Gloucester Road, Horfield, Bristol

- PROPERTY TYPE
Block of Apartments
- 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.
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Key features
- Fantastic investment opportunity
- 3 x Flats
- 1 x Shop
- 1 x Garage
- Rental income £45,300 PA
- Gloucester Rd location
- Scope to increase income
Description
Situated on the popular Gloucester Road, this property consists of three flats, all currently tenanted, providing a steady rental income. Additionally, there is a shop and a garage on the premises, both of which are also currently tenanted or rented out, contributing to the overall annual rent of £45,300. With a gross return of 5.9%, this property offers a solid investment opportunity for those looking to expand their portfolio.
The bustling Gloucester Road is known for its eclectic mix of independent shops, cafes, and restaurants, making it a desirable location for both residents and businesses alike. With its vibrant atmosphere and excellent transport links to the city centre, this property is sure to appeal to those seeking a bustling yet convenient lifestyle.
Don't miss out on the chance to own a property in one of Bristol's most sought-after areas. Whether you're looking to invest or to settle down in a lively neighbourhood, this property on Gloucester Road has something to offer for everyone. Contact us today to arrange a viewing and secure this fantastic opportunity!
Flat 1 - Living Room - 4.14 x 3.84 (13'6" x 12'7") - A good sized living room looking out onto Gloucester Rd
Flat 1 - Kitchen - 2.49 x 2.13 (8'2" x 6'11") - Situated just off the living room this kitchen could benefit from upgrading
Flat 1 - Bedroom 1 - 2.56 x 3.05 (8'4" x 10'0") - A good sized double bedroom. situated at the rear of the property and therefore not affected by road noise
Flat 2 - Bedroom 2 - 3.11 x 3.05 (10'2" x 10'0") - A double bedroom
Flat 1 - Bathroom - 2.18 x 2.06 (7'1" x 6'9") - Fitted bathroom with shower
Flat 2 - Flat 2 is a 1 Bedroom apartment with the property accessed from Quarrington Rd. Facing the rear of the property this double one bedroom apartment is quiet yet still close to Gloucester Rd It has gas central heating and double glazing. It is currently rented for £875 pcm and the current tenancy runs until December 2024
Flat 2 - Bedroom - 3.8 x 2.67 (12'5" x 8'9") - Good sized double bedroom
Living Room - 3.9 x 3.69 (12'9" x 12'1") - A good sized living room with views to the south with access to the open plan kitchen
Kitchen - 2.0 x 1.58 (6'6" x 5'2") - Open plan kitchen off the living room with fitted hob and oven
Bathroom - 2.76 x 1.31 (9'0" x 4'3") - Bathroom with bath and shower
Flat 3 - Flat 3 is situated on the ground floor and comprises of 2 x good sized double bedrooms an open plan living room and kitchen and a bathroom.
It is currently rented out for £1,200 pcm and the tenancy commenced in May 2024. The flat has been recently decorated (April 2024) but could do with some general updating which could see an increase in rent
Living Room - 3.86 x 4.31 (12'7" x 14'1") - A good sized living room at the rear of the building
Open Plan Kitchen - 2.35 x 1.95 (7'8" x 6'4") - Fitted kitchen with fitted hob and oven
Bedroom 1 - 3.65 x 2.54 (11'11" x 8'3") - A double bedroom
Bedroom 2 - 3.7 x 2.67 (12'1" x 8'9") - Virtually identical in size to Bedroom 1. When this property is rented out, it is always attractive to prospective tenants as the rooms are roughly equal in size
Shop - Facing Gloucester Rd is the shop, which is currently rented to a beauty salon at a monthly rental of £700. the lease is a rolling contract and the property has recently been adapted to the needs of the current tenant
Shopfloor - 7.01 x 5.58 (22'11" x 18'3") - An open plan shop floor with large windows out onto Gloucester Rd. The property is alarmed
Treatment Room - 2.98 x 1.58 (9'9" x 5'2") - Set up as a private treatment room for customers
Garage - In addition to the main building, there is also a detached garage which is rented out to a nearby shop for £100 per month
Brochures
Gloucester Road, Horfield, BristolBrochure- 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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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Gloucester Road, Horfield, Bristol
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Visit our security centre to find out moreDisclaimer - Property reference 33361492. 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 Accommodation Unlimited, Bristol. 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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