2 Bed Terraced House, Refurb/BRRR, Bristol, BS16 6US, £275,000

57 Westerleigh Road, Downend, Bristol, BS16 6US - 1 views - 2 months ago

Sold STC
Refurb/BRRR
Planning
ROI: 1%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£220K - £500K
Sold Prices/m²£2.8K/m² - £7.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£280,958
BMV2%

 

 

End Value (After Refurb)

£279,125

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Refurb Costs

£27,600

Bridging Loan Interest

£7,219

Total Cash In

£116,019

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£279,125

Mortgage (After Refinance)

£209,344

Mortgage LTV

75%

Cash Released

£3,094

Cash Left In

£112,925

Equity

£69,781

Rent Range

£950 - £1,350

Rent Estimate

£1,223

Running Costs/mo

£1,137

Cashflow/mo

£86

Cashflow/yr

£1,034

ROI

1%

Gross Yield

5%

Local Sold Prices

41 sold prices from £220K to £500K, average is £272K. £2.8K/m² to £7.1K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£315K06/230.07 mi118, Westerleigh Road, Bristol, South Gloucestershire BS16 6UX2
£265.5K05/230.19 mi103, Westerleigh Road, Bristol, South Gloucestershire BS16 6UB2
£370K04/210.36 mi20, Boscombe Crescent, Bristol, South Gloucestershire BS16 6QH2
£450K05/230.38 mi5, Leap Vale, Bristol, South Gloucestershire BS16 6TG2
£265K07/210.43 mi121, Northcote Road, Downend, Bristol, South Gloucestershire BS16 6AT2
£235K04/210.48 mi17, Bromfield Walk, Emersons Green, Bristol, South Gloucestershire BS16 7AW2
£262.5K01/210.52 mi82, Bye Mead, Emersons Green, Bristol, South Gloucestershire BS16 7DQ2
£440K11/220.53 mi16, Sandringham Avenue, Bristol, South Gloucestershire BS16 6NL2
£315K03/230.53 mi94, Westons Hill Drive, Emersons Green, Bristol, South Gloucestershire BS16 7DN2
£265K06/210.55 mi38, Thomas Avenue, Emersons Green, Bristol, South Gloucestershire BS16 7TA2
£232.5K05/210.55 mi12, Epsom Close, Bristol, South Gloucestershire BS16 6ST2
£220K04/230.56 mi6, Northcote Road, Mangotsfield, Bristol, South Gloucestershire BS16 9HF2
£250K01/210.57 mi85, Adderly Gate, Emersons Green, Bristol, South Gloucestershire BS16 7DR2
£500K12/210.57 mi2, Sandholme Close, Bristol, South Gloucestershire BS16 6NN2
£285K01/210.59 mi21, Buckingham Gardens, Bristol, South Gloucestershire BS16 5TW2
£346.5K06/210.59 mi20, Buckingham Gardens, Bristol, South Gloucestershire BS16 5TW2
£228.5K02/210.59 mi10, Emet Lane, Emersons Green, Bristol, South Gloucestershire BS16 7BX2
£287K06/210.63 mi112, Westons Brake, Emersons Green, Bristol, South Gloucestershire BS16 7BP2
£270K08/210.67 mi81, Colliers Break, Emersons Green, Bristol, South Gloucestershire BS16 7EB2
£270K05/210.67 mi55, Rushy Way, Emersons Green, Bristol, South Gloucestershire BS16 7ER2
£350K12/200.68 mi2, Heath Court, Bristol, South Gloucestershire BS16 6HG2
£270K06/230.69 mi70, Aintree Drive, Bristol, South Gloucestershire BS16 6SY2
£295K06/230.7 mi11, St James Street, Mangotsfield, Bristol, South Gloucestershire BS16 9HD2
£280K06/230.72 mi40, Bromley Heath Avenue, Bristol, South Gloucestershire BS16 6JP2
£222.4K11/200.75 mi34, Almond Way, Bristol, South Gloucestershire BS16 5QN2
£280K06/230.75 mi12, Almond Way, Bristol, South Gloucestershire BS16 5QN2
£268K06/210.75 mi18, Salisbury Gardens, Bristol, South Gloucestershire BS16 5RE2
£310K04/210.75 mi58, Salisbury Gardens, Bristol, South Gloucestershire BS16 5RE2
£285K04/230.75 mi10, Salisbury Gardens, Bristol, South Gloucestershire BS16 5RE2
£232K12/200.77 mi15, Goodwood Gardens, Bristol, South Gloucestershire BS16 6SH2
£228K02/210.84 mi7, Corinum Close, Emersons Green, Bristol, South Gloucestershire BS16 7HW2
£247.5K11/200.84 mi5, Corinum Close, Emersons Green, Bristol, South Gloucestershire BS16 7HW2
£227.6K01/210.84 mi6, Corinum Close, Emersons Green, Bristol, South Gloucestershire BS16 7HW2
£280K05/230.84 mi12, Corinum Close, Emersons Green, Bristol, South Gloucestershire BS16 7HW2
£230K02/210.84 mi9, Corinum Close, Emersons Green, Bristol, South Gloucestershire BS16 7HW2
£320K05/230.87 mi3, Dial Lane, Bristol, South Gloucestershire BS16 5UH2
£275K02/210.9 mi23, Christchurch Avenue, Downend, Bristol, South Gloucestershire BS16 5TG2
£305K02/210.9 mi5, Christchurch Avenue, Downend, Bristol, South Gloucestershire BS16 5TG2
£220K01/210.9 mi4, Heathcote Road, Staple Hill, Bristol, South Gloucestershire BS16 5SS2
£272K09/210.93 mi6, Clarence Gardens, Bristol, South Gloucestershire BS16 5SR2
£360K01/230.98 mi12, Fern Road, Bristol, South Gloucestershire BS16 5TD2

Local Rents

15 rents from £950/mo to £1.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,35003/240.12 miBoscombe Crescent, Bristol, BS162
£1,35003/240.12 mi-2
£1,05003/240.28 miBlackhorse Close, Emersons Green2
£1,20004/240.42 miEmet Grove, Emersons Green, Bristol2
£1,30011/240.42 mi-2
£1,20003/240.42 miEmet Grove, Emersons Green, Bristol2
£1,20003/240.42 miEmet Grove, Emersons Green, Bristol2
£1,20012/240.42 miEmet Grove, Emersons Green, Bristol2
£1,35012/240.51 miYoungs Court, Emersons Green, BRISTOL2
£1,20003/240.52 miBye Mead, Emersons Green, BRISTOL, BS162
£1,30003/240.52 miBye Mead, Emersons Green, BRISTOL, BS162
£1,20012/240.56 miMadison Court- Downend2
£1,20003/240.58 miWestons Hill Drive, Emersons Green, Bristol, BS16 7DF2
£1,30003/240.58 miSalisbury Park, Bristol2
£95003/240.61 miBadminton Road Downend Bristol.2

Local Area Statistics

Population in BS16

75,691

Population in Bristol

795,432

Town centre distance

4.57 miles away

Nearest school

0.20 miles away

Nearest train station

2.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £275,000

February 27, 2025

Floor Plans

Description

  • End of terrace property +
  • Offered with no onward chain +
  • Located conveniently for amenities & commuting routes +
  • 2 double bedrooms +
  • Lounge, kitchen/diner & conservatory +
  • Gas central heating & double glazed windows +
  • Off street parking +
  • Front, side & rear gardens +

An end of terrace property requiring some modernisation and offered for sale with no onward chain. The property is conveniently located for amenities and major commuting routes. The accommodation comprises; lounge, kitchen/diner, conservatory, shower room & 2 double bedrooms. Other benefits include; gas c/h, d/glazing, front, side & rear gardens and off street parking.

Description - Hunters Estate Agents are pleased to offer for sale with no onward chain this end of terrace property which is conveniently located for access onto the Avon ring road, for major commuting routes and for the Bristol cycle path. The property is also situated within easy reach for many popular schools and for the amenities of Downend and Emersons Green.
The amenities include a wide variety of independent shops and supermarkets, restaurants, coffee shops, libraries, doctors surgeries and dental practices.
The property does require some modernisation and in our opinion would ideally suit a first time buyer looking to put their own stamp on to a property.
The accommodation comprises to the ground floor; entrance hall, a lounge with a gas flame effect fire, a kitchen/diner with an integral oven and a conservatory. To the first floor there are two double bedrooms and a shower room.
Externally the property has front, side and rear gardens which are laid mainly to lawn and paving and off street parking. The side garden presents an excellent opportunity to extend the property, subject to the relevant planning permission.
Additional benefits include; gas central heating and double glazed windows.
An internal viewing appointment is recommended.

Entrance - Via a uPVC door leading into an entrance hall.

Entrance Hall - Opaque and leaded uPVC double glazed window to side, cupboard housing, gas and electric meters and consumer unit, stairs leading to first floor accommodation, door leading into lounge and archway leading into kitchen/diner.

Lounge - 4.72m x 3.18m (15'6" x 10'5") - Leaded uPVC double glazed window to front, coved ceiling, fireplace housing a gas flame effect fire, TV aerial point, radiator.

Kitchen/Diner - 4.72m x 2.97m (widest point) (15'6" x 9'9" (widest - Double glazed windows to rear, coved ceiling, stainless steel one and a half bowl sink drainer with chrome mixer tap and tiled splash backs, range of fitted wall and base units incorporating a stainless steel integral electric oven with four bedroom gas hob with extractor fan over, roll edged work surface with up stand, plumbing for washing machine, radiator, French doors leading into conservatory.

Conservatory - 2.92m x 2.77m (9'7" x 9'1") - Dual aspect uPVC double glazed windows, polycarbonate roof, radiator, tiled floor.

First Floor Accommodation -

Landing - Loft access, cupboard housing a boiler supplying gas central heating and domestic hot water, telephone point, doors leading into all first floor rooms.

Bedroom One - 3.66m x 3.20m (12'0" x 10'6") - Leaded uPVC double glazed window to front, coved ceiling, built in sliding mirror fronted wardrobes, telephone point, radiator.

Bedroom Two - 3.05m x 2.74m (10'0" x 9'0") - uPVC double glazed window to rear , built in wardrobes with over head storage cupboards, radiator.

Shower Room - 1.75m x 1.63m (5'9" x 5'4") - Opaque uPVC double glazed window to rear, coved ceiling, white suite comprising; W.C. wash hand basin with chrome mixer tap and walk-in shower with a chrome shower system, radiator, tiled walls.

Outside -

Front Garden - Small area of lawn with established herbaceous borders displaying mature trees and shrubs, paved path leading to main entrance.

Side Garden - Mainly laid to lawn and loose chippings with established herbaceous borders displaying mature trees and shrubs. An area laid to paving providing one off street parking space, gate leading into rear garden.

Rear Garden - Mainly laid to paving and loose shingle, brick built outhouses, garden surrounded by a boundary wall.

Agent Details

Hunters, Downend

0117 463 9665

Next Steps?

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