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 %
- Est sale value
- 1,291,431.72 £Decreased by 14.80 %
- Average area rental value
- 1,762.00 £/moDecreased by 17.00 %
- Est letting value
- 5,403.48 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.39 %Decreased by 1.82 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Hollis Morgan Auctions created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Hotwells Primary School | Academy Converter | Requires improvement | 0.66 KM |
Ashton Gate Primary School | Community School | Outstanding | 0.77 KM |
Christ Church Church Of England Primary School | Academy Converter | Good | 0.82 KM |
Queen Elizabeth'S Hospital | Other Independent School | 0.96 KM | |
Clifton High School | Other Independent School | 1.09 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Pembroke Place | £ 325,000 | 0 | 0.00 KM |
Ambrose Road | £ 0 | 0 | 0.00 KM |
Cliftonwood Terrace | £ 0 | 0 | 0.00 KM |
Old School Lane | £ 1,250,000 | 0 | 0.00 KM |
Mardyke Ferry Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Clifton Down | 3202 | CFN | 1.70 KM |
Parson Street | 3246 | PSN | 2.06 KM |
Bedminster | 3245 | BMT | 2.66 KM |
Redland | 3247 | RDA | 2.79 KM |
Montpelier | 3203 | MTP | 3.66 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
HIGH YIELDING HMO | BS8 | £ 1,060,000 | BUY | 5 / 10 | 0.00 KM |
Bear Yard Mews, Bristol, BS8 | £ 375,000 | BUY | 7 / 10 | 0.03 KM |
Osborne Wallis House, Pooles Wharf Court, Bristol BS8 | £ 460,000 | BUY | 6 / 10 | 0.07 KM |
Osborne Wallis House, Pooles Wharf Court, Bristol, BS8 | £ 425,000 | BUY | Unknown | 0.08 KM |
Ambrose Road, Clifton Wood, Bristol, BS8 4RJ | £ 375,000 | BUY | Unknown | 0.09 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
185 Hotwell Road | £ 417,500 | 0.03 KM |
4 Crosby Row | £ 420,000 | 0.05 KM |
29 Ambrose Road | £ 250,000 | 0.08 KM |
4 Ambrose Road | £ 235,000 | 0.08 KM |
9 Ambrose Road | £ 420,000 | 0.08 KM |