*INVESTMENT OPPORTUNITY* Shirehampton, High Street, Bristol, BS11Offers in the Region Of £1,150,000
On MarketMeyers Estate Agents- Poole (A) - 01202 057124DMP04131
- A Block Of 6 Two Bed Apartments
- 4 Currently Let on AST's
- Possible Return at 6.8%
- Parking
- Freehold Included
- Gas Central Heating & Double Glazing
- Parking Available On a First Come Basis
- New 999-year lease And Management Charge Of Approx £500 p.a. Per Apartment
A Block of SIX, TWO BEDROOM APARTMENTS, with four currently let under AST's. The block is predicted to income £79,200 p.a with a potential 6.8% return. Further details will be available upon request. Each apartment provides, two bedrooms, lounge, modern kitchen and bathroom, has double glazing and are gas central heated. Freehold sold with properties.
- Accommodation
This exceptional investment opportunity presents a modern block of six well-appointed two-bedroom apartments, offering both immediate rental income and strong future potential. With four of the units currently let under Assured Shorthold Tenancies (ASTs), the block generates a predicted annual income of £79,200, providing a potential return of approximately 6.8%.
Each apartment has been thoughtfully designed to cater to tenant demand, featuring two spacious bedrooms, a comfortable lounge/diner, a well-equipped kitchen, and a modern bathroom. Additional benefits include gas central heating, double glazing, and allocated parking, ensuring long-term appeal for both tenants and investors alike. Residents also have access to well-maintained communal gardens, adding to the desirability of the development.
- Lease Information
The investment is further strengthened by a newly granted 999-year lease, a share of the freehold, and no ground rent obligations. A modest management charge of approximately £500 per year ensures the upkeep of the communal areas while maintaining a cost-effective structure for landlords.
Located in a sought-after area with strong tenant demand, this is a rare opportunity to acquire a high-yielding, low-maintenance investment with an excellent rental track record. Whether expanding an existing portfolio or taking the first step into multi-unit property investment, this block offers a secure and rewarding proposition.
If you request a viewing of a property, we the Agent will require certain pieces of personal information from you in order to provide a professional service to both you and our clients. The personal information you provide may be shared with our client, but will not be passed to third parties without your consent. The Agent has not tested any apparatus, equipment, appliance, fixtures, fittings or services and so cannot verify that they are in working order, or fit for the purpose. A Buyer is advised to obtain verification from their solicitor and/or surveyor. References to the tenure/outgoings/charges of a property are based on information supplied by the seller - the Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their solicitor. Items shown in photographs/floor plans are not included unless specifically mentioned within the sale particulars. They may be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on a journey to view a property.
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