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Moorland Road, Weston-super-Mare, North Somerset, BS23

Key features

  • For sale by Public Auction on Thursday 14th November 2024 at Leigh Court, Pill Road, Abbots Leigh, BS8 3RA and online at 7.00pm.
  • A terraced, period, freehold block of five apartments
  • Arranged over three storeys
  • One apartment in need of renovation
  • Currently receiving £34,500 rental income per annum (Flat 3 is currently vacant) with potential to increase
  • Sold with tenants in situ
  • Ideal investment opportunity
  • Within reach of local amenities and sea front
  • EPC Ratings for Flats 1-5 are E41, E43, E39, D58, E40, Council Tax Band A

Description

For sale by Public Auction on Thursday 14th November 2024 at Leigh Court, Pill Road, Abbots Leigh, BS8 3RA and online at 7.00pm.

David Plaister Ltd are pleased to present a fantastic investment opportunity to acquire this freehold, terraced period property, arranged over three storeys. Set in a prime position and within reach of local amenities and Weston-super-Mare's prolific sea front, the block comprises five apartments, one of which requires renovation, and a rear courtyard, presenting potential for value enhancement.

Sold with tenants in situ (with the exception of Flat 3 which is currently vacant), this property is currently generating a yearly rental income of circa £34,500, with scope for further increase.

This well-positioned home is located in the popular South Ward area and is within reach of the seafront, beach, shops, schools and Weston-super-Mare’s town centre with local amenities close by. For the commuter, excellent transport links are within reach including Junction 21 which provides access to the M5, and from there to most major towns and cities. There is a mainline train station enabling fast access to all major parts of the country and a regular bus service offers transport to most areas of the town and outlying districts. EPC Ratings for Flats 1-5 are E41, E43, E39, D58, E40, Council Tax Band A.

Auction Details:
• Venue: Leigh Court, Pill Road, Abbots Leigh, Bristol, BS8 3RA (there is plenty of free parking)
• Date: Thursday 14th November 2024
• Start Time: 7:00pm
• Bidding Options: In room, online, proxy, telephone

*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.

Front Garden

On approach to the property, there is a tiled pathway and area laid to concrete, partly enclosed by stone walls.

Communal Entrance and Stair Flight

Flat One

(Currently tenanted and achieving a rental income of £750.00 per calander month.)

Hallway

Doors to ground floor rooms, electric meter and consumer unit, ceiling light.

Kitchen/Living Room

With wood effect laminate flooring, wall and floor units with worktops and upstands over, inset stainless steel sink and drainer, four ring electric hob with oven under, an extraction hood over, electric heater, UPVC double glazed bay style window, picture rail, coved ceiling, ceiling light.

Bedroom

UPVC double glazed window, electric heater, ceiling light.

Shower Room

Low level WC, enclosed electric shower, wash hand basin over vanity unit, extraction fan, ceiling light.

Flat Two

(Currently tenanted with and achieving a rental income of £725.00 per calander month).

Kitchen/Breakfast Room

Featuring vinyl flooring, an electric heater, a range of wall and floor units, worktops with upstands, an electric four-ring hob with extraction hood over, oven under, an inset stainless steel sink and drainer, space for a fridge freezer, a cupboard housing the electric meter, a UPVC double-glazed window, a UPVC double glazed door to the rear garden, ceiling light, door leading to the inner hallway.

Inner Hallway

A UPVC double-glazed window, ceiling light, doors to principal rooms.

Bathroom

Featuring vinyl flooring, a low-level WC, a wash hand basin with tiled splashback, a panelled bath with a mains-fed shower and shower screen over, part tiled walls, a cupboard housing a hot water tank, extraction fan, ceiling light.

Bedroom

Includes an electric heater, a UPVC double-glazed window, ceiling light.

Rear Garden

A tarmac pathway leading to an area laid to slab patio, enclosed by a timber fence with gated access to an alleyway.

Flat Three

(Currently vacant and in need of rennovation with a potential rental income of £850.00 - £950.00 per calender month, depending on the market conditions at the time of marketing and standard of works).

Hallway

Electric meter, doors to rooms, ceiling lights.

Bathroom

A low-level WC, wash and basin pedestal, panel bath, UPVC double glazed window, ceiling light.

Kitchen/Living Area/Bedroom

A UPVC double glazed window, floor unit with stainless steel sink, ceiling light, built-in storage cupboard.

Flat Four

(Currently tenanted and achieving a rental income of £750.00 per calander month).

Hallway

Doors to rooms, electric meter, ceiling light.

Kitchen/Living Room

A UPVC double glazed bay style window, wood effect laminate flooring, wall and floor units with worktops and upstands over, inset stainless steel sink and drainer, four ring electric hob with oven under, an extraction hood over, picture rail, coved ceiling, ceiling light, door to bedroom, electric heater.

Shower Room

A low-level WC, enclosed electric shower, UPVC double glazed window, wash hand basin over vanity unit, ceiling light, cupboard housing hot water tank.

Bedroom

A UPVC double glazed window, electric heater, ceiling light.

Flat Five

(Currently tenanted and achieving a rental income of £650.00 per calander month).

Hallway

Stairs rising to a useful landing area with a UPVC double glazed window on the half landing, doors to rooms, ceiling light, part sloping ceilings.

Kitchen/Living Room

With wood effect laminate flooring, wall and floor units with worktops and upstands over, with an inset stainless steel sink and drainer, four ring electric hob with oven under, an extraction hood over, part sloping ceilings, decorative fireplace, electric heater, UPVC double glazed windows, ceiling light.

En-suite

A low-level WC, enclosed electric shower, wash hand basin over vanity unit, extraction fan, wall light.

Bedroom

A UPVC double glazed window, parts sloping ceilings, electric panel heater, ceiling light.

Services

Mains water, electric and drainage.

Tenure

Freehold.

Please Note

If you are attending the auction in person there is plenty of free parking at the venue. The integrity and structure of the property is ‘sold as seen’ and in addition there may well be some fixtures, fittings and chattels left at the property which will become the responsibility and ownership of the purchaser upon legal completion of the transaction. The land is subject to a perpetual yearly rentcharge of £4 created by a Conveyance of the land in this title dated 3 January 1905 made between (1) James Partridge Capell and (2) Richard Fear. The said Deed also contains covenants, please refer to the legal pack.

Brochures

Particulars
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.
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Moorland Road, Weston-super-Mare, North Somerset, BS23

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Weston-super-Mare Station0.7 miles
  • Weston Milton Station1.7 miles
  • Worle Station3.2 miles
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About David Plaister Ltd, Auctions

12 South Parade, Weston-super-Mare, North Somerset. BS23 1JN

By offering your property for sale with David Plaister Ltd 'BY AUCTION' you can be assured that the property will be offered for sale in a very competitive market place, as David Plaister Ltd's auctions are public events which all are welcome to attend.

National Association of Valuers & Auctioneers

David Plaister Ltd is a member of The National Association of Valuers & Auctioneers (NAVA) a professional organisation who are well placed amongst the country's leading property agents offering property auctioneering as a service to their clients. Qualified NAVA members are following the highest of industry standards, so as a client you can feel relaxed that you and your property are in safe, secure hands.

Upcoming 2024/2025 Auction Dates 

Thursday 14th November 2024

Thursday 30th January 2025

Thursday 20th March 2025

Thursday 30th May 2025

Notes

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Disclaimer - Property reference DPA240035. 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 David Plaister Ltd, Auctions. 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 David Plaister Ltd, Auctions on 01934 317826.

*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.”

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