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5 bedroom end of terrace house for sale
113 Beaufort Road, St. George, Bristol, Bristol BS5 8EG
£350,000
113 Beaufort Road, St. George, Bristol, Bristol BS5 8EG
£350,000
Our Summary
- FOR SALE BY LIVESTREAM AUCTION - 18th December 2024 5 Bed HMO offering 12%+ gross annual yield when fully let
- With 4 of the 5 available rooms let this is a high yielding established HMO currently producing £34,620 per annum with potential for £44,220 per annum when fully let representing a gross annual yield of circa 12%
- The property offer opportunity for further development and benefits from historic planning permission to convert into 2 self contained flats
Description
This Victorian bay fronted end of terrace house is a 5-bedroom House in Multiple Occupation (HMO) situated on a corner site at the junction of Beaufort Road and Sherbourne Street. Currently producing £34,620 per annum with potential for £44,220 per annum when fully let, the property offers a gross annual yield of circa 12%. The accommodation is arranged over two floors, with two self-contained studio/bedsits and a communal kitchen on the ground floor, and three bedrooms and a bathroom on the first floor. The property has historic planning permission to convert into two self-contained flats and offers opportunities for further development. Located in a corner plot with a courtyard-style rear garden, it is opposite Avon View Cemetery and near Lawrence Hill train station, with local amenities available on Church Road.