A substantial maisonette arranged over the ground and lower ground floors (plus unconverted cellar) of an attractive semi-detached period building in the heart of Redland. The property is in need of renovation throughout and includes a large south-easterly facing garden along with a front garden that offers scope to create off-street parking, subject to consents.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 21 March 2024 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
SUBSTANTIAL MASISONETTE WITH HUGE POTENTIAL
A substantial maisonette arranged over the ground and lower ground floors (plus unconverted cellar) of an attractive semi-detached period building in the heart of Redland. The property is in need of renovation throughout and benefits from a large south-easterly facing garden along with a front garden that offers scope to create off-street parking, subject to consents. An exciting opportunity to create a superb single dwelling or potentially convert into 2-3 self-contained flats, subject to obtaining the necessary consents.
Redland is one of Bristol's most sought after and coveted locations and combines green open spaces with the convenience of city living. Hampton Park is ideally located for level and easy access to Whiteladies Road, Clifton Down Shopping Centre and Clifton Down train station with a link to Bristol Temple Meads. The recently pedestrianised Cotham Hill offers an abundance of shops, restaurants and coffee shops, and the city centre, Durdham Downs and Bristol University are all within easy reach.
Please refer to floorplan for approximate room measurements and internal layout.
GROUND FLOOR -
Comprising a generous living room with bay window to the front, feature fireplace, ornate ceiling rose and coving, a kitchen, double bedroom and shower room.
LOWER GROUND FLOOR -
Comprising a large reception room/bedroom overlooking the rear garden, a further double bedroom and a bathroom.
Accessed internally via stairs from the lower ground floor or externally from the rear garden, the cellar is divided into two large rooms (one at the front of the building and one at the rear) with a window and door onto the rear garden.
The property benefits from a 50 ft rear garden with side access and and a front garden that offers potential to create off-street parking, subject to consents.
The property is for sale on the residue of a 999 year lease from 1st December 1985. The freehold is owned by the management company for the building with the directors of said management company being each of the leasehold flat owners.
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
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.
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 firstname.lastname@example.org
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. Contact Jessica Archer and her team on 0117 9499000 or email email@example.com.