An exciting investment/development opportunity less than 100 yards from Whiteladies Road.
An exciting opportunity to acquire a substantial Freehold property with income prospects and in the heart of Redland. Approximately 50 yards from the popular Whiteladies Road with an array of amenity including coffee shops, restaurants and a number of supermarkets.
The property is currently arranged as 2x two bedroom apartments and 4x studio apartments generating an annual rent of £66,840. A stone path leads to the generous entrance hall on the side elevation and all six properties are accessed from this space.
Stairs descend to the two bedroom garden flat which benefits from its own private south-facing garden at the rear. There are four studio apartments over the ground and first floor and a light and bright two bedroom apartment completes the accommodation on the top floor.
A number of the tenancies are now on rolling contracts and the remainder are due to expire within the next six months, offering flexibility to carry out works/reconfigure each of the flats in due course. There is an opportunity to convert the property back into a family home, subject to the necessary consents.
View payable Stamp Duty for this property
A rare opportunity to acquire a significant building close to Whiteladies Road with flexibility to reconfigure or convert back into a family home.Troy BuddProperty agent