UNDER OFFER, Guide Price £275,000
169, Greystoke Avenue, Southmead, BS10 6AS
3
3 
2
To discuss this property call:
SHARE
SAVE TO
SHORTLIST- FREEHOLD
- MIXED USE BLOCK
- INVESTMENT | £24,576 PA
- 2 X FLATS | 1 X RETAIL UNIT
- EXTENDED 8 WEEK COMPLETION
THE PROPERTY
ADDRESS | ADDRESS | 169 Greystoke Avenue, Southmead, Bristol BS10 6AS
A Freehold mixed use property ( 1556 Sq Ft ) occupying a prominent corner position with accommodation arranged over three floors comprising
Ground Floor - Retail Unit
First Floor - Self Contained 2 Bedroom Flat
Top Floor - Self Contained 1 Bedroom Flat
Sold subject to existing tenancies.
Tenure - Freehold
Council Tax - A
EPC -
Utilities, Rights & Restrictions - Please refer to the Legal Pack
Flood Risk - Please refer to the Legal Pack
THE OPPORTUNITY
MIXED USE INVESTMENT | BREAK UP
A Freehold investment opportunity fully let producing £2048 pcm | £24,576 PA
TFF - Statutory Periodic Tenancy ( AST ) – Rent £660 pcm
FFF - Statutory Periodic Tenancy ( AST ) - Rent £788 pcm
SHOP - Lease ends 31/10/2027 – Rent £600
The flats have been let for many years and have scope for some basic updating with potential to increase the rents or break up and individual sales in this popular letting area close to the hospital.
There is scope to convert the top floor flat into a 2 bedroom unit subject to consents.
Please refer to independent rental appraisals.
LOCATION
The property is located in the heart of Southmead. Easy access is provided to Southmead Hospital, Airbus and Rolls Royce making this a great location with a strong rental demand including from Students at UWE. A wide range of local amenities are available on Southmead Road and Lidl supermarket are close by.
RENTAL APPRAISAL
What rent can we achieve for you?
The Bristol Residential Letting Co. are confident this property would make a good rental investment if brought to a standard suitable for the professional rental market. Danny Dean of The Bristol Residential Letting Co suggests a rent in the region of;
169, Greystoke Avenue – TFF - £800pcm – FFF - £900pcm - 950pcm
If you would like to discuss more detail on the potential for rental, you can call me on 07738766640 or email (danny@bristolreslet.com) for a no obligation discussion. I am always happy to advise investors on maximising their investment.
PROPERTY DETAILS DISCLAIMER
Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.