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 with a strong rental demand. The property features 4 spacious bedrooms, 1 modern bathroom, and a sociable kitchen/diner, with all necessary facilities for HMO use. It 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 is located near UWE's Frenchay and Glenside campuses, with excellent transport links and local amenities. The property is also close to Bristol city centre, which is a vibrant and economically strong area with a diverse economy driven by aerospace, financial services, media, and a growing tech sector. There is potential to convert the snug into a fifth HMO-compliant bedroom, increasing rental income potential, but this would require licensing by South Gloucestershire Council. Viewings are by appointment only.