Semi-Commercial Mortgages in Bath

Funding a mixed-use purchase or refinance in Bath

We arrange the full range of semi-commercial and mixed-use finance for Bath property. A semi-commercial mortgage funds the purchase or refinance of an investment or owner-occupied mixed-use asset, typically to 70 to 75 percent of value, priced from around 6.5 to 8.5 percent a year. Where the residential element is large, a mixed-use mortgage may be sized on the blended income from both parts. Semi-commercial bridging covers a quick purchase, an auction lot or a property that needs works before it will support a term loan, usually from around 0.70 to 0.95 percent a month. For landlords holding several mixed-use or part-commercial assets, portfolio finance consolidates them under one facility. Once an asset is stabilised and let, a semi-commercial remortgage moves it onto a keener rate and releases equity for the next purchase in Somerset.

The semi-commercial property we fund in Bath

Each kind of mixed-use asset is treated differently by different lenders, and we arrange finance for all of them in Bath and across Somerset. That covers the classic shop with a flat above, offices with residential upper floors, pubs and guest houses with owner or letting accommodation, restaurants and takeaways with flats, retail parades with residential uppers, HMOs above commercial units, surgeries and professional premises with living space, and larger mixed-use blocks. The key question every lender asks is how much of the property, by floor area or value, is residential against commercial, because that split decides which desk will lend and on what terms.

The residential element: what local values tell a lender

Recent transactions show the spread that defines Bath as a development market. At the upper end, 3 Paddock Woods (BA2 7AD) sold detached freehold for £885,000 in mid-March 2026 and 15 Richmond Place (BA1 5PZ), a terrace in the Lansdown conservation area, achieved £820,000. In the family-home bracket, 48 Ringwood Road (BA2 3JL) traded at £510,000 and 4 Charlcombe Rise (BA1 6LA) at £650,000. The Georgian and Victorian flat market is equally active and price-stratified: Apartment 3 at Brompton House, St Johns Road (BA2 6PT) sold for £415,000, while Flat 1 at 17 Daniel Street (BA2 6NB), a leasehold conversion in a Bath stone townhouse, achieved £347,500. Entry-level terraced stock in BA2 1 and BA2 3 still trades in the £249,500 to £400,000 range, which is where small developers competing on refurbishment margin tend to operate.

This residential evidence values the living space within a mixed-use property and gauges how readily it would let or sell. It is not a guide to the commercial unit's value, which is tenant and covenant driven.