Four self-contained flats producing strong central rental income.
Freehold period terraced block over four storeys
A substantial freehold period terrace arranged as four self-contained flats (2 x 2-bed, 2 x 1-bed), currently producing a rental income of approximately £60,000 per annum. The block is fully let on ASTs and sits on City Road in central St Paul’s, close to the city centre, Cabot Circus and local transport links — a straightforward income asset or break-up opportunity for individual resale.
This is a clear proposition for investors seeking immediate cashflow and short completion: the lot is being sold at auction with an advertised 8-week completion window. EPCs vary by flat (C–D) and the accommodation would benefit from targeted redecoration and modernisation to maximise future rents and capital growth.
Buyers should be aware of material selling conditions and local factors: the sale is subject to an auction buyer’s premium, the building sits in an inner-city location with a very high recorded crime level and a generally deprived area profile, and external amenity is limited to a small rear garden. These factors affect tenant demand profiles and management requirements but are offset by strong central location rental demand from students and professionals.
Overall, the property suits investors wanting ready income, active asset management opportunities and potential uplift through refurbishment or reconfiguration. The freehold nature and four-flat layout also make this attractive for an investor considering a strategic break-up for onward sale.
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