2-bedroom flat · BA2 5RS
Sold STCListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property A self contained two bedroom ground floor apartment benefiting from its own front door, in need of upgrading. The accommodation comprises of "L" shaped hall providing access to all rooms.
As you proceed along the hallway you will find two good size double bedrooms and a bathroom. At one end of the hallway, you enter into the living room which is light and airy with vaulted ceiling.
The kitchen area is equipped with work tops modern units. Externally you will find communal gardens to front and rear aspects and the benefit of an allocated parking space.
The Situation The Hexagon is an interesting residential development of apartments and houses, converted approx 2005/06 by the well-respected local developers Future Heritage who specialise in the redevelopment of heritage buildings.
The Hexagon is located on Bath’s southern slopes and is particularly well placed for easy access to Bath University, Combe Down Village and the nearby Bear Flat area.
There are excellent local amenities close by which include countryside walks and a large national chain supermarket and many good schools.
The World Heritage City of Bath is on the doorstep and offers a wonderful array of chain and independent shopping, a fine selection of restaurants, cafes and wine bars and many well respected cultural activities which include a world renowned music and literary festival, One Royal Crescent and Holburne museums and many London shows at The Theatre Royal.
Communications include a fast direct line to London Paddington, Bristol and South Wales from Bath, plus access to the motorway network at Junction 18 of the M4. Entrance Hall Electric heaters.
Sitting room A unique shaped room with vaulted ceiling, sash windows, sky lights and electric heaters.
Kitchen Area A range of wall and base units with laminate work tops over, inset single drainer sink unit with mixer tap, built-in electric hob with extractor filter over, built-in electric oven.
Bedroom One Sash window with secondary glazing, double built-in wardrobe, electric heater. Bedroom Two Sash window with secondary glazing, double built-in wardrobe, electric heater.
Bathroom Panelled bath with tiled surround and shower head over, pedestal wash hand basin with tiled splash back, low level WC. Outside There is an allocated parking space.
Agents Note The property is held on a flying freehold, making mortgages more difficult to come by as not all mortgage providers will lend on this property.
Tenure: Flying Freehold Tax council band: B Local authority: Bath And North East Somerset
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About The Hexagon, Bath, BA2
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