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Whitehall Road, Redfield, Bristol BS5 - Image 1
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Whitehall Road, Redfield, Bristol BS5

South West

£395,000
Listed on 05/11/2025

Property Details

Bedrooms
14
Type
Detached house

Description

This freehold property presents a significant development opportunity in a sought-after area with convenient access to the City Centre. Currently configured as a ground floor retail unit and a self-contained flat above, it holds planning permission for conversion into a 14-bedroom house in multiple occupation (HMO) with eight bathrooms over three floors, offering substantial income potential estimated at £126,000 per annum. The design includes generous communal spaces and multiple kitchen facilities, catering to modern living demands. Beyond the current HMO proposal, there is also potential for various residential and commercial uses subject to necessary consents. The external space accommodates four parking spots along with storage for bikes and bins, enhancing its operational viability. This property not only allows for immediate renovation but also poses a lucrative investment prospect within an evolving urban landscape.

Investment Analysis

(BS5 area)
Area Average
£379/sq ft
Avg Rent (weekly)
£377
Avg Yield
5.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
58
Average per month
Market Turnover
63%
Properties sold annually

Local Market Trend (BS5)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +4.6%
5 year growth: +27.6%
Investment Disclaimer: Analysis based on BS5 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

Whitehall Road, Redfield, Bristol BS5
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,425
Based on a loan of £296,250 over 30 years at 4.06% 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.

Price History

+5.3% since listed
£395,000+£20,000(+5.3%)
19/11/2025
Current price
£375,000Initial listing
04/11/2025

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