8, Oakfield Road, Kingswood, Bristol, BS15 8NT

Auction Guide £205,000 - Sold

2
  • SOLD FOR £208,000 - 25 April Auction
  • 2 Bedroom Terraced House
  • 80ft rear garden
  • Rental potential circa £15,600PA
  • 8-week completion



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A well presented two-bedroom terrace house situated on Oakfield Road, Kingswood. The property has been well maintained by the current owner and comprises from a a modern kitchen, shower room and open planned lounge/diner. The property would benefit from further modernisation in both bedrooms. We would anticipate a rental of £1,300pcm (£15,600per annum) if let and therefor presents itself as an excellent opportunity for private buyers and investors alike.

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 25 April 2024 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWING -

By appointment.

SUMMARY -

SOLD FOR £208,000 - A TWO-BEDROOM TERRACED HOME WITH MODERN KITCHED AND LARGE GARDEN

DESCRIPTION -

A well presented two-bedroom terrace house situated on Oakfield Road, Kingswood. The property has been well maintained by the current owner and comprises from a a modern kitchen, shower room and open planned lounge/dining room. The property would benefit from further modernisation in both bedrooms. We would anticipate a rental of £1,300pcm (£15,600per annum) if let and there for presents itself as an excellent opportunity for private buyers and investors alike.

LOCATION -

Situated on Oakfield Road, Kingswood the property provides easy access to a range of amenities on Hanham High Street as well as High Street, Kingswood. At the end of the road you'll find the popular Court Road Park boasting with green space and sports courts. Beacon Rise Primary School is also a stones throw away from the property.

ACCOMMODATION -

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

GROUND FLOOR -

The ground floor comprises of an open landing lounge/ dining room, kitchen and shower room.

FIRST FLOOR -

The first floor comprises of two double bedrooms.

OUTSIDE -

The property benefits from a substantial rear garden measuring approximately 80ft long to the rear laid to patio, gravel and lawn.

COMPLETION -

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

ENERGY PERFORMANCE CERTIFICATE (EPC) -

Rating: D

TENURE -

We understand the property to be Freehold, 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. 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 - £150,000: £5,000
£151,000 and above: £10,000

If you 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 houra of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days.

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 Oakfield Road, Kingswood, Bristol
EPC Graph for Oakfield Road, Kingswood, Bristol