HIGH YIELDING HMO | BS8
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HIGH YIELDING HMO | BS8

By Hollis Morgan Auctions

£ 1,060,000

Reviews

2 out of 5 stars

Hollis Morgan Auctions says ..

Hollis Morgan – SEPTEMBER LIVE ONLINE AUCTION – A Freehold FULLY LICENSED 13 BEDROOM HMO ( 2701 Sq Ft ) in excellent decorative order - Fully Let producing a GROSS INCOME of £145,500 PA with GARDEN.

Property Oracle says ..

This property, located on Hotwell Road in Bristol’s Hotwells and Harbourside district, is a fully-licensed 13-bedroom HMO. The listing highlights a substantial gross annual income of £145,500. Images reveal a recently refurbished or renovated interior, showcasing modern kitchens and bathrooms across the multiple bedrooms. The property benefits from a small rear garden. The proximity to Bristol Harbourside, along with various amenities, including several primary schools (Hotwells Primary, Ashton Gate Primary, and Christ Church Primary are within approximately 1km) and Clifton Down Train station adds to its attractiveness as an investment opportunity. However, the lack of detailed information regarding the property’s precise square footage (compared to local averages) hinders an exact assessment of value. While the interior appears well-maintained, a more complete exterior view would inform any required maintenance or modernisation needs. The small garden should be considered alongside the property type; a larger outdoor space would be beneficial but is not unexpected given the central location and HMO nature. Overall, this property presents a potentially lucrative investment opportunity in a desirable area, but a thorough survey and additional investigation into comparative sales data would be necessary before purchasing.

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

Price
7
Condition
6
Location
7
Land
2
Bedrooms
13
Bathrooms
4
Sqft (est)
2,701.74

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
392,231.00 £
Decreased by 15.49 %
from 464,118.00 £
Est sale value
1,291,431.72 £
Decreased by 14.80 %
from 1,515,676.14 £
Average area rental value
1,762.00 £/mo
Decreased by 17.00 %
from 2,123.00 £/mo
Est letting value
5,403.48 £/mo
Unchanged by 0.00 %
from 5,403.48 £/mo
Est rental Yield
5.39 %
Decreased by 1.82 %
from 5.49 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Hollis Morgan Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
Hotwells Primary SchoolAcademy ConverterRequires improvement0.66 KM
Ashton Gate Primary SchoolCommunity SchoolOutstanding0.77 KM
Christ Church Church Of England Primary SchoolAcademy ConverterGood0.82 KM
Queen Elizabeth'S HospitalOther Independent School0.96 KM
Clifton High SchoolOther Independent School1.09 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Pembroke Place £ 325,00000.00 KM
Ambrose Road £ 000.00 KM
Cliftonwood Terrace £ 000.00 KM
Old School Lane £ 1,250,00000.00 KM
Mardyke Ferry Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Clifton Down3202CFN1.70 KM
Parson Street3246PSN2.06 KM
Bedminster3245BMT2.66 KM
Redland3247RDA2.79 KM
Montpelier3203MTP3.66 KM

Nearby Listings

AddressPriceTypeScoreDistance
HIGH YIELDING HMO | BS8 £ 1,060,000BUY5 / 100.00 KM
Bear Yard Mews, Bristol, BS8 £ 375,000BUY7 / 100.03 KM
Osborne Wallis House, Pooles Wharf Court, Bristol BS8 £ 460,000BUY6 / 100.07 KM
Osborne Wallis House, Pooles Wharf Court, Bristol, BS8 £ 425,000BUYUnknown0.08 KM
Ambrose Road, Clifton Wood, Bristol, BS8 4RJ £ 375,000BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
185 Hotwell Road £ 417,5000.03 KM
4 Crosby Row £ 420,0000.05 KM
29 Ambrose Road £ 250,0000.08 KM
4 Ambrose Road £ 235,0000.08 KM
9 Ambrose Road £ 420,0000.08 KM