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6 Newbridge Road, Bristol, Avon, BS4 4DH

Marketed by:

Auction House London

Auction House London

1a, 5 Hampstead Gate, London NW3 6AL, UK

020 7625 9007

For Sale

Vacant Two-Bedroom Freehold Terraced House

6 Newbridge Road, Bristol, Avon, BS4 4DH

For Sale

£100,000+

• 2 Bedrooms


• Terraced House


• Freehold


• Vacant


• Current Rating D

Description


A Vacant Two Bedroom Mid Terrace House in Need of Modernisation. The property comprises a two bedroom mid terrace house arranged over ground and first floors. The property requires structural repairs.


Accommodation


Ground Floor: Reception Room, 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 Netham Park Pavilion are within easy reach. Transport links are provided by Lawrence Hill rail station.


Tenure / Property Information


Tenure

Freehold

Occupancy

Vacant

EPC

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.


Investment Analysis


The only same-road completed sales supplied are historical: £115,000 in 2019 and £96,000 in 2016 for No. 4, plus 2013 sales including No. 6 at £78,000. These are insufficient to establish a current GDV, particularly given the stated structural repairs and need for modernisation. The £100,000+ guide is before fees and should not be treated as market value.


Investment Snapshot


Guide Price

£100,000+ (plus fees)


Strategy Recommendation


Do not bid on the current evidence unless the legal pack, structural assessment, refurbishment budget and current comparable evidence support a sufficiently large margin.


Works Required


Obtain structural assessment and complete the required structural repairs. Modernise the property as supported by the description; the evidence does not specify particular defects, materials or finishes.


Rental & Market Context


No sufficiently specific external rental comparable identified.


Sold Comparables


The following completed sales were identified within approximately 5 miles:


4, Newbridge Road, Bristol, City Of Bristol, Bs4 4dh
2019-05-14 · Terraced · Freehold

£115,000

4, Newbridge Road, Bristol, City Of Bristol, Bs4 4dh
2016-07-07 · Terraced · Freehold

£96,000

6, Newbridge Road, Bristol, City Of Bristol, Bs4 4dh
2013-08-27 · Terraced · Freehold

£78,000

8, Newbridge Road, Bristol, City Of Bristol, Bs4 4dh
2013-07-11 · Terraced · Freehold

£81,000

10, Newbridge Road, Bristol, City Of Bristol, Bs4 4dh
2013-07-10 · Terraced · Freehold

£66,000


Potential BRRR Position


BRRR feasibility cannot be established without a current GDV, structural repair budget, rental evidence and full acquisition costs. The known £1,800 administration charge is payable in addition to the purchase price, with possible further special-condition costs.


Buy-to-Let Analysis


A BTL assessment cannot be quantified because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Structural repair costs and additional auction disbursements are also unknown.


Flip Analysis


A flip appraisal cannot be quantified. The supplied completed sales are dated and do not provide a reliable current resale value; structural repairs, modernisation costs and selling costs are unknown.


Investor Risks & Due Diligence


• Stated structural repairs may be substantial and are unquantified.


• The property requires modernisation, but no refurbishment specification or budget is supplied.


• No sufficiently specific rental comparable or passing rent is available.


• Special-condition fees, disbursements and sellers’ legal costs may be payable in addition to the known £1,800 administration charge.


• Supplied comparable sales are historical and cannot establish current market value.


Recommendation


Do not bid on the current evidence unless the legal pack, structural assessment, refurbishment budget and current comparable evidence support a sufficiently large margin.


Strategy Rating


HB Rating

★☆☆☆☆


Analysis Confidence


Confidence

Low


No current GDV evidence, rental evidence or quantified structural/refurbishment costs are supplied; additional auction costs are also uncertain.


Auction Details : 

Auction House London

Auction Date : 

11/11/26

Lot Number : 

027A

Tradelend Limited
Tradelend Limited

Bridging Finance, Development Finance

0203 886 2530

Tiger Financial
Tiger Financial

Bridging Finance, Development Finance

020 7965 7261

Tuscan Capital
Tuscan Capital

Bridging Finance

020 7846 9030

UK Bridging Loans Ltd
UK Bridging Loans Ltd

Bridging Finance

0116 366 6338

Ultimate Finance
Ultimate Finance

Bridging Finance

0800 121 7757

Property Location:

6 Newbridge Road, Bristol, Avon, BS4 4DH

  • BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.

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Travis Perkins
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Builders Merchant

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01275 857299
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