Summary - First & Top Floor Maisonette, 214 Cheltenham Road BS6 5QU
5 bed 4 bath Terraced
Large Victorian property with immediate rental income and refurbishment upside.
Freehold mixed-use building producing £56,400 per annum
Ground-floor retail: 887 sqft, high-footfall trading position
Upper floors: licensed 5-bed HMO, 1297 sqft, communal kitchen/living
Sold subject to existing tenancies — check tenancy agreements
Buyer’s premium £1,800 inc. VAT payable on exchange
Medium flood risk and above-average local crime levels
Victorian solid-brick construction; likely no cavity insulation
No garden; urban, small-plot site with busy street frontage
This substantial Victorian mid-terrace presents a clear income-led opportunity for investors. The freehold mixed-use building totals about 2,184 sq ft, combining a ground-floor retail unit and a licensed five-bedroom HMO, currently producing £56,400 pa. The retail unit benefits from high footfall on a busy Gloucester Road/Stokes Croft corridor; the upper floors have independent access and a large communal kitchen/living area serving the HMO.
The property is sold live at auction and is offered fully let, so immediate rental income is the principal attraction. Key financial details: retail income £13,000 pa (rolling), and HMO income moving to a blended £43,500 pa from September 2025. Tenancies are in place and the sale is subject to existing leases — purchasers must review the legal pack for tenancy terms and management details.
Buyers should factor in material considerations: the building is solid-brick Victorian with assumed no cavity insulation, an EPC of D (flat) and C (shop), medium flood risk, and above-average local crime levels. There is no garden and the site is a small urban plot. The lot carries a buyer’s premium of £1,800 (inc. VAT) payable on exchange, and completion is set for an extended eight-week period. Planned or required upgrades (insulation, services, decorative works) may be needed to improve yields or convert uses.
For investors seeking a hands-on city asset with immediate cashflow and upside through asset management and refurbishment, this mixed-use freehold offers scale and location. Review the full legal pack, tenancy schedules, and survey reports before bidding; specialist auction finance may be needed for purchase.
Commercial property for sale in Freehold Mixed Use | £56K Pa, BS6 — £475,000 • 5 bed • 4 bath • 2184 ft²
Commercial property for sale in HMO | £92,500 pa | BS7 — £825,000 • 10 bed • 8 bath • 1797 ft²
10 bedroom terraced house for sale in HMO | £92,500 pa | BS7 — £825,000 • 10 bed • 8 bath • 1833 ft²
2 bedroom flat for sale in Investment | £32,400 Pa | Redfield, BS5 — £280,000 • 2 bed • 3 bath • 1759 ft²
Commercial development for sale in St Michaels Hill, Kingsdown, Bristol, BS2 — £400,000 • 1 bed • 1 bath • 4198 ft²
House for sale in Broad Street, Staple Hill, Bristol, BS16 — £185,000 • 1 bed • 1 bath • 574 ft²
