Income-ready property with conversion potential near North Street amenities.
Fully licensed seven-bedroom HMO, freehold
A fully licensed seven-bedroom HMO on Coronation Road, Southville, offering over 1,500 sq ft of adaptable, income-producing accommodation. The property blends Victorian character with practical upgrades — double glazing, gas central heating and low-energy lighting — and sits close to North Street, Wapping Wharf and the city centre.
Currently achieving an estimated rental yield of around 6% with scope to increase to circa 8%, this mid-terrace property suits buy-to-let investors seeking immediate cashflow, or an owner-occupier wanting to convert back to a generous family home. The multi-storey layout and room sizes provide flexibility for communal living or reconfiguration.
Material considerations: the sale is by Modern Auction with an undisclosed reserve price and a non-refundable reservation fee (4.5% of purchase price, minimum £6,600) plus buyer fees and associated auction charges. The rear courtyard is small, paved and shows wear requiring repair or repaving. The building’s solid-brick walls are assumed uninsulated, which may affect long-term energy performance and refurbishment costs.
Overall this freehold terraced house offers a rare licensed HMO opportunity in a high-demand Bristol location. Investors should allow for auction-related costs and planned exterior maintenance; buyers seeking renovation potential will find scope to enhance returns or restore the property to a spacious family layout.
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