Income-producing 4-bed HMO with modern extension and driveway, vacant possibility July 2026.
Passing rent £34,800 pa (approx. 9% gross yield)
A practical investment in Downend: this mid-terrace four-bedroom HMO returns a passing rent of £34,800 pa (around 9% gross on the £395,000 price). The property is presented with a contemporary, high-spec finish and a modern rear extension with bi-fold doors creating a generous open-plan kitchen-diner/communal area that opens onto a modest rear garden.
Currently fully let to students for the 2025/26 academic year, the house is compliant with HMO standards for space, fire, gas and electrical safety. Tenants currently cover most utility costs and student occupants are council tax exempt. Off-street parking and a private driveway add practical value for multi-occupancy use or a future family buyer.
There are clear considerations: the local area records higher-than-average deprivation and is described as a renting, hard-pressed community — factors that may affect long-term capital growth. The plot is small and the house footprint modest (1,087 sq ft). Walls are cavity-built with assumed no insulation, and the glazing install date is unknown. The property has an EPC C and mains gas central heating via boiler and radiators.
Purchasers seeking residential possession should note the HMO tenancy runs until 31 July 2026; vacant possession for family use is achievable at that time. Licensing for a 4-person HMO is optional under the local authority; confirm current regulatory requirements and any licence renewals before purchase. Overall, this is a well-presented, income-producing HMO with straightforward management potential or the option to convert to a family home when vacant.