West Avenue, Oldfield Park, Bath

£575,000
  • Ref: 12075
  • Type: End Terraced House
  • Bedrooms: 5
  • Bathrooms: 3
  • Reception Rooms: 1
  • Tenure: Freehold

Property Features

  • c1600sqft
  • Arranged as three self contained apartments
  • 5.72% yield
  • Let until mid 2021
  • 2010 conversion
  • Double glazing
  • Right in the heart of Oldfield Park
  • 100yds to station & Moorland Rd
  • Excellent investment opportunity
  • Freehold

Property Summary

A substantial c1600sqft end terraced late Victorian two storey house extended and converted in 2010 and now used as three self contained flats - all of which are currently let until mid 2021 to a total of five tenants with income for 2020/21 academic year of approx £32,890 / 5.72% gross yield. Two similar two room self contained flats in the original house with studio bedroom, kitchen and shower room per tenant. Rear ground floor one bedroom flat with private entrance. An excellent freehold investment in the heart of Oldfield Park, 100yds from the station and Moorland Rd/University bus routes.

Full Details

AGENTS NOTES A substantial c1600sqft end terraced late Victorian two storey house extended and converted in 2010 and now used as three self contained flats - all of which are currently let until mid 2021 to a total of five tenants with income for 2020/21 academic year of approx £32,890 / 5.72% gross yield. Two similar two room self contained flats in the original house with studio bedroom, kitchen and shower room per tenant. Rear ground floor one bedroom flat with private entrance. An excellent freehold investment in the heart of Oldfield Park, 100yds from the station and Moorland Rd/University bus routes.



Currently freehold but lease plans already drawn up if a buyer wishes to utilise these. Planning consent granted for the three flats and separate council tax accounts for each flat.

Separate utilities to each apartment. Water (rates) are currently common and paid by freeholder.

Gas is not connected, but available at the front of the building.

Individual flat broadband supplies.

5 electricity meters (plus communal meter) serving the different rooms, as the property was originally designed as five self contained bedsit/flats.

HMO licensing not applicable.



Please note from a lenders point of view, this property is likely to be classed as a Multi-Unit Freehold Block.



Photos displayed are of the first floor apartment.



COMMUNAL HALL Door from street on north side of the building - communal hall with five entrances to all flats (two entrances each for the two bedroom units).

GROUND FLOOR APARTMENT Two studio rooms - each with its own kitchen, entrance hall and shower room.

FIRST FLOOR APARTMENT Similar to ground floor apartment with larger rear studio room

GROUND FLOOR REAR APARTMENT Private gated entrance from street leading to gravelled private courtyard. Large sitting/dining room, kitchen, double bedroom and shower room. Secondary entrance to main communal hall.

Enquire about this property or call 01225 829040

    Other properties you may be interested in

    • Leighton Road, Upper Weston, Bath

      £590,000
      Stunning countryside views, west facing gardens backing onto fields and 1488sqft of family friendly space inside this substantially extended detached home. Quietly located at the western end of the road, this is a beautifully flowing and solidly built house with plenty of parking and a showpiece pair of large reception rooms looking out onto the meticulously tended gardens. Five double bedrooms and family bathroom upstairs. Ground floor houses the extended 18ft10 x 13ft2 sitting room, dining room, kitchen, shower room and utility. Further accommodation potential by incorporating the integral garage or adding rear conservatory. Front driveway and well stocked front gardens. Rear west facing 44ft x 33ft gardens.