STUDIO | PARKING | BS8, Flat - 32472285

*** SOLD @ SEPTEMBER ONLINE AUCTION *** GUIDE PRICE £100,000 +++ SOLD @ £140,000 ADDRESS | Flat 11 Dawes Court, Cumberland Place, Hotwells, Bristol, BS8 4LZ Lot Number 22 The Live Online Auction is on Wednesday 13th September 2023 @ 17:30 Registration Deadline is on Monday 11th September 2023 @ 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” VIEWINGS Viewings can be booked on specific days for this property – please submit a viewing request online and we will contact you to arrange access. Hollis Morgan would be grateful if you could arrive promptly to inspect the properties at the START of the agreed time as we have scheduled viewings throughout the day and CANNOT wait for late arrivals. There are likely to be viewings on the property before and after your appointment and if you miss your slot (usually 15 minutes or longer for larger properties) you will be asked to wait until the next available time. EXTENDED COMPLETION Completion is set for 8 weeks or earlier subject to mutual consent. ONLINE LEGAL PACKS Digital Copies of the Online legal pack can be downloaded Free of Charge. Please visit the Hollis Morgan Website and select the chosen lot from our Current Auction List. Press the GREEN button to "Download Legal Packs" For the first visit you will be required to register simply with your email and a password. Having set up your account you can download legal packs or if they are not yet available, they will automatically be sent to you when we receive them. You will be automatically updated by email if any new information is added. There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when no further information is due to be added. *** STAY UPDATED *** By registering for the legal pack we can ensure you are kept updated on any changes to this Lot in the build up to the sale. EPC For full details of the EPC please refer to the online legal pack. PRE AUCTION OFFERS On this occasion the vendors have confirmed they will not be considering pre auction offers. A Leasehold studio flat ( 275 Sq Ft ) on the top floor of this popular purpose built block with allocated parking space and communal gardens. The lease commenced on 01 April 1984 for a period of 120 years. Service Charge | Management fees are currently £933.50 pa and the Ground Rent is £89 pa. Sold with vacant possession. 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. STUDIO FLAT | BASIC UPDATING The flat has been let for many years and would now benefit from basic updating but has scope for an excellent investment or home in this sought after location with allocated parking space and communal gardens. We understand there is scope ( once renovated ) to achieve rental income in the region of £950 pcm | £11,400 pa CASH BUYERS ONLY Please note the lease has only 81 years remaining which may impact your ability to obtain finance / mortgage against the property. Please contact your broker. EXTEND LEASE Other flats in the development have extended their lease. The vendors have not investigated this and interested parties must make their own investigations. Freeholder details will be included in the completed legal pack. We understand that a lease extension can be sought once new ownership has been established for a required period. Stephen Parker Barcan & Kirby t: 01179059766 s.parker@barcankirby.co.uk https://barcankirby.co.uk/ Tenure - Leasehold Council Tax - A EPC - C