally the property boasts a small courtyard garden to the front. This home would suit first time buyers or investment buyers. Book not to avoid disappointment.

Agent Details

CJ Hole, Bishopston

0117 463 0434

Next Steps?

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