Montpelier, Bath BA1 11 bed house for sale

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Montpelier, Bath BA1 11 bed house for sale

Montpelier, Bath
£1,100,000

Our Summary

  • 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)

Description

This Grade II listed Georgian townhouse in Monpelier, Bath, presents a fantastic investment opportunity, offering a yield of 7.9%. The property is currently divided into two separate units: a 9-bedroom student house of multiple occupancy (HMO) and a 2-bedroom basement apartment. The tenants are secured for the 25/26 academic year, generating £6,940 per month for the maisonette and £1,320 per month for the apartment. The property has been well-maintained by the current owners, with records of all work undertaken since 2010. With over 5 floors of living space, there is scope to create multiple apartments, holiday lets, or convert the property into a single residential dwelling (subject to planning). The location is highly desirable, with a 10-minute walk to the city centre and a 20-minute walk to Bath Spa train station. The property is surrounded by amenities, including boutiques, cafes, and wine bars, and offers excellent communications, with high-speed train services to London Paddington.