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Hepburn Road, Bristol BS2 4 bed property for sale
Hepburn Road, Bristol BS2
£475,000
Hepburn Road, Bristol BS2
£475,000
Our Summary
- INVESTMENT OPPORTUNITY
- The potential gross rental income of this property is estimated to be in the region of £38,000 per annum once fully let and potential increases (currently sitting at £23,640 from three of the four units) in the property's current condition, and the potential breakup value after some alterations is estimated to be in the region of £600,000
- The basement flat consists of a lounge, bedroom, shower room and kitchen with use of the garden currently tenanted at £840pcm with potential for increases
- The first floor consists of a further one bedroom flat currently let at £630pcm with potential for increases
Description
This three-storey investment property on Hepburn Road, St Pauls, offers a lucrative opportunity for investors. Currently partially let, the property has the potential to generate a gross rental income of £38,000 per annum once fully let, with room for increases. The property is situated just a 2-minute walk from the vibrant Stokes Croft area, 10 minutes from Cabot Circus shopping centre, and 10 minutes from Bristol city centre. The property comprises a basement flat, two ground-floor studio bedsits, and a first-floor one-bedroom flat, all with potential for rent increases. With a potential breakup value of £600,000 after some alterations, this property presents a solid investment opportunity for those looking to generate a strong rental income.