Property description
RENTAL INVESTMENT OPPORTUNITY - a well-located 5 bedroom split level apartment currently producing a rental income of £26,100 (a 6% gross yield at the guide price) located in a fantastic, central location ideal for Bristol University students. Already let for the next academic year (2015/16) to the current tenants at an increased rent of £26,520.Located within ½ mile of Whiteladies Road, Bristol University Wells Hall and the city centre, on a bus link high street with local shops, pubs and restaurants on the doorstep
APPROACH:
via main front door to the right of Therapy Hair & Medispa on St Michaels Hill, up communal stairs to the first floor landing where you will find the private entrance to the first floor flat on the right hand side.
FIRST FLOOR
ENTRANCE HALLWAY:
doors off to bedroom 1, bedroom 2, bedroom 3, bathroom/wc, kitchen/dining room and separate cloakroom/wc. Wall mounted thermostat control for central heating, radiator and exposed stripped floorboards.
BEDROOM 1: - (front) (15'6\" x 8'7\" mx) (4.72m x 2.62m)
double bedroom with exposed stripped floorboards, large corner sash window and radiator.
BEDROOM 2: - (11'2\" x 9'5\") (3.40m x 2.87m)
double bedroom with exposed stripped floorboards, sash window to front and radiator.
BEDROOM 3: - (12'2\" max into recess x 8'6\") (3.71m x 2.59m)
large sash window to front, exposed stripped floorboards and radiator.
CLOAKROOM/WC:
low level wc, wall mounted wash basin, shaver point, extractor fan and inset spotlights.
BATHROOM/WC: - (8'1\" x 6'0\") (2.46m x 1.83m)
white suite comprising panelled bath with mixer taps and shower attachment, low level wc, pedestal wash basin, shaver point, extractor fan, inset spotlights and radiator.
KITCHEN/BREAKFAST ROOM: - (13'0\" x 12'0\") (3.96m x 3.66m)
generous sociable kitchen/breakfast room with recently fitted kitchen (2013) comprising base and eye level units, appliance space and plumbing for cooker, washing machine and dishwasher, worktop with inset stainless steel sink, further built in counter with appliance space beneath, large sash window to side, space for dining table, corner cupboard housing Worcester gas boiler and steps lead up into:
SITTING ROOM: - (17'5\" x 13'8\") (5.31m x 4.17m)
inset spotlights, sash window to side, exposed stripped floorboards, radiator, door with staircase leading up to the top floor landing.
TOP FLOOR
LANDING:
exposed stripped floorboards, hatch leading out onto roof and doors off to bedrooms 4 and 5.
BEDROOM 4: - (13'10\" x 7'0\") (4.22m x 2.13m)
double bedroom with sash window to side, exposed stripped floorboards and radiator.
BEDROOM 5: - (10'9\" x 7'1\") (3.28m x 2.16m)
double bedroom with exposed stripped floorboards, radiator, inset spotlights and roof light window.
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 999 year lease commencing 25 March 1980. 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 £40. 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 property6.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 buyer7.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.
Image of neighbourhood
Image of living room
Image of kitchen
Image of bedroom
Image of bathroom
Property Features :
- First Floor: hallway, bedroom 1, bedroom 2, bedroom 3, cloakroom/wc, bathroom/wc, kitchen/breakfast
- Top Floor: landing, bedroom 4 and bedroom 5
- Offered with no onward chain and as an ongoing investment
- A well-located apartment producing a generous income making it a worthy addition to an investor&acu