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
  • HMO Investment Opportunity
  • Scope for further intensification and rental income uplift

Description

This 6-bedroom licensed HMO property in Fishponds, Bristol is being sold for £465,000, offering a gross yield of 9.68%. The property has a galley kitchen, communal living space, and six bedrooms, all with double beds, as well as one bathroom and an additional downstairs toilet. The property is fully let to students for the 2024-2025 academic year and has strong rental demand. The location is popular among students and young professionals due to its proximity to Bristol's city center and the University of the West of England campuses. The property has a large private garden to the rear and parking available on the street. The majority of direct costs are covered by the tenants, including utilities and broadband, with council tax being exempt. The property is currently managed by the landlord, but reputable local HMO management companies can be recommended if needed. Viewings are only available to proceedable investors due to the tenants being in-situ.
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