4 bedroom block of apartments for sale
Key information
Property description & features
- Superb investment opportunity
- 4 one bedroom self contained apartments
- Communal garden
- Council tax bands - A
- Vacant possession
- Gas central heating
- uPVC double glazed throughout
- Total GDV £680,000
Hunters are thrilled to present for sale this superb opportunity to secure a development of four, one bedroom self contained apartments. Offered to the market with no onward chain whilst needing modernisation the development its sure to prove perfect for any investor wanting a ready made opportunity in this superb up and coming location.
Internally there are four apartments, sharing a communal hallway, each offers a built in kitchen, three piece shower rooms and 'Valliant' combination boilers, all apartments boast uPVC double glazing. There is a private communal garden to the rear.
Victoria Road sits on the edge of St Phillips, an area thats currently undergoing a huge rejuvenation project and once completed will be a superb area for young professionals and commuters due to its proximity to central Bristol and Temple Meads Train Station. We are inviting offers over £525,000 and viewings are strictly by appointment only, so please contact the office to arrange an internal viewing appointment.
TENURE
The apartments are on individual leases but we are offering for sale the freehold of the building to include the leases.
COUNCIL TAX BAND
All apartments are council tax band- A - Bristol City council
GDV & RENTAL APPRAISALS (correct as of 16/04/2024)-
If the properties we're bought up to modern specification we would estimate the following values;
Apartment 1 - £175,000 - £1,100.00pcm
Apartment 2 - £162,500 - £1,000.00pcm
Apartment 3 - £175,000 - £1.100.00pcm
Apartment 4 - £165,000 - £1,000.00pcm
Investment yield at asking price - 9.60% approximately.
EPC BAND - We are awaiting full EPC reports
Flat 1 -
Kitchen/ Living Room - 5.45 x 3.75 (17'10" x 12'3") -
Bedroom - 4.25 x 2.56 (13'11" x 8'4") -
Flat 2 -
Kitchen/ Living Room - 4.50 x 2.68 (14'9" x 8'9") -
Bedroom - 3.81 x 2.40 (12'5" x 7'10") -
Flat 3 -
Kitchen/ Living Room - 5.60 x 3.83 (18'4" x 12'6") -
Bedroom - 3.30 x 2.40 (10'9" x 7'10") -
Flat 4 -
Kitchen/ Living Room - 4.32 x 2.80 (14'2" x 9'2") -
Bedroom - 2.60 x 2.20 (8'6" x 7'2") -
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