SOLD, £295,000

Block of Flats, 19, Gloucester Street, Eastville, BS5 6QF

Bedrooms 4 Bathrooms 3 Reception 3

  • Freehold Block
  • Potential Income £18k - £20k
  • 2 x FLATS
  • 1 x 2 BED HOUSE
  • EXCELLENT INVESTMENT

THE PROPERTY

A modern Freehold block comprising

2 Bedroom House ( 497 Sq Ft )
1 Bedroom Ground Floor Flat ( 347 Sq Ft )
1 Bedroom First Floor Flat

LOCATION

Gloucester Street is located within the residential area of Eastville. Local amenities and services are all within close proximity. The M32 motorway network is also nearby and provides excellent transport links in and out of Bristol. Bristol City Centre is approximately two miles away.

THE OPPORTUNITY

Excellent buy to let in this sought after area of the City.
We understand there is scope to increase the rental income.
Break up opportunity and sale of individual units.
Notice to quit has been issued and vacant possession is anticipated by completion - please see legal pack.

RENTAL INCOME

*Notice has been served on flat 2 and flat 3 *

Flat 2 - Let for £625 pcm from 5th Nov 2016. Vacating in April 2017.

Flat 3 - Let for £525 pcm from 14th Dec 2016. Vacating in April 2017.

Flat C - Vacant

RENTAL APPRAISAL

The local lettings experts say:

The Bristol Residential Letting Co. are confident this property would make a good rental investment. Don McKeever of The Bristol Residential Letting Co suggests a rent in the region of:

Flat 2 – £650pcm
Flat 3 – £550pcm
Flat C - £550pcm

If you would like to discuss more detail on the potential for rental, you can call Don (0117 370 8818) for a no obligation discussion. He will be very happy to advise on maximising the return on this property.

EPC

For full details of the EPC please refer to the online legal pack.


Local Information

Schools Stations Healthcare
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