Springfield Road, Cotham, Bristol

Asking price £775,000 - For Sale

  • Substantial freehold building
  • Arranged as 4 self-contained flats
  • Fantastic break-up opportunity
  • Superb location in Cotham

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

A rare opportunity to purchase a substantial four storey freehold property that is arranged as 4 self-contained one bedroom flats. The property is situated in a highly sought after residential location, providing easy access to the City Centre, Gloucester Road and Redland train station. The flats are presented in varied condition with some being suitable for continued rental and others requiring modernisation. The property presents a fantastic break-up opportunity where the flats could be sold off separately following modernisation works or the whole building could be retained as a high-yielding rental investment. To the rear of the property is a large garden extending back to Sydenham Road which may offer potential for redevelopment, subject to consents.

DESCRIPTION -

A four storey period building that has been converted into 4 self-contained one bedroom flats. The flats are presented in varied condition with some in need of minor updating and others requiring modernisation throughout. A fantastic break-up opportunity or continued rental investment. The property benefits from a good sized garden to the rear that may offer potential for redevelopment, subject to obtaining the necessary planning consents.

LOCATION -

The properties are situated in a highly sought after residential location in Cotham with easy access provided to the City Centre, Stokes Croft and Redland train station. A wide range of restaurants and amenities are available locally on Cheltenham Road and Gloucester Road. The City Centre is located approximately 0.5 miles to the South.

SCHEDULE OF ACCOMMODATION -

Basement Flat - Approx. 480 sq ft (44.6 sq m) -

Currently vacant.

Ground Floor Flat - Approx. 370 sq ft (34.3 sq m) -

Currently vacant.

First Floor Flat - Approx. 401 sq ft (37.3 sq m) -

Let on an Assured Shorthold Tenancy at £560 pcm.

Second Floor Flat - Approx. 487 sq ft (45.3 sq m) -

Let on an Assured Shorthold Tenancy at £500 pcm.

OUTSIDE -

The property benefits from a good-sized garden to the rear which extends back to Sydenham Road. A number of the rear gardens and garages of the neighbouring properties have been redeveloped to provide modern townhouses. A similar development may be possible, subject to obtaining the necessary planning consents.

TENURE -

The property is to be sold on a freehold basis, subject to the above tenancies.

LOCAL AUTHORITY -

Bristol City Council.

ENERGY PERFORMANCE CERTIFICATES (EPCs) -

Energy Ratings:
Basement Flat - C
Ground Floor Flat - B
First Floor Flat - B
Second Floor Flat - F

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.