Highland Road, Bath, Somerset, BA2
By @Home Estate Agents
£ 425,000
Reviews
2 out of 5 stars
@Home Estate Agents says ..
Attention Investors. A fabulous opportunity has arisen for the investor buyer to purchase this 5 bedroom, fully licenced HMO situated in a popular residential area. The property is let from July/August 24 for 12 months raising a gross return of £36,000 (8.47%).
Property Oracle says ..
This five-bedroom property in Twerton, Bath, is currently listed at £425,000. The listing highlights its potential as a lucrative investment opportunity, given its current operation as a fully licensed HMO (House of Multiple Occupancy) generating a gross annual return of £36,000.
The property’s location in Twerton offers convenience, with relatively close proximity to several schools including Newbridge Primary School (rated ‘Good’ by Ofsted), and transport links such as Oldfield Park and Bath Spa train stations. Local amenities are also within reach. However, Twerton is not as centrally located as some other parts of Bath.
The condition of the property appears to be fair based on photographs. The interior shows some signs of wear and tear, and some modernisation or refurbishment might be needed to enhance its overall appeal. The exterior of the property appears in average condition. The small, relatively unkempt, rear garden is a functional outdoor space but isn’t a particularly significant feature.
The price of £425,000 must be considered in light of the current market conditions and the potential rental income. While comparable properties in the area vary significantly in price, the five bedrooms and current HMO status justify a higher price point, although this may not appeal to all potential buyers. The lack of information on the property’s bathroom situation represents a potential concern that would require clarification.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 3
- Bedrooms
- 5
- Bathrooms
- 0
- Sqft (est)
- 1,000.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 294,000.00 £Increased by 1.78 %
- Est sale value
- 437,000.00 £Increased by 22.41 %
- Average area rental value
- 1,580.00 £/moIncreased by 32.88 %
- Est letting value
- 2,000.00 £/moIncreased by 100.00 %
- Est rental Yield
- 6.45 %Increased by 30.57 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
@Home Estate Agents marked this listing as sold.
@Home Estate Agents created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Newbridge Primary School | Community School | Good | 0.87 KM |
| First Steps Twerton Children'S Centre | Children's Centre | 1.05 KM | |
| Twerton Infant School | Community School | Good | 1.08 KM |
| Roundhill Primary School | Academy Sponsor Led | 1.11 KM | |
| St Michaels Junior Church School | Academy Sponsor Led | 1.16 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Mill Lane | £ 195,000 | 0 | 0.00 KM |
| Rackfield Place | £ 0 | 0 | 0.00 KM |
| Padfield Close | £ 480,000 | 0 | 0.00 KM |
| Connection Road | £ 0 | 0 | 0.00 KM |
| Rosslyn Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Oldfield Park | 3219 | OLF | 1.39 KM |
| Bath Spa | 3271 | BTH | 3.99 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Highland Road, Bath, Somerset, BA2 | £ 280,000 | BUY | 7 / 10 | 0.01 KM |
| Highland Road, Bath | £ 300,000 | BUY | 5 / 10 | 0.05 KM |
| Landseer Road, Bath, Somerset, BA2 | £ 375,000 | BUY | Unknown | 0.10 KM |
| High Street, Twerton, Bath, BA2 | £ 325,000 | BUY | Unknown | 0.17 KM |
| Shophouse Road, Bath, Somerset, BA2 | £ 170,000 | BUY | 6 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 20 Highland Road | £ 330,000 | 0.00 KM |
| 28 Highland Road | £ 250,000 | 0.00 KM |
| 17 Highland Road | £ 285,000 | 0.00 KM |
| 22 Highland Road | £ 190,000 | 0.00 KM |
| 10 Highland Road | £ 246,000 | 0.00 KM |