3 Bed Terraced House, Refurb/BRRR, Bristol, BS13 8DQ, £300,000

Spartley Drive, Highridge, Bristol, BS13 8DQ - 2 views - a month ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+24 photos

ValuationFair Value

Sold Prices£220K - £450K
Sold Prices/m²£2.6K/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£306,000

 

 

End Value (After Refurb)

£329,727

Uplift in Value

+10%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£38,000

Bridging Loan Interest

£7,875

Total Cash In

£135,325

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£329,727

Mortgage (After Refinance)

£247,295

Mortgage LTV

75%

Cash Released

£22,295

Cash Left In

£113,030

Equity

£82,432

Rent Range

£1,350 - £2,200

Rent Estimate

£1,579

Running Costs/mo

£1,366

Cashflow/mo

£213

Cashflow/yr

£2,554

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £220K to £450K, average is £312.5K. £2.6K/m² to £4.6K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£262.5K01/230.02 mi19, Marlepit Grove, Bristol, City Of Bristol BS13 8DL3
£228K12/200.07 mi7, Spartley Walk, Bristol, City Of Bristol BS13 8DJ3
£260K06/230.08 mi3, Geoffrey Close, Bristol, City Of Bristol BS13 8BW3
£235K03/210.08 mi12, Geoffrey Close, Bristol, City Of Bristol BS13 8BW3
£250K11/220.09 mi46, Dancey Mead, Bristol, City Of Bristol BS13 8DF3
£290K03/220.11 mi16a, Dancey Mead, Bristol, City Of Bristol BS13 8DG3
£272K04/230.12 mi11, Watchill Close, Bristol, City Of Bristol BS13 8DE3
£270K07/210.12 mi1, Watchill Close, Bristol, City Of Bristol BS13 8DE3
£272K02/230.12 mi12, Watchill Close, Bristol, City Of Bristol BS13 8DE3
£357.5K08/210.15 mi30, Elsbert Drive, Bristol, City Of Bristol BS13 8AL3
£257K11/220.15 mi55, Westward Road, Bristol, City Of Bristol BS13 8DB3
£265K05/210.18 mi12, Ellfield Close, Bristol, City Of Bristol BS13 8EF3
£315K06/230.2 mi7, Acorn Grove, Bristol, City Of Bristol BS13 8AW3
£315K04/210.21 mi31, Greylands Road, Uplands, Bristol, City Of Bristol BS13 8BE3
£425K09/220.21 mi28, Greylands Road, Uplands, Bristol, City Of Bristol BS13 8BE3
£222K10/200.22 mi62, Dangerfield Avenue, Bristol, City Of Bristol BS13 8DX3
£365.5K02/210.22 mi21, Greylands Road, Bristol, Avon BS13 8BD3
£220K12/200.24 mi5, Fernsteed Road, Bristol, City Of Bristol BS13 8HD3
£345K06/210.24 mi135, Kings Head Lane, Bristol, City Of Bristol BS13 7BZ3
£280K10/210.26 mi24, Vicarage Road, Bishopsworth, Bristol, City Of Bristol BS13 8ES3
£264.3K04/210.26 mi20, Vicarage Road, Bishopsworth, Bristol, City Of Bristol BS13 8ES3
£350K05/210.26 mi23, Manor Road, Bishopsworth, Bristol, City Of Bristol BS13 8EP3
£320K08/230.26 mi3, Manor Road, Bishopsworth, Bristol, City Of Bristol BS13 8EP3
£325K10/200.26 mi138, Kings Head Lane, Bristol, City Of Bristol BS13 7BY3
£327.5K05/210.26 mi134, Kings Head Lane, Bristol, City Of Bristol BS13 7BY3
£407.5K06/210.26 mi118, Kings Head Lane, Bristol, City Of Bristol BS13 7BY3
£347K12/210.27 mi2, Rosemeare Gardens, Bristol, City Of Bristol BS13 8AZ3
£295K07/230.27 mi20, Wyatt Avenue, Bristol, City Of Bristol BS13 8HW3
£300K12/220.27 mi21, Vicarage Road, Bishopsworth, Bristol, City Of Bristol BS13 8ER3
£329.7K10/210.27 mi1, Wyatt Close, Bristol, City Of Bristol BS13 8HR3
£325K07/230.27 mi8, Marlfield Walk, Bristol, City Of Bristol BS13 8AY3
£347K12/200.28 mi24, Kings Walk, Bristol, City Of Bristol BS13 8AX3
£270K10/200.29 mi179, Kings Head Lane, Bristol, City Of Bristol BS13 7BN3
£345K06/230.29 mi69, Kings Head Lane, Bristol, City Of Bristol BS13 7DB3
£350K07/230.29 mi63, Kings Head Lane, Bristol, City Of Bristol BS13 7DB3
£258K09/210.29 mi25, Eastridge Drive, Bristol, City Of Bristol BS13 8HQ3
£290K11/200.3 mi63, Donald Road, Bristol, City Of Bristol BS13 7BT3
£280K02/210.3 mi74, Kings Head Lane, Bristol, City Of Bristol BS13 7DD3
£450K09/230.31 mi26, Alexandra Road, Bedminster Down, Bristol, City Of Bristol BS13 7DE3
£400K08/230.32 mi41, Alexandra Road, Bedminster Down, Bristol, City Of Bristol BS13 7DF3
£400K06/230.32 mi88, Church Road, Bishopsworth, Bristol, City Of Bristol BS13 8JX3
£225.5K09/200.33 mi116, Church Road, Bishopsworth, Bristol, City Of Bristol BS13 8JY3
£320K06/230.33 mi114, Church Road, Bishopsworth, Bristol, City Of Bristol BS13 8JY3
£310K12/220.33 mi110, Church Road, Bishopsworth, Bristol, City Of Bristol BS13 8JY3
£375K03/210.34 mi20, Poplar Road, Bedminster Down, Bristol, City Of Bristol BS13 7BP3
£345K03/210.34 mi22, Church Road, Bishopsworth, Bristol, City Of Bristol BS13 8JW3
£325K06/210.34 mi8, Martha's Orchard, Bedminster Down, Bristol, City Of Bristol BS13 8BS3
£310K02/210.34 mi85, Church Road, Bishopsworth, Bristol, Avon BS13 8JU3
£317.5K06/210.34 mi87, Church Road, Bishopsworth, Bristol, City Of Bristol BS13 8JU3
£290K05/210.35 mi66, Highridge Road, Bishopsworth, Bristol, City Of Bristol BS13 8HL3

Local Rents

12 rents from £1.4K/mo to £2.2K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,50003/240.01 miSpartley Drive, Highridge, Bristol3
£1,60004/240.23 miGreylands Road, Bristol, BS133
£1,80005/240.25 miVicarage Road, Bishopsworth, Bristol, BS133
£1,40005/240.25 miFernsteed Road, Bishopsworth, Bristol, BS133
£2,20005/240.26 miManor Road, Bishopsworth, Bristol3
£1,70003/240.32 miHighridge Crescent, BS133
£1,50004/240.36 miMarguerite Road, Bedminster Down, BS133
£1,35004/240.49 miNailsea Close, Bedminster Down, Bristol, BS133
£1,50002/240.56 mi-3
£1,50003/240.59 miHuntingham, BS133
£1,45003/240.62 miHuntingham Road, Bristol, BS133
£1,45004/240.62 miHuntingham Road, Bristol, BS133

Local Area Statistics

Population in BS13

29,574

Population in Bristol

795,432

Town centre distance

4.01 miles away

Nearest school

0.20 miles away

Nearest train station

1.34 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £300,000

February 7, 2025

Floor Plans

Description

  • A three bedroom mid-terraced home +
  • Garden room/ Bar +
  • Driveway for two vehicles +
  • Good sized rear garden +
  • Ideal for first time buyers +
  • Short drive out to countryside locations +

Charming Three-Bedroom Home in Highridge

Located in the area of Spartley Drive, Highridge Bristol, this well-proportioned three-bedroom mid-terraced home offers a fantastic opportunity for buyers looking for space, convenience, and excellent transport links to Bristol City Centre. this property is ready for its next owner to make it their own.

As you step inside, you’re welcomed by a bright hallway leading into a spacious living room, perfect for relaxing or entertaining with double glazed patio doors opening onto the rear garden. To the rear, you’ll find a well-equipped kitchen/diner, ideal for family meals, which flows seamlessly out onto the rear patio seating area – a wonderful spot to enjoy views of the generous garden.

Upstairs, the property boasts three well-sized bedrooms and a modern shower room.
Additional benefits include an outdoor Cabin/Garden room with full electric power within a sizable garden, offering plenty of outdoor space for entertaining, gardening, or simply unwinding.

The property benefits from renovations since the current owners ownership of 2017 these include a replacement roof, a combi boiler, gas fire, kitchen, shower room, installation of garden room and general decoration throughout.

Why Choose Highridge, Bristol?
Highridge is a fantastic location for those seeking a community feel with easy access to city life. Situated just a short drive from Bristol City Centre, the area benefits from excellent transport links, including bus routes and major road connections. Local amenities such as shops, schools, parks, and leisure facilities are all within easy reach, making it a great choice for families, professionals, and investors alike.

Don’t miss out on this fantastic home—schedule your viewing today!

*Please note the property construction type is 'Laing Easy Form" so its worth checking with your bank or mortgage broker that it is compatible with your lender.

Agent Details

Moving You, Covering South Wales & Bristol

03334 041188

Next Steps?

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