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7 bedroom semi-detached house for sale
Filton Avenue, Bristol, BS34
£550,000
Filton Avenue, Bristol, BS34
£550,000
Our Summary
- INVESTMENT OPPORTUNITY7 BED HMO FOR SALEFilton Avenue, Filton, Bristol, South Glos7 bed, 2 bath, 1 receptionASKING PRICE: £550,000 Excellent 7 Bed Licenced HMO for Sale in FiltonSUMMARY OF ACCOMODATION Licenced 7 bed HMO in central 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/F VIEWINGS: Due to tenants being in-situ, viewings will only be granted to proceedable investors
- Investment Opportunity
- Loft conversion potential
- Scope for further intensification and rent income increases
- Sui Generis Planning for 7 Occupants
Description
This 7-bedroom, 2-bathroom HMO property in Filton, Bristol, is an excellent 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 3+ cars, and a large and well-maintained garden. Located in a key employment hub with major aerospace companies and the University of the West of England student campus, the property benefits from easy access to Bristol city centre. The asking price is £550,000, offering a gross yield of 11.5%. The property is managed and let by external agents, with management fees at 6% + VAT and letting fees at £700 + VAT per annum. Due to the tenants being in-situ, viewings will only be granted to proceedable investors.