2 Bed Semi-Detached House, Refurb/BRRR, Bristol, BS5 8JU, £400,000

Summerhill Road, St.George, BS5 8JU - 2 views - 15 days ago

Refurb/BRRR
~68 m²
+26 photos

ValuationOvervalued

Sold Prices£181K - £460K
Sold Prices/m²£2.8K/m² - £5.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.9K/m²

Value Estimate

£264,431

 

 

End Value (After Refurb)

£375,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£31,200

Refurb Costs

£27,612

Bridging Loan Interest

£10,500

Total Cash In

£171,062

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£375,750

Mortgage (After Refinance)

£281,813

Mortgage LTV

75%

Cash Left In

£171,062

Equity

£93,938

Rent Range

£975 - £1,580

Rent Estimate

£1,254

Running Costs/mo

£1,445

Cashflow/mo

£-191

Cashflow/yr

£-2,292

Gross Yield

4%

Local Sold Prices

50 sold prices from £181K to £460K, average is £282K. £2.8K/m² to £5.3K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£215.2K12/200.16 mi51, Air Balloon Road, Bristol, City Of Bristol BS5 8LD2
£355K06/220.19 mi1, Queens Road, St George, Bristol, City Of Bristol BS5 8HR2
£303K11/210.21 mi26, Whiteway Road, Bristol, City Of Bristol BS5 7QR2
£272.5K06/210.21 mi24, Whiteway Road, Bristol, City Of Bristol BS5 7QR2
£321.1K03/210.22 mi15, Kensington Road, St George, Bristol, Avon BS5 7NB2
£290K01/210.24 mi11, Hudds Hill Road, Bristol, City Of Bristol BS5 7QE2
£353.3K01/230.25 mi16, Belfry Avenue, Bristol, City Of Bristol BS5 7PL2
£320K08/230.25 mi142, Bell Hill Road, Bristol, City Of Bristol BS5 7NF2
£387K02/230.26 mi36, Bellevue Road, St George, Bristol, City Of Bristol BS5 7PG2
£240K06/210.27 mi33, Cromwell Road, St George, Bristol, City Of Bristol BS5 7NA2
£285K03/210.3 mi3, Dale Street, Bristol, City Of Bristol BS5 7QL2
£330K05/210.32 mi11, Glen Park Gardens, Bristol, City Of Bristol BS5 7NE2
£215K08/210.32 mi16, Glen Park Gardens, Bristol, City Of Bristol BS5 7NE2
£232K04/210.32 mi4, Emra Close, Bristol, South Gloucestershire BS5 7JT2
£262K01/210.33 mi15, Marion Walk, Bristol, City Of Bristol BS5 8LJ2
£240K05/210.34 mi145, Crews Hole Road, Bristol, City Of Bristol BS5 8BB2
£345K03/210.36 mi4, Jockey Lane, Bristol, City Of Bristol BS5 8NZ2
£265K11/210.37 mi12, Celia Terrace, St Annes Park, Bristol, Avon BS4 4EZ2
£315K08/210.39 mi17, Rose Road, Bristol, City Of Bristol BS5 8EX2
£225K01/210.4 mi23, Beaconsfield Road, St George, Bristol, City Of Bristol BS5 8ET2
£295.5K06/230.4 mi7, St Annes Close, St George, Bristol, City Of Bristol BS5 8DQ2
£385K01/230.41 mi59, Plummers Hill, Bristol, City Of Bristol BS5 7JG2
£225K11/210.43 mi33, Burgess Green Close, St Annes Park, Bristol, City Of Bristol BS4 4DG2
£230K06/210.43 mi40, Burgess Green Close, St Annes Park, Bristol, Avon BS4 4DG2
£250K02/210.43 mi68, Two Mile Hill Road, Bristol, City Of Bristol BS15 1BW2
£220K09/210.44 mi12, Trumpet Lane, St George, Bristol, City Of Bristol BS5 8NN2
£202.5K05/210.44 mi13, Roegate Drive, St Annes Park, Bristol, City Of Bristol BS4 4DX2
£330K04/230.44 mi45, Queen Street, Kingswood, Bristol, City Of Bristol BS15 8BA2
£313K12/220.44 mi37, Queen Street, Kingswood, Bristol, City Of Bristol BS15 8BA2
£460K01/230.45 mi27, Northcote Road, St George, Bristol, City Of Bristol BS5 8EP2
£362K11/210.45 mi43, Northcote Road, St George, Bristol, Avon BS5 8EP2
£232.5K11/200.45 mi25, Roegate Drive, St Annes Park, Bristol, City Of Bristol BS4 4DX2
£224K11/210.46 mi8, Freshland Way, Bristol, City Of Bristol BS15 1DD2
£250K10/230.47 mi43, Riverside Steps, St Annes Park, Bristol, City Of Bristol BS4 4RH2
£218.5K12/200.47 mi15, Birchwood Court, St Annes Park, Bristol, City Of Bristol BS4 4JD2
£240K09/230.47 mi13, Birchwood Court, St Annes Park, Bristol, City Of Bristol BS4 4JD2
£230K07/230.47 mi14, Birchwood Court, St Annes Park, Bristol, City Of Bristol BS4 4JD2
£220K04/210.49 mi7, Snowberry Walk, Bristol, City Of Bristol BS5 7DG2
£355.6K01/210.49 mi14, Richmond Road, St George, Bristol, City Of Bristol BS5 8EJ2
£181K02/210.49 mi86, Two Mile Hill Road, Bristol, City Of Bristol BS15 1BJ2
£362K03/210.49 mi42, Richmond Road, St George, Bristol, Avon BS5 8EL2
£385.4K06/230.49 mi43, Richmond Road, St George, Bristol, City Of Bristol BS5 8EL2
£207K12/200.5 mi67, Rodney Road, Bristol, City Of Bristol BS15 1EH2
£335K01/230.51 mi27, Freshland Way, Bristol, City Of Bristol BS15 1DD2
£320K11/200.52 miRidgedale, Whites Hill, Bristol, City Of Bristol BS5 8UA2
£279K02/230.52 mi5, Burchells Green Road, Bristol, City Of Bristol BS15 1DT2
£288K04/210.52 mi6, Sherbourne Street, Bristol, City Of Bristol BS5 8EH2
£290K03/230.54 mi22, Salisbury Street, St George, Bristol, City Of Bristol BS5 8EE2
£340K03/210.54 mi14, Salisbury Street, St George, Bristol, City Of Bristol BS5 8EE2
£242K09/230.54 mi65, The Stepping Stones, St Annes Park, Bristol, City Of Bristol BS4 4EY2

Local Rents

50 rents from £975/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40003/240.14 miHilltop Gardens, Bristol2
£1,15002/250.17 mi-2
£1,15001/250.17 miBethel Road, Bristol, BS52
£1,10004/240.17 miBell Hill Road, Bristol2
£1,29003/250.17 mi-2
£1,10004/240.17 miBethel Road, St George, Bristol2
£1,30004/240.22 miHillside Road, Bristol, BS52
£1,30004/240.22 mi-2
£1,40001/250.22 mi-2
£1,25004/240.25 miBellevue Road, St. George, Bristol, BS52
£1,27503/240.25 mi-2
£97503/240.26 miNags Head Hill, St George2
£1,10004/240.26 mia Kennion Road, Bristol2
£1,29503/240.26 miBellevue Road, St George, Bristol2
£1,57501/250.28 mi-2
£1,25003/240.28 miCassey Bottom Lane, Bristol2
£1,29503/240.32 miWhiteway Road, St George, Bristol2
£1,35003/240.32 miSt Annes, Butlers Close, BS5 8AW2
£1,20003/240.32 miButlers Close, Bristol2
£1,58004/240.34 miAvon View, 153 Crews Hole Road, Bristol, BS5 8BB2
£1,15004/240.35 miThe Glebes, St. George, Bristol, BS52
£1,40001/250.35 mi-2
£1,15012/240.36 miGlebe Road, St George, Bristol2
£1,15003/240.37 miPort Side Close, St. George, Bristol2
£1,40004/240.37 miCelia Terrace, Bristol, City of2
£1,25010/230.38 miCelia Terrace,St. Annes Park,Bristol,BS42
£1,25003/250.38 mi-2
£1,00003/240.38 miNags Head Hill, Bristol2
£1,15005/240.39 miNags Head Hill, St George, Bristol2
£1,55005/240.39 mi-2
£1,55005/240.39 mi-2
£1,55005/240.39 mi-2
£1,20002/250.41 mi-2
£1,10003/240.44 miQueen Street, Kingswood, Bristol, Gloucestershire, BS152
£1,20012/240.47 miRiverside Steps, BS42
£1,35003/240.47 miSnowberry Walk, Bristol2
£1,10012/240.47 miBPC02337 Hudds Vale Road, Bristol, BS52
£1,10005/240.48 miRobertson Drive, St. Annes Park2
£1,30005/240.48 miSnowberry Walk, St George, Bristol, BS52
£1,39503/240.48 miSnowberry Walk- St George2
£1,35005/240.48 miSnowberry Walk- St George2
£1,20003/240.48 miWhiteway Close, Bristol, BS42
£1,04501/240.48 mi-2
£1,19512/240.48 mi-2
£1,17502/250.48 mi-2
£1,19501/250.48 miFountain Mill, Bristol, BS52
£1,25005/240.49 mi-2
£1,19505/240.49 mi-2
£1,29512/240.49 mi-2
£1,17502/250.49 mi-2

Local Area Statistics

Population in BS5

52,459

Population in Bristol

795,432

Town centre distance

2.52 miles away

Nearest school

0.20 miles away

Nearest train station

1.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+41%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £400,000

March 31, 2025

Floor Plans

Description

  • Attractive Enclosed Rear Garden +
  • Direct views to Troopers hill +
  • Driveway +
  • Garage +
  • Great Transport Links +
  • Modernisation Required +
  • Potential To Improve +
  • Cellar Space +
  • Popular Hanham/St George Location +

This charming 2-bedroom semi-detached house offers fantastic potential to be transformed into a 3-bedroom home (having previously been one), all without the need for extending. While the property requires modernisation throughout, it presents a blank canvas for buyers to put their own stamp on it and create a contemporary living space. The property is also being sold chain free, making for a smooth transaction.

Set in a highly sought-after location, the house boasts a spacious front and rear garden, a driveway for multiple cars, a garage, and valuable cellar space - all of which are rare finds in this area. The property also benefits from picturesque views over the allotments and the fields of Troopers Hill at the rear, providing a peaceful and tranquil setting.

For nature lovers, the house is ideally positioned just a stone's throw from the beautiful Troopers Hill Nature Reserve, offering a perfect retreat for walks, wildlife spotting, and outdoor relaxation.

Convenience is key with this property, as it is within close proximity to Church Road and Hanham High Street, both of which offer a wide range of amenities, including shops, cafes, and excellent transport links.

This is a unique opportunity to secure a property with great potential in an unbeatable location. Early viewing is highly recommended to fully appreciate the possibilities this home has to offer.

SITUATION

Conveniently located with various commuter routes (by train, bus and bike) into Bristol city centre and to Bath. Well placed for the local facilities of Hanham and St. George including shops, restaurants and Co-Op. There are pleasant riverside and wooded walks at Conham, Hencliffe Woods and Gover Road nearby. Within one mile of the vibrant Church Road featuring an array of restaurants, cafes and shops. Also within very close proximity of the property is local wildlife haven (Nature reserve) Troopers Hill and within approximately 0.5 miles of St. Georges Park and 1.5 miles of Netham Park.

Council Tax Band: C
Tenure: Freehold

Agent Details

Holbrook Moran, Redfield

0117 954 0033

Next Steps?

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