3 Bed Semi-Detached House, Refurb/BRRR, Bristol, BS15 8AU, £325,000

Avening Road, Kingswood, Bristol, BS15 8AU - 1 views - 2 months ago

Refurb/BRRR
ROI: 2%
~93 m²
+14 photos

ValuationOvervalued

Sold Prices£180K - £415K
Sold Prices/m²£2.4K/m² - £5.1K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£307,239

 

 

End Value (After Refurb)

£321,297

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Refurb Costs

£38,000

Bridging Loan Interest

£8,531

Total Cash In

£150,731

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£321,297

Mortgage (After Refinance)

£240,973

Mortgage LTV

75%

Cash Left In

£150,731

Equity

£80,324

Rent Range

£1,200 - £3,000

Rent Estimate

£1,660

Running Costs/mo

£1,356

Cashflow/mo

£304

Cashflow/yr

£3,647

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £180K to £415K, average is £291.1K. £2.4K/m² to £5.1K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£265K06/230.01 mi20, Avening Road, Bristol, City Of Bristol BS15 8AU3
£260K07/210.02 mi32, Bourne Road, Bristol, City Of Bristol BS15 8AX3
£250K06/210.05 mi173, Hillside Road, Bristol, City Of Bristol BS5 7PP3
£235K01/210.07 mi130, Hillside Road, Bristol, City Of Bristol BS5 7PR3
£315K12/200.07 mi174, Hillside Road, Bristol, City Of Bristol BS5 7PR3
£280K05/210.07 mi136, Hillside Road, Bristol, City Of Bristol BS5 7PR3
£360K08/210.07 mi19, Bourne Close, Bristol, City Of Bristol BS15 8AY3
£285K12/220.08 mi55, Hillburn Road, Bristol, City Of Bristol BS5 7PN3
£303K06/210.09 mi94b, Hillside Road, Bristol, City Of Bristol BS5 7PF3
£364K01/230.1 mi23, Tetbury Road, Bristol, City Of Bristol BS15 8AS3
£278K11/200.11 mi50, Queen Street, Kingswood, Bristol, City Of Bristol BS15 8AZ3
£303K06/210.12 mi94b, Hillside Road, Bristol, City Of Bristol BS5 7PF3
£283.7K06/210.13 mi224, Hillside Road, Bristol, City Of Bristol BS5 7PS3
£345K05/230.14 mi3, Gillard Road, Bristol, City Of Bristol BS15 8AR3
£315K03/210.15 mi70, Two Mile Hill Road, Bristol, City Of Bristol BS15 1BW3
£345K06/210.15 mi72, Two Mile Hill Road, Bristol, City Of Bristol BS15 1BW3
£335K12/220.16 mi31, Brockhurst Gardens, Bristol, City Of Bristol BS15 1BX3
£276K12/200.19 mi26, Brockhurst Gardens, Bristol, City Of Bristol BS15 1BU3
£277K04/230.19 mi28, Marion Walk, Bristol, City Of Bristol BS5 8LL3
£330K07/230.21 mi17, Headford Avenue, St George, Bristol, City Of Bristol BS5 8PD3
£260K01/230.22 mi12, Glen Park, St George, Bristol, City Of Bristol BS5 7ND3
£275K04/210.23 mi94, Air Balloon Road, Bristol, City Of Bristol BS5 8LF3
£245K05/210.23 mi29, Rodney Road, Bristol, City Of Bristol BS15 1EG3
£310K09/210.24 mi71, Bell Hill Road, Bristol, City Of Bristol BS5 7LY3
£290K03/210.24 mi29, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£290K03/210.24 mi29, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£340K03/230.24 mi31, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£290K03/210.24 mi29, Freshland Way, Bristol, City Of Bristol BS15 1DD3
£337.5K06/210.25 mi75, Kingsway Avenue, St George, Bristol, City Of Bristol BS5 7PY3
£320K02/210.25 mi42, Nags Head Hill, Bristol, City Of Bristol BS5 8LW3
£270K09/210.25 mi29, Northfield Road, Bristol, City Of Bristol BS5 8PA3
£260K04/230.25 mi7, Burchells Green Road, Bristol, City Of Bristol BS15 1DT3
£275K08/210.26 mi46, Burchells Green Road, Bristol, City Of Bristol BS15 1DS3
£229.9K11/200.27 mi18, Northfield Road, Bristol, City Of Bristol BS5 8PB3
£400K03/230.27 mi7, Troopers Hill Road, Bristol, City Of Bristol BS5 8BU3
£252.5K02/210.27 mi15, Troopers Hill Road, Bristol, City Of Bristol BS5 8BU3
£295K05/230.27 mi21, Troopers Hill Road, Bristol, City Of Bristol BS5 8BU3
£180K11/200.27 mi24, Hilltop Gardens, St George, Bristol, City Of Bristol BS5 8LG3
£255K10/200.27 mi29, Hilltop Gardens, St George, Bristol, City Of Bristol BS5 8LG3
£327K03/210.27 mi31, Hilltop Gardens, St George, Bristol, City Of Bristol BS5 8LG3
£279K03/210.28 mi8, Rodney Avenue, Bristol, City Of Bristol BS15 1EQ3
£292.3K04/210.28 mi35, Westmead Road, Bristol, City Of Bristol BS5 8NY3
£300K11/200.28 mi1, Westmead Road, St George, Bristol, City Of Bristol BS5 8NY3
£415K11/220.28 mi105, Kingsway, St George, Bristol, City Of Bristol BS5 8NH3
£390K08/230.29 mi22, Whiteway Close, Bristol, City Of Bristol BS5 7QZ3
£321K05/210.29 mi42, Troopers Hill Road, Bristol, City Of Bristol BS5 8BT3
£325K09/210.3 mi214a, Kingsway, St George, Bristol, City Of Bristol BS5 8NX3
£353K10/210.3 mi34, Staplegrove Crescent, Bristol, City Of Bristol BS5 8QW3
£365K02/210.3 mi16, Staplegrove Crescent, Bristol, City Of Bristol BS5 8QW3
£210K04/210.3 mi36, Burchells Green Close, Bristol, City Of Bristol BS15 1DU3

Local Rents

40 rents from £1.2K/mo to £3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,60003/240.18 miMarion Walk, St George, Bristol, BS53
£3,00003/250.22 mi-3
£1,49503/250.22 mi-3
£1,34503/250.22 mi-3
£1,95012/240.22 mi-3
£1,59505/240.28 miStaplegrove Crescent, St George, Bristol3
£1,20004/250.28 mi-3
£1,75002/250.29 mi-3
£1,80005/240.32 miKingsway, St. George, Bristol3
£1,60005/240.33 miMarling Road, Bristol3
£1,95004/250.34 mi-3
£1,50004/240.36 miSherwood Road, Bristol3
£1,85004/250.38 mi-3
£1,70001/250.38 mi-3
£1,50001/250.4 mi-3
£1,45002/250.4 mi-3
£1,75001/250.4 mi-3
£1,50004/240.41 miCharlton Road, Kingswood, Bristol3
£1,40003/240.42 miCharlton Road, Bristol3
£1,60005/240.44 miFurber Road, St George3
£1,60003/240.44 mi-3
£1,60003/240.44 miKennard Road, Bristol, BS153
£1,50004/240.44 miKennard Road, Bristol, BS153
£1,20002/240.47 mi-3
£1,60003/240.48 miBryants Hill, Kingswood, Bristol, BS53
£1,55004/240.49 miNibletts Hill, St George3
£1,65001/250.5 mi-3
£1,65002/240.5 mi-3
£2,31004/240.55 miWoodside Road, Kingswood, Bristol, BS153
£1,40004/240.56 miDundridge Gardens, St George3
£1,75001/250.56 mi-3
£1,70003/240.58 mi-3
£1,70003/250.58 mi-3
£1,70003/240.58 miSpeedwell Road, Bristol, BS53
£1,60004/240.59 miDundridge Lane, St George, Bristol3
£2,00003/240.6 mi-3
£2,00003/240.6 miDundridge Lane, Bristol, BS53
£1,65012/240.61 mi-3
£1,50012/240.62 mi-3
£1,50004/240.62 miBroad Road, Bristol, BS153

Local Area Statistics

Population in BS15

47,398

Population in Bristol

795,432

Town centre distance

2.83 miles away

Nearest school

0.20 miles away

Nearest train station

1.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £325,000

February 26, 2025

Floor Plans

Description

  • THREE BEDROOMS +
  • LIVING ROOM & KITCHEN BREAKFAST ROOM +
  • UTILITY ROOM & GROUND FLOOR CLOAKROOM +
  • 1ST FLOOR BATHROOM +
  • ENCLOSED REAR GARDEN +
  • DRIVEWAY PARKING & GARAGE WITH POWER & LIGHT +
  • GAS CENTRAL HEATING & DOUBLE GLAZING +

This 1930's property would make the perfect family home and is sold with No Onward Chain

Set back from the road with gated driveway parking, this property requires some modernisation but has been lovingly cared for by the current owners.

On the ground floor you will find a porch taking you through to a welcoming hall providing access
to the living room and kitchen which has a good selection of wall and base units with space for appliances. Off the kitchen is a lobby with a cloakroom and utility room and a door to access the garage and rear garden.

Upstairs the landing provides access to two well-proportioned bedrooms, each offering generous space and natural light, a single bedroom perfect for an office or guest room along with a family bathroom.

Outside the North Westerly facing garden is a perfect retreat for relaxing or entertaining with a patio and lawned area.

Avening Road is well placed to access Kingswood High Street with all the shops and amenities on offer as well as Hanham High Street. There are good bus routes along the Kingsway and a good range of schools and nurseries nearby.

Agent Details

CJ Hole, Kingswood

0117 463 6230

Next Steps?

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