4 Walcot Buildings, bath
Luxury 6-bed serviced accommodation | Georgian townhouse conversion | GDV £1.2M
A 5-storey Georgian townhouse that had been vacant and repossessed for years has been completely refurbished into a boutique 6-bed serviced accommodation 10 minutes from Bath city centre.
Location
Bath
Scope
Full internal transformation
Type
Serviced Accommodation
Outcome
Premium short-stay rental asset in prime location
financial breakdown
| Purchase Price | £800,000 |
| Build Costs | £250,000 |
| Professional Fees | £35,000 |
| Finance Costs | £80,000 |
| Total Cost | £1,165,000 |
| Gross Development Value (GDV) | £1,200,000 |
| Yield | 10.3% (assuming £120,000 gross annual income) |
| ROI | 3% |
| Profit | £35,000 |
