Licensed 4‑bed HMO in Oldfield Park with garage, income and loft/side extension potential.
Licensed four-bedroom HMO with established student income (£27,840 pa)
Set in Oldfield Park, this four-bedroom end-of-terrace is presented as a fully licensed HMO with established student demand and a current annual gross income of £27,840 (circa 6.19% gross). The house sits on a corner plot with Bath stone character, bay windows and original fireplaces, and includes an attached garage, off-street parking and low-maintenance rear patio garden — practical assets for lettings or resale.
Accommodation is arranged over two storeys and is efficient rather than expansive: a communal lounge, fitted kitchen, upgraded shower room plus separate WC serve four bedrooms. The property benefits from gas central heating, mainly double glazing and fast broadband — all positive for tenants. There is reasonable scope to add value subject to planning: the garage/side garden and the loft could potentially be extended or converted.
Buyers should note material limitations: total internal area is small (approximately 651 sq ft) and there is only one shower room and one WC for four lettable bedrooms, which can limit higher-grade student or sharer rents. Some rooms (notably the living room) retain single-glazed elements and will need modernization to maximise long-term rental or owner-occupier appeal. Tenure details are unverified and must be confirmed by a solicitor.
This property suits investors targeting the strong Bath student market, or a buyer wanting a characterful income-producing home with clear refurbishment and extension upside. The position near local shops, bus routes and good schools adds broad marketability; assess planning/tenure and upgrade costs before committing.