4 bed property for sale

Hepburn Road, Bristol BS2

Investment opportunity. Located on Hepburn Road, St Pauls, sits this three storey investment property currently partially let.

The potential gross rental income of this property is estimated to be in the region of £38,000 per annum once fully let and potential increases (currently sitting at £23,640 from three of the four units) in the property's current condition, and the potential breakup value after some alterations is estimated to be in the region of £600,000.

The property is located 2 minutes walk from culturally vibrant Stokes Croft, and about 10 minutes walk from the Cabot Circus shopping Centre and Bristol city centre.

The basement flat consists of a lounge, bedroom, shower room and kitchen with use of the garden currently tenanted at £840pcm with potential for increases.

The ground floor has two single room studio bedsits with shared shower-room, one currently let for £500pcm with the other currently vacant but could be let for £600pcm as recently refurbished.

The first floor consists of a further one bedroom flat currently let at £630pcm with potential for increases.

There are two Band A Council Tax bills payable for the building ( 1 x Band A for the garden/basement flat & 1 x Band A for the entire rest of the building).

Sold with no onward chain.

Please note we are awaiting floorplan for second bedsit on the ground floor and the marketing photos for one ground floor bedsit and the first floor flat.