Summary - FLAT 1, 114-116, WALCOT STREET BA1 5BG
1 bed 1 bath Apartment
Turnkey short-let investment in the heart of Bath with private outdoor space.
- Central artisan-quarter location, five-minute walk to Bath High Street
- Private south-facing paved courtyard with hot tub
- Proven holiday-let income: typical turnover £40–50K/year
- Fully renovated six years ago to a high specification
- Long lease: 996 years (leasehold)
- Listed status: will restrict alterations and complicate consents
- Service charge approx. £2,242/year; walls likely uninsulated
- Area records very high crime levels; consider insurance/lettings impact
Set behind a secure gated entrance in Bath’s artisan quarter, this uniquely converted wine-vault apartment offers rare central living plus proven holiday-let income. The open-plan living area opens through glass doors to a secluded, south-facing paved courtyard with hot tub — a strong guest draw and private retreat in the heart of the city. High-spec fittings including Kahrs oak flooring, quartz worktops, Duravit sanitaryware and an upgraded roof (2019) mean little immediate investment is required.
Currently run as a short-let producing a typical annual turnover of £40–50K, the property is sold empty or fully furnished and can sleep up to seven guests. The long lease (996 years) removes typical leasehold timing pressures, and double glazing is fitted despite the listed status — a convenience seldom found in centrally listed Bath buildings.
Important considerations: the building is listed, which can restrict alterations and may complicate consent for changes. The area records very high crime levels, which could affect longer-term letting perceptions and insurance. Walls are original sandstone/limestone with assumed no cavity insulation, and there is an average service charge (£2,242/yr). Buyers seeking a low-maintenance freehold home should note this is leasehold.
This apartment suits an investor or buyer seeking a central, characterful pied-à-terre with immediate rental potential. It combines historic charm and contemporary finishes, with a realistic list of constraints any purchaser should factor into renovation, insurance or letting plans.
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