Fully licensed 6-bed HMO in Clifton — immediate income, strong student demand..
Licensed 6-bed HMO; fully let producing £59,760 pa
Short walk to University of Bristol and Whiteladies Road
Private lower-ground garden; direct external access
Leasehold with 999 years remaining; sold with tenancies
EPC rating E; electric room heaters, likely higher running costs
Solid stone walls assumed uninsulated; retrofit may be needed
Historic (lapsed) permission to convert into 2 x 2-bed flats
No fixed monthly management fee; ad-hoc expenditure calls possible
A high-yield, purpose-configured 6-bedroom HMO positioned in Clifton, a short walk from the University of Bristol and Whiteladies Road. The lower-ground leasehold flat (1,208 sq ft) is fully licensed and fully let for the 2024/25 academic year, producing £59,760 pa on a single AST — an immediate income asset for a buy-to-let portfolio.
The layout comprises six bedrooms, two bathrooms, a communal lounge, separate kitchen and a small private garden accessed at lower-ground level. The building is a period semi-detached property with double glazing and character features; internal space is efficient rather than generous, reflecting typical Clifton student conversions. Heating is by electric room heaters and the building’s solid stone walls are assumed uninsulated, so running costs may be higher than modern systems.
Important transactional points: the property is leasehold (residue of 999 years), sold subject to existing tenancies, and benefits from full HMO licensing. There is historic planning permission (now lapsed) to reconfigure into two 2-bed flats if a purchaser wants alternative use, but that consent is not current. Management operates on an ad-hoc funding basis (no fixed monthly service charge) — refer to the legal pack for details.
This is a straightforward purchase for an investor seeking immediate rental income and strong student demand in Clifton. Prospective buyers should budget for normal HMO maintenance and possible upgrades to heating, energy efficiency (EPC E) and finishes when planning future rent increases or alternative reconfiguration.