Montpelier, Bath, BA1

This Grade 2 listed Georgian townhouse presents a unique opportunity for investors and developers alike. With its prime location, generous outside space, and existing records of consistent occupancy as a 9-bedroom student house of multiple occupancy (HMO), with a separate 2 bedroom basement apartment offering additional income, this historic property is a rare find close to the city centre.

Historically achieving rental yields between 6-7% (before disbursements), this house has proven to be a lucrative investment opportunity. The sellers have secured tenants for the 24/25 academic year with an increased rental income. Rental income and disbursements can be provided upon request.

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).

Located just off Lansdown Road and within easy walking distance to the city centre, Royal Crescent, and The Circus. Residents can enjoy the convenience of having shops, cafes, restaurants, and entertainment options right at their doorstep.

Pleased be advised there is no parking. Information regarding residents on street parking permits can be obtained from Banes council.