A recently converted 3rd floor 1 bedroom flat in a popular central position let at £850 pcm
Situated a stones throw from Bristol's City centre this circa 45 sqm, well presented 1 bedroom flat is ideal for investors. Located on the third floor the property is approached via a lift or stairs and enjoys views from the rear towards St Stephens Church. The building enjoys easy access to the wide range of bars, restaurants and cafes on offer around the centre, on Corn Street and on the Harbourside, whilst there is a wide range of shopping opportunity throughout Broadmead and Cabot Circus. The property is currently let at £850 pcm/ £10,200 per annum representing a gross yield of over 10% based on the guide price.
Entrance hall, open plan living space, large double bedroom and large bathroom.
Please note Bristol City Centre has undergone major redevelopment and there is no longer direct vehicular access St Stephens Street from the centre. Entering Baldwin Street from the centre take the first turning on the left into St Stephens Street. The property is situated on the other side of the cross roads. We recommend parking here or on Clare/Corn Street and continuing on foot.
Tenure and Service Charge
Leasehold - residue of 125 year lease from 2005. Service Charge - £300 pcm and includes electric.
Wednesdays 1.00 - 1.30 pm
For Sale by Auction
On Monday 11th February at 7.00pm At Ashton Gate Stadium, Winterstoke Road, Bristol BS3 2LQ 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.
Search Pack Fee
£360 inc VAT payable upon the fall of the gavel/exchange of contracts.
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 E
Bristol City Council
Anthony Clark & Co, 16A Guildhall Street, Lincoln, LN1 1TT, Ref: Mr T Scott, Tel: 01522 512321
Buyer's Premium - £1200 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.