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2 bedroom flat for sale
2 Bed | 2 Bath | Cash Buyers Only | Shirehampton
£160,000
2 Bed | 2 Bath | Cash Buyers Only | Shirehampton
£160,000
Our Summary
- Hollis Morgan – DECEMBER LIVE ONLINE AUCTION - A Leasehold 2 BED | 2 BATH PURPOSE BUILT FLAT ( 560 Sq Ft ) with PARKING | CASH BUYERS ONLYFor Sale By Live Online Auction - ADDRESS | 12, Valerian Close, Shirehampton Bristol, BS11 9UELot Number TBCThe Live Online Auction is on Wednesday 11th December 2024 @ 17:30Registration Deadline is on Monday 9th December 2024 @ 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 - A Leasehold 2 bedroom, 2 bathroom flat on the first floor of this purpose built block with open plan living space and allocated off street parking
- Tenure - Leasehold - 988 years remaining Ground rent - £300 per annum (this is reviewed every 5 years)Management charge - £120 per monthCouncil Tax - B (Bristol City)EPC - BUtilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal PackThe Opportunity - PURPOSE BUILT FLATA bright and airy purpose built 2 bed, 2 bath flat ( 560 Sq Ft ) with parking - scope for home or investment
- Please refer to independent rental appraisal, REDUCED PRICE | AUCTIONThe property was previously listed with respected local agents for £210,000 and is now offered at a reduced guide price for sale by auction CASH BUYERS ONLY | 5 YEAR GROUND RENT REVIEWWe understand a previous sale with local estate agents has fallen through due to issues with property the lease
Description
A leasehold 2-bedroom, 2-bathroom flat with parking is being sold by live online auction on December 11th, 2024. The property, located at 12 Valerian Close, Shirehampton, Bristol, is a purpose-built flat on the first floor with an open-plan living space and allocated off-street parking. The flat has a lease of 988 years remaining, with a ground rent of £300 per annum reviewed every 5 years, and a management charge of £120 per month. The property is being sold with vacant possession and has a reduced guide price, previously listed for £210,000. The auction is open to cash buyers only, and interested parties can register to bid online, by telephone, or proxy. The property is suitable for both home and investment, with a bright and airy interior and a scope for renovation. However, it's important to note that the property's lease and ground rent review period may affect the ability to obtain a mortgage.