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Residential Investment for Auction Bristol BS49 £550,000
Guide Price:
£550,000
Auction Date:
14/09/2023
Property Types
A substantial former farmhouse that has been converted into seven self-contained flats (5 x 1-bedroom flats, 1 x 2-bedroom flat and 1 x studio flat) with a large car park to the rear. The property occupies a generous plot of approximately 0.22 acres that may offer potential for further development, subject to consents. The flats are currently fully-let producing a total rent of £38,604 per annum (below market level) with potential to increase to circa £57,000 per annum. An ideal investment or break-up opportunity.
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