Herbert Road, Oldfield Park, Bath, BA2 3PP

£395,000 Guide Price
Availability: For Sale
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Property Summary

Prime central Oldfield Park investment with 6.87% yield - four bedroom 808sqft two storey HMO

Full Details

A prime central Oldfield Park investment opportunity. Offering a strong 6.87% return for the 24/25 academic year.

Mid terraced 808sqft four bedroom HMO let until early August 2025, within sight of Moorland Rd shops and convenient for Lower Oldfield Park bus routes.

The layout is configured with bedroom, open plan kitchen/living/diner, bathroom & further WC on the ground floor. Upstairs there are 3 further bedrooms. To the rear there is a lovely landscaped enclosed west facing garden.

A very good lock up and leave 4 bed HMO with an excellent track record of consistently improving income.

EPC rating D
Council tax band C
Tenure Freehold

Agents Notes
Current tenancy details - 11.5mths from 20th Aug 2024 until 2nd August 2025. The monthly rent is £2360. Annual income thus £27,140.

Herbert Rd is first listed in city directories in 1892, with 21 houses built (numbered 1-13 and 1A to 8A). The land had been purchased for development in 1889 by Frederick Riddle.

ENTRANCE HALL
Entered via part glazed door. Laminate flooring, doors into rooms and stairs to the first floor.

BEDROOM
Two windows to the front, radiator and laminate flooring.

OPEN PLAN KITCHEN / LIVING / DINING ROOM
A modern and sleek room with a recently fitted kitchen. Range of matching wall and base units with gloss handless doors, square edged worktop over which includes a breakfast bar. Inset electric hob with oven under and extractor over. Stainless steel sink unit with drainer. Laminate floor, fridge freezer, window to the side and double glazed French doors to the rear garden. Understairs storage cupboard and door into rear hall.

WC
Low level WC and pedestal wash hand basin.

BATHROOM
Matching white bathroom suite comprising of; shower over bath, pedestal wash hand basin and low level WC. Part tiled walls, window to the rear and lino flooring.

LANDING
With doors into all first floor bedrooms.

BEDROOM
Two windows to the front and radiator.

Bedroom
Window to the rear and radiator.

BEDROOM
Window to the rear and radiator.

GARDEN
The rear garden is laid to patio and lovely big stone slabs. The garden is also enclosed by modern fencing which gives a very contemporary feel to the area.

Property location

Enquire about this property or call 01225 829040