2 bedroom apartment for saleWells Road, Knowle, Bristol
- Investment Opportunity
- Second Floor Maisonette
- Two Bedrooms (One En-Suite)
- Fitted Bathroom
- Gas Central Heating
INVESTMENT OPPORTUNITY - Due to the owner's ill health we are instructed to sell this extraordinarily large first and second floor maisonette to investors/Landlords Whilst in need of some capital investment, the property is priced to reflect this and, once completed, the yield is capable of increasing from the current 4.9% to well in excess of 5%. Currently, let on an Assured Shorthold Tenancy basis, the tenants are currently paying £760pcm with the opportunity to increase to in excess of £850.00pcm to reflect the refurbishment potential.
Accommodation Comprises -
Communal Entrance - Communal entrance door for two flats (294a and 296a) approached from Greenmore Road
Stairs And Landing - Communal stairs and landing to each flat.
Entrance Hall - Solid oak entrance door, stairs to upper floor, panel radiator.
Lounge - 5.0m x 4.6m (16'4" x 15'1") - Tall wrap around wooden double glazed windows to front and side, panelled radiator, open to:
Kitchen - 3.1m x 2.5m (10'2" x 8'2") - Window to side, fitted with a Beech effect range of wall and base units, oven, hob and extractor hood, integrated fridge and freezer, stainless steel inset sink, Ideal i-mini gas combination boiler
Bedroom Two - 3.5m x 3.3m (11'5" x 10'9") - Windows to side, panelled radiator with thermostat
Bathroom - White suite of panelled bath, pedestal wash basin and w.c., radiator, extractor fan, shaver light.
Upper Landing -
Bedroom One - 4.1m x 4.0m (13'5" x 13'1") - Dormer window to front, double radiator
En-Suite Shower - Corner shower cubicle with 'off the mains' shower, pedestal wash basin, w.c., radiator with thermostat, w.c., extractor fan, velux window
General - We are advised by the client that the property is Leasehold. An annual ground rent is payable at a rate of £235.00. Each flat contributes to the building insurance with the current annual premium being approximately £370.00
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