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See how verdicts work2-bedroom flat · BS16 5LS
Sold STCReduced £9.5k (−4.1%) on 26 MarListed 1416 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A well-presented two-bedroom apartment on the second floor of this fine four storey building built in 2016 and situated on a thriving local high street on the western outskirts of Bristol.
Ideal for a wide variety of potential purchasers from young first-time buyers to seasoned buy to let investors the apartment is well proportioned, double glazed and comes with an elegant Italian-style bathroom and contemporary kitchen.
Allocated parking space and space in a large communal Bicycle store.
Offered with no onward chain Ground Rent £250 PA Management fees £1500 PA 2024/25 Location Situated between Fishponds and Mangotsfield, Staple Hill is within 6 miles of Bristol city centre and under 5 miles of Bristol Parkway railway Station.
Originally a hamlet on the edge of the Royal Hunting grounds surrounding 'The King's wood' Staple Hill thrived in the C18th and C19th as an area of coal mining, quarrying initially and more recently engineering (Staple Hill was the home of Wilson and Sons the makers of the 'Quasar' motorbike).
Boasting two carnivals a year (The 'Christmas' and 'Summer on the Hill') Staplehill has a thriving High Street (named Broad Street - because of the tramline that originally ran through it) with an independent butcher, baker, grocer and hardware shop as well as a local supermarket (Tesco).
A wider selection of shopping is available in nearby Downend or at the Gallager Retail Park, Longwell Green off the A4174.
There are two local primary schools within the local area (Staple Hill Primary and The Tynings) pupils moving onto either Downed or Mangotsfield Schools for secondary education.
Further local amenities include the Page Park (with its sports pitches and elegant Edwardian Pavilion and clock tower) and the nearby Bath to Bristol railway cycle route which runs through the Staple Hill tunnel (accessing the city centre in about 20 minutes
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Crossman Residence, 47 to 51 Broad Street, Bristol, BS16
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