Turtlegate Avenue, Withywood, Bristol

Guide Price £240,000 - For Sale

  • For Sale By Public Auction
  • Thursday 29th July 2021
  • Remote Online, Proxy & Telephone Auction
  • Legal Packs via our website

REMOTE BIDDING FORM

Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

Mortgage Calculator


Property price: £

Monthly payment: £0.00


The above is offered for indicative purposes only and should not be relied upon. Rates will vary lender to lender and subject to the customer’s specific circumstances. Fee’s may also apply.

Property Details

A detached modern block of two self-contained 2-bedroom flats with parking and gardens. The purpose built flats are presented in excellent decorative order and would make a fantastic rental investment with a potential rent in the region of £19,080 per annum. Alternatively, the property presents an excellent break-up opportunity whereby the flats could be sold separately. A superb low-maintenance opportunity for investors.

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 29th July 2021 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWING -

By appointment

SUMMARY -

29 JULY AUCTION - BLOCK OF 2 X 2-BEDROOM FLATS LET AT £19,080 PER ANNUM

DESCRIPTION -

A modern detached two storey building comprising two self-contained 2-bedroom flats with parking and gardens. The property was constructed circa 10 years ago and has been let out as a rental investment ever since. Both flats benefit from modern kitchens and bathrooms and have been recently redecorated ready to be let again. The ground floor flat has just been let at £795 pcm and the first floor flat is currently advertised at the same price, which would equate to a total yearly rent of £19,080 once fully occupied. Both flats benefit from off-street parking and gardens.

LOCATION -

The property is situated on the corner of Turtlegate Avenue and Highmead Gardens in Withywood. Easy access is provided to a range of local amenities on Queens Road, Withywood Park and the South Bristol Link Road.

ACCOMMODATION -

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

GROUND FLOOR FLAT (56A) -

Comprising a lounge, kitchen, two bedrooms and a bathroom.

-

FIRST FLOOR FLAT (56B) -

Comprising an open-plan lounge/kitchen, two bedrooms and a bathroom.

TENANCY DETAILS -

GFF: Let on a 12 month AST from June 2021 at £795 pcm.
FFF: Currently vacant but advertised at £795 pcm.

TENURE -

We understand that the property is to be sold on a freehold basis.

ENERGY PERFORMANCE CERTIFICATE -

Ratings: C.

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, TELEPHONE & ONLINE REMOTE BIDDING -

The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which 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 a cheque/bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.

PRELIMINARY DEPOSITS -

The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:

£1,000 - £50,000: £2,000
£51,000 - £150,000: £5,000
£151,000 and above: £10,000

If your bid is successful, the balance of the deposit monies and Buyer's Premium (£1,200 inc VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you.

-

Maggs & Allen use all reasonable endeavours 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.