BLOCK OF FLATS - Whitehall Road, Whitehall, Bristol
![Maggs & Allen, Auction, Commercial & Investment](https://media.rightmove.co.uk/company/clogo_2360_0002.jpeg)
- PROPERTY TYPE
Block of Apartments
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 19 September LIVE ONLINE AUCTION
- Newly converted building arranged as 8 flats
- 6 x Studio Flats & 2 x 1-Bedroom Flats
- Fully-let producing £106,080 Per Annum
- Superb investment / break-up opportunity
- 8-week completion
Description
A substantial corner property arranged as 8 well-presented flats (6 x studio flats and 2 x 1-bedroom flats). The building has been well-maintained during its current ownership and all of the flats benefit from modern kitchens and bathrooms. The property is fully-let producing of £106,080 per annum making this a superb and high-yielding rental investment, situated in a highly convenient location in Whitehall.
For Sale By Auction - This property is due to feature in our online auction on 19 September 2024 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
Viewings - By appointment.
Summary - SUBSTANTIAL CORNER PROPERTY ARRANGED AS 8 FLATS - LET PRODUCING £106,080 PER ANNUM
Description - A substantial corner property arranged as 8 well-presented flats (6 x studio flats and 2 x 1-bedroom flats). The building has been well-maintained during its current ownership and all of the flats benefit from modern kitchens and bathrooms. The property is fully-let producing of £106,080 per annum making this a superb and high-yielding rental investment, situated in a highly convenient location in Whitehall.
Location - The property is situated on Whitehall Road in Whitehall and provides easy access to a range of local amenities on Church Road in St George. Excellent transport links are also provided to the city centre.
Schedule Of Accommodation / Current Rental Details -
Flat 1 - Approx. 25.2 M² - Studio flat currently let to Clearsprings Ready Homes Limited on a tenancy agreement dated 9th February 2024 and expiring on 31st August 2029 producing £1,080 pcm (£12,960 pa).
Flat 1D (Woodbine Road) - Approx. 36.2 M² - A studio flat currently let to Clearsprings Ready Homes Limited on a tenancy agreement dated 9th February 2024 and expiring on 31st August 2029 producing £1,280 pcm (£15,360 pa).
Flat 2 - Approx. 36.5 M² - A studio flat currently let to Clearsprings Ready Homes Limited on a tenancy agreement dated 9th February 2024 and expiring on 31st August 2029 producing £1,080 pcm (£12,960 pa).
Flat 3 - Approx. 22 M² - A studio flat currently let to Clearsprings Ready Homes Limited on a tenancy agreement dated 9th February 2024 and expiring on 31st August 2029 producing £1,080 pcm (£12,960 pa).
Flat 4 - Approx. 29 M² - 1-Bedroom flat comprising a kitchen/living/dining room, shower room and double bedroom. Currently let to Clearsprings Ready Homes Limited on a tenancy agreement dated 9th February 2024 and expiring on 31st August 2029 producing £1,080 pcm (£12,960 pa).
Flat 5 - Approx. 31 M² - A Studio Flat currently let to Clearsprings Ready Homes Limited on a tenancy agreement dated 9th February 2024 and expiring on 31st August 2029 producing £1,080 pcm (£12,960 pa).
Flat 6 - Approx. 31 M² - A 1-bedroom flat comprising living/dining room, separate kitchen, double bedroom and shower room. Currently let to Clearsprings Ready Homes Limited on a tenancy agreement dated 9th February 2024 and expiring on 31st August 2029 producing £1,080 pcm (£12,960 pa).
Flat 7 - Approx. 30 M² - A studio flat currently let to Clearsprings Ready Homes Limited on a tenancy agreement dated 9th February 2024 and expiring on 31st August 2029 producing £1,080 pcm (£12,960 pa).
Tenure - The property is to be sold on a freehold basis, subject to the existing tenancy agreements detailed above.
Completion - Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
Energy Performance Certificates (Epcs) - Ratings: C
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
BLOCK OF FLATS - Whitehall Road, Whitehall, Bristo- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
BLOCK OF FLATS - Whitehall Road, Whitehall, Bristol
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lawrence Hill Station0.8 miles
- Stapleton Road Station0.8 miles
- Bristol Temple Meads Station1.8 miles
About the agent
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
Industry affiliations
![National Association of Estate Agents](https://media.rightmove.co.uk/dir/customer/industry-affiliation/national-association-of-estate-agents_max_135x100.png)
![Ombudsman for REsale Estate Agents (no OFT logo)](https://media.rightmove.co.uk/dir/customer/industry-affiliation/ombudsman-for-resale-estate-agent_max_135x100.png)
![Association of Residential Letting Agents](https://media.rightmove.co.uk/dir/customer/industry-affiliation/association-of-residential-lettings-agent_max_135x100.png)
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 33283936. 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. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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