Lodge Causeway, Fishponds, Bristol

Property Description

Fishponds is a popular and thriving neighbourhood located in the eastern outskirts of Bristol, offering a diverse range of housing options to suit all types of buyers. With a mix of period properties and modern developments, Fishponds has a unique character and charm that appeals to many. The area is well-known for its strong community spirit, with plenty of local events and activities throughout the year. The bustling High Street is a major draw, with an array of independent shops, cafes and restaurants offering an eclectic mix of cuisines and cultures. From artisan bakeries and coffee shops to vintage clothing stores and gift shops, Fishponds has something for everyone. For those who require easy access to the city centre, Fishponds is well-connected, with regular buses and nearby train station providing excellent transport links. It's also a short distance from the University of the West of England (UWE), making it a popular choice for students. Families with children will appreciate the range of good schools in the area, including Fishponds Church of England Academy and Bristol Metropolitan Academy. For those who enjoy spending time outdoors, Fishponds also has several green spaces, including Fishponds Park.

THE PROPERTY

A modern detached Freehold block (2623 Sq FT) completed in 2015 comprising 7 Self contained apartments with 1 and 2 bed accomodation (plus 1 studio) arranged over two floors with 7 parking spaces and gardens to the rear located on Lodge Causeway and just moments from the amenities of Fishponds Road and a short distance to the City Centre. Sold subject to existing tenancies.

Tenure - Freehold
Council Tax - Flats 1, 2, 3, 4, 5, 7 BAnd A / Flat 6 - Band B
EPC D

The Opportunity - RESIDENTIAL INVESTMENT £97,500 pa

SCHEDULE OF INCOME

The block is let on AST contracts.

FLAT 1 - RENTAL INCOME

£1,330 pcm.

FLAT 2 - RENTAL INCOME

£995 pcm

FLAT 3 - RENTAL INCOME

£1,250 pcm

FLAT 4 - RENTAL INCOME

£1,200 pcm

FLAT 5 - RENTAL INCOME

£1,200 pcm

FLAT 6 - RENTAL INCOME

£1,300 pcm

FLAT 7 - RENTAL INCOME

£850 pcm

SCHEDULE OF ACCOMODATION

FLAT 1 - 2 BED / 2 BATH / 397 Sq Ft

Ground Floor / Open Plan Kitchen Diner / Bedroom 1 / En Suite / Bedroom 2 / En Suite.

FLAT 2 - 1 BED / 1 BATH / 378 Sq Ft

Ground Floor/ Open Plan Kitchen Diner / Bedroom 1 / Bathroom

FLAT 3 - 2 BED / 2 BATH / 338 Sq Ft

Ground Floor / Open Plan Kitchen Diner / Bedroom 1 / En Suite / Bedroom 2 / En Suite

FLAT 4 - 1 BED / 1 BATH / 348 Sq Ft

Ground Floor / Open Plan Kitchen Diner / Bedroom 1 / En Suite

FLAT 5 - 1 BED / 1 BATH / 339 Sq Ft

First Floor / Open Plan Kitchen Diner / Bedroom 1 / En Suite

FLAT 6 - 2 BED / 2 BATH / 327 Sq Ft

First Floor / Open Plan Kitchen Diner / Bedroom 1 / En Suite / Bedroom 2 / Ensuite

FLAT 7 - STUDIO / 291 Sq Ft

First Floor / Open Plan Kitchen Diner / Living Space / En Suite

AML (Anti money laundering)

‘’Estate agents operating in the UK are required to conduct Anti-Money Laundering (AML) checks in compliance with the regulations set forth by HM Revenue and Customs (HMRC) for all property transactions. It is mandatory for both buyers and sellers to successfully complete these checks before any property transaction can proceed. Our estate agency uses Coadjute’s Assured Compliance service to facilitate the AML checks. A fee will be charged for each individual AML check conducted’’

Additional Information