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Melrose Avenue, Yate

South West

£395,000
Listed on 30/10/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1084 sqft

Description

This 1950s four-bedroom semi-detached home presents a notable opportunity for those looking to invest in a property with renovation potential. Nestled on an expansive plot, the house provides a solid foundation for customization, allowing you to transform it into your dream family residence. The interior is ready for modernization, offering a blank slate ideal for personal touches and improvements. Located on Broadway within the desirable "The Ridge" area of Yate, this home benefits from its proximity to essential amenities. The Ridge is conveniently positioned between Chipping Sodbury and Yate Shopping Centre, ensuring easy access to various transport routes. Families will appreciate the close proximity to local schools, including Broadway Infant School and The Ridge Primary School, while secondary educational institutions are just a short walk away. Yate itself is approximately 11.3 miles north of Bristol's city center and features abundant shopping options, leisure facilities, and dining establishments. Entering the property, you are greeted by a hallway that leads to various ground-floor rooms. The spacious dining room at the front boasts a bay window that fills the space with natural light—an ideal setting for gatherings or family meals. To the rear lies a comfortable lounge that overlooks the generous garden, creating a perfect retreat for relaxation. Adjacent to the lounge is the kitchen, which offers ample room for modern fittings and appliances; it also has direct access to an outhouse leading out into the garden. A convenient downstairs shower room adds practical value to this level of the home. Upstairs, you'll find four well-proportioned bedrooms along with a family bathroom equipped with necessary amenities including a bath, wash basin, and WC. An accessible loft space on the landing provides additional storage or potential for conversion. Outside, the property features a stone-laid driveway suitable for multiple vehicles along with an outhouse situated at the side. The sizable rear garden is primarily laid to lawn and presents significant opportunities for expansion—both sideways and at the back—and could potentially accommodate a garage build (subject to planning approval). With its central location and ample space both inside and out, this property stands as a promising investment for anyone looking to craft their perfect home in Yate.

Investment Analysis

(BS37 area)

Above Market Value

This property is priced +1.4% above area average per sq ft

+1.4%
This Property
£364/sq ft
Area Average
£359/sq ft
Avg Rent (weekly)
£317
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£428,489
10% above area average per sq ft
Potential ROI
-5.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (BS37)

Area prices are falling by +3.1% over the last 12 months
3 year growth: -2.1%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on BS37 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Melrose Avenue, Yate
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,447
Based on a loan of £296,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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