Keller Williams Oxygen says ..

Property Oracle says ..

This property is a five-bedroom, two-bathroom terraced house located on Park Road in Filton, South Gloucestershire. It is currently configured and licensed as a House of Multiple Occupancy (HMO). The property appears to have undergone recent renovations, as evidenced by the modern kitchen and bathrooms shown in the photographs. There’s mention of a large rear garden and a small front courtyard, providing some outdoor space for tenants. The location offers proximity to Filton Abbey Wood train station, improving access to Bristol and other areas. Several primary schools are located within a reasonable distance. Nearby properties on Park Road show a range of sale prices, with this property’s asking price appearing moderately high relative to some comparable properties, yet potentially justified based on its HMO configuration and recent improvements. The lack of plot size details makes a definitive price judgement difficult, but the price appears above what one would pay for a 5 bedroom property in this area. A potential investor should thoroughly investigate the financial viability of the property as a HMO before making a purchase decision. The high price would suggest this property would need a high occupancy rate to maintain profitability, and a potential buyer should conduct their own thorough due diligence to ensure profitability.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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