Property Details: • Type: N/A
• Bedrooms: 8 • Bathrooms: 0
Description: Hollis Morgan – June live online auction - A Freehold period property ( 1776 Sq Ft ) arranged as 8 bed licensed HMO with scope for at £72,000 income pa | Scope for basic updating.<br><br><strong>For Sale By Live Online Auction</strong><br><br>Address | 615 Gloucester Road, Horfield, Bristol BS7 0BJ<br><br>Lot Number tbc<br><br>The Live Online Auction is on Wednesday 17th June 2026 @ 12:00 Noon<br>Registration Deadline is on Friday 12th June 2026 @ 16:00<br><br>The Auction will be streamed live online via the Hollis Morgan website & you can choose to bid by telephone, proxy or via your computer.<br>Registration is a simple online process – please visit the Hollis Morgan auction website and click “register to bid”<br><br><strong>The Property</strong><br><br>An imposing mid terraced bay fronted Freehold period property with accommodation ( 1776 Sq Ft ) arranged over 3 floors with enclosed rear garden in this prime location on the Gloucester Road overlooking Horfield Common.<br>The property is arranged as a fully licensed 8 bedroom HMO with 3 bathrooms and a generous communal kitchen diner.<br>Sold subject to existing tenancies.<br><br>Tenure - Freehold<br>Council Tax - D<br>EPC - D<br><br><strong>The Opportunity</strong><br><br>HMO investment | basic updating | £72,000 pa<br><br>The property has been let for many years as a fully licensed 8 bedroom HMO and there is now scope for basic updating<br>Currently let to a single group of students on an AST contract terminating 31/07/26 and paying £4400 pcm | £52,800 pa<br><br>The property is not let for the next academic year and will be vacant from 31/07/26 to allow for any updating.<br>There is potential to increase the student income to £750 per room pcm | £6,000 pcm | £72,000 pa once works are completed.<br><br>Interested parties may also consider renting as a professional HMO with scope to improve the communal kitchen / living space and create en suite bathrooms.<br>All subject to gaining the necessary consents.<br><strong>Family home<br></strong><br><br>The property overlooks Horfield Common and has scope for a fine family home in this sought after location close to local shops and schools.<br><br><strong>Location</strong><br><br>The property is located on the Gloucester Road is located within the popular suburb of Horfield.
