>
1 bedroom flat for sale
1 Bed Flat Close To Cabot Circus
£115,000
1 Bed Flat Close To Cabot Circus
£115,000
Our Summary
- Hollis Morgan – DECEMBER LIVE ONLINE AUCTION – A Leasehold GROUND FLOOR 1 BED FLAT ( 389 Sq Ft ) in this CENTRAL PURPOSE BUILT BLOCK just moments from Cabot Circus
- For Sale By Live Online Auction - ADDRESS | Flat 3, Balloon Court, 18 Cave Street St Pauls, Bristol, BS2 8AG Lot Number 34*** PLEASE NOTE NEW AUCTION START TIME - NOW 12:00 ***The Live Online Auction is on Wednesday 10th December 2025 @ 12:00 NoonRegistration Deadline is on Friday 5th December 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can choose 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”Guide Price Range - The vendors have issued a guide price range of £115,000 - £145,000 for this lot
- Please refer to legal pack for copy of ASTPlease refer to independent rental appraisal as scope to increase rent
- Danny Dean of The Bristol Residential Letting Co suggests a rent in the region of;Flat 3, Balloon Court – £1000pcm - £1100pcmIf you would like to discuss more detail on the potential for rental, you can call me on or email ( ) for a no obligation discussion
- DECEMBER LIVE ONLINE AUCTION
- FOR SALE BY ONLINE AUCTION
- LET ON AST | SCOPE TO INCREASE RENT
Description
This is a leasehold ground floor one-bedroom flat located in a central purpose-built block, just moments from Cabot Circus in Bristol. The property is 389 square feet in size and is currently let to professional tenants paying £650 per month on an AST contract. The flat is in good decorative order and has a guide price range of £115,000 to £145,000. The property is part of a block that has undergone recent works, including external and internal works, and has a lease length of 999 years from 2006. The annual service charge is £1,670.62, which equates to £139.20 per month, and there is also a contribution to the reserve fund of £770, which is collected annually. The property is an opportunity for residential investment, with potential to increase the rent, and is located in a popular area with easy access to local amenities and attractions.