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3 x City Centre Apartments with £49,800 pa Income
Bristol, BS1 - Get Access
6 bed
3 bath
Description
This is a portfolio of three modern, ground-floor leasehold apartments located in the heart of Bristol city centre. The lot comprises Flat 1 Everards Court (EC1), Flat 3 Everards Court (EC3), and Flat 1 Everards Place (EP1). EC1 offers an open-plan kitchen living space, two bedrooms, and a bathroom, with a floor area of 614 sq ft. EC3 features an open-plan kitchen living space, one bedroom, and a bathroom, measuring 489 sq ft. EP1 has a semi-open plan kitchen living space, one bedroom, and a bathroom, covering 486 sq ft. All three apartments are currently tenanted, producing a total annual income of £49,800. The leases for all units commenced on 25th November 2019 and expire on 24th November 2318, with approximately 292 years remaining. Management fees, including ground rent, are approximately £175 pcm for EC1 and EC3, and £165 per month for EP1. The properties are sold subject to existing tenancies, which are converting to an Assured Periodic Tenancy under the Renters Rights Act 2026 from 01/05/26. There is potential for break-up and resale of individual units. The property is situated in Bristol city centre, an area known for its vibrant atmosphere, shopping, entertainment, and proximity to harbourside attractions.