Tormarton Crescent, Henbury, Bristol, Bristol City
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
3
- SIZE
Ask agent
- 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
- £53,100 Annual Rental Income
- 11.8% Gross Yield
- Diversified Income Stream
- Freehold Asset
- Separate Garden Studio
- Established Letting History
Description
Pure Investor is delighted to present this substantial freehold investment opportunity in Bristol, offering a diversified income stream from a six-bedroom accommodation arrangement, including four individually let rooms, a self-contained top-floor flat and a separate garden studio.
Producing a quoted rental income of £4,425 PCM (£53,100 per annum), the property generates an attractive indicative gross yield of 11.8% at the asking price of £450,000, with an indicative net yield of 9.56% after the seller's specified outgoings.
The property extends to approximately 1,464 sq ft and benefits from six bedrooms, three bathrooms, a separate garden studio, off-street parking and a generous rear garden. The seller reports a strong letting history with no arrears and a tenant profile including healthcare, technology and logistics professionals.
Further benefits include freehold tenure, a loft conversion completed in 2002, a garden studio completed in 2018, EPC ratings of C and D, and a location stated to be outside an Article 4 direction area. The previous HMO licence renewal process is currently underway, with buyers advised to undertake their own due diligence.
This is an ideal opportunity for investors seeking a high-yielding Bristol asset with multiple income streams and future rental growth potential.
- 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.
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- 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.
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Energy performance certificate - ask agent
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Visit our security centre to find out moreDisclaimer - Property reference tormarton-cres. 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 Pure, Manchester. 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.
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