High Street, Bristol, BS15

Exceptional 6-Bedroom HMO with Development Plot | Kingswood, Bristol | BS15 4AD

A rare opportunity to acquire a fully let, high-specification 6-bedroom House in Multiple Occupation, complete with an adjoining development plot to the rear — offered for sale as a single transaction. Offers in Region of £590,000.

Converted to HMO use in 2022 following a comprehensive back-to-brick renovation, the property has been finished to an exceptionally high standard with careful retention of original period features. The accommodation comprises six large double bedrooms (all with double beds), four bathrooms (including two en-suites), a generous communal living and dining room, a modern wrap-around kitchen fully equipped for HMO use including double ovens and double hobs, a utility room with washer and dryer, and a private rear garden. There is significant demand for this property as a professional HMO.

Key Investment Highlights:
- Currently fully let @ £52,440 pa
- Bills: £711 pcm inclusive of utilities, broadband, TV licence and council tax
- Gross yield: c.11% (excluding residual land value)
- HMO Licence in place for 6 occupants — potential for 8 following Sui Generis Planning
- Certificate of Lawful Use in place
- No Article 4 restrictions
- EPC: D — scope to improve to B
- Management: Lettings and management service available upon request

2022 Renovation Works Include:
- Damp proof course
- Roof partial replacement
- Full re-wire
- New heating & plumbing inc. new boiler
- New windows, floors & doors
- Full plastering of all walls and ceilings
- New kitchen, utility and bathrooms
- New garden path

Development Plot (STPP):
Included in the sale is a freehold development plot to the rear (circa 0.053 acres, excluding driveway), held under a separate title. The site carries a C3 residential use class designation and sits within the Local Plan Built Up Area Boundary. Whilst no formal planning application has been submitted with South Gloucestershire Planning Authority, an initial assessment indicates the plot could accommodate a range of residential schemes. Four development options have been identified:

- Option 1: 2 x 1-bed dwellings (2 parking spaces, 2 cycle spaces required)
- Option 2: 2 x 2-bed dwellings (2.5 parking spaces, 2 cycle spaces required)
- Option 3: 2 x studio, 1 x 1-bed, 1 x 2-bed dwellings (4.25 parking spaces, 5 cycle spaces required)
- Option 4: 2 x studio, 1 x 1-bed, 2 x 2-bed dwellings (5.5 parking spaces, 7 cycle spaces required)

The existing three-storey development next door could establish a precedent for a potential two- or three-storey rear development. The plot is bounded by walls on three sides, accessed via a driveway to the side of the main property, and is free from Tree Preservation Orders, heritage restrictions, and conservation designations. All services can be accessed via the adopted road. The buyer will be responsible for conducting their own due diligence and development appraisal. The plot is sold unconditionally with no separate apportionment of the purchase price.

Location:
Kingswood is located just 4 miles east of Bristol city centre within South Gloucestershire, combining a suburban small town feel with easy access to Bristol's wider metropolitan area. The area is highly popular with professional renters and benefits from a bustling High Street with independent shops, eateries, and major retailers including Tesco and Sainsbury's. Nearby green spaces include Magpie Bottom and Warmley Forest Park. Kingswood is well-served by public transport with frequent bus services on routes 6, 7 and 43, and rail connections to Bristol Temple Meads in under 10 minutes via the nearby Lawrence Hill station.

Bristol itself is considered the capital of South West England, with a population of around 465,000 and over 1 million people within a 45-minute drive. The city has a diverse and resilient economy spanning aerospace, engineering, financial services, media and a rapidly expanding tech sector, with major employers including Airbus and Rolls-Royce in nearby Filton. Bristol is also home to the University of Bristol and UWE, hosting over 57,000 students combined.
Material Information:

Tenure: Freehold
- Local Authority: South Gloucestershire Council
- Heating: Mains gas central heating with double glazing throughout
- Internet: High speed broadband/WiFi
- Mobile: Coverage for EE, O2, Vodafone and Three
- EPC: D (potential B)
- Council Tax: Band B
- Services: All services understood to be connected


Please refer to the full property particulars for detailed floor plans, photography, development option drawings, and site information.

For further information or to arrange a viewing, please contact Adam Clegg at Keller Williams