>
6 bedroom house for sale
Hotwell Road, Hotwells
£580,000
Hotwell Road, Hotwells
£580,000
Price History
Initial price | £600,000 |
03/10/24 | £580,000 |
Price Change | -3.33% |
Description
This substantial 1800sqft HMO-licensed Georgian terrace is a rare opportunity for investors or those seeking a unique property. Situated in the highly sought-after Hotwells area, just a short walk from the city centre and countryside, the property boasts many original features, including panelled shutters, moulded ceilings, and sash windows. The four-story property has been licensed for five rooms, currently generating an annual income of £31,320, but has scope for six rooms, potentially increasing the annual rent to £57,600. The property features a mix of bedrooms, bathrooms, and reception rooms across its four floors, with a lovely secluded city garden to the rear. With a 2000-year lease from 1917 and a ground rent of circa £17, this property offers a solid investment opportunity for those looking to capitalize on its potential.