Canterbury Road, Oldfield Park, Bath
- Five bedroom licensed HMO
- Let until summer 2021
- Current 5.55% gross yield
- Potential to enhance income and accommodation
- Double glazing & GCH
- 78ft x 16ft gardens
- Cul de sac location
- 200yds to Moorland Rd
- Convenient for U1 & U2 bus routes
Property SummaryAn exceptionally well positioned five bedroom central Oldfield 987sqft licensed HMO currently offering a 5.55% gross yield and let through to summer 2021. Serious potential to enhance income and accommodation in the future. Ideally located 200yds from Moorland Rd in a quiet cul de sac, the property offers; five bedrooms, bathroom and extra W.C, sitting room and kitchen spread over two floors. A superb location for student tenants, with the U1 & U2 bus routes less than 5mins walk away. Low maintenance 78ft x 16ft rear garden, double glazing, GCH and retained features. For sale as a going concern with tenants and inventory in situ. Sole Agents.
AGENTS NOTES Occupied as a 5 bedroom licensed HMO
Let for the 2021 academic year at £2200pcm until 30th June 2021 on a 12 month tenancy - total income thus £26,400.
For sale as an ongoing investment with tenants and inventory in situ.
LOBBY & ENTRANCE HALL Top lit panelled front door, fuseboard and meter, radiator, coved ceiling, ornamental plaster arch, stairs to first floor with large storage cupboard under.
BEDROOM 4 Double glazed front bay window, radiator, cast iron fireplace.
BEDROOM 5 Double glazed rear window, radiator.
SITTING ROOM Double glazed side window, double glazed side door, two radiators, archway to kitchen.
KITCHEN Double glazed rear window, Velux skylight, range of base and wall units with worktops and inset sink/drainer, inset electric hob with hood over and oven under, plumbing for washing machine, part tiled walls.
LANDING Loft access.
BEDROOM 1 Double glazed front bay window, radiator.
BEDROOM 2 Double glazed rear window, radiator.
BEDROOM 3 Double glazed front window, radiator.
WC Double glazed side window, low level W.C, handbasin, radiator.
BATHROOM Double glazed rear window, low level W.C, pedestal basin, panelled bath with electric shower over, Worcester gas combination boiler, radiator, extractor fan.
REAR GARDEN 78ft x 16ft min - decked side return and astroturf seating area leading to mainly gravelled garden with fences to side and rear. Gated rear pedestrian access.
Enquire about this property or call 01225 829040
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£438,500 Guide PriceReturning a handsome 6.14% gross yield for the academic year 2020/2021, a fully licensed 5 bedroom HMO situated in this popular Oldfield Park road. Recently extended to enhance the living accommodation, providing good amenities for tenants & ensuring a good investment for years to come. On the ground floor there are two bedrooms, shower room and extended kitchen/living/dining room. On the first floor there are three further bedrooms and main bathroom. To the front there is ample parking and to the rear, a pleasant rear garden. Gas central heating & double glazing ensure a well rounded investment opportunity.