Herbert Road, Bath

4 Bedroom Terraced House | Bath, BA2 3PP

Sold STC
£420,000 Guide Price
4
Bedrooms
1
Bathroom
1
Reception Room
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At a Glance

Property Features

  • HMO opportunity for 4 bedroom property
  • 3 doubles, 1 single bedroom, 1 bathroom
  • Rear private garden and on street permit parking
  • Current annual gross rent £25,008 with a yield of 5.95%
  • Anticipated new target annual rent for 24/25 circa £28,176 with a yield of 6.7%
  • Council tax band C, EPC rating D, Freehold

Property Summary

Spacious four bedroom HMO in the heart of Oldfield Park with private rear garden and on street permit parking.
Gross Rent £25,008 per annum—representing gross rental yield of 5.95%

Full Details

Full Details

Description
A fantastic four bedroom terraced student house. The property comprises three double bedrooms, one single bedroom, one bathroom as well as a good sized kitchen and lounge space. The property also offers a private rear garden space and on street permit parking. The property is currently achieving a monthly rental income of £2084 a yield of 5.95% and is set to achieve £2348pcm for the next academic year of 24/25, with a potential yield of 6.7%. HMO tenants are responsible for the payment of all utilities and bills - HMO rents are exclusive of these costs. Bath location benefitting from excellent student demand with Bath being home to University of Bath, Bath Spa University and Bath College.

Location
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, Hayesfield Girls School and Beechen Cliff. The property is also close to university bus routes for Bath Spa University and Bath University.

Location

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