PROPERTY DETAILS

Gloucester Road, Horfield
Guide Price £550,000 | Sold Subject to Contract

Introduced by Goodman & Lilley, this mixed-use terraced freehold property presents a fantastic investment opportunity. The property comprises three apartments, offering a mix of one and two-bedroom layouts, along with a ground-floor commercial unit.

For Sale by Public Auction on Thursday 29th May 2025 at Leigh Court, Pill Road, Abbots Leigh, Bristol, BS8 3RA and Online at 7.00pm

The property benefits from a rear parking area and garage, in addition to a private rear courtyard, enhancing both convenience and appeal. Currently fully let, it generates a steady rental income of £29,700 per annum, providing strong returns for investors.

Positioned in a prominent location along Gloucester Road, the property offers great visibility and access to local amenities. The EPC ratings are E50, C76, C72, C66, Council Tax Band: A. Business rates may apply.

Auctioned through David Plaisters

Auction Details

• Venue: Leigh Court, Pill Road, Abbots Leigh, Bristol, BS8 3RA
• Date: Thursday 29th May 2025
• Start Time: 7:00pm
• Bidding Options: In room, online, proxy, telephone

*Guides are provided as an indication of each seller's minimum expectation, they are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure guide.

Ground Floor Commercial Unit

Current Rental Income £700pcm (Front)

Main Trading Area

Aluminium single glazed shopfront, entrance door into main trading area.

WC

Low-level WC, wash hand basin with electric heater over, extractor fan and ceiling light.

Cupboard

Useful storage cupboard, spotlight cluster.

Rear Entrance

To the rear of the property is a communal entrance and stair flight to each apartment.

Flat 3

Sold with vacant possession but previously generated a rental Income £1200pcm: Ground floor rear, two bedroom flat.

Flat 2

Current Rental Income £875pcm: First floor, rear, one bed flat.

Flat One

Current Rental Income £875pcm: First floor, front, two bed maisonette flat.

Outside Rear

Access - please note, there is a right of access over the neighbouring property to access the rear area. Mostly laid to tarmac and gravel, with two allocated off street parking spaces and gated access into the rear courtyard, leading to the communal entrance of the apartments.

Garage

Current Rental Income £100pcm: Currently tenanted and used as storage to a local business within the area.

Rear Courtyard

A communal space mostly laid to slab patio leading to the communal entrance door to the apartments.

Rental Income / Schedule

Rental Income / Schedule: Total Rental Income - £2,475.00 PCM / £29,700.00 PA

Please Note

The integrity and structure of the property is ‘sold as seen’ and in addition there may well be some fixtures, fittings and chattels left at the property which will become the responsibility and ownership of the purchaser upon legal completion of the transaction.

These particulars are provided for general guidance purposes only and have been prepared using information supplied by a partner agent. Whilst believed to be accurate, David Plaister Ltd & Goodman & Lilley makes no representation or warranty as to their correctness. Prospective purchasers must rely solely upon their own enquiries, inspections, and the contents of the legal pack.