Bathwick Street, Bath, Somerset, BA2

GBP 450,000
For Sale

Property Details

Bedrooms

5

Bathrooms

2

Property Type

Maisonette

Description

Property Details: • Type: Maisonette • Tenure: Leasehold • Floor Area: N/A

Key Features: • HMO being sold as an on going concern • Currently fetching £39,000 p/a and a 8.2% yield • Well proportioned • Communal outside space • City Centre location • Leasehold - 98 years left on lease • Service charge - 2040 p/a inc sinking fund contribution • Ground rent - £69 p/a • Council Tax - Band A

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 9 Wellsway Bear Flat Bath BA2 4QL

Full Description: A five bedroom duplex HMO in the city of Bath, currently generating a 8.6% yield. A rare opportunity to acquire an existing HMO duplex apartment, found in the ever popular Bathwick Street. The shared front door with intercom system, takes you through to the shared entrance hallway that gives access to the communal rear gardens and the stair case.The property is set over the second and third floors of the building, and offers an open plan kitchen and living area as well as two bedrooms on the first level of the property. Upstairs you can find three further bedrooms and two shower rooms complete with wash hand basins and W/C's. The current tenancy runs until July 2025, generating an annual income of £39,000 and offering an attractive 8.6% yield. The vendor is happy to agree to an offer on the basis that the property will be sold furnished. A rental increase is anticipated for the 2025–2026 academic year, please contact the branch for further details.BrochuresParticulars

Location

Address

Bathwick Street, Bath, Somerset, BA2

City

Bath

Features and Finishes

HMO being sold as an on going concern, Currently fetching £39,000 p/a and a 8.2% yield, Well proportioned, Communal outside space, City Centre location, Leasehold - 98 years left on lease, Service charge - 2040 p/a inc sinking fund contribution, Ground rent - £69 p/a, Council Tax - Band A

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