This is a substantial 2 bedroom flat occupying the lower ground floor of a large detached Victorian building. The property is approached from the rear of the building and at 75 sqm offers generous proportions. Now in need of modernisation there is an opportunity to reconfigure the accommodation to provide a better layout. Currently the accommodation provides an entrance hall, living room, 2 double bedrooms, hallway/study, separate kitchen and bathroom. Outside there is ample off street parking.
Rental Potential
We have been advised that the property is likely to rent for £650 pcm once refurbished to a modern standard, giving a potential gross annual yield in the region of 10%.
Agents Note
This is suitable for cash buyers only. There is no management company currently in place. The solicitors and lpa receivers will pay the building insurance on the flat and the purchaser will need to become part of the management company upon completion.
Completion
14 days from the date of the auction
Viewings
To be announced
For Sale by Auction
On Monday 11th February at 7.00 pm
Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.
Legal Pack
A full auction legal pack can be downloaded from once available. For further information on the other lots in this auction please visit the website.
Do you need finance?
In most cases there is a lender for nearly every property. We work with several independent brokers and lenders who are specialists in funding properties that are sold at auction. Bristol Mortgage Advice Bureau and Together Finance will be available for appointments either in or offices or a location of your choosing in the run up to the auction as well as being there on the night to deal with any last minute enquiries
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