FREEHOLD BLOCK | 4 X FLATS | UPDATING | BS6, 4 bedroom, Flat - 34032277

ADDRESS | 41 Ashley Hill, Montpelier, Bristol BS6 5JA Lot Number TBC The Live Online Auction is on Wednesday 17th September 2025 @ 17:30 Registration Deadline is on Monday 15th September 2025 @ 16:00 The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer. Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID” An imposing Freehold mid terraced period property with 2X tandem parking spaces ( suitable for 4 small vehicles ) to the front and a large enclosed rear garden located on the Montpelier / Ashley Hill / St Andrews borders. The accommodation ( 2203 Sq Ft ) is arranged as four self contained 1 bedroom flats over four floors with generous communal areas plus stunning views over the City from the upper floors. Sold with vacant possession. Tenure - Freehold ( Plus 4 Separate Leases ) * Council Tax - Band A EPC - Basement Flat E | Garden Flat E | First Floor D | Top Floor Flat F FLAT 1 | 575 Sq Ft Lower Ground Floor | Private Entrance | Open Plan Kitchen / Living Space | Bedroom | Bathroom | Courtyard Garden FLAT 2 | 580 Sq Ft Hall Floor | Communal Entrance | Open Plan Kitchen / Living Space | Bedroom | Bathroom FLAT 3 | 536 Sq Ft First Floor | Communal Entrance | Kitchen | Reception | Bedroom | Bathroom FLAT 4 | 512 Sq Ft Top Floor | Communal Entrance | Kitchen | Reception | Bedroom | Bathroom OUTSIDE 2 x Tandem Parking Spaces | Enclosed Rear Garden FREEHOLD BLOCK OF 4 FLATS The block has been a hugely successful residential investment for many years with each flat let on AST agreements but now offered with vacant possession upon completion. The property now requires updating but offers huge potential for both investment and break up. There is potential to rearrange the layout to create 2 bedroom flats or to potentially extend to the rear to increase the footprint. Subject to gaining the necessary consents INVESTMENT The flats have excellent scope for investment in this sought after central location with parking and garden. Please refer to independent rental appraisal. BASIC UPDATING | BREAK UP Following updating there is scope for a resale of each flat to suit both owner occupiers and investors. Interested parties will note the flats already have individual leases in place. The Hollis Morgan New Homes team have appraised the GDV - please refer to online legal pack. FREEHOLD Please note the freehold company has been dissolved due to the failure to provide annual accounts. The shareholder of the freehold company is the seller of the leasehold titles. This shareholder has instigated an application with Bona Vacantia to reinstate the company with Companies House and so legitimise that entity on the title. As this shall take several months to achieve the seller agrees to provide an Absentee Landlord indemnity policy upon completion at their expense and to continue with the application to reinstate the company at Companies House. Once reinstatement occurs, the ownership of the freehold company shall be transferred to the ownership of the buyer of the leasehold titles. Please refer to online legal pack. What rent can we achieve for you? The Bristol Residential Letting Co. are confident this property would make a good rental investment if brought to a standard suitable for the professional rental market. Danny Dean of The Bristol Residential Letting Co suggests a rent in the region of; 41, Ashley Hill – 4 x 1 bed flats - £1200pcm - £1300pcm per flat. If you would like to discuss more detail on the potential for rental, you can call me on 07738766640 or email ([email protected]) for a no obligation discussion. I am always happy to advise investors on maximising their investment. Simon Twose Henriques Griffiths 0117 9094000 [email protected] www.henriquesgriffiths.com EXTENDED COMPLETION Completion is set for 6 weeks or earlier subject to mutual consent.