2 Bed Flat, Refurb/BRRR, Bristol, BS9 1NT, £350,000

Spacious Balcony Apartment With Stunning Views & No Onward Chain, BS9 1NT - 2 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 1%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£117.5K - £1.1M
Sold Prices/m²£2.7K/m² - £6.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.1K/m²

Value Estimate

£335,750

 

 

End Value (After Refurb)

£367,557

Uplift in Value

+5%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£27,830

Bridging Loan Interest

£9,188

Total Cash In

£142,968

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£367,557

Mortgage (After Refinance)

£275,668

Mortgage LTV

75%

Cash Released

£13,168

Cash Left In

£129,800

Equity

£91,889

Rent Range

£1,195 - £2,250

Rent Estimate

£1,589

Running Costs/mo

£1,486

Cashflow/mo

£103

Cashflow/yr

£1,231

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £117.5K to £1.1M, average is £423.5K. £2.7K/m² to £6.5K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£500K05/230.06 miFlat 5, The Oak, Knoll Hill, Bristol, City Of Bristol BS9 1QU2
£370K09/210.14 miFlat 20, Bishops Court, Knoll Hill, Bristol, City Of Bristol BS9 1NS2
£360K08/210.16 miFlat 23, Bishops Court, Knoll Hill, Bristol, City Of Bristol BS9 1NS2
£440K09/210.16 miFlat 13, Bishops Court, Knoll Hill, Bristol, Avon BS9 1NS2
£310K06/210.21 miFlat 7, The Heath, Hazelwood Road, Bristol, City Of Bristol BS9 1PY2
£420K05/230.38 miFlat 8, Woodlands, Church Road, Stoke Bishop, Bristol, City Of Bristol BS9 1JT2
£230K05/230.46 mi26, Rockleaze Road, Bristol, City Of Bristol BS9 1NF2
£492.6K10/210.52 miFirst Floor Flat, 39, Downleaze, Stoke Bishop, Bristol, City Of Bristol BS9 1LX2
£735K10/220.52 miGround Floor Flat, 43, Downleaze, Stoke Bishop, Bristol, City Of Bristol BS9 1LX2
£470K05/210.54 mi38b, Downleaze, Stoke Bishop, Bristol, City Of Bristol BS9 1LY2
£498K10/220.58 mi29a, Downleaze, Stoke Bishop, Bristol, City Of Bristol BS9 1LU2
£117.5K03/230.78 miFlat 17, The Grange, Saville Road, Bristol, City Of Bristol BS9 1JA2
£475K09/210.96 miHall Floor Maisonette, 21, Upper Belgrave Road, Bristol, City Of Bristol BS8 2XL2
£300K06/210.96 miGround Floor Flat, 22, Upper Belgrave Road, Bristol, City Of Bristol BS8 2XL2
£1.1M03/210.96 miFlat 2, Glenavon, Clifton Down, Bristol, City Of Bristol BS8 3HT2
£567.5K03/230.99 miFlat 1, Southdowns, The Avenue, Clifton, Bristol, City Of Bristol BS8 3GE2
£277K03/231.11 miFlat 20, Westmorland House, Durdham Park, Bristol, City Of Bristol BS6 6XH2
£445K07/231.12 miFlat 6, Shorland House, Beaufort Road, Clifton, Bristol, City Of Bristol BS8 2JT2
£320K01/211.13 mi14, Durdham Park, Bristol, City Of Bristol BS6 6XB2
£397.4K02/211.13 mi30d, Durdham Park, Bristol, City Of Bristol BS6 6XB2
£455K07/211.14 mi18, Westbury Park, Bristol, City Of Bristol BS6 7JA2
£386.5K11/201.14 miFlat 15, Victoria Court, Durdham Park, Bristol, City Of Bristol BS6 6XS2
£325K03/211.16 mi49, Apsley Road, Bristol, City Of Bristol BS8 2SW2
£500K10/211.16 miSecond Floor Flat, 48, Apsley Road, Bristol, City Of Bristol BS8 2ST2
£506K10/211.17 miFirst Floor Flat, 201, Redland Road, Bristol, City Of Bristol BS6 6YS2
£360K06/211.19 miFirst Floor Flat, 14, Cambridge Park, Bristol, City Of Bristol BS6 6XW2
£425K09/211.19 mi12a, Cambridge Park, Bristol, City Of Bristol BS6 6XW2
£575K01/231.19 miFirst Floor Flat, 14, Cambridge Park, Bristol, City Of Bristol BS6 6XW2
£465K01/211.23 miTop Floor Flat, 8, Cambridge Park, Bristol, City Of Bristol BS6 6XN2
£1.1M01/211.24 mi46, Downs Park West, Bristol, City Of Bristol BS6 7QL2
£421K06/211.24 mi4, Worcester Crescent, Bristol, City Of Bristol BS8 3JA2
£335K08/211.24 mi8, Redland Hill, Redland, Bristol, City Of Bristol BS6 6UY2
£387.5K04/231.25 mi3, Redland Park, Bristol, City Of Bristol BS6 6SA2
£260K03/211.27 miFlat 1, Elm Court, Elm Lane, Bristol, City Of Bristol BS6 6UF2
£402.5K02/231.28 mi10, Redland Park, Bristol, City Of Bristol BS6 6SB2
£685K04/231.28 miFirst Floor Flat, 2, College Road, Clifton, Bristol, City Of Bristol BS8 3JB2
£525K03/211.3 miHall Floor Flat, 2, Chantry Road, Bristol, City Of Bristol BS8 2QD2
£340K02/231.3 miFirst Floor Flat, 3, Greenway Road, Bristol, City Of Bristol BS6 6SF2
£558K12/201.31 mi27, Elgin Park, Bristol, Avon BS6 6RX2
£422K01/211.32 miTop Floor Flat, 8, Westfield Park, Bristol, City Of Bristol BS6 6LT2
£422K01/211.32 mi7b, Westfield Park, Bristol, City Of Bristol BS6 6LT2
£555K05/211.32 mi37, Henleaze Road, Bristol, Avon BS9 4EY2
£550K11/201.32 miGarden Flat, 23, Henleaze Road, Bristol, City Of Bristol BS9 4EY2
£550K11/201.32 miGarden Flat, 23, Henleaze Road, Bristol, City Of Bristol BS9 4EY2
£315K09/211.32 miSecond Floor Flat, 39, Henleaze Gardens, Bristol, City Of Bristol BS9 4HH2
£350K10/211.32 miThe Garden Apartment, 56, Alma Vale Road, Bristol, City Of Bristol BS8 2HS2
£515K08/211.33 miFlat 9, Ferncliffe, North Road, Leigh Woods, Bristol, North Somerset BS8 3NQ2
£520K11/201.33 mi19, Westfield Park, Bristol, City Of Bristol BS6 6LX2
£358K12/201.33 miFirst Floor Flat, 5, Alma Road, Clifton, Bristol, City Of Bristol BS8 2BZ2
£300K06/211.34 mi49, Alma Court, Bristol, City Of Bristol BS8 2HJ2

Local Rents

20 rents from £1.2K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,45003/240.03 miTowerleaze, Bristol, BS92
£1,60003/240.04 miKnoll Court, Sneyd Park2
£1,50003/240.04 miRidgewood, Knoll Hill, BS92
£1,50003/240.07 miKnoll Hill, Bristol2
£1,45003/240.16 miFlat Bishops Court, Knoll Hill, BS92
£1,40012/240.2 miThe Cedars - Sneyd Park2
£1,25003/240.21 miWoodside, The Cedars, BS9 1QA2
£1,19503/240.21 miWoodside, The Cedars, BS9 1QA2
£2,25012/240.45 mi-2
£1,75003/240.46 miBristol, Bristol, BS92
£1,75003/240.46 mi-2
£1,95003/250.5 mi-2
£1,45003/240.52 miDownleaze, Stoke Bishop, BRISTOL2
£1,85003/240.53 miFlat Chattenden House, Stoke Park Road South, BS92
£1,50003/240.57 miDownleaze, Bristol, BS92
£2,15001/250.57 mi-2
£1,60003/240.59 miStoke Hill - Stoke Bishop2
£1,25003/240.6 miAbon House, Sea Mills Lane, Bristol, Somerset, BS92
£1,65003/240.62 miDownleaze, Stoke Bishop, Bristol, BS92
£1,65003/240.62 miDownleaze, Stoke Bishop, Bristol, BS92

Local Area Statistics

Population in BS9

31,160

Population in Bristol

795,432

Town centre distance

2.15 miles away

Nearest school

0.70 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Balanced market

Capital growth (5yrs)

+21%

Property History

Listed for £350,000

January 31, 2025

Floor Plans

Description

  • Spacious Top Floor Balcony Apartment +
  • Stunning Far Reaching Views +
  • No Onward Chain +
  • Two Double Bedrooms Master With En-Suite +
  • Bathroom WC +
  • Living/Dining Room +
  • Kitchen/Breakfast Room +
  • Garage & Communal Parking +

A golden opportunity to acquire this spacious two double bedroom top floor balcony apartment enjoying stunning views over the impressive communal grounds towards the Avon Gorge, offered to the market with parking and it's own garage.

The property is well placed for good commuter routes leading into the city centre and the M4 & M5 motorway links. Offered to the market with no onward chain, book your viewing today.

Location -

Located in one of Bristol’s most sought after districts, green and leafy Sneyd Park has peace and tranquillity and yet sits on the cusp of Durdham Downs and fashionable Clifton Village. Within the immediate environs there are nature reserves, golf courses, leisure clubs and a number of highly regarded schools both state and independents. Lying to the North West of the city there are good transport links to the commercial centre, motorway networks and train stations which offer services to a number of cities nationwide.

Entrance -

When entering the apartment you are greeted by a good sized hallway with storage cupboard and doors providing access to all of the rooms. The interior will require areas of modernisation, but there is plenty of scope for improvement throughout.

Accommodation - Please see the floorplan for room measurements.

A spacious living/dining room with access to the expansive balcony which enjoys far stretching views of the surrounding area and towards the Welsh Hills, sizable fitted kitchen/breakfast room, bathroom, principal bedroom with en-suite shower room and a second double bedroom with built in wardrobe.

Gardens / Parking / Garage -

Externally there is a garage situated in a block just opposite the apartment which has both power and light. There are well maintained communal lawned gardens and ample guest parking.

Agent Details

Goodman & Lilley, Henleaze

0117 463 0243

Next Steps?

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

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