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1 bedroom flat for sale
Standfast Road, Bristol
£150,000
Standfast Road, Bristol
£150,000
Our Summary
- The flat is due for its annual rent review and in the current market we would expect a significant uplift
Description
This one-bedroom apartment is a great opportunity for a first-time buyer or buy-to-let investor, situated in Henbury with easy access to Cribbs Causeway and the M5. The property is well-maintained and features gas central heating, double glazing, and an allocated parking space. The open-plan kitchen/living area is light and airy, with a Juliet balcony, and the bedroom is a good size with double-glazed windows. The modern bathroom has a bath and shower. The property is currently rented for £750 per month, returning a 6% gross ROI, and has had only two tenants in the last eight years. With a recent EICR and gas safety certificates, the property is fully compliant for rental purposes and is due for its annual rent review, which is expected to result in a significant increase.