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.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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