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£230,000

Marlborough Buildings, City Centre, Bath, BA1

  • 1 bed
Flat

£230,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£1,050 per month

Minimum deposit amount:

£11,500
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A charming studio apartment forming part of a magnificent Grade II Listed building over looking the Royal Crescent lawn. Bedroom/living room, mezzanine, kitchen, bathroom. No onward chain.

Discover this beautifully positioned studio apartment nestled in the lower part of Marlborough Buildings, overlooking the picturesque Royal Crescent green. This residence is part of a Grade II Listed building, just a short stroll from the city center and adjacent to Royal Victoria Park.The accommodation features a compact kitchen, a versatile living room/bedroom with stunning large sash windows, and a bathroom. Enjoy the added benefit of no onward chain and residents' on-street parking.The current owner have cherished this property for 24 years (since 2001), maintaining an impressive rental history with nearly continuous occupancy (at least 98%). The latest rental achieved is ?995 per month, offering a yield of 5.7%.

LOCATION

Marlborough Buildings is a charming Grade II Listed terrace of Georgian townhouses, ideally situated between the lush Royal Crescent lawn and the serene Royal Victoria Park. This vibrant area boasts an active residents' association and a wealth of excellent local amenities, including pubs, restaurants, shops, pharmacies, caf?s, and parks equipped with tennis courts, a par-3 golf course.Its central location provides easy access to Bath's diverse array of shops, dining options, bars, and entertainment venues, as well as a rich selection of cultural attractions. Residents can also enjoy a wide range of sporting opportunities in and around Bath, including rugby, cricket, golf, and horse racing.

TENURE

999 year lease commenced in 1970 Management charge for 2025/26 is set at ?1400 per year, charged quarterlyManagement company: Broventon Limited, they are in the process of buying the freehold.Subject to change.

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