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
- 395,175.00 £Increased by 7.63 %
- Est sale value
- 351,245.52 £Increased by 37.86 %
- Average area rental value
- 1,615.00 £/moDecreased by 17.69 %
- Est letting value
- 824.52 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.90 %Decreased by 23.56 %
- 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 | 0.93 KM | |
Hillcrest Primary School | Community School | Good | 1.04 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Lightbox Lane | £ 0 | 0 | 0.00 KM |
Kings Road | £ 0 | 0 | 0.00 KM |
The Hill | £ 315,833 | 0 | 0.00 KM |
Copse Road | £ 475,000 | 0 | 0.00 KM |
River Road | £ 350,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Lawrence Hill | 3225 | LWH | 1.75 KM |
Bristol Temple Meads | 3231 | BRI | 2.13 KM |
Stapleton Road | 3250 | SRD | 2.82 KM |
Bedminster | 3245 | BMT | 3.42 KM |
Montpelier | 3203 | MTP | 4.04 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
2 X FLATS | £57K PA | £ 495,000 | BUY | 5 / 10 | 0.00 KM |
2 X FLATS | £57K PA | £ 495,000 | BUY | 5 / 10 | 0.00 KM |
Bath Road, Arnos Vale, Bristol | £ 270,000 | BUY | 5 / 10 | 0.07 KM |
Edward Road, Arnos Vale, Bristol, BS4 3ES | £ 400,000 | BUY | Unknown | 0.10 KM |
Chatsworth Road, Brislington, Bristol, BS4 | £ 430,000 | BUY | Unknown | 0.11 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
31 Edward Road | £ 410,000 | 0.08 KM |
25 Edward Road | £ 320,000 | 0.08 KM |
27 Edward Road | £ 55,000 | 0.08 KM |
11 Edward Road | £ 307,000 | 0.08 KM |
41 Edward Road | £ 320,000 | 0.08 KM |