5 Bedrooms Terraced house for sale in Lymore Avenue, Oldfield Park, Bath BA2 | £ 500,000
Overview
Price: | £ 500,000 |
---|---|
Contract type: | For Sale |
Type: | Terraced house |
County: | Bath & N E Somerset |
Town: | Bath |
Postcode: | BA2 |
Address: | Lymore Avenue, Oldfield Park, Bath BA2 |
Bathrooms: | 2 |
Bedrooms: | 5 |
Property Description
Agents notes Current monthly rental £2675 thus annual income £32,100 - this includes a monthly £125 charge to the tenants for cleaning and gardening (fortnightly). Current gross yield therefore 6.42% at asking price. The property is let until summer 2019 but not yet released for let for the 2019/20 academic year so available for both professional investors and parents looking to house their own children plus friends.
Sold as a going concern with tenants and inventory in situ.
Planning permission (application no 16/02530/ful) granted on 9th Feb 2017 for demolition of existing single storey rear extension and erection of side and rear single storey extension. This would reconfigure the property as a 6 bedroom hmo. Full plans are available to view at . The property is already over spec'd as a five bedroom (two bathrooms and additional kitchen appliances) so the extension would be an excellent idea to increase long term revenue.
Entrance hall Top lit part glazed panelled front door, dado rail, coved ceiling, gas meter, cloaks area, part decorative glazed internal door, electric meter & fuseboard, radiator, stairs to first floor.
Bedroom Two front sash windows, radiator, coved ceiling, picture rail, exposed & painted floorboards, ceiling rose.
Sitting room Double glazed rear window, radiator, original alcove dresser unit, original cast iron fireplace, exposed & painted floorboards, understairs cupboard, picture rail.
Kitchen Double glazed side window, double glazed door to gardens, quarry tiled floor, base and wall units with worktops and inset sink/drainer, part tiled walls, plumbing for washing machine, cooker point, space for tall fridge/freezer and additional undercounter fridge, understairs larder cupboard.
Bathroom Double glazed rear window, panelled bath with electric shower over, handbasin, quarry tiled floor, radiator, fitted cupboard with Worcester gas combination boiler.
WC High level W.C, double glazed side window.
Landing Loft access, original line cupboard.
Bedroom Double glazed rear window, radiator.
Bedroom Double glazed rear window, radiator, picture rail.
Shower room Radiator, extractor fan, low level W.C, corner shower cubicle, handbasin with cabinet under.
Bedroom Front sash window, radiator, picture rail.
Bedroom Front sash window, radiator, picture rail.
Rear gardens 68ft x 15ft - south facing
Patio with brick bbq, lawn with shrub borders, mature trees. Detached outbuilding (old garage), gated rear access to rear lane. Potential to re-create off street parking if required.
Property Location
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