£380,000 Guide Price
  • Ref: 12109
  • Type: Mid Terraced House
  • Bedrooms: 4
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Freehold

Property Features

  • Investment opportunity
  • 6.47% gross yield
  • Popular location
  • 4 bedroom HMO
  • Let through until July 2021
  • Recent Gas boiler
  • Private Parking

Property Summary

A well positioned HMO investment purchase, let for the 2020 - 2021 academic year at an annual rent roll of £24,610. Grossing 6% plus and having been maintained over the years with regular scheduled decoration and maintenance, recent new boiler and replacement kitchen roof to the rear, the new purchaser will not have to worry about major areas moving forward. In total you will find; Downstairs bedroom, living room, kitchen and utility room. Three first floor bedrooms and shower room. Externally there is an enclosed rear garden and parking to the rear. A popular location for investment moving forward and with mod cons such as gas central heating & double glazing make this a solid investment opportunity.

Full Details

SUMMARY A well positioned investment purchase, let for the 2020 - 2021 academic year at an annual rent roll of £24,610. Grossing 6% plus and having been maintained over the years with regular scheduled decoration and maintenance, recent new boiler and replacement kitchen roof to the rear, the new purchaser will not have to worry about major areas moving forward. In total you will find; Downstairs bedroom, living room, kitchen and utility room. Three first floor bedrooms and shower room. Externally there is an enclosed rear garden and parking to the rear. A popular location for investment moving forward and with mod cons such as gas central heating & double glazing make this a solid investment opportunity.

ENTRANCE HALL With Upvc door leading in. Stairs to the first floor, doors into rooms and radiator.

BEDROOM Upvc window to the front, radiator, picture rail and cornice.

SITTING ROOM Window into the utility room, under stairs storage cupboard, laminate flooring and radiator.

KITCHEN Range of matching wall and base units with roll top laminate work top. Inset stainless steel sink unit, free standing washer / dryer, fridge and freezer. Part tiled walls, double glazed window to the rear, inset four ring electric hob with oven under. Radiator, door into utility room.

UTILITY ROOM Upvc window and door to the rear garden, space for table and chairs or further utilities.

LANDING With doors into all rooms.

BEDROOM Double glazed window to the front and radiator.

BEDROOM Double glazed window to the rear and radiator.

BEDROOM Double glazed window to the front and radiator.

SHOWER ROOM Modern white shower room suite comprising low level WC, pedestal wash hand basin and shower with sliding doors. Metro part tiled walls, lino flooring, extractor fan, double glazed window and radiator.

GARDEN The rear garden is enclosed and laid to an area of patio and flower beds. The patio area offers an nice spot to sit and enjoy the south facing garden. There is a gate to the rear which opens out onto the parking space.

To the front, the steps to the front door have recently been replaced. To the side of these there is a little raised area.

Enquire about this property or call 01225 829040

    Other properties you may be interested in

    • Albany Road, Bath

      £400,000
      A three storey 985sqft licensed HMO tenanted until July 2021 with a 5.97% gross yield - this immaculate four double bedroom investment was fully renovated in 2013 and has proved to be an extremely popular home for tenants ever since. Ideal cul de sac position close to Weston Lock and Fieldings Rd retail amenities, convenient for local bus routes and a 10min walk to Moorland Rd/Oldfield station. Generous neutrally decorated 985sqft accommodation over three floors, high spec kitchen and bathroom fittings, double glazing/GCH in situ and an enclosed low maintenance rear garden. Sole Agents
    • Herbert Road, Oldfield Park, Bath

      £395,000
      Let until end June 2021 with a 5.77% gross yield/£22,800pa income, this impeccably maintained two storey late Victorian 80sqm four bedroom licensed HMO is ideally placed within sight of Moorland Road shops and student bus routes. Benefiting from an extra utility and W.C in addition to four bedrooms, sitting room, kitchen and first floor bathroom. Southeast facing enclosed rear garden, double glazing and GCH in situ. Impressive views over Bath to Lansdown from the front door. An excellent going concern right in the heart of Oldfield. Sole Agents