2 Bed Terraced House, Single Let, Bristol, BS48 3LE, £250,000

23 The Briars, Backwell, North Somerset, BS48 3LE - 2 views - 2 months ago

BTL

57 m²

+2 photos

ValuationUndervalued

Sold Prices	£225K - £570K
Sold Prices/m²	£3.5K/m² - £5.9K/m²

Square Metres	57 m²
Price/m²	£4.4K/m²
Value Estimate	£271,285£271,285
BMV	9%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£62,500£62,500
Stamp Duty & Legal Fees	£8,700£8,700
Total Cash In	£71,200£71,200

Cash Out
Rent Range	£725 - £2,050£725 - £2,050
Rent Estimate	£770
Running Costs/mo	£955£955
Cashflow/mo	£-185£-185
Cashflow/yr	£-2,223£-2,223
Gross Yield	4%4%

Local Sold Prices

24 sold prices from £225K to £570K, average is £286.3K. £3.5K/m² to £5.9K/m², average is £4.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£361.5K	12/20	0.39 mi	2, Mariners Drive, Backwell, Bristol, North Somerset BS48 3HS	£4,463	81	2	Semi-Detached House
£345K	12/20	0.54 mi	Lavender Cottage, 7, Chelvey Rise, Nailsea, Bristol, North Somerset BS48 2SQ	-	-	2	Semi-Detached House
£303K	06/21	0.55 mi	46, West Town Road, Backwell, Bristol, North Somerset BS48 3HQ	-	-	2	Detached House
£299.9K	08/22	0.77 mi	19, Cricklade Court, Nailsea, Bristol, North Somerset BS48 2ST	£4,746	63	2	Terraced House
£525K	12/20	0.8 mi	25, Oakleigh Close, Backwell, Bristol, North Somerset BS48 3JX	-	-	2	Detached House
£300K	07/23	0.84 mi	11, Crewkerne Close, Nailsea, Bristol, North Somerset BS48 2SN	£5,455	55	2	Terraced House
£262.5K	04/21	0.84 mi	10, Crewkerne Close, Nailsea, Bristol, North Somerset BS48 2SN	£4,861	54	2	Terraced House
£570K	01/23	0.85 mi	77, Station Road, Nailsea, Bristol, North Somerset BS48 1TG	-	-	2	Detached House
£327K	06/23	0.85 mi	30, Dorchester Close, Nailsea, Bristol, North Somerset BS48 4QW	£5,542	59	2	Semi-Detached House
£277.5K	06/21	0.87 mi	25, Chancel Close, Nailsea, Bristol, North Somerset BS48 4NE	£5,337	52	2	Semi-Detached House
£261K	12/20	0.87 mi	23, Chancel Close, Nailsea, Bristol, Avon BS48 4NE	£4,745	55	2	Semi-Detached House
£430K	07/23	0.87 mi	1, Chancel Close, Nailsea, Bristol, North Somerset BS48 4NE	£5,000	86	2	Detached House
£265K	10/22	0.88 mi	7, Wincanton Close, Nailsea, Bristol, North Somerset BS48 2SR	£4,818	55	2	Terraced House
£235K	10/20	0.88 mi	8, Wincanton Close, Nailsea, Bristol, North Somerset BS48 2SR	£4,273	55	2	Terraced House
£262.5K	02/21	0.88 mi	10, Wincanton Close, Nailsea, Bristol, North Somerset BS48 2SR	£4,773	55	2	Terraced House
£235K	04/21	0.89 mi	98, Old Church Road, Nailsea, Bristol, North Somerset BS48 4ND	£3,790	62	2	Semi-Detached House
£305K	09/22	0.9 mi	7, Corfe Close, Nailsea, Bristol, North Somerset BS48 2QN	£5,865	52	2	Semi-Detached House
£270K	09/21	0.93 mi	3, Amberley Gardens, Nailsea, Bristol, North Somerset BS48 2HT	£4,154	65	2	Terraced House
£265K	08/21	0.95 mi	67, Mizzymead Rise, Nailsea, Bristol, North Somerset BS48 2JN	£4,274	62	2	Semi-Detached House
£225K	03/21	0.96 mi	12, Beaufort Gardens, Nailsea, Bristol, North Somerset BS48 2HU	£3,462	65	2	Terraced House
£245K	06/21	0.96 mi	7, Beaufort Gardens, Nailsea, Bristol, North Somerset BS48 2HU	£4,012	61	2	Terraced House
£295K	10/22	0.98 mi	8, Farmhouse Close, Nailsea, Bristol, North Somerset BS48 2HD	£5,086	58	2	Terraced House
£250K	12/21	0.98 mi	12, Farmhouse Close, Nailsea, Bristol, North Somerset BS48 2HD	-	-	2	Semi-Detached House
£323K	12/20	0.99 mi	32, Valley Gardens, Nailsea, Bristol, Avon BS48 2JD	£5,295	61	2	Semi-Detached House

Local Rents

50 rents from £725/mo to £2K/mo, average is £1.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	07/23	0.01 mi	-	3	Semi-Detached House
£1,450	07/23	0.13 mi	-	3	Terraced House
£1,475	12/24	0.48 mi	Avening Close, Nailsea, Bristol, BS48	3	Bungalow
£1,600	04/24	0.63 mi	Moodys Leigh, Backwell, Bristol	3	Detached House
£1,900	12/24	0.74 mi	Bude Close, Nailsea, Bristol, BS48	4	Detached House
£1,550	02/25	0.75 mi	-	2	Terraced House
£2,050	04/24	0.76 mi	Bude Close, Nailsea, Bristol, BS48	4	Detached House
£1,300	12/24	0.8 mi	Blandford Close, Nailsea, North Somerset, BS48	3	Terraced House
£1,200	04/24	0.81 mi	Blandford Close, Nailsea, Bristol, BS48	3	Terraced House
£1,350	04/25	0.81 mi	-	3	Terraced House
£1,300	06/23	0.84 mi	-	3	Semi-Detached House
£1,100	12/24	0.85 mi	Nailsea, North Somerset	2	Terraced House
£1,100	04/24	0.86 mi	Dorchester Close, Nailsea, Bristol	3	Flat
£1,600	12/24	0.93 mi	Withy Wood Place, Nailsea, Bristol, Somerset, BS48	3	Semi-Detached House
£995	12/24	0.94 mi	Somerset Square, Crown Glass Shopping Centre, Nailsea	1	Flat
£1,800	03/24	1.01 mi	Barns Close, Nailsea, North Somerset, BS48	4	Detached House
£900	03/24	1.04 mi	High Street, Nailsea, Bristol	1	Flat
£950	03/24	1.05 mi	High Street, Nailsea, Bristol	1	Flat
£1,600	03/24	1.05 mi	Glassworks Mews, BS48	3	Terraced House
£875	03/24	1.06 mi	High Street, Nailsea, North Somerset, BS48	1	Flat
£1,300	12/24	1.11 mi	Woodview Terrace, Nailsea, Bristol, BS48 1AT	3	Terraced House
£1,295	12/24	1.15 mi	Nailsea, North Somerset	2	Semi-Detached House
£1,900	03/24	1.16 mi	Green Pastures Road, Nailsea, Bristol, BS48	4	Detached House
£1,100	12/24	1.16 mi	Goss Lane, BS48	2	Flat
£1,800	03/24	1.17 mi	Allington Gardens, Nailsea, North Somerset	4	Flat
£1,795	05/24	1.2 mi	-	3	Detached House
£1,295	12/24	1.23 mi	French Close, Nailsea	3	Semi-Detached House
£1,950	12/24	1.24 mi	The Stables, Upper Meadow	4	Flat
£1,150	03/24	1.26 mi	Eastway Square, Nailsea, North Somerset, BS48	3	Terraced House
£895	02/23	1.27 mi	-	2	Flat
£950	02/24	1.27 mi	-	2	Flat
£790	04/23	1.27 mi	-	1	Flat
£895	03/25	1.27 mi	-	1	Flat
£725	12/24	1.28 mi	Woodhill Views, Nailsea, North Somerset, BS48	1	Flat
£850	12/24	1.28 mi	Woodhill Views, Nailsea, Bristol, BS48	1	Flat
£1,650	04/24	1.29 mi	Beechwood Road, Nailsea, North Somerset, BS48	3	Bungalow
£1,500	03/24	1.3 mi	Beechwood Road, Nailsea, Bristol, Somerset, BS48	3	Flat
£1,500	12/24	1.3 mi	Engine Lane, Nailsea, Bristol, BS48	3	Detached House
£900	04/24	1.32 mi	-	1	Flat
£1,250	12/24	1.32 mi	Clevedon Road, Nailsea, North Somerset, BS48	2	Bungalow
£1,350	04/24	1.33 mi	Milton Close, Nailsea, North Somerset, BS48	3	Flat
£995	03/24	1.33 mi	Coates House, 4 High Street, Nailsea, BS48	2	Flat
£1,300	12/24	1.36 mi	Fosse Way, Nailsea, North Somerset, BS48	3	Semi-Detached House
£750	12/24	1.37 mi	A superb studio apartment at Avalon House	1	Flat
£1,600	03/24	1.39 mi	Greenfield Crescent, Nailsea, Bristol	3	Terraced House
£1,375	09/23	1.41 mi	-	3	Semi-Detached House
£1,400	03/24	1.47 mi	-	2	Detached House
£1,500	03/24	1.47 mi	Causeway View, Nailsea, Bristol, BS48	2	Detached House
£1,400	03/24	1.47 mi	Causeway View, Nailsea, Bristol, BS48	2	Detached House
£1,350	02/24	1.5 mi	-	3	Semi-Detached House

Local Area Statistics

Population in BS48	23,19123,191
Population in Bristol	795,432795,432
Town centre distance	7.78 miles away7.78 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.03 miles away0.03 miles away

Rental growth (12m)	-3%-3%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+17%+17%

Property History

Listed for £250,000

February 21, 2025

Floor Plans

Description

Cul-de-sac location +
Popular village of Backwell +
Close to excellent transport links +
Low maintenance garden +
Parking +
Viewing recommended +

A two double bedroom house situated in the desirable village of Backwell. The property offers an entrance hall, a fitted kitchen with room for a bistro table, a lounge room with a door into the fully enclosed low maintenance rear garden, upstairs there is a spacious master bedroom a further double bedroom and a bathroom. The house further benefits from off street parking. Viewing is highly recommended. EPC:D

Agent Details

West Coast Properties, Nailsea

01275 402880

Next Steps?

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

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