House For Sale £375,000
This is an opportunity to purchase an HMO property in Bristol generating £26,400 rent pa & a gross yield of 7%.
Property information:
- HMO licence not required for 4 occupants
- Large kitchen with dining table
- Separate living room
- Conservatory
- Large rear garden
- A new boiler was installed in 2021
- The property is also fitted with wired fire alarms on all 3 floors and fire doors
- There is off-street parking for 3 cars plus a garage
- EPC rating D
- Council tax band C
Rental information:
- Room 1 - £550 pcm
- Room 2 - £550 pcm
- Room 3 - £550 pcm
- Room 4 - £550 pcm
- Monthly rental income: £2,200
- Annual rental income: £26,400
Running costs:
The vendor provided us with the following running costs of the property:
- Gas & electricity: £212 pcm
- Council tax: £145.80 pcm
- Virgin media (TV, broadband): £37.25 pcm
- Water: £69.50 pcm
- TV licence: £37 pcm
- Total cost pcm: £501.55
- Total cost pa: £6,018.60
Location information:
- The property is located within the Kingswood area of Bristol
- Bristol city centre is just over 4 miles from the property
- The local amenities are centered around the A420 which can be reached in 10 minutes on foot
- Easy access to the local road network including the A420 and A4174
Property information:
- HMO licence not required for 4 occupants
- Large kitchen with dining table
- Separate living room
- Conservatory
- Large rear garden
- A new boiler was installed in 2021
- The property is also fitted with wired fire alarms on all 3 floors and fire doors
- There is off-street parking for 3 cars plus a garage
- EPC rating D
- Council tax band C
Rental information:
- Room 1 - £550 pcm
- Room 2 - £550 pcm
- Room 3 - £550 pcm
- Room 4 - £550 pcm
- Monthly rental income: £2,200
- Annual rental income: £26,400
Running costs:
The vendor provided us with the following running costs of the property:
- Gas & electricity: £212 pcm
- Council tax: £145.80 pcm
- Virgin media (TV, broadband): £37.25 pcm
- Water: £69.50 pcm
- TV licence: £37 pcm
- Total cost pcm: £501.55
- Total cost pa: £6,018.60
Location information:
- The property is located within the Kingswood area of Bristol
- Bristol city centre is just over 4 miles from the property
- The local amenities are centered around the A420 which can be reached in 10 minutes on foot
- Easy access to the local road network including the A420 and A4174
