HMO INVESTMENT | £42K PA, 5 bedroom, House - Terraced - 33744798

ADDRESS | 21 Lancelot Road, Stoke Park, Bristol BS16 1WG Lot Number TBC The Live Online Auction is on Wednesday 14th May 2025 @ 17:30 Registration Deadline is on Monday 12th May 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 5 bedroom, 3 bathroom modern mid terraced town house with accommodation ( 1359 Sq Ft ) arranged over 3 floors with sperate kitchen and reception room plus integral garage and off street parking. Sold subject to existing and proposed tenancies. Tenure - Freehold Council Tax - Band D EPC - C STUDENT HMO INVESTMENT The property is let on a single AST contract to a group of 5 students. 2024 / 25 Academic Year - £3580 pcm | £42,960 pa 2025 / 26 Academic Year - £3500 pcm | £42,000 pa Please refer to legal pack for copies of AST contracts. GARAGE | EXTRA ROOM The integral garage has scope for conversion into an additional bedroom 6 PARKING | EXTRA SPACE There is scope for two parking spaces subject to landscaping. All above subject to gaining the necessary consents. Maria Schultz Woodstock Legal Services 0330 088 5792 m.schultz@woodstocklegalservices.co.uk https://www.woodstocklegalservices.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.