3 Bed Semi-Detached House, Cash/Bridging Only, Bristol, BS16 1QF, £400,000

Richard Stephens Road, Bristol, BS16 1QF - 2 views - a month ago

Cash
ROI: 4%
~93 m²
+14 photos

ValuationOvervalued

Sold Prices£230K - £850K
Sold Prices/m²£2.7K/m² - £5K/m²

 

 

Square Metres

~93 m²
Price/m²£4.3K/m²

Value Estimate

£374,697

 

 

End Value (After Refurb)

£366,068

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£37,686

Bridging Loan Interest

£10,500

Total Cash In

£178,636

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£366,068

Mortgage (After Refinance)

£274,551

Mortgage LTV

75%

Cash Left In

£178,636

Equity

£91,517

Rent Range

£1,500 - £4,475

Rent Estimate

£2,219

Running Costs/mo

£1,608

Cashflow/mo

£611

Cashflow/yr

£7,335

ROI

4%

Gross Yield

7%

Local Sold Prices

26 sold prices from £230K to £850K, average is £334.3K. £2.7K/m² to £5K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£295K11/210.33 mi7, Trellick Walk, Stapleton, Bristol, South Gloucestershire BS16 1WQ3
£325K01/210.34 mi94, Jellicoe Avenue, Stapleton, Bristol, South Gloucestershire BS16 1WJ3
£850K05/210.45 mi20, Kynges Mill Close, Bristol, City Of Bristol BS16 1JL3
£331K06/230.53 mi10, Folliot Close, Bristol, City Of Bristol BS16 1JT3
£375K11/210.55 mi132, Frenchay Park Road, Bristol, City Of Bristol BS16 1HB3
£256.5K04/210.56 mi3, Stanshaw Road, Bristol, City Of Bristol BS16 1JX3
£384K01/230.61 mi26, Stanshaw Close, Bristol, City Of Bristol BS16 1JY3
£301.5K06/230.66 mi29, Brockworth Crescent, Bristol, City Of Bristol BS16 1HQ3
£230K05/210.67 mi8, Sheldrake Drive, Bristol, City Of Bristol BS16 1UD3
£300K11/200.69 mi11, Harding Road, Stoke Gifford, Bristol, South Gloucestershire BS34 8AP3
£400K06/230.69 mi1, Harding Road, Stoke Gifford, Bristol, South Gloucestershire BS34 8AP3
£337.5K05/210.69 mi11, John St Quinton Close, Stoke Gifford, Bristol, South Gloucestershire BS34 8AE3
£365K07/230.69 mi10, John St Quinton Close, Stoke Gifford, Bristol, South Gloucestershire BS34 8AE3
£253K03/210.7 mi1, Reedling Close, Bristol, City Of Bristol BS16 1UG3
£372K07/230.7 mi6, James Counsell Way, Stoke Gifford, Bristol, South Gloucestershire BS34 8AQ3
£298K02/210.72 mi2, The Rosary, Stoke Gifford, Bristol, South Gloucestershire BS34 8AH3
£440K12/220.78 mi18, Hatton Road, Bristol, City Of Bristol BS16 1AH3
£449.6K04/230.79 mi14, Malmains Drive, Frenchay, Bristol, South Gloucestershire BS16 1PQ3
£325K04/210.84 mi10, Barnwood, Stoke Gifford, Bristol, South Gloucestershire BS16 1GN3
£387.5K06/230.91 mi23, Bryansons Close, Bristol, City Of Bristol BS16 1ES3
£520K06/210.93 miFrome House, Church Road, Frenchay, Bristol, South Gloucestershire BS16 1NB3
£360K01/210.96 miSpiders Cottage, Quarry Road, Frenchay, Bristol, South Gloucestershire BS16 1LX3
£475K02/210.97 miTuckett House, Tuckett Lane, Bristol, South Gloucestershire BS16 1LL3
£328.5K03/230.98 mi19, Nash Drive, Bristol, City Of Bristol BS7 9XW3
£313K06/230.98 mi51, Nash Drive, Bristol, City Of Bristol BS7 9XW3
£285K11/210.99 mi43, Comyn Walk, Bristol, City Of Bristol BS16 2JL3

Local Rents

16 rents from £1.5K/mo to £4.5K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£2,00012/240.05 mi-3
£2,10012/240.05 miEdward Parker Road, Bristol, BS163
£1,95003/240.17 miHenry Shute Road, BRISTOL3
£2,37003/240.19 miLancelot Road - Stoke Park3
£2,40012/240.22 miPaxton, Stapleton, Bristol, Gloucestershire3
£2,13003/240.24 miWright Way - Stoke Park3
£2,13003/240.25 miWright Way - Stoke Park3
£1,87503/240.28 miWright Way, Stapleton, Bristol, BS163
£1,95003/240.31 miJellicoe Avenue, Stoke Park, Bristol3
£2,35001/250.32 mi-3
£2,10004/240.32 miJellicoe Avenue, Bristol, BS163
£2,17504/240.41 mi00000087 Jellicoe Avenue3
£4,47503/240.42 mi-3
£1,80012/240.48 miFrenchay Park Road, Frenchay, Bristol3
£2,20012/240.57 miWood Mead, Bristol, Avon3
£1,50003/240.59 miWood Mead, Cheswick Village, BRISTOL, BS163

Local Area Statistics

Population in BS16

75,691

Population in Bristol

795,432

Town centre distance

2.85 miles away

Nearest school

0.50 miles away

Nearest train station

1.05 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £400,000

March 14, 2025

Floor Plans

Description

  • Constructed in 2019 +
  • Sought after development +
  • Three bedrooms master with en-suite +
  • Downstairs W.C +
  • Fitted Kitchen and large living room +
  • Two off street parking spaces +
  • NHBC approved loft boarding for extra storage +

Introducing a stunning modern property located in the sought-after city of Bristol. Constructed in 2019, this house offers a perfect blend of contemporary design, functionality, and convenience. Boasting three bedrooms, three bathrooms/ W.C's, and a spacious living room, it is ideal for growing families or those seeking additional space.

As you step into this beautifully crafted home, you'll be greeted by a welcoming atmosphere. The open-plan ground floor layout allows for easy interaction and boasts a large living room, perfect for entertaining family and friends. The fitted kitchen provides ample storage and workspace, making it a joy for aspiring chefs and culinary enthusiasts.

A key feature of this property is the master bedroom with its en-suite bathroom, offering a private and luxurious space to unwind. Additionally, there are two more well-proportioned bedrooms, providing ample options for accommodating family members and guests. With three bathrooms in total, one of which is situated downstairs, there's no need to worry about morning rush hours or sharing facilities.

Located within a sought-after development, this house is a true gem. The neighborhood offers tranquillity and privacy, making it an ideal retreat from the city's hustle and bustle, while still being conveniently located close to amenities and transport links. The beautiful surroundings provide a perfect backdrop for both relaxing walks and outdoor activities.

One of the most sought-after features of this property is the two off-street parking spaces, ensuring that you'll never have to worry about finding a spot for your car when returning home.

Bristol itself is a vibrant and culturally rich city, offering a wide range of amenities, entertainment options, and educational institutions. From historical landmarks to bustling shopping streets, you'll find everything you need within easy reach.

Don't miss the opportunity to make this modern house your own. If you're looking for a spacious and stylish home in the heart of Bristol, this property is the perfect option. Contact us today to arrange a viewing and take the first step towards owning your dream home in this sought-after neighborhood.

IMPORTANT NOTICE: The Property Centre for themselves and for the vendors of the property, whose agents they are, give notice that: 1. the particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchaser and do not constitute part of an offer or contract. Prospective purchasers and lessees ought to seek their own professional advice. 2. All descriptions, dimensions, areas, reference to condition and necessary permissions for use and occupation and other details are given in good faith, and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. 3. No person in the employment of The Property Centre has any authority to make or give any representations or warranty whatever in relation to this property on behalf of The Property Centre, nor enter into any contract on behalf of the vendor. 4. No responsibility can be accepted for any expenses incurred by intending purchasers in inspecting properties which have been sold, let or withdrawn.

Photographs taken and details prepared February 2025

MEASUREMENTS AND OTHER INFORMATION: All measurements are approximate. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information with you. Code of Practice for Residential Estate Agents: Effective from 1 August 2011: '8. Financial Evaluation 8a At the time that an offer has been made and is being considered by the seller, you must take reasonable steps to find out from the prospective buyer the source and availability of his funds for buying the property and pass this information to the seller. Such information will include whether the prospective buyer needs to sell a property, requires a mortgage, claims to be a cash buyer or any combination of these. Such relevant information that is available should be included in the Memorandum of Sale having regard to the provisions of the Data Protection Act.8b These reasonable steps must continue after acceptance of the offer until exchange of contracts (in Scotland, conclusion of missives) and must include regular monitoring of the prospective buyer's progress in achieving the funds required, and reporting such progress to the seller. The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for their purpose. A Buyer is advised to obtain verification from their solicitor or surveyor. References to the Tenure of the Property are based on information supplied by the Seller. The agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.

Agent Details

The Property Centre, Bristol

0117 463 7923

Next Steps?

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