**Standout Features:**
- Freehold block with **16 apartments**, commercial retail space, and garages
- **Total area of 7,821 sq ft** with strong rental income potential
- Generating current income of **£214,800 pa** with potential growth to **£230,700 pa**
- Planning permission for the construction of **2 new apartments** added to the top floor
- Located in a **family-friendly suburban area** near local amenities and schools
- **Chain-free sale**, allowing for smooth and quick transactions
**Summary:**
This impressive freehold property in Bishopsworth, Bristol, presents a unique investment opportunity with its portfolio of 16 well-maintained apartments, a desirable retail unit, and additional garages. Currently fully tenanted, the property generates a reliable income with room for growth, particularly from planned developments that can add two more apartments. The local area boasts a vibrant community atmosphere, nearby schools rated as "Good" and "Outstanding," as well as easy access to local shops and transport links to Bristol city center.
While the structure holds significant value, potential buyers should note that the current configuration may require updates to meet modern living standards. Additionally, existing leases mean that thorough due diligence regarding tenant contracts is essential for maximizing investment returns. This property is geared toward seasoned investors looking for a low-maintenance cash flow or developers interested in exploiting its full potential—don't miss out on this fantastic auction opportunity set for April 23, 2025—register now to seize the moment!
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