FOR SALE BY LIVE STREAM AUCTION 4th AUGUST 2021 (UNLESS PREVIOUSLY SOLD). GUIDE PRICE £140,000 PLUS. An ideal opportunity for investors and owner occupiers. This purpose built first floor flat originally dates from the 1960's and is one of four similar properties in a two storey block set at the end of a cul de sac in a well regarded residential location.
The accommodation would stand some updating and has the advantage of gas fired central heating and double glazing and offers an open plan living room and kitchen, two good size bedrooms and a bathroom with a modern suite. Externally there is a private enclosed garden.
In fuller detail the accommodation comprises (all measurements are approximate):
Ground Floor - Entrance door to
Lobby Area - Electrics cupboard. Radiator. Staircase rising to
First Floor -
Landing - Double obscure glazed window to side aspect. Radiator. Cupboard with Vailiant gas fired combination boiler.
Living Room - 4.27m to max x 3.17m (14'0" to max x 10'4" ) - Double glazed window to rear aspect. Tiled fireplace. Open to
Kitchen - 3.15m (max) x 1.49m widening to 3.08m (10'4" (max) - Original fittings comprising stainless steel single drainer sink unit, fitted wall and floor units, and peninsula unit. Built in pantry and storage cupboard.
Bedroom One - 4.46m x 3.0m (14'7" x 9'10") - Double glazed window to front aspect, radiator. Built in wardrobe.
Bedroom Two - 3.42m x 3.17m (11'2" x 10'4") - Double glazed window to front aspect, built in wardrobe and bulkhead shelf. Radiator. Access to roof space.
Bathroom - Double obscure glazed window to side aspect. Radiator. White suite with panelled bath and tiled surrounds, pedestal wash hand basin and low level wc.
Outside - On the outside there is a private garden with timber shed and greenhouse situated beyond the garden for the ground floor flat.
Method Of Sale - The property is offered for sale by livestream auction on 4th August 2021 (unless previously sold). The sale will take place in conjunction with Auction House Bristol & West.
Solicitors - Wards Solicitors. 16 High Street, Keynsham, Bristol BS31 1DJ. FAO Matthew Pitt Email: Matthew.Pitt@wards.uk.com
Council Tax - According to the Valuation Office Agency website, cti.voa.gov.uk the present Council Tax Band for the property is A. Please note that change of ownership is a 'relevant transaction' that can lead to the review of the existing council tax banding assessment.
Tenure - We understand the tenure is leasehold for a period of 999 years from the 24th June 1959 subject to a small ground rent.
Auctioneers Note - Please note there is a territorial dog in the flat below. Interested parties should exercise caution when viewing the property. A nearby garage is available as a separate lot.
Auction Information - The Catalogue Details of the property and land to be sold are set out in our catalogue. All lots are sold subject to Special Conditions of Sale. It is important that prospective purchasers satisfy themselves as to the location, boundaries, condition and state of the lots before the auction.
Plans, Maps and Photographs The plans, maps and photographs published on our website and in the catalogue are to aid identification of the property only. The plans are not to scale.
Energy Performance Certificates (EPCs) Where required we include EPC ratings within Full Details and on the lot page within our catalogue. When available EPC Graphs can be viewed online at bristol@auctionhouse.co.uk.
Guide Prices Guide prices quoted online and in the catalogue are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. The sale price will be dependent on bidding in the auction room and on the Vendors' instructions.
Reserve Price Each property will be offered subject to a reserve price which we expect will be set within the guide price range or no more than 10% above a single figure guide. This is a confidential figure set between the Vendor and the Auctioneer just prior to the auction. It is a figure below which the Auctioneer cannot sell the property during the auction. After the auction offers will be sought and considered on Unsold Lots at prices below the reserves.
The Legal Aspect Buying at auction is a contractual commitment. Before making an offer prior to auction or bidding at the auction it is advisable to consult a solicitor regarding the General and Special Conditions of Sale, the local authority search and other legal documentation.
Pre Auction Sales Offers made on property included in this auction catalogue may be accepted by the Vendor prior to the auction. If you are intending to bid at the auction for a specific lot, we recommend that you keep in contact with the Auctioneer's office. The Auctioneers or Vendors cannot beheld responsible for costs incurred in respect of any lot which is withdrawn or sold prior to auction.
Post Auction Sales I f a property you are interested in is not sold during the auction please speak to the Auctioneer and make an offer at, above or below the Guide. Your offer will be put forward to the Vendor and if accepted, you will be able to proceed with your purchase under auction rules.
Attending the Auction It is always wise to allow sufficient time to get to the auction. Legal packs for most of the properties will be available for inspection. It is important you read these and the final addendum/alteration list which will also be available as any purchase will be subject to these.
Bidding Each property will be offered individually by the Auctioneer. Ensure that your bids are clear and noticed by the Auctioneer. If you are successful in bidding for the property you will be approached by a member of Auction House staff who will request your personal information and identification. You will then be guided to the cashiers desk for payment of the deposit.
Bidding by Proxy or Telephone If you are unable to attend the auction you are invited to contact us to discuss special arrangements forbidding by proxy or telephone. A pre auction bidding form and conditions can be downloaded from the 'How to bid at Auction' page located as a menu choice located under the 'Buy' tab above or from our catalogue.
Proof of Identification In order to abide by the money laundering regulations we ask that all prospective purchasers provide proof of identity. Please bring your passport or photographic UK driving licence and a current utility bill, bank statement or council tax bill to the auction. If purchasing on behalf of a company you will also need to present proof of your position within the company and company letterhead. We will carry out AML checks on successful buyers and remote bidders. It will include a search with Experian who may check the details you supply against any particulars on any database (public or otherwise) to which they have access. They may also use your details in the future to assist other companies for verification purposes. A record of the search will be retained.
Solicitors Details The name, address and telephone number of the solicitor who will be acting for you in any purchase will be required before you leave the auction room.
Deposit When you buy a property you will be approached by a member of Auction House staff and asked to go to the cashiers desk to sign the Memorandum of Sale. You will be asked to pay a deposit of 10% of the purchase price subject to a minimum deposit of £3,000. Deposits can only be paid by bankers draft, building society cheque or personal cheque. Cash or card payments will not be accepted. Please note, should the cheque have to be represented, a processing charge of £50.00 + VAT will be charged by deduction from the deposit.
The Contract The Memorandum of Sale will be signed in duplicate. One copy will be given to you, which you must give to your solicitor. The second copy will be retained by the Vendors' solicitor. Completion usually takes place after 28 days but this date can vary. The legal pack of each property will state the completion date due. The date may also be announced immediately prior to the commencement of bidding of each lot.
Administration Charge and Buyers Premium Purchasers will be required to pay by cheque, an administration charge of 0.3% inc of VAT and minimum fee £1200 inc of VAT in addition to the deposit, together with a buyers premium of £600 including VAT. A VAT receipt will be issued after the auction.
Disbursements: Please see the legal pack available at www.auctionhousebristol.co.uk for any disbursements listed that may become payable by the purchaser on completion.
Viewing Due to the nature and condition of auction properties we highlight the potential risk that viewing such properties carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whilst viewing any lot in this catalogue. Viewings are conducted entirely at your own risk, these properties are not owned or controlled by Auction House and we cannot be held liable for loss or injury caused while viewing or accessing any Lot. Due to the nature of some auction properties, electricity may not be turned on therefore viewing times are restricted. Viewers will also have to bring their own lighting/ladders if wanting to inspect cupboards, cellars and roof spaces.
Disclaimer Particulars on the website and within our catalogue are believed to be correct but their accuracy is not guaranteed. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
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