5 Bed Apartment For Sale

For sale by Public Auction on Wednesday 27th March 2024 at Leigh Court, Pill Road, Abbots Leigh, BS8 3RA and online at 7.00pm.



Presenting a semi-detached freehold period property set to go under the hammer, featuring three residential flats across two storeys. The property comprises one studio apartment and two two-bedroom apartments, with two units currently occupied by tenants and the third unit vacant.



The property is due to be sold with the tenants in situ, offering a straightforward buy-to-let investment opportunity with immediate rental income potential. Ideal for investors looking for a great addition to their portfolio, this property caters to various investment strategies. Take advantage of this opportunity to acquire an exciting period property with existing rental income and explore the potential it holds for your investment goals. The current rental income for each flat is as follows; £440.00 pcm for Flat 41, £625.00 pcm for Flat 41a and £700.00 for Flat 41b. The potential income (depending on market conditions at the time of re-let) for each flat is £490.00 - £540.00 for Flat 41, £675.00 - £725.00 for Flat 41a and £750.00 - £800.00 for Flat 41b.



Additionally, there is a rear yard and garaging available as a separate lot in the auction. This setup could provide investors with flexibility in managing the property and potential for additional value.



Auction Details:

* Venue: Leigh Court, Pill Road, Abbots Leigh, Bristol, BS8 3RA (there is plenty of free parking)

* Date: Wednesday 27th March 2024

* Start Time: 7:00pm

* Bidding Options: In room, online, proxy, telephone



*Guides 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 a Reserve (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.



Accommodation



Apartment 41

Ground floor studio apartment.



Entrance

Composite private entrance door into hallway.



Hallway

Electric heater, doors to rooms, ceiling light.



Living Room / Bedroom / Kitchen

UPVC double glazed bay style window to front, a range of wall and floor units with worktops and tiled splashback over, inset stainless steel sink and drainer, four-ring electric hob with oven under and extraction hood over, space for appliance, electric heater, ceiling light.



Bathroom

Wood effect vinyl flooring, low-level WC, wash hand basin and pedestal, panel bath with glass screen and electric shower over, extraction fan, ceiling light.



Apartment 41a

First floor two bedroom apartment.



Entrance

To the side of the property there is a UPVC double glazed private entrance door into hallway.



Hallway

Two useful storage cupboards, one under stairs and one providing space for appliance, radiator, ceiling light.



Stairs rising to the first floor landing.



First Floor Landing

Doors to first floor rooms, ceiling light.



Living Room

UPVC double glazed window, radiator, built-in storage cupboard housing wall mounted gas fired boiler, roof access hatch, ceiling light.



Kitchen

Tile effect vinyl flooring, a range of wall and floor units with worktops and tiled splashbacks over, four-burner gas hob with oven under and extraction hood over, stainless steel sink and drainer, space for appliance, roof access hatch, radiator, UPVC double glazed window, ceiling light.



Shower Room

Tile effect vinyl flooring, low-level WC, enclosed mains fed shower, wash hand basin and pedestal, radiator, UPVC double glazed window, extraction fan, ceiling light.



Bedroom One

UPVC double glazed window, radiator, ceiling light.



Bedroom Two

UPVC double glazed window, radiator, ceiling light.



Apartment 41b

Ground floor two bedroom apartment to the rear of the property.



Entrance

A private entrance door to the rear of the property into kitchen.



Kitchen / Breakfast Room

A range of wall and floor units with worktops and tiled splashback over, four-ring electric hob with oven under and extraction hood over, stainless steel sink and drainer, UPVC double glazed window, radiator, wall mounted gas fired boiler, door to bedroom two, opening to living area, ceiling lights.



Bedroom Two

UPVC double glazed window, radiator, ceiling light.



Living Room

UPVC double glazed window, radiator, door to inner hallway.



Inner Hallway

Doors to bathroom and bedroom, ceiling light.



Bathroom

Low-level WC, panel bath with electric shower, glass screen and tiled splashback, wash hand basin and pedestal, extraction fan, radiator, ceiling light.



Bedroom One

UPVC double glazed door and window, radiator, ceiling light.



Outside



Front

An enclosed front area mostly laid to gravel with pathways leading to side and rear.



Rear

An enclosed garden area to the rear of the property.



Tenure

Freehold.



Services

Mains electric, gas, drainage and water.



Please Note

If you are attending the auction in person there is plenty of free parking at the venue.



The property is to be sold with tenants in situ.



The integrity and structure of the property is 'sold as seen' and in addition there may well be some fixtures, fittings and chattels left at the property which will become the responsibility and ownership of the purchaser upon legal completion of the transaction.