5, Ninetree Hill, Stokes Croft / Kingsdown Borders, BS1 3SB
Sold, £975,000
Key Features
- 20 Bed Student Investment
- £104,220 Annual Income
- 12 Bed HMO
- 2 x 3 Bed Flats
- 1 x 2 Bed Flat
THE PROPERTY
A large end of terrace 1970s property that was converted 8 years ago into a 20 bed HMO student investment property.
Freehold
LOCATION
Nine Tree Hill is located within the cultural suburb of Stokes Croft just off the Cotham and Kingsdown borders. The vibrant Cheltenham Road is nearby and offers an array of independent retailers, cafes, bar, pubs and restaurants. Bristol City Centre is less than a mile away.
THE OPPORTUNITY
Excellent long term investment currently producing an income of £104,220 per annum.
Long term there is clearly scope to develop the site by either adding an extra storey and circa 10 bedrooms or for a larger scale demolition and flat development - all subject to gaining the necessary consents.
