A superbly position 5 bedroom HMO with tenants in situ until 30th June 2026, earning a yield of 7.8%. A fantastic investment opportunity currently being sold as a Ltd company. Five bedrooms, two bathrooms, kitchen/living room, conservatory and a garage.
This generously sized five-bedroom HMO, ideally located near local shops in a highly sought-after area. This exceptional investment property is being sold as a limited company, offering potential buyers a significant advantage with a reduced stamp duty rate of just 0.5%. The accommodation features a versatile living/dining/kitchen area, five well-appointed bedrooms, two modern bathrooms, and a conservatory, all equipped to meet the needs of student living.
Currently, there is a tenancy in place generating £3,400 per month, valid until June 30, 2026, plus an income of £85pcm for the garage. The property also boasts gardens to both the front and rear, as well as a garage for added convenience.
Location - Within easy reach of local shops on both Southdown Road and Mount Road, as well as being close to the thriving Moorland Road with its range of local shops, bars and local railway station. The city centre is less than two miles away, while the location is also excellent for access to both Hayesfield and Beechen Cliff schools. The house is also well served by a regular bus service into the centre of Bath (the No 1 route), and the M4 can be accessed without having to go through the city centre.
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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