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George Street, Bridgwater *Guide Price £300,000+++

  • 4 x 2 bed flats
  • Good condition ready to occupy with minimal outlay
  • EPC's: All Flats - C

***For Sale By Auction on March 28th*** ***Guide Price: £300,000 plus fees***These penthouse apartments occupy the top floor of Kings Court and offer excellent rental potential with the option for selling the flats off individually. The flats all offer an identical layout comprising hallway, L shaped kitchen/living room, 1 double bedroom, 1 single bedroom and a family bathroom and all enjoy rooftop views across Bridgwater. The flats are approached via a gated courtyard leading to a communal stairwell with open landings off leading to the flats. The flats are all in reasonable condition and could be occupied with minimal outlay. Please note they are sold subject to a 14 Day Completion.


George Street
Bridgwater TA6 3FA
County: Somerset
Sale Type: For Sale
Ref #: AH000263
Last Updated: Friday, 08 March 2019 16:14

Investment/breakup opportunity comprising 4 x 2 bed penthouse flats

Description

These penthouse apartments occupy the top floor of Kings Court and offer excellent rental potential with the option for selling the flats off individually. The flats all offer an identical layout comprising hallway, L shaped kitchen/living room, 1 double bedroom, 1 single bedroom and a family bathroom and all enjoy rooftop views across Bridgwater. The flats are approached via a gated courtyard leading to a communal stairwell with open landings off leading to the flats. The flats are all in reasonable condition and could be occupied with minimal outlay. Please note they are sold subject to a 14 Day Completion.

Tenure

See legal pack

Situation

Situated in the centre of Bridgwater the property is within walking distance of local amenities within the town centre. The M5 motorway (J 24) is 2 miles approx. A mainline rail link is located approx. 1.5 miles away. George Street is an access only road that leads through to the pedestrianised shopping area of Fore Street. For viewings we recommend parking in the Dampiet Street Car Park and continuing on foot along George Street past Dampiet House homeless hostel. Kings Court is next on the right.

Floor Plans

The floor plans provided are of penthouse apartments 1 and 2. 3 and 4 are virtually identical.

Rental

The properties are expected to rent for circa £575 PCM each giving a potential yield of circa 9%

Agents Note

Apartment 2 is subject to an insurance claim and is undergoing refurbishment.

Viewings

By appointment call Auction House on 0117 9464949

For Sale by Auction

On Thursday 28th March at 7.00 pm 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.

Buyer's Premium - £1020 inc VAT payable on exchange of contracts. Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.


George Street
Bridgwater TA6 3FA
County: Somerset
Sale Type: For Sale
Ref #: AH000263
Last Updated: Friday, 08 March 2019 16:14

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George Street
Bridgwater TA6 3FA
County: Somerset
Sale Type: For Sale
Ref #: AH000263
Last Updated: Friday, 08 March 2019 16:14
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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