A smartly-presented and well-maintained 6-Bedroom HMO, situated in a highly convenient location in Horfield within close proximity to Gloucester Road, Southmead Hospital, Airbus, the MOD and UWE. The accommodation is arranged over three floors and provides an open-plan communal kitchen/dining/living room, six bedrooms and two bathrooms. Externally, the property benefits from a low-maintenance courtyard garden.
The property is fully-let to students for the 2025/2026 academic year at a rent of £48,600 per annum (excluding bills). There is scope to increase the rent to a figure in excess of £50,000 per annum at the next tenant changeover.
A superb and high-yielding rental investment in an area benefiting from high rental demand from both student and professional tenants.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 18 September 2025 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
WELL-PRESENTED 6-BEDROOM HMO - LET PRODUCING £48,600 PA WITH SCOPE TO INCREASE
DESCRIPTION -
An excellent opportunity to acquire a smartly-presented and well-maintained 6-bedroom licensed HMO, ideally positioned in the ever-popular area of Horfield. Conveniently located within easy reach of Gloucester Road’s vibrant amenities, Southmead Hospital, Airbus, the MOD, Bristol University and UWE, the property appeals strongly to both student and professional tenants.
The property is currently fully let to students for the 2025/2026 academic year, generating a rental income of £48,600 per annum (excluding bills), with clear potential to increase the annual return to over £50,000 at the next tenancy cycle.
Arranged over three floors, the accommodation offers a spacious open-plan communal kitchen, dining and living area, six generously-sized bedrooms, and two modern bathrooms. Outside, a low-maintenance courtyard garden provides private outdoor space for tenants.
This is a superb, income-generating investment in a location with consistently high rental demand, offering long-term stability and strong yields.
LOCATION -
The property is situated on Douglas Road in Horfield and is within easy reach of a wide variety of local amenities on Gloucester Road, leisure activities at Horfield Sports centre and a vast array of large employers.
ACCOMMODATION -
The ground floor accommodation comprises an entrance hall, an open-plan kitchen, living and dining space with door onto the rear garden, and two bedrooms. On the first floor are three further bedrooms, a bathroom and a practical utility cupboard. The converted loft space provides the final double bedroom and a further shower room.
Please refer to floorplan for approximate room measurements and internal layout.
RENTAL DETAILS -
The property is let to 6 students on a single Assured Shorthold Tenancy agreement until 30 June 2026 at a rent of £4,050 pcm (£48,600 per annum).
HMO LICENSING & PLANNING -
An HMO licence for 6 persons was granted on 18/06/2021. The property has been operating as an HMO since 2015 and a Certificate of Lawfulness for HMO (C4 Use) was granted on 4 August 2025 under Application No. 25/13182/CE.
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.
ADDITIONAL INFORMATION -
The property was completely renovated in 2015 including full rewire (Building Regulation certificates in legal pack).
A new combination boiler was installed in February 2025 - Worcester Bosch Greenstar 4000 with 10 year warranty.
New EICR in August 2025.
New EPC in July 2025 - Rating C.
Grade A Fire Alarm System.
TENURE -
The property is for sale on a freehold basis, subject to the exiting tenancy agreement.
PHOTOGRAPHS -
Please note, some of the photographs included in the marketing details were taken prior to tenants moving in.
COMPLETION -
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: C
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 £1,800 plus VAT (£2,160 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 is £5,000.
If you bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 plus 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.
