126, Avonvale Road, Redfield, Bristol, BS5 9RX

Auction Guide £220,000 - For Sale

  • SOLD FOR £250,000 - 23 May Auction
  • 2 Large Vacant Flats
  • Huge Garage With Scope For Redevelopment
  • Courtyard Garden
  • GREAT BUY TO LET INVESTMENT

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Large end of terrace two storey corner property that is in need of refurbishment. Currently arranged as a ground floor 2-bedroom flat with a 1 bedroom first floor flat. The property offers excellent scope to add value to the flats or as a large HMO, subject to consents. The ground floor flat benefits from a courtyard garden and a large garage that offers further development potential, subject to obtaining the necessary planning consents. A superb opportunity for developers and investors.

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 23 May 2024 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWINGS -

By appointment.

SUMMARY -

SOLD FOR £250,000 - TWO VACANT FLATS FOR REBURBISHMENT - IDEAL INVESTMENT OR BREAK-UP OPPORTUNITY

DESCRIPTION -

An end of terrace two storey corner property that is in need of refurbishment. Currently arranged as a ground floor 2-bedroom flat and a 1 bedroom first floor flat. The property offers excellent scope to add value to the flats or as a large HMO, subject to consents. The ground floor flat further benefits from a courtyard garden and a large garage that could offer further development, subject to obtaining the necessary planning consents. A superb opportunity for developers and investors.

LOCATION -

Positioned on the corner of Avonvale Road and York Street, Redfield the property is a stones throw away from Netham Park with a range of local amenities located on Church Road.

ACCOMMODATION -

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

GROUND FLOOR -

Comprising two large bedrooms, lounge/dining, kitchen, bathroom.

FIRST FLOOR -

Comprising a kitchen, shower room, bedroom and lounge/diner.

OUTSIDE -

Comprising a small courtyard and a garage to the rear.

COMPLETION -

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

ENERGY PERFORMANCE CERTIFICATE -

Ground Floor EPC: D
First Floor EPC: E

TENURE -

To be confirmed.

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.

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 Avonvale Road, Redfield, Bristol