A 3-bedroom end of terrace house, situated in a highly popular residential location in Bedminster. The property has been well-maintained but would now benefit from some cosmetic updating. To the rear of the house is a south-easterly facing garden and a large garage/workshop with inspection pit and vehicular access via a rear lane. The property is to be sold on the residue of a 99 year lease from 1960 and is therefore unlikely to be suitable for conventional mortgage lending, although there is potential to purchase the freehold for a figure of circa £38,000.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 26 May 2022 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
Strictly by Appointment with Maggs and Allen.
SOLD PRIOR - END OF TERRACE HOUSE FOR UPDATING WITH LARGE GARAGE/WORKSHOP TO THE REAR
A 3-bedroom end of terrace house in need of cosmetic updating, situated in a highly popular residential location in Bedminster. The property benefits from gas central heating and double glazing throughout and offers excellent scope to add value. To the rear of the house is a south-easterly facing garden and a large garage/workshop with inspection pit and vehicular access via a rear lane. The property is to be sold on the residue of a 99 year lease from 1960 and is therefore unlikely to be suitable for conventional mortgage lending, although there is potential to purchase the freehold for a figure of circa £38,000.
The house is situated on Highbury Road off Marksbury Road in Bedminster. A wide range of local amenities are available on the nearby North Street and West Street and excellent transport links are provided to Bristol Airport via the A38.
Please refer to floorplan for approximate room measurements and internal layout.
GROUND FLOOR -
Comprising of an entrance hall, living room, kitchen/diner and a modern shower room.
FIRST FLOOR -
Comprising of three bedrooms.
Externally, the property benefits from front and rear gardens with side access, a large garage/workshop with up and over door and inspection pit and an attached covered lean-to. There is also storage with limited head height at basement level, accessible via the rear patio.
We understand the property is to be sold on the residue of a 99 year lease from 1960 (approx. 37 years remaining). The current owner has been offered the chance to purchase the freehold for a figure of £38,130. Please refer to the online legal pack for further details.
ENERGY PERFORMANCE CERTIFICATE -
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.