Triangle North, Oldfield Park, Bath

£475,000 Guide Price
  • Ref: 12727
  • Type: Mid Terraced House
  • Bedrooms: 4
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Freehold

Property Features

  • 1031sqft
  • Four double bedroom licensed HMO
  • Let until July 2023
  • 5.7%+ yield
  • Prime central Oldfield location
  • Within sight of student bus routes
  • 100yds to Moorland Rd
  • Kitchen/breakfast room
  • Snug/TV room
  • Three piece bathroom

Property Summary

An exceptional four double bedroom 1031sqft licensed HMO in a prime central Oldfield Park location just moments from Moorland Rd and within sight of the U1/2 bus routes, sold as a going concern with tenants contracted until July 2023 at a 5.7%+ yield. Impeccably presented throughout over two storeys with four genuinely double bedrooms, bathroom, kitchen/breakfast room and snug/TV room. Low maintenance enclosed rear gardens. Retained character, double glazing and GCH in situ. Further expansion potential into loft subject to necessary permissions. Sole Agents. EPC rating= D

Full Details

AGENTS NOTES An exceptional four double bedroom 1031sqft licensed HMO in a prime central Oldfield Park location just moments from Moorland Rd and within sight of the U1/2 bus routes, sold as a going concern with tenants contracted until July 2023 at a 5.7%+ yield. Impeccably presented throughout over two storeys with four genuinely double bedrooms, bathroom, kitchen/breakfast room and snug/TV room. Low maintenance enclosed rear gardens. Retained character, double glazing and GCH in situ. Further expansion potential into loft subject to necessary permissions. Sole Agents

The property is a licensed HMO let currently and for the forthcoming academic year. The next tenancy is for four tenants from 16th July 2022 until 8th July 2023 (11mths and 3 weeks) at a monthly rent of £2320. Annual income for forthcoming year thus £27,304. Offered for sale as a going concern with tenants and inventory in situ. Currently self managed by landlord.

Wifi is included in rent, provided by BW Tech over Openreach lines.
Gardens are tidied and sprayed regularly, also included in rent.
The property is fitted with an air purifying system.

Recent renovations include;
- rear elevation, rear chimney and gable repointed and chimney capped 2021
- bedrooms painted 2020/21
- timber floors sanded & varnished 2020
- new bathroom work top, towel rail, toilet cistern 2021
- new rear garden fence and gate to alley


LOBBY Double glazed top lit front door, part tiled walls under dado rail, tiled floor, meter and fuseboard.

HALL Part glazed internal door, exposed floorboards, stairs to first floor with cupboard under, part glazed door to rear garden.

BEDROOM 4 Double glazed front bay window, radiator, exposed floorboards.

BEDROOM 3 Double glazed rear window, radiator, exposed floorboards.

KITCHEN/BREAKFAST ROOM Secondary glazed rear and side windows, base and wall units with breakfast bar, inset sink/drainer, inset electric hob with oven under and hood over, plumbing for washing machine and dishwasher, space for tall fridge freezer, gas combination boiler (new in 2020), part tiled walls.

LANDING Two loft access points, double glazed side window, linen cupboard.

BEDROOM 1 Double glazed front bay window, two alcove wardrobes, radiator.

BEDROOM 2 Double glazed rear window, radiator.

BATHROOM Double glazed side window, panelled bath with shower over, low level W.C, handbasin, heated towel rail, extractor fan, part tiled walls.

SNUG Double glazed rear window, radiator.

REAR GARDEN Paved and gravelled with shrubs. Fences to side and rear. Gated rear pedestrian access. Storage cupboard.

Enquire about this property or call 01225 829040

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