House For Sale £750,000
Hollis Morgan - A Freehold block of 4 X 1 bed flats producing an income of £42,600 pa with scope to increase rent or break up and sell individually.
The Property
Address | 206 Wells Road, Knowle, Bristol BS4 2AX
A Freehold semi detached period property ( 2054 Sq Ft ) with accommodation arranged over two floors and arranged as four well presented self contained one bedroom flats.
Sold subject to existing AST tenancies.
Flat 1 - Ground Floor Front | Private Entrance | Lounge | Bedroom | Kitchen | Bathroom | Private Garden
flat 2 - Ground Floor Rear | Lounge | Bedroom | Kitchen | Bathroom | Private Garden
flat 3 - First Floor Front | Lounge | Bedroom | Kitchen | Bathroom
flat 4 - First Floor Rear | Lounge | Bedroom | Kitchen | Bathroom
Council Tax Band: A (All Flats)
Location
The property is situated on the Wells Road within the incredibly popular suburb of Knowle. Local amenities and services are all within close proximity whilst Bristol Temple Meads is less than a mile away and provides direct rail routes in and out the City Centre which is approximately two miles away.
The Opportunity
Current income | £42,600 pa
Flat 1 - £895 pcm
Flat 2 - £950 pcm
Flat 3 - £780 pcm
Flat 4 - £925 pcm (moved in 3rd Oct 2022)
Total - £3,550 pcm
potential rents | £44,940 pa
Flat 1 - £895 pcm
Flat 2 - £950 pcm
Flat 3 - £975 pcm
Flat 4 - £925 pcm
Total - £3,745 pcm
break up schedule | £880,000
Flat 1 - £230,000
Flat 2 - £230,000
Flat 3 - £210,000
Flat 4 - £210,000
Property Details Disclaimer
Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.
The Property
Address | 206 Wells Road, Knowle, Bristol BS4 2AX
A Freehold semi detached period property ( 2054 Sq Ft ) with accommodation arranged over two floors and arranged as four well presented self contained one bedroom flats.
Sold subject to existing AST tenancies.
Flat 1 - Ground Floor Front | Private Entrance | Lounge | Bedroom | Kitchen | Bathroom | Private Garden
flat 2 - Ground Floor Rear | Lounge | Bedroom | Kitchen | Bathroom | Private Garden
flat 3 - First Floor Front | Lounge | Bedroom | Kitchen | Bathroom
flat 4 - First Floor Rear | Lounge | Bedroom | Kitchen | Bathroom
Council Tax Band: A (All Flats)
Location
The property is situated on the Wells Road within the incredibly popular suburb of Knowle. Local amenities and services are all within close proximity whilst Bristol Temple Meads is less than a mile away and provides direct rail routes in and out the City Centre which is approximately two miles away.
The Opportunity
Current income | £42,600 pa
Flat 1 - £895 pcm
Flat 2 - £950 pcm
Flat 3 - £780 pcm
Flat 4 - £925 pcm (moved in 3rd Oct 2022)
Total - £3,550 pcm
potential rents | £44,940 pa
Flat 1 - £895 pcm
Flat 2 - £950 pcm
Flat 3 - £975 pcm
Flat 4 - £925 pcm
Total - £3,745 pcm
break up schedule | £880,000
Flat 1 - £230,000
Flat 2 - £230,000
Flat 3 - £210,000
Flat 4 - £210,000
Property Details Disclaimer
Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.
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