Long-lease flat in the hub of Bristol up for auction

A little TLC could transform this flat into a valuable investment or a first-time buyer’s dream home.

Flat 2, St. Catherines Court, 61–63 Broad Walk in Bristol is to be sold by Auction House South West with a guide price of £60,000-£70,000 (plus fees). This investible one-bedroom, ground-floor apartment will be offered by livestream auction on Tuesday 21^st October.

A home with peace of mind

Based outside the lively hub of Bristol’s city centre, this purpose-built flat could be an ideal first home or buy-to-let investment. The property benefits from a good-sized kitchen and bathroom, and while it needs a little refurbishment and freshening up, it has the potential to become a very comfortable home.

A particular selling point is the flat’s long lease of approximately 990 years. It also has the advantage of nil ground rent, giving buyers valuable peace of mind when it comes to security and ongoing costs.

The flat’s location will raise its stock in the eyes of buyers too. Located just a stone’s throw from the local park, the property is within walking distance of local shops and bus stops, and only a seven-minute drive from Parson Street train station. This makes it incredibly well connected to Bristol’s galleries, music venues and entertainment, as well as to destinations beyond the city’s borders.

Commenting on the property, Regional Manager and Auctioneer Olivia Boulting said: “This appealing apartment has plenty of advantages. Not only is it in an excellent location, but the long lease will give future residents and investors much-needed security. With a little bit of work, this apartment can become a fantastic base for someone to enjoy all of Bristol’s attractions.”

How to join the auction

This property will be auctioned via livestream starting at 2pm on the 21^st October. Those who are interested in bidding need to register in advance on Auction House South West’s website.

Further property details and the legal pack can be found on the lot listing webpage. Alternatively, prospective buyers can arrange a viewing by calling us on 0117 299 9889.