4 and 5, Colston Parade, Redcliffe, BS1 6RA
UNDER OFFER, £1,200,000
Encompassing two charming Georgian Terrace properties spaning both 4 and 5 Colston Parade with unrivalled ecclesiastical views over St Mary Redcliffe and offers spacious accommodation in the heart of the City.
The flats will be sold on new 999 year lease with use of the communal garden to rear.
Gas Central Heating and Door Entry System.
Occupying a central and convenient position close to the heart of the City of Bristol. To the West is the Harbour Side, Queen Square and the Centre with its wide range of culture facilities whilst to the East is Temple Quay with its new ''Business'' Centre and Temple Meads Railway Station and to the North is Cabot Circus with its wide range of shopping facilities.
The property has been let for many years and would now benefit from updating with one of the most iconic views in Bristol in this highly sought after area.
We believe there is scope to dramatically increase the current rental income once modernised
Given the size of each flat there may be scope to rearrange the layout to increase the number of bedrooms to 4 – 5 + lettable rooms on an HMO basis.
We understand there may also be an opportunity to split each flat into two separate units.
All subject to gaining the necessary consents.
Each flat is currently let for £1,100 pcm / 13,200 pa on a rolling AST contract.
Vacant possession is available with 8 weeks notice.