Offers over
£450,000
5 bed maisonette for saleBathwick Street, Bath, Somerset BA2
5 beds
2 baths
1 reception
EPC Rating: E
About this property
HMO being sold as an on going concern
Currently fetching £45,000 p/a and a 10% 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
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 September 2026, generating an annual income of £45,000 and offering an attractive 10% yield. The vendor is happy to agree to an offer on the basis that the property will be sold furnished.
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More information
Tenure
Leasehold (97 years)
Service charge
£2,040 per year
Council tax band
A
Ground rent
£69
Ground rent date of next review
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