Gloucester Road, Horfield, Bristol
Property Summary
Situated on the popular Gloucester Road, this property consists of three flats, all currently tenanted, providing a steady rental income. Additionally, there is a shop and a garage on the premises, both of which are also currently tenanted or rented out, contributing to the overall annual rent of £45,300. With a gross return of 5.9%, this property offers a solid investment opportunity for those looking to expand their portfolio.
The bustling Gloucester Road is known for its eclectic mix of independent shops, cafes, and restaurants, making it a desirable location for both residents and businesses alike. With its vibrant atmosphere and excellent transport links to the city centre, this property is sure to appeal to those seeking a bustling yet convenient lifestyle.
Don't miss out on the chance to own a property in one of Bristol's most sought-after areas. Whether you're looking to invest or to settle down in a lively neighbourhood, this property on Gloucester Road has something to offer for everyone. Contact us today to arrange a viewing and secure this fantastic opportunity!
Full Details
Flat 1 - Living Room
4.14 x 3.84 (13'6" x 12'7")
A good sized living room looking out onto Gloucester Rd
Flat 1 - Kitchen
2.49 x 2.13 (8'2" x 6'11")
Situated just off the living room this kitchen could benefit from upgrading
Flat 1 - Bedroom 1
2.56 x 3.05 (8'4" x 10'0")
A good sized double bedroom. situated at the rear of the property and therefore not affected by road noise
Flat 2 - Bedroom 2
3.11 x 3.05 (10'2" x 10'0")
A double bedroom
Flat 1 - Bathroom
2.18 x 2.06 (7'1" x 6'9")
Fitted bathroom with shower
Flat 2
Flat 2 is a 1 Bedroom apartment with the property accessed from Quarrington Rd. Facing the rear of the property this double one bedroom apartment is quiet yet still close to Gloucester Rd It has gas central heating and double glazing. It is currently rented for £875 pcm and the current tenancy runs until December 2024
Flat 2 - Bedroom
3.8 x 2.67 (12'5" x 8'9")
Good sized double bedroom
Flat 2 -Living Room
3.9 x 3.69 (12'9" x 12'1")
A good sized living room with views to the south with access to the open plan kitchen
Flat 2 - Kitchen
2.0 x 1.58 (6'6" x 5'2")
Open plan kitchen off the living room with fitted hob and oven
Flat 2 -Bathroom
2.76 x 1.31 (9'0" x 4'3")
Bathroom with bath and shower
Flat 3
Flat 3 is situated on the ground floor and comprises of 2 x good sized double bedrooms an open plan living room and kitchen and a bathroom.
It is currently rented out for £1,200 pcm and the tenancy commenced in May 2024. The flat has been recently decorated (April 2024) but could do with some general updating which could see an increase in rent
Flat 3 - Living Room
3.86 x 4.31 (12'7" x 14'1")
A good sized living room at the rear of the building
Flat 3 -Open plan Kitchen
2.35 x 1.95 (7'8" x 6'4")
Fitted kitchen with fitted hob and oven
Flat 3 - Bedroom 1
3.65 x 2.54 (11'11" x 8'3")
A double bedroom
Flat 3 - Bedroom 2
3.7 x 2.67 (12'1" x 8'9")
Virtually identical in size to Bedroom 1. When this property is rented out, it is always attractive to prospective tenants as the rooms are roughly equal in size
Shop
Facing Gloucester Rd is the shop, which is currently rented to a beauty salon at a monthly rental of £700. the lease is a rolling contract and the property has recently been adapted to the needs of the current tenant
Shopfloor
7.01 x 5.58 (22'11" x 18'3")
An open plan shop floor with large windows out onto Gloucester Rd. The property is alarmed
Treatment Room
2.98 x 1.58 (9'9" x 5'2")
Set up as a private treatment room for customers
Garage
In addition to the main building, there is also a detached garage which is rented out to a nearby shop for £100 per month