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6 bedroom house of multiple occupation for sale
Hmo | £54K | Bonus Plot | Fishponds
£525,000
Hmo | £54K | Bonus Plot | Fishponds
£525,000
Our Summary
- MAY LIVE ONLINE AUCTION
- A Freehold 6 BED HMO ( 1165 Sq Ft ) fully let producing £54k pa | BONUS PLOT with planning for 2 BED HOUSE or EXTRA HMO BEDROOMS stp
- potential £90k paFor Sale By Live Online Auction - ADDRESS | 179 Charlton Road, Fishponds, Bristol BS15 1LZ Lot Number TBCThe Live Online Auction is on Wednesday 14th May 2025 @ 17:30Registration Deadline is on Monday 12th May 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
- please visit the Hollis Morgan auction website and click
- 2 BED HOUSE Planning was granted in 2023 for demolition of side-extension and erection of a 2 bed house
- ( We do not know if the vendor will have a planning decision before the auction ) 25/11213/F | Change of use only from small House of Multiple Occupation (C4) to large House of Multiple Occupation (Sui Generis) with 7 bedrooms for seven people including parking, bins and cycle storage
- HMO EXTRA BEDS 7 / 8 | £72k paScope to create bedrooms 7 & 8 Potential income increases to £72k paSubject to consents
- BONUS PLOT | PLANNING GRANTED
- FOR SALE BY ONLINE AUCTION
- HMO | 54K | SCOPE FOR £90K PA
Description
This property is a freehold 6-bedroom HMO (House of Multiple Occupation) located on Charlton Road in Fishponds, Bristol. The property has a total floor area of 1165 square feet and is fully let, producing an annual income of £54,000. The property has a larger than average plot with a large side extension, which has planning permission for the demolition of the extension and the construction of a 2-bedroom house. Alternatively, the side extension could be converted into additional HMO bedrooms, increasing the potential income to £72,000 per annum. The property is being sold subject to existing tenancies and is being auctioned online on May 14th, 2025, with a registration deadline of May 12th, 2025.