93 High Street

93 High Street is a licensed six-bedroom professional HMO, currently fully let and generating £52,440 per annum in rental income. Bills are inclusive at £711 per month — covering utilities, broadband, TV licence and council tax — simplifying the income model for a new owner. At the asking price of £590,000, this represents a gross yield of approximately 11% when excluding the residual land value attributable to the development plot included in the sale.

A Certificate of Lawful Use is in place, establishing the HMO use on a secure legal footing. The property is not within an Article 4 Direction area. Conversations with South Gloucestershire Council indicate that two bedrooms are of sufficient size for double occupancy by couples, with HMO officers expressing support for a Sui Generis application — permitting a 6-bedroom, 8-person HMO and a commensurate increase in rental income.

The property is offered freehold, inclusive of a separately titled development plot to the rear (see The Property below). Lettings and management services are available upon request.

Converted to HMO use in 2022 following a comprehensive back-to-brick renovation, 93 High Street has been finished to an exceptionally high standard with careful retention of original period features — including the distinctive mosaic-tiled entrance hallway. The accommodation provides six large double bedrooms (all furnished with double beds and workstations), four bathrooms (including two en-suites), a generous communal living and dining room, a modern wrap-around kitchen fully equipped for large-scale HMO use with double ovens and double hobs, a utility room with washer and dryer, and a private rear garden.

The 2022 renovation included: damp proof course; partial roof replacement; full rewire; new heating and plumbing including a new boiler; new windows, floors and doors; full plastering of all walls and ceilings; new kitchen, utility and bathrooms; and a new garden path. This is not tired HMO stock — it is a high-specification, move-in-ready income asset.

Development Plot
Included in the sale is a freehold development plot to the rear, held under a separate title. The plot carries a C3 residential use class designation and sits within the Local Plan Built Up Area Boundary, extending to approximately 0.053 acres (excluding driveway). Four residential development options have been identified, ranging from 2 x 1-bed dwellings through to 2 x studio, 1 x 1-bed and 2 x 2-bed dwellings — see the full particulars for option drawings. The three-storey development immediately adjacent provides a massing and height precedent for a potential multi-storey rear scheme.

The plot is bounded by walls on three sides, accessed via a driveway to the side of the main property. An existing two-storey brick workshop to the side/rear would require demolition to facilitate access. No formal planning application has been submitted. The plot is free from Tree Preservation Orders, heritage restrictions and conservation designations, with all services accessible via the adopted road.

Kingswood is located just 4 miles east of Bristol city centre within South Gloucestershire, combining a suburban small town feel with easy access to Bristol's wider metropolitan area. The area is highly popular with professional renters and benefits from a bustling High Street with independent shops, eateries, and major retailers including Tesco and Sainsbury's. Nearby green spaces include Magpie Bottom and Warmley Forest Park. Kingswood is well-served by public transport with frequent bus services on routes 6, 7 and 43, and rail connections to Bristol Temple Meads in under 10 minutes via the nearby Lawrence Hill station.

Bristol itself is considered the capital of South West England, with a population of around 465,000 and over 1 million people within a 45-minute drive. The city has a diverse and resilient economy spanning aerospace, engineering, financial services, media and a rapidly expanding tech sector, with major employers including Airbus and Rolls-Royce in nearby Filton. Bristol is also home to the University of Bristol and UWE, hosting over 57,000 students combined.

93 High Street represents a compelling multi-layered investment: an established, high-yielding 6-bed professional HMO with lawful use and no Article 4 restrictions, coupled with a separate C3 residential development plot to the rear. The opportunity to add value through either planning intensification to a Sui Generis 8-person HMO or building out a new residential scheme in the rear garden offers multiple clear exit routes for an investor.

GROUND FLOOR

Spacious entrance hallway featuring the original distinctive mosaic-tiled floor.

Kitchen
Modern wrap-around kitchen fully equipped for large-scale HMO use with double ovens and double hobs.

Utility Room
Convenient utility space equipped with washing machine and dryer, with access to garden.

Living Room
Generous communal living and dining room at the heart of the home.

Bedroom 1
Large double bedroom with workstations, served by a private en-suite shower room and WC.

Bedroom 2
Spacious double bedroom with workstation and private en-suite shower room and WC.

Bedroom 3
Comfortable double bedroom on the ground floor with workstations.

FIRST FLOOR

Bedroom 4
Double bedroom on the first floor.

Bedroom 5
Double bedroom on the first floor.

Bedroom 6
Double bedroom on the first floor.

EXTERNAL

Rear Garden
Private rear garden with a new pathway.

Development Plot
Adjoining 0.053 acre C3 residential plot to the rear accessed via a side driveway.