Summary - 60 MONKS PARK AVENUE BRISTOL BS7 0UH
4 bed 1 bath Semi-Detached
Turnkey rental income now, with clear potential to convert to family use later..
Currently let as licensed 4-bed HMO generating £28,800 pa
Freehold 1930s semi with approx. 893 sq ft living space
Large rear garden; scope for landscaping or extension (subject to planning)
Driveway with off-street parking for two cars
EPC rating E; internal fittings dated and need modernisation
Cavity walls as-built with no known added insulation
High local crime level; purchasers should factor insurance/security
Sold at online auction; buyer’s premium £1,800 + VAT, 8-week completion
Set on a residential street in Horfield, this 1930s semi offers immediate rental income as a licensed 4-bed HMO, producing £28,800 per year. The freehold house (approx. 893 sq ft) is liveable but shows mid‑20th century fittings and will benefit from cosmetic modernisation to maximise value. An EPC rating of E is recorded.
The house has genuine add‑value potential: at the end of the current tenancy it can be reinstated as a 3‑bed family home, or upgraded to increase rent. Practical extras include off‑street parking for two cars and a generous rear garden with scope for landscaping or extension (subject to planning).
Buyers should note this lot is being sold at online auction with a buyer’s premium (£1,800 + VAT) and an 8‑week completion period from exchange. The property is HMO licensed for four occupants (licence dated 11/08/2023) and is not in an Article 4 area; prospective purchasers must review the auction legal pack and confirm licensing/planning compliance themselves.
Important condition points: internal fixtures are dated and will require updating; cavity walls are original with no known added insulation; the EPC is E; the local crime level is higher than average. This is suited to investors seeking an income stream or buyers willing to refurbish for owner occupation.
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