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5 bedroom house for sale
Westminster Road, Whitehall, Bristol BS5
£400,000
Westminster Road, Whitehall, Bristol BS5
£400,000
Our Summary
- Hollis Morgan – A Freehold PERIOD PROPERTY ( 1209 Sq Ft ) arranged as 5 BED | 5 BATH LICENSED HMO INVESTMENT with scope for £46,320 pa INCOMEThe Property - ADDRESS | 30 Westminster Road, Whitehall, Bristol BS5 9A A Freehold terraced period property with spacious accommodation ( 1209 Sq Ft ) arranged over 3 floors with enclosed rear garden
- Tenure - FreeholdCouncil Tax - Band BEPC - CThe Opportunity - RESIDENTIAL 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
- SCOPE FOR £46,320 pa INCOME
- Scope for £46,320 pa income
Description
This is a freehold period property located on Westminster Road in Whitehall, Bristol, which has been converted into a licensed 5-bedroom, 5-bathroom HMO investment property. The property spans 1,209 square feet over three floors and features an enclosed rear garden. It is currently let on individual AST contracts, producing an annual income of £42,120, with scope to increase to £46,320. The property is situated in a prime location, close to the city center and local amenities, and offers a potential annual income of £46,320 with rental increases proposed for the existing tenants.