STUDIO FLAT | INVESTMENT | CITY CENTRE
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STUDIO FLAT | INVESTMENT | CITY CENTRE

By Hollis Morgan Auctions

£ 90,000

Reviews

2 out of 5 stars

Hollis Morgan Auctions says ..

Hollis Morgan - FEBRUARY LIVE ONLINE AUCTION - A Leasehold STUDIO FLAT ( 345 Sq Ft ) in the heart of the CITY CENTRE ideal as an INVESTMENT OPPORTUNITY with VACANT POSSESSION - scope for £11,100 pa

Property Oracle says ..

This studio flat located on Corn Street in Bristol city centre presents an interesting investment opportunity. Its central location is a significant advantage, offering easy access to transport, amenities, and cultural attractions. The proximity to schools is also appealing for potential tenants. The apartment itself appears to be in functional condition. While the current presentation is relatively basic, the accommodation provides a comfortable living space for a single occupant or a rental investment for a landlord. The lack of external space is expected given the central location. However, the absence of critical information regarding leasehold details, service charges, and ground rent, is of concern. Potential buyers need to investigate these factors before proceeding, as they may significantly impact the overall value and return on investment. The price point seems reasonable given the location but requires further due diligence to confirm this. The property, as currently presented, may benefit from some light cosmetic enhancements to improve its rental prospects. A professional survey is essential before committing to a purchase to accurately assess the overall property condition and potential for improvements.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
9
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
345.40

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
487,124.00 £
Increased by 94.35 %
from 250,641.00 £
Est sale value
212,766.40 £
Increased by 112.41 %
from 100,166.00 £
Average area rental value
1,220.00 £/mo
Increased by 6.46 %
from 1,146.00 £/mo
Est letting value
345.40 £/mo
Unchanged by 0.00 %
from 345.40 £/mo
Est rental Yield
3.01 %
Decreased by 45.17 %
from 5.49 %
Crime Rate
27.00 %
Unchanged by 0.00 %
from 27.00 %

Agent Activity

  • Hollis Morgan Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
Willow Park Cofe Primary SchoolVoluntary Controlled School0.58 KM
Bristol Cathedral Choir SchoolAcademy Sponsor LedOutstanding0.78 KM
Cathedral Primary SchoolFree SchoolsGood0.78 KM
Redcliffe Childrens Centre And Maintained Nursery SchoolLocal Authority Nursery SchoolOutstanding1.11 KM
Redcliffe Children'S Centre And Maintained NurseryChildren's Centre1.11 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Newmarket Avenue £ 000.00 KM
Newmarket Avenue £ 000.00 KM
All Saints Court £ 000.00 KM
High Street £ 000.00 KM
Broad Street £ 354,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Bristol Temple Meads3231BRI1.55 KM
Bedminster3245BMT1.57 KM
Redland3247RDA1.66 KM
Montpelier3203MTP1.69 KM
Clifton Down3202CFN2.24 KM

Nearby Listings

AddressPriceTypeScoreDistance
STUDIO FLAT | INVESTMENT | CITY CENTRE £ 90,000BUY5 / 100.00 KM
Baldwin Street, Bristol £ 210,000BUY5 / 100.10 KM
Corn Street | City Centre £ 195,000BUY6 / 100.10 KM
Apollo Apartments, 30-38 Baldwin Street, Bristol £ 200,000BUY5 / 100.11 KM
Apollo Apartments, 30-38 Baldwin Street, Bristol, BS1 1NR £ 275,000BUY5 / 100.11 KM

Nearby Properties

AddressPriceDistance
31 Baldwin Street £ 300,0000.08 KM
2 Leonard Lane £ 225,0000.11 KM
3 All Saints Court £ 600,0000.14 KM
2 All Saints Court £ 135,0000.14 KM
51 Broad Street £ 225,0000.15 KM