Buying HMO properties in Bath – March selection

Five new HMO properties for early March at Madison Oakley – if you’re considering buying an investment property in Bath, we have an excellent selection new to market. Brief headlines below on each or full details available via our main website;

March HMO

Beckhampton Road – A five bedroom 1184sqft licensed HMO offering a 5.55% gross yield and let through to the end of the 2018-19 academic year. Ideally located 200yds from Moorland Rd and fitted to a high specification throughout, the property offers; five bedrooms, two bathrooms, sitting room and kitchen/breakfast room spread over three floors. A superb location for student tenants, with the U1 & U2 bus routes less than 5mins walk away. Low maintenance 16ft x 14ft rear garden, double glazing, GCH and retained features. For sale as a going concern with tenants and inventory in situ. Sole Agents. £475,000

March HMO

Livingstone Road – Let as a licensed three bedroom HMO until mid 2019, this comprehensively refurbished 705sqft Victorian upper maisonette offers a 5.97% gross yield on the next academic year tenancy. Not only sought after as a rare three bed by student tenants but also hugely popular for its spectacularly convenient location within sight of both the U1 and U2 bus routes. Three proper double bedrooms, sitting room, kitchen and bathroom – all renovated since 2010 to a high specification with GCH and double glazing. Residential management company with share of freehold, just around the corner from Moorland Rd shops and handy for a walk into town. Sole Agents. £335,000

March HMO

Triangle North – A five bedroom 1110sqft two storey licensed HMO offering a 5.49% gross yield and let through to the end of the 2018-19 academic year. Superbly located within 200yds of Moorland Rd, backing onto Oldfield Park station and within sight of the U1 & U2 bus routes. High specification fittings, five double bedrooms, open plan sitting room through to kitchen/breakfast room and further expansion potential (stnp). Low maintenance enclosed rear garden. Double glazing and GCH. For sale as a going concern with tenants and inventory in situ. Sole Agents. £450,000

March HMO

St Georges Place – Offering a 5.94% gross yield, a currently trading licensed six bedroom HMO let until summer 2019. A wonderfully central five storey 1364sqft Georgian townhouse superbly located for city amenities just 800yds west of Queen Square. Accommodation over five floors comprising of; six bedrooms (including four doubles), sitting room, kitchen, utility and three bathrooms. As you would expect of a licensed property, the house is in excellent order with gas central heating and partial double glazing. Sole Agents. £550,000

March HMO

Lymore Terrace – A five bedroom 1050sqft licensed HMO offering a 5.43% gross yield and let through to the end of the 2018-19 academic year. Right on the U2 bus route, just above Oldfield Junior School. Superbly fitted out accommodation over three floors to include; five bedrooms, sitting room, kitchen, bathroom and extra W.C. 55ft x 14ft east facing gardens, double glazing, GCH and retained features. For sale as a going concern with tenants and inventory in situ. Sole Agents. £450,000

 

For information on licensing requirements, HMO standards and so on, visit the BANES website HMO section