Freehold Block Of 4 Flats | Hotwells

Hollis Morgan – A Freehold BLOCK OF 4 SELF CONTAINED FLATS ( 2217 Sq Ft) now in need of BASIC UPDATING with scope for EXCELLENT INCOME or BREAK UP.

The Property - ADDRESS | Flats A, B, C, D 88 Hotwells Road, Hotwells, Bristol BS8 4UB

A Freehold end of terrace property with accommodation ( 2217 Sq Ft ) arranged over 4 floors comprising 4 self contained flats with excellent harbourside views. Flat A has private access from Hotwells road whilst flats B, C & D have access via a communal stairwell or via the privately owned lane / steps to the side of the property which also lead to a generous terraced garden.
Flat A & D - Subject to existing AST tenancies - please refer to legal pack
Flats B & C - Vacant

Tenure - Freehold
Council Tax - B
EPC - C | D | D | D
Utilities, Rights & Restrictions - Please refer to the Legal Pack
Flood Risk - Please refer to the Legal Pack

The Opportunity - 4 FLATS | BASIC UPDATING

The flats has been successfully let for many years and now require basic updating but have scope for an excellent investment or break up opportunity.
Please refer to independent rental appraisal and Hollis Morgan New Homes GDV schedule.

SCHEDULE OF ACCOMMODATION

FLAT A - Private Entrance | Reception with steps to Kitchen | Bedroom | Bathrooms | Courtyard
FLAT B - Kitchen | Separate Reception | Bedroom 1 | Bedroom 2 | Shower room
FLAT C - Kitchen | Separate Reception | Bedroom 1 | Bedroom 2 | Bedroom 2 | Bathroom
FLAT D - Kitchen | Separate Reception | Bedroom 1 | Bedroom 2 | Bathroom | Rear Terrace & Garden

SCHEDULE OF INCOME

FLAT A - Let on AST @ £1400 pcm
FLAT B - Vacant But previously let for £1700 pcm
FLAT C - Vacant But previously let for £1450 pcm
FLAT D - Let on AST @ £1150 pcm

Location - Hotwells with its charming mix of architecture from George Tully’s Dowry Square dating from 1720 to the maritime influence of the nearby Harbourside district, Hotwells is amongst the most sought after locations in the City. Excellent amenities with independent shops, boutiques, cafes, bars and restaurants can be found in nearby Clifton Village, Whiteladies Road and the Triangle. Brunel’s Clifton Suspension Bridge provides a gateway to the Ashton Court Estate with its woodlands, mountain bike trails and walks whilst there is excellent access to the exciting Harbourside district, The City Centre and Temple Meads.

Rental Appraisal - What rent can we achieve for you?

The Bristol Residential Letting Co. are confident this property would make a good rental investment if brought to a standard suitable for the professional rental market. Danny Dean of The Bristol Residential Letting Co suggests a rent in the region of;

Flats A, B, C, D, 88, Hotwell Road – Flat A - £1400pcm - £1500pcm | Flat B - £1700pcm - £1800pcm | Flat C - £1600pcm - £1700pcm | Flat D - £1600pcm - £1700pcm

If you would like to discuss more detail on the potential for rental, you can call me on or email ( ) for a no obligation discussion. I am always happy to advise investors on maximising their investment.

Property Details Disclaimer - Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.