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5 bedroom terraced house for sale
Hayward Road, Barton Hill, Bristol
£500,000
Hayward Road, Barton Hill, Bristol
£500,000
Our Summary
- Redfield is also popular with renters due to its proximitDESCRIPTIONThis substantial end-terrace property, originally constructed as two mid-terrace houses, has since been converted into four self-contained flats, offering fantastic potential for investors seeking a multi-unit property
- The three one-bedroom apartments are currently renting for between £700 and £800 per calendar month, however, we believe there is potential to achieve a higher rental income
- Currently, the property produces an income of £27,000 per annum, with the potential to increase to approximately £36,000 per annum
- Ideal investment opportunity with multiple income streams
- Strong rental demand and potential for high yields
- We understand that the property was originally built as a two-bedroom mid-terrace houses and currently generates an annual income of £27,000, with the potential to achieve up to £36,000 per annum
Description
This end-terrace property in Redfield, Bristol, has been converted into four self-contained flats, offering a fantastic opportunity for investors. The property features a spacious one-bedroom flat on the ground floor, another one-bedroom flat on the ground floor, and two one-bedroom and one two-bedroom flats on the upper level. The property currently produces an income of £27,000 per annum, with potential to increase to £36,000 per annum. The location benefits from excellent transport links, with regular bus services and easy access to Bristol city centre, as well as local amenities and green spaces. The property is being sold with a freehold title, which includes a perpetual "rent charge" arrangement.