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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. The property is located approximately 5 miles northeast of Bristol's city centre, with excellent transport links and proximity to UWE's Frenchay and Glenside campuses. The area benefits from strong rental demand from students, key workers, and young professionals, and there is potential to convert the snug into a fifth HMO-compliant bedroom, increasing rental income potential. The property is currently managed by the landlord, but reputable local HMO management companies can be recommended if required.