4 bedroom house of multiple occupation for sale

Russell Road, Bristol, BS16

Sold STC £240,000

Property Description

Full description

A mid terrace property in good condition, but with potential to raise rents through further improvements which is let to four students for the 2018/19 academic year and with one room rented so far for the 2019/20 academic year. It has been extremely well kept by the current owners who have rented the property to students for a number of years under Purple Frog management (Appropriate licencing and certificates are available) and utilises; Three bedrooms and a bathroom on the firsts floor; One further bedroom and a Living room which open plan to the kitchen; front and generous rear garden.

Financial:

There is a history of 52 week lets here, but the current tenancy averages 50 weeks at £364.62 per week - bills charged additionally which is £18,231 annually based on a 50 week letting season) and offering 7.59% net return. 

Accommodation:

Hall: Radiator, stairs to first floor, meter cupboard and under-stairs open storage area 

Bedroom 1: A double bedroom with : Bed, wardrobe, desk and chair, double glazed window and radiator, stripped wooden floors.

Living Room: Arch opening to the kitchen, with: Sofa, two arm chairs, coffee table, door to rear garden, and radiator

Kitchen: A range of storage units with a stainless steel sink unit, integrated oven and hob (extractor above), fridge, freezer, washing machine, tiling to splash backs. 

First Floor:

Shower Room: A good size shower room with: Shower cubicle, wash-hand basin, WC, obscure double glazed window, tiling to splash backs 

Bedroom 2: A double bedroom with : Bed, wardrobe, desk and chair, double glazed window and radiator.

Bedroom 3: A double bedroom with : Bed, wardrobe, desk and chair, double glazed window and radiator, stripped wooden floors.

Bedroom 4: A double bedroom with : Bed, wardrobe, desk and chair, double glazed window and radiator, stripped wooden floors.

Garden: 

A generous garden, mostly of lawn, but with hard standing areas, perimeter fences and a rear gate which accesses an alleyway which leads to the road.


More information from this agent

Listing History

Added on Rightmove:
15 April 2019

Nearest stations

  • Stapleton Road (1.9 mi)
  • Lawrence Hill (2.0 mi)
  • Montpelier (2.8 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Purple Frog Property Limited, Birmingham

189 Dawlish Road, Bournbrook, Birmingham, B29 7AW

0121 396 0178 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Purple Frog Property Limited, Birmingham

189 Dawlish Road, Bournbrook, Birmingham, B29 7AW

0121 396 0178 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Stapleton Road (1.9 mi)
  • Lawrence Hill (2.0 mi)
  • Montpelier (2.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Purple Frog Property Limited, Birmingham

189 Dawlish Road, Bournbrook, Birmingham, B29 7AW

0121 396 0178 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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