The property is a mid terrace Grade I listed Georgian building comprising 5 storeys, including basement and mansard, with dressed Ashlar Stone front elevations and part dressed and part coursed rubble rear elevations under a slate mansard pitch roof. Window casements are predominantly single glazed sash.
The property is believed to have been converted into flats in the late 1980s. There is a communal entrance hall and stairwell accessed from St James's Square. The communal entrance serves all flats but the basement flat has independent access from the front and rear and the 1st floor flat is also accessible from the garden.
( Agency Pilot Software Ref: 20010068 )
Location
The property is located on the west side of St James's Square close to its junction with Marlborough Street. The rear of the property, including garaging, is accessed off Davendish Road, with the golf course adjacent. The property is within a row of Georgian terraced townhouses, some of which are converted to provide apartments.
The immediate locality is a 'higher' value residential area a short distance to the north of the city centre, with a significant number of larger period properties of architectural merit to include the Royal Crescent. Local eminitiesm including both public and independent schools, are available nearby.
Bath was inscribed as a World Heritage Site in 1987. It is a university city, a regional shopping, cultural and employment centrem and an international tourist attraction. The city is located at the juncture of the A4 (Chippenham to Bristol), the A36 (south to Warminster/Salisbury) and the A46 (north to Stroud and beyond). The M4 motorway (junction 18) is approximately 16km north. The city has a mainline railway station and is well served by public transport. The property is within the Bath Conservation Area.
Accommodation
Courtyard Flat (1) - Two Bedroom with paved rear garden
Flat 2 (Ground Floor) - One bedroom darden apartment with paved private rear garden
Flat 3 (1st Floor) - Two bedroom apartment
Flat 4 (2nd Floor) - Two bedroom apartment
Flat 5 (3rd Floor) - One bedroom apartment
Rear Garage - Double
Total Gross Internal Area - 4,183 sq ft (389 sq m)
Terms
Tenure - Freehold. The flats are let on Assured Shorthold Tenancies
Price - Freehold offers are invited in excess of £2,000,000 (Two Million Pounds)
VAT - All figures are exclusive of VAT, if applicable
EPC - The property is Listed but last EPC's show Band D ratings for each of the flats.
Specification
- Comprising 5 Flats & Garage
- Current Income £67,740 per annum
- Gross initial yield of 3.39% at £2M