Property Details: - Type: Terraced house - Bedrooms: 5 - Bathrooms: 5

Agent: Keller Williams Oxygen - Home Counties Phone: 01628 246815

SUMMARY OF ACCOMMODATION<br/><br/>Licensed 5-bed (up to 6 person) HMO. Four double bedrooms and one single bedroom with four en-suite shower rooms plus one further bathroom exclusive to bedroom 5. The property has a well-appointed kitchen and conservatory/sitting room providing communal space. Front and rear gravelled courtyard gardens. Driveway and free on-road parking immediately outside.<br/><br/>External Areas: Drive and free on-road parking is available immediately outside.<br/><br/>LOCATION<br/>Yate is well-connected between Bristol, Bath and Gloucester. Yate train station is within easy walking distance (trains every 30 minutes to Bristol); the bus stop is immediately outside the property. The property is within easy walking distance of Yate Shopping Centre and adjacent to Kingsgate Park. Full location overview provided separately.<br/><br/>RENTAL INCOME: Currently fully let at £42,000 per annum<br/>ASKING PRICE: Offers invited in the region of £375,000<br/>YIELD: Circa 11% (ARY)<br/>MONTHLY BILLS: Tenants bills inclusive: gas, electricity, water, broadband and council tax.<br/><br/>Yate: A thriving town with strong local economic opportunities<br/><br/>Yate is a well-established town 12 miles northeast of central Bristol, with a population of 22,000. Due to its excellent location between Bristol, Bath, and Oxford, Yate has established itself as a strong industrial and logistics economic base with major employers in close proximity and a strong local economy. Yate also has an excellent service sector, with 11.8 million visitors to Yate per year. In terms of economy, Yate is ranked in the top 7% of all local authorities by Gross Domestic Product (Yate Baseline Report, SGC, 2018).<br/><br/>Major employers in the Yate area include:<br/><br/>- IAC Group (automotive manufacturing)<br/>- Royal Mail & DHL distribution<br/>- Morrisons, Tesco, Lidl, Waitrose, B&Q, etc.<br/>- Retail offering at Yate Shopping Centre with national occupiers.<br/>- Industrial & Distribution at Station Road / Beeches Trading Estate.<br/>- Professional services firms in Yate town centre.<br/><br/>Major employers within 6 miles (Filton/North Bristol):<br/><br/>- Airbus / Rolls-Royce / GKN Aerospace / BAE Systems<br/>- MOD Abbey Wood (14,000 employees)<br/>- NHS Trust Southmead Hospital<br/>- Royal Mail Bristol Mail / Amazon Distribution Centre (Severn Beach)<br/><br/>The town's economy benefits from its proximity to Bristol's employment hubs while offering more affordable living costs. Established transport links make it convenient for commuters working in Bristol's tech and aerospace sectors.<br/><br/>Education includes four secondary schools and multiple primary schools. The town offers comprehensive amenities including a leisure centre and library, while maintaining easy access to Bristol's cultural attractions and employment opportunities.<br/><br/>MATERIAL INFORMATION<br/>- Tenure: Freehold<br/>- Local Authority: South Gloucestershire<br/>- HMO Licence: 5 bedrooms / up to 6 occupants<br/>- Article 4 Area: No<br/>- EPC: C<br/>- Council Tax Band: Band B<br/>- Services: We understand all services to be connected<br/>- Heating: Mains gas central heating and double glazing throughout.<br/>- Internet: High Speed Broadband / WiFi<br/>- Mobile Phone: Coverage for EE, O2, Vodafone and Three<br/><br/>ACCOMMODATION<br/>- Hallway: Large and bright entrance hallway.<br/>- Kitchen: 10'2" x 9'1" (3.10m x 2.77m) Kitchen with access to conservatory and garden.<br/>- Conservatory/Reception: 9'11" x 6'6" (3.02m x 1.98m) Communal reception space with access to rear garden.<br/>- Bedroom 1: 12'10" x 11'6" (3.91m x 3.51m): Double bedroom with private en-suite.<br/>- Bedroom 2: 10'5" x 9'8" (3.18m x 2.95m) Double bedroom with private en-suite.<br/>- Bedroom 3: 13'5" x 11'7" (4.27m x 4.09m) Double bedroom with private en-suite. Licensed for couple or twin occupancy.<br/>- Bedroom 4: 13'7" x 10'1" (4.14m x 3.07m) Double bedroom with private en-suite.<br/>- Bedroom 5: 8'11" x 7'11" (2.72m x 2.41m) First floor single bedroom with use of bathroom.<br/>- Bathroom: Bathroom with bath, toilet and basin for the exclusive use of Bedroom 5.<br/><br/>External: Front drive for parking and rear courtyard garden with space for socialising, includes a shed and room for bike storage.