138 Bedminster Down Road, Bedminster, BS13 7AF
Hollis MorganHollis Morgan is a leading independent property auctioneer and estate agent based in Bristol. They specialise in residential and commercial sales, land, and development opportunities, holding regular property auctions with a strong track record of success across the South West.
Read more Read more*** SOLD @ DECEMBER LIVE ONLINE AUCTION *** GUIDE PRICE £300,000 +++ SOLD @ £305,000 ADDRESS | 138 Bedminster Down, Bedminster, Bristol BS13 7AF Lot Number 40 The Live Online Auction is on Wednesday 11th December 2024 @ 17:30 Registration Deadline is on Monday 9th December 2024 @ 16:00 The 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” A Freehold modern detached family home occupying a double width elevated plot with outstanding views over Bristol from the rear elevation. The property has accommodation ( 1720 Sq Ft) over two floors ( plus a small basement ) providing 3 reception rooms and 3 bedrooms with terraced garden to the rear and parking to the side. Sold subject to existing tenancy. Tenure - Freehold Council Tax - D EPC - E Utilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal Pack DETACHED HOUSE | BASIC UPDATING | DOUBLE WIDTH PLOT The property has been let for a number of years and would now benefit from some basic updating. The property occupies a double width plot which may have further development potential to either extend the existing property or for a second dwelling. Subject to gaining the necessary consents. RESIDENTIAL INVESTMENT | SOLD SUBJECT TO EXISTING TENANCY The property is currently let on an AST producing £1600 pcm | £19,200 pa The tenancy agreement is 6 months commencing on 13th May 2024 and thereafter shall continue as a monthly contractual periodic tenancy on the same terms and conditions until terminated by either party. We understand there is scope to increase the income - please refer to independent rental appraisal. What rent can we achieve for you? The Bristol Residential Letting Co. are confident this property would make a good rental investment if brought to a standard suitable for the professional rental market. Danny Dean of The Bristol Residential Letting Co suggests a rent in the region of; 138, Bedminster Down Road – £1600pcm - £1700pcm If you would like to discuss more detail on the potential for rental, you can call me on 07738766640 or email (danny@bristolreslet.com) for a no obligation discussion. I am always happy to advise investors on maximising their investment. Rebekah Hill VWV Solicitors t: 0117 9252020 rhill@vwv.co.uk www.vwv.co.uk EXTENDED COMPLETION Completion is set for 8 weeks or earlier subject to mutual consent. We have been informed by our client’s solicitors that the legal pack for this lot is now complete. Should any last minute addendums occur you will be automatically notified by email. If the vendors have indicated they are willing to consider pre-auction offers, now is the time to submit your offer by completing the pre-auction offer form.
