1 bedroom apartment for sale

£490,000 Offers in excess of

1

Bedrooms

1

Bathrooms

Floorplan

Situated on one of Baths most iconic and architecturally significant streets, this beautifully proportioned ground floor apartment offers classic Georgian charm in a prime city-centre setting.

The accommodation comprises a spacious double bedroom featuring a walk-in wardrobe, a light-filled living space with high ceilings, sash windows with working shutters, grand fireplace and a well-appointed kitchen and shower room. The apartment enjoys tranquil views over Bath Rec and is just moments from the vibrant city centre, making it ideal for professionals, downsizers, or as a high-end investment or pied--terre.

Location:
Great Pulteney Street is famed for its grand Georgian architecture and is ideally located for enjoying all that Bath has to offer including independent shops, restaurants, museums, and the Holburne Museum. Bath Spa train station is less than 10 minutes walk away, offering direct links to London and Bristol.

Council Tax Band D
Tenure: 960 years Leasehold with a Share of the Freehold
Ground Rent: 0
Service Charge: 4363.74

Entrance Hall - 1.09m x 0.94m (37 x 31) - Storage cupboard, doors to:

Shower Room - 1.73m x 1.63m (58 x 54) - Shower enclosure, wc, wash hand basin, sash window to side, extractor

Living Room - 5.13m x 5.69m (1610 x 188) - Two sash windows with working shutters overlooking Bath Rec, fireplace with marble surround and coal effect gas fire, three radiators, storage cupboard

Kitchen - 1.80m x 2.67m (511 x 89) - A range of matching wall, drawer and base units with worktop over. Built in dishwasher, electric oven and hob, washing machine, fridge and freezer, Sash window to side

Bedroom - 4.62m x 5.16m (152 x 1611) - Two sash windows looking out onto Great Pulteney Street, two radiators, fireplace, door to walk in wardrobe, door to communal hall



Features
  • Freehold

Map location is not available for this property.

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 406950

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 12250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 39450
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

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.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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