Features / Investigations
What are Bristol’s cheapest homes to buy?
Everyone knows that if you haven’t bought a house in Bristol by now you are destined for miserable destitution in a moldy flat run by money-grabbing landlords milking dry this massively tragic situation.
House prices have gone bonkers over the last few years in the city due to the healthy mix of next to no house building, rising demand from the growing numbers fleeing the crisis in London and property developers with planning permission sitting on land and laughing while the price rises and rises and rises.
But fear not if you haven’t got your foot on the ladder yet, there are a few morsels left out there if you’re shopping for a bargain – as long as your idea of a bargain is something which costs over four times the average salary.
is needed now More than ever
Here at Bristol24/7 we’ve delved into the market for you using top analysts to identify the cheapest homes in the city to buy.
When looking at property it obviously depends on what you consider a home, for there are plenty of cracking little garages out there. For around the £10,000 mark, for example, you could get your hands on a lovely little number with an electric door in Easton. It’s unfurnished.
Moving up the ladder, the cheapest static home in Bristol comes in at £40,000 for a wooden-clad “residential log cabin” in Pucklechurch. It’s 53.7m2 and comes with double glazing and electric heating.
Up into the £50,000 mark you’ll find plenty of flats either for full ownership, or under shared ownership like the Lakeshore apartments in Hartcliffe – refurbished with the help of George Ferguson’s architects practice.
Whichever you go for it would probably be a better buy than the garden shed/lean-to which went on the market as a “studio flat” last year for £30,000. It was swiftly taken off the market when it was found to have no planning permission.
But if it is a house you’re after, a full house, then look no further than Granville Street in Barton Hill for the cheapest on the market today at £110,000. However, be warned, this is a guide price only and will likely go at auction for an extra £10,000-£20,000.
It is in need of a little TLC, starting with tipping much of the furniture back around the right way up. That’s if you like sleeping on the main face of the mattress. They say kitchens and bathrooms sell houses, and if you look carefully at the latter you might just see a creeper plant growing through the walls and along the floor. Sold?
Finally, if you can push to another £10,000 to £120,000 you can have an extra bedroom in the next-cheapest house in Webb Street, Easton. It needs a lick of paint and maybe a change of wallpaper, and only keen gardeners should apply.
Read our investigation into the affordable housing failure in Bristol