Chesterfield Road, St. Andrews, Bristol
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
7
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Freehold Residential Investment
- Arranged as 3 Flats
- Let at £61,920 per annum rising to £69,480 in July 2024.
- Superb location close to St Andrews Park
- Ideal for Landlords & Investors
Description
An attractive and substantial period semi-detached property, situated in a highly sought after location within close proximity to St Andrews Park. The property is arranged as three self contained flats (2 x three-bedroom flats and 1 x one-bedroom flat) and is currently let to students producing £61,920 per annum rising to £69,480 in July 2024. The property offers scope to reconfigure the existing flats to provide additional bedrooms and also benefits from a cellar with further potential for conversion. A rare opportunity to purchase a freehold residential investment property in this location.
Description - An attractive and substantial period semi-detached property, situated in a highly sought after location within close proximity to St Andrews Park. The property is arranged as three self contained flats (2 x three-bedroom flats and 1 x one-bedroom flat) and is currently let to students producing £61,920 per annum rising to £69,480 in July 2024. The property offers scope to reconfigure the existing flats to provide additional bedrooms and also benefits from a cellar with further potential for conversion. Having been well-maintained by the current owners; the external stonework was beautifully restored in 2020, the roof was completely replaced circa 20 years ago and kitchens and bathrooms have been replaced periodically when required. There is potential to create off-street parking to the front and a large south-easterly facing garden to the rear. A superb opportunity for residential landlords.
Location - The property is situated in a highly sought-after residential location in St Andrews, popular with both students and professional tenants. Easy access is provided to St Andrews Park and a wide range of local amenities on Gloucester Road.
Accommodation & Approximate Floor Areas -
Flat A - 87 M² - A substantial 3-bedroom flat occupying the entire ground floor of the building comprising a living room, three double bedrooms, bathroom and kitchen with direct access into the rear garden.
Flat B - 85 M² - A first and second floor maisonette comprising a living room, a large kitchen/diner, three double bedrooms and a shower room.
Flat C - 39 M² - A 1-bedroom first floor flat comprising a living room, double bedroom, kitchen and bathroom.
Tenancy Details - Each flat is let on a separate AST for the current academic year at the rental figures below. The flats have been re-let from July 2024 at the increased figures below in brackets.
FLAT A: £1,920 pcm (£2,145 pcm)
FLAT B: £1,920 pcm (£2,145 pcm)
FLAT C: £1,320 pcm (£1,500 pcm)
TOTAL: £61,020 Per Annum (£69,480 Per Annum)
Tenure - The property is to be sold on a freehold basis, subject to the tenancies above.
Works Completed - The following works have been carried out during the current ownership:
Replacement roof with new concrete tiles (Approx. 20 years ago).
Further roof works to both chimneys and parapet wall.
Stonework renovation, works to front elevation (Oct 2020).
Flat C – new kitchen inc hob, oven, dishwasher & gas boiler, new bathroom (April - June 2018).
Flats A & B – new shower enclosure and shower (Aug 2022).
New carpets to communal areas and all flats (Aug 2020 - Aug 2021).
The property has been well maintained over the past 24 years with regular decoration, electrical works when and where required, full NICEIC electrical certification, Gas certification, mains wired fire alarm certification, HMO licenses for Flats A & B. The windows are UPVC double glazed and the loft is insulated.
Energy Performance Certificate (Epc) - FLAT A: Rating - D / FLAT B: Rating - C / FLAT C: Rating - C
Viewings - Strictly by appointment with Maggs & Allen - .
Brochures
97 Chesterfield Road.pdfEnergy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Chesterfield Road, St. Andrews, Bristol
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Montpelier Station0.3 miles
- Redland Station0.7 miles
- Stapleton Road Station0.8 miles
About the agent
Auction, Commercial and Investment Property Services
Maggs + Allen offer a complete property solution for both the public and professional markets.
We are:
* Chartered Surveyors
* Auctioneers
* Commercial Sales & Letting Agents
* Land & New Homes
* Licensed Estate Agents
* Residential Letting & Management Agents
Maggs & Allen can advise and help with all your Property requirements from the leasing, sale or acquisition of offices, shops, in
Industry affiliations
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Visit our security centre to find out moreDisclaimer - Property reference 32985248. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Maggs & Allen, Auction, Commercial & Investment. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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