2 bedroom flat for sale

£260,000 Guide Price

2

Bedrooms

1

Bathrooms

Floorplan

Nestled in the heart of one of Bristols most desirable residential enclaves, this presents a rare opportunity to acquire a beautifully appointed home in a tranquil, tree-lined setting. Set within a well-maintained mid-century development of just eight residences, this elegant two-bedroom ground floor flat offers generous proportions, tasteful finishes, and an enviable lifestyle surrounded by nature, yet moments from the city.

Upon entering, you are welcomed into a hallway which leads to the bedrooms, living room and bathroom. The principal reception room is spacious and serene, offering ample space for both relaxed living and entertaining. A broad window bathes the space in natural light and offer leafy views of the communal garden.

The kitchen is well-appointed and thoughtfully laid out, offering ample storage and worktop space, with stylish cabinetry and integrated appliances. Whether youre preparing a quiet dinner at home or entertaining guests, this space strikes a perfect balance of function and elegance.

The property boasts two well-proportioned bedrooms, both of which enjoy excellent natural light. The principal bedroom features built-in wardrobes and plenty of space for a king-sized bed, while the second bedroom offers versatility ideal as a guest room, home office, or stylish dressing room.

A contemporary bathroom completes the interior, fitted with a full-sized bath and overhead shower, sleek tiling, and quality fixtures that reflect the homes overall refinement.

The property also benefits from private residents parking and a garage, well-maintained communal gardens, and a secure entry system offering peace of mind and a sense of privacy and community.

SITUATION

Cedar Court occupies a prime position on Grove Road, one of BS9s most attractive residential streets. This leafy neighbourhood is highly sought after for its proximity to The Downs, Kings Weston House, and the vast green expanses of Blaise Castle Estate all just a short walk or drive away.

Despite the tranquillity, connectivity is superb. There are frequent bus links into Bristol city centre, while Sea Mills train station is nearby for those commuting further afield.

A range of highly regarded schools, including Redmaids High School and Bristol Free School, are within easy reach, making this a perfect base for families and professionals alike.

Local amenities include the independent shops and cafs of Westbury-on-Trym, a short distance away, while Clifton Village and Bristol city centre are easily accessible for dining, shopping, and culture.

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. For those looking to travel further afield, Bristol International Airport is 11 miles away and offers regular domestic and international flights.

GENERAL

Tenure Leasehold, balance of 999 years remaining, 1,455.00 p.a. service charge, 30.00 p.a. Ground Rent. Services - Mains water, mains electricity. Postcode BS9 2RE. Energy Performance Certificate E Viewings - Strictly by appointment with the Vendors agent Northwood. Click on brochure for Material Information.

EPC rating: E. Tenure: Leasehold, Length of lease (remaining): 948 years 2 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

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

Mortgage Required

£ 217200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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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
    £ 6500
  • 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

£ 22200
  • 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

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  • 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

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This is the assumed rate of house price inflation.

Final Property Value

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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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