Licensed 7-bedroom HMO, fully operational
A rare licensed 7-bedroom HMO in prime Southville, offering over 1,500 sq ft of flexible accommodation across three floors. The property blends Victorian period detail with practical upgrades such as double glazing, gas central heating and low-energy lighting, making it immediately lettable or straightforward to reconfigure as a spacious family home.
Located on Coronation Road near North Street, Wapping Wharf and the city centre, the house benefits from strong transport links and local amenities. Currently income-producing with an achieved yield around 6% and scope (market dependent) to increase, it will appeal to buy-to-let investors seeking an established HMO and to buyers wanting conversion potential in a highly desirable neighbourhood.
Material considerations: sale is by modern auction with a non-refundable reservation fee (4.5% of purchase price, minimum £6,600 including VAT) and other buyer fees apply. The property has a small paved courtyard in worn condition and some external surfaces may need repair. The building is mid-terrace, pre-1900 construction with solid brick walls (no insulation assumed), so buyers should allow for possible refurbishment or insulation works when budgeting.
This is a pragmatic opportunity in a sought-after Bristol location — strong rental demand and flexible layout, offset by auction buying costs and some maintenance/upgrade needs. Interested purchasers should review the buyer information pack and carry out full due diligence before bidding.