John Street, Bristol, Bristol

Asking price £325,000 - Sold Subject to Contract

Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

An attractive five-storey Grade II listed period property in a fantastic location, situated in the heart of Bristol City Centre. Currently arranged as a 5 bedroom fully-licensed Student HMO, the property is producing £21,000pa, this could be significantly increased if updating works are carried out. Once renovated, we anticipate rent to be circa £34,800pa making this an incredible investment opportunity.

DESCRIPTION -

A substantial 5-bedroom converted building (approx 1157 sq ft) arranged over 5 floors of an attractive period terraced property in the City Centre. The property could benefit from updating works to maximise the rental potential.

This fully-licensed 5-bedroom HMO is currently let to students until September 2021 producing £1750pcm (£21,000pa). Once refurbished we anticipate rent to be circa £2,900pcm (£34,800).

We understand that change of use from office to student/young professional accommodation (one five bedroomed residential unit) was granted in January 2000. The current HMO license was granted in 2020.

LOCATION -

The property is situated in a highly convenient location on John Street, adjoining Broad Street and connecting to the vast array of amenities offered by the city centre. This property is within close proximity to Bristol University and in an area of high demand for student lets.

ACCOMMODATION -

Please refer to floor plan for approximate room measurements and internal layout.

BASEMENT -

Comprising a kitchen, WC and shower room.

GROUND FLOOR -

Comprising an entrance hall and lounge.

FIRST FLOOR -

Comprising two bedrooms.

SECOND FLOOR -

Comprising a bedroom and bathroom.

THIRD FLOOR -

Comprising two bedrooms.

ENERGY PERFORMANCE CERTIFICATE -

Rating: E

VIEWING -

By appointment

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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.