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Clifton properties offer mixed use investment opportunity

21st May 2012 Print
Rodney House

An imposing Grade II listed Georgian townhouse with ancillary student accommodation in the heart of Clifton village has come to the market.

Currently comprising private residential accommodation, managed offices and student accommodation, the recently refurbished properties offer an exceptional mixed use investment opportunity, according to selling agents Savills.

The sale consists of two separate buildings on a prominent corner plot extending to 0.1 hectares; Rodney House and 2, Portland Street.

Grade II listed Rodney House has accommodation arranged over five floors with many attractive period features. There are two 3 bedroom apartments in the lower ground and third floor. Managed offices occupy the ground to second floor comprising 11 individual suites, with an attractive entrance hall, boardroom, kitchen, WC and shower facilities. The property also benefits from off street parking for 10 vehicles and has attractive landscaped gardens.

2 Portland Street is a three storey 1970s building. The accommodation is made up of three 6 bedroom cluster apartments, each with a fitted kitchen with living area and separate bathroom and shower room.

The property currently generates a gross income in excess of £200,000 per annum and Savills is seeking offers in excess of £2.5 million.

Ben Taylor from Savills who is marketing the scheme comments, “These properties occupy a corner plot in the heart of Clifton village, a location sought after by both businesses and private individuals. Coupled with the fact that Rodney House and 2 Portland Street have been the subject of extensive refurbishment over the past year, this scheme provides an exceptional investment opportunity for which we are expecting strong levels of interest.”

For further information, visit savills.co.uk.

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Rodney House