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 %
- Est sale value
- 212,766.40 £Increased by 112.41 %
- Average area rental value
- 1,220.00 £/moIncreased by 6.46 %
- Est letting value
- 345.40 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.01 %Decreased by 45.17 %
- Crime Rate
- 27.00 %Unchanged by 0.00 %
Agent Activity
Hollis Morgan Auctions created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Willow Park Cofe Primary School | Voluntary Controlled School | 0.58 KM | |
| Bristol Cathedral Choir School | Academy Sponsor Led | Outstanding | 0.78 KM |
| Cathedral Primary School | Free Schools | Good | 0.78 KM |
| Redcliffe Childrens Centre And Maintained Nursery School | Local Authority Nursery School | Outstanding | 1.11 KM |
| Redcliffe Children'S Centre And Maintained Nursery | Children's Centre | 1.11 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Newmarket Avenue | £ 0 | 0 | 0.00 KM |
| Newmarket Avenue | £ 0 | 0 | 0.00 KM |
| All Saints Court | £ 0 | 0 | 0.00 KM |
| High Street | £ 0 | 0 | 0.00 KM |
| Broad Street | £ 354,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bristol Temple Meads | 3231 | BRI | 1.55 KM |
| Bedminster | 3245 | BMT | 1.57 KM |
| Redland | 3247 | RDA | 1.66 KM |
| Montpelier | 3203 | MTP | 1.69 KM |
| Clifton Down | 3202 | CFN | 2.24 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| STUDIO FLAT | INVESTMENT | CITY CENTRE | £ 90,000 | BUY | 5 / 10 | 0.00 KM |
| Baldwin Street, Bristol | £ 210,000 | BUY | 5 / 10 | 0.10 KM |
| Corn Street | City Centre | £ 195,000 | BUY | 6 / 10 | 0.10 KM |
| Apollo Apartments, 30-38 Baldwin Street, Bristol | £ 200,000 | BUY | 5 / 10 | 0.11 KM |
| Apollo Apartments, 30-38 Baldwin Street, Bristol, BS1 1NR | £ 275,000 | BUY | 5 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 31 Baldwin Street | £ 300,000 | 0.08 KM |
| 2 Leonard Lane | £ 225,000 | 0.11 KM |
| 3 All Saints Court | £ 600,000 | 0.14 KM |
| 2 All Saints Court | £ 135,000 | 0.14 KM |
| 51 Broad Street | £ 225,000 | 0.15 KM |