Sold @ Auction £167,000 +++

FOR SALE BY AUCTION

GUIDE PRICE - £90,000
SOLD @ AUCTION £167,000

LOT NUMBER 1
Wednesday 15th April 2015
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

THE PROPERTY

A large maisonette accessed at basement level via private entrance with reception room, kitchen and bathroom plus access to rear garden. At first floor level are two large bedrooms.

Garden is split 50/50 with the nearest bit going with vacant flat ( please refer to legal pack for site plan )

LOCATION

Albany Road is a quiet residential street located just off Sussex Place within the cultural suburb of Montpelier. Convenience stores and other local amenities are nearby as well as the ever popular Gloucester Road which boasts an array of independent retailers, pubs, bars, cafes and restaurants. Bristol City Centre is less than two miles away.

THE OPPORTUNITY

The property now requires complete updating.
Excellent investment / Doer Upper.
Includes the Freehold.

RENTAL APPRAISAL

The Bristol Residential Letting Co. are confident once developed this property will make a good rental investment. Danny Dean of The Bristol Residential Letting Co suggests this property can be converted into 2 1 double bedroom flats subject to the relevant planning consent. A rent in the region of £650pcm per flat will be achievable if finished to an appropriate standard. If you would like to discuss more detail on the potential for rental, you can call me (0117 973 5237) or email (danny@bristolreslet.com) for a no obligation discussion. Alternatively why not drop into my Office (19 Clifton Down Shopping Centre, Whiteladies Rd, Clifton, Bristol, BS8 2NN) where I am always happy to advise investors on maximising their investment.

ACCOMMODATION

Please refer to floorplans.

Includes: two bedrooms, reception room, bathroom and shared rear garden.

Please refer to the legal pack for full details to which part of the garden is allocated to 35a.

35b

The upper floors are occupied by a council tenant are subject to a separate lease.

EPC

For full details of the EPC please refer to the online legal pack.

BUYER'S PREMIUM

Please be aware all purchasers are subject to a £500 + VAT buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.

GUIDE PRICE

An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

RESERVE PRICE

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.

AUCTION BUYERS GUIDE

Available to download via our purpose built property website.

TESTIMONIALS

We are very proud of what our clients say about us - please visit our website to read our Testimonials: www.hollismorgan.co.uk/auction-testimonials.html

CHARITY OF THE YEAR

Hollis Morgan are supporting Dance Voice as their 2015 Charity of the year. We are delighted to announce that 10% of every buyers premium will be donated to this excellent local charity - Dance Voice is dependent on voluntary donations to run its dance movement psychotherapy sessions which enable so many vulnerable people express themselves and improve and integrate their physical, emotional and social health and wellbeing. For further details on their outstanding work in the community please visit www.dancevoice.org.uk In 2014 Hollis Morgan successfully raised £2,500 for Bristol Children's Help Society www.tbchs.org.uk