Summary - Flat 10 The Milliners, St. Thomas Street BS1 6WT
1 bed 1 bath Studio
Turnkey rental in Redcliffe with immediate income and long lease.
- 366 sqft studio, compact footprint
- Currently achieving £1,300 pcm (approx 6.6% gross yield)
- City centre Redcliffe location, excellent transport and amenity access
- Chain free with ~240 years remaining on lease
- Service charge £1,472.80 pa; ground rent £245 pa
- Electric room heaters only — higher running costs possible
- Low ceilings and small rooms; limited private outdoor space
- Area: cosmopolitan student neighbourhood; mixed socio-economic profile
This compact studio in Redcliffe sits in the heart of Bristol city centre, offering immediate city‑living appeal and proven rental income. Currently let at £1,300 pcm, the property delivers an approximate 6.6% gross yield — a straightforward buy‑to‑let prospect for investors seeking central stock with minimal void risk.
The apartment is modern and neutrally finished with an open-plan living/kitchen, a separate sleeping area, and a contemporary bathroom. At 366 sq ft the accommodation is small and has low ceilings, so it suits single tenants, professional sharers or students rather than families. The apartment is chain free and benefits from a long lease (circa 240 years).
Running costs and building charges are important: annual service charge is £1,472.80 and ground rent is £245 per year. Heating is by electric room heaters (no central gas), which can mean higher energy bills and may affect tenant appeal during colder months. The wider area is a cosmopolitan, student‑dense neighbourhood with fast broadband and excellent public transport links, but it is listed as relatively deprived for wider socio‑economic indicators.
Overall, this is a practical, low‑maintenance investment with proven rental income and strong central location. Buyers should budget for higher electricity costs and accept a compact internal footprint and modest outlook typical of city‑centre flats.
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