2 Bed Flat, Single Let, Bristol, BS20 7AQ, £230,000

Eastcliff, Portishead, BS20 7AQ - 1 views - 2 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+16 photos

ValuationUndervalued

Sold Prices£207.5K - £517K
Sold Prices/m²£3.1K/m² - £6.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£281,970
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£1,090 - £1,650

Rent Estimate

£1,095

Running Costs/mo

£958

Cashflow/mo

£137

Cashflow/yr

£1,647

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £207.5K to £517K, average is £275K. £3.1K/m² to £6.1K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£235K11/200.03 mi193, Eastcliff, Portishead, Bristol, North Somerset BS20 7AQ2
£232K11/210.03 mi217, Eastcliff, Portishead, Bristol, North Somerset BS20 7AQ2
£235K11/200.03 mi193, Eastcliff, Portishead, Bristol, North Somerset BS20 7AQ2
£220K03/210.03 mi215, Eastcliff, Portishead, Bristol, North Somerset BS20 7AQ2
£430K09/230.04 mi56, Lockside, Portishead, Bristol, North Somerset BS20 7AF2
£291K04/210.04 mi61, Lockside, Portishead, Bristol, North Somerset BS20 7AF2
£260K03/210.07 mi557, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QF2
£517K10/200.13 mi407, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£330K10/200.13 mi397, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£333K02/210.13 mi385, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£325K06/230.13 mi333, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£455K03/210.13 mi8, Lockside Square, Portishead, Bristol, North Somerset BS20 7AH2
£410K08/230.13 mi5, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£425K03/230.13 mi6, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£350K01/210.13 mi4, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£360K02/230.13 mi33, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£385K11/220.13 mi32, Lockside, Portishead, Bristol, North Somerset BS20 7AE2
£261.5K02/230.14 mi18, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£234K02/210.14 mi16, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£235K10/200.14 mi3, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£215K09/210.14 mi6, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£240K07/210.14 mi1, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£286K02/230.16 mi1, Eastcliff, Portishead, Bristol, North Somerset BS20 7AB2
£237K06/210.18 mi20, Woodacre, Portishead, Bristol, North Somerset BS20 7BT2
£323K06/230.18 mi66, Woodacre, Portishead, Bristol, North Somerset BS20 7BT2
£260K06/230.19 mi120, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7PT2
£500K11/200.19 mi425, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7QH2
£217K10/200.21 mi123, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£242K12/210.21 mi114, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£263K10/210.21 mi105, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QL2
£295K03/230.22 mi27, Pier Close, Portishead, Bristol, North Somerset BS20 7BU2
£388K03/210.22 mi71, Burlington Road, Portishead, Bristol, North Somerset BS20 7BQ2
£370K11/200.22 mi55, Burlington Road, Portishead, Bristol, North Somerset BS20 7BQ2
£385K06/230.22 mi73, Burlington Road, Portishead, Bristol, North Somerset BS20 7BQ2
£265K06/210.22 mi19, Pier Close, Portishead, Bristol, North Somerset BS20 7BU2
£275K01/210.22 mi24, Pier Close, Portishead, Bristol, North Somerset BS20 7BU2
£245K12/200.24 mi109, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£355K07/210.24 mi28, Kittiwake Drive, Portishead, Bristol, North Somerset BS20 7PL2
£272.5K04/210.24 mi59, Kittiwake Drive, Portishead, Bristol, North Somerset BS20 7PL2
£240K02/210.24 mi45, Kittiwake Drive, Portishead, Bristol, North Somerset BS20 7PL2
£207.5K04/210.24 mi37, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£265K11/220.24 mi25, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£215K02/210.24 mi39, Guillemot Road, Portishead, Bristol, North Somerset BS20 7PG2
£425K11/200.25 miFlat 19, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£330K04/210.25 miFlat 33, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£410K10/230.25 miFlat 31, Centre Quay, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7AX2
£290K11/220.26 mi18, Mizzen Court, Portishead, Bristol, North Somerset BS20 7QJ2
£250K02/210.26 mi194, Newfoundland Way, Portishead, Bristol, North Somerset BS20 7PT2
£255K12/200.27 mi32, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2
£275K12/200.27 mi48, Lower Burlington Road, Portishead, Bristol, North Somerset BS20 7BP2

Local Rents

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

RentDateDistanceAddressBeds 
£1,27512/240.03 miEastcliff - Portishead Marina2
£1,29503/240.07 miNewfoundland Way - Portishead Marina2
£1,29503/240.07 miNewfoundland Way - Portishead Marina2
£1,45012/240.07 miNewfoundland Way, Portishead2
£1,20003/240.12 miWoodacre (The Edge), Port Marine, Portishead, North Somerset, BS202
£1,37512/240.12 miNewfoundland Way, Portishead, Bristol, Somerset, BS202
£1,65012/240.13 miLockside, Portishead, North Somerset, BS202
£1,30003/240.13 miEastcliff - Portishead Marina2
£1,20012/240.14 mi-2
£1,25001/250.14 mi-2
£1,35012/240.17 miKeel Avenue, Portishead, Bristol, BS202
£1,20012/240.18 miWaters Edge, Port Marine, Portishead, BS202
£1,25012/240.18 miWoodacre, Portishead, Bristol, BS202
£1,15003/240.2 miBPC02202 Pennant Place, Bristol2
£1,50012/240.22 miBurlington Road, Portishead, BS202
£1,15012/240.24 miGuillemot Road, Portishead, North Somerset, BS202
£1,15003/240.24 miKittiwake Drive, Portishead, North Somerset, BS202
£1,20012/240.24 miCentre Quay, Lower Burlington Road, Portishead, North Somerset, BS202
£1,20003/240.25 miGuillemot Road, Portishead2
£1,25012/240.25 miGuillemot Road, Portishead2
£1,20003/240.26 miNavigators Court - Portishead Marina2
£1,25003/250.27 mi-2
£1,30003/240.27 miKittiwake Drive, Portishead, BRISTOL2
£1,40003/250.28 mi-2
£1,09012/240.29 miEstuary House, Lower Burlington Road, Portishead, BS202
£1,30003/240.3 miForth Avenue, Portishead, Bristol, Somerset, BS202
£1,25012/240.33 miMerchant Square - Portishead2
£1,20004/240.35 miNewfoundland Way, Portishead, North Somerset, BS202
£1,20012/240.35 miNewfoundland Way, Portishead, North Somerset, BS202
£1,25012/240.39 miForth Avenue - Portishead2
£1,30002/250.39 mi-2
£1,10003/240.39 miSouth Road, Portishead, Bristol, BS202
£1,20012/240.39 mi-2
£1,20012/240.39 miSouth Road, Portishead, Bristol, BS202

Local Area Statistics

Population in BS20

30,042

Population in Bristol

795,432

Town centre distance

7.36 miles away

Nearest school

0.40 miles away

Nearest train station

2.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Balanced market

Capital growth (5yrs)

+22%

Property History

Listed for £230,000

February 21, 2025

Floor Plans

Description

  • Eastcliff +
  • Portishead +
  • Ground floor apartment +
  • 2 Bedrooms +
  • Kitchen/dining/living room +
  • Bathroom +
  • Allocated parking space +
  • Leasehold +
  • EPC - C +

A well presented 2 bedroom ground floor apartment, situated on the popular 'Fishing Village' on the edge of Portishead Marina.

Overview

This light and airy apartment has a lovely open plan lounge/diner with double doors opening onto the kitchen, which has integrated electric hob, cooker and dishwasher. There are 2 bedrooms, a 3 piece white bathroom suite and an airing cupboard.

Outside

There is an allocated parking space.

Location

This wonderful home is situated on the doorstep of the Marina, with cafe's, restaurants and shops nearby.

We think...

This will be ideal for those looking to downsize, as being ground floor will prove very popular.
Also it will appeal to first time buyers and buy to let investors due to the prominent position to the Marina

Material information (provided by owner)

Leasehold. The lease was set up with a 999 year, set up in 2005. Management charge is £238 per month. Ground rent charge is £150 per year. Council Tax Band C.

Agent Details

Ocean, Portishead

01275 402899

Next Steps?

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