5 Bed HMO, Bristol, BS34 7AJ, £425,000

Boverton Road, Bristol, BS34 7AJ - 7 days ago

HMO
ROI: 7%
~178 m²
+9 photos

ValuationUndervalued

Sold Prices£250K - £860K
Sold Prices/m²£2.2K/m² - £6.7K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2.4K/m²

Value Estimate

£522,750
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£33,700

Total Cash In

£139,950

 

 

Cash Out

 

Room Rate

£695

Gross Rent

£3,475

Running Costs/mo

£2,670

Cashflow/mo

£805

Cashflow/yr

£9,655

ROI

7%

Gross Yield

10%

Local Sold Prices

38 sold prices from £250K to £860K, average is £502.5K. £2.2K/m² to £6.7K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£426K03/210.79 mi40, Bush Avenue, Little Stoke, Bristol, South Gloucestershire BS34 8LX5
£695K02/210.8 mi4, Broncksea Road, Bristol, South Gloucestershire BS7 0SE5
£460K01/210.92 mi104, Oak Leaze, Patchway, Bristol, South Gloucestershire BS34 5AW5
£572K12/221 mi32, Kenmore Crescent, Bristol, South Gloucestershire BS7 0TL5
£354K12/201.07 mi14, Blandamour Way, Bristol, City Of Bristol BS10 6WE5
£370K06/211.15 mi26, Knighton Road, Bristol, City Of Bristol BS10 5SE5
£400K08/231.23 mi24, Highfields Close, Stoke Gifford, Bristol, South Gloucestershire BS34 8YB5
£472.5K06/211.28 mi19, Grittleton Road, Bristol, City Of Bristol BS7 0XA5
£569.5K12/201.29 mi1, East Fields Road, Stoke Gifford, Bristol, South Gloucestershire BS16 1FQ5
£860K08/221.32 mi10, Sloe Way, Stoke Gifford, Bristol, South Gloucestershire BS34 8AJ5
£422.5K08/211.4 mi102, Bartholomews Square, Horfield, Bristol, City Of Bristol BS7 0QB5
£440K10/231.44 mi3, Brookfield Road, Patchway, Bristol, South Gloucestershire BS34 6NF5
£565K02/231.48 mi17, Oxbarton, Stoke Gifford, Bristol, South Gloucestershire BS34 8RP5
£475K03/211.51 mi92, Simmonds View, Stoke Gifford, Bristol, South Gloucestershire BS34 8HL5
£375K06/211.53 mi73, Cavendish Road, Patchway, Bristol, South Gloucestershire BS34 5HJ5
£750K01/231.58 mi1, The Spinney, Bradley Stoke, Bristol, South Gloucestershire BS32 8ES5
£612.7K01/211.58 mi145, Knole Lane, Bristol, City Of Bristol BS10 6JN5
£543K11/221.71 mi56, The Bluebells, Bradley Stoke, Bristol, South Gloucestershire BS32 8BE5
£605K07/231.72 mi34, Diana Gardens, Bradley Stoke, Bristol, South Gloucestershire BS32 8DD5
£510K04/211.74 mi5, Delvin Road, Bristol, Avon BS10 5EJ5
£552.5K12/221.74 mi36, Applegate, Bristol, City Of Bristol BS10 6QJ5
£250K02/211.76 mi85, Falcon Drive, Patchway, Bristol, South Gloucestershire BS34 5RA5
£250K02/211.76 mi85, Falcon Drive, Patchway, Bristol, South Gloucestershire BS34 5RA5
£585K09/231.78 mi199, Gloucester Road, Patchway, Bristol, South Gloucestershire BS34 6ND5
£575K12/201.78 mi16, Saxon Way, Bradley Stoke, Bristol, South Gloucestershire BS32 9AS5
£485K05/231.81 mi98, Brentry Lane, Bristol, City Of Bristol BS10 6RG5
£430K09/211.82 mi192, Juniper Way, Bradley Stoke, Bristol, South Gloucestershire BS32 0DR5
£480K12/221.82 mi74, Champs Sur Marne, Bradley Stoke, Bristol, South Gloucestershire BS32 9BJ5
£567K03/211.82 mi47, Filton Avenue, Horfield, Bristol, City Of Bristol BS7 0AQ5
£447.5K01/211.83 mi40, Standish Avenue, Patchway, Bristol, South Gloucestershire BS34 6AG5
£780K11/221.83 mi26, Champs Sur Marne, Bradley Stoke, Bristol, South Gloucestershire BS32 9BJ5
£740K03/211.85 mi40, Royal Victoria Park, Bristol, City Of Bristol BS10 6TD5
£725K07/211.86 mi18, Royal Victoria Park, Bristol, City Of Bristol BS10 6TD5
£520K11/201.91 mi15, Wellington Hill West, Bristol, City Of Bristol BS9 4SP5
£428.5K02/211.93 mi461, Gloucester Road, Horfield, Bristol, City Of Bristol BS7 8UA5
£725K10/211.94 mi4, West Broadway, Bristol, City Of Bristol BS9 4TB5
£450K08/211.99 mi25, Brackendene, Bradley Stoke, Bristol, South Gloucestershire BS32 9DJ5
£495K06/231.99 mi130, Muller Road, Horfield, Bristol, City Of Bristol BS7 9RE5

Local Area Statistics

Population in BS34

29,893

Population in Bristol

795,432

Town centre distance

3 miles away

Nearest school

0.20 miles away

Nearest train station

0.60 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £425,000

March 30, 2025

Floor Plans

Description

  • Chain Free +
  • Detached Studio/Garage +
  • Active HMO license +
  • Rental yield - (9.81%) +
  • Annual rental income - £41,700. +
  • Currently arranged as 5 bedroom HMO +
  • EPC - (C) - 73 +
  • Ample off-street parking +
  • Viewings commence - Saturday 5th April +

Offered to market with no onward chain, this well-proportioned 1960's house has been arranged as a 5 bedroom HMO bringing in annual income of £41,700 at a yield just shy of 10%. The property offers flexible accommodation and would also make a wonderful home for the growing family.

The property offers a welcoming approach, set back from the road, with large paved driveway leading to the entrance porch.
Once inside, you are greeted with an inviting hallway that provides access into the open plan kitchen breakfast room, measuring (18'3 x 8'3 ft.), offering more than enough space to cook dine and entertain. Located just off the kitchen breakfast room, you will find a sun room/dining room that provides access into the rear garden.
On the ground floor you will find two large double bedrooms, with the bay fronted bedroom 4 that would also make a wonderful living room for those looking for a family home. Bedroom is also a great size benefits from an en-suite shower room.

On the first floor you will 3 well-proportioned bedrooms, with the bay fronted bedroom 3 measuring a generous (13'7 x 11'10 ft.) and bedroom also benefiting from an en-suite shower room. Finally, the first floor has a family bathroom, comprising bath tub with shower overhead, wash hand basin and low level WC as well as providing acccess to the loft space which has been both boarded and insulated.

Outside the property enjoys a private South Easterly facing private courtyard garden laid to patio, as well as detached studio and garage.

The home is perfectly located close to the green open spaces of Elm Park and Millennium Green. Elm Park 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. The property offers easy access to Gloucester road and Cribbs Causeway with all its bars, restaurants and amenities whilst remaining in close proximity to major employers such as Southmead hospital, Airbus and the MoD. This side of Bristol also offers residents access to the countryside of South Gloucestershire as well as the M4 and M5 motorways.

Agent Details

The Property Experts, London

020 3906 1702

Next Steps?

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