Summary - Factory No. 1, Bristol, Plot 4202 BS3 4HH
2 bed 2 bath Apartment
High-spec, second-floor apartment with balcony, concierge and strong rental potential.
- 2 beds, 2 baths, 769 sq ft high-spec second-floor apartment
- Reported gross rent £21,600 pa; c.5.2% yield (third-party estimate)
- Private west-facing balcony overlooking communal landscaped gardens
- Gated development with on-site concierge and secure bike parking
- New-build within converted historic factory; modern integrated kitchen
- High flood risk — check insurance and mitigation requirements
- Very high local crime and very deprived area — affects lettability/resale
- Leasehold with c.169 years remaining; verify lender criteria
This second-floor, two-bedroom apartment in Wills House offers a clear rental proposition: a reported gross income of £21,600 pa and a 5.2% yield. The 769 sq ft home is finished to a high specification throughout, with an open-plan living space, integrated kitchen appliances and a private west-facing balcony overlooking landscaped communal gardens and terraces.
The gated development provides on-site concierge, secure bicycle parking and attractive communal spaces that support lettability and tenant appeal. The property is a new-build apartment within an award-winning conversion development close to North Street amenities and about a mile from Bristol Temple Meads, which improves commuter demand prospects.
Buyers should note material locational downsides: the immediate area records very high crime levels and very high area deprivation, which can affect tenant profiles and resale. Flood risk for this site is listed as high and the tenure is leasehold (circa 169 years remaining), so insurers, lenders and long-term costs should be checked.
Overall this apartment suits investors seeking a low-management, turnkey rental asset in central Bedminster with strong specification and communal amenities; however, factor in local social indicators and flood exposure when modelling returns.
2 bedroom apartment for sale in 4302 Wills House, Factory No.1, East Street, Bedminster, BS3 — £415,000 • 2 bed • 2 bath • 769 ft²
2 bedroom apartment for sale in 5201 Watkins House, Factory No.1, East Street, Bedminster, Bristol, BS3 — £415,000 • 2 bed • 2 bath • 789 ft²
2 bedroom apartment for sale in 5303 Watkins House, Factory Number One, East Street, Bedminster, BS3 — £420,000 • 2 bed • 2 bath • 788 ft²
2 bedroom apartment for sale in 5202 Watkins House, Factory Number One, East Street, Bedminster, BS3 — £375,000 • 2 bed • 2 bath • 712 ft²
2 bedroom apartment for sale in 5302 Watkins House, Factory No.1, East Street, Bedminster, Bristol, BS3 — £390,000 • 2 bed • 2 bath • 712 ft²
2 bedroom apartment for sale in 5404 Watkins House, Factory Number One, East Street, Bedminster, BS3 — £450,000 • 2 bed • 2 bath • 938 ft²
