2 Bed Flat, Single Let, Bristol, BS37 4LG, £185,000

Chargrove, Yate, Bristol, Gloucestershire, BS37 4LG - 1 views - a month ago

Leasehold
BTL
ROI: 4%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£129K - £300K
Sold Prices/m²£1.9K/m² - £4.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.7K/m²

Value Estimate

£207,380
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£10,450

Total Cash In

£56,700

 

 

Cash Out

 

Rent Range

£950 - £1,300

Rent Estimate

£983

Running Costs/mo

£795

Cashflow/mo

£188

Cashflow/yr

£2,259

ROI

4%

Gross Yield

6%

Local Sold Prices

33 sold prices from £129K to £300K, average is £187K. £1.9K/m² to £4.9K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£140K12/200.04 mi91, Chargrove, Yate, Bristol, South Gloucestershire BS37 4LQ2
£155K06/210.04 mi79, Chargrove, Yate, Bristol, South Gloucestershire BS37 4LQ2
£155K06/210.04 mi79, Chargrove, Yate, Bristol, South Gloucestershire BS37 4LQ2
£135K09/210.04 mi80, Chargrove, Yate, Bristol, South Gloucestershire BS37 4LQ2
£151K02/210.04 mi49, Chargrove, Yate, Bristol, South Gloucestershire BS37 4LQ2
£187.5K12/220.06 mi12, Chargrove, Yate, Bristol, South Gloucestershire BS37 4LG2
£132.5K06/210.08 mi54, Abbotswood, Yate, Bristol, Avon BS37 4NF2
£131K02/230.08 mi60, Abbotswood, Yate, Bristol, South Gloucestershire BS37 4NF2
£129K04/210.12 miFlat 20, Fountain Court, Abbotswood, Yate, Bristol, South Gloucestershire BS37 4NL2
£141K04/210.12 miFlat 6, Fountain Court, Abbotswood, Yate, Bristol, South Gloucestershire BS37 4NL2
£165K03/230.12 miFlat 2, Fountain Court, Abbotswood, Yate, Bristol, South Gloucestershire BS37 4NL2
£195K05/230.48 mi28a, Birkdale, Yate, Bristol, South Gloucestershire BS37 4EX2
£220K12/220.61 mi42, Blakeney Mills, Yate, Bristol, South Gloucestershire BS37 4XL2
£180K02/230.91 mi11, Gathorne Crescent, Yate, Bristol, South Gloucestershire BS37 5EN2
£148K10/200.97 mi84b, Cranleigh Court Road, Yate, Bristol, South Gloucestershire BS37 5DL2
£195K12/221.01 mi4, Chapel Orchard, Yate, Bristol, South Gloucestershire BS37 7PL2
£178K04/211.23 mi88, Canterbury Close, Yate, Bristol, South Gloucestershire BS37 5TY2
£178K04/211.23 mi78, Canterbury Close, Yate, Bristol, South Gloucestershire BS37 5TY2
£175K05/211.57 mi54, Hay Leaze, Yate, Bristol, South Gloucestershire BS37 7YJ2
£205K04/231.57 mi54, Hay Leaze, Yate, Bristol, South Gloucestershire BS37 7YJ2
£170K01/211.57 mi20, Hay Leaze, Yate, Bristol, South Gloucestershire BS37 7YJ2
£189.9K07/211.71 mi31, Smarts Green, Chipping Sodbury, Bristol, South Gloucestershire BS37 6EA2
£200K02/211.71 mi19, Smarts Green, Chipping Sodbury, Bristol, South Gloucestershire BS37 6EA2
£240K12/221.71 mi4, Batten Court, Chipping Sodbury, Bristol, South Gloucestershire BS37 6BL2
£210K10/201.74 mi25, Batten Court, Chipping Sodbury, Bristol, South Gloucestershire BS37 6BL2
£239K02/231.74 mi33, Batten Court, Chipping Sodbury, Bristol, South Gloucestershire BS37 6BL2
£235K02/211.74 mi21, Batten Court, Chipping Sodbury, Bristol, South Gloucestershire BS37 6BL2
£244K03/231.74 mi25, Batten Court, Chipping Sodbury, Bristol, South Gloucestershire BS37 6BL2
£187K02/211.83 mi45, Manor Way, Chipping Sodbury, Bristol, South Gloucestershire BS37 6NX2
£240K03/221.85 mi52c, The Causeway, Coalpit Heath, Bristol, South Gloucestershire BS36 2PF2
£240K01/231.88 miFlat 10, Rockwood House, Gravel Hill Road, Yate, Bristol, South Gloucestershire BS37 7BW2
£300K12/221.95 miFlat 23, Rockwood House, Gravel Hill Road, Yate, Bristol, South Gloucestershire BS37 7BW2
£215K04/211.95 miFlat 17, Rockwood House, Gravel Hill Road, Yate, Bristol, South Gloucestershire BS37 7BW2

Local Rents

12 rents from £950/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95012/240.12 mi-2
£1,25012/240.27 miRodborough, Yate, Bristol2
£97502/250.41 mi-2
£1,15012/240.87 miThe Willows, Yate, Bristol, Gloucestershire, BS372
£1,25012/240.9 miNormandy Drive, Yate, Bristol2
£1,30012/240.92 miHome Orchard, Yate, Bristol2
£99512/240.95 mi-2
£1,10002/250.95 mi-2
£1,10012/240.95 mi-2
£1,15007/240.95 mi-2
£1,20012/241.08 miParnall Crescent, Yate2
£1,10012/241.13 miStation Road, Yate, Bristol, BS372

Local Area Statistics

Population in BS37

38,080

Population in Bristol

795,432

Town centre distance

8.17 miles away

Nearest school

0.20 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-21%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £185,000

March 10, 2025

Floor Plans

Description

  • Two double bedrooms +
  • Garage +
  • Walking distance to local shops & amenities +
  • Modernised bathroom +
  • Ground floor +

Andrews are pleased to present this two bedroom ground floor apartment located in the quiet neighbourhood of Chargrove. Located near local amenities and parks all within walking distance.

This two bedroom apartment has served it's purpose within the family but is now ready for its new owners. Lovingly looked after by the current owners, this property is ready to move into and provides a great opportunity for any first time buyers to join the market or investors looking to rent straight out.

As this is a leasehold property you are likely to be responsible for management charges and ground rent. You may also incur fees for items such as leasehold packs and in addition will also need to check the remaining length of the lease. You must therefore consult with your legal representatives on these matters at the earliest opportunity before making a decision to purchase.

Agent Details

Andrews Estate Agents, Yate

01454 802685

Next Steps?

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