Property description

***For sale by auction on 12th March 2015*** ***Guide Price:£55,000 - £70,000***, a ground floor 1 bedroom flat situated in a Victorian conversion. The property is currently let full furnished at £500 PCM offering a fantastic yield for the area.

Situation
The property is situated at the York Road end of Whitehouse Street. It benefits from easy access to Bristol City centre with its range of shopping, business, leisure and cultural facilities together with the A4, A38, M32 and Bristol Temple Meads train station. Local facilities can be found on nearby East Street.

Description
This is a ground floor flat situated in a terrace of three properties. The flat is approached from the side of the building via a communal entrance hall and stairs, shared with two other flats. The property is currently let furnished at £500 PCM giving a gross yield in the region of 10% based on the lower guide. The property offers excellent value for the money for the location.

Accommodation

Communal Entrance
With lobby and stairs leading to upper floors and door to:

Living Room - 4.37m x 3.37m (max)
Double glazed window to front elevation, and corridor leading to:

Kitchen
With range of floor and wall units, built in electric oven and hob, extractor hood and stainless steel sink and drainer, combination gas boiler.

Bedroom - 2.46m (max) x 3.06m (max)
With double glazed window to side elevation and en-suite shower room

Shower Room
With shower tray, WC and wash basin

Possession
The property is sold subject to the existing month AST

Viewings
By appointment with Auction House Bristol and Somerset North

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 Thursday 12th March 2015 at 7pmAt Bristol Pavilion, Gloucestershire County Cricket Ground, Nevil Road, Bristol BS7 9EJ

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 :

• Ground floor 1 bedroom flat
• Central location
• Close to East Street, Bedminster
• Tenanted investment producing £6,060 pa
• Offering high yield