181 Wells Road, Totterdown, Bristol, BS4 2DB

£250,000 - Sold at Auction

3
  • Guide Price: £230,000+
  • September 2023 Auction
  • Spacious 3-bedroom maisonette
  • Scope to add value
  • 8-week completion

SOLD FOR £250,000 - An excellent opportunity to purchase a spacious 3-bedroom maisonette spanning the first and second floor of an impressive period property. Situated in a fantastic location on Wells Road a wide range of local amenities can be found on the properties doorstep along with multiple green spaces in the surrounding area. With easy access provided into the city centre and to Bath the property couldn't be better positioned. 181 Wells Road would benefit from internal cosmetic updating and also offers scope to increase size by expanding the current loft space, subject to consents. Ideal for builders, developers and private buyers looking for a refurbishment project.

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 14 September 2023 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWINGS -

By appointment.

SUMMARY -

SOLD FOR £250,000 - LARGE THREE-BEDROOM MAISONETTE - IN NEED OF UPDATING

DESCRIPTION -

An excellent opportunity to purchase a spacious 3-bedroom maisonette spanning the first and second floors of this impressive period property. The property is situated in a fantastic location on Wells Road, close to a wide range of local amenities and with easy access to the city centre. The property is in need of updating however offers great scope to add value. Ideal for builders, developers and private buyers looking for a refurbishment project.

LOCATION -

The property is situated on Wells Road in Totterdown within easy reach of amble shops and bars along with numerous greenspaces including Victoria Park, Perrett Park and Arnos Court Park.

ACCOMMODATION -

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

MAISONETTE -

The entrance on the ground floor leads you up a flight of stairs to a large landing on the first floor with two double bedrooms, a kitchen diner, large living room and bathroom. A further double bedroom is located on the second floor of the maisonette.

COMPLETION -

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

ENERGY PERFORMANCE CERTIFICATE -

Rating: D

TENURE -

We understand the property benefits from a Cross over lease, however please refer to the legal pack for confirmation.

LETTING - WHAT CAN MAGGS & ALLEN ACHIEVE FOR YOU? -

Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment.

We offer Full Management, Let Only and Rent Collection Services.

Conact Jessica Archer and her team on 0117 9499000 or email lettings@maggsandallen.co.uk

AUCTION OR BRIDGING FINANCE REQUIRED? -

Do you need a mortgage or loan quickly?

Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property.

Contact the Auction Team today to be put through to our mortgage and loan experts on 0117 9734940 or email admin@maggsandallen.co.uk

BUYER'S PREMIUM -

Please be advised that all purchasers are subject to a £1,250 plus VAT (£1,500 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 (£1,500 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 Wells Road, Totterdown, Bristol