2 Bed Flat, Single Let, Bristol, BS48 1RD, £180,000

Crown Glass Place, Nailsea, BS48 1RD - 3 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£164.9K - £375K
Sold Prices/m²£2.7K/m² - £7.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£220,186
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£895 - £1,500

Rent Estimate

£956

Running Costs/mo

£774

Cashflow/mo

£182

Cashflow/yr

£2,188

ROI

4%

Gross Yield

6%

Local Sold Prices

6 sold prices from £164.9K to £375K, average is £183.8K. £2.7K/m² to £7.7K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£219.9K06/220.06 mi14, Somerset Square, Nailsea, Bristol, North Somerset BS48 1RP2
£187.5K03/210.33 mi17, French Close, Nailsea, Bristol, North Somerset BS48 1HY2
£164.9K09/220.84 mi21, Kingshill Gardens, Nailsea, Bristol, North Somerset BS48 2SS2
£174.9K05/230.84 mi12, Kingshill Gardens, Nailsea, Bristol, North Somerset BS48 2SS2
£180K11/200.84 mi22, Kingshill Gardens, Nailsea, Bristol, North Somerset BS48 2SS2
£375K06/211.62 mi20, St Johns Road, Backwell, Bristol, North Somerset BS48 3JN2

Local Rents

10 rents from £895/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,25012/240.33 miClevedon Road, Nailsea, North Somerset, BS482
£89502/230.5 mi-2
£95002/240.5 mi-2
£1,29512/240.52 miNailsea, North Somerset2
£99503/240.58 miCoates House, 4 High Street, Nailsea, BS482
£1,10012/240.65 miGoss Lane, BS482
£1,10012/240.77 miNailsea, North Somerset 2
£1,40003/240.82 mi-2
£1,50003/240.82 miCauseway View, Nailsea, Bristol, BS482
£1,40003/240.82 miCauseway View, Nailsea, Bristol, BS482

Local Area Statistics

Population in BS48

23,191

Population in Bristol

795,432

Town centre distance

7.70 miles away

Nearest school

0.20 miles away

Nearest train station

0.96 miles away

 

 

Rental growth (12m)

-3%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £180,000

February 17, 2025

Floor Plans

Description

  • 2 Double Bedrooms +
  • No Chain +
  • Open plan Kitchen/Living Space +
  • Kitchen With Integrated Appliances +
  • Great Location +
  • Very Good Condition +
  • Parking Space on Application +
  • First Floor Apartment +

This well-presented two double-bedroom first-floor apartment is ideally located in the heart of Nailsea Shopping Centre, offering immediate access to a range of shops, amenities, and transport links. With no onward chain, this property is ready for immediate occupation and is perfect for first-time buyers, investors, or downsizers. Accessed via a secure intercom entry system, the apartment is situated on the first floor and is in excellent condition throughout. The entrance hall includes a storage cupboard and leads to the bright and spacious open-plan kitchen and living area. The modern kitchen features sleek white units, an integrated fridge/freezer, dishwasher, and washing machine, as well as a breakfast bar, making it a practical and stylish space to cook, dine, and relax. Both bedrooms are generous doubles, providing comfortable accommodation. The good-sized bathroom is fitted with a white suite, vanity unit, and a bath with shower over, complemented by tiled flooring, windows, and a light lantern that floods the space with natural light. Parking is available via the management company for a minimal charge, subject to availability. With its fantastic central location, modern interior, and easy access to local conveniences, this apartment is a superb opportunity for those seeking a comfortable and convenient home in Nailsea.

EPC Rating: E

Agent Details

Parkers Estate Agents, Backwell

01275 402755

Next Steps?

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