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6 bed terraced house
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Our Summary
- Residential Development Plot Included (STPP)
- Potential to increase to Sui Generis 8 Person HMO (STP)
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Description
The property is a converted 6-bedroom House in Multiple Occupation (HMO) in Kingswood, Bristol, featuring six large double bedrooms, four bathrooms, a communal living and dining room, a modern kitchen, a utility room, and a private rear garden. The accommodation has been finished to a high standard with original period features retained. The property is currently fully let, generating £52,440 per annum, with a gross yield of around 11%.
The sale also includes a freehold development plot to the rear, measuring approximately 0.053 acres, with several potential development options, including single, two-bed, and studio dwellings. The property benefits from significant investment potential, including the potential for further development on the rear plot.