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7 bedroom terraced house for sale
Dean Lane, Bristol
£550,000
Dean Lane, Bristol
£550,000
Our Summary
- 7-BEDROOM HMO & REAR BUILDING PLOT WITH PLANNING GRANTEDA substantial and well maintained 7-Bedroom HMO, fully-let and generating £50,364 per annum
- The property is currently underlet and offers a projected rental potential of £56,700 per annum once the rents have been increased to market level
- To the rear of the property is a building plot with full planning permission granted for the development of a 2-bedroom mews house, with independent access from Murray Lane
- The property is located in a highly sought-after area, benefiting from easy and convenient access to Bristol city centre, strong tenant demand, and excellent long-term potential for capital growth
- For Sale By Auction - This property is due to feature in our online auction on 18 December 2025 at 6
- Summary - SUBSTANTIAL 7-BED HMO PLUS BUILDING PLOT TO REAR FOR A 2-BEDROOM MEWS HOUSEDescription - A well-maintained 7-bedroom HMO, fully let and currently producing £50,364 per annum, with clear scope to increase income to £56,700 per annum in line with market rents
- At the rear of the property sits a prime building plot with full planning permission for a stylish 2-bedroom mews house, featuring independent access from Murray Lane
- This versatile addition offers superb potential for enhanced rental income or the option to sell as a separate dwelling
- Each room is currently let as follows:Lower Ground Floor: £700 pcmHall Floor Front: £645 pcmHall Floor Rear: £552 pcmFirst Floor Front: £650 pcmFirst Floor Rear: £550 pcmTop Floor Front: £550 pcmTop Floor Rear: £550 pcmBuilding Plot - The property benefits from a building plot to the rear that has full planning granted for a 2 bedroom mews house with access from Murray Street at the rear
- Planning was granted under Application No
- 18 December LIVE ONLINE AUCTION
- 7 Bed HMO & Building Plot
- Building plot with planning for a 2-bedroom house at the rear
- HMO fully-let at £50,364 PA with scope to increase
- Superb opportunity for investors/developers
Description
This property is a substantial 7-bedroom HMO, fully let and generating £50,364 per annum, with potential to increase income to £56,700 per annum. The property is located in a highly sought-after area, close to Bristol city centre, with strong tenant demand and excellent long-term potential for capital growth. To the rear of the property is a building plot with full planning permission granted for a 2-bedroom mews house, which offers an opportunity for additional income or the house could be sold separately. The property has seven double bedrooms, two kitchens, and two bathrooms, with each room currently let. The building plot has a GDV of £400,000 for the completed house, making it an attractive investment opportunity for developers and investors.