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1 bedroom flat for sale
Tenanted Flat | Twerton
£140,000
Tenanted Flat | Twerton
£140,000
Our Summary
- Hollis Morgan – MARCH LIVE ONLINE AUCTION – A Leasehold 1 BED FIRST FLOOR FLAT ( 420 Sq Ft ) with PARKING | Let on ASTFor Sale By Live Online Auction - ADDRESS | 21 Oriel Buildings, Twerton Farm Close, Twerton, Bath, BA2 1BL Lot Number TBCThe Live Online Auction is on Wednesday 12th March 2025 @ 17:30Registration Deadline is on Monday 10th March 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer
- Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”The Property - Oriels Buildings is an imposing corner property comprising residential apartments with parking just outside the City Centre in popular Twerton
- Tenure - Leasehold Management Fees - TBC Council Tax - Band BEPC - EUtilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal PackThe Opportunity - LEASEHOLD FLAT | TENANTED The property has been a successful rental investment for many years and is now offered subject to the existing periodic AST tenancy with scope for some basic cosmetic updating to suit both owner occupiers and landlords
- The property is in need of refurbishment and our figures are based on the work being completed
Description
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Here is a summary of the property description in a single paragraph:
A 1-bedroom, 420 sq ft leasehold flat on the first floor of Oriels Buildings in Twerton, Bath, is being sold by live online auction on March 12th, 2025. The property has been let on an AST tenancy for many years and is currently generating £840 per month, with a potential rental income of £975-£1,100 per month after refurbishment. The flat has an open-plan kitchen/diner/living space, bedroom, and bathroom, with an allocated off-street parking space to the rear. The property is located in a convenient area, just 1.6 miles from Bath city center, with local shops, schools, and amenities nearby. The auction will be streamed live online, and bidders can register and participate in the auction by telephone, proxy, or computer.