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Bristol International Balloon Fiesta Takes Flight

Uncategorised • 09 August 2019

The annual balloon fiesta will take place over the weekend with 4 days of free family fun at Europes’ largest annual meeting of hot air balloons. The event welcomes 130 hot air balloons from across the globe with some quirky shapes on display.

The event kicked off yesterday with an early morning mass ascent followed by a special shapes launch in the afternoon. A special mention should be given for the Darth Vader balloon which was came to Bristol via a crowdfunding campaign. Having been manufactured in Bristol by Cameron Balloons, it has toured the world as a show piece to promote Star Wars but had never flown in Bristol. Click here to see it in all it’s glory!

The highlight of the opening day was the popular night glow, where a total of 25 hot air balloons turned into huge light bulbs all glowing in time to a specially created soundtrack. This was all capped off with an impressive firework finale.

Although at the mercy of the weather, the organisers hope to see a series of mass ascents across the weekend. It’s not all about watching the balloons…this family friendly festival include live music, coaching and exhibitions from Bristol Sport, the Lightning Bolt Army Parachute Display Team and so much more. There will of course be a chance to take a ride in a balloon if you have a head for heights.

Bristol’s calendar of summer events such as the Balloon Fiesta, Upfest, Harbour Festival, Downs Festival, Bristol Comedy Garden and so much more are what helps the City to thrive and develop into an internationally recognised destination. This inward investment in Bristol continues to encourage regeneration of the City and helps attract the quality professional tenants that set up home here.

If you are interested in taking flight, or just catching some of the festival over the weekend, you can find more information via this link

 

 

Zoopla identifies BS5 as best for capital growth last year

A recent report by Zoopla suggests the BS5 postcode and particularly Easton & St George enjoyed some of the highest year on year percentage growth in value from 2018 – 2019.

Although the Bristol market has been strong, BS5 leads the way with Zoopla quoting a 2.72% YOY increase. The BS5 postcode is predominantly made up of terrace houses. Historically, areas such as Clifton, Redland, Bedminster and Southville have attracted investors, families and young first time buyers. As these areas have increased in price, buyers have turned to the East of the City in search of better value. Situated a short walk to the City Centre, Easton has proven a very popular option. St George enjoys a good transport network into the City including regular buses and a train station nearby. Not to mention the very popular St Georges Park.

Tenant demand has increased in the same manner. There are still good investment options to be found in BS5 where investors want to benefit from potential for capital appreciation while attracting good quality tenants paying strong rents. 3 bedroom houses are an attractive option where 3 sharers can live together. Properties close to Stapleton Road Railway Station and also those in close proximity to St Georges Park rent very well.

Should you be thinking investing in these areas and have your eye on a potential property, feel free to get in touch with Don McKeever, Lettings Director (don@bristolreslet.com). He will be happy to share his thoughts on achievable rent and suitability as an investment.