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1-1A Montpelier, Bath, Bath and North East Somerset, BA1 2RF
Product Description
INVESTMENT SUMMARY
– Fully licenced House of Multiple Occupation – 9 Bedrooms
– Separately accessed 2 Bedroom maisonette
– HMO currently producing a gross income of £5,220 PCM
– HMO is let on a 351 day term ending on the 30/06/2025
– Maisonette currently producing a gross income of £1,180 PCM
– Maisonette is let on a 349 day term ending on the 15/07/2025
– Grade II Listed
– Total gross annual income (2024/2025) £76,800
DESCRIPTION
This Grade II Listed property comprises a 9-bedroom HMO over ground, first, second and third floors with a shared kitchen and reception room located on the first floor, along with three bathrooms located throughout the property. The premises also benefits from a private rear garden accessed from the ground floor.
The lower ground floor comprises a 2-bedroom maisonette which is separately accessed from the front of the premises. The maisonette benefits from a small courtyard area at the rear.
Location
Bath is a city renowned for its attractive architecture, unique retail offering & world heritage status. Bath and North-East Somerset has a residential population of 193,400 and annual visitor numbers exceeding 6 million, according to the last Visitor Impact Report 2018. Bath is served by excellent transport infrastructure, junction 18 of the M4 being just 10 miles to the north via the A46. Train journeys to Bristol are just 12 minutes, with travel to London Paddington approximately 1 hour 20 minutes.
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Montpelier is a Georgian terrace facing south on to Brunswick Place, which joins onto Lansdown Road. The high pavement brings the buildings well above the traffic. The subject property is well located within the Lansdown ward of Bath, approximately 1 mile north from the city centre and has easy access to the A46 and M4. There is nearby on street parking and public car parking available at The Podium and at Charlotte Street Car Park.
Map
MAP GOES HEREProperty Quote Price
Tenure | Guide Price | Price Type |
---|---|---|
Freehold | £1,100,000 |