Downend Road, Fishponds, Bristol

Guide Price £285,000 - For Sale

  • For Sale By Public Auction
  • Tuesday 4th May 2021
  • Remote Online, Proxy & Telephone Auction
  • Legal Packs via our website


Telephone: 0117 973 4940


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Property Details

SOLD PRIOR. An extended and well-presented period house that is currently arranged as a fully licensed 5-bedroom HMO, let to students producing £25,200 per annum. The property also offers potential to create a sixth bedroom and is already licensed for 6 households. There is a large garden to the rear with an additional parcel of land that may offer potential for further development, subject to consents. The property is conveniently located for access to an wide range of local amenities on Fishponds Road.


This property is due to feature in our online auction on 4th May 2021 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.






An extended end of terrace period house that has been converted into a 5-bedroom HMO. The property is currently fully let producing £25,200 per annum and offers potential to create a sixth bedroom and increase the rental income. There is a large garden to the rear that also may offer some further development potential, subject to consents. An ideal buy to let investment.


The property is situated in a highly convenient location on Downend Road in Fishponds with easy access provided to a wide range of shops, cafes and restaurants on Fishponds Road. Excellent transport links are provided to the City Centre, UWE and the A4174 Ring Road.


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


Comprising a lounge, extended kitchen/diner and two double bedrooms.


Comprising three further double bedrooms and two modern shower rooms.


The property benefits from a 60 foot garden to the rear laid mostly to lawn and also includes an additional rectangular parcel of land that wraps behind the two neighbouring gardens. This parcel of land may be suitable for a home office or annexe to the main house, subject to consents.


The property is fully let to students until August 2021 producing £25,200 per annum (4 rooms at £425 pcm and the fifth room at £400 pcm). The tenants are responsible for paying all bills and are keen to stay on for the 2021 - 2022 academic year.


The property is fully-licensed for a maximum of 6 households and 6 persons. The current HMO licence runs until 24 November 2024.


Rating: D


Please be advised that all purchasers are subject to a £1,000 plus VAT (£1,200 inc VAT) buyer's premium payable upon exchange of contracts.


Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.


The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.


The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a cheque/bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.


The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:

£1,000 - £50,000: £2,000
£51,000 - £150,000: £5,000
£151,000 and above: £10,000

If your bid is successful, the balance of the deposit monies and Buyer's Premium (£1,200 inc VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you.


Maggs & Allen use all reasonable endeavours 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.