Flat 2, 1, Quarrington Road, Horfield, Bristol, BS7 9PJ

Auction Guide £75,000 - For Sale

  • For Sale By Public Auction
  • Thursday 26th May 2022
  • Remote Online, Proxy & Telephone Auction
  • Legal Packs via our website

A modern and well presented first floor rear studio flat situated in an attractive period building on Quarrington Road in Horfield, just-off Gloucester Road. The property benefits from an en-suite shower room, integrated cooking appliances, fridge and a washing machine. 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 £725pcm (£8,700 per annum).

FOR SALE BY AUCTION -

This property is due to feature in our online auction on Thursday 26th May at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWINGS -

Strictly by Appointment with Maggs and Allen.

SUMMARY -

SOLD FOR 94,000 - STUDIO APARTMENT IN FANTASTIC LOCATION - IDEAL BUY TO LET

DESCRIPTION -

A modern studio flat situated on the first floor of a converted period building in Horfield that benefits from an en-suite shower room, integrated cooking appliances, fridge, washing machine and a convenient fold-away bed. The property is located less than 50m from the ever-popular Gloucester Road and is offered for sale with vacant possession, an ideal opportunity for owner occupiers or as a buy to let investment with a potential rental income in the region of £725pcm (£8,700pa).

LOCATION -

The property is situated in a highly convenient location on Quarrington Road in Horfield, within 50m of Gloucester Road which boasts a fantastic range of amenities and transport links.

ACCOMMODATION -

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

STUDIO FLAT -

Accessed via a communal entrance at the front of the building, the property comprises an brief hallway, a lounge area with a fold-away bed attached to the wall, a modern fitted kitchen and an en-suite shower room.

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.

ENERGY PERFORMANCE CERTIFICATE -

Rating: D

BUYER'S PREMIUM -

Please be advised that all purchasers are subject to a £1,200 plus VAT (£1,440 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 (£1,440 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.

Floorplan for Quarrington Road, Horfield, Bristol