Summary - 147, TWO MILE HILL ROAD BS15 1BG
1 bed 1 bath Commercial Development
Three 1-bed flats plus vacant shop with strong rental uplift potential.
Freehold corner mixed-use building in central Kingswood
A substantial freehold corner mixed-use building in Kingswood, arranged as a vacant ground-floor shop with three let one-bedroom flats above. The flats are presented in generally good decorative order and the combined potential income at market rents is estimated at circa £40,000 per annum, offering an attractive yield for a hands-on investor.
The property is offered for sale by online auction with an eight-week target completion. The shop is currently vacant (potential future rent c. £8,500 pa) while the three flats generate below-market rents totaling £1,900 pcm; there is clear scope to increase income to the advertised market estimate of c. £875 pcm per flat. The ground-floor flat benefits from a small private courtyard garden, useful for tenant appeal in an urban setting.
Buyers should note practical matters: two of the flats have EPC ratings of E and one is C, the ground-floor shop EPC is TBC, and the vacant shop will require letting or refurbishment to reach its rental potential. The two-storey office building at the rear is retained by the seller and is not included in the sale. The lot is sold at auction with a buyer’s premium payable on exchange and a preliminary deposit required for bidding.
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