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Lodore Road, Bristol, BS16

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

1

SIZE

1,449 sq ft

135 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • HMO Investment Opportunity
  • Article 4 Area with Certificate of Lawful Use
  • Scope for further intensification and rental income uplift
  • On Street Parking with no restrictions
  • Good proximity to city centre

Description

6 BED LICENSED HMO FOR SALE

Lodore Road, Fishponds, Bristol

6 bed, 1 bath, 1 reception

ASKING PRICE: £465,000

Excellent 6 Bed Licenced HMO for Sale in Fishponds, Bristol

SUMMARY OF ACCOMODATION:
Licenced 6 bed student HMO in Fishponds, Bristol. The property provides 6 bedrooms, all with double beds, 1 bathroom and an additional downstairs toilet, galley kitchen, a separate communal living space and all facilities required for use as a HMO. The property is fully let to students for the 24/25 academic year and receives strong rental demand.

External Areas:
Parking is available on Lodore Road with no restrictions. Or permits Additionally, there is a large private garden to the rear of the property which has scope for an extension.

LOCATION
Fishponds, 3 miles northeast of Bristol's centre, balances urban convenience with suburban appeal. It holds strong rental demand and is extremely popular among students and young professionals, due to excellent transport links and proximity to both the city centre and UWE campuses.

RENTAL INCOME
Currently fully let @ £45,000 pa

MONTHLY BILLS: As a student HMO the majority of direct costs are covered by the tenants, including utilities, broadband, etc, with council tax being exempt

MANAGEMENT: The property is currently managed by the landlord. Reputable local HMO management companies can be recommended in the Bristol area if required.

ASKING PRICE: Offers in the Region of £465,000

YIELD: 9.68% (Gross/ARY)

PLANNING AND LICENCING: HMO Licence and Certificate of Lawful Use in Place as HMO

VIEWINGS: Due to tenants being in-situ, viewings will only be granted to proceedable investors. Therefore, parties wishing to view the property are required to provide I.D. and Proof of Funds in line with AML regulations.

Material Information

Tenure: Freehold
Local Authority: Bristol City Council
HMO Licence: Yes - 6 Occupiers
Planning: Certificate of Lawful Use in place
Article 4 Area: Yes
EPC: C - Scope to improve to B
Council Tax Band: Band B
Services: We understand all services to be connected
Heating: Mains Gas Central Heating and Double Glazing throughout
Internet: High Speed Broadband / Wifi
Mobile Phone: Coverage for EE, 02, Vodaphone and Three

Location: Bristol: An Economic Powerhouse

Bristol, a vibrant and thriving city, with significant cultural appear. The city is considered the capital of South West England, is situated approximately 120 miles west of London and 45 miles east of Cardiff, has a population of around 465,000 and more than 1 million people living within a 45-minute drive. This property, located in the Fishponds area is highly popular among students and young professionals alike. Fishponds offers easy access to both the bustling city centre and the growing student community, making it an ideal investment opportunity.

Bristol boasts a diverse and resilient economy, underpinned by a range of key industries. The city has a long-standing connection with aerospace and engineering, with major employers like Airbus and Rolls-Royce based in nearby Filton. Other important sectors include financial services, media, and a rapidly expanding tech industry. Furthermore, Bristol is home to two major universities: the University of Bristol and the University of the West of England (UWE). Combined, these institutions host over 57,000 students, significantly contributing to the city's vibrant atmosphere and economic growth.

In addition, the University of Bristol is expanding with a new £300 million campus in Temple Quarter, which is set to accommodate 3,000 more students by 2025. This development is expected to drive further demand for student accommodation in areas like Fishponds, increasing the area’s attractiveness for property investors.

Fishponds, located just 3 miles northeast of Bristol’s city centre, offers a unique blend of urban convenience and suburban charm. Known for its strong community atmosphere, the area is highly sought after by both students and young professionals. Fishponds features a lively high street along Fishponds Road, lined with independent shops, cafes, and supermarkets like Lidl and Aldi, making it a convenient place to live. Green spaces, including Snuff Mills Park and Oldbury Court Estate, offer residents the opportunity to enjoy outdoor activities and relaxation. The area is also well-connected, with regular bus routes such as the 48, 49, and 5 linking Fishponds to the city centre and UWE’s Frenchay campus. In addition, Staple Hill train station offers direct rail access to Bristol Temple Meads in under 15 minutes, further boosting Fishponds' appeal as a rental hotspot.

Please contact the Agent, Adam Clegg BA(Hons) MPlan for any questions or to arrange a viewing.

Adam provides specialist agency and property consultancy services in the Bristol and Gloucestershire area for his clients in respect to Residential, HMO's, Investment Property and Land.

Entrance Hall

Welcoming hallway with room for storage, leading to rest of house.

Living Room

3.7m × 4.5m (12' 2" × 14' 9")

A Large, bright living room with bay window.

Kitchen

2.5m × 3.6m (8' 2" × 11' 10")

Galley-style kitchen with easy access to the garden.

Bedroom 1

3.0m × 4.6m (9' 10" × 15' 1")

Comfortable ground floor bedroom equipped with double bed, desk and garden views.

Bedroom 2

2.8m × 3.2m (9' 2" × 10' 6")

Large bedroom with double bed, desk and views onto rear garden.

Bedroom 3

2.7m × 4.2m (8' 10" × 13' 9")

Double bed, desk and views onto rear garden.

Bedroom 4

3.7m × 4.5m (12' 2" × 14' 9")

Large and well-lit bedroom positioned at the front of the house with a double bed and desk.

Bedroom 5

3.3m reducing to 1.8(w) (12' 10" × 10' 10" reducing to 5' 11"(w))

Room with double bed and desk

Bedroom 6

5.3m × 3.2m reducing to 1.8(w) (17' 5" × 10' 6" reducing to 5' 11"(w))

Room at rear of house with double

Bathroom

2.5m × 3.0m (8' 2" × 9' 10")

Bathroom with basin, bath with shower and toilet.

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Disclaimer - Property reference RX566680. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Keller Williams Oxygen, Maidenhead. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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