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House For Sale £425,000
Oakley Road, Horfield, Bristol BS7


Description
A six bedroom HMO on the popular Oakley Road, offered to market with tenants signed up for the 2022/23 academic year, achieving a gross yearly return of £32,600 per year, excluding bills . At the current guide price a gross yield of 7.7% is guaranteed for the next tenancy, ending on 30th June 2023.

With good sized rooms, a pleasant garden and plenty of living space 9 Oakley Road is a perfect investment property, for a landlord with a strong portfolio or looking to begin their buy to let venture.

Material information (Provided by the owner): Freehold and council tax band is C.

You enter into the hallway with bedroom one to your immediate left, the large living area then follows which has the kitchen off of it at the rear, there is a shower room at the rear of the hallway as well. On the first floor there are three further bedrooms and a bathroom with two more double bedrooms found on the second floor. To the rear is the garden, with lawn and rear parking area. At the front is a low maintenance paved garden with potential to be converted to an off street parking space.

Oakley road is a residential road in Horfield just off the popular Gloucester Road which runs directly into Bristol City Centre. The area is made up of mostly 1930's style properties, which are extremely popular with families looking to move to the area. The green open spaces of Horfield Common and Horfield leisure centre are also nearby. This side of Bristol also offers residents access to the countryside of South Gloucestershire as well as the M4 and M5 motorways.

Kitchen (3.41m max x 2.62m max (11'2" max x 8'7" max))

Living/Dining Room (7.47m max x 3.27m max (24'6" max x 10'9" max))

Bedroom 1 (4.73m max x 3.29m max (15'6" max x 10'10" max))

Bedroom 2 (3.85m max x 3.36m max (12'8" max x 11'0" max))

Bedroom 3 (4.1m max x 2.42m max (13'5" max x 7'11" max))

Bedroom 4 (2.9m max x 2.77m max (9'6" max x 9'1" max))

Bedroom 5 (5.19m max x 2.69m max (17'0" max x 8'10" max))

Bedroom 6 (3.3m max x 2.69m max (10'10" max x 8'10" max))

Shower Room (2.42m max x 1.81m max (7'11" max x 5'11" max))

Bathroom (2.8m max x 1.71m max (9'2" max x 5'7" max))

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