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8 bedroom flat for sale
HMO | £79,680 pa | BRISTOL UNI
£850,000
HMO | £79,680 pa | BRISTOL UNI
£850,000
Our Summary
- Hollis Morgan – APRIL LIVE ONLINE AUCTION – A Leasehold PRIME 8 BED HMO ( 2013 Sq Ft ) next to BRISTOL UNI | Fully let producing £79,680 pa | Scope for Bed 9 stcFor Sale By Live Online Auction - ADDRESS | 76 Park Row, Triangle, Bristol, BS1 5LELot Number TBCThe Live Online Auction is on Wednesday 23rd April 2025 @ 17:30Registration Deadline is on Monday 21st April 2025 @ 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 - A Leasehold 8 bedroom HMO property located within yards of the Wills Memorial building at the main Bristol University campus
- Tenure - Leasehold ( Residue of 999 years ) Council Tax - Band EEPC - E Utilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal PackThe Opportunity - PRIME HMO INVESTMENT | £79680 PAThe property operates as a fully licensed 8 bedroom HMO2024 / 25 academic year - £77,760 pa | Single Contract | Tenants Cover all Bills 2025 / 26 academic year - £79,680 pa | Single Contract | Tenants Cover all Bills BEDROOM 9 | STCThere is scope to split one of the first floor larger bedrooms in half to create bedroom 9 subject to gaining the necessary consents
Description
This leasehold property is a prime 8-bedroom HMO located next to Bristol University, with private access from Park Row. The property has 2013 square feet of accommodation arranged over three floors and is fully let, producing £79,680 per annum. The current tenancy is a single contract, with tenants covering all bills. There is scope to create a ninth bedroom by splitting one of the larger first-floor rooms, subject to gaining necessary consents. The property is situated in a highly sought-after location, with excellent amenities and proximity to the city center, harbourside, and Temple Meads. The property will be sold subject to the existing tenancy and is being offered for sale by live online auction on April 23rd, 2025, with registration deadline on April 21st.