4Bedrooms
2Bathrooms
130 sqmSize
Strategy: HMO
INVESTMENT OPPORTUNITY. A three-storey townhouse sited within a small traffic-free development in Odd Down, providing well maintained and equipped living space, gardens and parking. HMO Licenced and let for 2025/26. Constructed by Crossman Homes in 2017, this light and spacious house has well equipped and proportioned living space over three floors. Currently let under its HMO Licence*, there is flexibility in the accommodation to provide four double bedrooms if required, together with good living/dining space, two bath/shower rooms and cloakroom.With two Juliet balconies at first floor level and direct access to front and rear gardens from ground floor rooms, there is an impressive overall level of natural light throughout the house. It is clear that whilst the property currently serves very well as an HMO, it is equally desirable without alteration as a family home, and with this broad appeal is it set apart from many other houses in Bath which are similarly Licenced. This is emphasised by the location, in that it is well placed for access to both Bath Universities and the local schools on the Southern side of the City.The outside space comprises a small front garden with planting and a rear garden which is presently in three parts; a terrace which has direct (level) access from the Kitchen/Dining Room (and side gate), a raised area of garden and a small parcel of adjacent garden beyond the fence (see photos and Title Plan). This whole area could be relandscaped to provide one larger garden. To the side of the house there is a private drive with space for two cars., and this extra width in the plot sets the desirability and asset value well above others in the development.It is an energy efficient house (EPC B - 87) and Photovoltaic panels are installed, however we understand that these may not be currently in service and buyers would need to conduct their own inspection.Sited broadly equidistant to Bear Flat and Combe Down at the top of Wellsway, the house has bus routes close by and is within easy reach of both the city centre and some favoured nearby villages, such as South Stoke, Combe Hay and Englishcombe. Red Lion Lane is also close to Odd Down Sports and Recreation Ground, local shops and Sainsbury’s supermarket. *The property is currently let and has a signed Tenancy Agreement for 12 months from August 2025 at £2,900 per calendar month, giving a gross ROI of 6.6%. This would be assigned to a buyer on completion. For further details contact the sole agent, Simon Lord.
Sourced reference: 164212289
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
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