Redland Road | Redland
For Sale
A fantastic high yielding investment opportunity - this substantial 5 double bedroom HMO freehold maisonette produces a rental income of £50,100 per annum, a 6.81% yield at the guide price.
Already let for 2025/26 academic year at the above rental figure, making it an attractive ongoing investment.
Sold with all furniture (if guide price achieved).
Off road parking space to the rear of the property, off a rear access lane.
The maisonette owns the front garden and the freehold to the building.
An exceptionally well presented high quality rental investment property in a central Redland location with an attractive rental income and very recent HMO licence renewal.
Property Features
- A fantastic high yielding prime investment opportunity
- A 5 double bedroom HMO - £50,100 p.a.
- Already let for 2025/26 academic year
- Sold with all furniture (if guide price achieved)
- Rental income of £50,100 p.a. (6.81% yield)
- Off road parking space to rear of the property
- The maisonette owns the Freehold
ACCOMMODATION
APPROACH:
via communal entrance, with the private entrance to the upper maisonette straight ahead of you.
ENTRANCE HALLWAY:
a small entrance hallway with staircase rising into the maisonette, giving it the feeling of a house.
FIRST FLOOR
LANDING:
doors off to open plan kitchen/dining/living space, 3 double bedrooms, cloakroom/wc and shower room, as well a staircase rising to the top floor landing.
KITCHEN/DINING/LIVING ROOM: (18' 10'' x 12' 6'') (5.74m x 3.81m)
modern fitted kitchen comprising base and eye level units with white handle-less cupboards, worktop with inset sink, integrated oven, hob and extractor, space for fridge and dishwasher, wide bay to front comprising double glazed windows, ample space for seating and dining furniture.
BEDROOM 3: (11' 10'' x 8' 10'') (3.60m x 2.69m)
double glazed window to rear and a radiator.
BEDROOM 4: (12' 5'' x 9' 9'') (3.78m x 2.97m)
a double bedroom with double glazed window to rear, built-in wardrobe and a radiator.
BEDROOM 5: (10' 7'' x 8' 9'') (3.22m x 2.66m)
double glazed window to front and a radiator.
CLOAKROOM/WC:
low level wc and wash hand basin.
SHOWER ROOM/UTILITY:
a smart shower room with shower enclosure, sink and appliance space for washing machine, dryer, freezer and additional fridge.
SECOND FLOOR
LANDING:
a central landing with useful built-in storage cupboards also housing a Viessman boiler, Velux skylight window providing natural light. Doors off to two large double bedrooms and a further shower room/wc.
BEDROOM 1: (front) (16' 8'' x 14' 11'' (5.08m x 4.54m)
spacious double bedroom with double glazed windows to front with far reaching views, radiator.
BEDROOM 2: (16' 3'' x 14' 11'') (4.95m x 4.54m)
double glazed window to rear and a radiator.
SHOWER ROOM/WC:
smart white suite comprising a shower enclosure, low level wc and wash hand basin, chrome effect heated towel rail, double glazed window to rear.
OUTSIDE
OFF ROAD PARKING:
there is a hard standing to the rear with one off road parking space for each of the two apartments in the building. This is accessed off a rear access lane from Iddesleigh Road.
FRONT GARDEN:
with bin store, artificial grass and shrubs.
IMPORTANT REMARKS
VIEWING & FURTHER INFORMATION:
available exclusively through the sole agents, Richard Harding Estate Agents, tel: 0117 946 6690.
FIXTURES & FITTINGS:
only items mentioned in these particulars are included in the sale. Any other items are not included but may be available by separate arrangement.
TENURE:
it is understood that the property is Leasehold for the remainder of a 999 year lease from 1 January 1974, with an annual ground rent of £10 p.a. This information should be checked with your legal adviser.
SERVICE CHARGE:
it is understood that there is no monthly service charge. Maintenance costs are split equally between the flats in the building as and when works are necessary. This information should be checked by your legal adviser.
LOCAL AUTHORITY INFORMATION:
Bristol City Council. Council Tax Band: D
