6 Bed HMO, Bristol, BS5 6QE, £400,000

Gloucester Street, Eastville, Bristol, BS5 6QE - 4 views - 14 days ago

HMO
ROI: 13%
~186 m²
+10 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£128,700

 

 

Cash Out

 

Room Rate

£702

Gross Rent

£4,212

Running Costs/mo

£2,832

Cashflow/mo

£1,380

Cashflow/yr

£16,564

ROI

13%

Gross Yield

13%













Property History

Listed for £400,000

March 13, 2025

Floor Plans

Description

  • No onward chain +
  • Six bedrooms +
  • Convenient location +
  • Two bathrooms +

NO ONWARD CHAIN

A great opportunity for investment, this property could look to obtain an approximate 10.8% yield, benefits from an HMO Licence and is offered with vacant possession. Alternatively, this spacious home could be a great option for a growing family.

The property accommodation is well presented and comprises of three bedrooms downstairs, as well as one of the bathrooms. The communal kitchen living area provides access to the low maintenance rear garden. Upstairs, there are the further three bedrooms, space for washing machine and dryer and the main bathroom with 1700mm walk in shower.

Gloucester Street is a popular location in the heart of Eastville and just a stone's throw away from the popular Eastville Park. This highly desirable location provides quick and easy access to Bristol City Centre via local bus routes and the nearby M32 motorway. It is also within easy reach of a range of local amenities on the nearby Fishponds High Street and Eastgate Retail Park.

Agent Details

Taylors Estate Agents, Fishponds

0117 463 8633

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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