A freehold property comprising 2 self-contained flats offering good rental potential
Situated in a prominent central position this is an opportunity to acquire a freehold investment property comprising of two flats. Ideally positioned for the Town Centre and the Sea Front the property offers good rental potential and may offer scope for Airbnb style letting. The ground floor comprises a one bedroom flat with open plan living space and the first floor offers a two bed maisonette with large lounge and ground floor kitchen/diner.
• Ground floor 1 bedroom flat of 26 sqm (57a)
• Open plan living space
• Double bedroom with en-suite shower room
• First floor 2 bed maisonette of 67 sqm (57)
• Ground floor kitchen/diner
• Large lounge
• 2 bedrooms
• Shower room
• Both flats have own front doors
• Both have access to rear courtyard garden
Saxons have advised that the ground floor flat should rent for circa £400 PCM and the maisonette should rent for circa £575 - £600, representing an attractive gross annual yield of nearly 9% based on the guide price.
For Sale by Auction
On Tuesday, 17th September 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.
Buyer's Premium - £2000 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.