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8 bedroom semi-detached house for sale
8 Bed Hmo | Family Home | Redland BS6
£750,000
8 Bed Hmo | Family Home | Redland BS6
£750,000
Our Summary
- Hollis Morgan - JUNE LIVE ONLINE AUCTION - A Freehold SEMI DETACHED PERIOD VILLA ( 1637 Sq Ft ) currently a 8 BEDROOM HMO with scope for FAMILY HOME with REAR GARDEN in need of UPDATING
- For Sale By Live Online Auction - ADDRESS | 31 Alexandra Park, Redland, Bristol BS6 6QB Lot Number TBCThe Live Online Auction is on Wednesday 19th June 2024 @ 17:30Registration Deadline is on Monday 17th June 2024 @ 16:00The 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”The Property - An imposing Freehold semi detached bay fronted period villa with accommodation ( 1637 Sq Ft ) arranged over 2 floors arranged as 7 bedsit rooms and a self contained flat with generous rear garden and undeveloped basement
- We understand the tenants have been served notice and we anticipate vacant possession before the June 19th auction - we will be able to clarify the situation in the build up to the auction
- SCOPE TO INCREASE RENTS | BASIC UPDATINGThe rooms are let to individual tenants on periodic / rolling AST ( Assured Shorthold Tenancy ) contracts
- Many have been in situ since 2008 and there is now scope to dramatically increase the rents inline with current market values and subject to updating
Description
The Hollis Morgan June Live Online Auction features a Freehold semi-detached period villa with 8 bedrooms and a rear garden, currently operating as a fully licensed HMO. The property, with an estimated floor area of 1637 sq ft, has the potential to increase rents through basic updating and is situated in a highly sought-after location near Bristol University and the BRI Hospital. The tenants have been served notice, and the property offers the opportunity to convert it into a family home or garden flat, subject to planning permissions. The property is freehold and has a council tax band rating of E.