2 Bed Flat, Single Let, Bristol, BS34 5FN, £220,000

Oak Leaze, Patchway, Bristol, Gloucestershire, BS34 5FN - a year ago

Sold STC

Leasehold

BTL

ROI: 5%

~60 m²

+9 photos

ValuationOvervalued

Sold Prices	£140K - £250K
Sold Prices/m²	£2.1K/m² - £4.4K/m²

Square Metres	~60 m²
Price/m²	£3.7K/m²
Value Estimate	£201,667£201,667

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£55,000£55,000
Stamp Duty & Legal Fees	£12,200£12,200
Total Cash In	£67,200£67,200

Cash Out
Rent Range	£995 - £3,180£995 - £3,180
Rent Estimate	£1,231
Running Costs/mo	£954£954
Cashflow/mo	£277£277
Cashflow/yr	£3,324£3,324
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

22 sold prices from £140K to £250K, average is £191K. £2.1K/m² to £4.4K/m², average is £3.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£203K	06/21	0.03 mi	148, Oak Leaze, Patchway, Bristol, South Gloucestershire BS34 5FN	£3,383	60	2	Flat
£228K	10/21	0.28 mi	21, Swithins Lane, Patchway, Bristol, South Gloucestershire BS34 5FY	£4,000	57	2	Flat
£169.5K	03/21	0.34 mi	3, Fir Tree Close, Patchway, Bristol, South Gloucestershire BS34 5ER	£2,608	65	2	Flat
£192K	11/22	0.34 mi	3, Fir Tree Close, Patchway, Bristol, South Gloucestershire BS34 5ER	£2,954	65	2	Flat
£164K	01/21	0.38 mi	37, Larch Way, Patchway, Bristol, South Gloucestershire BS34 5DW	£2,523	65	2	Flat
£207.5K	07/21	0.43 mi	14, Tall Elms Road, Patchway, Bristol, South Gloucestershire BS34 5FJ	£3,242	64	2	Flat
£181K	12/22	0.47 mi	104, Willow Close, Patchway, Bristol, South Gloucestershire BS34 5SQ	£3,068	59	2	Flat
£189.9K	11/21	0.49 mi	3, Cranbourne Road, Patchway, Bristol, South Gloucestershire BS34 5EA	£3,725	51	2	Flat
£168K	09/21	0.49 mi	16, Cranbourne Road, Patchway, Bristol, South Gloucestershire BS34 5EA	£3,170	53	2	Flat
£230K	08/23	0.5 mi	56, Charlton Boulevard, Patchway, Bristol, South Gloucestershire BS34 5BN	£3,898	59	2	Flat
£217K	02/23	0.54 mi	19, Cranbourne Road, Patchway, Bristol, South Gloucestershire BS34 5DZ	£3,964	55	2	Flat
£181.5K	05/21	0.54 mi	21, Cranbourne Road, Patchway, Bristol, South Gloucestershire BS34 5DZ	£3,361	54	2	Flat
£177K	05/23	0.54 mi	41a, Cranbourne Road, Patchway, Bristol, South Gloucestershire BS34 5DZ	£3,278	54	2	Flat
£140K	05/21	0.56 mi	169, Rodway Road, Patchway, Bristol, South Gloucestershire BS34 5EB	-	-	2	Flat
£190K	10/20	0.59 mi	69a, Callicroft Road, Patchway, Bristol, South Gloucestershire BS34 5BU	£3,654	52	2	Flat
£220K	03/23	0.59 mi	69a, Callicroft Road, Patchway, Bristol, South Gloucestershire BS34 5BU	£4,231	52	2	Flat
£250K	02/21	0.77 mi	6, Parkers Close, Bristol, City Of Bristol BS10 6LZ	£4,386	57	2	Flat
£220K	12/22	0.79 mi	49, College Way, Filton, Bristol, South Gloucestershire BS34 7BH	-	-	2	Flat
£178K	04/21	0.79 mi	68, College Way, Filton, Bristol, South Gloucestershire BS34 7BH	£3,490	51	2	Flat
£205K	06/23	0.8 mi	Flat 18, Charlton Mead Court, Charlton Mead Drive, Bristol, City Of Bristol BS10 6LN	£2,531	81	2	Flat
£163K	08/21	0.91 mi	113, Coniston Road, Patchway, Bristol, South Gloucestershire BS34 5JS	-	-	2	Flat
£210K	02/23	0.98 mi	298c, Charlton Road, Brentry, Bristol, City Of Bristol BS10 6JU	£2,121	99	2	Flat

Local Rents

44 rents from £995/mo to £3.2K/mo, average is £1.3K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,300	04/24	0 mi	Oak Leaze, Charlton Hayes, Bristol	2	Flat
£1,400	03/25	0.01 mi	-	2	Semi-Detached House
£1,450	02/25	0.08 mi	-	2	Flat
£1,400	03/25	0.11 mi	-	2	Flat
£1,250	04/24	0.13 mi	Mansell Road, Patchway, Bristol, South Gloucestershire, BS34	2	Flat
£1,400	03/25	0.15 mi	-	2	Detached House
£1,175	10/23	0.17 mi	Mansell Road, Patchway, Bristol, South Gloucestershire, BS34	2	Flat
£1,600	03/24	0.17 mi	Brick Hill Way, Patchway, Bristol, BS34 5UY	2	Flat
£1,300	03/24	0.19 mi	Lane End Road, Charlton Hayes	2	Flat
£1,550	03/24	0.2 mi	Brick Hill Way, Patchway	2	Flat
£1,550	04/24	0.2 mi	Brick Hill Way, Patchway	2	Flat
£1,500	04/24	0.21 mi	Great Brier Leaze, Patchway	2	Flat
£1,350	03/25	0.22 mi	-	2	Flat
£1,250	05/24	0.22 mi	Great Brier Leaze, Charlton Hayes, Bristol, BS34	2	Flat
£1,400	12/24	0.23 mi	-	2	Flat
£1,300	03/24	0.24 mi	Whitsun Leaze, Charlton Hayes, Bristol	2	Flat
£1,350	03/24	0.27 mi	Square Leaze, Patchway, Bristol, Gloucestershire, BS34	2	Flat
£1,400	04/24	0.27 mi	Square Leaze, Patchway, BRISTOL	2	Flat
£1,250	03/24	0.27 mi	Square Leaze, Charlton Hayes, Bristol, BS34	2	Flat
£1,250	04/24	0.28 mi	Green Sands Road - Charlton Hayes	2	Flat
£1,250	04/24	0.29 mi	Eighteen Acre Drive, Bristol	2	Flat
£1,250	03/24	0.31 mi	Eighteen Acre Drive, Patchway, Bristol, BS34	2	Flat
£1,300	03/24	0.31 mi	Wood Street, Patchway, Bristol, BS34	2	Flat
£1,250	03/24	0.33 mi	Charlton Hayes, Bushy Road, BS34 5GP	2	Flat
£1,365	12/24	0.33 mi	-	2	Flat
£1,200	03/24	0.33 mi	Mansell Road, Charlton Hayes, Bristol, BS34	2	Flat
£1,450	03/24	0.34 mi	Bushy Road, Patchway, Bristol, Gloucestershire, BS34	2	Flat
£1,350	03/24	0.34 mi	Long Leaze Road, Charlton Hayes, Bristol, BS34	2	Flat
£1,300	04/24	0.34 mi	Bushy Road, Charlton Hayes, Bristol	2	Flat
£1,300	03/24	0.36 mi	Whitsun Leaze, Charlton Hayes, Bristol, BS34	2	Flat
£1,350	04/24	0.43 mi	-	2	Flat
£1,350	04/24	0.43 mi	Tall Elms Road, Patchway, Bristol, BS34	2	Flat
£1,250	01/25	0.44 mi	-	2	Flat
£1,300	05/24	0.46 mi	Great Brier Leaze, Charlton Hayes, Bristol	2	Flat
£1,350	11/24	0.49 mi	-	2	Flat
£1,340	02/25	0.5 mi	-	2	Flat
£1,300	04/24	0.51 mi	Sparrowbill Way, Charlton Hayes, Bristol, BS34	2	Terraced House
£1,300	04/24	0.51 mi	Sparrowbill Way, Charlton Hayes, Bristol, BS34	2	Terraced House
£1,275	03/24	0.51 mi	Cranbourne Road, Patchway, Bristol, Gloucestershire, BS34	2	Flat
£995	03/24	0.52 mi	Rodway Road, Patchway	2	Flat
£3,180	03/25	0.52 mi	-	2	Flat
£1,450	01/25	0.52 mi	-	2	Flat
£1,300	03/24	0.56 mi	Hawthorn Close, Patchway, Bristol	2	Detached House
£1,400	03/24	0.57 mi	Lee Close, Patchway, Bristol, BS34	2	Flat

Local Area Statistics

Population in BS34	29,89329,893
Population in Bristol	795,432795,432
Town centre distance	3.65 miles away3.65 miles away
Nearest school	0.50 miles away0.50 miles away
Nearest train station	0.93 miles away0.93 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-6%-6%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+28%+28%

Property History

Listed for £220,000

March 5, 2024

Floor Plans

Description

NO ONWARD CHAIN +
2 Bedrooms +
Open Plan Living +
Immaculate Condition Throughout +
Allocated Parking +
Close to Local Amenities +
Bike Storage Unit +

This beautifully presented property boasts a sharp finish and a spacious layout that is sure to impress. Featuring two bedrooms, including a master bedroom with built-in double wardrobes, it offers ample storage. The living/dining room is bathed in natural light from dual aspect windows, creating a welcoming ambiance for both relaxation and dining. The kitchen has built in appliances and plenty of worktop space.
Overall, this impressive property has been well-maintained by its current owner. Its fantastic location just minutes away from Cribbs Causeway offers easy access to a wide range of retail, dining, and transportation options. Ideal for first-time buyers or as an investment opportunity
Offered with no onward chain.

Agent Details

West Coast Properties, Patchway

0117 463 0162

Next Steps?

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

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CashflowsOpen in Analyser

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Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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