9 bedroom property
£250,000
West Street, Banwell BS29
Our summary
  • For sale by public auction
  • Plus shop with resi consent
  • 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