3 Bed Terraced House, Refurb/BRRR, Bristol, BS15 4BJ, £230,000

Southfield Avenue, Bristol, Gloucestershire, BS15 4BJ - 3 views - 25 days ago

Auction
Refurb/BRRR
ROI: 4%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£210K - £460K
Sold Prices/m²£2.5K/m² - £5.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£236,900
BMV3%

 

 

End Value (After Refurb)

£285,341

Uplift in Value

+24%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Refurb Costs

£38,000

Bridging Loan Interest

£6,038

Total Cash In

£111,388

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£285,341

Mortgage (After Refinance)

£214,006

Mortgage LTV

75%

Cash Released

£41,506

Cash Left In

£69,882

Equity

£71,335

Rent Range

£1,200 - £2,310

Rent Estimate

£1,627

Running Costs/mo

£1,237

Cashflow/mo

£390

Cashflow/yr

£4,679

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £210K to £460K, average is £282.5K. £2.5K/m² to £5.3K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£360K03/230.01 mi1, Southfield Avenue, Bristol, South Gloucestershire BS15 4BH3
£213K07/210.04 mi29, Southey Avenue, Bristol, South Gloucestershire BS15 1QT3
£300K03/230.09 mi27, Elmtree Way, Bristol, South Gloucestershire BS15 1QR3
£275K09/210.11 mi28, Church Road, Kingswood, Bristol, Avon BS15 4AZ3
£230K05/210.13 mi13, Elmtree Way, Bristol, South Gloucestershire BS15 1QS3
£315K05/230.13 mi3, Church Road, Kingswood, Bristol, South Gloucestershire BS15 4AU3
£260K02/210.14 mi10, Trinity Court, Kingswood, Bristol, South Gloucestershire BS15 4FG3
£235K11/200.17 mi24, Gilbert Road, Kingswood, Bristol, South Gloucestershire BS15 1RE3
£250K08/210.19 mi166, Pound Road, Bristol, South Gloucestershire BS15 4QS3
£288.5K06/230.19 mi109, Alma Road, Kingswood, Bristol, South Gloucestershire BS15 4EG3
£305K05/230.19 mi113, Alma Road, Kingswood, Bristol, South Gloucestershire BS15 4EG3
£215K12/200.2 mi44, New Cheltenham Road, Bristol, South Gloucestershire BS15 1TL3
£300K11/210.21 mi52, Syston Way, Bristol, South Gloucestershire BS15 1UJ3
£235K11/200.23 mi15, Kimberley Road, Bristol, South Gloucestershire BS15 1RG3
£235K04/210.24 mi21, Worcester Road, Kingswood, Bristol, South Gloucestershire BS15 1RN3
£385.5K06/230.25 mi2, Northend Avenue, Bristol, South Gloucestershire BS15 1UD3
£335K03/230.25 mi7, Northend Avenue, Bristol, South Gloucestershire BS15 1UD3
£330K12/220.25 mi9, Northend Avenue, Bristol, South Gloucestershire BS15 1UD3
£258K12/200.25 mi5, Spring Hill, Kingswood, Bristol, South Gloucestershire BS15 1XY3
£223K06/230.25 mi8, Mulberry Close, Bristol, South Gloucestershire BS15 4EE3
£285K10/200.25 mi12, Mulberry Close, Bristol, South Gloucestershire BS15 4EE3
£290K01/230.25 mi2, Mulberry Close, Bristol, South Gloucestershire BS15 4EE3
£250K04/210.27 mi39, Neville Road, Bristol, South Gloucestershire BS15 1XX3
£280K01/210.27 mi29, Neville Road, Bristol, South Gloucestershire BS15 1XX3
£287K02/230.28 mi15, Laurel Street, Bristol, South Gloucestershire BS15 8NB3
£285K01/230.28 mi21, Spring Hill, Kingswood, Bristol, South Gloucestershire BS15 1XT3
£315K07/210.29 mi19, Downend Road, Kingswood, Bristol, South Gloucestershire BS15 1RT3
£210K07/210.29 mi3, Mulberry Drive, Bristol, South Gloucestershire BS15 4EA3
£285K11/200.29 mi47, Downend Road, Kingswood, Bristol, South Gloucestershire BS15 1SG3
£275K01/210.3 mi38, Hanham Road, Bristol, South Gloucestershire BS15 8PP3
£258K09/210.3 mi11, Blackthorn Walk, Bristol, South Gloucestershire BS15 1TZ3
£279.9K03/210.3 mi19, Blackthorn Walk, Bristol, South Gloucestershire BS15 1TZ3
£250K03/210.31 mi55, Downend Road, Kingswood, Bristol, South Gloucestershire BS15 1SN3
£218K10/210.32 mi29, Cotswold View, Kingswood, Bristol, South Gloucestershire BS15 1TY3
£302K07/230.32 mi43, Cotswold View, Kingswood, Bristol, South Gloucestershire BS15 1TY3
£251K09/210.32 mi71, Cotswold View, Kingswood, Bristol, South Gloucestershire BS15 1TY3
£305K07/230.33 mi16, Kennington Avenue, Kingswood, Bristol, South Gloucestershire BS15 1SH3
£287K09/210.33 mi26, Kents Green, Bristol, South Gloucestershire BS15 1XU3
£258K12/200.33 mi28, Kents Green, Bristol, South Gloucestershire BS15 1XU3
£218K02/230.33 mi54, Wesley Hill, Bristol, South Gloucestershire BS15 1TU3
£286K04/210.34 mi19, Nympsfield, Bristol, South Gloucestershire BS15 1XP3
£302K11/200.34 mi6, Tyndale Road, Bristol, South Gloucestershire BS15 4QH3
£261K06/230.34 mi3, Tyndale Road, Bristol, South Gloucestershire BS15 4QH3
£385K05/230.35 mi98, Spring Hill, Kingswood, Bristol, South Gloucestershire BS15 1XR3
£296K02/230.36 mi55, Witcombe Close, Bristol, South Gloucestershire BS15 4RX3
£242.8K07/210.36 mi3, Derrick Road, Bristol, South Gloucestershire BS15 8DS3
£460K07/220.36 mi2, Nympsfield, Bristol, South Gloucestershire BS15 1XP3
£355K03/230.36 mi10, Edward Road, Kingswood, Bristol, South Gloucestershire BS15 9TG3
£351K10/220.38 mi22, Chase Road, Bristol, South Gloucestershire BS15 1TS3
£274K12/200.38 mi6, Furzewood Road, Bristol, South Gloucestershire BS15 4HH3

Local Rents

23 rents from £1.2K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,55004/240.04 miSouthey Avenue, Kingswood, Bristol3
£1,50004/240.14 miNorth Park, Bristol3
£1,65003/240.17 miLondon Street, Kingswood3
£1,50002/250.2 mi-3
£1,20004/240.23 miFairlyn Drive, Kingswood, Bristol3
£1,30003/240.23 miSpring Hill, Kingswood, Bristol3
£1,70003/240.24 miHigh Street, Kingswood, Bristol3
£1,70004/240.33 miDownend Road- Kingswood3
£2,19503/250.33 mi-3
£1,75004/240.34 miDownend Road, Kingswood, Bristol3
£1,40002/240.36 mi-3
£1,59503/240.37 miSpring Hill, Kingswood, Bristol3
£1,60003/240.39 miHalls Road, Kingswood3
£1,60003/240.42 miSpring Hill, Kingswood3
£1,50012/240.47 mi-3
£1,50004/240.47 miBroad Road, Bristol, BS153
£1,55012/240.49 mi-3
£2,20003/240.5 miMoravian Road, Kingswood, Bristol, BS153
£1,40003/240.53 miCaddick Close, Bristol3
£1,55003/240.54 miClare Road, Kingswood3
£1,67503/240.54 miPembroke Road, Kingswood, Bristol3
£1,50003/240.56 miHolly Hill Road, Kingswood, Bristol, BS153
£2,31004/240.58 miWoodside Road, Kingswood, Bristol, BS153

Local Area Statistics

Population in BS15

47,398

Population in Bristol

795,432

Town centre distance

3.72 miles away

Nearest school

0.30 miles away

Nearest train station

2.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £230,000

February 26, 2025

Floor Plans

Description

  • 3 Bedrooms +
  • Modernisation Required +
  • Garden +
  • Double Garage +
  • Solar Panels +

* MODERNISATION / UPDATING REQUIRED *
This no chain property is ready to go for any new owner looking to update or modernise a property to their own taste. A double garage to the back of the garden for further scope and development subject to any planing permissions and solar panels that are fully owned by the current owner.

BS15 covers Kingswood, Warmley and Hanham which crosses over between Bristol City Council and South Gloucestershire. The area has a mix of rural and urban landscapes. The area has a number of local businesses, including several independent stores and a range of eateries, from pubs to restaurants. There are multiple schools within the area and has easy access into Bristol city centre with several bus routes connecting to the city centre.

The area is largely residential, with a mix of houses, apartments, and flats, to cater to all types of buyers and tenants. For recreation, there are a number of parks and green spaces, as well as the local Kingswood Bowling Club and the charity-run Kingswood Railway.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").

Interested parties’ personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Agent Details

Taylors Estate Agents, Kingswood

0117 463 8506

Next Steps?

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