Mount Road, Bath, Bath

Guide price £400,000 - For Sale

Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

A fantastic residential investment opportunity comprising two recently converted (July 2019) two bedroom apartments. Both flats are let to students for the 2020/2021 academic year at a total rent of £30,000 per annum and would make an ideal ongoing rental investment or long-term break-up opportunity. Situated in the popular residential suburb of Southdown in Bath, the property has been finished to an excellent standard with modern kitchens and bathrooms, good-sized double bedrooms and parking for both flats.

DESCRIPTION -

A very-well presented detached building comprising two self-contained 2-bedroom flats that were converted in July 2019. Both flats are finished to an excellent standard and are let to students for the 2020/2021 academic year on Assured Shorthold Tenancy agreements. Both flats benefit from their own parking spaces and an area of external amenity space.

LOCATION -

The property is situated on Mount Road in the ever-popular Southdown to the south-west of the centre of Bath. A range of local amenities are available and excellent transport links are provided to the centre of Bath and Bristol.

ACCOMMODATION -

Please refer to floorplan for approximate room measurements and internal layout.

Ground Floor Flat (121 Mount Road) -

Comprising of an entrance hall with under stairs storage, utility cupboard housing a modern combination boiler and washing machine, an open-plan kitchen/living room with breakfast bar, two double bedrooms and a bathroom.

First Floor Flat (121A Mount Road) -

Accessed via a private entrance on the ground floor, stairs lead to the first floor accommodation which comprises of an open-plan kitchen/living room with vaulted ceiling and breakfast bar, two double bedrooms, a bathroom and a utility cupboard housing a modern combination boiler and washing machine.

TENANCY DETAILS -

121 Mount Road: The property is let to two students on a 12-month Assured Shorthold Tenancy agreement from 05 August 2020 at a rent of £1,200 per calendar month (£14,400 per annum).

121A Mount Road: The property is let to two students on a 12-month Assured Shorthold Tenancy agreement from 03 July 2020 at a rent of £1,300 per calendar month (£15,600 per annum).

TENURE -

The property is available on a freehold basis although separate long leases have been created for each flat. The freehold includes the parking/amenity area to the south of the building (excluding 2 parking spaces shaded green on the site plan that are in the ownership of the neighbouring property). Please note that the land to the north of the building has been sold off with planning consent for the erection of a 2-bedroom house and is not included in the sale.

ENERGY PERFORMANCE CERTIFICATES -

Rating: C

VIEWING -

Strictly by appointment with Maggs & Allen.

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Maggs & Allen use all reasonable endeavours to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.