118, Bromley Heath Road, Downend, Bristol, BS16 6JJ

£410,000 - Sold at Auction

3
  • Guide Price: £300,000+
  • February 2022 Auction
  • House and potential building plot
  • Excellent redevelopment opportunity

SOLD FOR £410,000. A 3-bedroom semi-detached 1930s house occupying a substantial corner plot, situated in a popular residential location in Downend. The property is in need of renovation throughout and the land to the side of the existing house offers scope to extend or possibly for an additional dwelling, subject to consents. There is a good-sized level garden to the rear as well as a large detached garage. An ideal opportunity for builders, developers and private buyers looking to take on a project.
***EXTENDED 8 WEEK COMPLETION AVAILABLE***

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 8th February 2022 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWING -

SOLD FOR £410,000

SUMMARY -

SOLD FOR £410,000

DESCRIPTION -

The property comprises a 1930s semi-detached 3-bedroom house occupying a generous plot with gardens to the front, side and rear. The existing property is in need of refurbishment and the land to the side and rear offers potential to extend the house or potentially erect an additional dwelling, subject to obtaining the necessary planning consents. A superb opportunity for builders, developers and private buyers alike.

LOCATION -

The property is situated in a popular residential location on the borders of Downend and Bromley Heath. A wide range of local amenities are available on the nearby Badminton Road and Bromley Heath Junior School is just 0.4 miles away. Excellent transport links are provided to the city centre and motorways via the A4174 Ring Road.

ACCOMMODATION -

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

GROUND FLOOR -

Comprising of an entrance hall, living room, dining room and kitchen.

FIRST FLOOR -

Comprising of three bedrooms and a bathroom.

OUTSIDE -

The property occupies a generous corner plot with wrap around gardens to the front, side and rear. There is also a detached garage to the rear with access via Bromley Drive. The land to the side of the existing house offers potential to extend or potentially erect a new dwelling, subject to consents.

LOCAL AUTHORITY -

South Gloucestershire Council.

ENERGY PERFORMANCE CERTIFICATE -

Rating: F

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 Downend