6 bed end terrace house for sale

Wootton Park, Bristol BS14

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.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.

These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 7.2% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services