4 Bed HMO, Bristol, BS34 7AX, £375,000

Blenheim Drive, Bristol, BS34 7AX - 2 views - 7 days ago

HMO
ROI: 5%
~129 m²
+7 photos

ValuationUndervalued

Sold Prices£280K - £817.5K
Sold Prices/m²£2.1K/m² - £5.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.9K/m²

Value Estimate

£465,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£28,700

Total Cash In

£122,450

 

 

Cash Out

 

Room Rate

£695

Gross Rent

£2,780

Running Costs/mo

£2,261

Cashflow/mo

£519

Cashflow/yr

£6,232

ROI

5%

Gross Yield

9%

Local Sold Prices

50 sold prices from £280K to £817.5K, average is £435.5K. £2.1K/m² to £5.7K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£280K06/230.07 mi882, Filton Avenue, Filton, Bristol, South Gloucestershire BS34 7AY4
£485K06/230.24 mi48, Conygre Road, Filton, Bristol, South Gloucestershire BS34 7DB4
£350K11/200.6 mi45, Mackie Avenue, Bristol, South Gloucestershire BS34 7NE4
£430K12/200.8 mi122, New Road, Stoke Gifford, Bristol, South Gloucestershire BS34 8TF4
£465K06/210.8 mi114, New Road, Stoke Gifford, Bristol, South Gloucestershire BS34 8TF4
£530K02/230.81 mi124, New Road, Stoke Gifford, Bristol, South Gloucestershire BS34 8TF4
£416K11/220.83 mi20, Mortimer Road, Filton, Bristol, South Gloucestershire BS34 7LF4
£314.9K05/210.84 mi25, Grange Avenue, Little Stoke, Bristol, South Gloucestershire BS34 6JY4
£423K06/210.84 mi160, New Road, Stoke Gifford, Bristol, South Gloucestershire BS34 8TG4
£478K05/210.86 mi5, The Wicketts, Bristol, South Gloucestershire BS7 0SR4
£367K04/230.89 mi3, Chevening Close, Stoke Gifford, Bristol, South Gloucestershire BS34 8NJ4
£499.9K08/230.92 mi9, Rams Leaze, Patchway, Bristol, South Gloucestershire BS34 5BL4
£425K12/220.93 mi8, Buckleys Road, Patchway, Bristol, South Gloucestershire BS34 5BJ4
£330K12/200.96 mi87, Gloucester Road, Patchway, Bristol, Avon BS34 5JQ4
£435K02/210.97 mi640, Southmead Road, Filton, Bristol, South Gloucestershire BS34 7RE4
£495K09/220.97 mi22, Chessel Drive, Patchway, Bristol, South Gloucestershire BS34 5BH4
£455K03/211 mi19, Redfield Road, Patchway, Bristol, South Gloucestershire BS34 6PJ4
£396K03/211 mi3, Stream Close, Bristol, City Of Bristol BS10 6LL4
£560K11/221.01 mi24, Elming Down Close, Bradley Stoke, Bristol, South Gloucestershire BS32 8AQ4
£330K06/211.01 mi49, Callicroft Road, Patchway, Bristol, South Gloucestershire BS34 5BU4
£525.5K05/231.01 mi19, Braemar Avenue, Bristol, South Gloucestershire BS7 0TA4
£450K07/221.02 mi47, Charlton Gardens, Bristol, City Of Bristol BS10 6LU4
£370K04/211.04 mi38, Braemar Avenue, Bristol, South Gloucestershire BS7 0TE4
£310K09/231.06 mi32, Orion Drive, Little Stoke, Bristol, South Gloucestershire BS34 6JD4
£435K10/221.06 mi76, Charlton Mead Drive, Bristol, City Of Bristol BS10 6LW4
£552.5K06/231.07 mi13, Hales Horn Close, Bradley Stoke, Bristol, South Gloucestershire BS32 8AG4
£390K12/201.07 mi9, Gatesby Mead, Stoke Gifford, Bristol, South Gloucestershire BS34 8UL4
£490K01/211.08 mi15, Kenmore Crescent, Bristol, South Gloucestershire BS7 0TH4
£421K10/231.08 mi105, Ratcliffe Drive, Stoke Gifford, Bristol, South Gloucestershire BS34 8TY4
£745K11/221.09 mi24, Pitlochry Close, Bristol, City Of Bristol BS7 0TU4
£475K02/211.1 mi30, Stean Bridge Road, Bradley Stoke, Bristol, South Gloucestershire BS32 8AH4
£705K07/231.11 mi1, Pitlochry Close, Bristol, City Of Bristol BS7 0TU4
£600K03/231.11 mi73, Kenmore Crescent, Bristol, South Gloucestershire BS7 0TP4
£575K05/211.11 mi14, Pitlochry Close, Bristol, City Of Bristol BS7 0TU4
£575K05/211.11 mi14, Pitlochry Close, Bristol, City Of Bristol BS7 0TU4
£447K04/211.11 mi17, Hayeley Drive, Bradley Stoke, Bristol, South Gloucestershire BS32 8AE4
£385K06/211.12 mi27, Beaufort Crescent, Stoke Gifford, Bristol, South Gloucestershire BS34 8QY4
£305K02/211.12 mi4, Morley Close, Little Stoke, Bristol, South Gloucestershire BS34 6SE4
£436K03/211.12 mi1, The Crunnis, Bradley Stoke, Bristol, South Gloucestershire BS32 8AD4
£435K12/201.13 mi64, Ratcliffe Drive, Stoke Gifford, Bristol, South Gloucestershire BS34 8UD4
£455K06/231.14 mi11, Blandamour Way, Bristol, City Of Bristol BS10 6WE4
£480K02/211.15 mi42, Kenmore Crescent, Bristol, South Gloucestershire BS7 0TL4
£380K10/201.17 mi51, Silver Birch Close, Little Stoke, Bristol, South Gloucestershire BS34 6RN4
£366K11/201.17 mi100, North Road, Stoke Gifford, Bristol, South Gloucestershire BS34 8PE4
£365K05/231.18 mi72, Amberley Road, Patchway, Bristol, South Gloucestershire BS34 6BY4
£345K12/201.18 mi14, Charlton Mead Drive, Bristol, City Of Bristol BS10 6LG4
£817.5K05/211.19 miLittle Leaze, Winterbourne Road, Bradley Stoke, Bristol, South Gloucestershire BS34 8PT4
£395K03/231.2 mi17, Gadshill Drive, Stoke Gifford, Bristol, South Gloucestershire BS34 8UU4
£465K06/231.21 mi13, Watch Elm Close, Bradley Stoke, Bristol, South Gloucestershire BS32 8AL4
£568K11/221.21 mi49, Watch Elm Close, Bradley Stoke, Bristol, South Gloucestershire BS32 8AL4

Local Area Statistics

Population in BS34

29,893

Population in Bristol

795,432

Town centre distance

3.19 miles away

Nearest school

0.10 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-6%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £375,000

March 30, 2025

Floor Plans

Description

  • Chain free +
  • New roof - 2023 +
  • Annual rental income - £33,360.00 +
  • Currently arranged as a 4 bedroom HMO +
  • Detached double garage +
  • Rental yield - (8.9%) +
  • Double driveway +
  • EPC - (C) - 73 +
  • Viewings commence - Saturday 4th April +

Offered to market with no onward chain, this well-proportioned 1960's house has been arranged as a 4 bedroom HMO bringing in annual income of £33,360 at a yield just shy of 9%. The property offers flexible accommodation and would also make a wonderful home for the growing family.

The property offers a welcoming approach, with a paved double driveway leading to the entrance. Once inside you are greeted with an inviting entrance hall that leads in to the living room which enjoys plenty of natural light from the sliding doors to the rear garden and measures a spacious (16'5 x 10'0 ft.). The kitchen breakfast room is modern and well-equipped, offering more than enough space to cook, dine and entertain, measuring (20'6 x 7'0 ft.). On the ground floor you will also find a very useful utility room and bedroom three which would also make for a great living room, measuring (10'10 x 10'1 ft.).

On the first floor, you will find 3 well-proportioned bedrooms, with both bedrooms one and two boasting en-suite shower rooms. You will also find a family bathroom comprising bathtub with shower overhead, wash hand basin and low-level WC as well as access to the loft space which is both boarded and insulated.

Outside the property enjoys a sunny private rear garden, mostly laid to lawn with a large patio area perfect for those Summer BBQ's. The rear garden benefits from an outside WC as well as a rear access and a detached double garage with 14ft up and over doors.

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 💪