6 bedroom block of apartments for sale
Key information
Property description & features
- Tenure: Freehold
- Rare opportunity to purchase an entire building on Whiteladies Road comprising three two bedroom flats and a commercial unit with substantial basement storage
- Annual income of £74,000pa, generating a return of circa 6.2%
- Hugely popular location with a high rental demand from tenants
- No chain
Overview
Welcome to this impressive Freehold investment property, located in a prime position on the highly desirable Whiteladies Road. This substantial property consists of a shop on the ground floor with ample basement storage, and three two-bedroom apartments above, each with their own access from the rear of the building.
The shop, previously trading as Holmwoods clothing for 25 years and currently as Brandon charity shop, presents an excellent opportunity for investors seeking a lucrative venture, with a rental income of £28,000 per annum from 2024.
The three apartments offer comfortable living spaces, each with two bedrooms and separate access. Flat 1 will achieve a rental income of circa £14,700 per annum, Flat 2 circa £18,000 per annum, and Flat 3 circa £15,600 per annum.
Location
Positioned along Whiteladies Road with a comprehensive mix of amenities all around. The vast expanse of the Downs is just minutes away whilst Clifton Down train station and Clifton Village are reached quickly on foot.
We think...
This impressive investment property offers a fantastic opportunity for those looking to secure a profitable investment in a prestigious location. Book your viewing today and discover the potential that this property has to offer.
Material information (provided by owner)
Tenure - Freehold
Places of interest
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Property reference OBB-85156178. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Ocean Estate Agents - Clifton.
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Broadband availability and predicted speed: obtained from Ofcom on February 17, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 17, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on March 3, 2015 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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