4 Bed HMO, Bristol, BS7 0NQ, £450,000

4 Montreal Avenue, Horfield, Bristol, BS7 0NQ - 2 views - a month ago

Leasehold
HMO
ROI: 2%
~129 m²
+11 photos

ValuationUndervalued

Sold Prices£251K - £745K
Sold Prices/m²£3K/m² - £5.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.5K/m²

Value Estimate

£505,264
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£35,700

Total Cash In

£148,200

 

 

Cash Out

 

Room Rate

£700

Gross Rent

£2,800

Running Costs/mo

£2,523

Cashflow/mo

£277

Cashflow/yr

£3,326

ROI

2%

Gross Yield

7%

Local Sold Prices

50 sold prices from £251K to £745K, average is £490.6K. £3K/m² to £5.4K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£442K01/210.11 mi76, Toronto Road, Bristol, City Of Bristol BS7 0JT4
£400K06/210.22 mi29, Montreal Avenue, Bristol, City Of Bristol BS7 0NB4
£450K06/230.28 mi41, Sandling Avenue, Bristol, City Of Bristol BS7 0HS4
£431K01/210.29 mi29, Doone Road, Bristol, City Of Bristol BS7 0JQ4
£542.5K01/230.32 mi9, Doone Road, Bristol, City Of Bristol BS7 0JQ4
£335K06/210.33 mi208, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0AZ4
£405K03/210.39 mi12, Oakley Road, Bristol, City Of Bristol BS7 0HR4
£450K12/220.4 mi129, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB4
£485K12/200.46 mi2, Latton Road, Bristol, City Of Bristol BS7 0UX4
£525.5K05/230.47 mi19, Braemar Avenue, Bristol, South Gloucestershire BS7 0TA4
£575K05/210.49 mi14, Pitlochry Close, Bristol, City Of Bristol BS7 0TU4
£575K05/210.49 mi14, Pitlochry Close, Bristol, City Of Bristol BS7 0TU4
£575K03/210.5 mi14, Long Wood Road, Bristol, South Gloucestershire BS16 1FD4
£491.3K12/200.51 mi63, Filton Grove, Bristol, City Of Bristol BS7 0AW4
£297.5K09/210.52 mi23, Berry Lane, Bristol, City Of Bristol BS7 9SA4
£745K11/220.53 mi24, Pitlochry Close, Bristol, City Of Bristol BS7 0TU4
£440K02/210.54 mi25, Lyddington Road, Bristol, City Of Bristol BS7 0UU4
£705K07/230.54 mi1, Pitlochry Close, Bristol, City Of Bristol BS7 0TU4
£478K05/210.54 mi5, The Wicketts, Bristol, South Gloucestershire BS7 0SR4
£495K10/210.55 mi4, Bayswater Road, Bristol, City Of Bristol BS7 0BN4
£600K05/230.55 mi12, Bayswater Road, Bristol, City Of Bristol BS7 0BN4
£506K08/210.55 mi35, Highbury Road, Horfield, Bristol, City Of Bristol BS7 0DA4
£370K04/210.55 mi38, Braemar Avenue, Bristol, South Gloucestershire BS7 0TE4
£416K11/220.56 mi20, Mortimer Road, Filton, Bristol, South Gloucestershire BS34 7LF4
£600K03/230.62 mi73, Kenmore Crescent, Bristol, South Gloucestershire BS7 0TP4
£485K01/210.63 mi12, Court Road, Horfield, Bristol, City Of Bristol BS7 0BT4
£560K12/220.65 mi12, Parkstone Avenue, Bristol, City Of Bristol BS7 0BY4
£490K01/210.68 mi15, Kenmore Crescent, Bristol, South Gloucestershire BS7 0TH4
£480K02/210.69 mi42, Kenmore Crescent, Bristol, South Gloucestershire BS7 0TL4
£550K02/210.7 mi30, Muller Road, Horfield, Bristol, City Of Bristol BS7 9RG4
£500K03/210.7 mi18, Baily Place, Bristol, City Of Bristol BS16 1BG4
£435K02/210.71 mi640, Southmead Road, Filton, Bristol, South Gloucestershire BS34 7RE4
£370K08/210.71 mi217, Dovercourt Road, Bristol, City Of Bristol BS7 9SF4
£577K07/230.72 mi1, Kenmore Drive, Bristol, South Gloucestershire BS7 0TS4
£538K06/210.72 mi1a, Beaufort Road, Horfield, Bristol, City Of Bristol BS7 0AH4
£350K11/200.73 mi45, Mackie Avenue, Bristol, South Gloucestershire BS34 7NE4
£538K06/210.73 mi1a, Beaufort Road, Horfield, Bristol, City Of Bristol BS7 0AH4
£440K12/200.75 miConcorde House, 36, Trubshaw Close, Horfield, Bristol, City Of Bristol BS7 0AD4
£410K03/210.75 mi16, Trubshaw Close, Horfield, Bristol, City Of Bristol BS7 0AD4
£450K06/210.81 mi7, Wellington Crescent, Bristol, City Of Bristol BS7 8SZ4
£542K03/210.87 mi46, Wellington Hill, Bristol, City Of Bristol BS7 8SR4
£251K02/210.91 mi32, Pen Park Road, Bristol, City Of Bristol BS10 5ST4
£251K02/210.91 mi32, Pen Park Road, Bristol, City Of Bristol BS10 5ST4
£600K06/210.91 mi7, Churchways Avenue, Bristol, City Of Bristol BS7 8SN4
£595K04/210.92 mi19, Churchways Avenue, Bristol, City Of Bristol BS7 8SN4
£570K12/200.93 mi14, Rudthorpe Road, Bristol, City Of Bristol BS7 9QG4
£575K12/200.93 mi17, Rudthorpe Road, Bristol, City Of Bristol BS7 9QG4
£565K01/210.93 mi22, Rudthorpe Road, Bristol, City Of Bristol BS7 9QG4
£572K05/230.94 mi32, Brent Road, Bristol, City Of Bristol BS7 9QZ4
£450K10/220.95 mi46, Kingsholm Road, Southmead, Bristol, City Of Bristol BS10 5LH4

Local Area Statistics

Population in BS7

40,530

Population in Bristol

795,432

Town centre distance

1.94 miles away

Nearest school

0.20 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-19%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Price changed to £450,000

April 6, 2025

Listed for £470,000

March 14, 2025

Floor Plans

Description

  • Modern Open-Plan Kitchen +
  • Energy-Efficient Design +
  • Garage +
  • Private parking courtyard with allocated space +
  • Close proximity to vibrant Gloucester Road and good connections to central Bristol and Filton +
  • No chain +
  • 4 bedrooms +
  • Juliette balconies looking on to the southern facing rear garden. +
  • HMO Licence +
  • 4 bathrooms +

For Sale - Montreal Avenue, Horfield, Bristol, BS7 0NQ

4 Bedrooms, 4 Bathrooms, 1 Reception Room

Offers in the Region of: £470,000

This property is available for purchase as either a family home or an investment opportunity.

Property Overview

Discover this spacious 3-storey end-terrace townhouse in Horfield.

Boasting excellent connectivity to central Bristol and Filton, this property offers a versatile layout tailored for family living. The ground floor features a generous kitchen diner, a bathroom and bedroom which has the flexibility to be used as a personal, home office.

On the first floor, you’ll find a bright double bedroom with en suite shower room and a separate living room overlooking the rear garden, while the second floor has two double bedrooms, one with en suite shower room and a separate family bathroom.

Outside, the property has a good sized southern facing rear garden, together with garage and parking in a private gated courtyard, which can be accessed from the garden.

Situated in Horfield, families will appreciate the proximity to reputable schools nearby, a variety of community amenities, and a short walk to Gloucester Road, offering an array of independent shops, cafes, and superb transport links.

Ground Floor

Entrance Hall: Welcoming entrance hall leading into the heart of the home.

Kitchen/Dining Room: 15' x 10'4" (4.6m x 3.1m) – A generously sized area, perfect for family meals or entertaining. A half-glazed double-glazed door leads directly to the rear garden, bringing in natural light.

Bedroom 1: 10'5" x 8'8" (3.2m x 2.7m) – A well-proportioned room with neutral decor. This room is currently used as a bedroom but could also be used as an additional reception room or personal office.

Shower Room/Cloakroom: Conveniently located downstairs toilet, wash basin & shower.

Storage: Large understairs storage cupboard and an additional cupboard in the hall.

First Floor

Lounge: 15' x 10'6" (4.6m x 3.2m) – A spacious bright room with two sets of French doors with Juliette balconies looking on to the rear garden. Fireplace with living flame, electric fire.

Bedroom 2: 13'5" x 10'5" (4.1m x 3.2m) – A large bright room with built in wardrobes, two windows and benefits from an;

En Suite: Shower room with toilet and wash basin.

Second Floor

Bedroom 3: 15' x 10'6" (4.6m x 3.2m) – Spacious, bright double bedroom with built in wardrobe, two windows overlooking the rear garden and also benefits from an;

En Suite: shower room with toilet and wash basin.

Bedroom 4: 13'1" x 10'5" (4.0m x 3.2m) – A spacious, bright room with large cupboard housing the hot water tank and space for additional storage. This room also benefits from and is adjacent to the separate;

Family Bathroom: Complete with bath, with mixer tap and shower.

External

Rear Garden: Rear Garden: A southerly facing, low-maintenance garden with decking and lawn.

Parking Courtyard: In addition to parking available at the front, the property benefits from private, gated parking at the rear which is adjacent to and accessed from the garden via a gate.

Garage: Easily accessed via the rear garden or from the courtyard. The good sized garage offers parking for a vehicle or an extra storage solution.

Investment Details

Current Use

The property is currently let on a 12 month Assured Shorthold Tenancy Agreement to UWE students. The tenancy ends on 1 August 2025. The owner has kept the property's configuration as a residential home and has maintained it to an exceptional standard enabling its use as family home with no further work or change of use required.

Summary of Accommodation

As a student property, this property can accommodate four double bedrooms, two en suite shower rooms, a separate shower room and separate bathroom, kitchen diner, large lounge and garden. The bedroom located on the ground floor could be easily used as an office or additional reception room.

Due to its excellent location near Gloucester Road and commutability to UWE and central Bristol, the property is highly attractive to prospective tenants and is fully let as a student HMO with contracts ending 1st August 2025.

Rental income: Currently fully let @ £33,600 per annum.

Yield: Gross Yield/ARY - 7.15%

Management: The property is managed by the owner and any information in respect to running costs is available on request.

Planning and Licencing: The property benefits from a C3 use class (residential dwelling house) and has a Bristol City HMO Licence.

Vacant Possession: To be sold with Vacant Possession with the current tenancy ending 1st August 2025. No Chain.

Technical Details:

Total Floor Area: 1259 sq.ft (117 sq m)
- Freehold Title with long leasehold on adjoining garage
- Garage: Access via Private Parking Courtyard - 976-year leasehold
- EPC Rating: C - Scope to improve to B
- Council Tax Band: C
- Mains gas central heating
- Double glazing throughout

Arrange a viewing today to experience all that this lovely family home has to offer!
Council tax band: C

Agent Details

Keller Williams Oxygen, Maidenhead

020 3835 2573

Next Steps?

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