Wootton Park, Bristol, Somerset, BS14 9AQ

For Sale Via Online Auction. Fees Apply. This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted.

Ultimately a transparent process which provides speed, security and certainty for all parties. The property currently generates an impressive £45,900 per annum.

The property is configured to meet current local authority licensing and compliance requirements, including fire safety, electrical and gas safety, and amenity standards.

Current Rental Income: £3,825 per month | £45,900 per annum Key Features Property Type: End-terrace house converted into a fully licensed HMO Tenure: Freehold Configuration: 6 bedrooms, each let individually on an AST with bills included Bathrooms: 2 shared bathrooms Living Accommodation: 2 reception rooms providing excellent communal space Kitchen: Modern, well-equipped communal kitchen Communal Areas: Well-maintained throughout Parking: Parking to the front Garden: Rear garden Licensing & Compliance: Fully licensed by the local authority Safety: Current Gas, Electrical and Fire Safety certificates Occupancy: Fully tenanted with professional tenants Council Tax: Band C EPC: C Location: Situated in a high-demand rental area with excellent transport links and convenient access to local amenities Investment Highlights The property currently generates £3,825 per calendar month, equating to an impressive £45,900 per annum.

At the starting bid price, the property offers an attractive 13% gross yield, with potential for further rental uplift through future rent optimisation and rental growth.

The property benefits from an established tenant profile, an existing HMO licence and strong rental demand, making this a ready-to-go investment opportunity for both experienced landlords and investors looking to expand their portfolio.

Schedule of Tenancies Room Tenancy Rent Room 1 AST £650 pcm Room 2 AST £675 pcm Room 3 AST £650 pcm Room 4 AST £550 pcm Room 5 AST £650 pcm Room 6 AST £650 pcm Total £3,870 pcm / £45,900 pa Please Note: We understand that the rental figures include council rates, broadband and utilities.

Sale Details Sold subject to existing tenancies.

Tenure: Freehold Council Tax: Band C EPC: C This represents an excellent opportunity to acquire a fully occupied, licensed HMO with an established income stream, offering an attractive combination of income, strong rental demand and potential for future growth.

Description   The property currently generates an impressive £45,900 per annum.

Key Features Property Type: End-terrace house converted into a fully licensed HMO Location   Wootton Park, Bristol, BS14 EPC   Rating C Tenure   BL99397 - Freehold Additional Information   For further information please contact our office directly on , or alternatively via email on .

With regards to viewing subject property, this is to be done strictly by appointment. Auctioneers Additional Comments   Pattinson Auction are referred to as The Auctioneer.

This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.

The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.

The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.

Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.

The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.

Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments   The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.

The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.

An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.

The Legal Pack will also outline the buyers obligations and sellers commitments.

It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments   In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.

The deposit will form part of the purchase price.

A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.

The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.

Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.

There is no requirement or obligation to use any recommended suppliers or services.