Property description

*** For sale by auction on 12th March 2015*** ***Guide Price £55,000 - £65,000*** A ground floor 1 bedroom flat in a Victorian conversion. The property is currently let £495 pcm. It is situated at the Stapleton Road end of Walton Street and benefits from easy access to the local shopping facilities.

Situation
The property is situated at the Stapleton Road end of Walton Street, benefiting from easy access to the local shopping facilities on offer. There are excellent public transport links available together with easy access to the M32.

Description
This is a one bedroom flat occupying the ground floor of a Victorian mid-terrace property. The accommodation offers separate lounge and kitchen, one double bedroom and shower room. The property is currently let under an expired AST from September 2011 at £495 PCM producing a gross yield in excess of 10% based on the lower end of the guide price.

Accommodation

Entrance Lobby
With doors to living room and kitchen

Living Room - 3.22m x 2.87m (max)
With double glazed window to rear elevation and door to bedroom

Kitchen - 2.26m x 1.52m
With range of floor and wall units, built-in oven and hob, stainless steel sink and drainer, spaces for fridge and washing machine, double glazed window to rear.

Bedroom - L Shaped 4.72m (max) x 2.42m (max)
With double glazed window to front elevation, built in wardrobe and door to:

Shower Room
With shower cubicle, WC and wash basin.

Possession
The property is sold subject to an expired AST agreement from 19th September 2011 at £495 PCM

Buyers Premium
Please note in addition to the Buyers Admin Fee there is a Buyers Premium of £500 + VAT payable upon the fall of the gavel/exchange of contracts

Viewings
By appointment with Auction House Bristol and Somerset North

For sale by auction (unless previously sold)
On Thursday 12th February 2015 at 7pmAt Bristol Pavilion, Gloucestershire County Cricket Ground, Nevil Road, Bristol BS7 9EJ

Legal Pack
The full auction legal pack can be downloaded from www.auctionhouse.uk.net/bristolandsomersetnorth once available. For regular updated and details on the other properties in the auction please visit the website.

Property Features :

• Ground floor 1 bed flat
• High yielding tenanted investment
• Converted circa 2008
• Easy access to City Centre
• Close to local shops