Property for sale in Bath, Lansdown Road, BA1 : Bath : BTH240214

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6 bedroom , Lansdown Road, Bath BA1 - Available

Lansdown Road, Bath BA1

6 Bedroom | Freehold | 3 Baths

Guide price £795,000

Bath Spa 0.8 miles

Oldfield Park 1 miles

Hilton Hotel 0.3 miles

A substantial Georgian townhouse comprising two apartments and an empty shop on the ground and lower floors. Potential for change of use to residential for the commercial section. To be sold with residential tenants in situ. Double garage to the rear and garden.

Accommodation
1st Floor Flat: Three bedrooms • Kitchen • En suite • Bathroom
2nd & 3rd Floor Flat: Four bedrooms • Kitchen • Sitting room • Shower room
Commercial space: Main room • Kitchen • Pantry • Cellars on lower ground floor and W.C

Description
This mixed use property is for sale with residential tenants in situ with an income of £2,500 per calendar month (£30,000 per annum).
The commercial element of the building on the ground and lower ground floor has been vacant for some time.
The building is Grade II listed and the ground floor was originally Lansdown Stores then more recently an art gallery.
We think that there is a good chance of gaining change of use to residential for the ground and lower ground floors, subject to planning and consents. Upstairs are two large apartments, the top one being a maisonette. The property ideally would be sold with tenants in situ.
There is a garden to the rear as well as a double garage accessed from Coromandel Heights behind. The garage has power and lighting rear access to the garden and a storage shed built in underneath also accessible from the garden.

Situation
Situated on the lower slopes of Lansdown and is within walking distance of the city centre. Lansdown is an attractive area on the north side of the city, with easy access to the M4 (J18) and A420 providing links to Bristol, Chippenham and the M4. Lansdown is popular due to its proximity to The Royal High School, Kingswood and St. Stephens Church of England Primary School. The Lansdown Tennis and Squash club is also a short walk with local shops and small businesses located on Lansdown Road and Julian Road to the south.

Additional Information
Tenure: Freehold
Planning: Grade II listed, mixed use.
Council Tax: Bands B and C for flats.
Local Authority: Bath and North East Somerset Council.
Services: All mains services are connected.
Residential EPC: Both flats Band D
Commercial EPC: Band E
Viewing: Strictly by appointment with Carter Jonas.

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

Need to sell a property

or thinking of letting?

If you have a property to sell, why not see how we can help you.

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Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.