Wood Mead, Bristol

- PROPERTY TYPE
House
- SIZE
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- TENUREDescribes 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
- 17 September LIVE ONLINE AUCTION
- Spacious 6-Bedroom HMO
- Let to students at £53,280 per annum
- Immaculately presented accommodation
- Low-maintenance rear garden and 2 parking spaces
- Superb buy to let investment
- 8-week completion
Description
Viewings - By appointment.
Summary - MODERN 6-BEDROOM HMO - LET AT £53,280 PER ANNUM
Description - An immaculately presented four storey modern townhouse, situated in the ever popular Cheswick Village. The property is arranged as a 6-Bedroom HMO and is let to students producing a superb rental income of £53,280 per annum.
The house has been well-maintained by the current owners and benefits from a modern kitchen/diner, a spacious communal living room with double doors onto the rear garden, six double bedrooms, two modern bathrooms and a cloakroom. Externally the property benefits from a balcony overlooking a green to the front, a low-maintenance garden and two allocated parking spaces to the rear.
There is excellent rental demand from student tenants attending UWE and from professional renters working at many of the nearby major employers including the Ministry of Defence (MOD), Airbus and Rolls Royce.
Location - The property is situated in the popular Cheswick Village development, one of North Bristol’s most sought-after residential neighbourhoods, ideally positioned between Stoke Gifford, Filton and Frenchay. The area is particularly popular with professionals, families and investors due to its excellent connectivity and proximity to major employment hubs including the University of the West of England (UWE), the Ministry of Defence, Airbus, Rolls-Royce and the wider Bristol Business Park and Aztec West business districts.
Residents benefit from a range of local amenities including cafés, convenience stores, parks and walking routes, while larger shopping and leisure facilities can be found nearby at Abbey Wood Retail Park and The Mall at Cribbs Causeway. Bristol Parkway Station is within easy reach, providing fast rail services to Bristol Temple Meads, London and beyond, and the area is exceptionally well connected by the M32, M4 and M5 motorway networks as well as the MetroBus service, making Cheswick Village an ideal location for commuters and those seeking easy access across Bristol and the wider region.
Accommodation - Please refer to floorplan for approximate room measurements and internal layout.
Tenancy Details - The property is let to students at an annual rent of £53,280. Please refer to the auction legal pack for a copy of the tenancy agreement.
Tenure - The property is for sale on a freehold basis, subject to the existing tenancy agreement.
Hmo Licensing & Planning - An HMO licence was granted on 7 November 2024.
A Certificate of Lawfulness for the continued use of the property as a 6 person House in Multiple Occupation (HMO) was approved on 3 December 2024.
HMO licensing regulations and planning requirements are subject to regular changes, updates and even individual interpretations by the Local Authority. Prospective buyers are therefore required to make their own enquiries with the Local Authority and review the documents contained in the auction legal pack fully to satisfy themselves that the property is compliant in this respect. Maggs & Allen accept no liability in the event that any Licensing or Planning requirements/documents are not in order at the point of sale.
Energy Performance Certificate (Epc) - Rating: B
Auction Or Bridging Finance Required? - Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on or email
Buyer's Premium - Please be advised that all purchasers are subject to a £1,900 plus VAT (£2,280 inc VAT) buyer’s premium payable upon exchange of contracts.
*Guide Price - Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Reserve Price - The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Proxy, Telephone & Online Remote Bidding - The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.
Preliminary Deposits - The Preliminary Deposit required for each lot you wish to bid for is £5,000.
If your bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,900 plus VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days.
Brochures
Wood Mead, Bristol- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- 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.
- Ask agent
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About Maggs & Allen, Auction, Commercial & Investment
60 Northumbria Drive, Henleaze, Bristol, BS9 4HW



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Visit our security centre to find out moreDisclaimer - Property reference 34868533. 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 Maggs & Allen, Auction, Commercial & Investment. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Maggs & Allen, Auction, Commercial & Investment on 0117 463 0249.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.




