22, Cleave Street, St Werburghs, Bristol, BS2 9UD

Auction Guide £260,000 - For Sale

2
  • 25 July LIVE ONLINE AUCTION
  • Mid-terraced period house for modernisation
  • Two large double bedrooms
  • Private south-easterly facing rear garden
  • Excellent scope to add value
  • 8-Week Completion

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MID-TERRACED HOUSE FOR MODERNISATION
A mid-terraced two-bedroom period house situated on a quiet residential street in the heart of St Werburghs. The property has been tenanted in recent years and now presents an opportunity to create a superb family home. There is a good-sized living room with bay window to the front, an open-plan kitchen/dining room and a bathroom on the ground floor with two large double bedrooms on the first floor. There is scope to extend at the rear into the south-easterly facing garden and/or convert the loft space, subject to consents. The property offers excellent scope to add value and will appeal to developers, investors and private buyers alike.

FOR SALE BY AUCTION -

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

VIEWINGS -

By appointment.

SUMMARY -

MID-TERRACED PERIOD HOUSE FOR MODERNISATION

DESCRIPTION -

A mid-terraced two-bedroom period house situated on a quiet residential street in the heart of St Werburghs. The property has been tenanted in recent years and now presents an opportunity to create a superb family home. There is a good-sized living room with bay window to the front, an open-plan kitchen/dining room and a bathroom on the ground floor with two large double bedrooms on the first floor. There is scope to extend at the rear into the south-easterly facing garden and/or convert the loft space, subject to consents. The property offers excellent scope to add value and will appeal to developers, investors and private buyers alike.

LOCATION -

The property is located in a prime location on Cleve Street within the popular suburb of St Werburghs with the green space of Mina Road Park at the end of the road. Within a short walk from the house, there are a wide range of independent shops and restaurants on Mina Road and the surrounding streets. Excellent transport links are provided to the city centre and M32.

ACCOMMODATION -

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

GROUND FLOOR -

The ground floor is comprised of an entrance hall, living room, kitchen/diner and bathroom.

FIRST FLOOR -

The first floor is made up of two large double bedrooms and a large storage cupboard offering scope to create a bathroom or install stairs to the loft space.

OUTSIDE -

The property benefits from a south-easterly facing rear garden.

TENURE -

The property is for sale on a freehold basis with vacant possession.

COMPLETION -

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

ENERGY PERFORMANCE CERTIFICATE (EPC) -

Rating: C

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 £1,500 plus VAT (£1,800 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 (£1,800 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 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.

RE SALE VALUE -

Once some works have been carried out we anticipate the value to be in the region of £425,000.

Floorplan for Cleave Street, St Werburghs, Bristol
EPC Graph for Cleave Street, St Werburghs, Bristol