Clouds Hill Road, St George, Bristol

Asking price £550,000 - For Sale

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

Exciting opportunity to purchase a pair of adjoining freehold properties comprising 8 self-contained flats. The property is situated in a convenient location in St George providing excellent transport links to the City centre and the shops and amenities on Church Road. The property is currently let producing approximately £52,680 per annum and would make an ideal continued residential investment.

DESCRIPTION -

A substantial pair of terraced properties arranged over 4 storeys that have been converted to provide 8 self-contained flats (1 x 2 bed maisonette, 6 x 1 bedroom flats and a studio flat). The properties benefit from a good sized garden to the rear and two of the flats have roof terraces.

LOCATION -

The property is situated on Clouds Hill Road in St George, one of the main arteries leading in and out of the centre of Bristol which is approximately 2.8 miles away. Nearby Church Road offers an eclectic mix of shops, restaurants and cafes and St Georges Park is less than half a mile away. Excellent transport links are provided to the city centre and A4174 Ring Road.

THE OPPORTUNITY -

The property has been operated as a rental investment since its conversion in and is ideal for those seeking to add a high yielding investment to their portfolio.

SCHEDULE OF ACCOMMODATION -

Flat A - Basement level 1 bedroom flat.
Flat B - Ground floor 1 bedroom flat.
Flat C - First floor 1 bedroom flat.
Flat D - Second floor studio flat with roof terrace.
Flat E - Second floor 1 bedroom flat with roof terrace.
Flat F - Basement level 1 bedroom garden flat.
Flat G - Ground floor 1 bedroom flat.
Flat H - Ground and first floor 2 bedroom maisonette.

RENTAL DETAILS -

The property is currently fully let on 8 separate Assured Shorthold Tenancy agreements producing a total of approximately £52,680 per annum.

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ENERGY PERFORMANCE CERTIFICATES (EPCs) -

Flats D, G & H - Energy Rating B.
Flats A, B, C, E & F - Energy Rating C.

VIEWING -

Strictly by appointment with Maggs & Allen.

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Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
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.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.