Flat 2, 3 Bushy Park, Totterdown, Bristol, BS4 2EG

Auction Guide £170,000 - For Sale

1
  • 21 March LIVE ONLINE AUCTION
  • Modern 1-bed flat with garden
  • Rental potential in the region of £14,400per annum
  • 6 Week Completion

A well-presented 1-bedroom garden flat benefiting from a modern kitchen and bathroom along with off street parking. Situated on Bushy Park, Totterdown the property is within walking distance to various amenities on Wells Road as well as being a short walk from Victoria Park and Perrett Park. The property would make for an excellent investment with a rental of approximately £1,200pcm once let. Perfect for private buyers and investors alike.

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.

VIEWINGS -

By appointment.

SUMMARY -

1 BEDROOM GARDEN FLAT – TOTTERDOWN

DESCRIPTION -

A well-presented 1-bedroom garden flat benefiting from a modern kitchen and bathroom. Situated on Bushy Park, Totterdown the property is within walking distance to various amenities on Wells Road as well as being a short walk from Victoria Park and Perrett Park. The property would make for an excellent investment with a rental of approximately £1,200pcm once let. Perfect for private buyers and investors alike.

LOCATION -

The property is located on the corner of Bushy Park and Winton Street, Totterdown. Flat 2 is within walking distance to a range of amenities on Wells Road with superb access routes in and out of the city.

ACCOMMODATION -

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

FLAT 2 -

The property benefits from a spacious kitchen/living/dining room leading to a private rear garden. The flat also has a modern bathroom and sizeable bedroom.

COMPLETION -

Completion for this lot will be 6 weeks from exchange of contracts or sooner by mutual agreement.

ENERGY PERFORMANCE CERTIFICATE (EPC) -

Rating: E

TENURE -

We understand the property is sold on the remainder of a 999 years lease. Please refer to the online legal pack for confirmation.

GROUND RENT -

We understand the ground rent payable is £50per annum. Please refer to the legal pack for a copy of the lease.

SERVICE CHARGE -

We understand the service charge is £40pcm. Please refer to the legal pack for a copy of the lease.

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 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.

RENTAL ESTIMATES -

All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.

Floorplan for Bushy Park, Totterdown, Bristol
EPC Graph for Bushy Park, Totterdown, Bristol