Summary - Flat 1, 23 Walcot Buildings, London Road BA1 6AD
3 bed 1 bath Apartment
Grade II listed first-floor flat with income and long lease in central Bath..
- Grade II listed Georgian townhouse first-floor flat
- Three bedrooms, small overall size, ~753 sq ft
- Currently let: £1,800pcm rising to £1,920pcm in 2025/26
- Long lease remaining: 955 years
- Electric storage heaters; limited energy efficiency
- Very slow broadband speeds; excellent mobile signal
- Medium flood risk; check insurance and flood advice
- Listed status restricts alterations; potential refurbishment limits
A rare Grade II listed three-bedroom apartment in central Bath, arranged on the first floor of a Georgian townhouse. The flat (approx. 753 sq ft) is currently let to students/professionals and produces a confirmed rent of £1,800 pcm for this academic year, rising to £1,920 pcm from 2025/26 — offering an immediate income stream and a reported gross yield around 6.3–6.8% at the asking price.
The building’s period character and long lease (955 years) are strong positives for long-term ownership; original sandstone construction and sash windows give architectural appeal. Practical considerations include secondary glazing and electric storage heaters, making the property straightforward to maintain for rental use but limiting energy efficiency compared with modern heating systems.
Notable constraints are material and transactional: the Grade II listed status will restrict alterations and may complicate refurbishment plans, and the building is of traditional sandstone construction with no assumed wall insulation. Broadband speed is very slow — a drawback for modern tenants — though mobile signal is excellent. There is a medium flooding risk; buyers should review insurance and local flood guidance.
This property suits investors targeting Bath’s student and professional rental market, or buyers seeking a characterful central pied-à-terre with rental income in place. Be aware of listing constraints and energy/insulation shortcomings before planning any works.
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