21 Woodland Way, Kingswood, Bristol, BS15 1QH

Description

3 bedroom semi-detached house in need of modernisation. Spacious three bedroom semi-detached house offering excellent potential for modernisation and an ideal opportunity for buyers looking to create a home to their own taste. The property offers generous and versatile accommodation throughout, together with ample off-street parking to the front and a large rear garden providing excellent outdoor space. An appealing opportunity for those seeking a substantial family home with scope for improvement in a popular residential location.

Accommodation

Please refer to floorplan for approximate room measurements and internal layout.

Location

Woodland Way is situated in the popular Kingswood area of Bristol, approximately 4 miles east of Bristol city centre. The area provides a range of local shops, schools, leisure facilities and everyday amenities, with further shopping and recreational facilities available in nearby Kingswood, Staple Hill and Fishponds. The location also offers good access to Bristol and the surrounding areas, with convenient road links providing access towards the city centre, the M4 and the wider motorway network. The property is situated within an established residential area, making it a popular location for families and owner-occupiers.

Tenure / Property Information

Investment Analysis

The supplied sold evidence on Woodland Way ranges from £330,000 to £415,000 for semi-detached properties, with a £368,000 2025 sale for a terraced property. Condition, floor area and exact accommodation of the comparables are not supplied, so the range is indicative only. A base GDV of £368,000 is used, with £330,000 as a low scenario and £415,000 as a high scenario. The £185,000 guide represents approximately 50.3% of the base GDV before works, fees and finance.

Investment Snapshot

Strategy Recommendation

Potential value-add purchase for an owner-occupier or refurbishment-led investor, subject to legal-pack review, survey and firm works quotations. Do not set a maximum bid from the supplied evidence alone.

Works Required

Modernisation is required, but the evidence does not specify individual defects, finishes or services. Obtain a survey and contractor quotations before budgeting for any works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £185,000 guide, the property has an indicative 75% refinance value of £276,000 using the £368,000 base GDV. However, the cash left in cannot be calculated because the modernisation budget and full acquisition costs are unknown. The legal pack, survey and works quotations are essential before relying on a BRRR strategy.

Buy-to-Let Analysis

The supplied rental listings advertise £1,500–£1,800 pcm, equivalent to £18,000–£21,600 annually, but these are asking rents rather than achieved rents. On the £185,000 guide alone, the indicative gross yield range is 9.73%–11.68%. A reliable total-cost or net yield cannot be established because refurbishment costs, administration costs and finance costs are not supplied.

Flip Analysis

The supplied evidence supports an indicative base GDV of £368,000, with a £330,000–£415,000 scenario range. A flip surplus cannot be calculated because refurbishment costs, full purchase costs and selling costs are not supplied. Comparable condition and specification are also unknown.

Investor Risks & Due Diligence

• Tenure and other legal details require review in the auction legal pack.

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

• The rental figures are advertised asking rents, not achieved or passing rents.

• The sold comparables vary by property type, date and price, and their condition and accommodation are not supplied.

• EPC rating E may require consideration when assessing letting or future improvement requirements.

• The £1,900 plus VAT buyer premium is payable on exchange and must be included in any final acquisition budget.

Recommendation

Potential value-add purchase for an owner-occupier or refurbishment-led investor, subject to legal-pack review, survey and firm works quotations. Do not set a maximum bid from the supplied evidence alone.

Strategy Rating

Analysis Confidence

There is useful local sold-price and rental evidence, but comparable condition, floor areas, tenure, refurbishment scope, administration costs and selling costs are not supplied.