Flat 3, Valley Heights, 265 Bishopsworth Road, Bishopsworth, Bristol, BS13 7LN

Auction Guide £185,000 - For Sale

2
  • 21 March LIVE ONLINE AUCTION
  • Spacious 2-bedroom duplex apartment (approx. 88m²)
  • Private rear garden and parking space
  • Potential rental income of £1,200 pcm
  • 8-week completion

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SPACIOUS 2-BEDROOM DUPLEX WITH PARKING AND GARDEN
A spacious 2-bedroom duplex apartment with its own private 40ft rear garden, situated in a modern block of flats in Bishopsworth overlooking Manor Woods Valley. This well-presented apartment benefits from two double bedrooms (master with en-suite) and an allocated parking space within the gated car park to the front. A superb opportunity for first time buyers and investors.

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 -

SPACIOUS 2-BEDROOM DUPLEX WITH PARKING AND GARDEN

DESCRIPTION -

A spacious 2-bedroom duplex apartment with its own private 40ft rear garden, situated in a modern block of flats in Bishopsworth overlooking Manor Woods Valley. This well-presented apartment benefits from two double bedrooms (master with en-suite) and an allocated parking space within the gated car park to the front. A superb opportunity for first time buyers and investors.

LOCATION -

The property is situated in a highly convenient location on Bishopsworth Road overlooking Manor Woods Valley to the rear. Excellent access is provided to the A38, a range of local amenities, Bedminster Down School and Cheddar Grove Primary School.

ACCOMMODATION -

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

FLAT 3 -

The property is accessed via the communal hallway on the lower ground floor. This floor comprises an entrance hall, two double bedrooms (master with en-suite) and a bathroom. Stairs lead down to the lower level comprising a large kitchen/diner and a living room with double doors onto the 40 ft private rear garden.

RENTAL POTENTIAL -

We anticipate a current market rent of £1,200 pcm (£14,400 per annum).

TENURE -

The vendor informs us that the property is to be sold on the residue of a 999 year lease from 1st May 2004.

GROUND RENT -

A peppercorn.

SERVICE CHARGE -

The vendor informs us that the current service charge is £95 per month. Please refer to the legal pack for confirmation.

COMPLETION -

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

ENERGY PERFORMANCE CERTIFICATE (EPC) -

Rating: B

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 265 Bishopsworth Road, Bishopsworth, Bristol