Hollis Morgan September auction - A Freehold block ( 4479 Sq ft ) of five flats plus a shop with resi consent - High yielding investment or break up opportunity - vacant- scope for £35k + paFor Sale By AuctionLot number 23 Wednesday 26th September 2018 All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY Legal packs will be available for inspection from 18:00
The sale will begin promptly at 19:00Extended CompletionCompletion is set for 8 weeks or earlier subject to mutual consent
You do not need to book an appointment as it is a set viewing – simply arrive at the stated time and a member of the Hollis Morgan Auction team will take your details and show you the property
Please note there are no viewings on Bank Holidays or on the day of the auction
Please visit the Hollis Morgan Website and select the chosen lot from our Current Auction List
There will be a note added to the list to confirm auction pack now complete when no further information is due to be added
The OpportunityInvestment The property is sold with vacant possession but was recently fully let producing £34,200 pa Unit 1 - £600 pcm Unit 2 - £400 pcm Unit 3 - £600 pcm Unit 4 - £600 pcm Unit 5 - £400 pcm Unit 6 – £250 pcm Total - £2850 pcm / £34,200 The properties would now benefit from some basic updating and there is scope to increase the rents once completed
Unit 6 – retail unit Planning has been granted to convert the existing retail unit into a self contained one bedroom flat
Combine units 4 and 5 to create house There is scope ( subject to consents ) to combine units 4 and 5 back into the original 3 / 4 bedroom house with enclosed rear garden
Hollis Morgan September auction - A Freehold block ( 4479 Sq ft ) of five flats plus a shop with resi consent - High yielding investment or break up opportunity - vacant- scope for £35k + paFor Sale By AuctionLot number 23
The properties would now benefit from some basic updating and there is scope to increase the rents once completed
Planning has been granted to convert the existing retail unit into a self contained one bedroom flat
There is scope ( subject to consents ) to combine units 4 and 5 back into the original 3 / 4 bedroom house with enclosed rear garden
