Berkely Close, Bristol, BS16

4 Bed HMO for Sale - Berkeley Close, Downend, Bristol

Asking Price: £327,500

Summary of Accommodation
This 4-bedroom student HMO in Downend, Bristol, is fully equipped for HMO use. It features 4 spacious bedrooms, 1 modern bathroom, and a sociable kitchen/diner. The property includes all facilities required for HMO compliance and is fully let to students for the 2025/26 academic year, benefiting from strong rental demand.

External Areas
The property offers unrestricted on-street parking with no permits required, a private drive, and a rear garden for tenant use.

Location
Situated in Downend, approximately 5 miles northeast of Bristol’s city centre, this property enjoys strong rental demand from students, key workers, and young professionals. Its close proximity to UWE’s Frenchay campus, the university’s main site, is just a short journey by bus or bike, while the Glenside campus, home to the Faculty of Health and Applied Sciences, is nearby in Fishponds. The area benefits from excellent transport links via the M32 and M4 motorways, as well as solid bus connections to Bristol city centre. Local amenities include Downend High Street, Emersons Green retail park, and green spaces such as King George V Playing Fields.

Rental Income
The property is currently fully let, generating £30,000 per annum with a gross yield of 9% (ARY).

Monthly Bills
As a student HMO, tenants cover most direct costs, including electricity, gas, and water. Council tax exemption applies for student occupants.#

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

Licensing
The property is classified as an HMO by South Gloucestershire Council but is not located in an Article 4 Area. It is fully compliant with HMO regulations for space, fire, gas, and electrical standards. Licensing is optional for a 4-person HMO and not mandatory.

Intensification Opportunity
There is potential to convert the snug into a fifth HMO-compliant bedroom, which would require relocating the boiler to the loft with a loft ladder and handrail. This conversion would increase rental income potential but would necessitate licensing by South Gloucestershire Council for a 5-bed HMO.

Bristol: An Economic Powerhouse
Bristol, the capital of South West England, is a vibrant city located 120 miles west of London and 45 miles east of Cardiff, with a population of approximately 465,000 and over 1 million within a 45-minute drive. The city boasts a diverse economy driven by aerospace, with major employers like Airbus and Rolls-Royce in nearby Filton, as well as financial services, media, and a growing tech sector. Bristol is home to two major universities, the University of Bristol and the University of the West of England (UWE), with over 57,000 students. A new £300m University of Bristol campus in Temple Quarter is set to accommodate 3,000 additional students by 2025, further increasing demand for student accommodation. Downend’s proximity to UWE’s Frenchay and Glenside campuses makes it a prime location for student HMO investment.

Viewings
Viewings are by appointment only, and parties must provide AML (Anti-Money Laundering) information.

Material Information
- Total Floor Area: 919 sq.ft (85.3 sq m)
- Tenure: Freehold
- Local Authority: South Gloucestershire Council
- HMO Licence: Not mandatory for a 4-bed HMO
- Planning: N/A
- Article 4 Area: No
- EPC Rating: C (scope to improve to B)
- Council Tax Band: B (£1,888 per annum, exempt for student HMO)
- Services: All mains services connected
- Heating: Mains gas central heating with double glazing throughout
- Internet: High-speed broadband/WiFi available
- Mobile Coverage: Available for EE, O2, Vodafone, and Three
- Intensification: Opportunity to convert the snug into a fifth bedroom by relocating the boiler to the loft with a loft ladder and handrail, requiring licensing by South Gloucestershire Council for a 5-bed HMO