RESI INVESTMENT | £66,600 PA
By Hollis Morgan Auctions
£ 500,000
Reviews
3 out of 5 stars
Hollis Morgan Auctions says ..
Hollis Morgan - JUNE LIVE ONLINE AUCTION - A Freehold INVESTMENT OPPORTUNITY comprising a 3 BED FLAT + 4 BED MAISONETTE ( 1523 Sq Ft ) both FULLY LET producing £66,600 pa
Property Oracle says ..
The property is a 7-bedroom, 5-bathroom house located on Bath Road in Brislington West, Bristol. It has a total area of 1,525.25 sqft and is listed at £500,000. The average house price in the area is £395,175, with an average size of 926 sqft and an average price per sqft of £426. This property is significantly larger than average. The property appears to have undergone recent renovations, presenting a modern interior. The images show a clean, updated kitchen and bathrooms, and bedrooms with modern fixtures. The property’s exterior, while situated in a row of terraced houses, appears well-maintained. While the plot size is listed as 0.00 sqft, the aerial images show a small yard/rear garden area. The lack of precise plot size data makes it difficult to definitively assess the amount of land available. The location benefits from proximity to several schools, including Hillcrest Primary School (rated ‘Good’ by Ofsted) and several other schools within a 1km radius. There are also several train stations within a reasonable distance, providing good transport links. Considering the property’s size (significantly larger than average for the area), modern condition, and relatively convenient location near schools and transport links, the list price of £500,000 is arguably on the higher end of the market value, but not unreasonable given the number of bedrooms and bathrooms. However, the lack of precise plot size information makes a definitive price assessment challenging. Further investigation into the specific details of the property and local comparable sales would be beneficial to confirm the value.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 9
- Location
- 7
- Land
- 3
- Bedrooms
- 7
- Bathrooms
- 5
- Sqft (est)
- 1,525.25
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 %
- Est sale value
- 819,059.25 £Increased by 41.32 %
- Average area rental value
- 1,188.00 £/moDecreased by 20.75 %
- Est letting value
- 1,525.25 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.96 %Decreased by 36.34 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Hollis Morgan Auctions created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Prospect Education Trust | Miscellaneous | 0.68 KM | |
| St Philips Marsh Nursery School And Barton Hill Childrens Centre/Cashmore Early Years Centre | Local Authority Nursery School | Good | 0.85 KM |
| Cleve House School | Other Independent School | 0.88 KM | |
| St Philip'S Marsh Nursery School & Barton Hill Children'S Centre | Children's Centre | 0.92 KM | |
| Hillcrest Primary School | Community School | Good | 1.04 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sparke Evans Park Bridge | £ 0 | 0 | 0.00 KM |
| Saint Phillips Greenway | £ 0 | 0 | 0.00 KM |
| Lightbox Lane | £ 0 | 0 | 0.00 KM |
| Parkside Close | £ 0 | 0 | 0.00 KM |
| Kings Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lawrence Hill | 3225 | LWH | 1.74 KM |
| Bristol Temple Meads | 3231 | BRI | 2.13 KM |
| Stapleton Road | 3250 | SRD | 2.81 KM |
| Bedminster | 3245 | BMT | 3.42 KM |
| Montpelier | 3203 | MTP | 4.03 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| RESI INVESTMENT | £66,600 PA | £ 500,000 | BUY | 6 / 10 | 0.00 KM |
| 2 X FLATS | £57K PA | £ 495,000 | BUY | 5 / 10 | 0.01 KM |
| Bath Road, Arnos Vale, Bristol | £ 270,000 | BUY | 5 / 10 | 0.07 KM |
| Bath Road, Brislington, Bristol, BS4 | £ 195,000 | BUY | 6 / 10 | 0.10 KM |
| Chatsworth Road, Arnos Vale, Bristol | £ 375,000 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 Edward Road | £ 170,666 | 0.07 KM |
| 41 Edward Road | £ 320,000 | 0.07 KM |
| 39 Edward Road | £ 275,000 | 0.07 KM |
| 25 Edward Road | £ 320,000 | 0.07 KM |
| 33 Edward Road | £ 197,000 | 0.07 KM |