3 Bed Terraced House, Refurb/BRRR, Bristol, BS37 4HQ, £270,000

45 HIGHWORTH CRESCENT, YATE - 2 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 3%
95 m²
+2 photos

ValuationFair Value











Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Refurb Costs

£38,655

Bridging Loan Interest

£7,088

Total Cash In

£125,293

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£280,499

Mortgage (After Refinance)

£210,374

Mortgage LTV

75%

Cash Released

£7,874

Cash Left In

£117,419

Equity

£70,125

Rent Range

£1,300 - £1,800

Rent Estimate

£1,456

Running Costs/mo

£1,188

Cashflow/mo

£268

Cashflow/yr

£3,219

ROI

3%

Gross Yield

6%













Local Rents

16 rents from £1.3K/mo to £1.8K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40004/250.04 mi-3
£1,30012/240.21 mi-3
£1,35012/240.28 miBlaisdon, Yate3
£1,30012/240.33 miHarescombe, Yate, BRISTOL, BS373
£1,40012/240.35 mi-3
£1,30012/240.39 miChargrove, Yate, South Gloucestershire, BS37 3
£1,39501/250.47 mi-3
£1,40004/250.51 mi-3
£1,39512/240.52 miSlimbridge Close, Yate3
£1,30012/240.52 mi-3
£1,60012/240.55 mi-3
£1,50009/240.55 mi-3
£1,70001/250.57 mi-3
£1,50002/250.57 mi-3
£1,80002/240.61 mi-3
£1,59512/240.61 mi-3

Local Area Statistics

Population in BS37

38,080

Population in Bristol

795,432

Town centre distance

8.57 miles away

Nearest school

0.20 miles away

Nearest train station

0.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-21%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £270,000

February 15, 2025

Floor Plans

Description

  • Extended Terraced House +
  • Lounge +
  • Dining Room +
  • Kitchen/Breakfast Room +
  • 3 Good Sized Bedrooms +
  • Shower Room +
  • Gas Central Heating Double Glazing +
  • Gardens to Front & Rear +
  • Double Garage +
  • No Upward Chain +

In need of some cosmetic updating, and being offered for sale with no upward chain is this extended property. Sure to create much interest and briefly comprises entrance porch and hallway, lounge, dining room and kitchen/breakfast room to the ground floor. Upstairs can be found 3 good sized bedrooms and white shower room. Further benefits include gas central heating, double glazing, gardens to the front and rear, with a double garage. Viewing strongly advised.

Porch - Double glazed sliding door with further double glazed door and matching double glazed side panel into

Entrance Hallway - Radiator, stairs to 1st floor with cupboard under, doors into

Lounge - 4.37m x 3.61m max (14'4" x 11'10" max) - Double glazed window to the front, radiator.

Dining Room - 5.00m x 2.90m max (16'5" x 9'6" max) - Double glazed window to the rear, two radiators, door into

Kitchen/Breakfast Room - 4.95m x 2.34m (16'3" x 7'8") - Double glazed window and double glazed door to the rear, range of wall, drawer and base units with work surface over, stainless steel sink unit, part tiled walls, spaces for gas cooker, washing machine and tumble dryer, wood effect flooring, wall mounted Worcester boiler.

First Floor Landing - Access to part boarded loft space with ladder and light, doors into

Bedroom One - 4.11m x 3.05m max (13'6" x 10' max) - Double glazed window to the front, built in cupboard, radiator.

Bedroom Two - 3.25m x 3.02m (10'8" x 9'11") - Double glazed window to the rear, radiator.

Bedroom Three - 3.00m x 2.44m max (9'10" x 8' max) - Double glazed window to the front, radiator,

Shower Room - 2.16m x 1.68m (7'1" x 5'6") - Double glazed window to the rear, white suite comprising, tiled double shower cubicle with electric shower, pedestal wash hand basin, WC, heated towel rail.

Outside - The front is laid to lawn with raised flower and shrub borders and pathway leading to the front door.

The enclosed rear garden is laid to patio with step up to raised lawn area with shrub borders, courtesy door into the garage and gated access leading to the rear.

Double Garage - 5.00m x 4.70m (16'5" x 15'5") - Double up and over door light power and two glazed windows to the rear with courtesy door into the garden.

Agent Details

Hunters, Yate

01454 802649

Next Steps?

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