Freehold block of 12 modern apartments (6 x 2-bed, 6 x 1-bed)
Potential annual rental income c. £162,000 (vendor estimate)
Estimated break-up value circa £2.25m (vendor estimate)
Offered with vacant possession; 8‑week completion from exchange
Sold at auction; buyer’s premium £1,800 plus VAT and preliminary deposit
No private gardens; limited external space and on-street parking only
Area: very deprived with above-average crime; tenant demand may be affected
Very slow broadband speeds despite excellent mobile signal
A rare freehold opportunity in central Bristol: two adjoining modern blocks totalling 12 apartments (6 x 2-bed, 6 x 1-bed) offered with vacant possession. The vendor’s estimates show potential rental income of approximately £162,000 pa and break-up values around £2.25m, making this attractive for portfolio buyers or developers looking to sell flats individually. Completion is eight weeks from exchange.
The apartments are neutrally finished, well presented and energy-rated predominantly C (two flats rated B), reducing immediate capital expenditure on EPC work. Layouts are compact with open-plan living/kitchen spaces and street-facing aspects; external space is limited to small ground-floor entrances and on-street parking only. The block will suit buy-to-let operators, short-term holding for resale, or a break-up strategy.
Material considerations: the lot is sold at auction with a buyer’s premium (£1,800 plus VAT) and a required preliminary deposit. The surrounding area is very deprived with above-average crime statistics and very slow broadband speeds — factors that can affect tenant demand and achievable rents. Prospective purchasers should verify rental and break-up figures and carry out physical inspections and legal checks prior to bidding.
Overall this is a high-footprint, city-centre investment with clear income and break-up upside, sold as a modern, freehold asset with vacant possession. It suits investors prepared to manage location-specific lettings challenges or to execute a phased resale plan.
