5 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Leasehold (372 years remaining)
- STUDENT LET INVESTMENT OPPORTUNITY
- STUNNING VIEWS OVER BATH
- SEPERATE BASEMENT ACCOMODATION
- SHORT WALK FROM CITY CENTRE
- 372 YEARS REMAINING ON LEASE GROUND RENT OF £2 PA
- DEVELOPMENT OPPORTUNITY TO CONVERT INTO SINGLE DWELLING
- DESIRABLE LOCATION CLOSE TO BEARFLAT AND CITY CENTRE
- NEW PATIO TO UTILIZE OUTDOOR SPACE
- 360 VIRTUAL TOUR AVAILABLE- ONLINE VIEWING
- PLANNING CONSENT LOFT CONVERSION Application Reference: 21/04105/FUL
The property
Currently an exceptional student rental property, a longstanding investment opportunity with a proven track record of success. Under the ownership of the current proprietor since 1998, this property has boasted an impressive 100% occupancy rate, showcasing its reliability and appeal as a sought-after student accommodation.
The property has planning consent for a loft conversion: Application Reference: 21/04105/FUL
Presently, this property is leased to three students, offering comfortable and convenient living arrangements tailored to their academic pursuits. Generating a monthly rental income of £1930, this investment promises consistent returns, making it a lucrative addition to any portfolio. There’s an unoccupied fourth bedroom and basement which is ripe for conversion presenting further potential income.
This beautiful Victorian terraced house, spanning over three floors, offers ample space and versatility, with the added potential to convert the lower floor into a self-contained separate apartment, enhancing its value and income-generating capacity. Previously utilised as a separate let, the lower floor contributed to the property's rental income, bringing in £695 per month. This history of successful rental highlights the demand for additional accommodation within the vicinity, further underlining the potential profitability of such an investment.
Boasting proximity to amenities and breathtaking views of Bath city, this property offers an ideal canvas for renovation enthusiasts. Originally a Victorian residence, this building retains its period charm, providing a foundation for a restoration project that could reimagine it as a luxurious residential dwelling. With meticulous attention to detail, the original features can be preserved, reinstating the property's historic allure.
Furthermore, the addition of a new patio outdoor space enhances the property's appeal, offering an inviting area for relaxation and entertainment. Whether utilised as student accommodation or transformed into a stylish home, the potential of this property is boundless.
Location
Bear Flat is a renowned and sought-after neighbourhood, exuding a vibrant and bohemian atmosphere. Its popularity stems from its eclectic mix of amenities, coupled with its convenient downhill walk to the city centre, making it a favourite among locals and visitors alike.
Culinary enthusiasts will delight in the diverse dining options available, including the exclusive and high-end Menu Gordon Jones, renowned for its exquisite gastronomic experiences. For those craving a leisurely brunch, the Good Bear café beckons with its inviting ambiance and delectable menu.
Convenience is key in Bear Flat, with a local supermarket providing all the essentials, while a florist, delicatessen, gastro pub and take-away options cater to a variety of needs and tastes. Additionally, fitness enthusiasts can stay active at the Space Gym, offering state-of-the-art facilities for a fulfilling workout experience.
EPC Rating: D
Rooms
Reception Room 3.78m x 3.63m (12ft 4in x 11ft 10in)
Kitchen 3.40m x 3.12m (11ft 1in x 10ft 2in)
Bedroom Two 3.91m x 3.78m (12ft 9in x 12ft 4in)
Bedroom Three 3.38m x 3.12m (11ft 1in x 10ft 2in)
Bedroom Five 3.12m x 2.18m (10ft 2in x 7ft 1in)
Bedroom One 4.83m x 3.91m (15ft 10in x 12ft 9in)
Utility 3.35m x 2.39m (10ft 11in x 7ft 10in)
Reception Room 3.45m x 3.12m (11ft 3in x 10ft 2in)
Bedroom Four 3.15m x 2.82m (10ft 4in x 9ft 3in)
Garden 5.72m x 4.80m (18ft 9in x 15ft 8in)
Recently renovated patio area with access from both the basement as well as first floor.
Places of interest
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Property reference 9683d6b1-847c-4320-a2cf-c66644f5e754. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Camella Estate Agents - Batheaston.
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Broadband availability and predicted speed: obtained from Ofcom on March 17, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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