2-bedroom house · BA1 3JT
Sold STCListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Constructed in 1995, this 65' (20m) Dutch Barge by Mick Cull is currently nestling on a river mooring at Newbridge in Bath.
Comprehensively fitted out to be a delightful two bedroom home afloat, Paxton is C rated as being fit for more adventurous travel if required.
Externally, the barge has a classic line with wheelhouse entrance providing access to the bow and stern accommodation.
The beam of 12' (3.6m) gives a real feeling of space especially with a headroom of well over 6' in the living areas.
As per the attached plan, the internal space has been well thought out with a large living/kitchen, shower room, bow bedroom and a further bedroom at the stern.
Paxton has been the subject of continual improvement and maintenance by the craftsman owners who are only selling as a growing family needs more space.
A full list of works carried out is available on request. A safety certificate is in place until 2027 and a Perkins diesel engine with very low hours is fitted.
There is an option to retain the rented mooring if required and again, full details on request. Viewing is strictly by appointment. We may ask for proof of funding from prospective viewers.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About Bath Marina, Newbridge, Bath
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