11 Sir John's Lane, Eastville, Bristol, BS5 6TX

Guide Price £285,000 - For Sale By Auction - LOT 11

SUBSTANTIAL SEMI-DETACHED HMO - POTENTIAL FOR FAMILY HOUSE OR FLAT CONVERSION

  • For Sale By Public Auction
  • Thursday 25th July 2019
  • 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

An exciting opportunity to purchase a substantial semi-detached house that has previously been operating as a 5 bedroom licensed HMO (previous rental income of £25,800pa) and is now offered for sale with vacant possession. The property would be ideally suited for continued use as an HMO but also offers potential to create a fantastic family house or for conversion into flats, subject to consents. Further benefits include a detached garage to the rear, off-street parking and an area of garden to the side offering potential to extend. Situated in a popular residential location, easy access is provided to the M32 and City Centre.

FOR SALE BY AUCTION -

This property is due to be auctioned on the 25th July 2019 at The Grace Room, The Bristol Pavilion, County Ground, Nevil Road, Bishopston, Bristol at 7pm.

VIEWING -

Tuesdays & Thursdays 10.00am - 10.30am

SUMMARY -

SUBSTANTIAL SEMI-DETACHED HMO - POTENTIAL FOR FAMILY HOUSE OR FLAT CONVERSION

DESCRIPTION -

A substantial semi-detached house with loft conversion that has previously been operating as a licensed 5 bedroom HMO and was let producing £25,800 per annum. The property is now offered for sale with vacant possession offering a wide variety of potential uses including a sizeable family house, continued HMO use or conversion to flats, subject to obtaining the necessary planning consents. A fantastic investment/development opportunity that will also appeal to private buyers seeking a large family house in this location.

LOCATION -

The property is situated in a popular residential location in Eastville on the corner of Sir John's Lane and Heyford Avenue. Easy access is provided to the M32 and City Centre as well as a range of local amenities at the Eastgate Retail Park.

ACCOMMODATION -

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

GROUND FLOOR -

Comprising a lounge, dining room (bedroom) and kitchen.

FIRST FLOOR -

Comprising two double bedrooms and two bathrooms.

SECOND FLOOR -

Comprising two further double bedrooms.

OUTSIDE -

The property benefits from wrap around gardens to the side and rear with a detached garage and forecourt fronting Heyford Avenue.

NOTES -

The vendors have had plans produced single storey extensions to the side and rear to facilitate the conversion of the property into 3 self-contained flats. No formal planning applications have been submitted but the plans are available upon request.

ENERGY PERFORMANCE CERTIFICATE -

Rating: E

SOLICITOR -

Ms R Stuart, Wards Solicitors
Tel: 01275 850470
Email: rebecca.stuart@wards.uk.com

BUYER'S 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 & 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.