Summary - Flat 1, 1-2 Old Church Road BS21 6LZ
18 bed 12 bath Commercial Property
Income-producing town centre asset with development upside for hands-on investors.
Large 11,912 sqft freehold mixed‑use building in Clevedon town centre
Current income £185,840 pa; potential uplift to £204,840 pa
Three purpose-built 6‑bed HMOs completed 2023; residential EPC B
Two retail units with long leases; commercial rent scheduled increases
Architectural plans for mansard floor adding 3 x 6‑bed flats (subject consents)
Sold at auction — buyer’s premium £1,800 inc VAT and 8-week completion
Some HMO rooms below market rents — active asset management required
Buyers must consult legal pack for lease details, consents and liabilities
This substantial freehold mixed‑use building in Clevedon offers immediate income from two retail units and three purpose‑built six‑bed HMOs completed in 2023. Current contracted income is £185,840 pa with agreed commercial rent roll rising to a projected £54,000 pa and residential reversion potential to £150,840 pa. The property’s prominent parade frontage and large retail footprint create strong lettable demand in a busy town‑centre location.
Architect-designed plans exist for a mansard second‑floor extension to add three further 6‑bed flats, estimated to add significant rental income subject to planning and consents. The building was constructed recently to modern standards and benefits from B‑rated EPCs for the residential and commercial elements. High footfall, good transport links to Bristol and local amenities support long‑term tenant demand and asset management upside.
Buyers should note the sale is by live online auction with an extended eight‑week completion and a buyer’s premium payable on exchange. The flats are let on short AST terms and several rooms are under market rents, presenting both opportunity and the need for active management. Prospective purchasers must review the legal pack for exact lease terms, service arrangements and any development constraints before bidding.
Overall this is a cash‑flowing, recently built mixed‑use asset suited to investors seeking immediate income with clear reversionary and development uplift potential, provided they accept auction timescales and complete due diligence on tenancy and consents.
18 bedroom flat for sale in MIXED USE INVESTMENT | £185,840 pa - £204,840 pa INCOME, BS21 — £1,950,000 • 18 bed • 12 bath • 11912 ft²
2 bedroom house for sale in MIXED USE | £21,540 pa | SHIREHAMPTON, BS11 — £150,000 • 2 bed • 2 bath • 1445 ft²
Commercial property for sale in MIXED USE | £21,540 pa | SHIREHAMPTON, BS11 — £150,000 • 2 bed • 2 bath • 1445 ft²
Commercial property for sale in Mixed Use | Kingswood, BS15 — £275,000 • 2 bed • 2 bath • 1938 ft²
Commercial property for sale in PLANNING | 8 BED HMO | £70K pa | WSM, BS23 — £285,000 • 8 bed • 8 bath • 2376 ft²
Commercial property for sale in Freehold Mixed Use | £56K Pa, BS6 — £475,000 • 5 bed • 4 bath • 2184 ft²
