Sold

High Street, Bristol, BS16

High Street, Bristol, BS16
  • £110,000

Overview

Property ID: 153682
  • Apartment
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom

Floor Plans

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Description:

Description

ONLINE AUCTION: A conveniently located two bedroom, one bathroom apartment on Staple Hill High Street. CASH BUYERS ONLY – Anticipated Rental Yield 7% plus.

For Sale By Online Auction. Starting Bids £110,000. Terms and Conditions Apply.

Accessed by a set of external steps at the rear of AB Autos this two bedroom apartment is located on Staple Hill High Street.

Entering through the main door, a small porch area leads you to the main living room, with big window and opening to the kitchen, which is in need of modernisation, but currently home to a selection of wall and base hung units, a single sink and drainer and recesses for free standing fridge/freezer, oven & washing machine, a large roof light fills the room with plenty of natural light.

Leading on from the kitchen, the bathroom accommodates a W.C, wash hand basin, bath and shower, another large roof light and the airing cupboard, home to the electric emersion heater.

At the front of the property there is one generous double bedroom, and one large single bedroom, both with big window.

Further along Staple Hill High Street you’ll find a Tesco Metro, bakery and selection of other independent shops. Within 1.5 miles, Kingswood town centre offers a wider shopping experience.

Southmead Hospital can be reached within 7 miles. Motorway access is located within 10.5 miles at Junction 15 of the M5. Stapleton Railway Station is a little over 3 miles away with regular services to Bristol Temple Meads, and within an hour’s drive is the beautiful Cotswolds Area of Outstanding Natural Beauty with an abundance of walking and cycling routes.

Anticipated rental income in the region of £800 – £850pcm (possibly higher with some light renovation work).

NB: Whist the current owner has a mortgage over the property, lending criteria has since become more stringent, so it is unlikely that a new buyer would obtain a mortgage over the property.

Lease: 999years from 1980
Ground Rent: £20pa (approx)
Service Charge: NIL

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as ‘The Auctioneer’. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Property Documents

  • Address High Street, Staple Hill, Bristol
  • City Bristol
  • Zip/Postal Code BS16 5HQ
  • Area Staple Hill

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