Investment property providing three self-contained flats on Coronation Road, Southville

£650,000

Guide price

To achieve a quick sale and therefore offered as one freehold, an investment opportunity to acquire this Victorian building that has been cleverly converted into three self-contained flats on the highly popular, river fronting Coronation Road Believed to of been converted into two flats over 30 years ago, we are informed the current owner has carried out further refurbishment works during their ownership to create the current layout of three flats. This property would benefit from updating in part and offers potential rental return in the region £47,000 pa. For those who would prefer to update the flats and sell them individually we believe gross development value in the region of £900,000 to be achievable based on todays market.

The Garden Flat is light and airy, laid out over a single level with bay fronted lounge, kitchen diner opening to the private garden, two double bedrooms and bathroom. The first floor flat offers a unique and charismatic layout, the social living space, highlighted by a kitchen that is open to the lounge diner, a double bedroom and bathroom complete this dwelling. The top floor flat accessed via the first floor communal landing, laid out over two floors with a generous bay fronted open plan kitchen diner living area, enjoying views over Bristol s hillside. Upstairs boasts two double bedrooms and family bathroom.

Situated on Coronation Road in the ever popular Southville area, providing easy access to the iconic North Street and variety of facilities that Southville and Bedminster has to offer. Benefitting from easy access to Bristol City Centre and excellent public transport links that Bristol has to offer.