Summary - FLAT 1, 3, VICTORIA PARADE BS5 9DZ
7 bed 1 bath Block of Apartments
Freehold mid-terrace block: 6 x 1-bed flats and 1 studio
A freehold mid-terrace block on Victoria Parade offering seven self-contained units — six one-bed flats and one studio — presented with vacant possession and a projected rental income of about £78,000 per year. The building occupies a compact urban plot with a rear courtyard garden and straightforward access to Church Road amenities and transport into Bristol city centre.
The units are compact-to-average in size and appear habitable but would benefit from modernisation to maximise rents and long-term value. Heating is electric room heaters and the building has double glazing of unknown date; walls are solid brick with assumed no insulation. The EPC rating is E. These facts point to straightforward retrofit and energy-efficiency works that could materially improve returns.
This lot will be sold at online auction with an eight-week completion and a buyer’s premium payable on exchange — important timing and cost considerations for purchasers. The location offers good broadband and mobile connectivity but sits in an area with above-average crime and relative deprivation; factor local management and lettings strategy into your plans.
Suited to buy-to-let investors or a small portfolio consolidator seeking a high-yielding, hands-on refurbishment and management play in St George. The vacant possession and multiple separate flats give flexibility for immediate re-letting, council-house conversions, or phased refurbishments to increase net rental income.
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