Large 2 bed flat ideal for letting in central location
This is a large 2 bedroom flat of approx 67sqm situated on the second floor of a modern block of flats. The property lies a few minutes walk from the range of shopping and leisure facilities available in Gloucester City Centre and Docks. This is an ideal property for investors with a likely rent in the region of £600 PCM, offering a potential yield of 9-12% based on the guide price range.
• 2nd floor 2 bed flat of 67 sqm
• Lounge and separate kitchen
• Situated minutes from City Centre
• Likely rent in the region of £600 PCM
• Potential Gross Annual yield circa 12%
• Cash buyers only – no management company
• Tenure: Leasehold residue of a 999 year lease from 1st July 2005
• EPC B
By appointment (viewings commence from June 27th)
Buyers Admin Fee: 0.25% of the sale price subject to a minimum fee of £594 on the fall of the gavel/exchange of contracts
Searches: The Buyer will be liable to pay Auction House £350 for the searches contained in the legal pack.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
For Sale by Auction
On Thursday 13th July at 7.00pm
At Ashton Gate Stadium, Winterstoke Road, Bristol BS3 2LQ
Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.
A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.