2 Bed Flat, Single Let, Bristol, BS37 4LQ, £180,000

Chargrove, BRISTOL, Avon, BS37 4LQ - 2 views - 2 months ago

Leasehold
BTL
ROI: 4%
~67 m²
+12 photos

ValuationUndervalued

Sold Prices£129K - £300K
Sold Prices/m²£1.9K/m² - £4.9K/m²

 

 

Square Metres

~67.20 m²
Price/m²£2.7K/m²

Value Estimate

£204,606
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£11,300

Total Cash In

£56,300

 

 

Cash Out

 

Rent Range

£950 - £1,300

Rent Estimate

£985

Running Costs/mo

£780

Cashflow/mo

£206

Cashflow/yr

£2,466

ROI

4%

Gross Yield

7%

Local Sold Prices

33 sold prices from £129K to £300K, average is £187K. £1.9K/m² to £4.9K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£140K12/200 mi91, Chargrove, Yate, Bristol, South Gloucestershire BS37 4LQ2
£155K06/210 mi79, Chargrove, Yate, Bristol, South Gloucestershire BS37 4LQ2
£155K06/210 mi79, Chargrove, Yate, Bristol, South Gloucestershire BS37 4LQ2
£135K09/210 mi80, Chargrove, Yate, Bristol, South Gloucestershire BS37 4LQ2
£151K02/210 mi49, Chargrove, Yate, Bristol, South Gloucestershire BS37 4LQ2
£132.5K06/210.06 mi54, Abbotswood, Yate, Bristol, Avon BS37 4NF2
£131K02/230.06 mi60, Abbotswood, Yate, Bristol, South Gloucestershire BS37 4NF2
£187.5K12/220.1 mi12, Chargrove, Yate, Bristol, South Gloucestershire BS37 4LG2
£129K04/210.13 miFlat 20, Fountain Court, Abbotswood, Yate, Bristol, South Gloucestershire BS37 4NL2
£141K04/210.13 miFlat 6, Fountain Court, Abbotswood, Yate, Bristol, South Gloucestershire BS37 4NL2
£165K03/230.13 miFlat 2, Fountain Court, Abbotswood, Yate, Bristol, South Gloucestershire BS37 4NL2
£195K05/230.44 mi28a, Birkdale, Yate, Bristol, South Gloucestershire BS37 4EX2
£220K12/220.57 mi42, Blakeney Mills, Yate, Bristol, South Gloucestershire BS37 4XL2
£180K02/230.87 mi11, Gathorne Crescent, Yate, Bristol, South Gloucestershire BS37 5EN2
£148K10/200.94 mi84b, Cranleigh Court Road, Yate, Bristol, South Gloucestershire BS37 5DL2
£195K12/220.98 mi4, Chapel Orchard, Yate, Bristol, South Gloucestershire BS37 7PL2
£178K04/211.19 mi88, Canterbury Close, Yate, Bristol, South Gloucestershire BS37 5TY2
£178K04/211.19 mi78, Canterbury Close, Yate, Bristol, South Gloucestershire BS37 5TY2
£175K05/211.53 mi54, Hay Leaze, Yate, Bristol, South Gloucestershire BS37 7YJ2
£205K04/231.53 mi54, Hay Leaze, Yate, Bristol, South Gloucestershire BS37 7YJ2
£170K01/211.53 mi20, Hay Leaze, Yate, Bristol, South Gloucestershire BS37 7YJ2
£240K12/221.69 mi4, Batten Court, Chipping Sodbury, Bristol, South Gloucestershire BS37 6BL2
£189.9K07/211.69 mi31, Smarts Green, Chipping Sodbury, Bristol, South Gloucestershire BS37 6EA2
£200K02/211.69 mi19, Smarts Green, Chipping Sodbury, Bristol, South Gloucestershire BS37 6EA2
£210K10/201.72 mi25, Batten Court, Chipping Sodbury, Bristol, South Gloucestershire BS37 6BL2
£239K02/231.72 mi33, Batten Court, Chipping Sodbury, Bristol, South Gloucestershire BS37 6BL2
£235K02/211.72 mi21, Batten Court, Chipping Sodbury, Bristol, South Gloucestershire BS37 6BL2
£244K03/231.72 mi25, Batten Court, Chipping Sodbury, Bristol, South Gloucestershire BS37 6BL2
£187K02/211.8 mi45, Manor Way, Chipping Sodbury, Bristol, South Gloucestershire BS37 6NX2
£240K01/231.84 miFlat 10, Rockwood House, Gravel Hill Road, Yate, Bristol, South Gloucestershire BS37 7BW2
£240K03/221.86 mi52c, The Causeway, Coalpit Heath, Bristol, South Gloucestershire BS36 2PF2
£300K12/221.92 miFlat 23, Rockwood House, Gravel Hill Road, Yate, Bristol, South Gloucestershire BS37 7BW2
£215K04/211.92 miFlat 17, Rockwood House, Gravel Hill Road, Yate, Bristol, South Gloucestershire BS37 7BW2

Local Rents

13 rents from £950/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95012/240.13 mi-2
£1,25012/240.29 miRodborough, Yate, Bristol2
£97502/250.43 mi-2
£1,15012/240.84 miThe Willows, Yate, Bristol, Gloucestershire, BS372
£1,25012/240.88 miNormandy Drive, Yate, Bristol2
£1,30012/240.89 miHome Orchard, Yate, Bristol2
£99512/240.92 mi-2
£1,10002/250.92 mi-2
£1,10012/240.93 mi-2
£1,15007/240.93 mi-2
£1,20012/241.04 miParnall Crescent, Yate2
£1,10012/241.1 miStation Road, Yate, Bristol, BS372
£1,05012/241.21 miBader Close, Yate, Bristol, BS372

Local Area Statistics

Population in BS37

38,080

Population in Bristol

795,432

Town centre distance

8.20 miles away

Nearest school

0.20 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-21%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £180,000

February 7, 2025

Floor Plans

Description

  • Garage +
  • Two double bedrooms +
  • Lounge/Diner +
  • Blank canvass +
  • Great opportunity for first time buyers +

Introducing this spacious two bedroom upper floor flat which is perfect for a First Time Buyer looking to get themselves onto the property ladder.

Upon entry to the hallway, the property accommodation consists of open plan lounge diner before leading through to a seperate kitchen. The kitchen is equipped with integrated oven/hob, as well as space for additional white goods such as a washing machine. There are two double bedrooms and main bathroom. The master bedroom is also equipped with built in storage. There is also a garage which comes with the property, situated in a seperate block. Electric heating is the supply for the property and there is double glazing throughout.

Yate sits on the edge of the Cotswolds and has excellent road links to the A46, M4 and M5 motorways. Yate train station also provides good transport links for commuters to Bristol. The historic market town of Chipping Sodbury is only a short drive away, where there is a bustling High Street and centrally located Waitrose store with excellent parking. Yate has a leisure centre, retail park (including cinema and restaurants) and a large shopping centre which caters for all needs. There are also several choices of Primary and Secondary schools.

Agent Details

Taylors Estate Agents, Yate

01454 802519

Next Steps?

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