4 Bed HMO, Bristol, BS7 9YE £375,000

10 COPLEY GARDENS, LOCKLEAZE, BRISTOL, BS7 9YE - 3 views - 9 months ago
Sold STC
Auction
HMO
ROI: 4%
~184 m²
Property image
Property image

ValuationUndervalued

Sold Prices£297.5K - £740K
Sold Prices/m²£3K/m² - £7.4K/m²

 

 

Square Metres

~183.80 m²
Price/m²£2K/m²

Value Estimate

£468,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£28,700

Total Cash In

£122,450

 

 

Cash Out

 

Room Rate

£672

Gross Rent

£2,688

Running Costs/mo

£2,240

Cashflow/mo

£448

Cashflow/yr

£5,371

ROI

4%

Gross Yield

9%

Local Sold Prices

50 sold prices from £297.5K to £740K, average is £470.5K. £3K/m² to £7.4K/m², average is £4.3K/m².

Price
Date
Distance
Address
Beds
 
£575K03/250.42 mi37, Long Wood Meadows, Lockleaze, Bristol BS16 1GP4
£707K11/240.47 mi27, Long Wood Meadows, Lockleaze, Bristol BS16 1GP4
£370K08/210.5 mi217, Dovercourt Road, Bristol, City Of Bristol BS7 9SF4
£425K09/210.5 mi61, Barkleys Hill, Stapleton, Bristol, City Of Bristol BS16 1AD4
£335K06/210.55 mi208, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0AZ4
£443K02/250.55 mi201, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0AY4
£297.5K09/210.58 mi23, Berry Lane, Bristol, City Of Bristol BS7 9SA4
£450K06/230.6 mi41, Sandling Avenue, Bristol, City Of Bristol BS7 0HS4
£640K11/240.64 mi31, Baileys Mead Road, Stapleton, Bristol BS16 1AE4
£335K08/210.66 mi79, Duchess Way, Bristol, City Of Bristol BS16 1EX4
£470K06/230.66 mi36, Lindsay Road, Bristol, City Of Bristol BS7 9NP4
£740K03/250.66 mi102, Park Road, Stapleton, Bristol BS16 1DT4
£455.5K02/250.68 mi95, Muller Road, Horfield, Bristol BS7 9RQ4
£400K09/210.7 mi32, Shaldon Road, Bristol, City Of Bristol BS7 9NW4
£387.5K11/240.71 mi115, Filton Avenue, Horfield, Bristol BS7 0AT4
£436K05/230.74 mi2, Crowther Road, Bristol, City Of Bristol BS7 9NS4
£530K08/250.74 mi9, Admiral Close, Bristol BS16 1WN4
£634.2K03/250.76 mi3, Bedford Crescent, Horfield, Bristol BS7 9PP4
£450K12/220.77 mi129, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB4
£506K08/210.77 mi35, Highbury Road, Horfield, Bristol, City Of Bristol BS7 0DA4
£560K12/220.78 mi12, Parkstone Avenue, Bristol, City Of Bristol BS7 0BY4
£425K11/220.79 mi7, Sir Johns Lane, Bristol, City Of Bristol BS5 6TX4
£542.5K01/230.81 mi9, Doone Road, Bristol, City Of Bristol BS7 0JQ4
£495K10/210.81 mi4, Bayswater Road, Bristol, City Of Bristol BS7 0BN4
£600K05/230.81 mi12, Bayswater Road, Bristol, City Of Bristol BS7 0BN4
£572K05/230.81 mi32, Brent Road, Bristol, City Of Bristol BS7 9QZ4
£400K06/210.82 mi29, Montreal Avenue, Bristol, City Of Bristol BS7 0NB4
£585.3K01/250.83 mi10, Brent Road, Horfield, Bristol BS7 9QZ4
£538K06/210.84 mi1a, Beaufort Road, Horfield, Bristol, City Of Bristol BS7 0AH4
£636K03/250.84 mi13, Beaufort Road, Horfield, Bristol, City Of Bristol BS7 0AH4
£373K05/210.84 mi14, Jellicoe Avenue, Stapleton, Bristol, South Gloucestershire BS16 1WJ4
£470K05/230.87 mi8, Hawksmoor Lane, Stapleton, Bristol, South Gloucestershire BS16 1WS4
£515K04/230.89 mi18, Heyford Avenue, Bristol, City Of Bristol BS5 6UF4
£509K06/210.89 mi27, Ralph Road, Bristol, City Of Bristol BS7 9QR4
£550K09/210.9 mi37, Ashgrove Road, Ashley Down, Bristol, City Of Bristol BS7 9LF4
£416K06/210.91 mi9, Quarry Way, Stapleton, Bristol, City Of Bristol BS16 1UP4
£380K03/250.91 mi5, Thomas Way, Bristol BS16 1WT4
£624K01/230.91 mi46, Ashgrove Road, Ashley Down, Bristol, City Of Bristol BS7 9LQ4
£470K03/250.92 mi6, St Aldwyns Close, Horfield, Bristol BS7 0UQ4
£470K03/250.92 mi6, St Aldwyns Close, Horfield, Bristol BS7 0UQ4
£567K04/230.92 mi28, Station Road, Ashley Down, Bristol, City Of Bristol BS7 9LB4
£646K07/250.92 mi31, York Avenue, Bishopston, Bristol BS7 9LH4
£450K06/210.92 mi7, Wellington Crescent, Bristol, City Of Bristol BS7 8SZ4
£453K07/230.92 mi10, Heath Road, Eastville, Bristol, City Of Bristol BS5 6TU4
£460K06/210.93 mi39, Casson Drive, Stapleton, Bristol, South Gloucestershire BS16 1WP4
£471K07/230.93 mi57, Quarrington Road, Bristol, City Of Bristol BS7 9PJ4
£662.5K12/220.94 mi9, Talgarth Road, Bristol, City Of Bristol BS7 9LN4
£550K08/210.95 mi16, York Avenue, Bristol, City Of Bristol BS7 9LH4
£572K06/230.95 mi3, Glenside Park, Bristol, City Of Bristol BS16 1UN4
£416K11/220.95 mi20, Mortimer Road, Filton, Bristol, South Gloucestershire BS34 7LF4

Local Area Statistics

Population in BS7

40,495

Population in Bristol

795,432

Town centre distance

1.71 miles away

Nearest school

0.10 miles away

Nearest train station

1.06 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+15%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £375,000

February 11, 2025

Floor Plans

Property image

Description

  • SOLD FOR £421,000 - 20 March Auction +
  • Spacious 4-bedroom detached house +
  • Generous plot of approx. 0.2 acres +
  • Potential for redevelopment of the site +
  • Scope for HMO use, subject to consents +
  • 8-week completion +

An impressive and well-presented 4-bedroom detached house, set on a generous 0.2 acre plot with expansive wrap-around gardens. Offering ample space inside and out, the property features a private garage and a spacious driveway for convenient off-street parking. With exceptional potential for transformation, it presents an exciting opportunity for developers, investors, or private buyers. Whether converted into an HMO or redeveloped into a scheme of flats or houses (subject to the necessary consents), this property offers endless possibilities.

For Sale By Auction - This property is due to feature in our online auction on 20th March 2025 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

Viewings - By appointment.

Summary - SOLD FOR £421,000 - SPACIOUS DETACHED 4-BEDROOM HOUSE ON A LARGE PLOT WITH SCOPE FOR REDEVELOPMENT

Description - A substantial and well-presented 4-bedroom detached house occupying a generous plot of approximately 0.2 acres, which includes extensive wrap-around gardens, a garage and a driveway providing off-street parking. The property offers potential for conversion to an HMO or the whole site could be redeveloped to provide a scheme of flats or houses, subject to obtaining the necessary consents. A superb opportunity for developers, investors and private buyers alike.

Location - The property is situated at the north-eastern end of Copley Gardens, a residential cul de sac in Lockleaze off Constable Road. Easy access is provided to a range of local amenities on Gainsborough Square and the popular Trinity Academy is just 0.14 miles away.

Accommodation - The ground floor accommodation comprises two reception rooms, a large open-plan kitchen/diner, an office/study, utility room and cloakroom. On the first floor there are four double bedrooms and a family bathroom.

Please refer to floorplan for approximate room measurements and internal layout.

Hmo & Development Potential - The property offers scope for conversion into a large HMO (6 or 7 bedrooms), subject to consents. There is also potential to demolish the existing house and redevelop the site to provide a scheme of 3-4 smaller houses or 6-8 flats, again subject to obtaining the necessary planning consents.

Tenure - The property is for sale on a freehold basis with vacant possession.

Completion - Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.

Energy Performance Certificate (Epc) - Rating: C

Auction Or Bridging Finance Required? - Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on or email

*Guide Price - Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Reserve Price - The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Proxy, Telephone & Online Remote Bidding - The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.

Preliminary Deposits - The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:

£1,000 - £150,000: £5,000
£151,000 and above: £10,000

If you bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 inc VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days.

Rental Estimates - All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.

Agent Details

Maggs & Allen, Auction, Commercial & Investment

0117 463 0249

Next Steps?

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