A substantial period townhouse situated in a superb city centre location currently with C4 planning consent as a House of Multiple Occupancy. Currently let on an assured shorthold tenancy until 30th June 2026 to 5 students yielding a gross income of £3,750 a month. EPC rating C
Description
A well-presented student-let HMO generating an annual gross income of £45,000. The property is arranged over three floors, with the added benefit of a basement. The ground floor features a spacious living room, comfortably accommodating five students, along with a fitted kitchen and one bedroom. On the first floor, there are two double bedrooms, a bathroom, and a separate shower room. The top floor offers two further double bedrooms, providing generous accommodation throughout. The basement provides useful additional storage space and currently houses an extra freezer. Outside, there is a small courtyard to the rear where there is also an old outhouse which currently houses a washing machine and tumble/dryer. The property benefits from uPVC double glazing and gas central heating throughout. As mentioned the property has C4 planning permission granted and it also has an HMO licence. An HMO licence is granted to the landlord and not the property itself, so any new buyer/landlord would need to apply for an HMO licence.
Location
The property is situated close to the city centre on the borders of Clifton and Clifton Wood. Ideally positioned for access to Bristol University, the Bristol Royal Infirmary, the Harbourside, Cabot Tower and Brandon Hill with its acres of open parkland are all nearby, making this a fantastic student home.
Material Information
The property is held on a 1000 year lease from 29 September 1868 with a peppercorn ground rent. Council tax Band D which for the current year 2025/2026 is £2,583.89