Ground Floor Flat, 43 Royal York Crescent, Clifton, Bristol, BS8 4JS

Guide Price £140,000 - For Sale By Auction - LOT 24

SPACIOUS INVESTMENT FLAT WITH REGULATED TENANT

  • For Sale By Public Auction
  • Thursday 19th April 2018
  • County Cricket Ground, Bishopston BS7 9EJ
  • Legal Packs via our website

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Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

A rare opportunity to purchase a well-presented and spacious ground floor one bedroom flat (not self-contained), situated on the iconic Royal York Crescent in Clifton. This investment flat is being sold subject to a regulated tenancy and is currently producing £5,778 per annum. The property offers long-term development potential, subject to the necessary consents being obtained as and when vacant possession becomes available.

FOR SALE BY AUCTION -

This property is due to be auctioned on the 19th April 2018 at The Grace Room, The Bristol Pavilion, County Ground, Nevil Road, Bishopston, Bristol at 7pm.

VIEWING -

By appointment

SUMMARY -

SPACIOUS INVESTMENT FLAT WITH REGULATED TENANT

DESCRIPTION -

A spacious and well-presented one bedroom flat (not self-contained) situated on the ground floor of this attractive and imposing terraced building on Royal York Crescent. The living area to the front of the property is flooded with natural light from the floor to ceiling sash windows and there is a generous bedroom and bathroom to the rear.

LOCATION -

Royal York Crescent is arguably one of the most impressive terraces in Clifton and extends from Regent Street, with its wide range of independent shops and restaurants to Sion Hill. Occupying an elevated position, the property is afforded stunning views across Bristol.

ACCOMMODATION -

Please refer to floorplan for approximate room measurements and internal layout.

GROUND FLOOR -

This spacious flat occupies the ground floor of the terraced property but is not self-contained as the communal hallway and staircase currently dissect the living room and kitchen at the front from the bedroom and bathroom at the rear. The living room benefits from high ceilings, floor to ceiling sash windows with shutters and hardwood flooring. Just off the living room is a small kitchen with fitted base units. The generous bedroom at the rear also has a full height sash window with shutters, hardwood flooring and a feature fireplace. The bathroom has a freestanding bath with shower over, low level WC and a glass wash hand basin.

TENANCY DETAILS -

The property is to be sold subject to a regulated tenancy at a registered rent of £481.50 per calendar month (£5,778 per annum).

TENURE -

Understood to be leasehold, please refer to legal pack for full details.

ENERGY PERFORMANCE CERTIFICATE -

Energy Rating: D

SOLICITOR -

Mr D Floyd-Walker
Helder Roberts & Co
58-60 The Square
Chagford
Devon
TQ13 8AE
Telephone: 01647 433161
Email: helderroberts@chagford.biz

BUYER'S PREMIUM -

Please be advised that all purchasers are subject to a £750 plus VAT (£900 inc VAT) buyer's premium payable upon exchange of contracts.

*GUIDE PRICE -

Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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.

PROXY BIDDING -

If you are unable to attend the auction then you can submit a proxy bid. This will authorise a representative of Maggs & Allen to bid on your behalf up to a pre-set amount. The proxy bidding form is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and 2 cheques (one for the 10% deposit and one for the buyer's premium of £900 inc VAT) is required by the auction department no later than 4pm on the day of the auction.

ATTENDING THE AUCTION -

If you are intending to bid and are successful, the following will be required:
* Proof of identity (valid passport or photo driving licence).
* Proof of address (bank statement, recent utility bill, council tax bill or tenancy agreement).
* 10% deposit payment.
* Buyer's premium payment.
* Details of your solicitor.

DEPOSIT & BUYER'S PREMIUM PAYMENTS -

Forms of acceptable payment:

* Cheque
* Bankers Draft
* Debit Card Payment

For card payments:
Please ensure that you advise your bank of the potential payment prior to the auction.

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Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.