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Bath Road, Brislington, Bristol

Key features

  • 25 July LIVE ONLINE AUCTION
  • Freehold period property arranged as 3 flats
  • 2 x 2-Bedroom Flats & 1 x 1-Bedroom Flat
  • Superb investment or break-up opportunity
  • GDV of circa £725,000 / Potential rental income of £42,000 PA
  • 8-week completion

Description

A substantial Victorian terraced property that is arranged as three self-contained flats (2 x two-bedroom flats and 1 x one-bedroom flat). The property is in need of modernisation throughout and offers a superb investment or break-up opportunity with a values totalling circa £725,000 once the flats have been refurbished. The property further benefits from a courtyard garden to the rear along with three off-street parking spaces with access via the rear lane. The property is situated in a highly convenient location with easy access provided to a range of local amenities on Sandy Park Road, Bristol Temple Meads train station and the city centre.

For Sale By Auction - This property is due to feature in our online auction on 25 July 2024 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

Viewings - By appointment.

Summary - SUBSTANTIAL PERIOD TERRACE ARRANGED AS 3 FLATS

Description - A substantial Victorian terraced property that is arranged as three self-contained flats (2 x two-bedroom flats and 1 x one-bedroom flat). The property is in need of modernisation throughout and offers a superb investment or break-up opportunity with a values totalling circa £725,000 once the flats have been refurbished. The property is offered for sale with vacant possession and further benefits from a courtyard garden to the rear along with three off-street parking spaces with access via the rear lane.

Location - The property is situated in a highly convenient location on the A4 Bath Road with direct views across Arnos Court Park. Easy access is provided to a range of local amenities on Sandy Park Road, Bristol Temple Meads train station and the city centre.

Accommodation - Please refer to floorplan for approximate room measurements and internal layout.

Ground Floor Flat - Comprising a spacious living room with bay window to the front, two bedrooms, a kitchen, bathroom and rear courtyard garden plus parking space.

First Floor Flat - Comprising a spacious living room with bay window to the front, two bedrooms, a kitchen, bathroom and parking space to the rear.

Second Floor Flat - Comprising a living room, kitchen, bedroom, bathroom and parking space to the rear.

Resale & Rental Values - We would anticipate the following resale and rental values for the three flats following the refurbishment:

GROUND FLOOR FLAT: £275,000 / £1,300 PCM
FIRST FLOOR FLAT: £250,000 / £1,200 PCM
SECOND FLOOR FLAT: £200,000 / £1,000 PCM

TOTAL: £725,000 / £42,000 PER ANNUM

Tenure - The property is for sale on a freehold basis with vacant possession.

Completion - Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.

Energy Performance Certificates (Epcs) - Rating:

Letting - What Can Maggs & Allen Achieve For You? - Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on or email .

Auction Or Bridging Finance Required? - Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on or email

Buyer's Premium - Please be advised that all purchasers are subject to a £1,500 plus VAT (£1,800 inc VAT) buyer’s premium payable upon exchange of contracts.

*Guide Price - Guide Prices 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 Reserve Price (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.

Reserve Price - The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Proxy, Telephone & Online Remote Bidding - The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.

Preliminary Deposits - The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:

£1,000 - £150,000: £5,000
£151,000 and above: £10,000

If you bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 inc VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days.

Rental Estimates - All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.

Brochures

Bath Road, Brislington, Bristol
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

Bath Road, Brislington, Bristol

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bristol Temple Meads Station1.1 miles
  • Lawrence Hill Station1.2 miles
  • Bedminster Station1.5 miles
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About the agent

Maggs & Allen, Auction, Commercial & Investment

60 Northumbria Drive, Henleaze, Bristol, BS9 4HW

Maggs & Allen, Auction, Commercial & Investment

Auction, Commercial and Investment Property Services

Maggs + Allen offer a complete property solution for both the public and professional markets.

We are:

* Chartered Surveyors

* Auctioneers

* Commercial Sales & Letting Agents

* Land & New Homes

* Licensed Estate Agents

* Residential Letting & Management Agents

Maggs & Allen can advise and help with all your Property requirements from the leasing, sale or acquisition of offices, shops, in

More properties from this agent

Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference 33162798. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Maggs & Allen, Auction, Commercial & Investment. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Maggs & Allen, Auction, Commercial & Investment on 0117 463 0249.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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