Entire Bath crescent is put up for sale
Estate agents are beginning to market an entire crescent of grade one listed Georgian houses in Bath.
The Bath office of Savills is marketing 29 homes at 17 addresses in Somerset Place, which are going through a £60 million restoration programme due for completion in 2014.
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Somerset Place
Some of the nine individual five-storey townhouses are already on sale at between £2 million and £3 million, while there will also be 20 apartments created in the eight remaining properties.
Somerset Place, built between 1790 and 1820 and last used by Bath Spa University, was bought in February by the Strategic Iconic Assets Heritage Acquisition Fund.
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Savills says the crescent “has survived as something of a time capsule, full of original Georgian plasterwork, fireplaces and original detailing, in need of sensitive restoration and modern comforts.”
Residents buying homes there will be able to call on a dedicated on-site concierge team, looking after the properties, gardens and “purchasers’ every need.”
The apartments will range from ground floor maisonettes with gardens, to upper floor maisonettes with roof terraces.
Luke Brady, from Savills, said: “Somerset Place is a one-off. It’s rare that crescent properties come to the market and nowhere else offers you the choice of nine individual crescent houses with planning permission consented. Purchasers looking to buy these at a developers finish will enjoy all the fun parts of designing a property with none of the headaches. You could pay £20 million for a crescent house in Notting Hill or £2 million to £3 million for one at Somerset Place, with 100ft private gardens, I would consider great value for money.”
* For more homes news, see The Bath Chronicle’s 128-page Property supplement tomorrow
Comments
by Distinctive Interiors Ltd
Monday, October 22 2012, 2:43PM
“As an update, 3 houses are now ready (Nos. 17, 18 & 20) for purchase and renovation. Open House last saturday showed the exciting potential these houses have (they are shells at the moment) - I wrote a blog on the possibilities! Maximilian Buston. http://tinyurl.com/9dsn633”
by joejohn
Wednesday, May 30 2012, 3:40PM
“Will you take a cheque or cash
Basil Faulty could purchase the block”
by RobOldfield
Wednesday, May 30 2012, 1:15PM
“Thanks for the info Roger, pompey and cyber.”
by rogerh3
Wednesday, May 30 2012, 12:07PM
“http://tinyurl.com/cd86amf”
by rogerh3
Wednesday, May 30 2012, 12:03PM
“It somehow prevents that link showing, which is to a page on the Tate's site illustrating the painting of Somerset Place made by John Piper in 1942 when he was one of several artists sent to the city to record Blitz damage.
A search for 'john piper somerset place' will bring it up as the first link.
One last try: null”
by rogerh3
Wednesday, May 30 2012, 11:56AM
“Somerset Place by John Piper, 1942:
null”
by rogerh3
Wednesday, May 30 2012, 11:55AM
“Somerset Place, 1942 by John Piper:
null
Affordable housing provision:
http://tinyurl.com/7cbx92d
Because it was thought impractical to include affordable housing in the development (e.g. service charges are expected to be £3,500 pa) the requirement, calculated as 12 properties, was commuted off-site with eight flats at St Martin's and a payment of £768,000 for four others.
Building Report:
http://tinyurl.com/83wklv3”
by Pompeybelle
Wednesday, May 30 2012, 11:32AM
“It was bombed. I have a photo of it by one of the Harbutt family post bombing.
(I note my red arrow stalker had previous red arrowed my earlier comment. Wonder if he'll do this purely factual one as well. :-D )”
by MattGK
Wednesday, May 30 2012, 11:28AM
“Any discounts for cash?”
by Cyber-cottage.co.uk
Wednesday, May 30 2012, 11:16AM
“@RobOldfield, Details are at http://tinyurl.com/7rnvmdr , I was told about it by the owner of Future Heritage some years ago.”