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Cedar Close, Patchway, Bristol BS34

South West

£225,000
Listed on 17/05/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
905 sqft

Description

This end-terraced house, situated in a quiet cul-de-sac, presents an excellent opportunity for renovation and investment. The property features three bedrooms, making it suitable for families or as a rental option, particularly given the lack of onward chain which facilitates a straightforward purchase process. On the ground floor, you will find a hallway leading to a generous lounge with large front-facing windows that allow in ample natural light. The living space offers built-in storage and opens through double doors to the kitchen/diner. The kitchen is equipped with essential appliances and provides enough space for dining, serving as a potential hub for family gatherings. A rear door leads directly to the sizable garden. Upstairs, the property comprises three well-proportioned bedrooms. Bedroom one features built-in wardrobes and an airing cupboard, while bedroom two also boasts its own built-in storage. The third bedroom, though compact, could serve a variety of purposes including a home office or nursery. A bathroom completes this level, equipped with essential fixtures and room for updates that could enhance its appeal. Outside, the property includes both front and rear gardens; the rear garden is particularly noteworthy at approximately 35ft by 18ft, offering ample outdoor space that could be transformed into a delightful retreat or play area. There's also an en-bloc garage providing additional storage or parking options. Located conveniently in Patchway, residents will benefit from proximity to local shops, schools, and various amenities. Furthermore, easy access to Cribbs Causeway shopping mall and the M5 motorway makes this location appealing for commuters and families alike. Overall, this property holds significant renovation potential and is positioned in a desirable area that could yield strong returns on investment after modernization efforts are made. Its freehold tenure adds to its attractiveness for long-term ownership or rental possibilities.

Investment Analysis

(BS34 area)

Below Market Value

This property is priced -33.6% below area average per sq ft

-33.6%
Potential saving
This Property
£249/sq ft
Area Average
£374/sq ft
Avg Rent (weekly)
£416
Avg Yield
6.4%

Renovation Potential

Est. Renovation Cost
£22,500 - £56,250
10-25% of property value
Target Value
£372,715
10% above area average per sq ft
Potential ROI
+32.5%
After renovation
Monthly Sales
23
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (BS34)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 8.7%
5 year growth: 22.1%
Investment Disclaimer: Analysis based on BS34 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

Cedar Close, Patchway, Bristol BS34
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