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Bristol BS34 5 bed semi
Bristol BS34
£375,000
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, with excellent rental potential due to its proximity to UWE and major employers. The current tenants are due to vacate in early July, and the property is being sold with vacant possession, allowing a new buyer to significantly improve the yield. The property is currently let for £2350 per month, excluding bills, which is below market value, resulting in a current yield of 7.52%. With some updating, the property can achieve an annual gross return of 10%. The property has ample living and dining space, a concrete garden that requires no maintenance, and off-street parking for two cars. Its location is ideal, with easy access to Bristol city centre, Cribbs Causeway, and major employers such as Southmead Hospital and Airbus. The area is also expected to undergo significant development in the coming years, making it an attractive investment opportunity.