Exceptional Investment Opportunity in Brislington!
Located in the sought-after Brislington area, this well-maintained terraced property on Sandhurst Road is a fantastic opportunity for investors and developers alike. Currently arranged as two self-contained one-bedroom flats, this property offers a potential rental income of approximately £28,800 per annum or the option to sell the units separately with a combined break-up value of around £470,000.
Positioned in a prime location, residents will enjoy easy access to local amenities, scenic green spaces, and excellent transport links to Bristol city centre. Whether you're looking to expand your portfolio or explore development potential, this is an unmissable chance to secure a high-yielding asset in a thriving area.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 20 March 2025 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
ATTRACTIVE TERRACED PROPERTY - 2 x 1-BEDROOM FLATS
DESCRIPTION -
Situated in the popular Brislington area, this attractive and well kept terraced property on Sandhurst Road is arranged as two, self-contained one bedroom flats. The property presents a superb investment opportunity with a potential rental income in the region of £28,800 PA, or the flats could be sold off separately with a combined break-up value in the region of £470,000. An Ideal opportunity for investors and developers in a desirable location, well-positioned for easy access to local amenities, green spaces, and excellent transport links to Bristol city centre.
LOCATION -
Situated in the heart of Brislington, Sandhurst Road offers the perfect balance of city access and community charm. Just moments from the vibrant Sandy Park Road, residents enjoy a range of independent cafés, shops, and restaurants, creating a lively neighbourhood atmosphere. The nearby Nightingale Valley and Arnos Vale Park provide beautiful green spaces for walking and relaxation. Excellent transport links, including the A4 Bath Road and regular bus services, offer quick access to Bristol city centre, while Temple Meads station is just a short drive away, connecting you to London and beyond.
ACCOMMODATION -
FLAT 1 (GFF): Entrance Hall, Living Room, Kitchen, Bedroom and Bathroom with a large private rear garden.
FLAT 2 (FFF): Kitchen/Living Room, Bedroom and Bathroom.
Please refer to floorplan for approximate room measurements and internal layout.
RENTAL DETAILS / BREAK-UP VALUES -
Each flat is currently let on an AST at £900 PCM (Flat 1 has been served with a rent increase notice to £1,000 PCM). Following some minor updating, we would anticipate the following rental and resale values for each flat:
FLAT 1: £1,250 PCM / £250,000
FLAT 2: £1,150 PCM / £220,000
TOTAL: £28,800 PA / £470,000
TENURE -
The property is for sale on a freehold basis, subject to the existing ASTs. We understand leasehold titles have also been created for each flat.
COMPLETION -
Completion for this lot will be 6 weeks from exchange of contracts or sooner by mutual agreement.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Ratings: Flats 1 & 2 - C
LETTING - WHAT CAN MAGGS & ALLEN ACHIEVE FOR YOU? -
Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on 0117 9499000 or email lettings@maggsandallen.co.uk.
AUCTION OR BRIDGING FINANCE REQUIRED? -
Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on 0117 9734940 or email admin@maggsandallen.co.uk
BUYER'S PREMIUM -
Please be advised that all purchasers are subject to a £1,500 plus VAT (£1,800 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 - £150,000: £5,000
£151,000 and above: £10,000
If you bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 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 within 5 working days.
RENTAL ESTIMATES -
All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.
