£399 K SOLD
LOT 39
Existing Income WORKSHOP 10 year lease producing £850pcm
expired in September 2017 – now rolling £625 PCM on rolling AST: in situ c. 9 years £625 PCM on rolling AST: in situ c. 6 years £625 PCM on rolling AST: in situ c. 6 years
FLAT A: FLAT B: FLAT C:
GUIDE PRICE : £330 K +++ BLOCK OF FLATS, 163, FISHPONDS ROAD, EASTVILLE, BS5 6PR
Eastville
PROPERTY AREA 3098.0 ft 2 /287.8 m 2
Block of flats + retail unit A prominent Freehold corner property arranged as 3 self-contained 2 bed flats/maisonettes with private entrances, retail unit and detached workshop to rear. Sold subject to existing tenancy agreements. Each unit has its own services and gas central heating. • Investment - Increase Income The property is fully let producing £32,700 PA . There is scope to increase these rents. The properties have been let for many years and would now benefit from basic updating but would suit breakup sale in this sought after central location. • Workshop with potential The workshop (subject to vacant possession and consents) has scope to create an additional residential unit or to extend Flat C to create a larger HMO style investment. POTENTIAL INCOME: £38,820 PA • Requires Updating/Break up sale
66
• Rental Appraisal: Piper property Flats - £695 pcm /
Renovated £750-£795pcm.
SOLICITORS
contact:
Giles Woodward, Barcan Kirby
g.woodward@barcankirby.co.uk
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