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Sold subject to contract
£330,000

Block of flats for sale Hill Road, Weston-Super-Mare BS23

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Points of interest

Property location

Nearby amenities

  • Christ Church Church of England Primary School0.2 miles
  • Ashcombe Primary School0.4 miles
  • Weston-super-Mare0.4 miles
  • Weston-super-Mare Knightstone Harbour0.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Residential Investment

  • Investor Opportunity

Investors only. A rare chance to purchase a block of two flats in the centre of Weston. Currently tenanted with long term tenants

Ground Floor Flat

A large 2/3 bedroom apartment on the ground floor of this Edwardian villa close to the centre of Weston-super-Mare The property has gas central heatingCurrently set up as a two bedroom flat with two receptions but could easily be a three bedroom with minimal work. An ideal investment opportunity

Reception 1 (5.7 x 4.2 (18'8" x 13'9"))

A large reception room with bay window looking out to the front garden. The room has its original fire place.

Bedroom 1 (4.1 x 3 (13'5" x 9'10"))

A large double room at the front of the flat. It is a light and airy room looking over the front garden.

Bedroom 2 (3.5 x 4.5 (11'5" x 14'9"))

At the rear of the flat this large double bedroom overlooks the rear garden. Currently used as the children's room

Dining Room Reception 2 (3.5 x 4.15 (11'5" x 13'7"))

This large room is located just off the kitchen. It offers great potential to be used as the main reception leaving the other reception to be converted into a third bedroom

Bathroom

A good sized family bathroom with bath, separate corner shower and WC and sink

Wc

A second separate WC situated just of the entrance hall.

Kitchen (2.3 x 4 (7'6" x 13'1" ))

A modern fully fitted kitchen with space for a small dining table there is a door out to the rear garden

Outside

The ground floor flat has sole access to the front garden and has a small rear garden as well. The garage has been split into two for both flats and is used for storage.

Current Tenancy

The property is currently tenanted and the tenant has been living here for 9 years. The rent has recently been increased to £650 per calendar month and there are no arrears. The tenant would like to continue renting the property and the vendor has no plans to serve a Section 21 notice unless the purchaser requests that he does so.

Opportunities

This flat offers plenty of opportunity for the property investor. With a regular rent coming in it would be easy to continue with the current tenant. However the flat could be used as a three bedroom with one reception which could be let to three sharers this would significantly increase the rent.

First Floor Flat

Accessed via an external staircase, the first floor flat is set out as a three bed using the large internal hall as the reception room. The property has gas central heating

Kitchen/Diner (3.9 x 2.4 (12'9" x 7'10"))

A modern fitted kitchen with fitted units. There is space for a small dining table and chairs.

Bedroom 1 (5 x 4.25 (16'4" x 13'11"))

A large room currently used as a bedroom with a bey window looking out onto Hill Rd

Bedroom 2 (4.55 x 3.5 (max) (14'11" x 11'5" (max)))

Adjacent to the master bedroom and also overlooking Hill Rd this large double is a light room with bay windows

Bedroom 3 (4.15 x 4.2 (max) (13'7" x 13'9" (max)))

At the rear and overlooking the garden this room has a fitted cupboard

Reception Hall (5.3 x 2.1 (17'4" x 6'10"))

The tenants have made use of the large central hallway and made it into a reception area so that they can have three bedrooms. There is a skylight to give the room natural light., and it works very well.

Bathroom (2.7 x 2.7 (8'10" x 8'10"))

A large family bathroom with bath WC sink and Separate corner shower

Outside

The flat has its own garden area to the rear which gives access to the flat. The property also has a share of the garage for storage.

Current Tenancy

The current tenants have been living here since 2013. The rent has just been increased to £650 pcm. The tenant would like to continue living at the property and the landlord has no intention of serving a Section 21 unless specifically requested by the purchaser

Opportunities

The current tenants have shown what this flat could achieve by their use of the inner hall as a reception room. However the flat by using the inner hall as a reception area the flat could continue to be let as a a three bedroom flat that could be let to to three sharers this would significantly increase the rent.. The vendors will not split the title and the flats will be sold as one unit

Compliance

Both properties have current gas certificates and electrical certificates and are available upon request. Both tenants' deposits are registered with dps

Hill Road offers investors a rare opportunity. Two large flats offered at a realistic asking price that has good long term tenants and offers an opportunity to significantly increase the income with little or no expense

1 floor plan available

View the floor plan to understand the space and layout of this property.

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Accommodation Unlimited

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