MIXED USE BLOCK | £70K + PA
By Hollis Morgan Auctions
£ 675,000
Reviews
2 out of 5 stars
Hollis Morgan Auctions says ..
Hollis Morgan – FEBRUARY LIVE ONLINE AUCTION – A Freehold MIXED USE BLOCK comprising 4 X FLATS + 1 x RETAIL | Scope for £70k + INCOME pa
Property Oracle says ..
This mixed-use property in Southville, Bristol, presents an interesting investment opportunity. It features six bedrooms and five bathrooms, indicating its potential for multiple occupancy or conversion. The location is advantageous, with proximity to local amenities, transportation, and schools. However, the property requires significant renovation to modernize its interior and improve its overall appeal. The presence of a small outdoor area is a plus, but the lack of a traditional garden might be a drawback for some buyers. The annual rental income of £70,000 suggests a strong return on investment, making it an attractive option for investors willing to undertake the necessary refurbishment work. The property is being sold via auction.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 5
- Bedrooms
- 6
- Bathrooms
- 5
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 347,833.00 £Decreased by 12.30 %
- Average area rental value
- 1,855.00 £/moIncreased by 23.17 %
- Est rental Yield
- 6.40 %Increased by 40.35 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Hollis Morgan Auctions created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Holy Cross Rc Primary School | Voluntary Aided School | Good | 0.31 KM |
| Southville Primary School | Community School | Good | 0.71 KM |
| Compass Point Primary School | Academy Converter | 0.94 KM | |
| St Mary Redcliffe Church Of England Primary School | Academy Sponsor Led | 0.98 KM | |
| Compass Point: South Street School & Children'S Centre | Children's Centre | 0.99 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Church Lane | £ 345,000 | 0 | 0.00 KM |
| Leicester Street | £ 0 | 0 | 0.00 KM |
| Caraboo Square | £ 0 | 0 | 0.00 KM |
| Frances Mews | £ 0 | 0 | 0.00 KM |
| Norfolk ? | £ 325,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bedminster | 3245 | BMT | 0.44 KM |
| Parson Street | 3246 | PSN | 1.41 KM |
| Bristol Temple Meads | 3231 | BRI | 2.03 KM |
| Clifton Down | 3202 | CFN | 3.00 KM |
| Redland | 3247 | RDA | 3.01 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| MIXED USE BLOCK | £70K + PA | £ 675,000 | BUY | 5 / 10 | 0.00 KM |
| East Street, Bedminster, Bristol, Somerset, BS3 | £ 170,000 | BUY | 5 / 10 | 0.03 KM |
| Church Lane, Bedminster | £ 425,000 | BUY | 6 / 10 | 0.07 KM |
| Church Lane, Bedminster | £ 425,000 | BUY | 6 / 10 | 0.07 KM |
| East Street, Bedminster, BRISTOL, | £ 220,000 | BUY | 5 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 120a East Street | £ 150,000 | 0.06 KM |
| 2a Mill Lane | £ 97,500 | 0.10 KM |
| 47 Church Lane | £ 412,500 | 0.10 KM |
| 2 Church Lane | £ 285,000 | 0.10 KM |
| 41 Church Lane | £ 310,000 | 0.10 KM |