Devonshire Villas, Bath
About this home
Property Details: • Type: House • Tenure: LEASEHOLD • Floor Area: N/A
Key Features: • A fully licensed six bedroom HMO, with a potential monthly income of £4500, a yield of 9.8% • A charming period property set in prime location with the Bear Flat area of Bath • Six double bedrooms, two shower rooms and kitchen • Leasehold (created upon sale), council tax band D, EPC rating D • 5 rooms currently let for £750per room per month, 1 to be let
Location: • Nearest Station: Bath Spa Station • Distance to Station: 0.6605964511654018 miles
Agent Information: • Address: 1a Mile End London Road Bath BA1 6PT
Full Description: A fully licenced 6 bedroom HMO property, offering potential for an income of circa £54,000. Kitchen, six double bedrooms and two shower rooms.<br /><br />This charming period property presents an excellent investment opportunity and is currently operated as a six-bedroom HMO, offering an impressive potential yield in excess of 9%. Arranged over three floors, the accommodation comprises six well-proportioned bedrooms, two shower rooms and a well-appointed kitchen.<br /><br />Having been successfully used as an HMO for more than 20 years, the property has a proven rental history and continues to offer scope for further income growth and enhancement.<br /><br /><b>Location</b> - Devonshire Villas is located minutes from Bear Flat which offers a range of amenities including The Bear Cafe, Da Vincis Deli, The Bear Pub, Wellsway Pharmacy, Ninos Barbers, Cooperative Supermarket, Floral Touch and the award-winning Menu Gordon Jones Restaurant.<br />Prior Park College, Paragon Prep, King Edwards and Monkton Combe Senior Schools are all within a short distance, and Beechen Cliff and Hayesfield secondary schools are both within 0.5 and 0.7 miles.<br />There is a lovely, wooded walk to the City of Bath and train station and an excellent bus service. Bloomfield Green is within 0.5 miles leading to the Sustrains cycle network and the Two Tunnels. Bristol Airport is a 40-minute drive away, and M4 Junction 17 is 25 minutes’ drive.<br /><br />