A well-located and spacious end-terraced property situated in the heart of Southville, just minutes from Bristol's Harbourside and the city centre. Currently arranged as a 4-bedroom HMO, the property features a bright, open-plan kitchen and living area , four bedrooms - three with en-suite bathrooms, and a generous utility room leading to two private parking spaces.
This versatile property offers excellent potential, whether continuing as an HMO, converting into a family home, or being split into two flats with its existing dual entrances. Easy access is provided to local parks, and Gaol Ferry Bridge connects the property to Wapping Wharf and Bristol’s city centre within minutes, making this a prime opportunity for private buyers or investors.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 24th April at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWING -
By appointment
SUMMARY -
SPACIOUS PERIOD PROPERTY ARRANGED AS A 4-BEDROOM HMO
DESCRIPTION -
Located in the heart of Southville, just minutes from Bristol’s vibrant Harbourside and city centre, this spacious end-terraced property offers exceptional potential for investors and homeowners alike. Currently arranged as a four-bedroom HMO, the property boasts a bright and airy open-plan kitchen and living space, four double bedrooms - three of which feature en-suite bathrooms, and a generous utility room leading to two private parking spaces.
The property could be retained as a potentially high-yielding HMO, converted back to two self-contained flats (previous use) or a family house, subject to consents. Enjoy easy access to local parks and the iconic Gaol Ferry Bridge, which links you effortlessly to Wapping Wharf and the city’s thriving amenities. A fantastic opportunity in a sought-after location—ideal for investors, landlords, or those looking to create a bespoke family home.
LOCATION -
Located on Dean Lane, this home enjoys excellent transport links, with Bedminster railway station just a short walk away. Families will appreciate the proximity to well-regarded schools like Holy Cross RC Primary School, while supermarkets such as Aldi, Asda, and Co-Operative Food provide convenient shopping options. Southville is a thriving community known for its lively atmosphere, offering a fantastic selection of cafes, restaurants, and pubs. Green spaces and parks are close by for outdoor recreation, while theatres, art galleries, and music venues contribute to the area's rich cultural scene. Gaol Ferry Bridge provides access to Wapping wharf and the centre of Bristol by foot within minutes.
ACCOMMODATION -
Please refer to floorplan for approximate room measurements and internal layout.
RENTAL POTENTIAL -
We would anticipate a potential rental income as a 4-bedroom HMO in the region of £38,400 PA.
TENURE -
The property is for sale on a freehold basis with vacant possession.
COMPLETION -
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
HMO LICENSING & PLANNING -
HMO licensing regulations and planning requirements are subject to regular changes, updates and even individual interpretations by the Local Authority. Prospective buyers are therefore required to make their own enquiries with the Local Authority and review the documents contained in the auction legal pack fully to satisfy themselves that the property is compliant in this respect. Maggs & Allen accept no liability in the event that any Licensing or Planning requirements/documents are not in order at the point of sale.
HMO LICENSING & PLANNING -
HMO licensing regulations and planning requirements are subject to regular changes, updates and even individual interpretations by the Local Authority. Prospective buyers are therefore required to make their own enquiries with the Local Authority and review the documents contained in the auction legal pack fully to satisfy themselves that the property is compliant in this respect. Maggs & Allen accept no liability in the event that any Licensing or Planning requirements/documents are not in order at the point of sale.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: E
LETTING - WHAT CAN MAGGS & ALLEN ACHIEVE FOR YOU? -
Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on 0117 9499000 or email lettings@maggsandallen.co.uk.
AUCTION OR BRIDGING FINANCE REQUIRED? -
Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on 0117 9734940 or email admin@maggsandallen.co.uk
BUYER'S PREMIUM -
Please be advised that all purchasers are subject to a £1,500 plus VAT (£1,800 inc VAT) buyer’s premium payable upon exchange of contracts.
*GUIDE PRICE -
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.
RESERVE PRICE -
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.
PROXY, TELEPHONE & ONLINE REMOTE BIDDING -
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 bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.
PRELIMINARY DEPOSITS -
The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:
£1,000 - £150,000: £5,000
£151,000 and above: £10,000
If you bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 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 within 5 working days.
RENTAL ESTIMATES -
All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.
