Sold Retirement Property

Flat 56

PEGASUS LEAT, UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET BA1 3ER

1 beds 1 baths 624 sq ft Listed 13 Sep 2024 (-640d)

£450,000

Leasehold

Reduced on 27 Jan 2025

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Property details

Tenure

LEASEHOLD

Floor area

58 m²

Last sold

£440,000 May 2025

Price per m²

£7,759/m²

Local average

£612,927 (-26.6%)

Deprivation

Decile 7 (20,432 of 33,755)

Street crime

638 incidents within 1 mile (Apr 2026)

Key features

  • On site team who oversees the running of the stunning development and bring the community together
  • Spacious social shared facilities including, Owners lounge, hobby room, club room and snug
  • Spacious one bedroom home with balcony overlooking the delightful gardens
  • Stay fit and healthy with the stretch studio, treatment room and sauna
  • 24 Hour careline giving peace of mind and security so you can live a carefree life
  • Close to the city centre and a wealth of shops and cafés
  • Secure underground Parking subject to availability (£750pa). Visitors parking available
  • Guest Suite for visiting friends and family
  • Pets are welcome ( subject to approval )
  • Homeowners enjoy no exit fees

Additional details

Heating
Double glazing, Central
Accessibility
Lift access, Level access
Parking
Secure, Underground, Residents, Visitor
Garden
Communal garden, Terrace

Description

Set in a fantastic location, on level ground half a mile from the city centre, Bath Leat offers safe and secure independent living, whilst also being perfectly placed to enjoy all that the historic city of Bath has to offer.

Presented in "as new" condition, this one bedroom home is situated on the second floor with a good size balcony in the sought after gardenside block of this truly stunning community. Benefiting from built-in wardrobes, generous amounts of storage, a beautifully appointed kitchen, which is fitted with integrated appliances and a large, luxury walk in shower room.

At the heart of this wonderful community, a communal lounge and kitchenette are perfect for enjoying with neighbours and friends. Further shared facilities include a snug, a hobby room, a wellness suite which includes a sauna, foot spas, stretch studio and treatment rooms which are bookable for private practitioners, all set within beautifully landscaped gardens. A spacious guest suite is also available for visiting family and friends.

Listed by

Winchester

PEGASUS HOMES AGENCY SERVICES LTD

Reference: 152386385

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
Flat 56, Pegasus Leat, Upper Bristol Road, BATH 83 83 58 m² — Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

-4% since 2023

Event Date Price % change
Sold 09/05/2025 (1 year ago) £440,000 -4.3%
Sold 30/06/2023 (2 years ago) £460,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street PEGASUS LEAT FLAT 23 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £745,000 27/03/2025 Flat
Same street PEGASUS LEAT FLAT 24 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £775,000 25/03/2025 Flat
Same street PEGASUS LEAT FLAT 60 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £670,000 07/03/2025 Flat
Same street PEGASUS LEAT FLAT 64 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £783,750 04/03/2025 Flat
Same street PEGASUS LEAT FLAT 68 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £850,000 10/01/2025 Flat
Same street PEGASUS LEAT FLAT 17 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £445,000 06/12/2024 Flat
Same street PEGASUS LEAT FLAT 4 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £825,000 31/10/2024 Flat
Same street PEGASUS LEAT FLAT 62 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £783,750 04/10/2024 Flat
Same street PEGASUS LEAT FLAT 32 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £895,000 06/09/2024 Flat
Same street PEGASUS LEAT FLAT 52 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £795,000 30/08/2024 Flat
Same street PEGASUS LEAT FLAT 37 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £725,000 17/05/2024 Flat
Same street PEGASUS LEAT FLAT 58 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £460,000 21/12/2023 Flat
Same street PEGASUS LEAT FLAT 13 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £850,000 20/10/2023 Flat
Same street PEGASUS LEAT FLAT 10 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £455,000 13/10/2023 Flat
Same street PEGASUS LEAT FLAT 46 UPPER BRISTOL ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3ER £450,000 27/09/2023 Flat
RIVER VIEW COURT UNIT 1 SOUTH BUILDING VICTORIA BRIDGE ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3FA £240,000 18/08/2023 Other
17 CRESCENT GARDENS, BATH, BATH AND NORTH EAST SOMERSET, BA1 2NA £874,000 06/04/2023 Other
11 MARLBOROUGH LANE, BATH, BATH AND NORTH EAST SOMERSET, BA1 2NQ £1,250,000 16/12/2022 Other
VICTORIA BRIDGE COURT FLAT 5 VICTORIA BRIDGE ROAD, BATH, BATH AND NORTH EAST SOMERSET, BA1 3AY £355,000 25/11/2022 Other
1 STANHOPE PLACE, BATH, BATH AND NORTH EAST SOMERSET, BA1 2BB £695,000 01/08/2022 Other
10A MONMOUTH PLACE, BATH, BATH AND NORTH EAST SOMERSET, BA1 2AX £700,000 15/07/2022 Other
IVY LODGE GROUND FLOOR FLAT COMFORTABLE PLACE, BATH, BATH AND NORTH EAST SOMERSET, BA1 3AJ £2,250,000 28/01/2022 Other
IVY LODGE FIRST FLOOR FLAT COMFORTABLE PLACE, BATH, BATH AND NORTH EAST SOMERSET, BA1 3AJ £2,250,000 28/01/2022 Other
FOOD MACHINERY 2000 LTD COMFORTABLE PLACE, BATH, BATH AND NORTH EAST SOMERSET, BA1 3AJ £2,250,000 28/01/2022 Other

Street average: £700,500 (15 sales)

Area average: £1,207,111 (9 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 140.2%
10y growth -60.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Bath and North East Somerset. Series: All dwelling types. As of March 2026.

1y (index) -1.3%
5y (index) 14.9%
10y (index) 32.5%

Rental Range

Estimated market rent for Bath and North East Somerset. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,689/mo
Realistic £1,877/mo
Optimistic £2,065/mo

Based on Local Authority from postcode lookup → Bath and North East Somerset.

LHA (30th percentile) floor for Bath: £813/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View BA1 3ER

Address

Nelson Place West

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Nile Street 0.0 miles
Shop Bijou Bikeworks 0.1 miles
Bus stop Comfortable Place 0.1 miles
Shop Sunday Studio 0.1 miles
Train station Oldfield Park 0.5 miles
Train station Bath Spa 0.8 miles
University University of Bath 2.0 miles
University University of Bath Campus 2.0 miles
Hospital Melksham Community Hospital 10.4 miles
Hospital St Michael's Hospital 11.1 miles

Street-level crime

Category Count
Violence and sexual offences 169
Anti-social behaviour 118
Shoplifting 99
Public order 63
Vehicle crime 41
Criminal damage and arson 39
Burglary 37
Other theft 27
Robbery 13
Drugs 9
Possession of weapons 7
Theft from the person 6
Bicycle theft 5
Other crime 5
Total incidents 638

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Oldfield Park Infant School Primary 0.3 miles Good — 8 Sep 2015
Bath Academy Other 0.4 miles — (No rating)
St Andrew's Church School Primary 0.4 miles Good — 3 Jul 2022
Bath College Other 0.5 miles — (No rating)
Hayesfield Girls School Secondary 0.5 miles Good — 5 Apr 2017

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Great Stanhope Street, BA1 £1,285/mo 1 0.16 miles OpenRent
1 Bed Flat, Brook Road, BA2 £1,300/mo 1 0.45 miles OpenRent
1 Bed Flat, Fountain House, BA1 £2,000/mo 1 0.48 miles OpenRent

Average rent: £1,528/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.29%
Max investor price (0.8%) £162,500
Target investor price (1%) £130,000
Gross yield 3.5%
Cost-to-rent ratio 28.8×
Monthly cashflow £-627/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -5.8%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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