Flat 1, 34 Sussex Place, St Pauls, Bristol, BS2 9QW

Description

A one bedroom lower ground floor flat. Forming part of a three storey block. Presented in clean decorative order. Vacant.

Accommodation

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

Location

Located on Sussex Place, accessed off Lower Ashley Road. A variety of shops, restaurants and pubs are available close by in the centre of Bristol. The recreational amenities of Mina Road Park and St Agnes Park are located nearby. Road links via the M32. Transport Montpelier - GWR. Bristol Temple Meads - CrossCountry, GWR, Transport for Wales.

Tenure / Property Information

Investment Analysis

The strongest evidence is 30D Sussex Place, the same postcode, sold for £195,000 on 9 March 2026. Other Sussex Place sales range from £190,000 to £282,600, but their bedroom count, size, floor, condition and specification are not supplied, so they are not reliably comparable. A base GDV of £195,000 is therefore only an indicative estimate, not a formal valuation.

Investment Snapshot

Strategy Recommendation

Do not set a bid or select a strategy from the supplied evidence alone. Treat the £195,000 GDV as provisional and obtain rent, legal-pack, lease, condition and all-in cost evidence before considering BTL, BRRR or a flip.

Works Required

The flat is described as being in clean decorative order, so no specific works are evidenced. Confirm condition, services, lease terms and any communal or lower-ground-floor issues through the legal pack and inspection before allocating a refurbishment budget.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A notional 75% refinance of the £195,000 base GDV would be £146,250, but total project cost cannot be calculated because refurbishment costs and buyer or administrative fees are not supplied. BRRR cash extraction and viability are therefore unconfirmed.

Buy-to-Let Analysis

BTL assessment cannot be completed because no sufficiently specific rental evidence or auctioneer rent estimate is provided. Gross yield, operating costs and cash flow are therefore unsupported. The £110,000 guide cannot be judged against rent on the supplied evidence.

Flip Analysis

The indicative £195,000 GDV is based mainly on one same-postcode sale, with material uncertainty because comparable property details are missing. A flip surplus cannot be calculated without supported works, acquisition costs and selling costs.

Investor Risks & Due Diligence

• GDV comparability is uncertain because the sold comparables' bedroom count, floor, size, condition and specification are not supplied.

• No rental evidence or auctioneer rent estimate is available, preventing yield and cash-flow analysis.

• Refurbishment requirements and costs are not evidenced beyond the description of clean decorative order.

• Buyer premium, administration charge, other fees, council tax, parking and heating information are not supplied.

• The property is lower ground floor, which requires specific inspection and legal-pack review.

• The new 999-year lease and its terms require confirmation from the legal pack.

Recommendation

Do not set a bid or select a strategy from the supplied evidence alone. Treat the £195,000 GDV as provisional and obtain rent, legal-pack, lease, condition and all-in cost evidence before considering BTL, BRRR or a flip.

Strategy Rating

Analysis Confidence

There is one recent same-postcode completed sale and several older sales, but bedroom, size and specification comparisons are unavailable; rent, works, fees and several property details are also missing.