Our Summary

• Hollis Morgan – JUNE LIVE ONLINE AUCTION – A Freehold PERIOD PROPERTY ( 1209 Sq Ft ) arranged as 5 BED | 5 BATH LICENSED HMO INVESTMENT with scope for £46,320 pa INCOMEFor Sale By Live Online Auction - ADDRESS | 30 Westminster Road, Whitehall, Bristol BS5 9A Lot Number TBCThe Live Online Auction is on Wednesday 18th June 2025 @ 17:30Registration Deadline is on Monday 16th June 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer
• Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”The Property - A Freehold terraced period property with spacious accommodation ( 1209 Sq Ft ) arranged over 3 floors with enclosed rear garden
• *** PLEASE NOTE PHOTOS & VIRTUAL TOUR OF TOP FLOOR BEDROOMS TO FOLLOW ***Tenure - FreeholdCouncil Tax - Band BEPC - CUtilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal PackThe Opportunity - RESIENTIAL HMO INVESTMENTThe property is let on individual AST contracts producing £42,120 pa with scope to increase to £46,320 pa
• CURRENT SCHEDULE OF INCOME | £42,120 paRoom 1 – £760 pcm – Tenancy Start: 20/09/2024Room 2 – £700 pcm – Tenancy Start: 24/08/2024Room 3 – £750 pcm – Tenancy Start: 28/04/2023Room 4 – £675 pcm – Tenancy Start: 01/08/2022Room 5 – £625 pcm – Tenancy Start May 2021 Total - £3510 pcm | £42,120 paPROPOSED SCHEDULE OF INCOME | £46,320 paSome of the tenants have been in situ for a period of time and the managing agents KPA Property Ltd ( ) have advise there is scope for the following rental increases
• FOR SALE BY ONLINE AUCTION
• JUNE LIVE ONLINE AUCTION
• SCOPE FOR £46,320 pa INCOME