Montpelier, Bath
- PROPERTY TYPE
House
- BEDROOMS
11
- BATHROOMS
4
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
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
Description
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).
Brochures
Montpelier, BathEPC- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Permit
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
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Visit our security centre to find out moreDisclaimer - Property reference 33912418. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Zest, Bath. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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