This 4-bedroom house in Downend, Bristol, presents a solid investment opportunity, particularly for those interested in the student rental market. Currently set up as a House in Multiple Occupation (HMO), the property is fully compliant with necessary regulations and is already generating a reliable annual income of £30,000, reflecting a gross yield of 9%.
The interior features four generously sized bedrooms, complemented by a modern bathroom and a communal kitchen/diner designed for social interaction. Each room offers ample space for student living, and the property has been maintained to meet HMO standards regarding safety and comfort. The unfurnished snug provides an additional area that could be repurposed; converting this space into a fifth bedroom could further enhance rental income potential, although it would require relocating the boiler to the loft and obtaining appropriate licensing from South Gloucestershire Council.
Externally, the property benefits from unrestricted on-street parking and includes both a private drive and a rear garden available for tenant use.
Location plays a critical role in any property investment, and this one does not disappoint. Positioned approximately 5 miles northeast of Bristol’s bustling city center, it is well-connected to public transport routes leading directly to both the University of Bristol and UWE Frenchay campus. The area caters not only to students but also appeals to young professionals and key workers due to its proximity to major employers in sectors such as aerospace and tech.
Downend offers local amenities including shops along High Street, as well as recreational options like King George V Playing Fields. Its excellent transport links through the M32 and M4 make commuting straightforward.
The house's current management is handled by the landlord; however, there are established local property management companies available should you prefer professional oversight for your investment.
For potential growth in value or rental yield, consider the ongoing developments in Bristol’s education sector. A new campus by the University of Bristol set to open soon will increase student numbers in the region, reinforcing demand for quality accommodation like this.
Interest in viewings is welcomed by appointment only; please note that necessary Anti-Money Laundering documentation will be required prior to scheduling.
In summary, this property not only provides immediate returns but also holds significant potential for future development within an attractive area experiencing continued growth in both rental demand and residential value.
