5 Bed Hmo | £46K Pa | BS5

Hollis Morgan – A Freehold PERIOD PROPERTY ( 1209 Sq Ft ) arranged as 5 BED | 5 BATH LICENSED HMO INVESTMENT with scope for £46,320 pa INCOME

The Property - ADDRESS | 30 Westminster Road, Whitehall, Bristol BS5 9A

A Freehold terraced period property with spacious accommodation ( 1209 Sq Ft ) arranged over 3 floors with enclosed rear garden. The property was recently converted into a purpose built 5 bedroom | 5 Bathroom HMO investment with spacious open plan kitchen / diner / living space opening onto the rear garden.
Sold subject to existing tenants.

Tenure - Freehold
Council Tax - Band B
EPC - C

The Opportunity - RESIDENTIAL HMO INVESTMENT

The property is let on individual AST contracts producing £42,120 pa with scope to increase to £46,320 pa. We understand the rent is inclusive of bills.

CURRENT SCHEDULE OF INCOME | £42,120 pa

Room 1 – £760 pcm – Tenancy Start: 20/09/2024
Room 2 – £700 pcm – Tenancy Start: 24/08/2024
Room 3 – £750 pcm – Tenancy Start: 28/04/2023
Room 4 – £675 pcm – Tenancy Start: 01/08/2022
Room 5 – £625 pcm – Tenancy Start May 2021
Total - £3510 pcm | £42,120 pa

PROPOSED SCHEDULE OF INCOME | £46,320 pa

Some of the tenants have been in situ for a period of time and the managing agents KPA Property Ltd ( ) have advise there is scope for the following rental increases.

Room 1- £760 pcm
Room 2 – £800 pcm
Room 3 – £800 pcm
Room 4 – £750 pcm
Room 5 – £750 pcm
Total – £3860 pcm | £46,320 pa

Location - Whitehall Road is one of the main link roads within Whitehall and provides direct access to the City Centre and St. Georges Park. Local amenities and services are all within close proximity including the vibrant Church Road which boasts an array of independent retailers, convenience stores, bars and restaurants. Bristol City Centre is approximately two miles away.

Property Details Disclaimer - Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.