Property description
***For sale by Auction on 22nd September 2016*** ***Guide Price £100,000 - £120,000*** This is an ideal opportunity to get your foot on the first step of the property ladder. Converted circa 2005 this top floor flat is situated in a Victorian end of terrace property close to Victoria Park. It offers an open plan living space, double bedroom and a shower room. Alternative it could be let providing an attractive yield in the region of 8%.
Description
This is a top floor 1 bedroom flat situated in one of the Hippest suburbs of the city if not the UK. Converted circa 2005 the property is in good condition and is an ideal opportunity for first time buyer and investors. Occupying the top floor of this Victorian end of terrace property the flat offers an open plan living space, double bedroom, a shower room and is ready to occupy. The property offers excellent rental potential of circa 8% based on the lower end of the guide price or offers an affordable first step on to the property ladder.
Situation
Voted this year as the 5th \"hippest\" place to live in the UK by the Times newspaper Totterdown is a popular location with first time buyers and investors. Its central position, together with a wealth of local cafes, bars and restaurants as wells as Victoria Park all add to its popularity.http://www.thetimes.co.uk/tto/life/property/prices-investment/article4711198.ece
Key Points
⢠1 bedroom top floor flat⢠Open plan living space⢠Ready to occupy⢠Ideal for first time buyers and investors⢠Situated in the heart of popular Totterdown⢠Bristol Temple Meads train station is within 1 mile⢠Close to Victoria Park⢠The 5th Hippest place to live in the UK according to the Times⢠EPC - C
Tenure
Leasehold - 999 year lease from 1st January 2005. Service charge details to follow.
Searches
Please note the Buyer will be liable to pay Auction House upon exchange of contracts £350 (inc. VAT) for the searches contained in the legal pack.
Buyer\‘s Premium
Please note in addition to the Buyer\‘s Admin Fee an additional Buyer\‘s Premium of £600 (£500 + £100 VAT) will be payable on the fall of the gavel/exchange of contracts. A VAT receipt will be issued once the payment has cleared.
Viewing
Wednesdays 12.00 - 12.30pm and Saturdays 12.15 - 12.45pm Viewings commence on Saturday 3rd September
For Sale By Auction
On Thursday 22nd September at 7.00pmAt Ashton Gate Stadium, Winterstoke Road, Bristol BS3 2LQPlease note additional auction fees apply - please refer to the Special Conditions of Sale contained in the legal pack.
Legal Pack
A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other other lots in this auction please visit the website.
Property Features :
- 1 bedroom top floor flat
- Open plan living space
- Ready to occupy
- Ideal for first time buyers and investors
- Situated in the heart of popular Totterdown
Property Info: