SOLD, £725,000

72, Cranbrook Road, Redland, BS6 7BU

Bedrooms 9 Bathrooms 4 Reception 7

  • Semi Detached Period Property
  • Option to complete before April 1st
  • Income £58,980 per annum
  • 2 x Studios
  • 7 Bed HMO
  • Close to BRI and Bristol University
  • Walking Distance to City Centre
  • High yielding Investment
  • 8 % ROI

THE PROPERTY

An imposing Semi Detached Victorian property ( 2805 Sq Ft ) that has been carefully extended to create a high quality investment property arranged over four floors.
The property has been well maintained and we understand has been granted a full HMO license.

LOCATION

The property is located close to the junction of Cranbrook Road and Kersteman Hill and is equidistant from Gloucester Road, Henleaze High Street whilst the University of Bristol and Bristol Royal Infirmary are both within 2 miles.

ACCOMODATION

BASEMENT

Studio with bathroom and access to garden - 1

GROUND FLOOR

Communal Kitchen and Lounge
Communal Bathroom and WC
Rooms 2 & 3

FIRST FLOOR

Communal Bathroom
Rooms 4,5,6 & 7

TOP FLOOR

Studio Flat with bathroom and roof terrace - 8
Room 9

OUTSIDE

Communal Rear Garden
Off Street Parking Space

RENTAL INCOME

All the flats are let on AST contracts;

1 £ 630.00 - Rolling ( Pay own Electric )
2 £ 445.00 - Commenced 1.9.15 ( Including Gas and Electric )
3 £ 565.00 - Commenced 16.1.15 ( Including Gas and Electric )
4 £ 480.00 - Commenced 16.1.15 ( Including Gas and Electric )
5 £ 500.00 - Commenced 16.1.15 ( Including Gas and Electric )
6 £ 595.00 - Rolling ( Including Gas and Electric )
7 £ 565.00 - Commenced 1.2.14 ( Including Gas and Electric )
8 £ 505.00 - Commended 16.8.14 ( Including Gas and Electric )
9 £ 630.000 - Commenced 1.6.13 ( Pay own Electric )

TOTAL RENTAL INCOME - £58,980 p.a


Local Information

Schools Stations Healthcare
Floorplan for Cranbrook Road, Redland Floorplan for Cranbrook Road, Redland