Queens Place, Bath
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
1
- SIZE
1,065 sq ft
99 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 5-bedroom HMO
- £840 per room, per month
- £50,400 gross annual rental income
- Investment return in the region of 7.75%
- Popular central Queens Place location
- Renovated to a high standard
Description
Achieving £840 per room, per month and offering a return in the region of 7.75% at the £650,000 guide price, this is a strong addition to any landlord’s portfolio.
Description - An excellent opportunity to acquire a five-bedroom HMO in the popular and centrally located Queens Place, Bath. The property has been renovated to a high standard and is currently producing a strong rental income, making it an attractive addition to an established or growing investment portfolio.
The property is currently achieving £840 per room, per month, generating a gross annual rental income of £50,400. At the guide price of £650,000, this equates to an investment return in the region of 7.75%, based on the current rental income.
Positioned in a sought-after central location, 12 Queens Place is well placed for access to Bath’s amenities, transport links and employment centres, supporting continued demand from tenants.
The accommodation comprises five letting rooms, together with shared kitchen, living and bathroom facilities, all presented in a well-maintained and modern condition following renovation.
This property is being offered exclusively to our existing landlord network before being launched onto the open market, providing an opportunity to secure the investment ahead of wider marketing.
Key Investment Highlights: Five-bedroom HMO; £840 per room, per month; £50,400 gross annual rental income; investment return in the region of 7.75%; guide price of £650,000; renovated to a high standard; popular central Bath location; exclusive pre-market opportunity.
Brochures
Queens Place, BathBrochure- 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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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 35035350. 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 Bath Stone Property, 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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