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Axbridge Road Combe Down, Bath
£525,000
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- Four bedroom family home
- Six bedroom HMO investment opportunity with potential 9% yield
- Nicely presented throughout
- Far reaching views
- Driveway parking
- Easy access to the city and university
A very nicely presented four bedroom end terrace home with stunning far reaching views over the city. The house has been fully extended and offers comfortable family living space or potential as a six bedroom HMO investment with a 9% rental yield. Ideal location for all levels of local schooling, university and access to the city.
Description
A very nicely presented four bedroom family home. Recently fully extended and refurbished throughout it offers comfortable living with a high end finish. The property also offers investment opportunity as it has recently been granted planning permission for use as a six bedroom HMO dwelling. As a family home it offers plenty of space with a separate sitting room, very nicely fitted kitchen which leads into a large dining sitting room overlooking the garden with with bi-fold doors opening up onto those far reaching views across the city. To the first floor you find four well proportioned bedrooms with one due to provide an ensuite shower room. The family bathroom is fitted with bath and shower overhead with wash basin and WC. Externally the rear garden provides a decked seating area just outside the sliding doors from the living room. The garden is then laid to lawn with a further seating area to the rear to soak up the views. There is also a large storage building to the side aspect with gated access to the front. Driveway parking at the front for two vehicles.
HMO
The approved planning application can be accessed on the BANES planning portal: Planning Application Reference 24/03648/FUL. Description of Proposal: Change of use from 4 bedroom dwelling (Use Class C3) to 6 bedroom House in Multiple Occupation (HMO) (Use Class C4) with internal layout changes. Adjustments will need to be made to the current accommodation. On the ground floor the sitting room will need to be divided into two bedrooms. On the first floor the current ensuite will need to be made into a separate bathroom. A renowned HMO letting agent has valued the rental at £650-£700 per room pcm. This should return a 9% rental yield p.a.
Services
Mains gas, electric, water and drainage.
Stamp Duty
There could be £13,750 Stamp Duty payable upon completion.
EPC Rating
Band - C
Council Tax
Band - B
Viewings
This property is marketed by TYNINGS Ltd as a sole agent and viewings are strictly by appointment only. All viewings are accompanied and by prior arrangement. Please contact us to arrange a viewing.
Disclaimer
TYNINGS, their clients and any joint agents give notice that: They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning; building regulation or other consents and TYNINGS have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
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Bath BA2 5PW