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Back to search Home Countries Unknown Bath Montpelier, Bath
GBP1,100,000
Montpelier, Bath
Montpelier, Bath
11 beds 4 baths House

About this home

Property Details: • Type: House • Tenure: Freehold • Floor Area: N/A

Key Features: • An impressive Grade II Listed Town House • A fantastic investment property providing a rental yield of 7.9% • Tenants in situ with tenants secured for the next academic year - monthly income of £7260pcm • Maisonette with 9 bedrooms and three bathrooms, garden • Two bedroom lower ground floor apartment • Permit parking available. Freehold. Council tax band D. EPC rating D

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 1a Mile End London Road Bath BA1 6PT

Full Description: A substantial Grade II Listed town house. Currently organised as two student HMO properties. 9 bedroom four storey maisonette and a two bedroom lower ground floor apartment. Garden. Yield of 7.9%.Description - A substantial Grade II listed Georgian townhouse presents a fantastic opportunity for any investor. The property has been consistently occupied as a 9-bedroom student house of multiple occupancy (HMO), with a separate 2 bedroom basement apartment offering additional income. Tenants in situ with secured tenants for the 25/26 academic year - 9 bed/3 bathroom maisonette achieving £5940pcm and the 2 bedroom apartment achieving £1320pcm. An impressive rental yield of 7.92%.The current owners have ensured that the property has been looked after and have carried out regular property maintenance. They have records since 2010 of all work undertaken.The location and desirable period architecture makes it an ideal investment opportunity. The property boasts over 5 floors of living space, providing plenty of scope for creating multiple apartments, holiday lets or converting into a single residential dwelling (subject to planning).Location - Monpelier is situated on the lower slopes of Lansdown Road in an enviable location. Within a ten minute walk of the city centre and a 20 minute walk of Bath Spa train station Also nearby are The Circus, Assembly Rooms and the Royal Crescent. There is a wide range of amenities close to the property, including boutiques, cafes and wine bars along Alfred Street and nearby, Saville Row and Bartlett Street. The city of Bath is famous for excellent cultural and leisure amenities including specialist shops, museums, art galleries and theatres. There are excellent communications and approximately 10 miles from Junction 18 of the M4. There are high-speed train services from Bath Spa Railway Station to London Paddington (approximately 80 minutes).BrochuresMontpelier, BathEPC

Property facts

Property type
House
Bedrooms
11
Bathrooms
4
Days on market
409 days

Features & amenities

Features & finishes
An impressive Grade II Listed Town House, A fantastic investment property providing a rental yield of 7.9%, Tenants in situ with tenants secured for the next academic year - monthly income of £7260pcm, Maisonette with 9 bedrooms and three bathrooms, garden, Two bedroom lower ground floor apartment, Permit parking available. Freehold. Council tax band D. EPC rating D

Location

Approximate location · exact address shared on inquiry

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