SOLD, £450,000

11, Wellington Avenue, Montpelier, BS6 5HP

Bedrooms 5 Bathrooms 2 Reception 1

  • 5 Bedroom HMO
  • INVESTMENT OPPORTUNITY
  • Income - £31,000 pa
  • SCOPE TO INCREASE RENTS
  • Convert to Family home.

THE PROPERTY

A mid terraced period property arranged over three floors with garden and rear access from Woodmancote Road.
The property is currently arranged as a 5 bedroom licensed HMO with communal kitchen diner.

EXTENDED COMPLETION

Completion is set for 6 weeks.

LOCATION

Wellington Avenue is located just off Ashley Road within the cultural suburb of Montpelier. Convenience stores and other local amenities are nearby as well as the ever popular Gloucester Road which boasts an array of independent retailers, pubs, bars, cafes and restaurants. Bristol City Centre is less than two miles away.

THE OPPORTUNITY

Excellent investment opportunity with 5 rooms let on individual AST agreements producing £31,000 per annum.
We understand there is scope to further increase the rental income

Alternatively the property would make a fine family home in this highly sought after location.

ACCOMMODATION

BEDROOM ONE

Single glazed sach bay window to front elevation, wall mounted radiator, seperate kitchenette with electric hob and sink unit. Door leading to en-suite comprising of low level WC, pedestal wash hand basin and shower cubicle with extractor fan and towel rail.

BEDROOM TWO

Range of base and wall mounted units with rolled work top over, stainless steel sink unit with tap over and wall mounted radaitor and boiler. Double bedroom with wall mounted radiator, double doors leading to living room space. Bathroom comprising of low level WC, pedestal wash hand basin, panelled bath with shower over and double glazed window to side elevation. Double doors to rear garden/parking.

BEDROOM THREE

Single glazed sach window to rear elevation, wall mounted radiator. Seperate kitchenette and shower room. Kitchen comprising of range of base and wall mounted units with worktop over, uPVC double glazed window to rear elevation and door leading to shower room comprising of low level WC, pedestal wash hand basin and shower cubicle with obscure window to side elevation.

BEDROOM FOUR

Single glazed sach bay window to front elevation, wall mounted radiator, kitchenette with range of base and wall mounted units with work top over with stainless steel sink unit and electric hob. En-suite comprising of low level WC, pedestal wash hand basin and shower cubicle with extractor fan.

BEDROOM FIVE

Top floor double bedroom with uPVC double glazed windows to rear elevation, wall moutned radiator, kitchenette with range of base and wall mounted units with work top over and integral stainless steel sink unit and electric hob. En-suite comprising of low level WC, pedestal wash hand basin and shower cubicle.

INCOME

Room 1 - Currently vacant (previously let for £450 pcm)
Room 2 - £640 pcm
Room 3 - £500 pcm
Room 4 - £500 pcm
Room 5 - £550 pcm


Local Information

Schools Stations Healthcare
Floorplan for *** SOLD @ HOLLIS MORGAN APRIL AUCTION *** Floorplan for *** SOLD @ HOLLIS MORGAN APRIL AUCTION ***