Stunning former church conversion - 16 flats
St George Baptist Church, Summerhill Road, St George, Bristol BS5 8HG
£1,400,000
22 May 2025
GUIDE PRICE
AUCTION DATE
EXCEPTIONAL INVESTMENT OPPORTUNITY “ Stunning Church Conversion - 16 Self-Contained Flats Discover a truly unique investment in the heart of St George “ a beautifully converted former church, now comprising 16 self-contained flats (C2 - Care Accommodation). This characterful property is situated in a highly sought-after residential location and boasts modern interiors while retaining stunning architectural features, including striking feature windows. Currently let on a secure 10-year lease from April 2019, the property generates a strong annual rental income of £150,000, with a rolling 6-month landlord and tenant break clause in place. Each flat benefits from contemporary kitchens, stylish bathrooms, and spacious living areas, making it an attractive proposition for tenants. Offering both stability and potential for future growth, this property provides an outstanding investment opportunity. There is scope to enhance rental income or explore the possibility of selling the flats individually, subject to the necessary planning consents and termination of the current lease agreement. Don't miss this rare chance to acquire a high-yielding asset in a thriving location.
Summerhill Rd, BS5
Guide Price
£1,400,000
Auction Date
22 May 2025
Auctioneer
Maggs & Allen
Maggs & Allen
22 Richmond Hill Clifton Bristol BS8 1BA
0117 973 4940
About Maggs & Allen
Maggs & Allen has been established through developing long-term relationships based on integrity, performance, and client satisfaction. In a constantly evolving market, they understand the importance of providing sound and informative advice. Maggs & Allen have the knowledge and experience needed to offer unrivalled practical solutions adapted to their clients’ requirements.