8, Oldfield Place, Hotwells, Bristol, BS8 4QJ

£430,000 - Sold at Auction

4
  • Guide Price: £390,000+
  • April 2023 Auction
  • Superb location overlooking Cumberland Basin
  • Excellent scope to create a fine family home
  • 8-week completion

SOLD PRIOR - An attractive mid-terraced 4-bedroom Victorian house in need of complete refurbishment. The property is situated in a central location overlooking Cumberland Basin and provides easy access to the city centre and Bristol's harbourside. There is scope to create a fine and spacious family home or potentially convert to an HMO, subject to consents. An ideal opportunity for builders, developers, investors and private buyers seeking a renovation project.

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 27 April 2023 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWINGS -

By appointment.

SUMMARY -

SOLD PRIOR - SUBSTANTIAL 4-BEDROOM VICTORIAN TERRACE FOR RENOVATION

DESCRIPTION -

An attractive mid-terraced 4-bedroom Victorian house in need of complete refurbishment. The property is situated in a central location, directly overlooking Cumberland Basin and providing easy access to the city centre and Bristol's harbourside. There is scope to create a fine and spacious family home or potentially convert to an HMO, subject to consents. An ideal opportunity for builders, developers, investors and private buyers seeking a renovation project.

LOCATION -

The property is situated on Oldfield Place in Hotwells overlooking Cumberland Basin. A wide range of pubs, restaurants and other amenities are available locally and easy access is provided to Bristol's harbourside, city centre and Wapping Wharf. The immediate area is the subject of future redevelopment plans known as The Western Harbour project area.

ACCOMMODATION -

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

GROUND FLOOR -

Comprising of an entrance hall, living room with bay window to the front, dining room, kitchen, utility room and shower room.

FIRST FLOOR -

Comprising of three double bedrooms (master with balcony) and a family bathroom.

SECOND FLOOR -

Comprising of a fourth double bedroom with loft storage access.

OUTSIDE -

The property benefits from an enclosed courtyard garden to the rear.

TENURE -

The property is to be sold on a freehold basis with vacant possession.

COMPLETION -

Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.

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 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 Oldfield Place, Hotwells, Bristol