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See how verdicts work2 × 1-bed HMO · BS15 8QR
For saleListed 229 days
Opportunity summary
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About
Hollis Morgan – A Freehold recently developed purpose built 11 bed | 9 bath licensed HMO with scope to produce £109k income pa | Potential for 2 extra rooms stc The Property A Freehold semi detached property that has been recently developed into a purpose built HMO with accommodation ( 2309 Sq Ft ) over 3 floors providing 11 bedrooms, 9 bathroom ( 8 en suite ) and a generous contemporary communal area.
There are 3 off street parking spaces and side access leads to the enclosed low maintenance rear garden with detached garden room. Sold subject to existing tenancies.
Tenure - Freehold Council Tax - C EPC - D The Opportunity HMO investment | £9,100 pcm | £109,000 pa ( gross income ) The property is a fully licensed 11 bedroom HMO.
The vendors have been renting under a combination of AST and short terms tenancies.
We understand that if let as a pure HMO on AST contracts there is scope to generate an income of £9,100 pcm | £109,000 pa ( gross income ) 7 Rooms @ £850 pcm | 1 @ £900 pcm | 3 @ £750 pcm Income schedule Long-term tenants (1-year contracts, moved in between September–October): AST Contacts – 12 month from September / October 2025 Room 1: £820 pcm Room 4: £850 pcm Room 6: £850 pcm Room 8: £850 pcm Room 10: £750 pcm Short-term rentals ( & Airbnb ) Rooms 2,3,5,7,9,11 Please contact the auction team for details of the income history.
Garden room The detached garden room has been constructed but now requires internal fit out. There is potential for additional bedrooms / income subject to gaining the necessary consents.
Planning History 11 bed HMO P25/00575/F | Change of use from a small House in Multiple Occupation ( HMO ) for 3-6no. People, to a large HMO for up to 11no.
People ( Sui Generis ) as defined in the Town and Country Planning ( Use Classes ) Order 1987 ( as amended ).
Garden room P24/00661/clp | Erection of detached garden room to form home office / garden room and home gym.
Location Hanham is a popular urban area in South Gloucestershire on the eastern border of Bristol. It is located near to the A420 with convenient access to both Bristol and Bath.
Hanham has its own High Street with local shops, facilities and amenities. Bristol city centre is within 4 miles, Chippenham is 18 miles and Bath is 12.5 miles away.
Solicitors Naomi o’Brien Barcan + Kirby Property Details Disclaimer Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract.
All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack.
It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents.
Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens.
The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 116, Mount Hill Road, Bristol
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