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 property with 4 spacious bedrooms, 1 modern bathroom, and a sociable kitchen/diner. The property 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 approximately 5 miles northeast of Bristol's city centre, with excellent transport links and proximity to UWE's Frenchay and Glenside campuses, making it a prime location for student HMO investment. The property is fully compliant with HMO regulations and has potential for intensification, with the possibility of converting the snug into a fifth HMO-compliant bedroom. The property is being sold for £327,500 and offers unrestricted on-street parking, a private drive, and a rear garden for tenant use.