26b, High Street, Thornbury, Bristol, BS35 2AH

Auction Guide £250,000 - For Sale

4
  • 27 June LIVE ONLINE AUCTION
  • Spacious first and second floor maisonette - over 2,000 sq ft
  • Informally arranged as a large maisonette and a studio flat
  • Immaculately presented accommodation throughout
  • Potential rental income of circa £39,000 PA
  • 8-Week Completion

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A well-presented and incredibly spacious apartment measuring over 2,000 sq ft, situated on the first and second floors of a Grade II listed period building in the heart of the popular market town of Thornbury. The versatile accommodation is currently arranged to provide a generous 2/3-bedroom home with a separate studio flat to the rear with its own kitchen and shower room. The property was previously arranged as a 5-bedroom HMO and has been completely refurbished and reconfigured to its present arrangement by the current owners. The property presents a superb opportunity for owner occupiers/investors and offers a potential rental income in the region of £39,000 per annum if returned to an HMO use.

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 27 June at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWINGS -

By appointment.

SUMMARY -

A WELL PRESENTED ONE-BEDROOM STUDIO AND TWO/ THREE-BEDROOM MAISONETTE IN THE HEART OF THORNBURY

DESCRIPTION -

A well-presented and incredibly spacious apartment measuring over 2,000 sq ft, situated on the first and second floors of a Grade II listed period building in the heart of the popular market town of Thornbury. The versatile accommodation is currently arranged to provide a generous 2/3-bedroom home with a separate studio flat to the rear, with its own kitchen and shower room. The property was previously arranged as a 5-bedroom HMO and has been completely refurbished and reconfigured to its present arrangement by the current owners. A wealth of period features have been retained including fireplaces, unique wooden beams and sash windows. The property presents a superb opportunity for owner occupiers/investors and offers a potential rental income in the region of £39,000 per annum if returned to an HMO use.

LOCATION -

The flat is situated on Thornbury Hight Street, a vibrant and popular market town on the northern fringes of Bristol. Thornbury High Street is on the doorstep and offers a wide range of cafes, restaurants and shopping outlets whilst a plethora of sporting and leisure facilities such as golf courses, tennis clubs and a swimming pool are all within easy reach . There are excellent road links to Cribbs Causeway, the motorway network and Bristol via the A38. In the immediate locality there are good state and independent schools, primary and secondary and these include The Castle School and Marlwood as well as Tockington Manor.

ACCOMMODATION -

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

MAISONETTE -

The maisonette comprises a hallway, kitchen/diner, sitting room, 2-3 bedrooms and a utility room.

STUDIO -

The rear studio flat comprises a spacious living room/bedroom with a separate kitchen and shower room.

TENURE -

The property is for sale on the residue of a 999 year lease from 31st January 2003.

COMPLETION -

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

ENERGY PERFORMANCE CERTIFICATE (EPC) -

Rating: D

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 High Street, Thornbury, Bristol
EPC Graph for High Street, Thornbury, Bristol