3 Bed Detached House, Single Let, Bristol, BS20 8RN, £450,000

Merlin Park, Portishead, BS20 8RN - 2 months ago

BTL
~93 m²
+17 photos

ValuationOvervalued

Sold Prices£230K - £575K
Sold Prices/m²£2.9K/m² - £7K/m²

 

 

Square Metres

~93 m²
Price/m²£4.8K/m²

Value Estimate

£394,161

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£25,500

Total Cash In

£138,000

 

 

Cash Out

 

Rent Range

£1,195 - £2,395

Rent Estimate

£1,238

Running Costs/mo

£1,674

Cashflow/mo

£-436

Cashflow/yr

£-5,230

Gross Yield

3%

Local Sold Prices

50 sold prices from £230K to £575K, average is £356.5K. £2.9K/m² to £7K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£374K06/210.02 mi20, Merlin Park, Portishead, Bristol, North Somerset BS20 8RN3
£325K12/200.02 mi36, Merlin Park, Portishead, Bristol, North Somerset BS20 8RN3
£420K03/230.02 mi12, Merlin Park, Portishead, Bristol, North Somerset BS20 8RN3
£410K12/220.06 mi23, Merlin Park, Portishead, Bristol, North Somerset BS20 8RJ3
£327.5K11/200.09 mi11, Hilltop, Portishead, Bristol, North Somerset BS20 8RH3
£302K05/210.14 mi16, High View, Portishead, Bristol, North Somerset BS20 8RF3
£345K08/210.14 mi17, High View, Portishead, Bristol, North Somerset BS20 8RF3
£375K09/230.18 mi6, Holly Ridge, Portishead, Bristol, North Somerset BS20 8BP3
£338K11/200.18 mi11, Holly Ridge, Portishead, Bristol, North Somerset BS20 8BP3
£415.5K08/230.21 mi11, Downleaze, Portishead, Bristol, North Somerset BS20 8BJ3
£309K02/210.22 mi28, Gaunts Close, Portishead, Bristol, North Somerset BS20 8BL3
£355K12/220.24 mi14, Kings Road, Portishead, Bristol, North Somerset BS20 8HH3
£315K12/200.24 mi82, Brendon Road, Portishead, Bristol, North Somerset BS20 6DQ3
£480K11/210.27 mi8, Ranchway, Portishead, Bristol, North Somerset BS20 8DQ3
£347K03/210.27 mi5, The Downs, Portishead, Bristol, North Somerset BS20 6ED3
£306K01/230.29 mi48, Brendon Road, Portishead, Bristol, North Somerset BS20 6DH3
£375K01/210.31 mi25a, Seaview Road, Portishead, Bristol, North Somerset BS20 8HJ3
£540K06/210.31 mi5, Harmony Drive, Portishead, Bristol, North Somerset BS20 8DH3
£375K12/220.31 mi28, Down Road, Portishead, Bristol, North Somerset BS20 6EA3
£573K04/210.32 mi46, Hillcrest Road, Portishead, Bristol, North Somerset BS20 8HP3
£262.2K12/200.33 mi5, Brendon Road, Portishead, Bristol, North Somerset BS20 6DJ3
£375K06/230.34 mi17, The Deans, Portishead, Bristol, North Somerset BS20 6EG3
£420K06/230.34 mi28, The Deans, Portishead, Bristol, North Somerset BS20 6EG3
£356K02/230.34 mi23, The Deans, Portishead, Bristol, North Somerset BS20 6EG3
£250K06/210.37 mi17, Polden Road, Portishead, Bristol, North Somerset BS20 6DL3
£373K01/230.39 mi32, The Deans, Portishead, Bristol, North Somerset BS20 6EQ3
£230K11/200.39 mi7, Blackdown Road, Portishead, Bristol, North Somerset BS20 6DN3
£415K11/210.4 mi87, The Downs, Portishead, Bristol, North Somerset BS20 6EE3
£305K03/210.41 mi65, The Deans, Portishead, Bristol, North Somerset BS20 6EQ3
£357K06/210.41 mi55, The Deans, Portishead, Bristol, North Somerset BS20 6EQ3
£328K09/210.41 mi32, The Deans, Portishead, Bristol, North Somerset BS20 6EQ3
£330K02/230.43 mi106, Badger Rise, Portishead, Bristol, North Somerset BS20 8AX3
£302K06/210.43 mi148, Badger Rise, Portishead, Bristol, North Somerset BS20 8AX3
£335K01/230.43 mi3, Blackdown Road, Portishead, Bristol, North Somerset BS20 6DN3
£380K06/210.45 mi20, Lower Down Road, Portishead, Bristol, North Somerset BS20 6PF3
£360K11/220.47 mi28, Badger Rise, Portishead, Bristol, North Somerset BS20 8AX3
£330K07/210.48 mi111, The Deans, Portishead, Bristol, North Somerset BS20 6DZ3
£330K02/210.48 mi91, The Deans, Portishead, Bristol, North Somerset BS20 6DZ3
£370K11/220.48 mi26, Brock End, Portishead, Bristol, North Somerset BS20 8AS3
£385K12/220.49 mi183, Badger Rise, Portishead, Bristol, North Somerset BS20 8NN3
£523.5K12/200.49 mi343, Nore Road, Portishead, Bristol, North Somerset BS20 8EX3
£380K08/230.49 mi57, Brock End, Portishead, Bristol, North Somerset BS20 8LS3
£367K09/230.49 mi81, Brock End, Portishead, Bristol, North Somerset BS20 8LS3
£329.9K01/210.49 mi19, Brock End, Portishead, Bristol, North Somerset BS20 8LS3
£330K03/210.49 mi43, Brock End, Portishead, Bristol, North Somerset BS20 8LS3
£315K06/210.49 mi81, Brock End, Portishead, Bristol, North Somerset BS20 8LS3
£575K06/210.5 mi22, Beechwood Road, Portishead, Bristol, North Somerset BS20 8EP3
£310K06/210.53 mi14, Brock End, Portishead, Bristol, North Somerset BS20 8AS3
£415K03/230.53 mi14, Brock End, Portishead, Bristol, North Somerset BS20 8AS3
£560K11/200.53 mi33, Beechwood Road, Portishead, Bristol, North Somerset BS20 8ER3

Local Rents

15 rents from £1.2K/mo to £2.4K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,42503/240.03 miMerlin Park, Portishead3
£1,65011/240.1 mi-3
£1,50004/240.17 miLindsey Close - Portishead3
£1,25012/240.37 miPolden Road, Portishead, Bristol3
£1,50003/240.41 miBadger Rise, Portishead3
£1,49512/240.43 miBadger Rise - Portishead3
£1,35006/240.66 mi-3
£2,39512/240.66 mi-3
£1,40011/240.75 mi-3
£1,60012/240.78 mi-3
£1,20012/240.95 miRoath Road, Portishead, Bristol, BS203
£1,69512/241.01 miCombe Avenue, Portishead3
£1,85010/241.14 mi-3
£1,19512/241.2 miFlat , Bristol Road, Portishead, Bristol3
£1,59503/241.22 miNorfolk Road 3

Local Area Statistics

Population in BS20

30,042

Population in Bristol

795,432

Town centre distance

8.70 miles away

Nearest school

0.20 miles away

Nearest train station

4.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Price changed to £450,000

March 12, 2025

Listed for £460,000

February 12, 2025

Floor Plans

Description

  • Merlin Park +
  • Portishead +
  • Detached home +
  • 3 Bedrooms +
  • En-suite to master +
  • Stunning kitchen/diner/family room +
  • Low maintenance garden +
  • Garage & Parking +
  • Freehold +
  • EPC - D +

A beautifully presented and extended 3 bedroom detached home on Merlin Park with a stunning open plan kitchen/diner/family room.

Overview

Ground floor hosts entrance hall, light and airy lounge which is open to the stairs. The main feature of this wonderful home is the spacious open plan kitchen/diner measuring over 20'. The kitchen has integrated double oven, hob, and fridge/freezer with double doors opening onto the garden. There is also a downstairs w/c and side entrance opening door.
Upstairs are 3 bedrooms, the master has fitted wardrobes and en-suite shower room. There is also a family bathroom suite located off the landing, along with an airing cupboard.

Outside

There is a low maintenance rear garden with artificial lawn, patio and side access. To the front is a good size garage with off street parking in-front.

Location

Situated in the popular Merlin Park where you can enjoy lovely walks along the playing fields and there is a playpark and skate park for kids. High Down Primary School is within a few minutes walk away. There are also local shops on top of Avon Way, including a Tescos and Co-op, both within easy reach.

We think...

This is perfect for families looking for a house they can entertain in, with the addition of being within a short walk to High Down Primary School. It will also appeal to those wanting to downsize with it's level approach.

Material information (provided by owner)

Freehold. Council Tax Band D.

Agent Details

Ocean, Portishead

01275 402899

Next Steps?

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