Flat 2, 25 Combe Park, Lower Weston, BA1 3NR
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 @ FEBUARY LIVE ONLINE AUCTION *** GUIDE PRICE £120,000 +++ SOLD @ £147,000 ADDRESS | Flat 2, 25 Combe Park, Bath, BA1 3NR Lot Number 30 The Live Online Auction is on Wednesday 12th February 2025 @ 17:30 Registration Deadline is on Monday 10th February 2025 @ 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” On this occasion the vendors will NOT be considering pre auction offers. A Leasehold studio flat ( 375 Sq Ft ) occupying the rear section of the hall floor of this imposing semi detached period property which has been converted into 5 self contained residential flats. Sold with vacant possession. Tenure - Leasehold ( new 999 year lease ) Management Fees - The expected current monthly charge during the financial year 1st April 2024 – 31st March 2025 is £179.10 Parking - 3 parking spaces to the rear on a first come first served basis ( 5 Flats ) Front Garden - Communal Council Tax - Band A EPC - D Utilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal Pack Tenure - Council Tax - Band A EPC - E Utilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal Pack FLAT | BASIC UPDATING The flat has been let for many years and now requires basic updating but has scope for a fine home or investment in this incredibly sought after central location. Please refer to independent rental appraisal SCOPE FOR 1 BED FLAT There is potential to rearrange the layout for an open plan Kitchen Diner in the reception and them move the bedroom to the kitchen. Subject to gaining the necessary consents. COMBINE FLATS 1 AND 2 Interested parties should note Flat 1 ( hall floor front studio ) is also for sale in the same auction. What rent could be achieved? Aspire To Move have extensively reviewed the property and similar listings in the area. The property is in need of refurbishment and our figures are based on the work being completed. With our knowledge of the local market, and considering the current market conditions we would estimate the property could achieve a rental figure in the region of: £850-925 PCM. If you would like to discuss this in more detail, then please do not hesitate to contact me on 01225 444333 or email me at [email protected]. Adam Crawford Penningtons Manches Cooper t: 01256 407165 [email protected] https://www.penningtonslaw.com/ EXTENDED COMPLETION Completion is set for 6 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.
