1 bedroom flat for sale

£250,000 Guide Price

1

Bedrooms

1

Bathrooms

Floorplan

Upon entry, you are greeted by the hallway, which in-turn leads to the shower room, bedroom and the welcoming open-plan reception area that exudes a sense of light and space, thanks to its impressive triple aspect design. Natural sunlight streams through expansive windows, highlighting the immaculate finishes and creating a warm atmosphere throughout the day. The contemporary layout is enhanced by seamless bi-fold doors that open directly onto a large private roof terracea stunning feature perfect for alfresco dining, entertaining guests, or simply admiring the panoramic views. From this exceptional vantage point, enjoy uninterrupted vistas of Ashton Courts rolling parkland and the iconic Clifton Suspension Bridge, setting a scene that is both picturesque and inspiring.

The kitchen, thoughtfully integrated within the open-plan space, features stylish fitted appliances which blend effortlessly into the modern design. Sleek cabinets, ample countertop space, and high-quality fittings create an environment ideal for everyday cooking and hosting friends. Whether preparing a quick breakfast before work or enjoying a leisurely brunch at the weekend, this kitchen meets the highest standards of functionality and design.

The spacious double bedroom offers a peaceful retreat, benefitting from ample room for storage and a relaxing atmosphere that encourages rest and rejuvenation. Designed with comfort in mind, it serves as the perfect haven after a busy day in the city.

The shower room is equally impressive, boasting a large shower enclosure that provides a spa-like experience at home. Finished with contemporary tiling and modern fixtures, this space is tailored for relaxation and practicality.

One of this propertys most distinctive features is the expansive roof terrace, significantly larger than typically found in city centre flats. This outdoor space is undoubtedly a highlight, providing ample room for outdoor furniture and plants, and offering captivating views that will quickly become the backdrop to everyday living. It is a rare find that truly sets this property apart.

Located within easy reach of vibrant local shops, cafes, and restaurants, as well as major commuter routes, the flat caters to a variety of lifestyles. The proximity to public green spaces and parks, coupled with excellent transport connections, ensures that both tranquillity and urban vibrancy are close at hand.

Ideal for those embarking on their property journey or seeking a sound investment, this flat combines contemporary style, exceptional outdoor space, and an enviable location. Early viewing is highly recommended to fully appreciate the unique features and lifestyle opportunities this home affords.
Contact us today to arrange your personal viewing and discover the outstanding appeal of this remarkable city flat.

SITUATION

Located within walking distance of the popular a vibrant North Street and its array of cafs and bars, this home will no doubt appeal to first time byers and property investors alike.

Bristol is famed for its growing reputation within the business sector and is home to a number of large employers including Rolls-Royce and the MOD.

The diverse culture within the city makes it an ideal destination for dining out, with a number of high-quality restaurants and brasseries within the Clifton area and throughout the city. The city is also home to a number of iconic landmarks including Brunels Clifton Suspension Bridge and the impressive SS Great Britain. The Bristol International Balloon Fiesta is held annually at the Ashton Court estate and attracts balloonists and spectators from all corners of the world.

Bristol also boasts a modern shopping centre in the heart of the city, Cabot Circus which offers a broad spectrum of shops and dining facilities. On the northern side of the city just off junction 17 of the M5 is the regional shopping centre Cribbs Causeway, again offering a plethora of shops, restaurants, and leisure facilities.

The Heritage city of Bath is also within easy reach of the property. Famed for its Georgian architecture Bath is home to the Roman Baths and is a popular destination for locals and tourists. The city also boasts a racecourse for the racing enthusiasts.

The M4 and M5 motorways are within easy reach, mainline rail connections to London Paddington are offered at Parson Street Station. For those looking to travel further afield, Bristol International Airport is a mere 7 miles away and offers regular domestic and international flights.

GENERAL

Tenure Leasehold, balance of 999 years remaining, 2,337.44 p.a. annual service charge. Services - Mains water, mains gas, mains electricity. Postcode BS3 2AF. Energy Performance Certificate C Viewings - Strictly by appointment with the Vendors agent Northwood.

EPC rating: C. Tenure: Leasehold, Length of lease (remaining): 989 years 6 months,

Map location is not available for this property.

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 208950

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 6250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 21450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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