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Gloucester Road, Horfield, Bristol

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

Welcome to this fantastic property located on Gloucester Road in the vibrant area of Horfield, Bristol. This charming house boasts not only a prime location but also a great investment opportunity.

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.
Ask agent
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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About Accommodation Unlimited, Bristol

13 Chandos Road, Redland, Bristol, BS6 6PG

What makes Accommodation Unlimited the property management company of choice for so many landlords? Here are just some of the reasons.

Putting Customers First

Customers come first in our business.

First and foremost we will undertake to manage your property with the maximum efficiency and care at our command.

We will endeavour to find a suitable tenant for your property within four weeks of taking instruction.

We guarantee that your property will be displayed on our internet site, included in our weekly newspaper advertising and details notified to potential tenants within five working days of receiving your instruction.

We guarantee that we will interview and take up written references on all prospective tenants.

We undertake to attend all emergencies within 12 hours and all non-emergency work within 48 hours.

We guarantee that all tradespeople used for repairs and redecoration will be suitably qualified.

No additional charges, other than the direct costs of the trades people will be levied for organising the service.

We will undertake to keep all our landlords informed about legislation or material charges that occur, in writing, and through our quarterly news bulletins.

We guarantee to appoint a fully experienced Letting Manager to take care of your property. We will also guarantee to communicate any personnel changes in writing.

We are members of, and adhere to, the Bristol Association of Letting and Managing Agents' (BALMA) code of practise.

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B.A.L.M.A. is an established association of agents sharing their professionalism, striving to achieve high standards to benefit both tenants and landlords; whether private home owners, professional landlords or investment companies.

B.A.L.M.A. Code of Practice:

A member will provide services to all concerned without regard to consideration of race, ethnic or national origins, sex or disability. In particular members will not act on discriminatory instruction or reassure and will as far as practicable follow the Race Relations code of Practice in Rented Housing. (Keeping in line with government guidelines as laid down in the Race Relations Act 1976. Sex Discrimination Act 19'74, Accommodation Agencies Act section 137, Housing Act 1988 Section 180. Local Government Housing Act 1987).

Every member should keep at least one bank account (Client Account) which shall be separate from the firms trading account(s). Any money held in such an account should not be available for the trading purposes of the firm or the security. for a loan or for any other purpose, save where specifically authorized by the client.

Every member shall comply and conform to the content and spirit of the Constitution of the association, a copy should be kept available at your office.

A member should also keep proper written accounts to show dealings as they relate to individual clients.

Every member shall be under a duty to avoid any act which involves dishonesty or behavior of an unscrupulous or deceitful nature which shows moral unfitness to be a managing agent or in any way brings the Association into disrepute.

Members agree when letting property not to demand a payment of a sum of money in consideration of registering the name or requirements of a person seeking the tenancy of a house or flat, or in consideration of supplying particulars of houses or flats to let. A fee shall only become payable when a tenancy is formally accepted.

A member shall not seek or conduct business by methods which are designed to take unfair advantage of any weakness or ignorance of the part of any person.

A member shall use all diligence looking after its client's interest and shall take all reasonable steps to protect and promote its client's interests.

A member shall ensure that each client is aware from the outset of the terms and conditions upon which its services are supplied. Before accepting. instructions a member shall disclose in writing to his client any existing conflict of interest of circumstances likely to give rise to a conflict of interest.

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Disclaimer - 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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