Standfast Road, Bristol
Property Summary
We are delighted to offer this generously priced apartment ideal for a first time buyer or buy to let investment. Situated in Henbury this apartment is within easy reach of Cribbs Causeway and the M5. Currently rented for £750 pcm this apartment is currently returning 6% ROI.
FIRST TIME BUYER
If you are looking for your first home then this flat could be just what you are looking for. A well maintained 1 bedroom apartment with gas central heating, double glazing and an ALLOCATED PARKING SPACE. This is a flat that is bound to attract interest
Property Features
- Excellent for first time buyer
- Good rental return for BTL investment
- Off Street parking
Full Details
Buy to let opportunity
If you are looking fort your first buy to let investment or maybe you are looking to add to your portfolio this could be the flat for you. Currently rented for £750 per month, this property has not been empty in 8 years! Well maintained communal areas this 1 bedroom flat comes with an allocated parking space and is due for a rent review.
Can't afford to buy? Think again
What a great opportunity for your first home. This one bedroom flat will make a great first home at an affordable price. Situated on a quiet road just a short drive from Cribbs Causeway and the M5 this flat comes with allocated parking.. It is well maintained and comes with vacant possession.
Kitchen/Living Room 4 x 4.5 (13'1" x 14'9")
facing the communal gardens this open plan Kitchen/Living area is light and airy a good size. There is a fitted gas hob with electric oven There is a Juliet Balcony
Bedroom 3 x 3 (9'10" x 9'10")
Light airy bedroom front facing. Double glazed windows
Bathroom 2 x 1.51 (6'6" x 4'11")
A modern bathroom with bath and shower
Buy to let information
Our client bought this specifically as a buy to let investment and is only selling it due to external reasons. The flat has had just two tenants in the last 8 years,. The current tenants moved in in the Summer of 2022 and currently pay £750 pcm giving a gross ROI of 6%. It is fully compliant for a rental property with current Gas Safety certificates and a recent EICR. The flat is due for its annual rent review and in the current market we would expect a significant uplift