SUPERB RESIDENTIAL INVESTMENT - FREEHOLD BLOCK OF 7 FLATS IN ST GEORGE
An exciting investment opportunity comprising a freehold block of seven self-contained flats (6 x 1-bedrom flats and 1 x studio flat), situated in a popular residential location in St George.
Offered for sale with vacant possession, the property offers a potential rental income in the region of £78,000 per annum - a superb investment yield.
There is a courtyard garden to the rear and easy access is provided to a wide range of local amenities on Church Road. Excellent transport links are also provided to Bristol city centre.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 18 September 2025 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
SUPERB RESIDENTIAL INVESTMENT - FREEHOLD BLOCK OF 7 FLATS IN ST GEORGE
DESCRIPTION -
A superb opportunity to acquire a freehold block comprising seven self-contained flats – six one-bedroom apartments and one studio – located in the ever-popular residential area of St George.
The property is offered with vacant possession and offers an estimated rental income of circa £78,000 per annum, delivering an attractive yield for investors.
Additional features include a courtyard garden to the rear, while residents benefit from the excellent choice of shops, cafes, and amenities on Church Road, all just a short walk away. The area also enjoys superb transport links providing easy access into Bristol city centre.
This is a rare opportunity to secure a high-yielding investment in a sought-after location.
LOCATION -
The property is situated on Victoria Parade, just off Church Road in the heart of St George - which offers a wide array of shops, cafes and restaurants. The green space of St George Park is within easy reach and excellent transport links are provided to the city centre.
ACCOMMODATION -
Please refer to floorplan for approximate room measurements and internal layout.
TENURE -
The property is offered for sale on a freehold basis with vacant possession.
COMPLETION -
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
SITE/AERIAL PLAN -
The site plan is provided for indicative purposes only, please refer to the title plan within the legal pack for confirmation of the site boundaries.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Ratings: E
LETTING - WHAT CAN MAGGS & ALLEN ACHIEVE FOR YOU? -
Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on 0117 9499000 or email lettings@maggsandallen.co.uk.
AUCTION OR BRIDGING FINANCE REQUIRED? -
Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on 0117 9734940 or email admin@maggsandallen.co.uk
BUYER'S PREMIUM -
Please be advised that all purchasers are subject to a £1,800 plus VAT (£2,160 inc VAT) buyer’s premium payable upon exchange of contracts.
*GUIDE PRICE -
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
RESERVE PRICE -
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
PROXY, TELEPHONE & ONLINE REMOTE BIDDING -
The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.
PRELIMINARY DEPOSITS -
The Preliminary Deposit required for each lot you wish to bid for is £5,000.
If you bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 plus VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days.
RENTAL ESTIMATES -
All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.
