7 bed property for sale in Pipe Lane, St. Augustines, Bristol BS1, £750,000

750,000.00

Offer Nr.:
65963667
Type of ad:
for Sale
Property type:
7 bed property
Bedrooms:
7
Bathrooms:
3
Reception rooms:
1
Contact name:
Hollis Morgan - Residential
Phone(s):
0117 295 9653

* Freehold
* H. M. O
* Investment Opportunity
* £56, 000 pa Income 2023/2024
* £58, 800 Proposed Income For 2024/2025
* 7 Double Bedrooms
* Prime City Centre Location
* Fully Let
* Low Maintenance Courtyard Garden
An excellent investment opportunity presenting a fully licensed H. M. O
producing £56, 000 per annum ( 7. 5% return) with scope to increase.
**The Property**
Arranged over 5 floors this attractive Georgian property has been established
into fully functioning and licensed H. M. O business, situated just a 10 - minute
walk from the University of Bristol, its location is unrivalled.
Currently the property yields an income of £56, 000 per annum, but has a
minimum projected income return of £58, 800 the following academic year.
The property comprises 7 double bedrooms, all of which can accommodate a work
desk and wardrobe space, one bedroom benefits from an en - suite, and two
further bathrooms serve the remaining residents.
On the lower ground level, is a kitchen and dining area with ample storage
units, washing machine, dishwasher and oven. On the opposite side of the room
is the living area perfect for relaxing and access to a large courtyard
garden.
**Location - City Centre**
The Centre is the heart of the City with constant action on offer from the
Hippodrome and the Bristol Beacon, Bristol Shopping Quarter at Cabot’s Circus
to the characterful Christmas Steps, Corn Street and St Nicholas Market.
Nearby Millennium Square acts as a gateway to the neighbouring harbourside
with its fountains and big screen as well as world class attractions such as
Brunel’s ss Great Britain, We The Curious, Bristol Aquarium, the Arnolfini,
Spike Island, the Watershed and the M Shed.
**Further Information**
Tenure - Freehold
Fully H. M. O Licensed
Grade II Listed
**Please Note**
Hollis Morgan endeavour to make our sales details clear, accurate and reliable
in line with the Consumer Protection from Unfair Trading Regulations 2008 but
they should not be relied on as statements or representations of fact and they
do not constitute any part of an offer or contract. All Hollis Morgan
references to planning, tenants, boundaries, potential development, tenure etc
is to be superseded by the information provided in your solicitors enquiries.
It should not be assumed that this property has all the necessary Planning,
Building Regulation or other consents. Any services, appliances and heating
system(s) listed may not been checked or tested and you should rely on your
own investigations. The seller does not make any representation or give any
warranty in relation to the property and we have no authority to do so on
behalf of the seller. Please note that in some instances the photographs may
have been taken using a wide angle lens.

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