1-bedroom flat · BS2 8QW
Sold STCListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious one double bedroom ground floor apartment with private courtyard garden.
The property has been recently refurbished to offer a central open plan living space with fitted kitchen area and level access to a private courtyard garden.
One double bedroom, shower room and a good size entrance hallway. Separate dining room /study with storage. The apartment is offered with use of a secure bicycle room and storage. No parking.
The building forms part of a converted workshop/ warehouse approached via a cobbled mews and is well placed for all things central. We strongly recommend an appointment to view.
Front door Leads into the communal hallway. Access to Storeroom and communal secure bicycle room. Front door into the apartment.
Hallway With access into bedroom one and the open plan living room.
Open plan living/dining/kitchen Double glazed patio doors with glass windows either side open out to the private courtyard garden. Skylight window.
Fitted wall and base units with integrated electric oven , hob, microwave, tiled splash backs, sink unit and spotlights over. Bedroom 1 Skylight window and additional recess area.
Dining Room/Study Built in wardrobe and skylight window. Inner hall Built in cupboard. Shower Room With shower cubicle, wc and wash hand basin.
Private Garden An easy to maintain garden with central patio area with gravel surround. Slatted wood fence and brick wall boundary. Council Tax Band A.
Tenure It is understood the property will have a new lease set up 999 years. This is the last of the flats to be sold.
The freehold will pass from the current owner to a management company and each flat owner will be a member and director and therefore in complete control of costs going forwards.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Backfields Lane, Bristol, BS2
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