Richard Harding says ..
A SUPERB HIGH YIELDING INVESTMENT PROPERTY - a ready-made investment property, already let for the 2025/2026 academic year at £49,500 p.a. (a 7.07% return at the guide price). Further benefiting from off road parking and a south easterly facing courtyard rear garden. Prime location for ...
Property Oracle says ..
This five-bedroom property on Fairview Drive in Redland, Bristol, presents a mixed bag. The location is undeniably strong. Redland is a sought-after area with excellent schools like Redland Green School and Cotham School in close proximity, alongside convenient transport links to Bristol Temple Meads and other key locations. The area is well-regarded for its family-friendly atmosphere and attractive housing stock.
However, the property itself appears to be in need of some modernisation. While clean and functional, the current interior design and fixtures give it a dated look. The kitchen and bathrooms, while functional, lack the high-end finishes often found in properties at this price point in Redland. The small rear garden is a further consideration; while it offers some outdoor space, its size and current condition are not exceptional.
The list price seems reasonable considering the location and number of bedrooms, but might be slightly high when accounting for the required modernisation. Comparable properties in the surrounding streets exhibit a variety of prices, underscoring the market’s dynamism in this location and suggesting that this property’s price is closer to the upper end of what this size and condition would achieve. In summary, this property offers a fantastic location and potential, but buyers should factor in the costs of modernisation and updating to make it fully align with the asking price in the competitive Redland market.
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
- 5
- Location
- 8
- Land
- 2
- Bedrooms
- 5
- Bathrooms
- 2
- Sqft (est)
- 1,238.93
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
- 533,333.00 £Increased by 2.35 %
- Est sale value
- 406,369.04 £Decreased by 37.28 %
- Average area rental value
- 1,689.00 £/moDecreased by 10.11 %
- Est letting value
- 1,238.93 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.80 %Decreased by 12.24 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Richard Harding created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Redland Green School | Academy Converter | Outstanding | 0.47 KM |
| Cotham Gardens Primary School | Academy Converter | Good | 0.57 KM |
| Cotham School | Academy Converter | Good | 0.57 KM |
| Ss Peter And Paul Rc Primary School | Voluntary Aided School | Outstanding | 0.60 KM |
| North Bristol Post 16 Centre | Sixth Form Centres | 0.70 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Clarendon Road | £ 0 | 0 | 0.00 KM |
| Old School Close | £ 585,000 | 0 | 0.00 KM |
| Kenilworth Road | £ 0 | 0 | 0.00 KM |
| Cotham Lawn Road | £ 350,000 | 0 | 0.00 KM |
| Salisbury House | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Redland | 3247 | RDA | 0.44 KM |
| Clifton Down | 3202 | CFN | 1.06 KM |
| Montpelier | 3203 | MTP | 1.59 KM |
| Bristol Temple Meads | 3231 | BRI | 3.24 KM |
| Bedminster | 3245 | BMT | 3.32 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Alexandra Park | Redland | £ 825,000 | BUY | Unknown | 0.08 KM |
| Roslyn Road, Redland, Bristol | £ 775,000 | BUY | Unknown | 0.09 KM |
| Roslyn Road, Bristol, BS6 | £ 725,000 | BUY | 6 / 10 | 0.09 KM |
| Fernbank Road, Redland, Bristol, BS6 6PX | £ 620,000 | BUY | 7 / 10 | 0.10 KM |
| GARDEN MAISONETTE | REDLAND | £ 210,000 | BUY | 7 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 Fairview Drive | £ 456,000 | 0.01 KM |
| 6 Fairview Drive | £ 640,000 | 0.01 KM |
| 2 Fairview Drive | £ 450,000 | 0.01 KM |
| 8 Fairview Drive | £ 370,000 | 0.01 KM |
| 27 Fernbank Road | £ 160,000 | 0.05 KM |