Property description

***For sale by auction on 29th January 2015*** ***Guide Price: £60,000 - £70,000*** A ground floor 1 bedroom garden flat, forming part of a period conversion. The property is situated in the section of Stapleton Road between the M32 Eastville roundabout and the Fishponds Road/Stapleton Road traffic lights. The property has recently been redecorated and is offered for sale fully furnished and subject to a new tenancy producing £530 PCM, representing a gross yield in the region of 10%.

Situation
The property is situated in the heart of Eastville offering easy access to the city centre, Eastgate Retail Park, Eastville Park and the M32. The property is situated in the area of Stapleton Road between the M32 Eastville roundabout and the traffic lights on the junction with Fishponds Road.

Description
This is a ground floor rear 1 bedroom flat with the benefit of an enclosed rear garden. The property has recently been redecorated and and is sold as a furnished tenanted investment. The property is currently let at £530 PCM offering a significant rental yield.

Accommodation

Hallway
Doors to accommodation and space for wardrobes/storage

Kitchen/Living Room - 3.14m x 4.19m (max)
Comprises kitchen with range of appliances, double doors to garden and open fireplace

Bedroom - 3.35m x 2.28m (max)
Window to side elevation and door to:

Shower Room
With shower cubicle, wash basin, WC, and window to side elevation.

Outside
To the rear of the property is a good sized hard landscaped low maintenance garden, enclosed on all sides by a wall. There is a gate leading to Bourne Lane.

Possession
The property is sold subject to an existing AST agreement from 24th November 2014 to 23rd May 2015, let at £530 PCM

Viewings
Open House on Tuesdays 12.00 - 12.30 and Saturday 17th January 12.00 - 12.30

Buyer's Premium
Please note that in addition to the Buyer's Admin Fee an additional Buyer's Premium of £500 + VAT is payable.

For sale by auction (unless previously sold)
On Wednesday 17th December 2014 at 7pmAt Bristol Pavilion, Gloucestershire County Cricket Ground, Nevil Road, Bristol BS7 9EJNext auction is on 29th January.

Legal Pack
A full auction legal pack can be downloaded from www.auctionhouse.uk.net/bristolandsomersetnorth once available. For further information on the other other lots in this auction please visit the website.

Property Features :

• 1 bed garden flat
• Recently decorated
• Let at £530 PCM
• Represents circa 10% gross yield
• Central location