An empty two-storey detached property located on Rockliffe Avenue in Bath city centre has sold for a remarkable £525,000, exceeding its guide price by more than £200,000 following an intense auction on Wednesday, 16 September. The guide price for the property had initially been set at £295,000.
Although the house requires significant renovation, with visible issues such as mould, peeling wallpaper, holes in the walls, and several gaps in the downstairs floorboards, it attracted strong interest due to its exceptional potential. The property offers direct access to the River Avon from its garden, presenting the unique opportunity to create a private jetty, a rare feature in the Bathwick area.
Olly Hollis, director at estate agency Hollis Morgan, commented on the sale: “31 Rockliffe Avenue generated fantastic interest at our live online auction, selling for £525,000. Properties offering direct river frontage in a prime location like Bathwick are exceptionally rare. The enormous potential for modernization or redevelopment meant we saw strong, competitive bidding, demonstrating the ongoing high demand for unique, high-potential sites in Bath.”
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Situated in the heart of Bath, the property is just a ten-minute walk from landmarks such as Great Pulteney Street, Sydney Gardens, and the bustling London Road district.
The area surrounding Rockliffe Avenue is highly desirable; data from Rightmove shows that properties on Rockliffe Avenue have sold for an average price of £1,097,500 over the past year. More broadly, homes in the Bathwick district commanded an average value of £721,028 during the same period, underscoring the strong market demand in this part of Bath.