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Canada Way, Bristol, Somerset BS1 - Image 1
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Canada Way, Bristol, Somerset BS1

South West

£170,000
Listed on 29/12/2025

Property Details

Bedrooms
1
Type
Flat
Area
291 sqft

Description

This studio apartment, located on the ground floor of the desirable Weare Court development in Canada Way, offers a compelling opportunity for those looking to invest in the vibrant city of Bristol. Situated close to the iconic ss Great Britain and the bustling Wapping Wharf area, residents will benefit from a variety of bars, restaurants, and cafés that capture the essence of harbourside living. Although the apartment requires modernization, it is competitively priced, making it an excellent candidate for first-time buyers or savvy investors aiming to enhance its value. The layout includes a spacious open-plan reception/bedroom area, a kitchen with fitted units, and a separate bathroom equipped with a three-piece suite. Additional features comprise a private entrance and access to well-maintained communal gardens, alongside an allocated parking space right next to the property. With its prime location and significant potential for refurbishment, this studio flat represents a rare opportunity in one of Bristol’s most sought-after waterside locales.

Investment Analysis

(BS1 area)

Above Market Value

This property is priced +22.5% above area average per sq ft

+22.5%
This Property
£584/sq ft
Area Average
£477/sq ft
Avg Rent (weekly)
£456
Avg Yield
7.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£152,624
10% above area average per sq ft
Potential ROI
-21.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BS1)

Area prices are stable by +1.9% over the last 12 months
3 year growth: 12.5%
5 year growth: -1.8%
Investment Disclaimer: Analysis based on BS1 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

Canada Way, Bristol, Somerset BS1
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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
£623
Based on a loan of £127,500 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE