Property Options

The Power of Successful Property Investment

  • [email protected]
  • 0117 942 7505

  • Home
  • About Us
  • Testimonials
  • Investment
  • Consultancy / Mentoring
  • Courses
  • PIM
  • Blog
  • Get in Touch

Property Options Bristol Buy To Let Update – June 2019

Written June 5, 2019 By Property Options Leave a Comment

Here is Property Options’ latest update on the Bristol Buy To Let (BTL) market – for June 2019.

This update is by economist Chris Worthington, who is a regular PIM speaker.

Bristol - Hotwells houses

Infrastructure Projects

The West of England Combined Authority (WECA), made up of three of the local authorities in the region, Bath & North East Somerset, Bristol and South Gloucestershire, has recently published the draft joint local transport plan (JLTP) for 2019 -2036.

New transport infrastructure facilitates economic development and provides access to new housing developments. This is of interest for buy to let investors because improved transport links will boost house prices.

The JTLP sets out “major transformation schemes” in Bristol city centre, in the east and north fringes of the city and on the route to Bristol airport. Welcome news for local residents and businesses but inevitably much of these planned improvements will take place over as long time scale.

However the JTLP also identifies “early investment schemes in progress and committed projects” that will completed over a shorter time scale. The details of these are as follows:

  • M49 Avonmouth Junction – improved access to the port of Avonmouth and the Enterprise Area
  • Temple Quarter Masterplan – improvements to Temple Mead Station and a transport interchange
  • MetroWest Phase 1 – ungraded train services on the Severn Beach Line and reopening the Portishead line with a new station at Portishead and the reopening of the station at Pill.
  • MetroWest Phase 2 – reopening of the Henbury line, new stations at Henbury, North Filton and Ashley Down
  • Hengrove –  new internal roads for 1500 homes and access for the Metrobus
  • Lockleaze – bus lane on Muller Road and pathway through Stoke Park for 800 new homes

House Prices Slow

Turning to current trends in house prices there is good news and bad news depending on whether you are buying or selling.

The latest UK Cities House Price Index published by property analyst company Hometrack found that the UK housing market has generally slowed down with  the average discount achieved on asking prices of  3.9%.

However the Bristol market is performing better than the UK average with discounts of around 3%. This places Bristol at number ten in the league table for discounts for the twenty cities in the Hometrack Index.

The highest average discounts are in Aberdeen (8%) and London (5%).  The housing market in Scotland is currently more buoyant with no discounting and in some cases a premium being achieved over the asking price.

Our Next Property Meeting

We will all be discussing the latest position on the property market in Bristol and across the UK at our next PIM on Thursday 27 June 2019 at Future Inn, Bristol, BS1 3EN.

We hope you will join us then.

For more info and to reserve your place Click Below

Book Your PIM Tickets

 

 

Property Options Bristol

Facebooktwitterlinkedin

Filed Under: News Tagged With: Bristol, buy to let, House prices, infrastructure, Property investment, transport

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Don’t Miss Our Next PIM

Book Your PIM Tickets


Flats and Houses

The Property Options UK Market Update – March 2021

The Property Options Buy to Let Market Overview Our regular Bristol and UK property reports are … [Read More...] about The Property Options UK Market Update – March 2021

London city

The Property Options UK Market Update – February 2021

The Property Options Buy to Let Market Overview Our regular Bristol and UK property reports are … [Read More...] about The Property Options UK Market Update – February 2021

Hotwells Property

Property Options Bristol Buy To Let Update – February 2021

  Our regular Bristol and UK property reports are written by economist Chris … [Read More...] about Property Options Bristol Buy To Let Update – February 2021

property and economy

The Property Options UK Market Update – January 2021

The Property Options Buy to Let Market Overview Our regular Bristol and UK property reports are … [Read More...] about The Property Options UK Market Update – January 2021

Bristol-suspension bridge

Property Options Bristol Buy To Let Update – January 2021

Our regular Bristol and UK property reports are written by economist Chris Worthington, who is a … [Read More...] about Property Options Bristol Buy To Let Update – January 2021

London property skyline

The Property Options UK Market Update – December 2020

The Property Options  Buy to Let Market Overview   Our regular Bristol and UK property … [Read More...] about The Property Options UK Market Update – December 2020

Bristol-suspension bridge

Property Options Bristol Buy To Let Update – December 2020

Our regular Bristol and UK property reports are written by economist Chris Worthington, who is a … [Read More...] about Property Options Bristol Buy To Let Update – December 2020

bristol millenium square

The Property Options UK Market Update – November 2020

The Property Options  Buy to Let Market Overview Our regular Bristol and UK property reports … [Read More...] about The Property Options UK Market Update – November 2020

Copyright © 2025 Property Options (Bristol) Ltd | Terms | Privacy | Cookies

| Website by Internet Power | Online Portal

About Cookies On This Site
We use cookies to give you the best online experience. By clicking ALLOW you agree to our use of cookies in accordance with our cookies policy.ALLOW Cookie policy
Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
MENU
  • Home
  • About Us
  • Testimonials
  • Investment
  • Consultancy / Mentoring
  • Courses
  • PIM
  • Blog
  • Get in Touch