*Guide | £240,000 (plus fees)
- Bungalow
- 7 Bedrooms
- Tenure: Freehold
Call the team on 0117 299 9889 for more information
Seven Bedroom HMO
A seven bedroom detached property situated in Knowle, Bristol. The accommodation to the ground floor comprises an entrance hall, four bedrooms, kitchen and a bathroom. The accommodation to the first floor has three further bedrooms, four shower rooms and a kitchen. Now vacant, the property previously generated a rental income of £3,100 per month and £37,200 per year. This offers a potential yield of 15.5% based on the guide price. The HMO licence was granted on the 19/04/2022 and expires on 18/04/2027.
Tenure
Freehold
AUCTIONEERS NOTE
HMO DETAILS: Now vacant, the property previously generated a rental income of £3,100 per month and £37,200 per year. This offers a potential yield of 15.5% based on the guide price. The HMO licence was granted on the 19/04/2022 and expires on 18/04/2027.
AUCTIONEERS NOTE
The property's layout offers the potential to create two self-contained flats, subject to obtaining the necessary planning permissions and consents.
ACCOMMODATION
Entrance Hall: Bedroom One: 4'31m x 3'41m Bedroom Two: 4'03m x 3'32m Bedroom Three: 4'08m x 3'20m Bedroom Four: 3'69m x 3'06m Kitchen: 2'95m x 2'46m Bathroom: 2'04m x 1'54m Landing Bedroom Five: 5'34m x 3'03m Bedroom Six: 3'11m x 3'05m Bedroom Seven: 3'52m x 3'40m Shower Room: 2'38m x 1'10m Shower Room: 2'17m x 1'10m Shower Room: 2'02m x 1'10m Kitchen Two: 5'34m x 1'03m Shower Room: 2'10m x 1'14m
VIEWINGS
Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing.
FULL DETAILS
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.
NOTICE TO BIDDER
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.
Energy Efficiency Rating (EPC)
Current Rating D66
Local Authority
Bristol City Council
Solicitors
Devall Law, Ref: Helen Devall, Tel: 01489 579 804
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
