Sold @ Auction £251,000

327, Church Road, St. George, BS5 8AA

Bedrooms 3 Bathrooms 2 Reception 1

  • MIXED USE INVESTMENT
  • TOTAL INCOME £24,720 PA
  • RETAIL UNIT
  • HMO ON UPPER FLOORS
  • RECENTLY RENOVATED COMMUNAL AREAS

FOR SALE BY AUCTION

*** SOLD @ HOLLIS MORGAN FEBRUARY AUCTION ***

GUIDE £225,000 +++
SOLD @ £251,000

LOT NUMBER 25
Wednesday 21st February 2018
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal packs will be available for inspection from 18:00.
The sale will begin promptly at 19:00

THE PROPERTY

A Freehold detached mid terraced period property ( 1201 Sq Ft ) arranged as a ground floor retail unit with 4 bedroom HMO on the upper floors ( 1 x Studio and 3 x Double Rooms )
The property has been recently refurbished with new kitchen and bathrooms.

LOCATION

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.

THE OPPORTUNITY

HIGH YIELDING INVESTMENT

The property is full let with the following income;

RETAIL UNIT - £350 pcm ( Rolling contract )
STUDIO - £600 pcm ( AST )
ROOM 2 - £350 pcm ( AST )
ROOM 3 - £380 pcm ( AST )
ROOM 4 - £380 pcm ( AST )

TOTAL - £24,720 pa

There may be scope to increase these rents - buyers should make their own investigations.

Please refer to legal for individual AST agreements.


Local Information

Schools Stations Healthcare
Floorplan for MIXED USE INVESTMENT - £24k PA Floorplan for MIXED USE INVESTMENT - £24k PA