Bridgman Grove, Bristol, BS34 7 bed end of terrace house for sale

>

Bridgman Grove, Bristol, BS34 7 bed end of terrace house for sale

Bridgman Grove, Bristol, BS34
£550,000

Our Summary

  • INVESTMENT OPPORTUNITY7 BED HMO FOR SALEBridgman Grove, Filton, Bristol, South Glos
  • 5% (Gross/ARY) PLANNING AND LICENCING: HMO Licence and Planning Permission for Sui Generis HMO Approved 2019 - Reference No: PT18/1702/FVIEWINGS: Due to tenants being in-situ, viewings will only be granted to proceedable investors
  • Investment Opportunity
  • Scope for further intensification and rental income increases
  • Sui Generis Planning for 7 person HMO

Description

This 7-bedroom, 2-bathroom HMO property in Filton, Bristol, is a lucrative investment opportunity. The property is fully let to students for the 2024-2025 academic year and has strong rental demand. The property features a kitchen-diner/living area, private parking for three cars, and a well-maintained garden. The location is ideal, with easy access to Bristol city center and major aerospace companies. The asking price is £550,000, with a yield of 11.5% (Gross/ARY). The property is currently managed and let by external agents, with management fees at 6% +VAT and lettings fees at £700 +VAT per annum. Viewings are only available to proceedable investors due to the current tenants being in-situ.