* Leasehold
* 21 March live online auction
* Spacious 2 - bedroom duplex apartment (approx. 88m2)
* Private rear garden and parking space
* Potential rental income of £1, 200 pcm
* 8 - week completion
Spacious 2 - bedroom duplex with parking and garden
A spacious 2 - bedroom duplex apartment with its own private 40ft rear garden,
situated in a modern block of flats in Bishopsworth overlooking Manor Woods
Valley. This well - presented apartment benefits from two double bedrooms
(master with en - suite) and an allocated parking space within the gated car
park to the front. A superb opportunity for first time buyers and investors.
**For Sale By Auction**
This property is due to feature in our online auction on 21 March 2024 at
6. 00pm. Bidding is via proxy, telephone or online remote bidding.
**Viewings**
By appointment.
**Summary**
Spacious 2 - bedroom duplex with parking and garden
**Description**
A spacious 2 - bedroom duplex apartment with its own private 40ft rear garden,
situated in a modern block of flats in Bishopsworth overlooking Manor Woods
Valley. This well - presented apartment benefits from two double bedrooms
(master with en - suite) and an allocated parking space within the gated car
park to the front. A superb opportunity for first time buyers and investors.
**Location**
The property is situated in a highly convenient location on Bishopsworth Road
overlooking Manor Woods Valley to the rear. Excellent access is provided to
the A38, a range of local amenities, Bedminster Down School and Cheddar Grove
Primary School.
**Accommodation**
Please refer to floorplan for approximate room measurements and internal
layout.
**Flat 3**
The property is accessed via the communal hallway on the lower ground floor.
This floor comprises an entrance hall, two double bedrooms (master with en -
suite) and a bathroom. Stairs lead down to the lower level comprising a large
kitchen/diner and a living room with double doors onto the 40 ft private rear
garden.
**Rental Potential**
We anticipate a current market rent of £1, 200 pcm (£14, 400 per annum).
**Tenure**
The vendor informs us that the property is to be sold on the residue of a 999
year lease from 1st May 2004.
**Ground Rent**
A peppercorn.
**Service Charge**
The vendor informs us that the current service charge is £95 per month. Please
refer to the legal pack for confirmation.
**Completion**
Completion for this lot will be 8 weeks from exchange of contracts or sooner
by mutual agreement.
**Energy Performance Certificate (Epc)**
Rating: B
**Auction Or Bridging Finance Required?**
Do you need a mortgage or loan quickly? Maggs & Allen have specialist
Independent Brokers who can arrange residential and commercial finance on all
types of property. Contact the Auction Team today to be put through to our
mortgage and loan experts on or email
**Buyer's Premium**
Please be advised that all purchasers are subject to a £1, 250 plus VAT (£1, 500
inc VAT) buyer’s premium payable upon exchange of contracts.
***Guide Price**
Guide Prices 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. Each property will be offered
subject to Reserve Price (a figure below which the Auctioneer cannot sell the
property during the auction) which we expect will be set within the Guide
Range or no more than 10% above a single figure Guide.
**Reserve Price**
The seller's minimum acceptable price at auction and the figure below which
the auctioneer cannot sell. The reserve price is not disclosed and remains
confidential between the seller and the auctioneer. Both the guide price and
the reserve price can be subject to change up to and including the day of the
auction.
**Proxy, Telephone & Online Remote Bidding**
The auction will be held online via live video stream with buyers able to bid
via telephone, online or by submitting a proxy bid. You will need to complete
our remote bidding form, which is available to download from our website. The
completed form, id (driving licence or passport and a recent utility bill
stating the home address of the purchaser) and a bank transfer for the
Preliminary Deposit must be received no later than 24 hours before the date of
the auction.
**Preliminary Deposits**
The Preliminary Deposit required for each lot you wish to bid for will be
calculated based upon the Guide Price as follows:
£1, 000 - £50, 000: £2, 000
£51, 000 - £150, 000: £5, 000
£151, 000 and above: £10, 000
If your bid is successful, the balance of the deposit monies and Buyer's
Premium (£1, 500 inc VAT) must be transferred to our client account within 24
hours of the auction sale. If you are unsuccessful at the auction, your
Preliminary Deposit will be returned to you.
**Rental Estimates**
All rental estimates are provided in good faith. They should be verified by
your own professional advisors prior to a commitment to purchase.

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