4 bedroom block of apartments for sale

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4 bedroom block of apartments for sale

Victoria Road, St. Philips, Bristol, BS2
£525,000

Our Summary

  • A superb investment opportunity offering 4 self contained apartments, offered with vacant possessionHunters are thrilled to present for sale this superb opportunity to secure a development of four, one bedroom self contained apartments
  • Offered to the market with no onward chain whilst needing modernisation the development its sure to prove perfect for any investor wanting a ready made opportunity in this superb up and coming location

Description

A rare investment opportunity to acquire a development of four one-bedroom self-contained apartments in the up-and-coming area of St Phillips, Bristol. The apartments are offered with vacant possession and need modernisation, but boast built-in kitchens, three-piece shower rooms, and 'Valliant' combination boilers. The property also features a private communal garden to the rear. The apartments are on individual leases, but the freehold of the building is also available for purchase. The council tax band for each apartment is band A, and the estimated rental appraisals are £1,100-£1,000 per month. The investment yield is approximately 9.60%. The EPC bands are awaited, but the apartments are expected to be in band B.
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