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SOLD STC

Thornbank Place, Oldfield Park, Bath

Key features

  • Licensed 5 bed HMO
  • Let until July 2023
  • 6.19% yield
  • Superb city views
  • Cul de sac location
  • South facing garden
  • Two shower rooms
  • Double glazing and GCH
  • Open plan sitting room/kitchen
  • Four double bedrooms and one single

Property description

AGENTS NOTES Investment opportunity - five bedroom two storey student let perfectly located for the Lower Oldfield Park bus route 75yds to the west and about as close to town as you can get in Oldfield Park. Current tenants in until end July 2022 and already let for a further year until end July 2023 at £2750pcm giving a yearly income and gross yield of £32,547 / 6.19%. Further expansion potential into loft space (stp), stunning city views, four double bedrooms and one single, two shower rooms, cul de sac location, south facing rear garden and permit parking. Sole Agents

This property is currently rented out to 5 students as a licensed HMO;

2021-2022 Tenancy:
Fixed Term: 1st August 2021 - 31st July 2022
Rent: £2,625pcm

2022-2023 Tenancy:
Fixed Term: 5th August 2022 - 31st July 2023
Rent: £2,750pcm

Offered for sale as a going concern with tenants and inventory in situ. Currently managed by Madison Oakley.

The street dates from the mid 1890s and is named after Thornbank (also listed as Thorne Bank) the large detached house which stood where Thornbank Gardens is now (and was, in 1895, the residence of Albert Rowe, a grocer whose shop was at No2 Hot Bath St). The first occupier of this property is listed in 1900 as Hemmington Marsh. 

LOBBY & ENTRANCE HALL  

BEDROOM 1  

BEDROOM 2  

KITCHEN/SITTING ROOM  

SHOWER ROOM  

LANDING  

BEDROOM 3  

SHOWER ROOM  

BEDROOM 4  

BEDROOM 5  

REAR GARDEN  

Brochures

Brochure

Energy Performance CertificatesA document confirming the energy efficiency rating of the property.Read more about epc in our glossary page.

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Thornbank Place, Oldfield Park, Bath

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bath Spa Station0.5 miles
  • Oldfield Park Station0.6 miles
  • Freshford Station3.8 miles
Mortgages
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Market information
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About the agent

Madison Oakley, Bath

9 Moorland Road,Oldfield Park, Bath BA2 3PL

Outstanding personal service and honest advice from real local property experts. Working across Bath and out into surrounding villages, Madison Oakley partners combine over 70 years of local experience to create a different style of property consultancy. Our NAEA licensed Bath estate agents and letting agents in our Moorland Road & Third Avenue offices offer a unique combination of outstanding award winning service, focused presentation & cutting edge technology to ensure your home gets the v

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Disclaimer - Property reference 100998003510. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Madison Oakley, Bath. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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