Denmark Road, Oldfield Park, Bath

£395,000 Guide Price
  • Ref: 10866
  • Type: Mid Terraced House
  • Bedrooms: 4
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Leasehold

Property Features

  • Four bedroom licensed HMO
  • Let until July 2022
  • 5.46% yield
  • Superb position for local amenities & bus routes
  • Double glazing & GCH
  • Income enhancement potential
  • Three storeys
  • 40ft x 13ft garden with outbuilding
  • 500yds to U1 bus route at Brougham Hayes
  • Close to Moorland Rd and Oldfield Park station

Property Summary

Let until end July 2022 at a 5.46% current yield and extended over three storeys to 903sqft, this licensed four bedroom HMO is perfectly positioned between Moorland Road and the city centre yet quietly situated in a cul de sac. Excellent ongoing investment with much potential to enhance income. Four generous bedrooms, full width communal sitting room, kitchen and ground floor bathroom. Well tended 40ft x 13ft garden with useful detached outbuilding/storage. Sole Agents

Full Details

AGENTS NOTES Let until end July 2022 at a 5.46% current yield and extended over three storeys to 903sqft, this licensed four bedroom HMO is perfectly positioned between Moorland Road and the city centre yet quietly situated in a cul de sac. Excellent ongoing investment with much potential to enhance income. Four generous bedrooms, full width communal sitting room, kitchen and ground floor bathroom. Well tended 40ft x 13ft garden with useful detached outbuilding/storage. Sole Agents

Occupied as a 4 bedroom licensed HMO
Let for the 2021/22 academic year at £1660pcm until end July 2022 - total income this year thus £21,580. Significant potential for income enhancement based on current average room rents for 2022/23 season.
For sale as an ongoing investment with tenants and inventory in situ.

LOBBY & ENTRANCE HALL Top lit part glazed front door, radiator, part glazed internal door.

BEDROOM 1 Double glazed front bay window, radiator, picture rail.

SITTING ROOM Double glazed rear window, stairs to upper floors with cupboard under, radiator.

KITCHEN Double glazed side window, Halstead gas combination boiler, base and wall units with worktops and inset sink/drainer, plumbing for washing machine, cooker point, part tiled walls, space for tall fridge/freezer.

REAR LOBBY Double glazed door to rear garden, storage cupboard.

BATHROOM Double glazed rear window, radiator, low level W.C, pedestal basin, panelled bath with mixer/spray shower tap, part tiled walls, extractor fan, heated towel rail.

LANDING Door to stairs to second floor.

BEDROOM 2 Double glazed front window, radiator, large alcove wardrobe, additional understairs cupboard.

BEDROOM 3 Double glazed rear window, radiator, overstairs cupboard.

BEDROOM 4 Railed stairs from first floor lobby. Two rear Velux skylights, radiator.

REAR GARDEN Covered side return drying area leading to 40ft x 13ft garden with lawn, shrubs, flower beds and veg plot.

OUTBUILDING Detached brick building with two double glazed windows, light and power. Ideal storage/workshop with potential to enhance further to office/study space.

Enquire about this property or call 01225 829040

    Other properties you may be interested in