12, Ramsey Road, Horfield, Bristol, BS7 0JF

Description

Spacious 3 double bedroom Victorian house in need of some updating. An attractive double-bay Victorian terraced house in Horfield, Bristol, offering two reception rooms, three double bedrooms, two bathrooms and a private rear garden. The property is described as suitable for families or investors.

Accommodation

Two reception rooms, three double bedrooms, two bathrooms and a private rear garden. Refer to the floorplan for approximate room measurements and internal layout.

Location

A residential street in north Bristol in the Horfield area, between Gloucester Road and Filton Avenue. The location is within easy reach of Gloucester Road, Horfield Common, Bristol city centre, local shops, cafés, restaurants, pubs, schools, everyday amenities, public transport links and road connections to the M4 and M5 motorway networks.

Tenure / Property Information

Investment Analysis

Same-street completed sales range from £340,500 to £468,000. The two most recent sales were £397,500 in January 2025 and £437,000 in February 2025. Older evidence includes £460,500, £468,000 and £340,500. Given the subject property is also a three-bedroom terraced house but is described as needing updating, £437,000 is used as the base GDV, with £397,500 as a low scenario and £468,000 as a high scenario. No floor-area, condition-comparison or tenure evidence is provided.

Investment Snapshot

Strategy Recommendation

Proceed only as a value-led refurbishment opportunity after verifying tenure, legal pack, condition and contractor costs. Do not rely on the apparent GDV spread until the full project budget and resale costs are known.

Works Required

General updating is indicated by the description, but no specific defects or scope are supplied. Obtain a full survey, contractor quotations and confirmation of the condition of the two bathrooms, kitchen, finishes, services and external areas before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the base GDV, a 75% refinance scenario equates to £327,750. A meaningful BRRR calculation cannot be completed because refurbishment costs, total acquisition costs beyond the £2,280 buyer premium, finance costs and rent are not supplied.

Buy-to-Let Analysis

BTL performance cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is provided. The property is described as suitable for investors, but achievable rent, operating costs, finance costs and the refurbishment budget remain unknown.

Flip Analysis

The evidence indicates a potential value gap between the £295,000 guide and the comparable-sale range, but the project cost cannot be quantified. A reliable flip surplus and maximum bid therefore cannot be calculated. The buyer premium is £2,280 including VAT, with no other acquisition or selling costs supplied.

Investor Risks & Due Diligence

• Refurbishment scope and cost are not quantified.

• No rental evidence is available, so BTL yield cannot be established.

• Tenure and lease information are blank.

• No floor-area or detailed condition comparison is provided against the sold comparables.

• The guide price is not a maximum bid and the bidding deposit requirement may affect short-term liquidity.

• Finance, legal, selling and other transaction costs are not supplied.

Recommendation

Proceed only as a value-led refurbishment opportunity after verifying tenure, legal pack, condition and contractor costs. Do not rely on the apparent GDV spread until the full project budget and resale costs are known.

Strategy Rating

Analysis Confidence

There are several same-street completed sales and a stated guide price, but tenure, condition detail, floor area, rent, refurbishment costs and wider transaction costs are missing.