Glebefield, 330, Church Road, St. George,
Sold @ Auction £375,000
LOT NUMBER 23
FOR SALE BY AUCTION
SOLD @ AUCTION
GUIDE £330K +++
LOT NUMBER 23
Wednesday 8th June 2016
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal packs will be available for inspection from 18:00.
The sale will begin promptly at 19:00
Catherine A Ainley
Meade King LLP
Spring Field House, 45 Welshback, Bristol, BS1 4AG
0117 926 4121
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A semi-detached period property ( 1825 Sq Ft ) that was converted into three self contained two bedroom apartments in 2004 overlooking St Georges Park.
Located on the busy Church road where an array of local amenities and services are all within walking distance whilst St Georges Park is within a few hundred yards and Bristol City Centre is approximately two miles away.
Excellent long term investment or break up opportunity
The existing tenants have been in situ for many years and there is clearly scope to increase the current rental income.
Tenant since 2011 @ £575.00 per calender month. ( Current Market Rent circa £775 pcm )
Tenant since 2012 @ £575.00 per calender month. ( Current Market Rent circa £700 pcm )
Tenant since 2014 @ £600.00 per calender month. ( Current Market Rent circa £700 pcm )
The local lettings experts say:
The Bristol Residential Letting Co. is confident this property would make a good rental investment. Don McKeever of The Bristol Residential Letting Co suggests the following rents: garden flat - £775pcm, hall floor - £700pcm, First floor – £700pcm. If you would like to discuss more detail on the potential for rental, you can call Don (0117 370 8818) for a no obligation discussion. He will be very happy to advise on maximising the return on this property.
For full details of the EPC please refer to the online legal pack.
Please be aware all purchasers are subject to a £750 + VAT buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.
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The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
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CHARITY OF THE YEAR
Hollis Morgan are supporting Home Start Bristol as our 2016 Charity of the year. We are delighted to announce that 10% of every buyer’s premium will be donated to this excellent local charity – Home-Start Bristol provides a unique kind of help which has a profound impact on struggling families with young children, 98% of those who finished a period of support reported that their wellbeing had increased. If you would like to find out more about Home-Start Bristol and how you can support us please visit our website www.homestartbristol.org.uk