2 Bed Flat, Single Let, Bristol, BS6 5DA £270,000

Armidale Place, Montpelier, BS6 5DA - 11 views - a year ago
Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
Property image

ValuationUndervalued

Sold Prices£137.5K - £516.4K
Sold Prices/m²£3.1K/m² - £9.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£333,628
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Total Cash In

£77,800

 

 

Cash Out

 

Rent Range

£950 - £1,900

Rent Estimate

£1,206

Running Costs/mo

£1,105

Cashflow/mo

£101

Cashflow/yr

£1,213

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £137.5K to £516.4K, average is £331K. £3.1K/m² to £9.1K/m², average is £4.9K/m².

Price
Date
Distance
Address
Beds
 
£280K07/230.03 mi406, Armidale Place, Bristol, City Of Bristol BS6 5BQ2
£287.5K01/250.03 mi603, Armidale Place, Montpelier, Bristol BS6 5DA2
£275K07/230.03 mi701, Armidale Place, Bristol, City Of Bristol BS6 5DA2
£377.5K03/250.13 miGarden Flat, 11, Sydenham Road, Cotham, Bristol BS6 5SH2
£235.5K06/250.15 mi30, Montpelier Court, Station Road, Montpelier, Bristol BS6 5EA2
£235.5K06/250.15 mi30, Montpelier Court, Station Road, Montpelier, Bristol BS6 5EA2
£312K01/250.15 mi16 Anderson House, Flat 401, Carmen Beckford Street, St Pauls, Bristol BS1 3FE2
£365K06/250.18 miFlat 15, The Old Library, Cheltenham Road, Montpelier, Bristol BS6 5QX2
£365K06/250.18 miFlat 15, The Old Library, Cheltenham Road, Montpelier, Bristol BS6 5QX2
£310K07/230.2 miBasement Flat, 195c, Cheltenham Road, Bristol, City Of Bristol BS6 5QX2
£340K12/240.2 mi29, Basement Flat, Sydenham Road, Cotham, Bristol BS6 5SJ2
£350K01/250.2 mi33, Second Floor Flat, Sydenham Hill, Cotham, Bristol BS6 5SL2
£270K09/210.21 miFirst Floor Flat, 33, Sydenham Hill, Bristol, City Of Bristol BS6 5SL2
£210K08/210.23 miFlat 109, Armada House, Dove Street, Bristol, City Of Bristol BS2 8LB2
£315K09/210.23 mi148a, City Road, Bristol, City Of Bristol BS2 8YG2
£200K09/210.24 miGround Floor Flat, 118, Richmond Road, Montpelier, Bristol, City Of Bristol BS6 5ER2
£473.6K08/250.25 miGarden Flat, 3, Clare Road, Cotham, Bristol BS6 5TB2
£355.5K02/230.26 miFlat 7, Victoria Court, Victoria Gardens, Bristol, City Of Bristol BS6 5SF2
£357.5K12/240.28 mi43, Ground Floor Flat, Redland Road, Redland, Bristol BS6 6AG2
£290K12/240.28 mi102, Cotham Brow, Cotham, Bristol BS6 6AP2
£137.5K07/250.29 miFlat 17, Ducrow Court, Backfields, St Pauls, Bristol BS2 8AQ2
£280K08/210.3 miFlat 16, Bs2 Lofts, Little Bishop Street, Bristol, City Of Bristol BS2 9JD2
£276.5K01/230.31 mi59, Cotham Brow, Bristol, City Of Bristol BS6 6AW2
£350K05/250.36 miGarden Flat, 17, Elmgrove Road, Cotham, Bristol BS6 6AH2
£350K05/250.36 miGarden Flat, 17, Elmgrove Road, Cotham, Bristol BS6 6AH2
£260K11/210.36 mi82d, Dove Street, Bristol, City Of Bristol BS2 8LS2
£331K03/250.37 miFlat 10, 26 Newland Heights, Hurlingham Road, Montpelier, Bristol BS7 9AS2
£331K03/250.37 miFlat 10, 26 Newland Heights, Hurlingham Road, Montpelier, Bristol BS7 9AS2
£357K12/240.37 mi27 Newland Heights, Flat 16, Hurlingham Road, Montpelier, Bristol BS7 9AT2
£447.5K04/230.38 miHall Floor Flat, 1, Cotham Grove, Bristol, City Of Bristol BS6 6AL2
£273K12/240.4 miWilder House, Flat 35, Wilder Street, St Pauls, Bristol BS2 8PH2
£363K02/230.42 miFlat 40, Old Shoe Factory, Portland Square, Bristol, City Of Bristol BS2 8RR2
£270K06/230.42 mi40b, Sussex Place, Bristol, City Of Bristol BS2 9QW2
£345K11/220.42 miFlat M, Portland Lofts, Lemon Lane, Bristol, City Of Bristol BS2 9HF2
£342.5K03/250.42 mi2, Foxleigh Flats, Gloucester Road, Bishopston, Bristol BS7 8AJ2
£342.5K03/250.42 mi2, Foxleigh Flats, Gloucester Road, Bishopston, Bristol BS7 8AJ2
£495K05/220.43 mi44, Sussex Place, St Werburghs, Bristol BS2 9QW2
£248K05/250.44 miFlat 33, Hamilton Court, Montague Street, Kingsdown, Bristol BS2 8NY2
£248K05/250.44 miFlat 33, Hamilton Court, Montague Street, Kingsdown, Bristol BS2 8NY2
£270K07/230.44 miBasement Flat, 85, North Road, St Andrews, Bristol, City Of Bristol BS6 5AQ2
£315K07/230.44 miFlat 98, Hamilton Court, Montague Street, Bristol, City Of Bristol BS2 8NZ2
£315K11/240.44 mi4, Ground Floor Flat, Purton Road, Bishopston, Bristol BS7 8DB2
£362.5K06/210.45 miFirst Floor Flat, 4, South Road, Redland, Bristol, City Of Bristol BS6 6QP2
£516.4K06/210.49 mi3, Cotham Park, Bristol, City Of Bristol BS6 6BZ2
£359.6K07/230.51 mi16a, Portland Street, Kingsdown, Bristol, City Of Bristol BS2 8HL2
£405K06/250.52 mi44, Cranbrook Road, Redland, Bristol BS6 7BT2
£405K06/250.52 mi44, Cranbrook Road, Redland, Bristol BS6 7BT2
£415K05/230.52 mi17, Conduit Road, Bristol, City Of Bristol BS2 9RW2
£330K08/250.52 miGarden Flat, 55, Ravenswood Road, Cotham, Bristol BS6 6BP2
£365.2K11/220.53 miFirst Floor Flat, 58, Elton Road, Bishopston, Bristol, City Of Bristol BS7 8DE2

Local Rents

50 rents from £950/mo to £1.9K/mo, average is £1.4K/mo.

Rent
Date
Distance
Address
Beds
 
£1,50008/250 miArmidale Place, Montpelier, BRISTOL2
£1,60010/250 miArmidale Place, Montpelier, Bristol, BS62
£1,35005/240.01 miArmidale Place, Montpelier, Bristol2
£1,40010/250.01 miArmidale Place, Montpelier, Bristol2
£1,55011/250.02 miBath Buildings, Montpelier, Bristol2
£1,53504/240.02 miArmidale Place, Montpelier, Bristol2
£1,40010/250.02 miArmidale Place, Montpelier2
£1,59504/250.03 mi-2
£1,55004/250.03 mi-2
£1,40011/250.03 miArmidale Place, Montpelier, BS6 5BQ2
£1,10008/250.03 miBath Buildings, Bristol2
£1,40010/250.03 miBath Buildings, Bristol, BS62
£95005/240.03 miBath Buildings, Bristol, BS62
£1,20005/240.03 mi-2
£1,40011/250.03 mi-2
£1,30002/250.03 mi-2
£1,50003/240.03 miArmidale Place - Montpelier2
£1,49503/240.03 miPicton Street, Montpelier, Bristol2
£1,50008/250.03 miArmidale Place, Bristol2
£1,45905/240.04 mi-2
£1,50005/240.04 mi-2
£1,50004/240.04 miArmidale Place, Bristol, BS62
£1,45904/240.04 miArmidale Place, Bristol, BS62
£1,55005/250.06 mi-2
£1,20010/250.06 mi-2
£1,55004/240.06 miPicton Street, Montpellier2
£1,42507/250.06 miCatherine Court - Montpelier2
£1,50009/250.06 miPicton Street, Montpellier2
£1,50010/250.06 miPicton Street, Montpellier2
£1,20004/240.07 miCheltenham Road, Montpelier, Bristol2
£1,45004/240.07 mi-2
£1,35005/240.07 mi-2
£1,30004/250.07 mi-2
£1,35010/250.07 mi-2
£1,45003/240.07 miCheltenham Road, Bristol, BS62
£1,35004/240.07 miCheltenham Road, Bristol, BS62
£1,35010/250.07 miCheltenham Road, Bristol, BS62
£1,60003/240.07 miWellington Lane, Montpelier2
£1,50008/250.07 mi-2
£1,50008/250.07 miCheltenham Road, Bristol, BS62
£1,30012/240.08 mi-2
£1,35005/240.08 mi-2
£1,35004/240.08 miCheltenham Road, Bristol, BS62
£1,90004/250.08 mi-2
£1,40010/250.08 mi18656279, Picton Street, Montpelier, Bristol2
£1,50004/240.08 miCheltenham Road, Stokes Croft, Bristol2
£1,50004/240.08 miCheltenham Road, Stokes Croft, Bristol2
£1,30004/240.1 mi18617507 Picton Street, Montpelier, Bristol2
£1,20004/240.1 mi18617504 Picton Street, Montpelier, Bristol2
£1,35010/250.1 mi18617507 Picton Street, Montpelier, Bristol2

Local Area Statistics

Population in BS6

33,615

Population in Bristol

795,432

Town centre distance

0.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+22%

Sales demand

Balanced market

Capital growth (5yrs)

+23%

Property History

Listed for £270,000

October 1, 2024

Floor Plans

Property image

Description

"Great location, lots of live music/art/entertainment/places to eat by Stokes Croft while being relatively quiet and peaceful to come home to. Walking distance to the centre but also easy access to the M32 by road."

Armidale Place is a purpose built residential apartment building in Montpelier, just around the corner from the ever popular Cheltenham and Gloucester Roads. Residents benefit from being within immediate reach of the colourful, independent shops that make this part of Bristol so popular with coffee shops such as The Bristolian, Emmeline, Café Kino and The Crafty Egg all within walking distance whilst local pubs such as The Cadbury, and The Star and Garter also come highly recommended. For commuters, the area is extremely well placed for a short walk or cycle into Bristol City Centre. Buses run frequently along the A38 and train transport is available across the city and to Bristol Temple Meads via nearby Montpelier train station. For those looking for access to green space, the flat is just a short walk from St Andrews Park and the Narroways Nature Reserve in St Werburghs, whilst getting out to the country via the nearby M32 or Temple Meads train station is also straightforward.

Situated in Armidale Place is this beautifully presented two bedroom apartment. The flat comprises of two double bedrooms, an open plan living room/kitchen which comes with fully integrated appliances and a separate bathroom suite. Next to the entrance is the utility cupboard, ideal for additional storage. One of the biggest selling points of this apartment is that it comes with its own allocated parking space in a secure underground car park, which also features secure bike storage.

This property is offered with no chain

Agent Details

Boardwalk Property Co, Bristol

0117 463 0220

Next Steps?

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