Property Introduction

A superbly newly renovated four-bedroom HMO investment - already let to four professionals on a single tenancy with a strong yield of at least 7.68%. Article 4 consent is in place, with permitted development to extend, Mortimer Road is sold with immediate returns from day one.

Property Description

Mortimer Road, is an exceptional four-bedroom HMO that represents a straightforward, high-yield investment opportunity guaranteeing returns from day one.

This property has been recently renovated throughout to a high specification and is currently let to four working professionals on a single 12-month tenancy agreement, producing £2,400 per calendar month in rental income, equating to a compelling minimum yield of 7.68%.

Importantly, the tenants pay the bills under their agreement, significantly reducing ongoing costs and management complexity, and preventing your yield being eaten into any further.

Internally, the accommodation comprises four double bedrooms, each thoughtfully designed, together with two contemporary bathrooms finished to a stylish standard.

The property is furnished to a good quality throughout, meaning it’s truly move-in ready for investors and can continue operating as a successful HMO with minimal effort.

A key feature of this investment is the planning article in place which grants consent to expand the property’s HMO potential - most notably by extending into the roof space (subject to the usual consents and building control sign-off). This opens up a clear route to adding future value, increasing rental capacity, maximising returns and return on investment.

The seller already had a full marketing package completed for the property when completed, showing off the property in its best possible light. They are happy to share the photos, floorplan and video tour with any future owner to ensure they secure the best possible rental price when re-letting in the future.

As a tenancy is already in place in the property, this opportunity is only suitable to investors.

Please note, we offer reservation agreements to buyers on every purchase. This enables you as the buyer to purchase the property in a more secure and safe way. Please contact us for more information.

Key Facts & Figures

• Guaranteed Rent - £2400pcm / £28,800pa
• Guaranteed Gross Annual Yield - 7.68%
• EPC - C
• Council Tax Band - B
• Article 4 Consent in Place - Permitted Development for Attic Conversion
• Let to Professionals on 12-month Contract
• Tenants pay Bills - Lower Landlord Overheads
• High-Spec Renovation throughout

About The Area - Filton, Bristol

Situated in the Filton area of Bristol, this property benefits from being within easy walking distance of Filton Abbey Wood railway station - with regular services to Bristol Temple Meads, Cardiff Central, and beyond.

Mortimer Road lies in a well-connected position for both employment and education hubs: Filton and the surrounding area host major employers such as BAE Systems’ aerospace and defence facilities - a significant local employer in the sector - Boeing Defence UK, which has a substantial headquarters in Bristol Business Park, and Southmead Hospital.

For students and professionals alike, the University of the West of England (UWE) Frenchay campus is less than 2-miles away, with regular buses making it easily commutable.

The local postcode also benefits from everyday conveniences: shops, restaurants, cafes and services are all readily accessible, and there is a strong community appeal as part of the broader City of Bristol, one of the best places to live in the UK.

Please note, the marketing materials are purely for reference, and items shown or mentioned in the photos, video tour and description may not be included. Please check with your solicitor if purchasing the property, or agent if viewing the property for clarification.

Please quote reference JF0961 when enquiring to view this property.