- Investment Opportunity +
- HMO Licence +
- Article 4 Area +
- Sui Generis Planning for 7 person HMO +
- Parking for 3 Cars +
- Scope for further intensification and rental income increases +
INVESTMENT OPPORTUNITY
7 BED HMO FOR SALE
Bridgman Grove, Filton, Bristol, South Glos.
7 bed, 2 bath, 1 reception
ASKING PRICE: £550,000
SUMMARY OF ACCOMODATION
Licenced 7 bed HMO in central Filton, Bristol, South Glos. The property is in an Article 4 Area and provides 7 bedrooms, 2 bathrooms (being shower rooms with toilets), kitchen-diner/living area and all facilities required for use as a large HMO. The property is fully let to students for the 24/25 academic year and receives strong rental demand.
Please contact the agent to arrange a viewing.
External Areas: Private parking is available by way of a drive at the front of the property with space for approx. 3 cars. Additionally, there is well maintained private garden to the rear of the property.
LOCATION
Filton, 5 miles North of Bristol, is a key employment hub hosting major aerospace companies and the University of the West of England student campus. It features strong infrastructure including The Mall at Cribbs Causeway and Filton Abbey Wood station with easy access to Bristol centre.
RENTAL INCOME
£54,600 pa or £650 per room pcm (inclusive of bills, excluding Council Tax due to student exemption)
MONTHLY BILLS: The Landlord has indicated direct costs such as electricity, gas, TV Licence, Broadband etc average c.£400 pcm. Additional information on outgoings are available on request.
MANAGEMENT: The property is currently managed and let by external agents.
ASKING PRICE: Offers invited above £550,000
YIELD: 10% (Gross/ARY)
PLANNING AND LICENCING: HMO Licence and Planning Permission for Sui Generis HMO Approved 2019 - Reference No: PT18/1702/F
VIEWINGS: Due to tenants being in-situ, viewings will only be granted to proceedable investors. Therefore, parties wishing to view the property are required to provide I.D. and Proof of Funds in line with AML regulations.
Material Information
Tenure: Freehold
Local Authority: South Gloucestershire Council
HMO Licence: Yes - 7 Occupiers
Planning: Sui Generis Planning Permission in Place for 7 bed HMO
Article 4 Area: Yes
EPC: C - Scope to improve to B
Council Tax Band: Band B
Services: We understand all services to be connected
Heating: Mains Gas Central Heating and Double Glazing throughout
Internet: High Speed Broadband / Wifi Mobile
Phone: Coverage for EE, 02, Vodaphone and Three Covenant:
Historic Covenant to remain dwelling house - Not relevant for current use
Filton & Bristol: An Economic Powerhouse
Filton is a key northern district of Bristol, forming an integral part of this major city, the capital of South West England, located approximately 120 miles west of London and 45 miles east of Cardiff. Bristol’s population stands at around 465,000, with over 1 million people within a 45-minute drive.
Filton benefits from Bristol’s academic resources, including the University of Bristol and the University of the West of England (UWE), which together accommodate over 57,000 students.
The University of the West of England (UWE) is expanding its Frenchay Campus in Filton, near 806 Filton Avenue, with significant developments to its infrastructure. Originally spanning 80 acres (32 hectares) since its opening in 1975, the campus grew by an additional 70 acres (28 hectares) in 2008 through the acquisition of adjacent Hewlett-Packard land, bringing its total size to 150 acres (60 hectares). Recent investments include a £200 million, 10,000-square-meter Engineering Building completed in 2020, supporting over 1,600 students in advanced engineering and technology disciplines. These enhancements, accommodating UWE’s 30,000+ students, drive demand for nearby student HMOs like this property within Bristol.
Filton features a strong economy, with prominent employers such as Airbus and Rolls-Royce generating employment and innovation within Filton. Filton is supported by efficient transport connections to Bristol like Filton Abbey Wood station, which integrate it with the wider city.
Within 6 miles of Filton and North Bristol, major employers include Airbus, Rolls-Royce, GKN Aerospace, BAE Systems, MOD Abbey Wood (14,000 employees), NHS Trust Southmead Hospital, Royal Mail Bristol Mail Centre, and Amazon’s Severn Beach Distribution Centre, reinforcing the area’s economic significance within Bristol.
Filton aligns with Bristol’s cultural profile—designated European Green Capital in 2015 and shortlisted for UK City of Culture 2025—attracting students and young professionals. This, combined with Filton’s economic stability and access to Bristol’s expanding tech and financial sectors, positions it as a strategic location for HMO investment within the city.