309, Hotwell Road, Hotwells, BS8 4NQ
SOLD SUBJECT TO CONTRACT, £800,000
- STUDENT HMO INVESTMENT
- ANNUAL INCOME £51K PA
- POTENTIAL INCOME £57K +
- POSSIBLE PLOT TO REAR
- BS8 LOCATION
- 2 MILES TO BRISTOL UNI
- CLOSE TO CLIFTON VILLAGE
- WALKING DISTANCE TO HARBOURSIDE
- OFFERED IN GOOD DECORATIVE ORDER
A well maintained mid terraced period property ( 3064 Sq Ft ) over four floors arranged as a 9 bedroom HMO with a large enclosed garden and coach house with access from Little Caroline Place.
360 DEGREE TOUR
Click or paste the link below to view the 360 Degree Virtual Tour.
WEEKLY SET VIEWINGS
Thursdays 14:00 - 14:30
By Appointment Only
The property is OPEN FOR 30 MINUTES but please leave a minimum of 15 minutes to inspect the property.
Hollis Morgan would be grateful if you could arrive promptly to inspect the properties at the START of the specified times as we have scheduled viewings throughout the day and CANNOT wait for late arrivals.
The property is let until the end of the 2018 Academic year for £51,000 pa with the VP from 28 June 2018
We understand there is scope to increase these rents for 2019.
Current income £472 per room pcm
We suggest £535 per room pcm is achievable increasing the rents to £57,780 pa
PLOT TO REAR
To the rear of the property is a large garage / coach house that may have scope for residential development subject to gaining necessary consents.
We understand that planning was rejected in 2008.
REFUSED PLANNING ON COACH HOUSE
Application Received Mon 15 Sep 2008
Application Validated Fri 26 Sep 2008
Address 309 Hotwell Road Bristol BS8 4NQ
Proposal Construction of a two bedroom cottage on the site of an existing garage.
Decision Issued Date Fri 21 Nov 2008
Appeal Status Appeal decided
Appeal Decision Appeal Dismissed
This unique location offers an excellent alternative to Clifton or the City Centre with outstanding value and pedestrian access to Clifton Village via Hinton Lane. The property is a short stroll away from the Bristol Harbour and offers superb access to the amenities which the City Centre and Park Street have to offer, whilst Bristol University and Bristol Royal Infirmary are also within 2 miles. Excellent access to the Portway and regions motorway Network.
Unconditional offers in excess of £800,000 are invited on a private treaty basis.