Block of Flats, 116, City Road, St. Pauls, BS2 8UN
SOLD, £430,000


THE PROPERTY

A well presented mid terraced period property that has been converted into three flats all sold with tenants in situ on rolling AST contracts.

GARDEN AND HALL FLOOR

*** NOW SOLD WITH VACANT POSSESSION ***

3 Bedroom garden maisonette
Income £750 pcm
Current Market Rent £975 pcm

FIRST FLOOR

1 Bedroom Flat
Income £550 pcm
Current Market Rent £700 pcm

TOP FLOOR

1 Bedroom Flat
Income £550 pcm
Current Market Rent £700 pcm

EXTENDED COMPLETION

Completion is set for 8 weeks or earlier by mutual consent

LOCATION

City Road lies within the cultural suburb of St. Pauls. Stokes Croft is within close proximity and offers a wide variety of independent retailers, convenience stores, pubs, bars, cafes and restaurants. Broadmead and Cabot Circus are also within walking distance.

THE OPPORTUNITY

Excellent long term investment in this highly sought after central location.
The current tenants are on rolling AST agreements and have been in situ for many years and there is now clearly scope to increase the rental income to circa £28k +
The flats are offered in good decorative order.

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