£399,950
Highbury Villas, Kingsdown, BS2
- 5 beds
£399,950
- 5 beds
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Hollis Morgan- A high yielding 4/ 5 bedroom H.M.O licenced Victorian property set within the heart of Kingsdown, currently tenanted by students producing ?24,180 per annum.
THE PROPERTY
7 Highbury Villa's is a generously proportioned Victorian property set within a quiet cul-de-sac just a couple of hundred yards from St Michaels hill. Internally the house is set over three floors and is arranged as a five bedroom student rental, this said the house still maintains many original features such as sash windows, cast iron fireplaces and cornice coving throughout. The condition is moderate but could benefit from updating, if renovated the property could warrant a higher rent of around ?26 000 per annum. Externally the property has the added bonus of a private rear garden.
INCOME BREAKDOWN
Current Rental income- ?24,180 ( Rental increase proposed for 2014- ?25,000) 5 rooms let at ?403.00 Per month 6% yield Let until June 2014 Fully H.M.O licensed Currently managed by Jackson property ( www.jacksonproperty.co.uk)
LOCATION
Highbury villa's is located on the Clifton/Redland borders with excellent access to both the University of Bristol and the Bristol Royal Infirmary. The property is ideally suited for access to White ladies Road (0.3 miles), Gloucester road (0.75 miles) and the city Centre (1 Mile) whilst Redland Green train station is located with a quarter mile. St Michaels hill with its variety of different shops and amenties within a couple of hundred yards of the property and has a variety of different shops and amenities.
ENTRANCE HALL
Tiled flooring throughout, storage cupboard.
BEDROOM/DINNING ROOM
Sash window to front, ceiling row surround and large radiator.
KITCHEN/LOUNGE
Kitchen comprises; A range of matching wall and base units, laminated work surfaces,tiled splash backs, stainless steel sink drainer unit with mixer taps and plumbing for appliances. The lounge area benifits from a large sash window to rear, radiator and understairs storage cupboard.
BEDROOM
Cast iron fireplace, window to front and large radiator.
BEDROOM
Cast iron fireplace, window to rear and large radiator.
BATHROOM
Seperate W.C, Shower cubicle, wash hand basin, window to rear and radiator.
BEDROOM
Cast iron fireplace, window to front and large radiator.
BEDROOM
Cast iron fireplace, window to rear and large radiator.
GARDEN
Private garden, mainly laid to lawn with small patio area.
TENURE
freehold.
FLOORPLAN
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E.P.C
www.hollismorgan.co.uk
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