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9 Bedrooms Property for sale in Cranbrook Road, Redland

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9 Bedrooms Property - £725,000

Cranbrook Road, Redland

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First listed on: 17th February 2016

Nearest stations: Redland (0.3 mi)Montpelier (0.5 mi)Clifton Down (0.8 mi)Stapleton Road (1.4 mi)Bristol Temple Meads (1.7 mi)

Interested in this property? Call See phone number 01179 736565

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Property Features

  • Semi Detached Period Property
  • Option to complete before April 1st
  • Income 58,980 per annum
  • 2 x Studios
  • 7 Bed HMO

Property Description

Hollis Morgan *** 8 % ROI *** A Freehold Victorian property ( 2805 Sq Ft ) arranged as 2 x Studio Flats and 7 Bed HMO with an annual income of £58,980 pa

THE PROPERTY

An imposing Semi Detached Victorian property ( 2805 Sq Ft ) that has been carefully extended to create a high quality investment property arranged over four floors. The property has been well maintained and we understand has been granted a full HMO license.

LOCATION

The property is located close to the junction of Cranbrook Road and Kersteman Hill and is equidistant from Gloucester Road, Henleaze High Street whilst the University of Bristol and Bristol Royal Infirmary are both within 2 miles.

ACCOMODATION

BASEMENTStudio with bathroom and access to garden - 1GROUND FLOORCommunal Kitchen and LoungeCommunal Bathroom and WCRooms 2 & 3FIRST FLOORCommunal BathroomRooms 4,5,6 & 7TOP FLOORStudio Flat with bathroom and roof terrace - 8Room 9OUTSIDECommunal Rear GardenOff Street Parking Space

RENTAL INCOME

All the flats are let on AST contracts;1 £ 630.00 - Rolling ( Pay own Electric )2 £ 445.00 - Commenced 1.9.15 ( Including Gas and Electric )3 £ 565.00 - Commenced 16.1.15 ( Including Gas and Electric )4 £ 480.00 - Commenced 16.1.15 ( Including Gas and Electric )5 £ 500.00 - Commenced 16.1.15 ( Including Gas and Electric )6 £ 595.00 - Rolling ( Including Gas and Electric )7 £ 565.00 - Commenced 1.2.14 ( Including Gas and Electric )8 £ 505.00 - Commended 16.8.14 ( Including Gas and Electric )9 £ 630.000 - Commenced 1.6.13 ( Pay own Electric )TOTAL RENTAL INCOME - £58,980 p.a

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Date History Details
18/02/2016 Property listed at £725,000

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Disclaimer

Disclaimer Property reference VE_26089211. Details are provided and maintained by Hollis Morgan. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

Hollis Morgan

9 Waterloo Street

Clifton

Bristol

BS8 4BT

Telephone: See phone number 01179 736565

Disclaimer

Disclaimer Property reference VE_26089211. Details are provided and maintained by Hollis Morgan. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

Hollis Morgan

9 Waterloo Street

Clifton

Bristol

BS8 4BT

Telephone: See phone number 01179 736565

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