6, Hurle Road, Clifton, BS8 2SY
UNDER OFFER, £820,000


Key Features

  • PRIME CLIFTON FREEHOLD
  • ARRANGED AS 3 SELF CONTAINED FLATS
  • PARKING AND GARDENS
  • SCOPE TO INCREASE RENTS
  • IDEAL RENOVATE / BREAK UP OPPORTUNITY

THE PROPERTY

A prime Freehold property arranged over three floors plus basement with parking for 3 cars and an enclosed rear garden.
The property comprises 3 self contained flats and is sold subject to the existing tenancies.

6A HALL FLOOR - 1 BED
Private entrance, large kitchen, reception room, shower room & stairs up to bedroom 1.

6B GARDEN FLAT - 2 BED
Private entrance, large entrance hall / utility, kitchen, bedroom & stairs down to shower room and bedroom 2.

6C UPPER MAISONETTE - 2 BED
Private entrance accessed from external stairs to rear at first floor level into kitchen, large reception room, bathroom, bedroom 1 & stairs up to bedroom 2 and loft space.

LOCATION

Hurle Road is a quiet residential street located in a very thought after area just off Whiteladies Road and its local amenities and services including supermarkets, bars, pubs, cafes and restaurants are all within close proximity. Clifton Downs train station with its direct link to Temple Meads main station is only a short walk away and Bristol University and The Bristol Royal Infirmary are also within walking distance. The property is equally close to Durdham Downs with its acres of open land and woodland bounded on the south western side by the spectacular Avon Gorge with the historic Clifton Suspension Bridge providing a unique crossing to North Somerset.

THE OPPORTUNITY

INVESTMENT

The property is currently let on AST agreements generating £2,500 pcm / £30,000 per annum.

INCREASE INCOME

We understand there is scope to update the flats and significantly increase the rental income.
Please refer to rental appraisal.

FLAT 3

There is potential ( subject to consents ) to create an extra bedroom on the upper floors.

RENOVATE / BREAK UP

There is scope to renovate each flat with a view to selling them individually.
We would suggest the following values once renovated with one allocated parking space each

6A HALL FLOOR - £275,000 - £300,000
6B GARDEN FLAT - £325,000 -£350,000 ( sole use of garden )
6C UPPER MAISONETTE - £ 450,000 - £500,000

TOTAL - £1050,000 - £1,150,00

FAMILY HOME

There is scope to return the property to a family home in this highly sought after location.

EXISTING INCOME

6A HALL FLOOR - £800 pcm ( 12 Months from 29th June 2017 )
6B GARDEN FLAT - £700 pcm ( 12 Months from 11th August 2017 )
6C UPPER MAISONETTE - £1000 pcm ( 12 Months from 1st July 2013 ) - VACATING 31st MAY


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