Summary - Flat 1, 1-2 Old Church Road BS21 6LZ
18 bed 12 bath Flat
Prominent town centre block with immediate rental cashflow and development upside.
Freehold mixed‑use block completed in 2023, c.11,912 sq ft
A substantial freehold town‑centre block providing immediate rental cashflow and clear value‑add potential for an investor. The building was completed in 2023 and is arranged as 3 x 6‑bed HMO flats above two retail units, producing current income of £185,840 pa with contracted commercial uplifts taking total potential to c. £204,840 pa.
Income is underpinned by long commercial leases and multiple ASTs; residential rooms are partly below current market rents so active management can lift returns. Architect’s plans exist for a mansard second‑floor extension to deliver a further three 6‑bed flats (subject to planning and building regs), offering immediate day‑one development upside if consents are obtained.
This lot is sold at auction, subject to existing tenancies and the buyer’s legal due diligence. Completion is on an extended eight‑week timetable. Prospective purchasers should review the online legal pack for full tenancy, service, and statutory information and factor in the buyers’ premium and auction terms when assessing net purchase cost.
Commercial property for sale in MIXED USE INVESTMENT | £185,840 pa - £204,840 pa INCOME, BS21 — £1,950,000 • 18 bed • 12 bath • 11912 ft²
2 bedroom house for sale in MIXED USE | £21,540 pa | SHIREHAMPTON, BS11 — £150,000 • 2 bed • 2 bath • 1445 ft²
Commercial property for sale in MIXED USE | £21,540 pa | SHIREHAMPTON, BS11 — £150,000 • 2 bed • 2 bath • 1445 ft²
Commercial property for sale in PLANNING | 8 BED HMO | £70K pa | WSM, BS23 — £285,000 • 8 bed • 8 bath • 2376 ft²
3 bedroom flat for sale in Mixed Use With Potential | Wsm, BS23 — £285,000 • 3 bed • 3 bath • 2535 ft²
5 bedroom terraced house for sale in Freehold Mixed Use | £56K Pa, BS6 — £475,000 • 5 bed • 4 bath • 2184 ft²
