4 Bed Semi-Detached House, Refurb/BRRR, Bristol, BS15 3JD, £400,000

Memorial Road, Hanham, Bristol, BS15 3JD - a month ago

Sold STC
Refurb/BRRR
~129 m²
+17 photos

ValuationUndervalued

Sold Prices£240K - £730K
Sold Prices/m²£2.6K/m² - £6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.1K/m²

Value Estimate

£412,000
BMV3%

 

 

End Value (After Refurb)

£466,570

Uplift in Value

+17%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Refurb Costs

£52,815

Bridging Loan Interest

£10,500

Total Cash In

£185,765

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£466,570

Mortgage (After Refinance)

£349,928

Mortgage LTV

75%

Cash Released

£49,928

Cash Left In

£135,837

Equity

£116,643

Rent Range

£1,400 - £1,800

Rent Estimate

£1,543

Running Costs/mo

£1,787

Cashflow/mo

£-244

Cashflow/yr

£-2,924

Gross Yield

5%

Local Sold Prices

50 sold prices from £240K to £730K, average is £450K. £2.6K/m² to £6K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£365K02/210.06 mi13, Monkton Road, Bristol, South Gloucestershire BS15 3JF4
£478.5K05/210.12 mi50, Memorial Road, Bristol, South Gloucestershire BS15 3JW4
£343K03/210.15 mi22a, Memorial Road, Hanham, Bristol, South Gloucestershire BS15 3JA4
£470K09/210.2 mi3, Churchward Close, Hanham, Bristol, South Gloucestershire BS15 3HT4
£405K04/220.24 mi1b, Ansteys Road, Hanham, Bristol, South Gloucestershire BS15 3DX4
£312.5K06/210.24 mi1d, Ansteys Road, Hanham, Bristol, South Gloucestershire BS15 3DX4
£450K06/230.24 mi35, Jeffries Hill Bottom, Bristol, South Gloucestershire BS15 3BG4
£293K11/200.26 mi51, Jeffries Hill Bottom, Bristol, South Gloucestershire BS15 3BE4
£442.5K12/200.28 mi53, Dundridge Lane, Bristol, City Of Bristol BS5 8SL4
£500K01/230.28 mi53, Dundridge Lane, Bristol, City Of Bristol BS5 8SL4
£439K01/230.28 mi106, Memorial Road, Hanham, Bristol, South Gloucestershire BS15 3LB4
£502K03/230.32 mi112, Memorial Road, Hanham, Bristol, South Gloucestershire BS15 3LB4
£346K01/210.38 mi34, Marion Road, Bristol, South Gloucestershire BS15 3LF4
£550K06/230.38 mi1, Creswicke Avenue, Hanham, Bristol, South Gloucestershire BS15 3HB4
£380.6K11/200.42 mi1, Central Avenue, Bristol, South Gloucestershire BS15 3PG4
£475K01/230.42 mi50, Tudor Road, Hanham, Bristol, South Gloucestershire BS15 8SF4
£510K06/230.44 mi24, Grange Avenue, Hanham, Bristol, South Gloucestershire BS15 3PF4
£360K03/210.44 mi108, Whittucks Road, Hanham, Bristol, South Gloucestershire BS15 3PX4
£530K07/210.44 mi175, Whittucks Road, Bristol, South Gloucestershire BS15 3PY4
£525K02/230.49 mi27, Victoria Road, Hanham, Bristol, South Gloucestershire BS15 3QJ4
£485K09/210.53 mi44, The Meadows, Hanham, Bristol, South Gloucestershire BS15 3PA4
£533K01/230.53 mi50, The Meadows, Hanham, Bristol, South Gloucestershire BS15 3PA4
£450K12/200.53 mi31, Gover Road, Hanham, Bristol, South Gloucestershire BS15 3JZ4
£730K10/220.55 miGlenbrook, Magpie Bottom Lane, Kingswood, Bristol, South Gloucestershire BS15 8HD4
£419.3K12/220.55 mi6, Common Road, Hanham, Bristol, South Gloucestershire BS15 3LJ4
£407.5K06/210.55 mi10, Common Road, Bristol, South Gloucestershire BS15 3LJ4
£353K03/210.57 mi4, Footshill Close, Bristol, South Gloucestershire BS15 8HG4
£407K03/210.59 mi54, The Meadows, Hanham, Bristol, South Gloucestershire BS15 3PB4
£550K06/210.59 mi34, Abbots Road, Hanham, Bristol, South Gloucestershire BS15 3NG4
£447.3K03/210.62 mi43, Nibletts Hill, Bristol, City Of Bristol BS5 8TP4
£362.5K02/210.66 mi71, Robertson Drive, St Annes Park, Bristol, City Of Bristol BS4 4RG4
£525K06/210.66 mi10, New Brunswick Avenue, Bristol, City Of Bristol BS5 8PW4
£420K04/220.66 mi94, Robertson Drive, St Annes Park, Bristol, City Of Bristol BS4 4RG4
£450.5K03/210.69 mi25a, Greenbank Road, Hanham, Bristol, South Gloucestershire BS15 3RZ4
£560K08/210.73 mi85, Fir Tree Lane, Bristol, City Of Bristol BS5 8BJ4
£470K01/210.75 mi14, Bickley Close, Hanham, Bristol, South Gloucestershire BS15 3TB4
£575K03/210.75 mi16, Bickley Close, Hanham, Bristol, South Gloucestershire BS15 3TB4
£495K06/210.75 mi11, Bickley Close, Bristol, South Gloucestershire BS15 3TB4
£305K10/220.75 mi6, Headford Avenue, St George, Bristol, City Of Bristol BS5 8PF4
£480K01/210.76 mi3, Cottage Gardens, Bristol, City Of Bristol BS5 8SA4
£240K10/210.76 mi103, Capgrave Crescent, Bristol, City Of Bristol BS4 4TN4
£640K11/220.77 mi27, De Verose Court, Hanham, Bristol, South Gloucestershire BS15 3SW4
£448K04/210.77 mi2, Deverose Court, Bristol, Avon BS15 3SW4
£485.5K10/200.77 mi27, De Verose Court, Hanham, Bristol, South Gloucestershire BS15 3SW4
£435K03/210.77 mi40, Nags Head Hill, Bristol, City Of Bristol BS5 8LW4
£365K12/200.79 mi114, Mount Hill Road, Bristol, South Gloucestershire BS15 8QR4
£338K07/230.83 mi15, St Davids Crescent, Bristol, City Of Bristol BS4 4BY4
£522.5K11/200.84 mi26, Colthurst Drive, Hanham, Bristol, South Gloucestershire BS15 3SG4
£490K03/210.85 mi34, Tyler Close, Bristol, South Gloucestershire BS15 9NG4
£450K01/210.85 mi39, Tyler Close, Hanham, Bristol, South Gloucestershire BS15 9NG4

Local Rents

14 rents from £1.4K/mo to £1.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,80001/250.12 mi-3
£1,49501/250.31 mi-3
£1,60002/250.31 mi-3
£1,40005/240.33 miDundridge Lane, St George3
£1,65004/240.34 miGays Road, Hanham3
£1,65012/240.34 miGays Road, Hanham3
£1,50004/240.36 miCreswicke Avenue, Hanham, Bristol3
£1,40004/240.38 miHigh Street, Hanham, Bristol3
£1,50004/240.41 mi1 Avonview, BRISTOL3
£1,40004/240.43 miTudor Road, Hanham, Bristol, BS153
£1,60003/240.48 miBryants Hill, Kingswood, Bristol, BS53
£1,60004/240.5 miDundridge Lane, St George, Bristol3
£1,60005/240.55 miFurber Road, St George3
£1,40004/240.59 miDundridge Gardens, St George3

Local Area Statistics

Population in BS15

47,398

Population in Bristol

795,432

Town centre distance

3.39 miles away

Nearest school

0.20 miles away

Nearest train station

2.02 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £400,000

February 22, 2025

Floor Plans

Description

  • NO CHAIN +
  • THREE/FOUR BEDROOMS +
  • BAY FRONTED +
  • SEPARATE GROUND FLOOR EXTENSION +
  • MATURE REAR GARDEN +

Being sold with no chain, a double bay-fronted 1930's semi-detached property offers a fantastic opportunity for those looking to create their dream home.

In the same ownership since 1978 this home provides a larger than average versatile living space with a ground floor extension to the side, accessed separately from the rear, modernisation throughout, but does require updating, with some period features making it an exciting project for the right buyer.

Upon entering, a large and welcoming porch leads into the hallway, from which you can access the open-plan living and dining room. The two rooms have been opened up, creating a bright and spacious area perfect for relaxing or entertaining. The kitchen, while in need of updating, provides direct access to the rear garden, where you’ll also find the extension. This additional space offers a separate reception area, a utility room, and a convenient W.C., adding practicality to the property.

Upstairs, there are two well-sized double bedrooms, including the main bedroom with its charming bay window, along with a comfortable single bedroom and a family bathroom. Externally, the generously proportioned rear garden is laid to patio and lawn with mature shrubs, creating a private outdoor space to enjoy. A garage at the rear, accessed via a lane, provides useful storage or parking.

The location is ideal, close to Avon valley woodland, with Hanham High Street just a short distance away, along with Gallagher Retail Park and the A4174 Ring Road, ensuring excellent transport links and amenities. Families will appreciate the nearby OFSTED Good-rated schools, including Samuel White's Infant School, Christ Church Hanham CofE Primary School, and Hanham Woods Academy.

Agent Details

CJ Hole, Kingswood

0117 463 6230

Next Steps?

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