A great investment opportunity to purchase a long standing licensed HMO in an excellent city location. Currently tenanted the accommodation comprises of five bedrooms, sitting room, kitchen diner and two bathrooms with small courtyard garden. The property would benefit from a cosmetic refurbishment throughout to increase the rental yield and also offers the potential to create an additional bedroom in the loft space (STPP).
You enter to to the side aspect of the property into an entrance hallway. The hallway gives access to all rooms at ground level and the stairs to the first floor. On the ground floor you find two double bedrooms, sitting room with bay window and feature gas fireplace, kitchen diner with modern wall and floor units with worktop and space for appliances. There is also a door leading to the rear courtyard garden area. To the first floor are three double bedrooms with a small and large bathroom. Both bathrooms are fitted with dated baths with shower, washbasin and WC. There is further potential to convert thee loft to provide an additional bedroom (STPP) as most others have done in the terrace.
Widcombe is a highly desired village to the south of the city famed for its parade of independent shops. The parade provides hairdressers, supermarkets, coffee shop, kitchen shop, AGA shop, newsagent off licence, renowned café/deli, vets, gift shop, burger bar, Chinese restaurant, massage spa, florist and three acclaimed public houses. A contributing factor to the villages popularity is its proximity to the city itself with Bath Spa station less than a 5 minute walk away and close to bus routes to the university. A short walk up Widcombe Hill and you find yourself on the Bath Skyline walk and its city views. Likewise nearby Alexandra Park provides what some claim to be the best views of the city. Nearby you will also find access to the River Avon and Kennet & Avon canal.
There will be £5,000 Stamp Duty payable if the transaction completes on or before the 30th June 2021. After this time £17,500 Stamp Duty will be payable up until the 31st September 2021.
Band - D
Band - D
Residents permit parking on-street.
This property is marketed by TYNINGS Ltd as a sole agent and viewings are strictly by appointment only. All viewings are accompanied and by prior arrangement. Please contact Ben or Nicola to arrange a viewing.
TYNINGS, their clients and any joint agents give notice that: They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning; building regulation or other consents and TYNINGS have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.