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4 bedroom terraced house for sale

Mortimer Road, Bristol BS34
Level access
Terraced house
4 beds
2 baths
775
EPC rating: C
Added < 7 days

Key information

TenureFreehold
Council taxBand B
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Key Facts & Figures Guaranteed Rent - £2400pcm / £28,800pa Guaranteed Gross Annual Yield - 8.23% EPC - C Council Tax Band - B Article 4 Consent in Place - Permitted Development for Attic Conversion
  • Let to Professionals on 12-month Contract Tenants pay Bills - Lower Landlord Overheads High-Spec Renovation throughout

Mortimer Road, is an exceptional four-bedroom HMO that represents a straightforward, high-yield investment opportunity guaranteeing returns from day one.

This property has been recently renovated throughout to a high specification and is currently let to four working professionals on a single 12-month tenancy agreement, producing £2,400 per calendar month in rental income, equating to a compelling minimum yield of 7.68%.

Importantly, the tenants pay the bills under their agreement, significantly reducing ongoing costs and management complexity, and preventing your yield being eaten into any further.

Internally, the accommodation comprises four double bedrooms, each thoughtfully designed, together with two contemporary bathrooms finished to a stylish standard.

The property is furnished to a good quality throughout, meaning it’s truly move-in ready for investors and can continue operating as a successful HMO with minimal effort.

A key feature of this investment is the planning article in place which grants consent to expand the property’s HMO potential - most notably by extending into the roof space (subject to the usual consents and building control sign-off). This opens up a clear route to adding future value, increasing rental capacity, maximising returns and return on investment.

The seller already had a full marketing package completed for the property when completed, showing off the property in its best possible light. They are happy to share the photos, floorplan and video tour with any future owner to ensure they secure the best possible rental price when re-letting in the future.

As a tenancy is already in place in the property, this opportunity is only suitable to investors.

Please note, we offer reservation agreements to buyers on every purchase. This enables you as the buyer to purchase the property in a more secure and safe way. Please contact us for more information.

Area statistics

Crime score
Moderate crime
4/10
Home prices (average)
4 bedroom terraced houses
£512,190

About this agent

eXp UK - South West
eXp UK - South West
114 St. Martin's Lane London, England WC2N 4BE
020 3641 1316
Full profileProperty listings
eXp UK are the newest estate agency business, powering individual agents around the UK to provide a personal service and experience to help get you moved. Here are the top 7 things you need to know when moving home: Get your house valued by 3 different agents before you put it on the market Don't pick the agent that values it the highest, without evidence of other properties sold in the same area It's always best to put your house on the market before you find a property The estate agent acts for the seller and is there to get the seller the best price possible Understand the length of time it can take - 14 weeks from when you accept an offer, or have an offer accepted to move in! A long time! It can get stressful, but speak to your agent and your solicitor and they will put you in the picture Be nice to estate agents - we're pretty nice people, offer some great advice and will help to get you moved.
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