5 bed semi-detached house

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5 bed semi-detached house

Bristol BS34
£375,000

Our Summary

  • OverviewDue to its proximity to UWE and major employers the rental potential of this home is superb
  • The current tenancy ends August '23 and after this period any potential investment buyer can significantly improve the yield
  • Overall updating is required but it is presented to an adequate standard

Description

This five-bedroom HMO property is located off Station Road in Filton, within walking distance to UWE and major employers. The current tenants are due to vacate in early July, providing an opportunity for an investor to significantly improve the yield. The property is currently let for £2350 per month, below market value, and has a current yield of 7.52%. With some updating, the property has the potential to generate an annual gross return of 10%. The property features ample living and dining space, a concrete garden that requires no maintenance, and off-street parking for two cars. Located in a prime area, the property is close to Cribbs Causeway, Southmead Hospital, and major employers, as well as local green spaces and amenities. With the planned development of the YTL arena and surrounding area, this property is poised to benefit from the growth and regeneration of the community.