HMO in BS14

Wootton Park, Bristol, Somerset, BS14 9AQ

Brochure

Tenure: Freehold

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Starting bid£350,000

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Key Information

Parking: None

Property features

Current Rental Income: £3,825 per month | £45,900 per annum
Parking to the front
6 bedrooms, each let individually on an AST with bills included
Current Gas, Electrical and Fire Safety certificates

HMO in BS14

For Sale Via Online Auction. Fees Apply.

This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

The property currently generates an impressive £45,900 per annum.

The property is configured to meet current local authority licensing and compliance requirements, including fire safety, electrical and gas safety, and amenity standards.

Current Rental Income: £3,825 per month | £45,900 per annum

Key Features
Property Type: End-terrace house converted into a fully licensed HMO
Tenure: Freehold
Configuration: 6 bedrooms, each let individually on an AST with bills included
Bathrooms: 2 shared bathrooms
Living Accommodation: 2 reception rooms providing excellent communal space
Kitchen: Modern, well-equipped communal kitchen
Communal Areas: Well-maintained throughout
Parking: Parking to the front
Garden: Rear garden
Licensing & Compliance: Fully licensed by the local authority
Safety: Current Gas, Electrical and Fire Safety certificates
Occupancy: Fully tenanted with professional tenants
Council Tax: Band C
EPC: C
Location: Situated in a high-demand rental area with excellent transport links and convenient access to local amenities
Investment Highlights

The property currently generates £3,825 per calendar month, equating to an impressive £45,900 per annum.

At the starting bid price, the property offers an attractive 13% gross yield, with potential for further rental uplift through future rent optimisation and rental growth.

The property benefits from an established tenant profile, an existing HMO licence and strong rental demand, making this a ready-to-go investment opportunity for both experienced landlords and investors looking to expand their portfolio.

Schedule of Tenancies
Room Tenancy Rent
Room 1 AST £650 pcm
Room 2 AST £675 pcm
Room 3 AST £650 pcm
Room 4 AST £550 pcm
Room 5 AST £650 pcm
Room 6 AST £650 pcm
Total
£3,870 pcm / £45,900 pa

Please Note: We understand that the rental figures include council rates, broadband and utilities.

Sale Details

Sold subject to existing tenancies.

Tenure: Freehold
Council Tax: Band C
EPC: C

This represents an excellent opportunity to acquire a fully occupied, licensed HMO with an established income stream, offering an attractive combination of income, strong rental demand and potential for future growth.

Description

The property currently generates an impressive £45,900 per annum. Key Features Property Type: End-terrace house converted into a fully licensed HMO

Location

Wootton Park, Bristol, BS14

EPC

Rating C

Tenure

BL99397 - Freehold

Additional Information

For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial@pattinson.co.uk. With regards to viewing subject property, this is to be done strictly by appointment.

Open map Street view

This property is being sold subject to unconditional reservation fee auction terms and conditions.

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

The legal pack is not yet available. The auction will not end until the legal pack has been made available here for at least 24 hours.

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