- Quick completion +
- No onward chain +
- Victorian property +
- Lucrative investment opportunity +
- Attractive yield +
- HMO licenced +
- Six bedrooms +
- Large room sizes +
- Well-maintained +
- Low maintenance front and rear gardens +
SIX BEDROOMSQUICK COMPLETION**
Located on the highly desirable Lodore Road and offered with no onward chain, this spacious six bedroom Victorian property presents a lucrative investment opportunity. Currently tenanted and generating an attractive yield of over 9%, the property benefits from a HMO licence for six bedrooms.
Well-maintained throughout and arranged over three floors, the spacious accommodation comprises of an entrance hall, living room, kitchen, downstairs toilet and a bedroom. On the first floor are three good sized bedrooms and a bathroom. On the top floor are two more good sized bedrooms and storage space. The property further benefits from low maintenance front and rear gardens.
Situated on a prime and highly sought after location, the quiet position is also conveniently within walking distance of Fishponds High Street, which provides a range of local amenities including shops, supermarkets and eateries, as well as local bus routes which provide quick and easy access to Bristol City Centre via the nearby M32. An ideal location for investment, many major employers including the UWE and MOD are easily accessible.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (Iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.