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Berkely Close, Bristol, BS16 4 bed terraced house for sale
Berkely Close, Bristol, BS16
£327,500
Berkely Close, Bristol, BS16
£327,500
Our Summary
- Intensification OpportunityThere is potential to convert the snug into a fifth HMO-compliant bedroom, which would require relocating the boiler to the loft with a loft ladder and handrail
- This conversion would increase rental income potential but would necessitate licensing by South Gloucestershire Council for a 5-bed HMO
- Investment Opportunity
- Potential to increase to 5 bedroom
Description
This 4-bedroom student HMO in Downend, Bristol, is fully equipped for HMO use and is currently fully let to students for the 2025/26 academic year, generating £30,000 per annum with a gross yield of 9%. The property features 4 spacious bedrooms, 1 modern bathroom, and a sociable kitchen/diner, with all facilities required for HMO compliance. Located approximately 5 miles northeast of Bristol's city centre, the property enjoys strong rental demand from students, key workers, and young professionals, with excellent transport links and local amenities nearby. The property also has potential for intensification, with the possibility of converting the snug into a fifth HMO-compliant bedroom, which would require licensing by South Gloucestershire Council. With Bristol being an economic powerhouse, driven by aerospace, financial services, media, and a growing tech sector, this property offers a solid investment opportunity for those looking to capitalize on the city's strong rental demand.