A Victorian property arranged as 2 flats offering an attractive rental income.
This is a Victorian mid-terrace property configured to offer a ground floor 1 bedroom garden flat and a first floor 2 bedroom flat. Currently let at £18,300 per annum, the property offers an attractive yield. Having been used for rental purposes for many years there is an opportunity to refurbish once vacant with the possibility of a loft conversion and larger rear extension subject to the necessary consents. Alternatively the property could be refurbished as a family home or HMO subject to consents, again once vacant.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
- 1 Bedroom garden flat
- Approximately 50 sqm/540 sqft
- Living room with separate kitchen
- Good sized rear garden with patio area and lawn
- Currently let at £775pcm on a 6 month AST from 10/1/20
- Potential to extend into the side return subject to planning
- Council Tax Band A
- First floor 2 bedroom flat
- Approximately 49 sqm/ 527 sqft.
- Living room with kitchen off
- 2 double bedrooms
- Currently let at £750pcm on a 6 month AST from 22/1/20
- Potential for loft conversion subject to planning
- Council Tax Band A
- Could revert to family home once vacant
- Close to Gloucester Road shopping and leisure facilities
- Direct bus routes to the City Centre
- Easy access to the M32
There are set viewing slots available for this property. Please submit a viewing request to be booked into the next available slot. We ask that you arrive promptly for the viewing as it is likely other viewings will be happening before and after your viewing. If you miss your slot you will have to wait until the next available time. No more than 2 people from the same household may view at once and you will be required to wear a face mask throughout the viewing and we advise you wear gloves as well. Please note you may be asked to wait outside until its safe to enter and you may be turned away without appropriate PPE. If you or anyone in your household have shown any symptoms of Covid (19 ) in the last 10 days we ask you to not attend the viewing.
Search Pack Fee
£360 inc vat payable upon exchange of contracts
For sale by LIVE STREAM Auction
on 15th December 2020, start time to be confirmed. In order to take part you must complete the registration form and return it together with two forms of ID. You will then be able to bid from the luxury of your own home either over the internet, by phone or by proxy.
A full auction legal pack can be downloaded from the Auction House Bristol website once available. For further information on the other lots in this auction please visit the website.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.