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A semi-detached period property ( 1825 Sq Ft ) that was converted into three self contained two bedroom apartments in 2004 overlooking St Georges Park.
Located on the busy Church road where an array of local amenities and services are all within walking distance whilst St Georges Park is within a few hundred yards and Bristol City Centre is approximately two miles away.
Excellent long term investment or break up opportunity
The existing tenants have been in situ for many years and there is clearly scope to increase the current rental income.
GARDEN FLAT
Tenant since 2011 @ £575.00 per calender month. ( Current Market Rent circa £775 pcm )
HALL FLOOR
Tenant since 2012 @ £575.00 per calender month. ( Current Market Rent circa £700 pcm )
TOP FLOOR
Tenant since 2014 @ £600.00 per calender month. ( Current Market Rent circa £700 pcm )
CURRENT INCOME
21,000 PA
POTENTIAL INCOME
£26,100 PA
The local lettings experts say:
The Bristol Residential Letting Co. is confident this property would make a good rental investment. Don McKeever of The Bristol Residential Letting Co suggests the following rents: garden flat - £775pcm, hall floor - £700pcm, First floor – £700pcm. 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.