Tenanted investment opportunity offering attractive yield and breakup potential
This is a freehold semi-detached block of 4 one bedroom flats with off street parking. Situated just off Filton Avenue the property is ideally positioned for British Aerospace, MOD Abbey Wood and the University of the West of England. For commuters the nearby A38 provides direct access into Bristol or the M5 to the north. Parkway train station is approximately 2.5 miles away and offers a mainline service. The properties are all currently let producing a total rent of £29,700 giving a gross annual yield of 8% although there is scope to increase this.
Flat 1 - Garden Flat of 42 sqm let at £675 PCM from 23/03/2018
Flat 2 - Courtyard Flat of 32 sqm let at £625 PCM from 10/08/2018
Flat 3 - First floor Flat of 32 sqm let at £625 PCM from 9/01/2018
Flat 4 - First Floor Flat of 29 sqm let at £550 PCM from 11/06/2014
All flats are individually rated as Band A
Tuesdays 2.30 - 3.00 and Thursdays commencing 14th March 12.30. - 1.00pm N.B.Viewings on Flat 3 will only be on Tuesdays.
Please note the photos used are from before the current tenants moved in.
For Sale by Auction
On Thursday 28th March at 7.00 pm at Ashton Gate Stadium, Bristol.
Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.
A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.
£360 payable upon exchange of contracts