Hillsborough Road, Bristol
7 6
£650,000 Guide Price House of multiple occupation for sale
Description
Bristol is booming! Value add with the 8th bedroom soon to be rented.
Address: 23 Hillsborough Road, Bristol, BS4 3QW
Property Type: 7-Bedroom, 6-Bathroom (5 Ensuite) HMO
Tenant Type: Working Professionals
Planning Approval: Approved for an 8th Room
Prime Location & Economic Strength
Bristol is one of the UK’s most vibrant and economically diverse cities, making it a highly attractive market for property investors. The city has a thriving economy with key sectors including aerospace, technology, finance, and creative industries. Major employers such as Airbus, Rolls-Royce, the BBC, and the University of Bristol contribute to a strong job market, attracting young professionals and students seeking quality rental accommodation.
Bristol’s central location within the South West, coupled with significant regeneration projects—such as the Temple Quarter transformation—has led to sustained economic growth and rising demand for rental properties. The city's strong cultural scene, high standard of living, and excellent amenities further enhance its appeal, ensuring continued rental demand and investment potential.
Strong Tenant Demand
Bristol’s high student population and professional workforce create continuous demand for rental properties. The University of Bristol and the University of the West of England (UWE) attract thousands of students annually, ensuring a steady demand for HMOs. Additionally, Bristol’s robust job market attracts young professionals working in industries such as tech, education, healthcare, and media, all of whom require affordable, well-located accommodation.
The property at 23 Hillsborough Road is ideally positioned in a desirable residential area, providing tenants with easy access to the city centre, major employers, and transport links. With Bristol’s rising rental prices and expanding professional workforce, HMOs continue to be one of the most sought-after rental property types, ensuring high occupancy rates and strong investment returns.
Financial Summary
Income Breakdown (Monthly)
Room 1: £700.00
Room 2: £725.00
Room 3: £800.00
Room 4: £595.00
Room 5: £750.00
Room 6: £800.00
Room 7: £625.00
Total Monthly Income: £4,995.00
Annual Income: £59,940.00
Expenditure Breakdown (Monthly)
Gas: £116.75
Electric: £135.25
Water: £132.00
Council Tax: £182.00
TV License: £15.00
Broadband: £38.40
Cleaner: £75.11
Management: £599.40
Total Monthly Expenditure: £1,293.91
Annual Expenditure: £15,526.92
Net Annual Income: £44,413.08 (Total Income - Total Expenditure)
Yields:
Gross Yield: 9.22% (calculated as Annual Income / Sale Price)
Net Yield: 6.83% (calculated as Net Annual Income / Sale Price)
Future Rental Potential – Approved 8th Room
Planning approved for 8 rooms, with the large communal dining area to be converted into an 8th bedroom.
Projected Additional Monthly Income: £600.00
Projected Total Monthly Income (8 Rooms): £5,595.00
Projected Total Annual Income: £67,140.00
Conclusion
The HMO at 23 Hillsborough Road, Bristol presents an exceptional investment opportunity in one of the UK’s most in-demand rental markets. With a strong yield, planning approval for expansion, and high tenant demand, this property offers a low-maintenance, high-income investment with the potential for future value appreciation.
Given Bristol’s continued economic growth, strong transport links, and large professional workforce, this property is an ideal choice for investors seeking long-term rental stability and capital appreciation.
HMO Sales Expert are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with NO BUYER FEES or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you.
Gross Yield: 9.22%
Area Description
Bristol, one of the UK's most vibrant and economically diverse cities, offers significant investment potential, especially within the residential rental market. As a leading hub for technology, aerospace, and creative industries, the city boasts a strong and expanding economy. Key employers include multinational companies like Airbus, Rolls-Royce, and the BBC, alongside growing tech firms and the University of Bristol. The city's thriving economy, coupled with its status as a cultural and educational center, ensures a steady demand for housing, particularly in well-connected areas such as the location of the property at 23 Hillsborough Road, BS4 3QW. Bristol's central location within the South West of England makes it an appealing place to live, work, and invest, attracting professionals and students alike.
Tenant demand in Bristol remains strong, driven by the city's large student population and growing number of young professionals. The University of Bristol and Bristol University provide a steady stream of students, creating high demand for student accommodation and shared housing options like HMOs. Additionally, the city's robust job market, particularly in the tech, education, and creative sectors, attracts young professionals looking for affordable yet well-located housing. The property at 23 Hillsborough Road is ideally situated, offering easy access to local amenities, the city center, and key employment hubs. With an increasing number of people choosing to live in Bristol due to its high quality of life, cultural offerings, and career opportunities, the demand for rental properties is set to remain high.
Bristol benefits from excellent transport links, which further enhance its appeal for both tenants and investors. The city is well-connected by road, with the M4 and M5 motorways providing direct access to London, the Midlands, and the South West. Bristol Temple Meads railway station offers direct services to London, Cardiff, and other major cities, making it an ideal location for commuters. The city also boasts an extensive bus and cycle network, ensuring easy access to all areas of Bristol. Ongoing regeneration projects, including the transformation of the Temple Quarter area and the expansion of the city's infrastructure, are set to enhance the city’s connectivity and livability. With a wide range of attractions, including the historic Harbourside, Bristol Zoo, and numerous green spaces, the city offers a high quality of life for its residents. These factors combine to make Bristol a prime location for property investment, with strong growth potential and a stable rental market.
Additional Details
- Bedrooms: 7 Bedrooms
- Bathrooms: 6 Bathrooms
- Ensuites: 5 Ensuites
- Additional Toilets: 1 Toilet
- Kitchens: 1 Kitchen
- Dining Rooms: 2 Dining Rooms
- Tenure: Leasehold
- Lease Remaining: 938 years
- Rights and Easements: Ask Agent
- Risks: Ask Agent
Additional Features
- Investment Opportunity
Broadband Speeds
- Download: 15mbps - 1000mbps
- Upload: 1mbps - 100mbps
Estimated broadband speeds provided by Ofcom for this property's postcode.
Features
- Prime Location: Situated in Bristol, a thriving hub for aerospace, tech, and finance, ensuring strong tenant demand.
- High Tenant Demand: Close to major employers, universities, and transport links, attracting professionals and students.
- Strong Yields: Generates a gross yield of 9.22% and a net yield of 6.83%, providing solid investment returns.
- Low Vacancy Risk: High demand for HMOs in Bristol ensures consistent occupancy and steady rental income.
- Future Growth Potential: Planning approved for an 8th room, increasing rental income to a projected £67,140 annually.
- Excellent Transport Links: Well-connected by train, road, and bus networks, with easy access to London and beyond.
- Ongoing Regeneration: Major projects like Temple Quarter redevelopment enhance infrastructure and property values.
- Turnkey Investment: Fully tenanted, with strong cash flow and minimal management requirements for investors.
Enquiry
To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.
