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1 bedroom house for sale
Holly Close, Speedwell, Bristol
£90,000
Holly Close, Speedwell, Bristol
£90,000
Our Summary
- This first-floor one-bedroom flat offers an excellent investment opportunity, with great potential to add value through modernisation
- With around 44 years remaining on the lease, this property is available to cash buyers only
- For Sale By Auction - This property is due to feature in our online auction on 24 April 2025 at 6
- The property is in need of some modernisation, offering great potential to add value
- With approximately 44 years remaining on the lease, this property is only available to cash buyers
- A superb investment opportunity with great rental potential and scope to refurbish and sell on if the lease is extended
- 24 April LIVE ONLINE AUCTION
- In need of some modernisation
- Leasehold – approximately 44 years remaining (cash buyers only)
Description
This first-floor one-bedroom flat in Speedwell, Bristol, presents an excellent investment opportunity for cash buyers. The property requires modernization and has great potential to add value. It features an allocated parking space and is conveniently located near local amenities and transport links. Once refurbished, it is expected to generate an annual rental income of around £12,000, providing a strong rental yield of 13.3% based on the guide price. With approximately 44 years remaining on the lease, this property is ideal for investors seeking a stable income stream and potential for future resale. The area offers good local amenities, including schools, shops, and parks, with strong public transport links to Bristol city centre and surrounding areas.