Hollis Morgan says ..
A substantial (1800sqft) HMO LICENSED four story Georgian terrace with huge potential.
Property Oracle says ..
This six-bedroom property located on Hotwell Road, Bristol, presents a mixed bag of opportunities and challenges. Situated in the sought-after Hotwells area, it benefits from an excellent location with easy access to the harbourside, Clifton, and convenient transport links. The presence of several well-regarded primary and secondary schools nearby is a definite plus. However, the property is currently in need of extensive modernisation and refurbishment. The provided images show significant clutter, outdated fixtures and fittings in the kitchen and bathrooms, and an overall appearance requiring a considerable amount of work. While it offers a substantial amount of space with six bedrooms, this potential is not currently reflected in its condition. The garden, though present, is relatively small and also requires significant improvements. The price of £580,000 may be justified by the location and number of bedrooms; however, buyers should budget for substantial renovation costs. This property would be suitable for an investor willing to undertake a full refurbishment or a buyer with the time and resources for a large-scale renovation project. It is essential to arrange a full survey to accurately determine the extent of the necessary repairs and factor that cost into any purchase decision. A potential buyer could create a wonderful family home here, but it should not be considered move-in ready.
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
- 4
- Location
- 8
- Land
- 3
- Bedrooms
- 6
- Bathrooms
- 2
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Metrics Year-on-Year
- Average area value
- 346,111.00 £Decreased by 19.68 %
- Average area rental value
- 1,474.00 £/moDecreased by 10.88 %
- Est rental Yield
- 5.11 %Increased by 10.85 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
Hollis Morgan created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hotwells Primary School | Academy Converter | Requires improvement | 0.14 KM |
| Christ Church Church Of England Primary School | Academy Converter | Good | 0.99 KM |
| Ashton Gate Primary School | Community School | Outstanding | 1.04 KM |
| Clifton High School | Other Independent School | 1.05 KM | |
| Clifton College | Other Independent School | 1.31 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Joy Hill | £ 0 | 0 | 0.00 KM |
| Windsor Place | £ 562,500 | 0 | 0.00 KM |
| Glendale | £ 0 | 0 | 0.00 KM |
| Cumberland Basin Road | £ 0 | 0 | 0.00 KM |
| Ambrose Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Clifton Down | 3202 | CFN | 1.94 KM |
| Parson Street | 3246 | PSN | 2.35 KM |
| Bedminster | 3245 | BMT | 3.17 KM |
| Redland | 3247 | RDA | 3.19 KM |
| Montpelier | 3203 | MTP | 4.14 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hotwell Road, Hotwells | £ 580,000 | BUY | 5 / 10 | 0.00 KM |
| Hotwell Road, Hotwells | £ 675,000 | BUY | 7 / 10 | 0.02 KM |
| Hotwell Road, Hotwells | £ 900,000 | BUY | 6 / 10 | 0.06 KM |
| Hotwell Road, Hotwells | £ 289,950 | BUY | 5 / 10 | 0.10 KM |
| Chapel Row | Hotwells | £ 975,000 | BUY | Unknown | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 5 Dowry Place | £ 75,000 | 0.02 KM |
| 2 Little Caroline Place | £ 190,000 | 0.05 KM |
| 289 Hotwell Road | £ 825,000 | 0.06 KM |
| 301 Hotwell Road | £ 1,150,000 | 0.06 KM |
| 293 Hotwell Road | £ 331,000 | 0.06 KM |