Buying a Repossessed Property in Bristol

By January 17, 2012House Repossession

Property Hunting in BRISTOlFill in the following Form – Buy a Repossessed or BMV Property in Bristol

Is Bristol your kind of city?  If you think it might be you’ll find lots of investment opportunity in its repossessed housing market and, for first time buyers in the South West, Bristol is a gold mine.

Living in Bristol

  • Located – South west of England
  • Density – 3,639 people per km 2
  • Population – 398,300. (2005)
  • Area – 110 km2

Bristol is commonly referred to as the capital of the South West, I prefer to think of it as the gateway to the south west but, however you describe it, Bristol is certainly the largest city in the South West of England.

Overflowing with history, Bristol is also beautiful and a haven for the ‘culture vulture’ – whatever your aesthetic and cultural tastes. Moreover, the Centre for Cities annual index, “Cities Outlook 2011”, lists Bristol as one of five UK cities to watch which “will be better-insulated from the economic impact of the spending squeeze, and have high potential to create private sector jobs.

Bristol is also a designated Science City with first-class scientific research and development carried out in its universities and business sectors.  More creative than scientific? Bristol is a key centre for the creative industries and home to such scions as Aardman Animations, best known for its Wallace and Gromit animations.

Far from being out in the boondocks, Bristol was recently ranked as having the highest quality of life in England and Wales.

Residential Areas in Bristol

Choose from picturesque, modern harbourside, Victorian terraced houses – in fact, whatever your budget or taste, you’ll find a repossessed or distressed property opportunity to suit. And don’t immediately write off those areas with a history of social problems; as with most cities, neighbourhoods change and evolve with yesterday’s ‘black hole’ becoming tomorrow’s desirable area.

  • Barton Hill: Thirteen blocks of 1950s council flats within the inner city area. A reputation for crime and vandalism but also the target of government social improvement projects. Lies to the East of the city centre and close to Bristol Templemeads railway station.
  • Bedminster: Lying to the south of the city centre, Bedminster also encompasses the Ashton Vale district.  Close to two railway stations: Bedminster and Parson Street.
  • Bradley Stoke: A residential area, built in the late 1980s, on the north side of the city of Bristol. Named after the local Bradley Brook and Stoke Brook streams.
  • Brislington:  A large area of Bristol and therefore divided into two, East Brislington and West Brislington for local government. Situated on the south eastern outskirts of Bristol and just 10 miles from Bath.
  • Hartcliffe:  A post-war government housing development on the southern edges of Bristol.  This is a deprived area of the city but regeneration projects are underway.
  • Henbury:  Approximately 5 miles north west of Bristol city centre. Henbury is just two miles away from junction 17 of the M5, and five miles from the M4/M5 interchange. Hengrove
  • Henleaze: A residential development built between the wars, Henleaze sits to the north of Bristol city centre.  A pretty, Edwardian neighborhood.
  • Horfield: On Bristol’s northern edge, together with Filton, Horfield marks the boundary between Bristol and South Gloucestershire. The A38 (the Gloucester Road) runs through the town.
  • Knowle: Situated to the south of Bristol and by Filwood Park to the west, Brislington to the east, Whitchurch and Hengrove to the south and Totterdown to the north. Lots of open space provided by Redcatch Park. Strong community focus here with many community action groups.
  • Knowle West: Two miles south of the city centre, Knowle West sits on a low plateau; it is the site of a 1930s council estate, built for the government slum clearance programme of that time. There are no major employers in the area, although the numerous industrial estates provide some job opportunities. Five schools, four churches, and numerous community groups provide social opportunities. Six out of eight areas in the neighbourhood are categorised economically deprived.
  • Lawrence Weston: A post war housing estate in North West Bristol. On edge of the Severn flood plain and directly beneath the wooded Kingsweston Hill. Employment opportunities mainly at the port of Avonmouth – a mile across the flood plain to the west – and the associated industrial complex.  Also home to Weston Moor, a nature reserve under the management of Avon Wildlife Trust and leased from Bristol City Council.
  • Lockleaze: Situated just north of Bristol and separated from Horfield by the main line Bristol to South Wales railway, Lockleaze is another post war council development; however nowadays there are plenty of privately owned properties. In 2008, however, Lockleaze was graded as one of the 10% of most deprived areas in England, with Filton Avenue North being the most deprived road in the area.
  • St. George: Sits on the edge of Bristol’s inner city area, this is an old mining area which, nowadays, is better known for its many pubs and shops. It is the target of numerous regeneration plans.
  • St. Pauls: North East of the city centre, this inner suburb is well served with roads, it is: west of the M32 and bounded by the A38, the B4051, and the A4032.  The neighbourhood was one of the first Bristol suburbs, original laid out in the 18th century. The St Paul’s area was Bristol’s centre for the 1980 riots which affected many deprived and inner city areas throughout the UK.  There were also ‘copycat’ riots in the area during the Summer of 2011, when a spate of riots once again took place across the UK. A socially deprived district, there is a strong community spirit in this area, as evidenced by the annual carnival, which attracts up to 90,000 to the area.  Redevelopment plans abound, although proposals for a 28-storey “spire” as part of the £80 million project have been dropped.
  • Totterdown: To the south of the River Avon and south-east of Temple Meads railway station, Totterdown is an attractive and well kept Victorian neighbourhood, noted for the brightly painted houses. The district sits on the steep riverbank slops and features a network of very steep roads in its Eastern region that mean cars can only be parked at an angle to the kerb. Vale Street in this area is cited as the shortest residential road in England. This previously working class area was built to accommodate railway workers, however, Totterdown is now a very popular region for young city commuters.
  • Withywood: Withywood sits on the southern border of Bristol city and between Hartcliffe and Bishopsworth.  Once again, regeneration plans abound for this large 1950s estate and there are proposals for a swimming pool and leisure complex as well as upgrades to local shopping facilities. Withywood forms part of the largely residential Bishopsworth area.

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