Marlborough Street, Bath, Somerset, BA1 2TX - 6 views - a year ago
Listed for £600,000
May 18, 2023
Built 1790-1793 by John Palmer, is this Georgian Grade II listed townhouse which is located just off of St James's Square. The house offers up an investment opportunity and is currently divided into 5 flats with tenants in situ. Ideal for cash purchasers and investors. The property which has 2701 square foot of internal accommodation is in need of updating. The property is being sold as part of an estate.
Marlborough Street is set in a superb position just off St James's Square in the World Heritage City of Bath. Within the St James's Square area there is a selection of local shops and amenities including a delicatessen, chemist and newsagent. The city centre of Bath is within easy walking distance providing a full range of retail outlets, fine dining and tourists attractions including the Theatre Royal, Thermae Spa, the Abbey, the Pump Rooms, and Southgate centre, whilst the Bath Spa Railway Station provides direct access to London Paddington, Swindon, the city of Bristol and South Wales.
The property overlooks the Bath Approach Golf Course to the rear and is particularly well positioned for the Royal Victoria Park. In addition, the cosmopolitan city of Bristol is some 10 miles to the west of Bath. The property is also well positioned with access to the M4 Junction 18 which is approximately 11 miles to the north of the city.
AGENTS NOTE:
Consumer Protection from Unfair Trading Regulations 2008. Buyers are advised to check the availability of any property and make an appointment to view before embarking on any journey to see a property.
For your information, the Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Surveyor and or Solicitor.
The Agent has not had sight of the title documents, so references to the Tenure of a Property are based on information supplied by the Seller. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may, in some cases, be available by separate negotiation.
Population in BA1 | 40,588 |
Population in Bath | 114,154 |
Town centre distance | 0.84 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.84 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -8% |
Sales demand | Balanced market |
Capital growth (5yrs) | +5% |
Sold prices | £445K - £3.9M |
Sold prices/m² | £2,400/m² - £11,686/m² |
| |
Square metres | ~178.28 m² |
Price/m² | £3,365/m² |
Value estimate | £600,000 |
| |
End value, after refurb | £1,241,996 |
Uplift in value | +107% |
40 sold prices
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£2.8M | 11/20 | 0.02 mi | 11, St James's Square, Bath, Bath And North East Somerset BA1 2TR | - | - | 5 | Terraced House | |
£1.2M | 06/21 | 0.11 mi | 32, Northampton Street, Bath, Avon BA1 2SW | - | - | 5 | Terraced House | |
£2.9M | 09/21 | 0.23 mi | 4, Brock Street, Bath, Bath And North East Somerset BA1 2LN | £8,051 | 354 | 5 | Terraced House | |
£2.2M | 02/23 | 0.29 mi | 18, Russell Street, Bath, Bath And North East Somerset BA1 2QF | - | - | 5 | Terraced House | |
£1.0M | 01/21 | 0.31 mi | Ardmore House, Lansdown Road, Bath, Bath And North East Somerset BA1 5SU | £4,505 | 222 | 5 | Semi-Detached House | |
£1.1M | 12/20 | 0.31 mi | Sherford House, Lansdown Road, Bath, Bath And North East Somerset BA1 5SU | £4,864 | 221 | 5 | Semi-Detached House | |
£1.5M | 06/21 | 0.32 mi | 23, Bennett Street, Bath, Bath And North East Somerset BA1 2QL | - | - | 5 | Terraced House | |
£3.7M | 01/21 | 0.33 mi | 19, Somerset Lane, Bath, Bath And North East Somerset BA1 5SW | £8,565 | 432 | 5 | Detached House | |
£3.9M | 11/19 | 0.33 mi | Tylehurst, 7, Sion Hill, Bath, Bath And North East Somerset BA1 2UH | £8,063 | 477 | 5 | Semi-Detached House | |
£2.0M | 09/21 | 0.33 mi | 8, Ainslies Belvedere, Bath, Bath And North East Somerset BA1 5HT | £11,686 | 169 | 5 | Terraced House | |
£1.7M | 08/21 | 0.34 mi | 18, Gay Street, Bath, Bath And North East Somerset BA1 2PD | - | - | 5 | Terraced House | |
£1.8M | 05/21 | 0.35 mi | Sunnyside, Sion Hill, Bath, Bath And North East Somerset BA1 2UW | £8,272 | 217 | 5 | Detached House | |
£2.0M | 12/19 | 0.35 mi | 14, Gay Street, Bath, Bath And North East Somerset BA1 2PH | £6,160 | 320 | 5 | Terraced House | |
£1.1M | 03/21 | 0.44 mi | Siena, Cranwells Park, Bath, Bath And North East Somerset BA1 2YE | £5,584 | 197 | 5 | Detached House | |
£1.3M | 03/23 | 0.46 mi | Onslow House, Weston Road, Bath, Bath And North East Somerset BA1 2XX | - | - | 5 | Semi-Detached House | |
£1.1M | 10/20 | 0.49 mi | Kelston House, College Road, Bath, Bath And North East Somerset BA1 5RY | £4,762 | 231 | 5 | Detached House | |
£1.8M | 09/22 | 0.49 mi | Spindlewood, College Road, Bath, Bath And North East Somerset BA1 5RY | £6,444 | 272 | 5 | Semi-Detached House | |
£1.0M | 12/20 | 0.5 mi | 2, Walcot Parade, Bath, Bath And North East Somerset BA1 5NF | £5,614 | 183 | 5 | Terraced House | |
£910K | 12/19 | 0.59 mi | Grove House, Hamilton Road, Bath, Bath And North East Somerset BA1 5SB | £5,948 | 153 | 5 | Detached House | |
£1.7M | 09/22 | 0.59 mi | 5, Hamilton Road, Bath, Bath And North East Somerset BA1 5SB | £7,099 | 243 | 5 | Detached House | |
£945K | 02/21 | 0.66 mi | 13, Walcot Buildings, Bath, Bath And North East Somerset BA1 6AD | - | - | 5 | Terraced House | |
£935K | 11/20 | 0.68 mi | Hermitage Lodge, Lansdown Road, Bath, Bath And North East Somerset BA1 5TB | £5,343 | 175 | 5 | Semi-Detached House | |
£750K | 08/23 | 0.72 mi | 38, Gainsborough Gardens, Bath, Bath And North East Somerset BA1 4AJ | £6,708 | 112 | 5 | Semi-Detached House | |
£870K | 12/22 | 0.75 mi | 15, Brunswick Street, Bath, Bath And North East Somerset BA1 6PQ | - | - | 5 | Terraced House | |
£1.8M | 07/23 | 0.76 mi | 5, Van Diemen's Lane, Bath, Bath And North East Somerset BA1 5TW | £7,762 | 225 | 5 | Detached House | |
£625K | 01/23 | 0.79 mi | 22, Frankley Buildings, Bath, Bath And North East Somerset BA1 6EG | £5,682 | 110 | 5 | Terraced House | |
£1.0M | 03/23 | 0.81 mi | 105, Lower Oldfield Park, Bath, Bath And North East Somerset BA2 3HR | - | - | 5 | Terraced House | |
£625K | 12/21 | 0.83 mi | 70, Wells Road, Bath, Bath And North East Somerset BA2 3AR | - | - | 5 | Detached House | |
£445K | 01/21 | 0.84 mi | 28, Livingstone Road, Bath, Bath And North East Somerset BA2 3PH | £5,000 | 89 | 5 | Terraced House | |
£445K | 01/21 | 0.84 mi | 28, Livingstone Road, Bath, Bath And North East Somerset BA2 3PH | £5,000 | 89 | 5 | Terraced House | |
£1.4M | 06/21 | 0.86 mi | Charlcombe Cottage, Lansdown Road, Bath, Bath And North East Somerset BA1 5TD | £5,870 | 230 | 5 | Detached House | |
£710K | 06/21 | 0.87 mi | 3, Newbridge Hill, Bath, Bath And North East Somerset BA1 3PW | £3,880 | 183 | 5 | Semi-Detached House | |
£480K | 03/21 | 0.87 mi | 11, Newbridge Hill, Bath, Bath And North East Somerset BA1 3PW | £2,400 | 200 | 5 | Semi-Detached House | |
£970K | 03/21 | 0.87 mi | Penoakmoor, Lansdown Road, Bath, Bath And North East Somerset BA1 5TD | £4,429 | 219 | 5 | Terraced House | |
£1.3M | 10/20 | 0.87 mi | 17, Combe Park, Bath, Bath And North East Somerset BA1 3NP | £3,511 | 356 | 5 | Semi-Detached House | |
£1.4M | 11/19 | 0.88 mi | 13, Raby Place, Bathwick, Bath, Bath And North East Somerset BA2 4EH | - | - | 5 | Terraced House | |
£800K | 11/22 | 0.91 mi | 6, Park Road, Bath, Bath And North East Somerset BA1 3EE | £5,000 | 160 | 5 | Terraced House | |
£581.5K | 04/21 | 0.92 mi | 17, Kennington Road, Bath, Bath And North East Somerset BA1 3EA | - | - | 5 | Terraced House | |
£868.8K | 11/20 | 0.97 mi | 38, Newbridge Road, Bath, Bath And North East Somerset BA1 3JZ | £4,525 | 192 | 5 | Semi-Detached House | |
£925K | 03/21 | 0.99 mi | 3, Alexander Buildings, Bath, Bath And North East Somerset BA1 6AT | £3,544 | 261 | 5 | Terraced House |
Cash In | |
Deposit (25%) | £150,000 |
Stamp duty & legals | £36,700 |
Refurb costs | £72,394 |
Total cash in | £259,094 |
| |
Cash Out | |
Monetisation | Rent OutFlip |
Rent range | £1,500 - £8,500 |
Rent estimate | £3,470 |
Revaluation | £1,241,996 |
New mortgage | £709,094 |
Cash left in | £6,250 |
Running costs/mo | £3,669 |
Cashflow/mo | £-199 |
Cashflow/yr | £-2,388 |
Gross yield | 7% |
51 rents
Rent | Date | Distance | Address | Beds | Type | |
£2,300 | 03/24 | 0.08 mi | Marlborough Buildings | 3 | Flat | |
£4,250 | 03/24 | 0.11 mi | Northampton Street, Bath | 4 | Terraced House | |
£4,250 | 03/24 | 0.11 mi | Northampton Street, Bath | 4 | Terraced House | |
£3,995 | 04/24 | 0.11 mi | Northampton Street, Bath | 4 | Terraced House | |
£2,350 | 03/24 | 0.12 mi | Crescent Lane, Bath, BA1 | 4 | Terraced House | |
£2,550 | 03/24 | 0.12 mi | Phoenix House, Julian Road, Bath, BA1 | 3 | Flat | |
£2,100 | 04/24 | 0.15 mi | Catharine Place, BA1 | 3 | Flat | |
£1,850 | 03/24 | 0.16 mi | Catharine Place, Bath, Somerset, BA1 | 3 | Flat | |
£2,100 | 03/24 | 0.18 mi | Marlborough Buildings | 3 | Flat | |
£2,100 | 03/24 | 0.18 mi | Marlborough Buildings | 3 | Flat | |
£2,250 | 03/24 | 0.19 mi | Portland Place, Lansdown | 3 | Flat | |
£2,025 | 03/24 | 0.2 mi | Gloucester Street, Bath, BA1 | 3 | Flat | |
£3,250 | 03/24 | 0.2 mi | Burlington Street, Bath, BA1 | 5 | Flat | |
£3,400 | 03/24 | 0.21 mi | Hope House | 3 | Flat | |
£2,175 | 04/24 | 0.21 mi | Portland Place, Bath, BA1 | 3 | Flat | |
£2,850 | 05/24 | 0.23 mi | Circus Mews Bath BA1 | 4 | Flat | |
£3,500 | 05/24 | 0.23 mi | - | 3 | Flat | |
£5,100 | 03/24 | 0.24 mi | Rivers Street, Bath, BA1 | 6 | Flat | |
£2,500 | 03/24 | 0.24 mi | Circus Mews, Bath, BA1 | 3 | Flat | |
£1,900 | 03/24 | 0.27 mi | Morford Street, Bath | 3 | Terraced House | |
£2,500 | 03/24 | 0.27 mi | Lansdown Place West, Bath, Somerset, BA1 | 3 | Flat | |
£2,500 | 04/24 | 0.27 mi | Lansdown Place West | 3 | Flat | |
£1,575 | 03/24 | 0.28 mi | - | 3 | Flat | |
£3,950 | 04/24 | 0.29 mi | Russell Street, Bath. | 3 | House | |
£1,850 | 04/24 | 0.3 mi | Camden Crescent, Bath | 3 | Flat | |
£4,250 | 03/24 | 0.3 mi | Somerset Place, Bath, Somerset, BA1 | 3 | Flat | |
£3,500 | 04/24 | 0.31 mi | Belvedere | 6 | House | |
£1,500 | 05/24 | 0.32 mi | Camden Court | 3 | Flat | |
£2,800 | 04/24 | 0.34 mi | Alfred Street, Bath, Somerset, BA1 | 4 | House | |
£7,000 | 03/24 | 0.34 mi | - | 5 | Semi-Detached House | |
£7,000 | 02/24 | 0.34 mi | - | 5 | Semi-Detached House | |
£7,000 | 03/24 | 0.34 mi | - | 5 | Semi-Detached House | |
£7,000 | 05/24 | 0.34 mi | - | 5 | Semi-Detached House | |
£7,000 | 05/24 | 0.34 mi | - | 5 | Semi-Detached House | |
£2,000 | 03/24 | 0.35 mi | Belvedere, Bath, BA1 | 3 | Flat | |
£2,400 | 03/24 | 0.35 mi | Guinea Lane, Bath, BA1 | 3 | Flat | |
£1,595 | 05/24 | 0.36 mi | - | 3 | Flat | |
£8,500 | 04/24 | 0.36 mi | Springfield Place Lansdown Road BA1 | 5 | Terraced House | |
£8,500 | 03/24 | 0.36 mi | Springfield Place, Bath, Somerset, BA1 | 5 | Semi-Detached House | |
£8,500 | 03/24 | 0.36 mi | Springfield Place, Bath, Somerset, BA1 | 5 | Semi-Detached House | |
£1,600 | 02/24 | 0.37 mi | - | 3 | Flat | |
£1,600 | 03/24 | 0.37 mi | Camden Crescent, Bath, BA1 | 3 | Flat | |
£3,250 | 05/24 | 0.4 mi | Sion Hill | 4 | House | |
£2,400 | 10/23 | 0.41 mi | Walcot Street, Bath, Somerset, BA1 | 4 | Terraced House | |
£2,950 | 03/24 | 0.42 mi | Paragon, Bath | 4 | Flat | |
£8,000 | 03/24 | 0.42 mi | Paragon, Bath | 5 | Terraced House | |
£8,000 | 03/24 | 0.42 mi | The Paragon, Bath, BA1 | 6 | Terraced House | |
£2,200 | 05/24 | 0.44 mi | - | 3 | Flat | |
£2,200 | 05/24 | 0.44 mi | Lansdown House, Bath, BA1 | 3 | Flat | |
£3,500 | 03/24 | 0.45 mi | - | 4 | Detached House | |
£3,500 | 03/24 | 0.45 mi | Lansdown Road, Bath, BA1 | 4 | Detached House |