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113 Beaufort Road, St. George, Bristol, Bristol BS5 8EG - Image 1
113 Beaufort Road, St. George, Bristol, Bristol BS5 8EG - Image 2
113 Beaufort Road, St. George, Bristol, Bristol BS5 8EG - Image 3
113 Beaufort Road, St. George, Bristol, Bristol BS5 8EG - Image 4
113 Beaufort Road, St. George, Bristol, Bristol BS5 8EG - Image 5

113 Beaufort Road, St. George, Bristol, Bristol BS5 8EG

South West

£420,000
Listed on 28/11/2023

Property Details

Bedrooms
5
Type
Semi-detached house
Area
1205 sqft

Description

This property is an end-of-terrace Victorian house that offers substantial potential for investors or individuals seeking to capitalize on a prime location. Currently configured as a five-bedroom House in Multiple Occupation (HMO), it features two self-contained studio units on the ground floor, each with en-suite shower rooms, alongside a communal kitchen. The first floor accommodates three additional bedrooms and a bathroom, providing functional living space. The property is situated on a corner lot at the intersection of Beaufort Road and Sherbourne Street, enhancing its accessibility and exposure. A courtyard-style garden at the rear offers outdoor space with vehicular access from Sherbourne Street, making it suitable for further development opportunities. Notably, the property carries historic planning permission to convert into two self-contained flats, presenting a unique avenue for increased rental income or resale value after renovation. Local amenities are conveniently located just a short distance away along Church Road (A420), while Bristol City Centre lies approximately 2.2 miles from the property. This proximity ensures easy access to diverse shops, services, and public transport links, including connections to Bristol Temple Meads railway station. In terms of current use, the property generates steady rental income with existing tenants in place. While generally in good condition with double glazing throughout, there remains room for enhancement through strategic renovations that could yield higher returns. Additionally, all tenancies are periodic with some potential for rent arrears; prospective buyers should refer to the legal pack for detailed tenancy information. Overall, this property represents an appealing investment opportunity within a sought-after location, balancing immediate rental returns with future development potential.

Investment Analysis

(BS5 area)

Below Market Value

This property is priced -6.7% below area average per sq ft

-6.7%
Potential saving
This Property
£349/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£361
Avg Yield
5.6%

Renovation Potential

Est. Renovation Cost
£42,000 - £105,000
10-25% of property value
Target Value
£495,074
10% above area average per sq ft
Potential ROI
-5.7%
After renovation
Monthly Sales
49
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (BS5)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 8.9%
5 year growth: 35.3%
Investment Disclaimer: Analysis based on BS5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

113 Beaufort Road, St. George, Bristol, Bristol BS5 8EG
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