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Wallscourt Road, Bristol, BS34 7 bed semi
Wallscourt Road, Bristol, BS34
£525,000
Wallscourt Road, Bristol, BS34
£525,000
Our Summary
- INVESTMENT OPPORTUNITY7 BED HMO FOR SALEWallscourt Road, Filton, Bristol, South Glos7 bed, 2 bath, 1 receptionASKING PRICE: £550,000 Excellent 7 Bed Licenced HMO for Sale in FiltonSUMMARY OF ACCOMODATION Licenced 7 bed HMO in central Filton, Bristol, South Glos
- ASKING PRICE: Offers invited above £550,000 YIELD: 10% (Gross/ARY) PLANNING AND LICENCING: HMO Licence and Planning Permission for Sui Generis HMO Approved 2019 - Reference No: PT18/1702/F VIEWINGS: Due to tenants being in-situ, viewings will only be granted to proceedable investors
- Building at rear for further conversion / loft conversion opportunities
- Investment Opportunity
- Scope for further intensification and rental income increases
- Sui Generis Planning for 7 Persons
Description
This is an investment opportunity to purchase a 7-bedroom licensed HMO (House of Multiple Occupancy) in Filton, Bristol, with an asking price of £550,000. The property is located in a central area with a private drive and parking for three cars, as well as a well-maintained garden. The HMO is fully licensed and has planning permission for a Sui Generis HMO, approved in 2019. The property is currently managed and let by external agents and generates a rental income of £54,600 per annum, with monthly bills averaging £400. The yield is 10% (Gross/ARY). Due to the tenants being in-situ, viewings will only be granted to proceedable investors.