Residential Investment Property for Auction Bristol BS15
Guide Price £185,000. A freehold corner property arranged as 4 x 1-bedroom flats (two of which have been sold off on long leases that produce a ground rent income of £500 per year). The remaining two flats are currently let producing £15,600 per annum with potential to increase to circa £18,000 per annum. Full planning consent has been granted to extend the ground floor flat to the front and convert the loft space to provide a bedroom and study connected to the rear first floor flat. An excellent investment/development opportunity situated in a highly convenient location.
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