Burnham Road, Bath
4 Bedroom Terraced House | Bath, BA2 3RY
At a Glance
- 4 bed, 1 bathroom HMO - Currently let for £26,688 per annum
- Spacious kitchen, living and separate utility room
- 87 Square Metres (£4,367 p/sqm approx)
- 7.02% gross yield - Tenants to summer 2024
- Set to achieve £2508pcm for 24/25 potential yield of 7.92%.
- Freehold, Council tax band B, EPC D
37 Burnham Road comprises a 4 bedroom property with HMO License for 4 persons, tenants secured to summer 24 with Gross Rent £26,688 per annum—representing gross rental yield of approx 7.02% and set to achieve £2508pcm for the next academic year of 24/25, with a potential yield of 7.92%. This is a fantastic readymade student investment income opportunity, recently decorated throughout with a decked rear garden, offering a low maintenance HMO solution. Bath location benefitting from excellent student demand with Bath being home to University of Bath, Bath Spa University and Bath College
Oldfield Park is a popular location and close to Moorland Road shopping parade with its vast array of independent shops, cafes, takeaways and small supermarket. Oldfield Park further benefits from Doctors' surgery, vets and a dental practice. This location offers easy access to the city and Oldfield Park railway station (just 0.4 miles away) with its connection to Bristol Temple Meads and Bath Spa station. There are local schools nearby including Oldfield Park Junior School, Moorlands Infant School, Heyesfield Girls School and Beechen Cliff. The property is also close to university bus routes for Bath Spa University and Bath University.