4 bedroom terraced house for sale

Offers over £675,000

Gay Street, Bath BA1

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Property info

Property description

An excellent opportunity to acquire a Grade 1 listed Georgian townhouse.
* A substantial Georgian property with Listed Building Consent and planning permission for change of use from offices to residential, basement flat to remain, which is subject to a Statutory Tenancy * For sale by Informal Tender - Friday 8 March 2013 *


Situation


The property is situated on the west side of Gay Street close to the junction with the Circus in one of Bath's most prestigious locations. There are excellent local amenities in Brock Street and Margaret's Buildings and the City Centre is within close walking distance with its excellent cultural and shopping facilities. Bath Spa Station allows easy access to London Paddington (86 minutes) and Junction 18 of the M4 is approximately 10 miles distance. There are an excellent range of schools, both private and state, including Kingswood School, The Royal High School, St Stephens Primary School and King Edwards School.


Description


16 Gay Street is a Grade 1 listed townhouse which we understand was designed by John Wood between 1754 to 1761 and built together with the adjoining terrace for the London property speculator, Dr Gay. Constructed of traditional Bath Stone elevations under a slate roof the property is arranged over lower ground, ground and three upper floors. Of particular note is the elegant bow on the rear of the property presenting well proportioned light rooms with west facing views towards the Royal Victoria Park.

In more recent years the property has been used as an office building and now the opportunity presents to convert the ground and upper floors back into a single residential dwelling.

Floor Plans

Existing floor plans as shown. Proposed floor plans can be viewed at Crisp Cowley offices

Tenure

Freehold, subject to a Statutory Tenancy on the self-contained lower ground floor.

Local Authority

Bath and North East Somerset Council.

Planning

Change of use from Offices (Use Class B1) to Residential (Use Class C3), basement flat to remain.  Application No. 12/01063/ful. Date registered 10th April 2012

Listed Building Consent

Application No. 12/03665/lba.  Date registered 3rd September 2012

Purchaser Information

The property is being offered for sale by Informal Tender. The Tender Date is Friday 8 March 2013..

Tender Process

1. All offers to be in writing and on a subject to contract basis.
2. Offerors will provide financial details of their ability to purchase.
3. No offer will be accepted subject to survey.
4. No offer will be considered subject to the vacation of the Statutory Tenant.
5. No offer on an escalating basis or offers linked to the sale or purchase of another property will be considered.
6. Exchange of contracts to be 15 days from receipt of draft documentation.
7. Completion to take place no more than 28 days from exchange of contracts.
8. All offers to be made in writing and submitted to Crisp Cowley. Offers may be made in writing by hand, post or email.
9. Our clients reserve the right to reject any offer submitted.
10. The agents recommend, when submitting your bid, to avoid round numbers thereby reducing the likelihood of identical offers.


General


Vacant possession will be given of the ground and upper floors. The Statutory Tenant occupies the basement flat and will remain.


Directions


From Queen Square proceed up Gay Street and the property will be found on the left hand side close to the junction with The Circus.

The property misdescriptions act 1991

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 must obtain verification from their Legal Advisor or Surveyor.

Stated measurements are approximate and any floor plans for guidance only.References to the tenure of a property are based on information supplied by the Seller.The Agent has not had sight of the title documents and a Buyer must obtain verification from their Legal Advisor.

Nothing in these particulars is intended to indicate that any carpets, curtains, furnishings or fittings, electrical goods (whether wired or not), gas fires, or light fitments or any other fixtures not expressly included form part of the property offered for sale.

Items shown in photographs are not included within the sales particulars. They may however be available by separate negotiation.Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular importance to you, please contact us and we will be pleased to verify the information. All property offered subject to being unsold.
Request details

For more information about this property, please contact
Crisp Cowley, BA1 on 01225 288055 (local rate)

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BA1 Zed-Index What is the Zed-Index
£360,229 £640,081 £367,989 £331,378 £230,283

stats for 
Value change
£4,151 (1.17%) £3,931 (1.10%) £11,821 (3.39%) £6,249 (1.77%) £2,332 (0.65%) £35,957 (11.09%) £12,894 (-3.46%)
from 
Avg. price paid: £381,347
No. of property sales: 570
Avg. price paid: £345,637
No. of property sales: 1,843
Avg. price paid: £332,885
No. of property sales: 2,830
Avg. price paid: £328,825
No. of property sales: 4,743

Avg. asking price in BA1: £535,557
No. of properties for sale in BA1: 303
Avg. asking rent in BA1: £1,101 pcm
No. of properties to rent in BA1: 242

Property value data/graphs for BA1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £640,081 £364 4.0 £716,997
Semi-detached £367,989 £307 3.5 £368,714
Terraced £331,378 £297 3.2 £369,241
Flats £230,283 £338 1.9 £239,515

Current asking prices in BA1

Avg. current asking prices in BA1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £98,600
(5)
£295,619
(32)
£397,049
(41)
£742,829
(56)
£1,097,886
(36)
Flats £186,436
(37)
£292,358
(56)
£397,867
(12)
£672,000
(5)
-
All £175,980
(42)
£293,544
(88)
£397,234
(53)
£737,023
(61)
£1,097,886
(36)

Current asking rents in BA1

Avg. current asking prices in BA1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £679 pcm
(11)
£1,071 pcm
(21)
£1,440 pcm
(19)
£1,585 pcm
(16)
£2,407 pcm
(14)
Flats £712 pcm
(66)
£1,034 pcm
(59)
£1,442 pcm
(14)
£1,424 pcm
(2)
£1,976 pcm
(1)
All £707 pcm
(77)
£1,044 pcm
(80)
£1,441 pcm
(33)
£1,567 pcm
(18)
£2,378 pcm
(15)

Fun facts for BA1

Highest value in BA1
Highest value streets Zed-Index What is the Zed-Index
Hamilton Road £1,433,537
Lansdown Place East £1,159,919
Sion Hill £1,094,857
£1,059,929
Sion Road £1,028,757
Highest turnover in BA1
Highest turnover streets Turnover What is Turnover?
Anglo Terrace 50.0%
Hay Hill 50.0%
Green Park 46.3%
City View 46.2%
School Lane 45.5%

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Nearby stations and schools

  • Bath Spa (0.6 miles)
  • Oldfield Park (0.8 miles)
  • Freshford (4.0 miles)
  • Bath Academy (0.1 miles)
  • City of Bath College (0.4 miles)
  • Oldfield Park Infant School (0.6 miles)

Local info for Bath and North East Somerset

About the neighbours in BA1 2PH

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in
  • Watson Bertram & Fell in Architect
    01225 337273
    5 Gay Street, Bath, Somerset BA1 2PH
    0.02 miles from this property
  • Youngs Roofing Ltd in Roofing Contractors
    01225 421499
    2nd Floor Suite 16 Gay Street, Bath, Somerset BA1 2PH
    0.02 miles from this property
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    01225 424438
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    0.05 miles from this property
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    01225 469153
    33 Gay Street, Bath, Somerset BA1 2NT
    0.07 miles from this property
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    07702 868459
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    01225 425486
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    0.07 miles from this property
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    07866 951245
    Office 161, Mail Boxes Etc, Bath, Somerset BA1 2FJ
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    01225 333051
    20 Milsom Street, Bath, Somerset BA1 1DE
    0.11 miles from this property
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    01225 442586
    21 Milsom Street, Bath, Somerset BA1 1DE
    0.11 miles from this property
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    35 Brock Street, Bath, Somerset BA1 2LN
    0.12 miles from this property
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    01225 466066
    26-27 Milsom Street, Bath, Somerset BA1 1DG
    0.14 miles from this property
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    01225 344033
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    0.14 miles from this property
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    4 Chapel Row, Bath, Somerset BA1 1HN
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    14 Queen Square, Bath, Somerset BA1 2HN
    0.14 miles from this property
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    01225 469898
    7a Northumberland Buildings, Bath, Somerset BA1 2JB
    0.16 miles from this property
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    01225 461711
    6-7 Rivers Street Place, Bath, Somerset BA1 2RS
    0.17 miles from this property
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    3 Bennett Street, Bath, Somerset BA1 2QQ
    0.17 miles from this property
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    12 Queen Street, Bath, Somerset BA1 1HE
    0.20 miles from this property
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    13-15 Walcot Street, Bath, Somerset BA1 5BN
    0.20 miles from this property
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    78 Walcot Street, Bath, Somerset BA1 5BD
    0.20 miles from this property
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    0.21 miles from this property
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