5 bed terraced house for sale in Hotwell Road, Bristol BS8, £575,000

575,000.00

Offer Nr.:
65659640
Type of ad:
for Sale
Property type:
5 bed terraced house
Bedrooms:
5
Bathrooms:
3
Reception rooms:
1
Contact name:
Accommodation Unlimited
Phone(s):
0117 444 9792

* Freehold
Hotwells is the hidden gem of Bristol it is a flat walk/cycle into the city
centre. For students it is walkable to Bristol University and Bower Ashton Art
College. It is becoming increasingly popular with professional sharers and
students looking for quality property in a central location without paying the
prices demanded by Clifton Cotham and Redland. This house offers potential
landlords the opportunity to tap into this expanding market at an affordable
price
For families Hotwells offers plenty. It is a genuine community with plenty of
families attracted by Hotwells Primary School and the good quality affordable
housing and this house is an exceptional example offering flexible
accommodation over three floors ideal for an expanding family looking for
space
**Introduction**
Hotwells is the hidden gem of Bristol it is a flat walk/cycle into the city
centre. For students it is walkable to Bristol University and Bower Ashton Art
College. It is becoming increasingly popular with professional sharers and
students looking for quality property in a central location without paying the
prices demanded by Clifton Cotham and Redland. This house offers potential
landlords the opportunity to tap into this expanding market at an affordable
price
For families Hotwells offers plenty. It is a genuine community with plenty of
families attracted by Hotwells Primary School and the good quality affordable
housing and this house is an exceptional example offering flexible
accommodation over three floors ideal for an expanding family looking for
extra space
**Living Room (4. 06 x 5. 25 (13'3" x 17'2"))**
This large living room is the centrepiece of the home. It has lovingly
restored stripped wood floors a log burner and the cornicing and ceiling rose
have been lovingly restored. The large bay window offers plenty of natural
light and gives views out to the river. The room offers plenty of space if
used as an HMO as a communal room
**Kitchen Diner (5. 15 x 4. 08 (16'10" x 13'4"))**
The good - sized kitchen is ideal for both families and sharers alike. There is
enough space for a dining table, the units are modern and there are enough for
every tenant to have their own space. The kitchen has been recently decorated
and the tiled floor is of the highest quality. A 5 - hob Rangemaster oven is
included in the kitchen. All that is needed is the addition of white goods.
There is a back door leading out to the garden.
**Bedroom 1 (5. 45 x 4. 6 (17'10" x 15'1"))**
This large bedroom has been exquisitely decorated by the vendors and they have
preserved the original cornicing and ceiling rose. Looking out over the river
it is flooded with natural light and has plenty of space for all that is
required in a modern furnished HMO
**Bedrrom 2 (4. 5 x 4 (14'9" x 13'1"))**
A well proportioned bedroom at the rear of the property, the vendors added an
en - suite shower room making it the obvious choice for a master bedroom. They
redecorated and preserved the original fireplace.
**Bedroom 3 (4. 66 x 3. 1 (15'3" x 10'2"))**
Situated at the front of the building. The room once again has views over the
river towards Leigh Woods . It is a good sized double and has an original
fireplace. Like the rest of the property it has been recently decorated. There
is an interconnecting door to Bedroom 5. If you were looking to let this as an
HMO we would recommend blocking this door off
**Bedroom 4 (3 x4 (9'10" x13'1"))**
A delightful double room at the rear of the property. This would make a great
child's room if used as a family property. It is plenty big enough to be used
as a double bedroom
**Bedroom 5 (4. 66 x 1. 9 (15'3" x 6'2"))**
This is the smallest bedroom, but as a bedroom in an HMO this is a good sized
double. Experienced operators will understand that in many other properties
this would be the biggest room in the house. As stated previously there is an
interconnecting door to Bedroom 3, that could easily be blocked off
**Family Bathroom (2 - 2 x 4. 1 (6'6" - 6'6" x 13'5"))**
A large family bathroom. The vendors have upgraded this in their time here by
installing a period style claw foot bath a stunning tiled floor and metro
style wall tiles. They have also retained the original fireplace. This is a
stylish bathroom that would grace any home
**Cellar**
The property benefits from a cellar. We understand that there is no power nor
has it been tanked out. There may be an opportunity to utilise this area but
it would be up to you as a purchaser to make the proper investigations
**Outside**
The property faces directly onto Hotwells Rd and therefore there is no parking
outside the property. The house is also in the low emission zone, and whilst
this might prove an issue for potential family purchasers, we feel that
today’s modern sharer is unlikely to need or want a car and so should not be
an issue for those looking to purchase this property as a buy to let
investment. However, there is ample parking at the bottom of Freeland Place,
as short walk from the property.
To the rear of the property is a good - sized sloping garden
**Buy To Let Investment**
We rarely see properties so suited to buy to let investment. All the rooms are
doubles and with a large communal area and big kitchen there is plenty of
space. The quality of decor and finish throughout means that any potential
purchaser will have a "key ready" property which because of its quality will
command a premium rent. Our rental department have inspected the property and
feel that in the current market a minimum of £650 per room per month would be
easily achievable. Based on this as a minimum we calculate that this would
give a gross return of 6. 78% on the purchase price
**Family Home**
If you are looking for a large family home in BS8 and don't have £1, 000, 000 to
spare then this is a great opportunity. If parking is not an issue for you,
then this is a property you and your family could grow into over many years.
It is in top condition, the vendors have spent £100, 000 upgrading the property
whilst retaining many of its original features, and all you would need to do
is unpack and start enjoying life in Hotwells

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