£275,000

3 bed property for sale

  1.  Hollis Morgan Auctions
  2.  Hollis Morgan Auctions
  3.  Hollis Morgan Auctions
Under offer
Freehold

Guide price

£275,000

3 bed property for sale

Greystoke Avenue, Southmead, Bristol BS10

3 beds
3 baths
2 receptions

Key Information

Tenure:
Freehold
Council tax band:
A

Local area information

Property location

Nearby amenities

  • Little Mead Primary Academy 0.2 miles
  • Badocks Wood E-ACT Academy 0.3 miles
  • Filton Abbey Wood 1.7 miles
  • Patchway 2.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Freehold
  • Mixed use block
  • Investment | £24,576 pa
  • 2 X flats | 1 X retail unit
  • Extended 8 week completion
Hollis Morgan - A Freehold mixed use investment ( 1566 Sq Ft ) comprising 2 x flats and 1 x retail unit producing income of £24,576 pa

The Property

Address | address | 169 Greystoke Avenue, Southmead, Bristol BS10 6AS

A Freehold mixed use property ( 1556 Sq Ft ) occupying a prominent corner position with accommodation arranged over three floors comprising

Ground Floor - Retail Unit
First Floor - Self Contained 2 Bedroom Flat
Top Floor - Self Contained 1 Bedroom Flat

Sold subject to existing tenancies.

Tenure - Freehold
Council Tax - A
EPC -

Utilities, Rights & Restrictions - Please refer to the Legal Pack
Flood Risk - Please refer to the Legal Pack

The Opportunity

Mixed use investment | break up

A Freehold investment opportunity fully let producing £2048 pcm | £24,576 pa

tff - Statutory Periodic Tenancy ( AST ) – Rent £660 pcm
Fff - Statutory Periodic Tenancy ( AST ) - Rent £788 pcm

Shop - Lease ends 31/10/2027 – Rent £600

The flats have been let for many years and have scope for some basic updating with potential to increase the rents or break up and individual sales in this popular letting area close to the hospital.
There is scope to convert the top floor flat into a 2 bedroom unit subject to consents.
Please refer to independent rental appraisals.

Location

The property is located in the heart of Southmead. Easy access is provided to Southmead Hospital, Airbus and Rolls Royce making this a great location with a strong rental demand including from Students at uwe. A wide range of local amenities are available on Southmead Road and Lidl supermarket are close by.

Rental Appraisal

What rent can we achieve for you?

The Bristol Residential Letting Co. Are confident this property would make a good rental investment if brought to a standard suitable for the professional rental market. Danny Dean of The Bristol Residential Letting Co suggests a rent in the region of;

169, Greystoke Avenue – tff - £800pcm – fff - £900pcm - 950pcm

If you would like to discuss more detail on the potential for rental, you can call me on or email () for a no obligation discussion. I am always happy to advise investors on maximising their investment.

Property Details Disclaimer

Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 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. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. 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.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

Report this listing

Listed by

Hollis Morgan - Land, Commercial & Investment

View agent properties
Logo of Hollis Morgan - Land, Commercial & Investment

Property descriptions and related information displayed on this page are marketing materials provided by - Hollis Morgan - Land, Commercial & Investment. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hollis Morgan - Land, Commercial & Investment for full details and further information.

  1. Zoopla
  2. For sale
  3. Bristol
  4. Southmead
  5. Greystoke Avenue

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.