HMO | £92,500 pa | BS7
By Hollis Morgan Auctions
£ 775,000
Reviews
3 out of 5 stars
Hollis Morgan Auctions says ..
Hollis Morgan – NOVEMBER LIVE ONLINE AUCTION – A Freehold PURPOSE BUILT 10 BED | 8 BATH HMO INVESTMENT with BONUS RETAIL UNIT | Fully Let producing £92.4k INCOME pa | EPC rating A
Property Oracle says ..
This terraced property on Filton Avenue in Bristol is currently configured as a House in Multiple Occupation (HMO) with 10 bedrooms and 8 bathrooms, generating a rental income of £92,500 per annum. The interior has been modernized, featuring updated kitchens and bathrooms, while the exterior and communal areas could benefit from some improvements. The property has a small, mostly paved outdoor area. Located in a mixed commercial and residential area, it benefits from good transport links and proximity to local amenities. The asking price of £775,000 appears reasonable given the rental income and the general condition of the property, but the lack of specific square footage data makes precise valuation challenging. The nearby schools have mixed Ofsted ratings, which may be a consideration for some potential tenants or buyers. Overall, this property presents a solid investment opportunity with potential for further value enhancement through targeted improvements and effective management.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 6
- Land
- 4
- Bedrooms
- 10
- Bathrooms
- 8
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 308,695.00 £Decreased by 14.98 %
- Average area rental value
- 2,053.00 £/moIncreased by 3.06 %
- Est rental Yield
- 7.98 %Increased by 21.28 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Hollis Morgan Auctions created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Filton Avenue Nursery School | Local Authority Nursery School | Outstanding | 0.17 KM |
| Filton Avenue Primary School | Academy Converter | Requires improvement | 0.21 KM |
| Filton Avenue Nursery School And Children'S Centre | Children's Centre | 0.29 KM | |
| Upper Horfield Primary School | Community School | Requires improvement | 0.79 KM |
| Upper Horfield Children'S Centre & Community School | Children's Centre | 0.82 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Newbury Road | £ 335,000 | 0 | 0.00 KM |
| Joyce Close | £ 0 | 0 | 0.00 KM |
| Buxton Walk | £ 0 | 0 | 0.00 KM |
| Concorde Way | £ 0 | 0 | 0.00 KM |
| Ruskin Grove | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Filton Abbey Wood | 3235 | FIT | 2.13 KM |
| Stapleton Road | 3250 | SRD | 2.93 KM |
| Montpelier | 3203 | MTP | 2.93 KM |
| Redland | 3247 | RDA | 3.61 KM |
| Lawrence Hill | 3225 | LWH | 3.98 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| HMO | £92,500 pa | BS7 | £ 775,000 | BUY | 6 / 10 | 0.00 KM |
| Filton Avenue, Horfield, Bristol | £ 335,000 | BUY | 5 / 10 | 0.06 KM |
| Filton Avenue, Horfield, Bristol, BS7 | £ 375,000 | BUY | 7 / 10 | 0.07 KM |
| Filton Avenue, Horfield, Bristol | £ 345,000 | BUY | 6 / 10 | 0.08 KM |
| Sandling Avenue | Horfield | £ 175,000 | BUY | 5 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Hay Field Lane | £ 110,000 | 0.04 KM |
| 1 Hay Field Lane | £ 124,995 | 0.04 KM |
| 230 Filton Avenue | £ 155,000 | 0.07 KM |
| 238 Filton Avenue | £ 193,000 | 0.07 KM |
| 218 Filton Avenue | £ 68,000 | 0.07 KM |