GUIDE PRICE : £325 K +++ 45, ST. LUKES ROAD, VICTORIA PARK, BS3 4RX
PROPERTY AREA 1477.5 ft 2 /137.3 m 2
Block of Flats A Freehold mid terraced property that was converted from an HMO into a pair of self contained apartments in 2013 located just off St. Johns Lane within the popular residential area of Victoria Park. • Investment Both units offer excellent rental potential in this highly sought after central location. Maisonette : Currently vacant but recently let for £850 PCM ; Garden Flat: Let for £750 PCM on AST agreement. There may be scope to increase the rents • Break-up/Refurb/Resale Both properties would benefit from some basic refurbishment having been let since 2013 and then could be offered for sale individually.
Maisonette: Resale Value £240k Garden Flat: Resale Value £185k Total: £420k
• Rental Appraisal: The Bristol Residential Letting Co. 2-bed Maisonette: £850-£900pcm PCM 1-bed Garden Flat: £750-£775 PCM
Charles Fleming , Holley & Steer, Solicitors,
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