Berkely Close, Bristol, BS16 4 bed terraced house for sale

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Berkely Close, Bristol, BS16 4 bed terraced house for sale

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 a fully equipped and compliant property that is currently fully let to students for the 2025/26 academic year. The property features four spacious bedrooms, one modern bathroom, and a sociable kitchen/diner, with all necessary facilities for HMO use. The property benefits from strong rental demand due to its proximity to UWE's Frenchay and Glenside campuses, as well as excellent transport links to Bristol city centre. The property generates £30,000 per annum in rental income, with a gross yield of 9%, and has the potential to be converted into a 5-bedroom HMO with licensing. The property is located in a vibrant area with a diverse economy, driven by aerospace, financial services, media, and a growing tech sector, and is close to two major universities, the University of Bristol and the University of the West of England (UWE).