£200 K SOLD
LOT 5
GUIDE PRICE : £185 K +++ 10, LONDON STREET, KINGSWOOD, BS15 1QZ
Kingswood
PROPERTY AREA 1002.6 ft 2 /93.1 m 2
Block of two flats A Freehold mid terrace period property with enclosed rear garden located just off the busy Kingswood High Street. The property has been arranged as 2 self contained one bedroom flats for many years. • Sold subject to existing tenancies • Investment opportunity The flats are currently occupied with professional tenants on AST contracts GROUND FLOOR : £600pcm (commenced May 2018) FIRST FLOOR : £550pcm (commended 2011) TOTAL : £1150pcm/£13,800pa • Scope to increase rents/Requires basic updating Both flats have been let for a number of years and would now benefit from updating. Potential Rents:
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G ROUND F LOOR : £725pcm (Proposed) F IRST F LOOR : £650pcm (Proposed) T OTAL : £1375pcm/£16,500pa (Proposed) • Break Up/Resale There is scope to sell the flats individually.
SOLICITORS
contact:
Robin Phillips, Mowbray Woodwards
arp@mowbraywoodwards.co.uk
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