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Sandy Park Road, Bristol *Guide Price £225,000 - £250,000

  • Freehold investment property
  • Ground floor lock-up office
  • Ground floor 1 bedroom flat
  • Large 1 bedroom first floor flat
  • Great onward investment potential
  • EPC's GF Flat:E 1st FF:D Office: On order

***For Sale by Auction on 1st November*** ***Guide Price: £225,000 - £250,000*** Situated in the vibrant high street of Sandy Park Road, this is a mid-terrace property comprising a ground floor lock-up office, a rear 1 bedroom flat with courtyard garden and a large 1 bedroom first floor flat. The property is currently let based on historic rents from circa 5+ years ago and offers potential to increase the income. The property is ideal for investors and also offers break up potential.


Sandy Park Road
Bristol BS4 3PE
County: City of Bristol
Sale Type: For Sale
Ref #: AH000235
Last Updated: Monday, 15 October 2018 16:49

A fully tenanted mixed use investment property

Description

Situated in the vibrant high street of Sandy Park Road, this is a mid-terrace property comprising a ground floor lock-up office, a rear 1 bedroom flat with courtyard garden and a large 1 bedroom first floor flat. The property is currently let based on historic rents from circa 5+ years ago and offers potential to increase the income. The property is ideal for investors and also offers break up potential.

Key Points

• Freehold investment property • Ground floor lock-up office of _ sqm let at £4,420 per annum • Ground floor 1-bedroom garden flat of 31 sqm let at £450pcm • First floor 1 bedroom flat of 57 sqm let at £495 pcm • Potential for significant rent increases • Current market rents circa £650 - £700pcm • Great onward investment potential • Offers significant break up potential • Current gross annual income of £15,760 • Potential to increase to in excess of £21,000

Possession

The office is sold subject to the existing tenancy The flats are sold subject to the existing periodic tenancies which are now holding over from their original term.

Viewing

By appointment with Auction House 0117 946 4949

For Sale by Auction

On Thursday 1st November 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.

Legal Pack

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.


Sandy Park Road
Bristol BS4 3PE
County: City of Bristol
Sale Type: For Sale
Ref #: AH000235
Last Updated: Monday, 15 October 2018 16:49

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Sandy Park Road
Bristol BS4 3PE
County: City of Bristol
Sale Type: For Sale
Ref #: AH000235
Last Updated: Monday, 15 October 2018 16:49
Name Location Type Distance

Price Information

*Guides 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 a Reserve (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.

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