SOLD FOR £146,000 - A one-bedroom first floor apartment in a superb location in Bristol City Centre. The property is offered for sale with vacant possession and would be ideal for those working in the centre of Bristol or as a buy to let investment with a potential rental income of £1,000 pcm (£12,000 pa). The property benefits from a modern fitted kitchen and bathroom and is ready to be let or occupied.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 25 May 2023 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
SOLD FOR £146,000 - ONE-BEDROOM CITY CENTRE APARTMENT
DESCRIPTION -
A one-bedroom first floor apartment in a superb location in Bristol City Centre. The property is offered for sale with vacant possession and would be ideal for those working in the centre of Bristol or as a buy to let investment with a potential rental income of £1,000 pcm (£12,000 pa). The property benefits from a modern fitted kitchen and bathroom and is ready to be let or occupied.
LOCATION -
Bradley House sits in the heart of the old city and provides easy access to all of the shops, bars and restaurants that the city and harbourside have to offer.
ACCOMMODATION -
Please refer to floorplan for approximate room measurements and internal layout.
FLAT 2 -
The apartment is situated on the first floor and is accessible via stairs or lift from the spacious communal lobby. The property comprises of an open-plan kitchen/living room with a range of modern wall and base units and integrated appliances, a double bedroom and a bathroom with white suite.
RENTAL POTENTIAL -
We would anticipate a market rent in the region of £1,000 pcm (£12,000 pa).
TENURE -
The property is for sale on the residue of a 125 year lease from 1st January 2007 (approx. 109 years remaining), subject to an annual ground rent of £250.
SERVICE CHARGE -
We are informed by the vendor that the current service charge is £2,067.51 per annum. Please refer to the online legal pack for confirmation.
COMPLETION -
Completion for this lot will be 6 weeks from exchange of contracts or sooner by mutual agreement.
ENERGY PERFORMANCE CERTIFICATE -
Rating: D
BUYER'S PREMIUM -
Please be advised that all purchasers are subject to a £1,200 plus VAT (£1,440 inc VAT) buyer’s premium payable upon exchange of contracts.
*GUIDE PRICE -
Guide Prices 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 Reserve Price (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.
RESERVE PRICE -
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
PROXY, TELEPHONE & ONLINE REMOTE BIDDING -
The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.
PRELIMINARY DEPOSITS -
The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:
£1,000 - £50,000: £2,000
£51,000 - £150,000: £5,000
£151,000 and above: £10,000
If your bid is successful, the balance of the deposit monies and Buyer's Premium (£1,440 inc VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you.
