419, Soundwell Road, Kingswood, Bristol, BS15 1JT

Auction Guide £220,000 - For Sale

3
  • 25 July LIVE ONLINE AUCTION
  • Attractive 3-bedroom mid-terraced house
  • In need of some updating
  • Excellent scope to add value
  • 8-week completion

REGISTER TO BID

MAKE A PRE-AUCTION OFFER



Require Finance?

Compare Property Finance from over 100 lenders
Click HERE to start your search

A representive from South West Business Finance will contact you to discuss your options



Share:

An attractive 3-bedroom mid-terraced Victoria house in need of some updating, situated in a highly convenient location in Kingswood. The property benefits from a larger than average rear garden for the area and is currently let producing £843 pcm. An ideal refurbishment opportunity with excellent scope to add value.

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 -

THREE-BEDROOM MID-TERRACED HOUSE FOR UPDATING

DESCRIPTION -

An attractive 3-bedroom mid-terraced Victoria house in need of some updating, situated in a highly convenient location in Kingswood. The property benefits from a larger than average rear garden for the area and is currently let producing £843 pcm. An ideal refurbishment opportunity with excellent scope to add value.

LOCATION -

The property is situated on Soundwell Road in Kingswood and is conveniently located for access to a wide range of local amenities on Kingswood High Street. Colebrook Road Park and Play Area is within walking distance and excellent transport links are provided to Bristol city centre.

ACCOMMODATION -

The ground floor comprises of an entrance hall, living room, dining/family room, a kitchen and bathroom whilst the first floor accommodation comprises of three bedrooms.

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

OUTSIDE -

The property is set back from the road and benefits from a courtyard garden to the front and a good-sized rear garden laid mostly to lawn.

TENANCY DETAILS -

The property is currently let on an AST dated 7 February 2019 producing £843 pcm, which is below market level and the tenants are currently holding over. Please refer to the legal pack for a copy of the tenancy agreement.

TENURE -

The property is for sale on a freehold basis, subject to the Assured Shorthold Tenancy above.

COMPLETION -

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

ENERGY PERFORMANCE CERTIFICATE (EPC) -

Rating: TBC

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.

Floorplan for Soundwell Road, Kingswood, Bristol