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107 Lower Cheltenham Place, Bristol, Avon
Marketed by:
Auction House London
1a, 5 Hampstead Gate, London NW3 6AL, UK
020 7625 9007
Vacant 2-Bedroom Freehold Terraced House
107 Lower Cheltenham Place, Bristol, Avon
For Sale
£180,000+
• 2 Bedrooms
• Terraced House
• Freehold
• Vacant
• Current Rating C
Description
A Vacant Two Bedroom Mid Terrace House in Need of Modernisation. Potential for Rear Extension (Subject to Obtaining all Relevant Consents)
Accommodation
Ground Floor: Two Reception Rooms, Kitchen. First Floor: Two Bedrooms, Bathroom. Exterior: Rear garden.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Mina Road Park are within easy reach. Transport links are provided by Montpelier rail station.
Tenure / Property Information
Tenure |
Freehold |
Occupancy |
Vacant |
EPC |
Current Rating C |
Services |
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. |
Investment Analysis
Same-street sold evidence ranges from £302,500 to £450,000, with the latest supplied sale at £450,000 in January 2021. A base GDV of £400,000 is used as an indicative estimate, but sale dates, sizes and condition are not provided and the subject requires modernisation.
Investment Snapshot
Guide Price |
£180,000+ (plus fees) |
HB Estimated GDV |
£400,000 |
Strategy Recommendation
Undertake full inspection, obtain refurbishment quotes and review the legal pack before bidding. Do not rely on the indicative GDV without confirming condition, size and resale comparability.
Works Required
Modernisation of the vacant two-bedroom house. The precise works and costs require inspection and contractor pricing. Investigate the feasibility and consents for any rear extension.
Rental & Market Context
|
No sufficiently specific external rental comparable identified. |
|
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
117a, Lower Cheltenham Place, Bristol, City Of Bristol, Bs6 5la |
£450,000 |
|
89, Lower Cheltenham Place, Bristol, City Of Bristol, Bs6 5la |
£380,000 |
|
103, Lower Cheltenham Place, Bristol, City Of Bristol, Bs6 5la |
£370,000 |
|
91, Lower Cheltenham Place, Bristol, City Of Bristol, Bs6 5la |
£380,000 |
|
83, Lower Cheltenham Place, Bristol, City Of Bristol, Bs6 5la |
£302,500 |
Potential BRRR Position
Base GDV |
£400,000 |
75% Refinance |
£300,000 |
A potential BRRR structure exists if the property can be modernised and the indicative GDV is achieved. However, refurbishment cost, rent, finance costs and total project cost are unavailable, so cash required and refinancing viability cannot be calculated.
Buy-to-Let Analysis
No sufficiently specific rental evidence or auctioneer rent estimate is supplied, so rent and yield cannot be established. The vacant status also means there is no passing rent.
Flip Analysis
The supplied comparable evidence indicates a broad £370,000–£450,000 value range, with a £400,000 base estimate. Flip profitability cannot be calculated because refurbishment, selling and other project costs are unsupported.
Investor Risks & Due Diligence
• Modernisation scope and cost are unknown.
• The rear extension is only potential and requires all relevant consents.
• Historic comparable sales may not reflect current value or the subject property's condition.
• No reliable rental evidence is available.
• Legal-pack disbursements may become payable in addition to the stated £1,800 administration charge.
Recommendation
Undertake full inspection, obtain refurbishment quotes and review the legal pack before bidding. Do not rely on the indicative GDV without confirming condition, size and resale comparability.
Strategy Rating
HB Rating |
★★☆☆☆ |
Analysis Confidence
Confidence |
Low-Medium |
There is useful same-street sold evidence, but it is historic and lacks comparable sizes, specifications and condition. No rent, refurbishment cost or selling-cost evidence is supplied.
Auction Details :
Auction House London
Auction Date :
11/11/26
Lot Number :
012
Property Location:
107 Lower Cheltenham Place, Bristol, Avon
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