8-bedroom bungalow · BS35 4DR
For saleListed 358 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A substantial freehold property comprises eight residential rental properties, shop and post office.
The property and apartments are well presented throughout with residents parking and providing a substantial rental income.
The shop and post office has a spacious 1682 square foot sales floor with bakery, costa coffee express and parcel services. The shop could be leased for further rental income.
Location Olveston is a large village in South Gloucestershire just 6 miles North of Bristol, almost between Bradley Stoke and Thornbury.
Conveniently located near the M4, M5 and M48 with junction 16 of the M5 3.9 miles away, and 2.4 miles from Junction 1 of the M48.
Fixtures & Fittings We are advised that all shop fixtures and fittings are included in the sale subject to an inventory.
Letting Accommodation There are eight apartments all currently let and generating a rental income of £10,145 per month / £121,740 per annum.
The Opportunity This is a great opportunity to obtain a substantial property with a variety of revenue streams including the shop, post office and residential rental incomes.
The shop and post office could be leased to a third party to provide further rental income or be owner managed. A fabulous asset to add to any growing property portfolio.
Staff The owner has advised that there are 10 members of staff that will transfer under TUPE. Trading Information Available upon request.
Trading Hours Trading hours are Monday - Saturday 6am - 8.30, Sunday 7am - 7.30pm Tenure Freehold. Business Rates The Rateable value for the shop & post office as per 1st April 2023 is £14,250.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Olveston Stores & Post Office, The Street, Olveston, Bristol, BS35 4DR, BS35 4DR
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