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5-BEDROOM HMO - Gloucester Road, Horfield, Bristol - Image 1
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5-BEDROOM HMO - Gloucester Road, Horfield, Bristol

South West

£350,000Guide Price

Listed on 14/10/2026

The listing

Property details

Bedrooms
5
Type
Terraced
Area
1251 sqft

Features

  • Garden
  • HMO

Description

Offered at auction, this five-bedroom mid-terraced period house in Horfield is currently arranged as an HMO and is being sold with vacant possession. The accommodation extends to approximately 1,251 sq ft and is described as requiring modernisation, with scope to retain an HMO arrangement or adapt the house for family use, subject to any necessary consents. The agent anticipates rent of around £45,000 per annum once the property is refurbished and fully occupied as an HMO. An HMO licence for five occupants or households was granted in October 2024, although buyers should check current licensing and planning requirements and review the auction legal pack. The EPC rating is C. The house is on Gloucester Road, close to local shops, cafés, restaurants and other amenities. The listing notes bus links towards Bristol city centre and road access via the A38 and M32. Structural cracks have been noted in the rear kitchen, and prospective purchasers are advised to make their own inspections and obtain appropriate professional advice. The auction listing states completion is due eight weeks after exchange, or sooner by agreement, and a buyer's premium is payable.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

73out of 100
Grade BGood opportunity

Confidence: MEDIUM

At £350,000, the guide price works out at about £280 per sq ft, well below the local average of £423 per sq ft — a strong entry point for a substantial period terrace on Gloucester Road. It is being sold by auction, and bidding can take the hammer above the guide, so the eventual price may not stay this cheap.

The five-bedroom HMO layout gives buyers a choice: modernise it for shared letting or rework it as a spacious family home. The dated interiors and garden clearance offer plenty of scope to add value, but the prominent kitchen ceiling crack, reported structural cracking and temporary props at the rear need proper investigation. The £40,000–£70,000 works range points to a substantial project; the score is strong overall, though those structural questions are a key part of the buying decision.

Key opportunities

  • The existing five-bedroom HMO arrangement offers a starting point for a modern shared rental, subject to any necessary consents.
  • The substantial period house could be reworked into a spacious family home, with scope to update the dated finishes and older flooring.
  • Clearing the rubble and building materials and reinstating the rear garden would improve the outdoor space.

Key risks

  • The £40,000–£70,000 works range, rubble clearance and structural investigation make this a substantial budget and programme rather than a cosmetic refresh.

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Map

Location

5-BEDROOM HMO - Gloucester Road, Horfield, Bristol
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Tax

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