30 Westminster Road, Whitehall, BS5 9AW
Hollis MorganHollis Morgan is a leading independent property auctioneer and estate agent based in Bristol. They specialise in residential and commercial sales, land, and development opportunities, holding regular property auctions with a strong track record of success across the South West.
Read more Read more*** POSTPONED *** ADDRESS | 30 Westminster Road, Whitehall, Bristol BS5 9A Lot Number 57 The Live Online Auction is on Wednesday 23rd July 2025 @ 17:30 Registration Deadline is on Monday 21st July 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 terraced period property with spacious accommodation ( 1209 Sq Ft ) arranged over 3 floors with enclosed rear garden. The property was recently converted into a purpose built 5 bedroom | 5 Bathroom HMO investment with spacious open plan kitchen / diner / living space opening onto the rear garden. Sold subject to existing tenants. Tenure - Freehold Council Tax - Band B EPC - C RESIDENTIAL HMO INVESTMENT The property is let on individual AST contracts producing £42,120 pa with scope to increase to £46,320 pa. We understand the rent is inclusive of bills. CURRENT SCHEDULE OF INCOME | £42,120 pa Room 1 – £760 pcm – Tenancy Start: 20/09/2024 Room 2 – £700 pcm – Tenancy Start: 24/08/2024 Room 3 – £750 pcm – Tenancy Start: 28/04/2023 Room 4 – £675 pcm – Tenancy Start: 01/08/2022 Room 5 – £625 pcm – Tenancy Start May 2021 Total - £3510 pcm | £42,120 pa PROPOSED SCHEDULE OF INCOME | £46,320 pa Some of the tenants have been in situ for a period of time and the managing agents KPA Property Ltd ( www.kpa.co.uk ) have advise there is scope for the following rental increases. Room 1- £760 pcm Room 2 – £800 pcm Room 3 – £800 pcm Room 4 – £750 pcm Room 5 – £750 pcm Total – £3860 pcm | £46,320 pa Laura Roberts Barcan + Kirby 0117 3252929 [email protected] https://barcankirby.co.uk/ EXTENDED COMPLETION Completion is set for 8 weeks or earlier subject to mutual consent. We have been informed by our client’s solicitors that the legal pack for this lot is now complete. Should any last minute addendums occur you will be automatically notified by email. If the vendors have indicated they are willing to consider pre-auction offers, now is the time to submit your offer by completing the pre-auction offer form.
