For Sale By Auction | 19:00, 11 February 2019 | Lot 12

Flat 2 Branton House, 21 Montpelier, Weston-Super-Mare, North Somerset, BS23 2RJ

Sold £81,500

  • Flat
  • 2 Bedrooms
  • Tenure: Leasehold

Call the team on 0117 946 4949 for more information

Auction Date

Mon 11/02/2019

Auction Time

19:00

Auction Venue

Ashton Gate Stadium Winterstoke Road, Bristol, BS3 2LQ

A large 2 bedroom ground floor flat with parking ideal for investors

This is a substantial 2 bedroom flat situated to the rear of the main building in a single storey rear extension. At 64 sqm the accommodation offers a lounge, separate kitchen/diner, 2 double bedrooms and a family bathroom. Outside there is ample off street parking. The layout lends its self to be reconfigured to provide 3 bedrooms subject to the necessary consents. The property is within walking distance of the town centre and sea front where all amenities can be found.

Tenure

Leasehold

Rental Potential

We have been advised that the property is likely to rent for £650 pcm once refurbished to a modern standard, giving a potential gross annual yield in the region of 10%.

Agents Note

This is suitable for cash buyers only. There is no management company currently in place. The solicitors and LPA receivers will pay the building insurance on the flat and the purchaser will need to become part of the management company upon completion.

Completion

14 days from the date of the auction

Viewings

Viewings by appointment with West Coast Properties Tel: 01934 414128

For Sale by Auction

on Monday 11th February at 7.00 pm Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.

Legal Pack

A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.

Do you need finance?

In most cases there is a lender for nearly every property. We work with several independent brokers and lenders who are specialists in funding properties that are sold at auction. Bristol Mortgage Advice Bureau and Together Finance will be available for appointments either in or offices or a location of your choosing in the run up to the auction as well as being there on the night to deal with any last minute enquiries

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

North Somerset District Council

Solicitors

Walker Morris LLP, Kings Court, 12 King Street, Leeds, LS1 2HL, Tel: 0113 283 2505

Additional Fees

Buyer's Premium - £1140 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.