2 Bed Terraced House, Single Let, Bristol, BS20 7PE, £275,000

Merchant Square, Portishead, Portishead, BS20 7PE - 2 views - 2 months ago

Sold STC
Leasehold
BTL
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£162.5K - £470K
Sold Prices/m²£2.9K/m² - £7.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£309,022
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£1,050 - £1,650

Rent Estimate

£1,080

Running Costs/mo

£1,095

Cashflow/mo

£-15

Cashflow/yr

£-184

Gross Yield

5%

Local Sold Prices

37 sold prices from £162.5K to £470K, average is £283K. £2.9K/m² to £7.3K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£275K09/210.12 mi61, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£470K04/210.2 mi42, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£325K01/230.22 mi23, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£295K02/210.23 mi31, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£300K10/210.26 mi7, Turnstone Avenue, Portishead, Bristol, North Somerset BS20 7NS2
£270K04/210.27 mi140, Forth Avenue, Portishead, Bristol, North Somerset BS20 7NY2
£292K09/210.28 mi6, Whimbrel Avenue, Portishead, Bristol, North Somerset BS20 7PA2
£300K04/230.3 mi101, Eastcliff, Portishead, Bristol, North Somerset BS20 7AD2
£297.5K07/210.33 mi8, Sanderling Place, Portishead, Bristol, North Somerset BS20 7NW2
£296K03/230.33 mi6, Lundy Gate, Portishead, Bristol, North Somerset BS20 7GS2
£335K07/230.36 mi11, Shannon Walk, Portishead, Bristol, North Somerset BS20 7GW2
£232K11/200.4 mi12, Tansy Lane, Portishead, Bristol, North Somerset BS20 7JL2
£255K12/200.41 mi23, Peartree Field, Portishead, Bristol, North Somerset BS20 7LE2
£258K10/200.41 mi9, Peartree Field, Portishead, Bristol, North Somerset BS20 7LE2
£162.5K08/230.42 mi6, Clockhouse Mews, Portishead, Bristol, North Somerset BS20 7HS2
£300K10/220.45 mi38, Galingale Way, Portishead, Bristol, North Somerset BS20 7LU2
£270K08/230.46 mi26, Galingale Way, Portishead, Bristol, North Somerset BS20 7LU2
£322K12/220.48 mi29, Goldcrest Way, Portishead, Bristol, North Somerset BS20 7ND2
£265K02/210.57 mi9, Wagtail Crescent, Portishead, Bristol, North Somerset BS20 7PY2
£415K10/230.58 mi69, Brampton Way, Portishead, Bristol, North Somerset BS20 6YT2
£257K01/210.6 mi36, Lambourne Way, Portishead, Bristol, North Somerset BS20 7LQ2
£250K11/200.63 mi19, Aelfric Meadow, Portishead, Bristol, North Somerset BS20 7LB2
£318K08/230.67 mi14, Jacobs Meadow, Portishead, Bristol, North Somerset BS20 7LN2
£275K10/210.67 mi17, Jacobs Meadow, Portishead, Bristol, North Somerset BS20 7LN2
£257K05/210.67 mi41, Jacobs Meadow, Portishead, Bristol, North Somerset BS20 7LN2
£259K04/210.67 mi39, Jacobs Meadow, Portishead, Bristol, North Somerset BS20 7LN2
£260K02/230.72 mi49a, West Hill, Portishead, Bristol, North Somerset BS20 6LG2
£285K01/210.72 mi93, Heron Gardens, Portishead, Bristol, North Somerset BS20 7BN2
£301.3K07/230.72 mi93, Heron Gardens, Portishead, Bristol, North Somerset BS20 7BN2
£285K06/210.74 mi22, Heron Gardens, Portishead, Bristol, North Somerset BS20 7DH2
£399.9K03/210.74 mi55b, Heron Gardens, Portishead, Bristol, North Somerset BS20 7DH2
£283K09/210.8 mi6, Clarence Gardens, Portishead, Bristol, North Somerset BS20 6BN2
£330K01/210.8 mi7, Court Close, Portishead, Bristol, North Somerset BS20 6UX2
£211K12/220.81 mi27, Portland Drive, Portishead, Bristol, North Somerset BS20 6YQ2
£245K08/210.81 mi39, Portland Drive, Portishead, Bristol, North Somerset BS20 6YQ2
£280K07/230.88 mi9, The Paddock, Portishead, Bristol, North Somerset BS20 6QX2
£278K07/230.88 mi18, The Paddock, Portishead, Bristol, North Somerset BS20 6QX2

Local Rents

37 rents from £1.1K/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25012/240.01 miMerchant Square - Portishead2
£1,30002/250.06 mi-2
£1,25003/250.06 mi-2
£1,20004/240.07 miNewfoundland Way, Portishead, North Somerset, BS202
£1,20012/240.07 miNewfoundland Way, Portishead, North Somerset, BS202
£1,40003/250.08 mi-2
£1,09012/240.08 miEstuary House, Lower Burlington Road, Portishead, BS202
£1,20012/240.11 miCentre Quay, Lower Burlington Road, Portishead, North Somerset, BS202
£1,20003/240.15 miNavigators Court - Portishead Marina2
£1,20012/240.16 miWaters Edge, Port Marine, Portishead, BS202
£1,30003/240.2 miForth Avenue, Portishead, Bristol, Somerset, BS202
£1,65012/240.21 miLockside, Portishead, North Somerset, BS202
£1,20012/240.22 mi-2
£1,25001/250.22 mi-2
£1,50012/240.23 miBurlington Road, Portishead, BS202
£1,30003/240.23 miEastcliff - Portishead Marina2
£1,20003/240.23 miGuillemot Road, Portishead2
£1,25012/240.23 miGuillemot Road, Portishead2
£1,35012/240.24 miKeel Avenue, Portishead, Bristol, BS202
£1,15003/240.24 miBPC02202 Pennant Place, Bristol2
£1,37512/240.25 miNewfoundland Way, Portishead, Bristol, Somerset, BS202
£1,25012/240.25 miWoodacre, Portishead, Bristol, BS202
£1,15012/240.26 miGuillemot Road, Portishead, North Somerset, BS202
£1,25012/240.27 miForth Avenue - Portishead2
£1,20012/240.29 mi-2
£1,20012/240.29 miSouth Road, Portishead, Bristol, BS202
£1,10003/240.29 miSouth Road, Portishead, Bristol, BS202
£1,29503/240.3 miNewfoundland Way - Portishead Marina2
£1,45012/240.3 miNewfoundland Way, Portishead2
£1,29503/240.3 miNewfoundland Way - Portishead Marina2
£1,20003/240.31 miWoodacre (The Edge), Port Marine, Portishead, North Somerset, BS202
£1,15003/240.33 miKittiwake Drive, Portishead, North Somerset, BS202
£1,27512/240.36 miEastcliff - Portishead Marina2
£1,30003/240.38 miKittiwake Drive, Portishead, BRISTOL2
£1,10012/240.4 miHigh Street, Portishead, Bristol2
£1,30003/240.4 miCamomile Walk, Portishead2
£1,05012/240.62 miHigh Street, Portishead, Bristol, Somerset, BS202

Local Area Statistics

Population in BS20

30,042

Population in Bristol

795,432

Town centre distance

7.42 miles away

Nearest school

0.10 miles away

Nearest train station

2.75 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £275,000

February 19, 2025

Floor Plans

Description

  • Stunning Duplex Apartment +
  • Private Entrance Door +
  • Two Double Bedrooms +
  • Bathroom & Shower Room +
  • Sun Terrace +
  • Integral Garage +
  • Marina Location +
  • Council Tax Band C +

This stylish two double bedroom duplex apartment is located on the door step of Portishead's vibrant marina and it's shops and bars, offering well proportioned accommodation, outside terrace, your own private entrance and a garage, this will make a beautiful home. The accommodation in brief comprises:- Spacious entrance hall, shower room with a matching suite comprising shower cubicle, W.C and pedestal wash basin. The ground floor double bedroom is a bright room with a window to the front, from the hallway there is access into the integral single garage, under stairs storage and window letting the light flood in. To the first floor is the stylish living room which is filled with light from the floor to ceiling window. The second double bedroom is also on this level with window to rear and built in double wardrobes. The kitchen, separate from the main living space, is accessed from the landing and is fitted with a matching range of wall and base units with work surface over, integrated oven, hob and dishwasher, there is space for fridge/freezer and plumbing for washing machine, there is a window to the front and a door providing access out on to the sun terrace, providing the perfect spot for outside dining and relaxing. The family bathroom is fitted with a matching white three piece suite comprising panelled bath, W.C, and pedestal wash hand basin. This property is sure to appeal to many with its own private entrance, proximity to the vibrant marina with its many coffee shops, bars and restaurants and generous accommodation. The management fees are only £884.52 approx per annum and Ground Rent fixed at £350.00 per annum. The lease length is 125 years from 2008. This property has EWS1 sign off, and has the benefit of visitor parking spaces.

Agent Details

Challenger Burgess Estate Agents LTD, Portishead

01270 918031

Next Steps?

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