£737 K SOLD
LOT 4
GUIDE PRICE : £650 K +++ 23, WHATLEY ROAD, CLIFTON, BS8 2PS
Clifton
PROPERTY AREA 2437.0 ft 2 /226.1 m 2
HMO investment/family home A Freehold mid terrace Clifton Townhouse (2437ft 2 ) arranged over 4 floors with enclosed rear garden in the heart of Clifton just a few hundred yards from Whiteladies Road – HMO licensed. • Investment/increase rental incomes The property is currently let to 6 individual tenants on an AST agreement with the tenancy terminating in June 2018. The rooms are let for £350 PCM , producing £2,100 PCM . The rents are below market rates and we would anticipate that once renovated the property would achieve circa £500-£650 PER ROOM / PCM Potential Income £36K-£46K PA • Family home/renovation project The property would now benefit from basic updating having been let for many years but would make a fine home in this highly sought after location.
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• Rental Appraisal: Clifton Rentals:
Students - £550 per room £39600pa
SOLICITORS
contact:
Janice Cowley, Bond Dickinson
Email: janice.cowley@bonddickinson.com
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