2 Bed Bungalow, Refurb/BRRR, Bristol, BS48 2BQ, £299,995

65 Nightingale Gardens, Nailsea, North Somerset, BS48 2BQ - 3 views - 3 months ago

Sold STC
Refurb/BRRR
ROI: 1%
57 m²
+9 photos

ValuationOvervalued

Sold Prices£190K - £570K
Sold Prices/m²£3K/m² - £6.3K/m²

 

 

Square Metres

57 m²
Price/m²£5.3K/m²

Value Estimate

£254,308

 

 

End Value (After Refurb)

£287,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£74,999

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£23,065

Bridging Loan Interest

£7,875

Total Cash In

£120,388

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£287,500

Mortgage (After Refinance)

£215,625

Mortgage LTV

75%

Cash Left In

£120,388

Equity

£71,875

Rent Range

£725 - £2,210

Rent Estimate

£1,311

Running Costs/mo

£1,181

Cashflow/mo

£130

Cashflow/yr

£1,564

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £190K to £570K, average is £278.7K. £3K/m² to £6.3K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£248K05/210.05 mi4, Knightswood, Nailsea, Bristol, North Somerset BS48 2DA2
£240K08/210.07 mi2, Cricket Field Green, Nailsea, Bristol, North Somerset BS48 2DB2
£350K07/230.16 mi46, Godwin Drive, Nailsea, Bristol, North Somerset BS48 2XF2
£315K06/210.16 mi46, Godwin Drive, Nailsea, Bristol, North Somerset BS48 2XF2
£292.5K06/210.19 mi18, Silver Street, Nailsea, Bristol, North Somerset BS48 2AG2
£387K06/210.2 mi6, Sunnymede Road, Nailsea, Bristol, North Somerset BS48 2NG2
£342K06/210.22 mi30, Sunnymede Road, Nailsea, Bristol, North Somerset BS48 2NG2
£353K01/230.22 mi1b, Sunnymede Road, Nailsea, Bristol, North Somerset BS48 2NF2
£415K10/220.25 mi17, Whitesfield Road, Nailsea, Bristol, North Somerset BS48 2DX2
£250K11/200.25 mi5, Gilbeck Road, Nailsea, Bristol, North Somerset BS48 2AH2
£287K06/230.26 mi5, Silver Street, Nailsea, Bristol, North Somerset BS48 2AQ2
£255K05/210.26 mi4, Gilbeck Road, Nailsea, Bristol, North Somerset BS48 2AH2
£292K06/230.26 mi16, The Dell, Nailsea, Bristol, North Somerset BS48 2JT2
£280K05/230.26 mi3, The Dell, Nailsea, Bristol, North Somerset BS48 2JT2
£260K03/210.27 mi4, Lion Close, Nailsea, Bristol, North Somerset BS48 2AL2
£250K12/210.37 mi12, Farmhouse Close, Nailsea, Bristol, North Somerset BS48 2HD2
£205K09/210.38 mi10, Birdcombe Close, Nailsea, Bristol, North Somerset BS48 1HH2
£295K10/220.38 mi8, Farmhouse Close, Nailsea, Bristol, North Somerset BS48 2HD2
£323K12/200.39 mi32, Valley Gardens, Nailsea, Bristol, Avon BS48 2JD2
£225K03/210.41 mi12, Beaufort Gardens, Nailsea, Bristol, North Somerset BS48 2HU2
£245K06/210.41 mi7, Beaufort Gardens, Nailsea, Bristol, North Somerset BS48 2HU2
£265K08/210.42 mi67, Mizzymead Rise, Nailsea, Bristol, North Somerset BS48 2JN2
£425K01/210.42 mi6, Watery Lane, Nailsea, Bristol, North Somerset BS48 2AX2
£270K09/210.43 mi3, Amberley Gardens, Nailsea, Bristol, North Somerset BS48 2HT2
£250K06/230.44 mi17, North Street, Nailsea, Bristol, North Somerset BS48 4BP2
£351K07/230.44 mi21, Union Street, Nailsea, Bristol, North Somerset BS48 4BA2
£199.9K01/210.48 mi43, Kingshill Gardens, Nailsea, Bristol, North Somerset BS48 2SS2
£209K03/210.48 mi23, Kingshill Gardens, Nailsea, Bristol, North Somerset BS48 2SS2
£190K06/210.48 mi8, Kingshill Gardens, Nailsea, Bristol, North Somerset BS48 2SS2
£305K09/220.52 mi7, Corfe Close, Nailsea, Bristol, North Somerset BS48 2QN2
£300K12/220.54 mi10, Brunel Road, Nailsea, Bristol, North Somerset BS48 2FD2
£295K12/200.55 mi29, Southfield Road, Nailsea, Bristol, North Somerset BS48 1SD2
£277.5K06/210.56 mi25, Chancel Close, Nailsea, Bristol, North Somerset BS48 4NE2
£261K12/200.56 mi23, Chancel Close, Nailsea, Bristol, Avon BS48 4NE2
£430K07/230.56 mi1, Chancel Close, Nailsea, Bristol, North Somerset BS48 4NE2
£280K11/220.56 mi30, Earlesfield, Nailsea, Bristol, North Somerset BS48 4SG2
£279.9K02/230.57 mi9, Rhyne View, Nailsea, Bristol, North Somerset BS48 2FY2
£272.5K03/230.58 mi37, Earlesfield, Nailsea, Bristol, North Somerset BS48 4SG2
£251.5K06/210.58 mi34, Earlesfield, Nailsea, Bristol, North Somerset BS48 4SG2
£232K10/200.58 mi30, Earlesfield, Nailsea, Bristol, North Somerset BS48 4SG2
£327K06/230.59 mi30, Dorchester Close, Nailsea, Bristol, North Somerset BS48 4QW2
£250K11/200.64 mi38, French Close, Nailsea, Bristol, North Somerset BS48 1HY2
£235K04/210.65 mi98, Old Church Road, Nailsea, Bristol, North Somerset BS48 4ND2
£280K12/220.7 mi6, Withy Close, Nailsea, Bristol, North Somerset BS48 1JW2
£247.5K06/210.7 mi2, Withy Close, Nailsea, Bristol, North Somerset BS48 1JW2
£248.5K12/200.7 mi1, Withy Close, Nailsea, Bristol, North Somerset BS48 1JW2
£300K05/210.71 mi42, High Street, Nailsea, Bristol, North Somerset BS48 1AU2
£382.5K10/220.71 mi9, The Chimes, Nailsea, Bristol, North Somerset BS48 4NH2
£570K01/230.71 mi77, Station Road, Nailsea, Bristol, North Somerset BS48 1TG2
£255K09/210.73 mi79, North Street, Nailsea, Bristol, North Somerset BS48 4BS2

Local Rents

50 rents from £725/mo to £2.2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,50003/240.06 miBeechwood Road, Nailsea, Bristol, Somerset, BS483
£1,65004/240.06 miBeechwood Road, Nailsea, North Somerset, BS483
£1,35002/240.16 mi-3
£90004/240.16 mi-1
£1,30012/240.18 miFosse Way, Nailsea, North Somerset, BS483
£1,25012/240.18 mi-3
£1,15003/240.31 miEastway Square, Nailsea, North Somerset, BS483
£1,37509/230.33 mi-3
£1,25012/240.34 miClevedon Road, Nailsea, North Somerset, BS482
£1,80003/240.35 miBarns Close, Nailsea, North Somerset, BS484
£85004/250.4 mi-1
£1,40003/240.41 mi-2
£1,50003/240.41 miCauseway View, Nailsea, Bristol, BS482
£1,40003/240.41 miCauseway View, Nailsea, Bristol, BS482
£1,60003/240.41 miGreenfield Crescent, Nailsea, Bristol3
£1,10012/240.43 miGoss Lane, BS482
£1,35004/240.45 miMilton Close, Nailsea, North Somerset, BS483
£99512/240.49 miSomerset Square, Crown Glass Shopping Centre, Nailsea1
£1,30006/230.51 mi-3
£90003/240.53 miHigh Street, Nailsea, Bristol1
£87503/240.53 miHigh Street, Nailsea, North Somerset, BS481
£95003/240.55 miHigh Street, Nailsea, Bristol1
£75012/240.55 miA superb studio apartment at Avalon House1
£1,20004/240.57 miBlandford Close, Nailsea, Bristol, BS483
£1,30012/240.57 miBlandford Close, Nailsea, North Somerset, BS483
£1,10004/240.58 miDorchester Close, Nailsea, Bristol3
£1,35004/250.58 mi-3
£1,60003/240.62 miGlassworks Mews, BS483
£1,29512/240.64 miFrench Close, Nailsea3
£2,21003/240.66 miTickenham Court Farm, Tickenham, Clevedon, North Somerset, BS211
£1,30012/240.73 miWoodview Terrace, Nailsea, Bristol, BS48 1AT3
£72512/240.81 miWoodhill Views, Nailsea, North Somerset, BS481
£85012/240.81 miWoodhill Views, Nailsea, Bristol, BS481
£79004/230.84 mi-1
£89503/250.84 mi-1
£89502/230.84 mi-2
£95002/240.84 mi-2
£95004/250.84 mi-1
£1,50012/240.85 miEngine Lane, Nailsea, Bristol, BS483
£99503/240.91 miCoates House, 4 High Street, Nailsea, BS482
£1,79505/240.93 mi-3
£1,29512/240.94 miNailsea, North Somerset2
£1,80003/240.95 miAllington Gardens, Nailsea, North Somerset4
£1,60012/241 miWithy Wood Place, Nailsea, Bristol, Somerset, BS483
£1,47512/241.02 miAvening Close, Nailsea, Bristol, BS483
£1,90003/241.21 miGreen Pastures Road, Nailsea, Bristol, BS484
£2,05004/241.23 miBude Close, Nailsea, Bristol, BS484
£1,90012/241.24 miBude Close, Nailsea, Bristol, BS484
£1,10012/241.26 miNailsea, North Somerset 2
£1,50007/231.35 mi-3

Local Area Statistics

Population in BS48

23,191

Population in Bristol

795,432

Town centre distance

8.07 miles away

Nearest school

0.20 miles away

Nearest train station

1.32 miles away

 

 

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £299,995

February 8, 2025

Floor Plans

Description

  • Well proportioned semi detached bungalow +
  • In need of updating +
  • Close to excellent amenities and transport links +
  • Perfect for those looking to move quickly +
  • Recenly fitted, modern Kitchen +
  • Easy to maintain frontage +
  • Private rear garden +
  • Modern combination boiler in the loft - UPVC double glazed +
  • Garage and driveway parking for numerous vehicles +
  • EPC rating - D Council Tax Band - C Tenure - Freehold +

NO ONWARD CHAIN. A spacious 2 semi detached bungalow, ideal for those looking to move to a property with no ongoing chain delays, that would benefit from some updating although has had a Kitchen recently fitted. Situated in a small and quiet cul de sac of only 6 bungalows, the property is located in a popular part of Nailsea and is only a short walk away from the town centre with all its amenities along with easy access to transport links and local footpaths. In brief, the layout comprises: Entrance Hall, Kitchen, Lounge/Dining, 2 Bedrooms and Bathroom whilst externally there are gardens to both the front and rear along with a garage and plenty of driveway parking. EPC rating - D.

Ground Floor -

Entrance Porch - Entered via a UPVC double glazed door. A further door leads you into the Entrance Hall.

Entrance Hall - Doors to all rooms. Access to the insulated and partlially boarded loft. Linen cupboard with shelving. Radiator.

Kitchen - 3.05m x 2.41m (10'0" x 7'11 ) - Beautifully re-fitted with a modern range of wall and base units with roll edge worksurfaces and tiling to splashback. Inset stainless steel bowl and drainer, range of drawers eyeline and base units with roll top worksurfaces over, tiled splash backs, space and plumbing for washing machine, space for fridge freezer and electric cooker, double radiator, extractor fan and tiled effect vinyl floor covering. UPVC double glazed windows to the front and side.

Lounge/Dining Room - 5.54m x 3.05m (18'2" x 10') - A light room benefitting from a UPVC double glazed window to the front. Stone surround with the potential for an open fire. 2 radiators, television point, telephone point and ceiling coving.

Bedroom 1 - 3.84m x 3.02m (12'7 x 9'11 ) - UPVC double glazed window to the rear. Fitted wardrobe providing useful storage. Radiator.

Bedroom 2 - 3.02m x 2.74m (9'11" x 9'0 ) - .UPVC double glazed sliding patio doors to the rear garden. Radiator. The second Bedroom is currently being used as a Dining Room.

Bathroom - 2.06m x 1.85m (6'9" x 6'1 ) - Fitted with a suite comprising: Panelled bath with mira electric shower over. Low level coupled wc and pedestal wash hand basin. UPVC double glazed window to the side.

Rear Garden - Fully enclosed by timber panel fencing, this private rear garden consists of a paved patio area leading onto an area laid to lawn with shaped, established borders. There is further space behind the garage for a shed, a pedestrian door into the garage and side access.

Front Garden - A generous sized frontage which has been laid to gravel for ease of maintenance and thus providing additional parking when required. There is also a tarmac driveway which provides parking for numerous vehicles.

Garage - Accessed via an up and over door. Light and power connected. Pedestrian door.

Agent Details

Gino's Estate Agents, Nailsea

01275 402780

Next Steps?

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