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High Street, Bristol BS11 Block of apartments for sale
High Street, Bristol BS11
£1,150,000
High Street, Bristol BS11
£1,150,000
Our Summary
- AccommodationThis exceptional investment opportunity presents a modern block of six well-appointed two-bedroom apartments, offering both immediate rental income and strong future potential
Description
This exceptional investment opportunity presents a modern block of six well-appointed two-bedroom apartments, generating a predicted annual income of £79,200 and offering a potential return of approximately 6.8%. The apartments, which are currently let under Assured Shorthold Tenancies, feature two spacious bedrooms, a comfortable lounge/diner, a well-equipped kitchen, and a modern bathroom, with additional benefits including gas central heating, double glazing, and allocated parking. The block is situated in a sought-after area with strong tenant demand and offers a secure and rewarding proposition for investors, with a newly granted 999-year lease, a share of the freehold, and no ground rent obligations.