GUIDE PRICE : £500 K +++
PROPERTY AREA 4016.0 ft 2 /373.1 m 2
30 5, Ninetree Hill, Stokes Croft/Kingsdown Borders, BRISTOL BS1 3SB A 12 Bed HMO A large Freehold end of terrace 1970s property that was converted 8 years ago into a 12 bed HMO student investment property. • Excellent long term investment currently producing an income of £64,080 PA . (£445 PER ROOM / PCM ) • There is scope to create a 13th bedroom in the lounge area subject to consents. • Long term there is clearly scope to develop the site by either adding an extra storey and circa 10 bedrooms or for a larger scale demolition and flat development - all subject to gaining the necessary consents. • Nine Tree Hill is located within the cultural suburb of Stokes Croft just off the Cotham/Kingsdown borders. • The vibrant Cheltenham Road is nearby and offers an array of independent retailers, cafes, bar, pubs and restaurants. • Bristol City Centre is less than a mile away.
Mark Beaumont, STAR LEGAL LIMITED Incorporating Lindleys Solicitors
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