The million-pound Clifton property with HMO opportunity by the Downs

The stunning Oliver Mews House, located on the edge of Durdham Downs in Clifton, is a hidden stone gem that was once used as a Victorian Coach House on Rockleaze Road. The home was converted into a ‘stand-alone dwelling approximately 20 years ago and now operates as a shared house (HMO) with the potential to become an ‘individual home’.

The five-bed residence is listed on Rightmove for £1 million as an “upside-down house arrangement” according to the property description. It further consists of “a front door opens into a double-height hall with stairs rising to the upper floor with study/home office area”.

Situated on the upper floor is a mix of living space and bedrooms encompassing a central courtyard garden area offering “a high degree of privacy”. Meanwhile, the spacious primary living room occupies the open-plan kitchen and lounge facilities.

READ MORE: Top-floor maisonette in Old Market with private roof terrace and views over Bristol

The listing further states that the 33 ft long premises have three sizable double bedrooms with the option to turn the remaining two rooms on the ground floor into “an additional large living space opening onto the garden”. According to its description: “Planning permission is in place and works are in progress to convert the existing garage into an additional bedroom with en suite bathroom provision.

The open-plan area features the kitchen, dining and lounge
The open-plan area features the kitchen, dining and lounge
(Image: Leese & Nagle)

This will provide three further good-sized bedrooms, all having en suite shower rooms on the ground floor. An additional bathroom, shower room and separate WC service the upstairs rooms. A utility room, store room and bin store will also be provided.

“The existing HMO licence is in place for 5 occupants with recent rental income amounting to £45,360 per annum. With planning granted for a six-bed HMO, the licence will have to be updated. Anticipated rental income increasing to around £54,000 per annum (based upon £750 per room per month).”

The home wraps around its central garden
(Image: Leese & Nagle)

Without a second glance, this home can easily go unnoticed but could be perfect for a buyer looking for something unique and versatile.

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