Substantial Freehold building
284 Bath Road is a substantial Victorian building enjoying an elevated position with views towards the River Avon over the popular mixed used Paint Works development with its range of cafes, bars and restaurants. The property is approximately 1 mile to Bristol Temple Meads train station, Temple Quay office quarter and the new Bristol University proposed campus. The property was converted in 2004 to a high standard with full planning and building regulations approval, creating three 1 bedroom flats. The property is being offered either as a freehold investment or as 3 individual flats subject to the existing tenancies.
• Elevated position
• 48 sqm
• Living room
• Double bedroom
• Galley kitchen
• Courtyard Garden
• Double Glazing & Gas Central Heating
• Currently let at £700 pcm
• Potential rent for rent increase
• First floor flat of 48sqm
• Open Plan Living Space
• Dressing room
• Direct access to terraced garden
• Separate W.C.
• Currently let at £800 PCM
• Top floor 1 bedroom flat
• Main floor area 28 sqm + 3sqm under 1.5m ceiling height
• Open plan dual aspect living space
• Shower room
• Currently let at £600 pcm
1 bedroom flat at 246 Bath Road sold 13th November 2017 for £185,500
1 bedroom flat at 242 Bath Road sold 16th June 2017 for £170,000
1 bedroom flat at 256 Bath Road sold 10th May 2017 for £170,000
Sold subject to the existing Assured Shorthold Tenancies
Ground Floor Flat - Periodic Tenancy let at £700 pcm
First Floor Flat - Let until 1st July at £800 pcm
Top Floor Flat - Period Tenancy let at £600 pcm
Tuesdays and Thursdays 12.00 - 12.30
Buyers Admin Fee: 0.25% + VAT of the sale price subject to a minimum fee of £600 + VAT (£720 inc) payable on the fall of the gavel/exchange of contracts.
Search Pack Fee: £360 payable upon the fall of the gavel/exchange of contracts
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 22nd March 2018 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.