- Licensed Six-Bedroom HMO +
- En-suites & Kitchenettes in All Bedrooms +
- 10.1% Rental Yield +
- Currently Achieves £77,940 Per Annum +
- Freehold +
- Excellent Condition Throughout +
- Council Tax Band: B +
CJ Hole Southville is pleased to bring to the market a rare opportunity to purchase a high-yielding, rental investment: a licensed, six-bedroom HMO on Coronation Road.
This mid-terrace residential property spans four storeys and provides six double bedrooms, each with its own en-suite shower room and compact kitchenette for private food preparation and hot drinks. The property generates an impressive £77,040 per annum, reflecting a 10.1% rental yield with a monthly rental income of £6,420.
The property also has approval to increase the occupancy of 2 rooms to 2 person occupancy which will result in a further increase in rent.
On the ground floor, residents have access to a communal kitchen fitted with two ovens, hobs, and ample storage for food. Additionally, the property features a long hallway at the rear, offering secure storage for bicycles.
Coronation Road is one of Bristol’s most iconic and desirable areas for living, dining, and socializing. The location is convenient, with an Asda superstore next door and Bedminster Parade just around the corner, home to independent restaurants, pubs, and cafés. Situated directly opposite Bedminster Bridge, the property offers easy access across the river to Redcliffe and the bustling Wapping Wharf area. Nearby, Gaol Ferry Steps features trendy bars, boutique shops, and popular spots like Little Victories, Mokoko, Box E, Root, and Gambas.
Southville is a highly sought-after area of Bristol due to its proximity to Bristol City Centre and the vibrant North Street. North Street boasts a mix of independent bars, pubs, and cafés, including Tincan Coffee Co., Coffee #1, and Southville Deli. The location also benefits from nearby green spaces such as Victoria Park, Ashton Court Estate, and Greville Smyth Park. The property provides excellent access to Bristol City Centre, Wapping Wharf, and Temple Meads train station, with Bristol International Airport and the Bristol Link Road easily reachable.