5 bedroom semi-detached house for sale

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5 bedroom semi-detached house for sale

Station Road, Filton, Bristol
£375,000

Our Summary

  • Overview Due 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, near UWE and major employers, offering excellent rental potential. The current tenancy ends in August 2023, providing an opportunity to significantly improve the yield. The property is currently let to a group of tenants who will vacate early July, and the current rent is £2350 per month, below market value. With a purchase price of £375,000, the current yield is 7.52%, and the potential annual gross return is 10% with rent per room at £625 per month. The property is in need of updating but is presented in an adequate condition, with ample living, dining, and kitchen space, as well as a concrete garden and off-street parking for two cars. The location is ideal, with easy access to Bristol city centre, Cribbs Causeway, and major employers, as well as nearby green spaces and recreational facilities.