Property description
HIGH YIELDING INVESTMENT OPPORTUNITY - a large 5 bedroom maisonette occupying the upper two floors of this attractive and well located period building. Already let for the 2016/17 academic year and producing an annual rental income of £25,800 (a 5.64% yield at the guide price)
ACCOMMODATION
APPROACH:
via its own front door and therefore private entrance at pavement level, entering the front door there is a lower landing and half flight of stairs up to the main first floor landing.
FIRST FLOOR
LANDING:
doors off to the lounge/dining room, kitchen, bedroom 1 and shower room/wc, understairs storage area, wall mounted controls for the gas central heating boiler, safety lighting and staircase continuing up to the second floor.
LOUNGE/DINING ROOM: - 24\‘ 0\" max x 15\‘ 6\‘\‘ (7.31m x 4.72m)
large communal lounge/dining room with 4 large sash windows to front providing plenty of natural light and an interesting street scene towards the shops, cafes and restaurants of Colston Street opposite, period fireplace and radiators.
KITCHEN: - 10\‘ 2\‘\‘ x 9\‘ 0\‘\‘ (3.10m x 2.74m)
a range of fitted base and eye level kitchen units with roll edged worktop over and inset 1½ bowl sink and drainer unit with tiled splashbacks, large sash window and further smaller window to rear, plumbing and appliance space for washing machine and dishwasher, wall mounted Worcester gas boiler, stainless steel electric oven with 4 ring gas hob and chimney hood over and radiator.
BEDROOM 1: - 14\‘ 1\‘\‘ max x 11\‘ 2\‘\‘ max (4.29m x 3.40m)
2 large sash windows to side with secondary glazing, feature fireplace with wood surround and mantle and radiator.
SHOWER ROOM/WC:
low level wc, wall mounted wash basin and step up into small shower enclosure with system fed shower.
SECOND FLOOR
LANDING:
doors off to bedroom 2, bedroom 3, bedroom 4, bedroom 5 and principal bathroom/wc. Safety lighting, loft hatch and large Velux skylight window flooding the landing and stairwell with natural light.
BEDROOM 2: - 14\‘ 10\‘\‘ max x 10\‘ 0\‘\‘ max (4.52m x 3.05m)
double bedroom with 2 large sash windows to side, attractive period fireplace and radiator.
BEDROOM 3: - 14\‘ 6\‘\‘ max x 12\‘ 4\‘\‘ max narrowing to a point (4.42m x 3.76m)
irregular shaped bedroom with 3 large sash windows to front offering a cityscape outlook over rooftops of the city centre and radiator.
BEDROOM 4: - (front) 15\‘ 8\‘\‘ x 10\‘ 0\‘\‘ max (4.77m x 3.05m)
sash window to front offering a fabulous cityscape outlook over the rooftops of the city centre towards South Bristol, period fireplace and radiator.
BEDROOM 5: - (rear) 14\‘ 0\‘\‘max x 11\‘ 5\‘\‘ (4.26m x 3.48m)
sash window to rear, attractive period fireplace and radiator.
BATHROOM/WC: - 6\‘ 10\‘\‘ x 5\‘ 9\‘\‘ (2.08m x 1.75m)
white suite comprising panelled bath with system fed shower over, low level wc and pedestal wash basin, extractor fan, part tiled walls and radiator.
IMPORTANT REMARKS
VIEWING & FURTHER INFORMATION:
available exclusively through the sole agents, Richard Harding Estate Agents, tel: 0117 946 6690.
FIXTURES & FITTINGS:
only items mentioned in these particulars are included in the sale. Any other items such as carpets etc. are not included but may be available by separate arrangement.
TENURE:
it is understood that the property is leasehold for the remainder of a 990 year lease which commenced 2006/07. This information should be checked by your legal adviser.
SERVICE CHARGE:
it is understood that at the time of writing these particulars the monthly service charge is £???. This information should be checked by your legal adviser.
PLEASE NOTE:
1.The photographs may have been taken using a wide angle lens.2.Any services, heating systems, appliances or installations referred to in these particulars have not been tested and no warranty can be given that these are in working order. Whilst we believe these particulars to be correct we would be pleased to check any information of particular importance to you. 3.We endeavour to make our sales details accurate and reliable but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. The seller does not make any representation or give any warranty in relation to the property and we have no authority to do so on behalf of the seller. 4.Please contact us before viewing the property. If there is any point of particular importance to you we will be pleased to provide additional information or to make further enquiries. We will also confirm that the property remains available. This is particularly important if you are contemplating travelling some distance to view the property. 5.Any floor plans provided are not drawn to scale and are produced as an indicative rough guide only to help illustrate and identify the general layout of the property.6.Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, building regulations, listed buildings or other consents have been obtained. These matters must be verified by any intending buyer.7.Please be aware that firstly, areas of first priority (AFP) for schools do change and, secondly, just because a property is located within an AFP this does not mean schooling is guaranteed for resident children. Please make appropriate enquiries of the local authority to ensure you are fully aware of the exact position prior to exchange of contracts.
Property Features :
- Situated in a prime location for students within a short level walk of Bristol University, the BRI
- Also within easy walking distance of the city centre and other central areas including Clifton
- Proposed rental income for 2017/18 academic year of £27,420 (figures provided by the current
- A fabulous opportunity to purchase an extremely well located student investment property producing
Property Info: