134 North Road, St. Andrews, Bristol

Description

An imposing semi-detached bay-fronted Freehold period property with a south-facing enclosed rear garden and off-street parking space, just moments from Gloucester Road and St Andrews Park. Sold with vacant possession. The property has been successfully let as a family home and is now vacant with scope for cosmetic updating.

Accommodation

Spacious accommodation of 1,589 sq ft arranged over three floors, with a semi-open-plan kitchen diner opening onto the rear garden with utility, plus a second formal reception room. The first floor has 3 bedrooms and a family bathroom, while the top floor has been converted into the master en suite with excellent head height and natural light. The property has a south-facing enclosed rear garden and an off-street parking space.

Location

North Road is one of the premier roads in St Andrews, within easy reach of Cheltenham Road and Gloucester Road with its shops and restaurants, and close to Bristol city centre, the University of Bristol, BRI, Sefton Park, Brunel Field, Fairlawn Primary School, Fairfield and Cotham Secondary Schools. There is a nearby railway station connecting with Temple Meads and excellent public transport routes.

Tenure / Property Information

Investment Analysis

Indicative GDV range of £685,000–£750,000, based on the two most recent supplied same-road semi-detached sales from 2022 and 2023. A midpoint base GDV of £717,500 is used, although the comparables do not provide floor areas, condition or detailed accommodation for direct adjustment. The guide is £550,000+++ and the known buyer premium is £1,800 including VAT.

Investment Snapshot

Strategy Recommendation

Proceed only after confirming the auction legal pack, obtaining a measured refurbishment budget and validating achievable rent. The price gap to the indicative comparable range is attractive before costs, but the evidence is insufficient to justify a firm bid or investment strategy.

Works Required

Cosmetic updating only is supported by the description. No quantified works schedule or evidence of specific defects is supplied, so refurbishment costs cannot be estimated reliably.

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 is £538,125. This is £13,675 below the £550,000 guide plus the £1,800 buyer premium, before works and any other costs. Because refurbishment costs, finance costs and rent are unsupported, the BRRR outcome cannot be confirmed.

Buy-to-Let Analysis

The property has previously been let as a family home, but no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Rent, gross yield and BTL cash flow therefore cannot be established. At the £550,000 guide, the known purchase premium is £1,800 before any refurbishment or other costs.

Flip Analysis

The supplied evidence supports an indicative resale GDV range of £685,000–£750,000, with a £717,500 base case. Works costs and selling costs are not supplied, so a reliable flip surplus cannot be calculated. The guide is subject to a £1,800 including VAT buyer premium and is stated as £550,000+++.

Investor Risks & Due Diligence

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

• The property is described as requiring cosmetic updating, but no quantified works schedule or cost evidence is supplied.

• The comparable sales are from 2021–2023 and lack detailed accommodation and condition information for direct adjustment.

• The guide is £550,000+++ and the £1,800 buyer premium is payable on exchange, with no other auction costs supplied.

• Unknown finance, refurbishment and selling costs may materially reduce any apparent GDV margin.

Recommendation

Proceed only after confirming the auction legal pack, obtaining a measured refurbishment budget and validating achievable rent. The price gap to the indicative comparable range is attractive before costs, but the evidence is insufficient to justify a firm bid or investment strategy.

Strategy Rating

Analysis Confidence

There are several relevant same-road completed sales and clear property particulars, but the sales lack size and condition detail, rental evidence is absent, and no quantified works or selling costs are provided.