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 attractive mid-terraced three storey Victorian property that is currently arranged as a 6 bedroom House of Multiple Occupation (HMO). The property enjoys an enviable position overlooking Greville Smyth Park in Ashton and has proved popular with professional renters due to the proximity to the shops, bars and restaurants on North Street and easy access to the City Centre. The property is fully let producing approximately £27,840 per annum which is significantly below market level. We would anticipate a market rent in the region of £37,500 per annum making this an attractive rental investment. Early enquiries are recommended.

DESCRIPTION -

An attractive mid-terraced Victorian property arranged over three storeys as a 6 bedroom HMO. The property benefits from a 22ft communal kitchen/diner and 2 bathrooms and is currently let producing approximately £27,840 per annum. All of the rooms are good-sized doubles making this an attractive proposition as a rental investment.

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 and a communal kitchen/diner.

FIRST FLOOR -

Comprising 2 double bedrooms and a bathroom.

SECOND FLOOR -

Comprising 2 further double bedrooms and a bathroom.

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OUTSIDE -

The property benefits from an enclosed courtyard garden to the rear with a covered bike store.

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: £325 pcm
Room 3: £595 pcm
Room 4: £350 pcm
Room 5: £400 pcm
Room 6: £325 pcm
Total: £27,840 pa

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.