3 Bed Terraced House, Refurb/BRRR, Bristol, BS13 7HL, £300,000

Ilchester Crescent, Bedminster Down, Bristol, BS13 7HL - 4 views - a year ago

Sold STC
Refurb/BRRR
ROI: 4%
~78 m²
+6 photos

ValuationOvervalued

Sold Prices£249.5K - £385K
Sold Prices/m²£2.9K/m² - £7.5K/m²

 

 

Square Metres

~77.90 m²
Price/m²£3.9K/m²

Value Estimate

£255,255

 

 

End Value (After Refurb)

£290,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Refurb Costs

£31,830

Bridging Loan Interest

£7,875

Total Cash In

£129,155

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£290,000

Mortgage (After Refinance)

£217,500

Mortgage LTV

75%

Cash Left In

£129,155

Equity

£72,500

Rent Range

£1,350 - £2,100

Rent Estimate

£1,680

Running Costs/mo

£1,262

Cashflow/mo

£418

Cashflow/yr

£5,013

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £249.5K to £385K, average is £315K. £2.9K/m² to £7.5K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£370K06/230 mi37, Ilchester Crescent, Bristol, City Of Bristol BS13 7HL3
£300K05/210 mi19, Ilchester Crescent, Bristol, City Of Bristol BS13 7HL3
£285K06/210.07 mi46, Ilchester Crescent, Bristol, City Of Bristol BS13 7HN3
£305K10/200.07 mi70, Ilchester Crescent, Bristol, City Of Bristol BS13 7HN3
£385K10/220.07 mi1a, Ilchester Road, Bristol, City Of Bristol BS13 7HJ3
£350K01/230.11 mi75, Ilchester Crescent, Bristol, City Of Bristol BS13 7HW3
£331.5K04/210.11 mi220, Ilchester Crescent, Bristol, City Of Bristol BS13 7HS3
£322.4K11/220.12 mi210, Ilchester Crescent, Bristol, City Of Bristol BS13 7HS3
£300K03/210.12 mi215, Ilchester Crescent, Bristol, City Of Bristol BS13 7HS3
£300K04/210.12 mi213, Ilchester Crescent, Bristol, City Of Bristol BS13 7HS3
£315K05/230.12 mi24, Cardill Close, Bristol, City Of Bristol BS13 7JQ3
£360K04/210.16 mi17, Lewis Road, Bristol, City Of Bristol BS13 7JD3
£270K09/210.16 mi71, Lewis Road, Bristol, City Of Bristol BS13 7JD3
£365K08/230.16 mi7, Lewis Road, Bristol, City Of Bristol BS13 7JD3
£334K02/210.16 mi63, Lewis Road, Bristol, City Of Bristol BS13 7JD3
£320K12/200.16 mi7, Lewis Road, Bristol, City Of Bristol BS13 7JD3
£317.5K11/200.16 mi49, Lewis Road, Bristol, City Of Bristol BS13 7JD3
£315K04/210.16 mi26, Eastlyn Road, Bristol, City Of Bristol BS13 7HY3
£281.5K04/210.16 mi70, Eastlyn Road, Bristol, City Of Bristol BS13 7HY3
£335.5K09/210.16 mi2, Eastlyn Road, Bristol, City Of Bristol BS13 7HY3
£310K06/210.16 mi52, Eastlyn Road, Bristol, City Of Bristol BS13 7HY3
£288K10/200.16 mi44, Eastlyn Road, Bristol, City Of Bristol BS13 7HY3
£338.8K05/210.16 mi58, Eastlyn Road, Bristol, City Of Bristol BS13 7HY3
£290K01/210.16 mi34, Eastlyn Road, Bristol, City Of Bristol BS13 7HY3
£323K07/210.16 mi72, Eastlyn Road, Bristol, City Of Bristol BS13 7HY3
£320K05/230.17 mi28, Lewis Road, Bristol, City Of Bristol BS13 7JB3
£300K11/200.17 mi46, Lewis Road, Bristol, City Of Bristol BS13 7JB3
£295K03/210.17 mi24, Lewis Road, Bristol, City Of Bristol BS13 7JB3
£265K02/210.19 mi189, Ilchester Crescent, Bristol, City Of Bristol BS13 7HR3
£300K02/210.19 mi178, Ilchester Crescent, Bristol, City Of Bristol BS13 7HR3
£373.5K07/220.2 mi97, Bishopsworth Road, Bristol, City Of Bristol BS13 7JR3
£338K03/210.2 mi123, Ilchester Crescent, Bristol, City Of Bristol BS13 7HP3
£270K04/210.23 mi23, Brooklyn Road, Bristol, City Of Bristol BS13 7JX3
£325K08/230.28 mi19, Valley Road, Bristol, City Of Bristol BS13 7JU3
£325K05/210.28 mi90, Aylesbury Crescent, Bristol, City Of Bristol BS3 5NN3
£365K11/220.29 mi110, Bishopsworth Road, Bristol, City Of Bristol BS13 7LF3
£321K03/230.3 mi173, Bedminster Road, Bristol, City Of Bristol BS3 5NJ3
£274K01/210.31 mi14, Hill View Road, Bristol, City Of Bristol BS13 7LE3
£290K05/210.31 mi2, Hardy Road, Bristol, City Of Bristol BS3 2SN3
£310K12/200.32 mi4, Garth Road, Bristol, City Of Bristol BS13 7LB3
£287.5K12/200.37 mi52, Parson Street, Bristol, City Of Bristol BS3 5QG3
£305K10/220.38 mi17, Crantock Avenue, Bristol, City Of Bristol BS13 7QW3
£255K03/210.38 mi134, Bishopsworth Road, Bristol, City Of Bristol BS13 7LQ3
£265K05/210.39 mi10, Crantock Avenue, Bristol, City Of Bristol BS13 7QW3
£376K01/230.39 mi9, Hastings Road, Bristol, City Of Bristol BS3 5RE3
£383K11/220.4 mi56, South Liberty Lane, Bristol, City Of Bristol BS3 2SY3
£325K12/220.41 mi33, Headley Lane, Bristol, City Of Bristol BS13 7QL3
£344K11/200.41 mi35, Headley Lane, Bristol, City Of Bristol BS13 7QL3
£263.8K04/210.41 mi6, Tyntesfield Road, Bristol, City Of Bristol BS13 7EJ3
£249.5K11/200.41 mi12, Tyntesfield Road, Bristol, City Of Bristol BS13 7EJ3

Local Rents

27 rents from £1.4K/mo to £2.1K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,60003/240 miIlchester Crescent, Bristol, BS133
£1,60003/240 miIlchester Crescent, Bristol, BS133
£1,50008/230.23 mi-3
£1,45012/230.3 mi-3
£1,80005/230.37 mi-3
£1,70003/240.41 miHeadley Lane, BS133
£1,90008/240.45 mi-3
£1,50005/240.45 miHighbury Road, Bedminster, BS33
£1,35004/240.48 miNailsea Close, Bedminster Down, Bristol, BS133
£1,50004/240.5 miSt Peters Rise, Bishopsworth, Bristol, BS133
£2,00003/240.51 miAvonleigh Road, The Chessels, Bristol, BS33
£2,00004/240.51 miAvonleigh Road, The Chessels, Bristol, BS33
£1,45004/240.51 miSwiss Road, Ashton, BS33
£1,45005/240.51 miSwiss Road, Ashton, BS33
£1,50005/240.53 miHall Street, Bedminster, Bristol, BS33
£1,95002/250.53 mi-3
£1,65003/240.56 miNovers Hill, BS43
£1,67503/240.56 miBridge Views, Bristol, BS43
£1,80012/240.57 miWest Street, Bedminster, BRISTOL3
£1,99503/240.58 miElmdale Road, BS33
£1,75003/240.58 miElmdale Road, BS33
£1,70008/240.58 mi-3
£1,90005/240.59 miChessel Heights, West Street, Bedminster, Bristol, BS33
£1,50003/240.59 miAshton Drive - BS33
£1,65003/240.6 miBartletts Road, Bedminster, Bristol, BS33
£2,10011/230.61 mi-3
£1,90005/240.61 miBartletts Road - Bedminster3

Local Area Statistics

Population in BS13

29,574

Population in Bristol

795,432

Town centre distance

3.09 miles away

Nearest school

0.30 miles away

Nearest train station

0.38 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £300,000

October 9, 2023

Floor Plans

Description

  • NO CHAIN +
  • Three Bedrooms +
  • Full Of Potential +
  • Terraced +
  • Two Reception Rooms +
  • Large Garden +
  • Garage +
  • Popular Bedminster Down Location +
  • Short Walk To Local Shops, School & Transport Links +
  • Easy Access To City Centre +

A fantastic opportunity to acquire a three bedroom terraced home, full of potential and located in the sought-after area of Bedminster Down. This property is in need of modernisation throughout, providing the perfect canvas for buyers to add their own personal touch and create their dream home. Upon entering, you are greeted by two spacious reception rooms, offering ample space for entertaining guests or enjoying quality time with family. The property also boasts a good sized garden with rear access. Convenience is key, as this home is just a short walk away from local shops, schools, and excellent transport links. The City Centre is easily accessible, making commuting a breeze. In addition, this property benefits from a garage, providing potential for secure parking and extra storage space. Don't miss out on this incredible opportunity to transform this property into your dream home. Viewings are highly recommended to truly appreciate the potential and all that this property has to offer. Council Tax Band: B
EPC Rating: F

Agent Details

Garrett & Bradly Independent Estate Agents, Bristol

0117 463 0173

Next Steps?

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