UNDER OFFER, Guide Price £900,000

27A | 27B, Jacobs Wells Road, Cliftonwood, BS8 1DS

Bedrooms 10 Bathrooms 4 Reception 2

  • LEASEHOLD
  • HMO STUDENT INVESTMENT
  • 10 BEDROOMS
  • 2 X 5 BED UNITS
  • £60K PA
  • CLOSE TO BRISTOL UNI
  • LONG LEASEHOLD
  • SCOPE TO INCREASE RENTS

THE PROPERTY

A pair of leasehold ground and first floor maisonettes with accommodation arranged as a fully licensed 10 bedroom HMO with communal lounge / kitchen just a short walk from Bristol University.
Leasehold - Residue of 999 years
Management Fees - £100 pcm
Sold subject to existing tenancies.

LOCATION

Cliftonwood with its brightly coloured townhouses and harbour views is amongst the most sought after locations in the City. Cliftonwood offers an alternative to nearby Clifton Village with a stronger sense of community whilst still benefiting from the excellent nearby amenities in the Village, Whiteladies Road and the Triangle with independent shops, boutiques, cafes, bars and restaurants. Brunel’s Clifton Suspension Bridge provides a gateway to the Ashton Court Estate with its woodlands, mountain bike trails and walks whilst there is excellent access to the exciting Harbourside district, the City Centre and Temple Meads.

THE OPPORTUNITY

STUDENT HMO INVESTMENT

The property is fully let for the 2021 / 2022 Academic year at £500 per room pcm
Current total income £60,000 pa terminating end of June 2022.
The property is due to be advertised shortly for the 2022 / 2023 academic year at a slightly increased rent ( info to follow )


Local Information

Schools Stations Healthcare
Floorplan for 10 BED HMO - BS8 Floorplan for 10 BED HMO - BS8