2 bedroom apartment for sale

£375,000 Offers in excess of

2

Bedrooms

1

Bathrooms

Floorplan

A stylish Georgian apartment that beautifully balances period charm with contemporary living, all in the heart of town. A private entrance sets the tone for the sense of exclusivity, opening into elegant and light-filled interiors. The generous living room, with its rich oak flooring and striking feature fireplace, creates a sophisticated space for both relaxing and entertaining. Two spacious double bedrooms offer comfort and versatility, while the private enclosed garden provides a rare haven - ideal for al fresco dining, quiet mornings with a coffee, or evening gatherings with friends. With its central location and timeless character, this is a home that perfectly combines convenience, style, and lifestyle appeal.

Tenure: Leasehold - Share of freehold 965 years remaining of 999 year lease.
Managed by: 18 Portland Place Bath (Management) Limited
Service charge: 2,400 per annum
EPC rating C
Council: Bath and North East Somerset, tax band C
Mains water, electricity and gas
Heating: Gas

Description - From a private entrance, a welcoming hallway leads through to the generous sitting room and dining area, a light-filled space with elegant oak flooring and a charming feature fireplace. The well-appointed kitchen is fitted with a range of units and appliances.
There are two spacious double bedrooms, each offering comfort and versatility, alongside a neatly presented family bathroom. The apartment also benefits from a useful cellar and vault storage.

Accommodation - Accommodation
Steps down to: Front Courtyard and vaults (not tanked) -one housing all meters. Front door. Threshold mat. Entrance Vestibule.
Hallway: Door leading down to Cellar. Oak flooring. Radiator. Large walk-in cupboard with shelving. Storage cupboard. Airing cupboard housing hot water tank.
Sitting Room: Feature oak flooring. 2 sash windows to rear elevation. 2 radiators. 3 wall lights. Feature Bath stone fireplace with storage alcoves to each side. Recessed shelving. TV point. CH control point. Display lighting.
Kitchen: Well equipped, with range of wall and base cupboards with work surfaces over. Built in double oven/grill and 4 ring hob with extractor hood over. Drawer unit. Wall mounted display cabinets. Integrated fridge. Washing machine. Vinyl flooring. Door to garden.
Bathroom: Totally refurbished suite comprising modern white panelled bath with luxury shower and screen over. WC and Wash hand basin with tiled splashback. Complementary wall and floor tiling. Bathroom cabinet. Chrome heated towel rail. Extractor fan.
Bedroom One: Sash window with working shutters to front elevation. Radiator. Feature Bath stone fireplace. Built in corner wardrobe with hanging rail and shelving and cupboards overhead.
Bedroom Two: Sash window with working shutters to front elevation. Radiator. Telephone point.
Cellar: Steps leading down to Basement Cellar. Wall and base cupboards suitable to store paints, sundry items and tools.
Garden: Small private enclosed pretty garden with bespoke iron balustrade made by Ironart of Bath and seating area.

Location - The apartment enjoys an enviable position in Portland Place, one of Baths most elegant Georgian terraces, situated on the sought-after northern slopes of the city. Just a short walk from the independent shops and cafs of Julian Road and within easy reach of Bath city centre, the property offers excellent access to a wide range of cultural, leisure and shopping amenities.
Spa railway station provides direct links to London Paddington and Bristol and Portland Place enjoys convenient road access to the M4 and surrounding countryside.

Key Features - Tenure: Leasehold - Share of freehold 965 years remaining of 999 year lease.
Managed by: 18 Portland Place Bath (Management) Limited

Service charge: 2,400 per annum
EPC rating C
Council: Bath and North East Somerset, tax band C
Mains water, electricity and gas
Heating: Gas



Features
  • Freehold

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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

£ 312075

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

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

  • Refurbishment Budget
    £ 9375
  • 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

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£

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

£ 30825
  • 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.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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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

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

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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