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

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

Bridgman Grove, Bristol, BS34
£580,000

Our Summary

  • ASKING PRICE: Offers invited above £580,000 YIELD: 11% (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 fully licensed and currently let to students for the 2024-2025 academic year. The property features a kitchen-diner/living area and has all necessary facilities for a large HMO. The property is situated in an Article 4 Area and has a private parking drive and well-maintained garden. The location is close to major aerospace companies, the University of the West of England, and has good transport links to Bristol city centre. The current rental income is £63,600 per annum, with monthly bills averaging £400. The asking price is £580,000, offering a gross yield of 11%. Viewings are available to proceedable investors only, due to the tenants being in-situ.
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