Lodore Road, Bristol, BS16 6 bed terraced house for sale

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Lodore Road, Bristol, BS16 6 bed terraced house for sale

Lodore Road, Bristol, BS16
£465,000

Our Summary

  • Or permits Additionally, there is a large private garden to the rear of the property which has scope for an extension
  • 68% (Gross/ARY)PLANNING AND LICENCING: HMO Licence and Certificate of Lawful Use in Place as HMOVIEWINGS: Due to tenants being in-situ, viewings will only be granted to proceedable investors
  • HMO Investment Opportunity
  • Scope for further intensification and rental income uplift

Description

This 6-bed licensed HMO in Fishponds, Bristol, is a fantastic investment opportunity. The property provides six double bedrooms, one bathroom, and an additional downstairs toilet, as well as a galley kitchen, communal living space, and private garden. The property is fully let to students for the 2024-2025 academic year, generating a strong rental income of £45,000 per annum. The location is highly sought after, with excellent transport links and proximity to both the city center and UWE campuses, making it extremely popular among students and young professionals. The property is currently managed by the landlord, but reputable local HMO management companies can be recommended if required. With an asking price of £465,000, this property offers a yield of 9.68% (Gross/ARY) and is an attractive option for investors looking to generate a strong return on investment. Viewings are available, but only to proceedable investors, due to the tenants being in-situ.