End terrace house for sale in Hayes Close, St Philips, Bristol BS2

30 Hayes Close is a three-bedroom end-terrace house situated in St. Philips which has been rented out in recent years as a licenced HMO and is now offered for sale with vacant possession upon completion. The property boast three double bedroom and a large living room as well as a single lock-up garage with electric. The property requires updating throughout however would appeal to any investor looking to add value by refurbishment or for the continued use as a HMO (subject to consents). Once refurbished and let as a four bedroom HMO, we would anticipate a rental income in the region of £25,200 per annum. Additionally, it would appeal to any private buyers looking for a project in a central and convent location.

For Sale By Auction

This property is due to feature in our online auction on 19 September 2024 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

Viewings

By appointment.

Summary

Vacant three-bedroom house in need of updating with A garage - currently arranged as licenced four-bedroom HMO

Description

30 Hayes Close is a three-bedroom end-terrace house situated in St. Philips which has been rented out in recent years as a licenced HMO and is now offered for sale with vacant possession upon completion. The property boast three double bedroom and a large living room as well as a single lock-up garage with electric. The property requires updating throughout however would appeal to any investor looking to add value by refurbishment or for the continued use as a HMO (subject to consents). Once refurbished and let as a HMO, we would anticipate a rental income in the region of £25,200 per annum. Additionally, it would appeal to any private buyers looking for a project in a central and convent location.

Location

Hayes Close is situated in a convent location in St. Philips with in walking distance to a range of local amenities on West street and Old Market Street, and also larger retail stores in Cabot Circus. There is also easy access to the M32 via Easton way.

Accommodation

Please refer to floorplan for approximate room measurements and internal layout.

Ground Floor

The ground floor comprises of entrance porch, hall way, kitchen, living room and storage cupboards.

First Floor

Comprising three double bedrooms and bathroom.

Outside

To the front of the property there is a gated low maintenance courtyard and a single lock-up garage and to the rear there is a small fenced garden.

Completion

Completion for this lot will be 8-weeks from exchange of contracts or sooner by mutual agreement.

Energy Performance Certificate (Epc)

Rating: E

Tenure

Understood to be freehold, please refer to the legal pack for details.

Letting - What Can Maggs & Allen Achieve For You?

Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on or email .

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 £1,500 plus VAT (£1,800 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 - £150,000: £5,000
£151,000 and above: £10,000

If you bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 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 within 5 working days.

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.