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£350,000 Offers in excess of
Bedrooms
Bathrooms
2 Horstman Villas is a well-presented two-bedroom maisonette arranged over the first and second floors of an attractive Victorian villa, part of a prestigious development in the sought-after residential area of Newbridge. Originally built around 1848 as the earliest significant buildings in this part of Newbridge Road, the villas were sympathetically converted into self-contained apartments in 2006, retaining their historic character while offering spacious, light and modern interiors.
The property benefits from its own private front door, ensuring privacy and security, and two dedicated off-road parking spaces. On the first floor, there is a bright and spacious open-plan kitchen, living and dining room with high ceilings, creating an ideal space for both relaxing and entertaining. Upstairs, the top floor offers two comfortable double bedrooms and a stylish bathroom. Residents also enjoy access to a communal garden area at the front and a shared patio between the villas.
The location is exceptionally convenient, with Chelsea Road just a short walk away, providing a vibrant mix of independent shops, a bakery, cafs, restaurants and everyday amenities. Larger supermarkets, gyms, and the Royal United Hospital are close at hand, along with Bath Spas Locksbrook Campus and the extensive green space of Royal Victoria Park. Excellent public transport links, including rail and bus services, make the city centre easily accessible, while nearby countryside, river and cycle paths (including the Bath to Bristol route and Two Tunnels) offer plenty of opportunities for recreation.
Key Information
Tenure: Leasehold 999 years from 2005
Share of Freehold with Horstman Villas Management Co. Ltd
Service charge: 1,950 per annum
Ground rent: None
Short-term lets/Airbnb: Not permitted
Council Tax: Band D
EPC Rating: B
Professionally managed by HML, with Share of Freehold
Hallway - 1.65m x 1.88m (55' x 62') - The maisonette is accessed at the rear of the property via iron steps and balustrade to the front door. This leads into a hallway with storage cupboard and stairs leading to the first floor.
Sitting Room / Dining - 4.25 x 6.2m (1311' x 204') - A sunny south-facing aspect with double glazed wooden sash windows and a contemporary style wall-mounted gas fire. Far-reaching views towards Bear Flat and the hills beyond.
Open Plan Kitchen - 2.64m x 3.20m (87' x 105') - A good range of stylish units with integrated appliances including a slimline BEKO dishwasher, an AEG washing machine/dryer, a fridge/freezer and electric Stoves oven with gas hob. Wall-mounted Worcester combi boiler.
Bedroom 1 - 4.08 x 3.60 (134' x 119') - A sunny spacious double bedroom with fitted wardrobe and southerly aspect.
Bathroom - 2.89 x 2.08 (95' x 69') - Luxury bathroom with bath, walk-in shower, towel rail, WC, washbasin and recessed lighting. Limestone coloured tiled flooring.
Bedroom 2 - 2.84 x 3.42 (93' x 112') - Sunny spacious double bedroom with fitted wardrobe
Further Information - Double glazed wooden sash windows throughout
Gas central heating
Mains electric
Mains water
Council Tax Bath & North East Somerset, Band D
EPC Band B
Map location is not available for this property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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