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6 bedroom house of multiple occupation for sale
6 Bed / 4 Bath Hmo | Frenchay
£475,000
6 Bed / 4 Bath Hmo | Frenchay
£475,000
Our Summary
- APRIL LIVE ONLINE AUCTION
- A Freehold 6 BED | 4 BATH HMO INVESTMENT with GARAGE and GARDEN | Scope for £50,526 paFor Sale By Live Online Auction - ADDRESS | 30 Dryleaze Road, Frenchay, Bristol BS16 1HL Lot Number 36The 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
- please visit the Hollis Morgan auction website and click
- Tenure - FreeholdCouncil Tax - Band CEPC - CUtilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal PackThe Opportunity - HMO INVESTMENTThe property offered in good decorative order and is let to professional tenants producing £3900 pcm | £46,800 pa but with scope for £4210
- 50 pcm | £50,526 paGARAGE | BED 7There may be scope to convert the garage into bedroom 7 subject to consents
- There may be scope for further increase as current rents include bills and are therefore very competitive
- FOR SALE BY ONLINE AUCTION
- SCOPE FOR £50,526 pa
Description
A freehold semi-detached property in Frenchay, Bristol, is being sold through a live online auction on April 23rd. The property, which was converted into a six-bedroom, four-bathroom HMO investment in 2015, has a spacious open-plan kitchen, diner, and living space, as well as an enclosed rear garden and integral garage. The property is currently let to professional tenants, producing £46,800 per annum, but has scope for an increase to £50,526 per annum. The property is being sold subject to existing tenants, and the auction will be streamed live online, allowing bidders to participate remotely. The property is located in a thriving local community, close to the M32 link road and the University of the West of England campus.