Hollis Morgan Auctions says ..

Property Oracle says ..

The property is a freehold block of four flats in Easton, Bristol, listed at £585,000. It is described as an investment opportunity generating £65,550 per annum in rental income, with a lease running until 2029. The flats appear to have been recently converted (2021), and the provided photographs show modern, well-maintained interiors. Each flat includes a modern kitchen and bathroom. The location in Easton, Bristol, is a factor to consider. Easton has seen significant regeneration in recent years, and while it offers a vibrant and diverse community, it is also known for having pockets of higher crime rates compared to other areas of Bristol. Proximity to Stapleton Road and Lawrence Hill train stations provides convenient access to public transportation. The presence of several nearby schools, including Whitehall Primary School (rated Outstanding), is a positive aspect for families. While the listing mentions a plot size, the actual square footage is not provided, making it impossible to assess the land or provide a price per square foot analysis. The lack of information on the property’s size makes a comprehensive price assessment challenging. However, considering the rental income and the property’s apparent good condition and modern conversion, the asking price might be considered reasonable for an investment property in this location, though more information is needed for a definitive conclusion. Further investigation into the specifics of the lease agreements and the potential for future rental income would be necessary for a complete financial assessment.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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