129A Beaufort Road, St George, Bristol, BS5 8EZ

Guide Price £165,000 - For Sale By Auction - LOT 10

SUBSTANTIAL 4 BEDROOM MAISONETTE - LET PRODUCING £23,040PA

  • 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

A substantial 4 bedroom maisonette (approx. 1,111 sq ft) arranged over the first and second floors of a period end of terrace property in St George. The property is let to 4 sharers producing a total income of £23,040 per annum (incl bills) making this a fantastic high-yielding investment. The property also benefits from a roof terrace to the rear and easy access to a wide range of local amenities on Church Road.

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 -

Fridays 11.00am - 11.30am

SUMMARY -

SUBSTANTIAL 4 BEDROOM MAISONETTE - LET PRODUCING £23,040PA

DESCRIPTION -

A substantial first and second floor maisonette situated in a popular residential location in St George. This 4 bedroom property is let to 4 sharers producing a total annual income of £23,040 per annum (incl bills). The property benefits from spacious accommodation throughout and a rear roof terrace.

LOCATION -

The property is situated on the corner of Beaufort Road and Northcote Road in St George. A wide range of amenities are available locally on Church Road and excellent transport links are provided to the city centre.

ACCOMMODATION -

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

MAISONETTE -

FIRST FLOOR -

The property is accessed via an external staircase leading to a roof terrace. The first floor accommodation comprises a kitchen/diner, two double bedrooms and a bathroom.

SECOND FLOOR -

Comprising two further double bedrooms and a storage cupboard.

RENTAL DETAILS -

Bedroom 1 - Let on an AST at £485 pcm (incl bills).
Bedroom 2 - Let on an AST at £485 pcm (incl bills).
Bedroom 3 - Let on an AST at £485 pcm (incl bills).
Bedroom 4 - Let on an AST at £465 pcm (incl bills).

TOTAL: £23,040 Per Annum

TENURE -

The property is to be sold on a leasehold basis. Please refer to legal pack for full details.

ENERGY PERFORMANCE CERTIFICATE (EPC) -

Rating: D.

SOLICITOR -

Mr M Griffiths, Henriques Griffiths
Tel: 0117 330 7727
Email: mgriffiths@henriquesgriffiths.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.