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Two-bedroom coach house with six garages
Bath, BA1 - Get Access
2 bed
1 bath
Description
The lot comprises a recently renovated two-bedroom coach house with a rank of six single garages below, located in a gated courtyard in the very heart of Bath. The coach house features a private entrance, an open-plan kitchen and living area, two bedrooms, and a bathroom. The accommodation spans approximately 488 sq ft. The property is sold subject to existing tenancies, producing a total annual income of £35,160 PA. The coach house is let producing £2,000 pcm, and the six individual garages produce varying monthly rents totalling £920 pcm. Both the garages and the flat offer scope for increased income based on short-term holiday letting or AirBnB-style tenancies, given the central location. There is also development potential to either increase the size of the existing dwelling or potentially create a second unit in the space above the two end garages, subject to gaining the necessary planning consents. Additionally, there is potential to break up the garages for individual resale in an area where pressure on both parking and storage is at an absolute premium. Situated in the heart of Bath, Bath Street is a short stroll from The Circus, Brock Street, and The Royal Crescent. Milsom Street and the wider city centre are within easy walking distance, offering an array of cultural and leisure facilities with some of the finest shops and restaurants outside London. Bath Spa train station provides direct access to London Paddington, and the M4 at Junction 18 is approximately 10 miles distant. The area benefits from an excellent range of schools in both the public and state sectors. As one of only three UK World Heritage Cities, Bath offers a wealth of attractions including The Theatre Royal and the Bath Festivals Trust, which provides an eclectic programme of events throughout the year.
Comparable sales
Flat 1, 1, Bilbury Lane, BA1 1AZ
0.0 mi
£675,000
Flat 2, Abbey House, Abbey Green, BA1 1NR
0.0 mi
£273,000
6, North Parade Buildings, BA1 1NS
0.1 mi
£1,300,000
Estimated market value
£
Range:
£
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Medium confidence
Floor Area: 488 sq ft (Listing)
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