Ashley Hill, St Andrews, Bristol

Guide Price £125,000 - For Sale

  • For Sale By Public Auction
  • Thursday 9th December 2021
  • Remote Online, Proxy & Telephone Auction
  • Legal Packs via our website

A newly refurbished lower ground floor studio flat, situated in an attractive period semi-detached building on Ashley Hill in St Andrews. The property benefits from its own private entrance, gas central heating, a rear courtyard and a brand new fitted kitchen and shower room. The flat is offered for sale with vacant possession and would make an ideal buy to let investment with a potential rental income in the region of £800 pcm (£9,600 per annum). 10 WEEK COMPLETION AVAILABLE

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 9th December 2021 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWING -

By appointment

SUMMARY -

NEWLY REFURBISHED STUDIO FLAT - POTENTIAL RENT OF £9,600 PA

DESCRIPTION -

An immaculately presented studio flat with a spacious living room/bedroom, kitchen area and shower room. The property has been fully refurbished including the installation of a new fitted kitchen and shower room and has been finished in a light and neutral decor with Amtico flooring throughout, which has a 20 year life expectancy. Also included in the sale is a washer/dryer and fridge/freezer and smart meters for the gas and electricity. Offered for sale with vacant possession, the flat would be ideal for owner occupiers or as a buy to let investment with a potential rental income in the region of £800 pcm.

LOCATION -

The property is situated in a fantastic location on Ashley Hill in St Andrews. Easy access is provided to Bristol City Centre/M32 and a wide range of local amenities are available on the nearby Gloucester Road and Cheltenham Road.

ACCOMMODATION -

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

STUDIO FLAT -

Accessed via a private entrance at the rear of the building, the property comprises of a spacious living room/bedroom, a modern fitted kitchen and a separate shower room with modern white suite. Externally, the property benefits from a private rear courtyard, large enough for a table and chairs.

RENTAL POTENTIAL -

Studio flats of this quality in this location are in high demand and we would anticipate a market rent in the region of £800 pcm (£9,600 per annum).

TENURE -

The property is offered for sale on the residue of a 999 year lease. Please refer to legal pack for a copy of the lease.

SERVICE CHARGE -

We are informed by the vendor that the service charge is currently £35 per month (including buildings insurance).

ENERGY PERFORMANCE CERTIFICATE -

Rating: 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.

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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.

Floorplan for Ashley Hill, St Andrews, Bristol