North Street, Bedminster, Bristol

Property Details: • Type: Block of Apartments • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • A substanial mixed used investment opportunity with a current rental income of £98580 P.A • Comprising a retail unit and five apartments, perfectly positioned within the sought after area of North Street • Also offering a rear courtyard area with pedestrian access • Freehold. EPC ratings ranging between C and E.

Location: • Nearest Station: Parson Street Station • Distance to Station: 0.5178883997638987 miles

Agent Information: • Address: 4a Waterloo Street, Clifton, Bristol, BS8 4BT

Full Description: A substantial freehold investment property, offering an attractive opportunity for investors seeking an established rental portfolio. Currently arranged as six units across three floors. Rear courtyard.<br /><br />211–213 North Street is a substantial freehold investment property occupying a sought-after position in Southville, offering an attractive opportunity for investors seeking an established rental portfolio with further potential to enhance returns.<br /><br />The property is currently arranged as six units across three floors. The ground floor comprises a double-fronted retail unit and a studio apartment, with planning permission to extend the studio (subject to the necessary consents). Both units benefit from access to a generous rear courtyard, which also provides pedestrian access to the rear.<br /><br />The first floor comprises a two-bedroom apartment and a one-bedroom apartment, while the second floor offers a further two one-bedroom apartments. The residential units are complemented by fully equipped kitchens and bathrooms.<br /><br />The apartments within 211 have been refurbished in recent years, while 213 presents an opportunity for further modernisation and improvement, offering scope to enhance both rental values and the overall investment return.<br /><br />All six units are currently let, providing an established income stream from day one, with additional potential to increase returns through targeted improvements.<br /><br />Current Rental Income<br /><br />Monthly Rent<br /><br />211–213 North Street – Ground Floor Retail Unit £2,500<br />211 North Street – First Floor, One-Bedroom Apartment £1,200<br />211 North Street – Second Floor, One-Bedroom Apartment £1,250<br />213 North Street – Ground Floor, Studio Apartment £865<br />213 North Street – First Floor, Two-Bedroom Apartment £1,350<br />213 North Street – Second Floor, One-Bedroom Apartment £1,050<br /><br />Total Monthly Rental Income £8,215<br />Total Annual Rental Income £98,580<br /><br />This substantial freehold property represents an appealing investment opportunity, combining a fully let, multi-unit income-producing asset in a popular Southville location with scope for further enhancement and rental growth.<br /><br />