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Studio for sale

£89,950

31-45 Lower Ashley Road, Bristol BS2

1
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Property description

The fully furnished studios which are a much needed addition to Bristol’s under-supply of independent student housing. Situated in an area undergoing significant regeneration, to the north east of Bristol city centre, it offers superb facilities including a games rooms, communal lounge, laundry, gardens, WiFi and 24 hour CCTV.


• Comprising of 78 studio apartments
• Studios from only £89,950
• Annual assured return 8% net p.A.
• Assure for 3 years
• Annual yields starting from £7,195 p.A
• 5% interest on deposited funds
• Fully let & managed by experienced letting agency
• 250 years leasehold

Why Bristol?

Bristol is a tier one city for student accommodation investment by Savills. There are two prestigious universities within Bristol, the University of Bristol and the University of the West of England, and between them they have 51,000 full time students. Currently, the universities only provide accommodation for approximately 7,000 students, therefore there is considerable demand for private student accommodation. Bristol has a high rate of economic growth and low rate of unemployment. The city has seen huge investment over the years, with the development of a £500 million shopping centre, Cabot Circus, and the Bristol Temple Quarter Enterprise Zone, which play a major role in Bristol’s booming economy. The Sunday Times named it as the best city in Britain in which to live in 2014 and 2017.
Market activity
Average price paid £264,542 Sales 185 Current average value £262,230 (Zoopla Zed-Index) Value change £100 ▲ 0.04%

Property value data/graphs for BS2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £474,052 £299 4.0 -
Semi-detached £367,302 £324 3.3 £359,625
Terraced £313,480 £340 2.9 £371,454
Flats £213,932 £352 1.7 £218,935

Current asking prices in BS2

Average: £195,139
Avg. current asking prices in BS2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £308,750
(4)
£268,750
(4)
£437,000
(2)
-
Flats £197,357
(14)
£252,954
(22)
£333,333
(3)
- -
All £197,357
(14)
£261,538
(26)
£296,429
(7)
£437,000
(2)
-

Current asking rents in BS2

Average: £1,289 pcm
Avg. current asking prices in BS2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £891 pcm
(4)
£1,174 pcm
(2)
£1,400 pcm
(5)
£1,751 pcm
(1)
-
Flats £987 pcm
(26)
£1,125 pcm
(11)
- £1,421 pcm
(1)
£2,600 pcm
(3)
All £974 pcm
(30)
£1,132 pcm
(13)
£1,400 pcm
(5)
£1,586 pcm
(2)
£2,600 pcm
(3)

Fun facts for BS2

Highest value in BS2
Highest value streets Zed-Index
Somerset Street £740,740
Highbury Villas £622,500
Alfred Place £509,676
Marlborough Hill Place £457,329
The Yard £429,841
Highest turnover in BS2
Highest turnover streets Turnover
Surrey Street 65.4%
Jacob Street 61.4%
King Square Avenue 47.4%
Montague Street 42.5%
Talavera Close 41.5%

What Zoopla users think of St. Agnes

Overall rating:

  • currently 4 stars
Very good - 77%

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 3 stars
Transport & travel

Rate St. Agnes:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Stapleton Road (0.5 miles)
  • Montpelier (0.5 miles)
  • Lawrence Hill (0.8 miles)
  • Bristol Airport (8.4 miles)
  • Cardiff Airport (33.4 miles)
  • Bournemouth Airport (57.2 miles)
  • Castle Park Ferry Landing (0.9 miles)
  • Temple Bridge (Bristol) Ferry Landing (1.0 mile)
  • Temple Meads Station Ferry Landing (1.1 miles)

Nearby schools

View all schools in Bristol
  • St Barnabas Church of England VC Primary School (0.2 miles)
  • Millpond Primary School (0.2 miles)
  • Cabot Primary School (0.3 miles)
  • Bristol Futures Academy (1.0 mile)
  • Bath Academy (10.8 miles)
  • The Kings of Wessex Academy (15.9 miles)
  • Colston's Girls' School (0.6 miles)
  • Fairfield High School (0.6 miles)
  • The City Academy Bristol (0.8 miles)
Note: Distances are straight line measurements

Local info for Bristol

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Real Estate Worldwide, SS2 on +44 1702 787516 * (local rate)

Monthly running costs Beta

£397 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,995
Repayment term 25
Interest rate 1.5
Your payment £323 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

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

Energy

Gas £19 Electricity £27 Estimated energy cost £46/mo

Similar properties could save up to £152

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5000 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £14 Sewerage £14 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Real Estate Worldwide, and do not constitute property particulars. Please contact Real Estate Worldwide for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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