6 bed terraced house for sale

Stanbury Avenue, Bristol BS16

Description

Summary of Accommodation

6 bed HMO in Fishponds, Bristol. The property provides 6 bedrooms, 2 bathrooms, a kitchen/diner and a separate downstairs communal living space as well as all facilities required for use as an HMO.

External Areas

Parking is available on Stanbury Avenue with no restrictions or permits. Additionally, there is a private garden to the rear of the property for communal use.

Location

Fishponds, 3 miles northeast of Bristol's centre, balances urban convenience with suburban appeal. It holds strong rental demand and is popular amongst students and young professionals, with excellent transport links and proximity to both the city centre and uwe campuses.

Asking Price

Offers invited in the region of £580,000.

Rental Income

£50,040 pa (inc bills).

Yield: C.9%

Management:

Reputable local HMO management companies can be recommended in the Bristol area if required.

Planning and Licensing:

HMO Licence (6 occupants) with 10 years continuous use prior to Article 4 Direction.

Intensification:

Potential to increase rental income with use of downstairs room as an additional 7th bedroom (STPP).

Bristol: An Economic Powerhouse

Bristol, a vibrant and thriving city with significant cultural appeal, is considered the capital of South West England, situated approximately 120 miles west of London and 45 miles east of Cardiff, with a population of around 465,000 and more than 1 million people living within a 45-minute drive. This property, located in the Fishponds area, is highly popular amongst students and young professionals alike. Fishponds offers easy access to both the bustling city centre and the growing student community, making it an ideal investment opportunity.

Bristol boasts a diverse and resilient economy, underpinned by a range of key industries. The city has a long-standing connection with aerospace and engineering, with major employers like Airbus and Rolls-Royce based in nearby Filton. Other important sectors include financial services, media, and a rapidly expanding tech industry. Furthermore, Bristol is home to two major universities: The University of Bristol and the University of the West of England (uwe). Combined, these institutions host over 57,000 students, significantly contributing to the city's vibrant atmosphere and economic growth.

In addition, the University of Bristol is expanding with a new £300 million campus in Temple Quarter, which is set to accommodate 3,000 more students by 2025. This development is expected to drive further demand for student accommodation in areas like Fishponds, increasing the area's attractiveness for property investors.

Fishponds, located just 3 miles northeast of Bristol's city centre, offers a unique blend of urban convenience and suburban charm. Known for its strong community atmosphere, the area is highly sought after by both students and young professionals. Fishponds features a lively high street along Fishponds Road, lined with independent shops, cafes, and supermarkets like Lidl and Aldi, making it a convenient place to live. Green spaces, including Snuff Mills Park and Oldbury Court Estate, offer residents the opportunity to enjoy outdoor activities and relaxation. The area is also well-connected, with regular bus routes such as the 48,49, and 5 linking Fishponds to the city centre and uwe's Frenchay campus. In addition, Staple Hill train station offers direct rail access to Bristol Temple Meads in under 15 minutes, further boosting Fishponds' appeal as a rental hotspot.

Material Information

- Tenure: Freehold.

- Local Authority: Bristol City Council.

- HMO Licence: Yes - 6 Individual Occupiers (Potential to increase to 7 bed).

- Planning: Property benefits from Continuous Use (10 years) pre Article 4 Direction.

- Article 4 Area: Yes.

- EPC: C.

- Council Tax Band: Band B.

- Services: We understand all services to be connected. Heating: Mains Gas Central Heating and double glazing throughout.

- Internet: High Speed Broadband / Wifi. Mobile Phone: Coverage for EE, O2, Vodafone and Three.

Schedule of Accommodation

Hallway: Large and bright entrance hallway.

Bedroom 1: 4.54m × 3.79m - Spacious ground floor double bedroom / front room.

Lounge: 3.69m × 3.18m - Communal space - potential to convert to 7th bedroom (STP).

Conservatory: 6.41m × 2.84m - Rear lean to conservatory adjoining kitchen.

Kitchen: 6.41m × 2.84m - Bright kitchen and dining area with access to rear garden.

Bedroom 2: 4.79m × 3.65m - Spacious first floor front bedroom with double bed.

Bedroom 3: 3.64m × 3.11m - Spacious first floor bedroom with double bed.

Bathroom 1: First floor bathroom, with toilet and basin (WC).

Bathroom 2: First floor shower room, with shower, toilet and basin (WC).

Bedroom 4: 2.88m × 2.79m - Large first floor rear bedroom with double bed.

Bedroom 5: 4.93m × 2.23m - Comfortable second floor front bedroom with double bed.

Bedroom 6: 3.09m × 2.38m - Functional second floor rear bedroom with double bed.

External: On road parking, small front terrace garden and large rear garden.

For further information please refer to the full property particulars. To arrange a viewing please contact Adam Clegg at Keller Williams