5 BED HMO | RETAIL UNIT | ASHLEY DOWN, 5 bedroom, Commercial - 33625510

*** SOLD @ MARCH LIVE ONLINE AUCTION *** GUIDE PRICE £385,000 +++ SOLD @ £415,000 ADDRESS | 14 Ashley Down Road, Ashley Down, Bristol BS7 9JW Lot Number 11 The Live Online Auction is on Wednesday 12th March 2025 @ 17:30 Registration Deadline is on Monday 10th March 2025 @ 16:00 The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer. Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID” A Freehold mixed use property with accommodation ( 1303 Sq Ft ) arranged over 3 floors with enclosed rear garden. The property has a self contained ground floor retail unit across the front section that had previously operated as an independent tailor, the remaining ground floor and 2 upper floors are arranged as a licensed 5 bedroom HMO with bathroom and kitchen. Sold with vacant possession. Tenure - Freehold Council Tax - Band B EPC - E Utilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal Pack HMO | BASIC UPDATING The HMO has been let for many years but is now vacant and in need of updating in this highly sought after locations ideally suited for both professionals and students at both UWE and Bristol Uni. RETAIL UNIT | GROUND FLOOR There is potential to include the retail unit into the HMO accommodation to provide a further 2 bedrooms and improve the communal bathroom and kitchen facilities. All above subject to gaining the necessary consents. We understand no planning of this nature has been previously sought. INVESTMENT | £63,000 pa 5 Bed HMO @ £750 pcm =£45,000 pa 7 Bed HMO @ £750 pcm = £63,000 pa TBC EXTENDED COMPLETION Completion is set for 8 weeks or earlier subject to mutual consent.