Ashton Road, Ashton, Bristol

Asking price £460,000 - For Sale

  • Substantial 6 bed HMO
  • Potential to increase rental income
  • Popular residential location

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

An exciting opportunity to purchase a substantial, three storey end of terrace property that is currently arranged as a 6 bedroom House of Multiple Occupation (HMO). The property is situated in a fantastic location overlooking Greville Smyth Park in Ashton, providing easy access to a wide variety of shops, restaurants, bars and amenities on North Street. The property is fully let producing approximately £32,760 per annum and we feel there is potential to increase the rents to provide a gross annual income in excess of £36,500. Early enquiries are recommended.

DESCRIPTION -

An attractive end of terraced three storey period property that is currently arranged as a 6 bedroom HMO. The property offers 6 double bedrooms, 2 bathrooms and a communal kitchen and dining space and is fully let producing approximately £32,760 per annum, with potential to increase. An ideal opportunity for residential investors.

LOCATION -

Overlooking Greville Smyth Park this fine residence is situated within close proximity to North Street with its wide selection of shops, restaurants, bars and supermarkets. This vibrant and sought after location has become a highly desirable place to live for professional and student tenants. Public transport to the city centre or Southmead Hospital is via the No24 with the bus stop just outside this property. On street parking is easily available as there are currently no parking restrictions in Ashton Road or neighbouring streets. During 2018 there will be a new Metrobus which will provide easy accessibility to the city centre and Cribbs Causeway. If you are considering student letting this property it is within close proximity of the Bower Ashton campus.

ACCOMMODATION -

Please refer to floorplan for approximate room sizes and internal layout.

GROUND FLOOR -

Comprising 2 double bedrooms, kitchen and dining room.

FIRST FLOOR -

Comprising 3 double bedrooms and 2 bathrooms.

SECOND FLOOR -

Comprising a further double bedroom.

OUTSIDE -

The property benefits from an enclosed courtyard garden to the rear.

ADDITIONAL STORE -

The property benefits from an external store situated to the side with access from Duckmoor Road.

TENANCY DETAILS -

All of the rooms are let on Assured Shorthold Tenancy agreements producing the following rents.

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Room 1: £325 pcm
Room 2: £450 pcm
Room 3: £495 pcm
Room 4: £450 pcm
Room 5: £425 pcm
Room 6: £585 pcm
Total: £32,760 per annum

ENERGY PERFORMANCE CERTIFICATE (EPC) -

Energy Rating: E

VIEWING -

Strictly by appointment with Maggs & Allen.

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Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.