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Hmo / Family Home | Bath

South West

£375,000

Listed on 01/05/2026

Property Details

Bedrooms
6
Type
Terraced
Area
1172 sqft

Description

This period terrace house, spanning 1172 square feet across three levels, presents a compelling renovation opportunity in the desirable Locksbrook area, just 1.5 miles from Bath's city centre. With current arrangements allowing for six bedrooms suitable for an HMO license, it offers flexibility for both family living and investment potential. The property has been rented out for years and is now ripe for cosmetic updates to enhance its charm and functionality. Potential exists for significant rear extensions, ideal for creating a modern open-plan kitchen and dining area opening onto the garden—subject to obtaining necessary planning permissions. Located in a quiet residential setting with easy access to local amenities and transport links, this home can be transformed into a valuable asset in a sought-after location, appealing to both families and investors alike.

Investment Analysis

(BA1 area)

Below Market Value

This property is priced -33.5% below area average per sq ft

-33.5%
Potential saving
This Property
£320/sq ft
Area Average
£481/sq ft
Avg Rent (weekly)
£395
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£620,428
10% above area average per sq ft
Potential ROI
+49.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BA1)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +2.2%
5 year growth: +9.6%
Investment Disclaimer: Analysis based on BA1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hmo / Family Home | Bath
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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