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6 bedroom semi-detached house for sale
6 Bed / 4 Bath Hmo | Frenchay
£450,000
6 Bed / 4 Bath Hmo | Frenchay
£450,000
Our Summary
- Hollis Morgan – MAY LIVE ONLINE AUCTION – A Freehold 6 BED | 4 BATH HMO INVESTMENT with GARAGE and GARDEN | Scope for £50,526 paFor Sale By Live Online Auction - ADDRESS | 30 Dryleaze Road, Frenchay, Bristol BS16 1HL Lot Number TBCThe Live Online Auction is on Wednesday 14th May 2025 @ 17:30Registration Deadline is on Monday 12th May 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 semi detached property with spacious accommodation ( 1700 Sq Ft ) arranged over 3 floors with enclosed rear garden, integral garage and off street parking
- Tenure - FreeholdCouncil Tax - Band CEPC - CUtilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal PackThe Opportunity - HMO INVESTMENTThe property offered in good decorative order and is let to professional tenants producing £3900 pcm | £46,800 pa but with scope for £4210
- 50 pcm | £50,526 paGARAGE | BED 7There may be scope to convert the garage into bedroom 7 subject to consents
- There may be scope for further increase as current rents include bills and are therefore very competitive
- FOR SALE BY ONLINE AUCTION
- MAY LIVE ONLINE AUCTION
- SCOPE FOR £50,526 pa
Description
This property is a freehold, semi-detached house in Frenchay, Bristol, converted into a six-bedroom, four-bathroom HMO (House of Multiple Occupation) in 2015. The property has a spacious open-plan kitchen, diner, and living area, as well as an enclosed rear garden and integral garage. The property is currently let to professional tenants, producing £46,800 per annum, but there is scope to increase the rent to £50,526 per annum. The property has been well-maintained and is in good decorative order, with potential to convert the garage into a seventh bedroom, adding an additional £8,000 per annum to the income. The location is convenient, with easy access to Bristol city centre, the University of the West of England, and major employers. The property will be sold subject to existing tenants and is being sold by live online auction on May 14th, 2025.