16D Bellevue, Clifton, Bristol, BS8 1DB

Description

A one bedroom second floor flat forming part of a Grade II listed Georgian terrace. The property is in need of modernisation and is vacant.

Accommodation

Second Floor - Entrance Hallway, Reception Room, Kitchen, Bedroom, Bathroom/WC.

Location

Situated in the suburb of Clifton, with access to Clifton Village, Clifton Suspension Bridge, Observatory and The Downs. Transport links include Clifton Down - GWR and Redland - GWR.

Tenure / Property Information

Investment Analysis

The supplied completed sales on Bellevue range from £330,000 to £382,000, but the evidence does not provide their bedroom counts, floor areas, condition, lease terms or other specifications. They therefore cannot support a reliable GDV for this one-bedroom flat. The £185,000 guide is not a valuation and excludes an unspecified buyer fee. A new 990-year lease is stated, but other lease and legal-pack details are unavailable.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, confirm the full buyer and seller charges, establish the modernisation scope and obtain property-specific GDV and rental evidence before considering BTL, BRRR or a flip.

Works Required

Modernisation is required, but no specific defects, specification or scope are evidenced. Confirm the required works, listed-building constraints and EPC F improvement requirements before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed because the post-works value, refurbishment cost, rent and total acquisition costs are unsupported. The new 990-year lease may be relevant, but the remaining legal and lease terms require review.

Buy-to-Let Analysis

No sufficiently specific rental comparable or auctioneer rent estimate is supplied, so rent, yield and BTL viability cannot be established. Buyer fees, possible VAT and other charges are also unknown.

Flip Analysis

The supplied Bellevue sales provide contextual evidence only because their specifications and condition are not given. Without a supported GDV, works budget and selling-cost allowance, flip profitability cannot be calculated.

Investor Risks & Due Diligence

• Grade II listed status may constrain or complicate modernisation works.

• EPC rating F may require improvement works and associated expenditure.

• The buyer fee is unspecified and VAT or other seller charges may apply.

• No rental evidence is available to support income or yield assumptions.

• The sold comparables lack bedroom, size, condition and lease-detail information.

• The property is vacant and described as needing modernisation, but the extent and cost of works are unknown.

• The new 990-year lease is stated, but full lease and legal-pack terms have not been supplied.

Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, confirm the full buyer and seller charges, establish the modernisation scope and obtain property-specific GDV and rental evidence before considering BTL, BRRR or a flip.

Strategy Rating

Analysis Confidence

Completed sales are supplied, but their specifications are absent; there is no rental evidence, works budget, buyer fee, other-cost schedule or detailed legal-pack information.