2 X FLATS | £57K PA
HO

2 X FLATS | £57K PA

By Hollis Morgan Auctions

£ 495,000

Reviews

2 out of 5 stars

Hollis Morgan Auctions says ..

Hollis Morgan - FEBUARY LIVE ONLINE AUCTION - A Freehold INVESTMENT OPPORTUNITY comprising a BLOCK OF FLATS ( 1603 Sq Ft ) with 7 BED | 5 BATH producing £57,180 pa

Property Oracle says ..

This property is a block of flats in Brislington West, Bristol, listed at £495,000. The listing highlights the potential for significant rental income, generating an estimated £57,000 per year. This makes it an attractive proposition for investors looking for rental yield. The property boasts seven bedrooms and five bathrooms, suggesting that it could be suitable for multiple tenants or a large family. The interior is modern and well-presented, which is reflected in the quality of the photographs. However, the lack of outdoor space is a notable shortcoming and may be a key consideration for potential buyers. The location is convenient for transportation and schools, but not in a particularly prime area of Bristol. The property is being sold via auction by Hollis Morgan Auctions, indicating a slightly higher level of risk for the buyer. Overall, this property presents a mixed bag, combining strong financial performance potential with certain constraints in terms of location and lack of land, making it more suitable for investors than families or buyers prioritising outdoor space.

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
8
Location
6
Land
1
Bedrooms
7
Bathrooms
5
Sqft (est)
824.52

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
481,000.00 £
Increased by 24.43 %
from 386,553.00 £
Est sale value
442,767.24 £
Increased by 41.32 %
from 313,317.60 £
Average area rental value
1,188.00 £/mo
Decreased by 20.75 %
from 1,499.00 £/mo
Est letting value
824.52 £/mo
Unchanged by 0.00 %
from 824.52 £/mo
Est rental Yield
2.96 %
Decreased by 36.34 %
from 4.65 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Hollis Morgan Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
Prospect Education TrustMiscellaneous0.68 KM
St Philips Marsh Nursery School And Barton Hill Childrens Centre/Cashmore Early Years CentreLocal Authority Nursery SchoolGood0.85 KM
Cleve House SchoolOther Independent School0.88 KM
St Philip'S Marsh Nursery School & Barton Hill Children'S CentreChildren's Centre0.93 KM
Hillcrest Primary SchoolCommunity SchoolGood1.04 KM

Images

Flats 1 & 2, 381 Bath Road, Arnos Vale, Bristol BS Flats 1 & 2, 381 Bath Road, Arnos Vale, Bristol BS Flats 1 & 2, 381 Bath Road, Arnos Vale, Bristol BS Flats 1 & 2, 381 Bath Road, Arnos Vale, Bristol BS Flats 1 & 2, 381 Bath Road, Arnos Vale, Bristol BS Flats 1 & 2, 381 Bath Road, Arnos Vale, Bristol BS Hollis Morgan Live Online Auctions How to Register Flats 1 & 2, 381 Bath Road, Arnos Vale, Bristol BS Flats 1 & 2, 381 Bath Road, Arnos Vale, Bristol BS Flats 1 & 2, 381 Bath Road, Arnos Vale, Bristol BS Flats 1 & 2, 381 Bath Road, Arnos Vale, Bristol BS Hollis Morgan Live Online Land and Property Auctio

Nearby Streets

NameAverage PriceAverage SqftDistance
Sparke Evans Park Bridge £ 000.00 KM
Saint Phillips Greenway £ 000.00 KM
Parkside Close £ 000.00 KM
Lightbox Lane £ 000.00 KM
Kings Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lawrence Hill3225LWH1.75 KM
Bristol Temple Meads3231BRI2.13 KM
Stapleton Road3250SRD2.82 KM
Bedminster3245BMT3.42 KM
Montpelier3203MTP4.04 KM

Nearby Listings

AddressPriceTypeScoreDistance
2 X FLATS | £57K PA £ 495,000BUY5 / 100.00 KM
RESI INVESTMENT | £66,600 PA £ 500,000BUY6 / 100.01 KM
Bath Road, Arnos Vale, Bristol £ 270,000BUY5 / 100.07 KM
Bath Road, Brislington, Bristol, BS4 £ 195,000BUY6 / 100.10 KM
Chatsworth Road, Arnos Vale, Bristol £ 375,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
39 Edward Road £ 275,0000.08 KM
41 Edward Road £ 320,0000.08 KM
13 Edward Road £ 239,9500.08 KM
7 Edward Road £ 170,6660.08 KM
29 Edward Road £ 202,5000.08 KM