House For Sale £1,000,000
Oliver Mews House represents a unique opportunity to own a characterful property in a highly desirable location on the edge of Durdham Downs. It’s spacious at over 2400 sq/ft and offers versatile accommodation suitable for ongoing use as a highly successful professional let shared house (HMO) or for private ownership as an individual home.
Tucked away behind the unassuming original Victorian Coach House façade the house was refurbished and converted into a stand alone dwelling approximately 20 years ago by a renowned local builder for his own use. As such it has a great design and is effectively an upside-down house arrangement.
The front door opens into a double height hall with stairs rising to the upper floor with study/home office area currently utilizing the large landing space. The upper floor contains a mix of living space and bedrooms arranged around a central courtyard garden area. The main living room combines kitchen, dining and lounge area. At 33ft long it's an impressive open space. The other side currently provides three good sized double bedrooms. They could remain like this or two of the rooms could be taken out to create an additional large living space opening onto the garden. The garden itself offers a high degree of privacy and is incredibly sunny. At circa 285 sq/ft it provides plenty of space for dining table and garden furniture
The ground floor effectively provides additional bedrooms and bathrooms. Planning permission is in place and works are in progress to convert the existing garage into an additional bedroom with en suite bathroom provision. This will provide three further good sized bedrooms, all having en suite shower rooms on the ground floor. An additional bathroom, shower room and separate WC service the upstairs rooms. A utility room, store room and bin store will also be provided.
The existing HMO licence is in place for 5 occupants with recent rental income amounting to £45,360 per annum. With planning granted for a six bed HMO the licence will have to be updated. Anticipated rental income increasing to around £54,000 per annum (based upon £750 per room per month).
Please note the left-hand garage does not form part of the property. It is held on a long lease by the house behind.
13b Rockleaze Planning
Tucked away behind the unassuming original Victorian Coach House façade the house was refurbished and converted into a stand alone dwelling approximately 20 years ago by a renowned local builder for his own use. As such it has a great design and is effectively an upside-down house arrangement.
The front door opens into a double height hall with stairs rising to the upper floor with study/home office area currently utilizing the large landing space. The upper floor contains a mix of living space and bedrooms arranged around a central courtyard garden area. The main living room combines kitchen, dining and lounge area. At 33ft long it's an impressive open space. The other side currently provides three good sized double bedrooms. They could remain like this or two of the rooms could be taken out to create an additional large living space opening onto the garden. The garden itself offers a high degree of privacy and is incredibly sunny. At circa 285 sq/ft it provides plenty of space for dining table and garden furniture
The ground floor effectively provides additional bedrooms and bathrooms. Planning permission is in place and works are in progress to convert the existing garage into an additional bedroom with en suite bathroom provision. This will provide three further good sized bedrooms, all having en suite shower rooms on the ground floor. An additional bathroom, shower room and separate WC service the upstairs rooms. A utility room, store room and bin store will also be provided.
The existing HMO licence is in place for 5 occupants with recent rental income amounting to £45,360 per annum. With planning granted for a six bed HMO the licence will have to be updated. Anticipated rental income increasing to around £54,000 per annum (based upon £750 per room per month).
Please note the left-hand garage does not form part of the property. It is held on a long lease by the house behind.
13b Rockleaze Planning
