73A High Street, Hanham, Bristol, BS15 3DG

Guide Price £75,000 - For Sale By Auction - LOT 4

SPACIOUS 2 BEDROOM FLAT REQUIRING REFURBISHMENT

  • For Sale By Public Auction
  • Tuesday 27th November 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

GUIDE PRICE: £75,000 - £85,000 An exciting opportunity to purchase a spacious first floor two bedroom flat that requires renovation throughout. Situated in a prominent position on Hanham High Street providing easy access to a wide range of local amenities. The flat is currently vacant but would make an ideal buy to let investment.

FOR SALE BY AUCTION -

This property is due to be auctioned on the 27th November 2018 at The Grace Room, The Bristol Pavilion, County Ground, Nevil Road, Bishopston, Bristol at 7pm.

VIEWING -

Tuesdays & Thursdays 11.45am - 12.15pm

SUMMARY -

SPACIOUS 2 BEDROOM FLAT REQUIRING REFURBISHMENT

DESCRIPTION -

An exciting opportunity to purchase a two bedroom flat requiring modernisation, occupying the first floor of this mixed-use property on Hanham High Street. The flat is currently vacant but would make an ideal buy to let investment and benefits from being conveniently located on Hanham High Street.

LOCATION -

Situated in a prominent position on Hanham High Street, the property is conveniently located for transport links to the City Centre and to the wide range of local shops and amenities.

ACCOMMODATION -

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

FIRST FLOOR FLAT -

Accessed via the rear of the property and comprising two double bedrooms, lounge, bathroom and kitchen.

TENURE -

The flat is to be sold on the residue of a 125 year lease from 24th September 2008.

RENTAL POTENTIAL -

We anticipate a market rent in the region of £750 pcm (£9,000 per annum) once the flat has been refurbished.

ENERGY PERFORMANCE CERTIFICATE -

Rating: D.

SOLICITOR -

Ms A Percival
Addleshaw Goddard LLP
One St Peter's Square
Manchester M2 3DE
Tel: 0161 934 6976
Email: ashlee.percival@addleshawgoddard.com

BUYERS PREMIUM -

Please be advised that all purchasers are subject to a £1,000 plus VAT (£1,200 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 £1,200 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 & BUYERS 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.