High Street
Bristol, Paulton
Offers in excess of £270,000
£270,000
Tenure: Freehold
Ref: FRO109976
- Arranged to provide 7 self-contained one bedroom apartments
- Estimated annual income on rental: over £60,000 once refurbishment is complete
- Requires a complete program of refurbishment
- Vacant procession ** no chain
- Tenure: freehold
monthly mortgage estimate
Located in the very heart of the village of Paulton, close to local amenities & convenient transport links, this character property as already gone through extensive conversion resulting in seven, one bedroom apartments and provides excellent potential as a renovation / investment purchase.
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Council Tax Band: A
Tenure: Freehold
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A FANTASTIC INVESTMENT OPPORTUNITY *** This semi-detached building is configured into seven self-contained flats that are arranged over the three generous floors of this deceivingly spacious property. The property requires a complete program of refurbishment with each apartment requiring updating to achieve maximum return.
* Excellent transport links into both Bristol and Bath where more extensive shops and amenities are available
*Main line train station at Bath Spa provides swift access into London Paddington, Bristol Temple Meads and Cardiff Central stations
*Easy access onto Bristol Road (A37) and A39
* Perfectly located to provide walking distance to Paulton Memorial Park, Farrington Park and the open Mendip Hills countryside
***
*Situated along the High Street close to local shops and amenities* Excellent transport links into both Bristol and Bath where more extensive shops and amenities are available
*Main line train station at Bath Spa provides swift access into London Paddington, Bristol Temple Meads and Cardiff Central stations
*Easy access onto Bristol Road (A37) and A39
* Perfectly located to provide walking distance to Paulton Memorial Park, Farrington Park and the open Mendip Hills countryside
Flat 1
Ground & First Floor: Reception Room, Bedroom, Kitchen, BathroomFlat 1a
First & Second Floor: Reception Room, Bedroom, Kitchen, BathroomFlat 1b
Ground Floor: Open Plan Reception Room/Kitchen, Bedroom, BathroomFlat 1c
Ground Floor: Open Plan Reception Room/Kitchen, Bedroom, BathroomFlat 2
Ground Floor: Reception Room, Two Bedrooms, Kitchen, Bathroom, CourtyardFlat 3
First & Second Floor: Open Plan Reception Room/Kitchen, Bedroom, Bathroom, Patio Area, Private Garden with ShedFlat 4
Reception Room, Bedroom, Kitchen, Bathroom, Private Garden***
Once refurbished the apartments have been valued circa £110,000-£120,000 each: Buyers must rely on their own enquiries. Floor plans for all of the flats are available on request.
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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE
QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR
MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY
AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.