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7 bedroom terraced house for sale

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7 bedroom terraced house for sale

7 Bed Hmo | Family Home | Hotwells
£550,000

Our Summary

  • Hollis Morgan - Leasehold PERIOD PROPERTY ( 1570 Sq Ft ) arranged as 7 BED HMO | Scope for FAMILY HOME with GARDEN | Vacant PossessionThe Property - ADDRESS | 9 Christina Terrace, Hotwells, Bristol BS8 4QBA Leasehold mid terraced bay fronted period property occupying an elevated position with accommodation ( 1570 Sq Ft ) arranged over 3 floors with enclosed rear garden
  • Tenure - Leasehold | 1,000 years from 1893 Council Tax - Band DEPC - DUtilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal PackThe Opportunity - 7 BED HMO | £63,000 PAThe property is a fully licensed 7 bedroom HMO with scope for a rental income of £750 per room pcm
  • (We understand the remaining tenant plans to vacate prior to completion)FAMILY HOME | BASIC UDPATINGThe property has been let for many years and would benefit from some basic updating but has scope for a fine family home in this sought after location close to the Harbourside, Clifton, City Centre and Southville
  • POTENTIAL FOR £63K PA
  • Potential for £63K pa
  • SCOPE FOR CONVERSION TO FAMILY HOME
  • SCOPE FOR VACANT POSSESSION
  • Scope for conversion to family home
  • Scope for vacant possession

Description

This is a leasehold period property located in Hotwells, Bristol, with 1,570 square feet of living space arranged over three floors. The property is currently a fully licensed 7-bedroom HMO, generating a rental income of £63,000 per annum, but has the potential to be converted into a family home. The property requires some basic updating but benefits from a sought-after location, close to the Harbourside, Clifton, City Centre, and Southville. The property has an enclosed rear garden and is situated on Christina Terrace, with excellent amenities and transportation links nearby. The property is being sold subject to the tenancy agreement, with the remaining tenant expected to vacate prior to completion.