5 bedroom semi-detached house for saleHaycombe Drive, Bath
Sold by Us £350,000
- 6.98% gross yield
- Five bedrooms
- Two bathrooms
- Two communal rooms
- Huge kitchen plus utility
- Double glazing
- Plenty of garden space
- Bus stop opposite
AGENTS NOTES Impeccably presented with brand new fittings and inventory, let for the 2016/17 academic year to five students at a 6.98% gross yield, located right opposite the bus stop and offering over 1097sqft of accommodation. This substantial five bedroom semi detached HMO is a superb example of how much more both students and investors can get for travelling a little further from the centre. Benefiting from not only five generous (and equally sized) bedrooms but two communal areas (sitting room and a lovely conservatory), a huge kitchen, two bathrooms and a utility room. Well manicured gardens with bike shed, double glazing and GCH. Completely refurbished this summer for long term peace of mind for the future landlord.
Planning permission for change of use class C3 to C4 granted 22/06/2016.
Given the property is currently outside the Additional Licensing Zone designated by BANES, it does not require a HMO license.
The property is let via Trustease to five students from 1st Sept 2016 at £425 per room per month. Based on the current 11.5mth tenancy, the annual gross income is therefore £24,437 - a 6.98% gross yield.
The property is sold as a going concern, with tenancies in place and inventory included.
ENTRANCE HALL Double glazed front door, stairs to first floor with cupboard under, radiator, dado rail.
BATHROOM Double glazed front and side windows, shower cubicle, panelled bath, low level W.C, pedestal basin, tiled floor, part tiled walls, extractor fan, heated towel rail.
KITCHEN Double glazed rear and side windows, radiator, Worcester gas boiler, range of base and wall units with laminated worktops and inset sink/drainer, fitted gas hob with oven under and hood over, fitted dishwasher.
UTILITY ROOM Double glazed side window, base units with laminated worktop, plumbing for washing machine, space for tumble dryer and tall fridge/freezer, double glazed door to side.
STORE Double glazed rear window.
BEDROOM 5 Double glazed front window, radiator, dado rail, coved ceiling,
SITTING ROOM Double glazed patio doors to conservatory, radiator, dado rail, coved ceiling.
CONSERVATORY Double glazed windows to side and rear, double glazed French doors to garden, radiator.
LANDING Double glazed front window, dado rail, loft access.
BEDROOM 1 Double glazed front window, dado rail, built in desking, double cupboard housing immersion tank.
SHOWER ROOM Low level W.C, handbasin, tiled shower cubicle, extractor fan, dado rail, part tiled walls.
BEDROOM 2 Double glazed rear window, dado rail, built in desking, radiator.
BEDROOM 3 Double glazed rear window, dado rail, built in desking, radiator.
BEDROOM 4 Double glazed side window, radiator, dado rail, built in desking.
REAR GARDENS 49ft x 28ft approx. - gravelled terrace adjacent to property with block built shed and gated side access. Steps to borders and lawn with fences to side and rear. Backs onto parkland.
FRONT GARDENS Lawns and flower beds with fences and walls to side and front.
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