Hollis Morgan Auctions says ..

Property Oracle says ..

This six-bedroom, four-bathroom property in Horfield, Bristol, is presented as a potential HMO, currently generating an annual rental income of £54,936. The property itself is a multi-story house with a small rear garden and a garage. Photographs indicate the interior is reasonably well-maintained although some cosmetic improvements may be desired. The exterior appears in fair condition, showing some signs of age but no major structural issues are evident. The location in Horfield offers proximity to local schools, and several train stations are within a reasonable commuting distance. However, limited information is available about the immediate vicinity of Bartholomews Square, which could influence livability. Given the high number of bedrooms and bathrooms, and the current rental income, the price appears in line with market expectations for a property of this type in the Horfield area. However, a thorough market valuation and comparison with recent sales data of similar properties in the immediate area are vital before making an informed investment decision. The small garden and lack of precise details on the square footage of nearby properties hinder a precise assessment of the property’s value. Buyers should also carefully consider the potential implications of owning and managing an HMO, including property management costs, tenant regulations and risks associated with rental income fluctuations.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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