Guide price
£375,000
5 bed semi-detached house for saleStation Road, Filton, Bristol BS34
5 beds
1 bath
1 reception
EPC Rating: C
- Freehold
Ocean - Filton
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About this property
HMO licensed
Five double bedrooms
Sold with tenants-in-situ
Potential annual yield of 10%
Multiple off street parking
EPC: D
Wheelchair accessible
A five bedroom HMO positioned off of Station Road in Filton, currently let to a group of tenants that are due to vacate early July.
**Overview**
Due to its proximity to uwe and major employers the rental potential of this home is superb. The current tenancy ends August '23 and after this period any potential investment buyer can significantly improve the yield. At present the tenants are being charged £2350.00 excluding bills, significantly below market value. The current yield at £375,000 is 7.52%. At a purchase price of £375,000 and rent per room at £625.00 per calendar month an annual gross return reaches 10%. All bedrooms accommodate a double bed and there is ample living/dining and kitchen space available. The garden is concrete and requires no maintenance. To the front there is off street parking for two cars. Overall updating is required but it is presented to an adequate standard.
**Location**
Located just off the A38/Gloucester Road which runs directly into Bristol city centre. The property is perfectly located close to Cribbs causeway with its vast range of shops and restaurants whilst remaining in close proximity to major employers such as Southmead Hospital, Airbus, the MoD and uwe. The new ytl arena which is scheduled to be built on the Brabazon hangars at the former Filton airfield is also a short walk away, the area is expected to undergo vast development over the coming years which can only be seen as a positive sign for the community. The property is also perfectly located close to the green open spaces of Elm Park which is hugely popular with families in the area and boasts an impressive recreational park and swimming pool. Local residents can also enjoy Filton community garden with its array of greenery and peaceful seating area. Abbey Wood Station is just a short walk away, whilst Parkway Station is a further 10 minute walk away and has a direct link to London within 1hr20mins.
**Material information (provided by owner)**
Material information (Provided by the owner): Freehold and council tax band is B.
Living Room (167.00 in x 112.00 in (13'11" x 9'4"))
Kitchen (82.00 in x 201.00 in (6'10" x 16'9"))
Bedroom One (144.00 in x 136.00 in (12'0" x 11'4"))
Bedroom Two (121.00 in x 94.00 in (10'1" x 7'10"))
Bedroom Three (144.00 in x 100.00 in (12'0" x 8'4"))
Bedroom Four (168.00 in x 138.00 in (14'0" x 11'6"))
Bedroom Five (92.00 in x 109.00 in (7'8" x 9'1"))
Bathroom (125.00 in x 71.00 in (10'5" x 5'11"))
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