212, Wells Road, Knowle, BS4 2AX
SOLD, £527,000


THE PROPERTY

A large mid terraced period property in an elevated position on the Wells Road.
The property is arranged over 3 floors with 6 en suite bedrooms ( Two with kitchen facilities ) and a communal kitchen / diner leading onto a well maintained rear garden.
The property is sold freehold with the benefit of a full HMO license and is in excellent decorative order with Central control and sensor lighting

LOCATION

The property is situated on the busy Wells Road within the popular suburb of Knowle. Local amenities and services are all within close proximity. Bristol Temple Meads is less than a mile away and provides direct rail routes in and out the City. Bristol City Centre is approximately two miles away.

THE OPPORTUNITY

Excellent long term investment - this fully licensed HMO is let to six individual tenants producing a rental income of £52,020 per annum.
There is a strong demand for quality accommodation of this nature and given it proximity to the City Centre we would anticipate the rental income to increase further.
The property is let inclusive of all bills and sold subject to existing tenancy agreements - please refer to legal pack.

ACCOMMODATION

GROUND FLOOR

- Bedroom 1 with en suite bathroom
- Bedroom 2 with en suite bathroom
- Kitchen / Diner

FIRST FLOOR

- Bedroom 3 with en suite bathroom and separate cooking facility
- Bedroom 4 with en suite bathroom
- Bedroom 5 with en suite bathroom and separate cooking facility

SECOND FLOOR

- Bedroom 6 with en suite bathroom

OUTSIDE

- Rear garden.

TENANCY SCHEDULE

Room 1

- £735 pcm
- 12 month AST from 21/11/2015

Room 2

- £700 pcm
- 12 month AST from 01/09/2015

Room 3

- £750 pcm
- 6 month AST from 29/03/2016

Room 4

- £700 pcm
- 6 month AST from 28/10/2016

Room 5

- £710 pcm
- 3 month AST from 02/04/2016

Room 6

- £725 pcm
- 12 month AST from 06/10/2016

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