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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 property in Downend, Bristol, is fully equipped for HMO use and is currently fully let to students for the 2025/26 academic year. 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, close to UWE's Frenchay campus and with excellent transport links via the M32 and M4 motorways. The property generates £30,000 per annum with a gross yield of 9% and is fully compliant with HMO regulations. There is also potential to convert the snug into a fifth HMO-compliant bedroom, which would increase rental income potential. With Bristol being an economic powerhouse and a popular university city, this property offers a strong investment opportunity in a prime location.