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5 bedroom flat for sale
Investment + Development | Bishopston
£550,000
Investment + Development | Bishopston
£550,000
Our Summary
- Hollis Morgan – NOVEMBER LIVE ONLINE AUCTION – A Freehold MIXED USE BLOCK ( 3590 Sq Ft ) comprising 4 x FLATS | Retail Unit + RESI DEVELOPMENT at rear | Potential INCOME £100k + paFor Sale By Live Online Auction - ADDRESS | 209 Gloucester Road, Gloucester Road, Bristol BS7 8NNLot Number 37*** PLEASE NOTE NEW AUCTION START TIME - NOW 12:00 ***The Live Online Auction is on Wednesday 19th November 2025 @ 12:00 NoonRegistration Deadline is on Friday 14th November 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can choose to bid by telephone, proxy or via your computer
- Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”Guide Price Range - The vendors have issued a guide price range of £550,000 - £650,000 for this lot
- DEVELOPMENTVacant Resi to rear with scope for development ( stc ) Tenure - FreeholdCouncil Tax - Band AEPC - C, E, C, & DThe Opportunity - RESIDENTIAL INVESTMENTThe upper floors comprise 4 tenanted residential units ( 3 Studio | 2 Bed Flat ) let on AST producing £53,400 pa The Flats are accessed via newly created entrance hall at the front of the property
- DEVELOPMENT @ REARThe rear of the property is a large single storey building with scope for residential development and independent pedestrian access from Somerville RoadThe unit would suit either 2 x 2 beds or a single larger dwelling
- RESI CONVERSION OF RETAIL UNIT The existing Retail unit (Class E) which is at the front of the building with an excellent trading position onto Gloucester Road is currently vacant but has scope for a residential conversion and additional unit subject to consents
- There is also a large void section in the middle of the ground floor space that has no natural light but a lot of space and scope to be either Incorporated into either the retail unit space or into the rear development
- Danny Dean of The Bristol Residential Letting Co suggests a rent in the region of;209 Gloucester Road – Studio flats - £1050 - £1150pcm | - £1400pcm - £1500pcmIf you would like to discuss more detail on the potential for rental, you can call me on or email ( ) for a no obligation discussion
- FOR SALE BY ONLINE AUCTION
- NOVEMBER LIVE ONLINE AUCTION
Description
This is a freehold mixed-use property located on Gloucester Road in Bristol, comprising a vacant retail unit and four residential flats. The property has a total floor area of 3590 square feet and is being sold through a live online auction on November 19th. The retail unit is currently vacant but has scope for residential conversion, and the rear of the property has potential for further development. The four residential flats are let on assured shorthold tenancies, producing an annual income of £53,400. The property also has potential for additional income from the vacant retail unit, which local agents have quoted a rental income of £16,800 per annum. With a guide price range of £550,000 to £650,000, this property offers a unique investment opportunity with potential income of £100,000 or more per annum.