Offers over
£280,000
2 bed flat for saleColston Street, St. Michaels, Bristol BS1
2 beds
1 bath
1 reception
EPC Rating: D
- Chain free
- Auction
- Leasehold
Chappell & Matthews - Bristol Harbourside Sales
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About this property
Two Bedrooms
Central Location
Opposite Bristol Royal Infirmary
Period Conversion
Private Roof Terrace
No Onward Chain
Open Plan Reception
First Floor
Charming Two-Bedroom Apartment in the Heart of Bristol City Centre with large roof terrace and onward chain.
Discover urban living at its best with this first-floor apartment, ideally situated on the bustling Colston Street, directly opposite the Bristol Royal Infirmary. This vibrant location is renowned for its eclectic mix of cafes, restaurants, and independent shops, offering residents a truly metropolitan lifestyle.
While the property stands ready for modernisation, it boasts an impressive array of features. The open-plan sitting, kitchen, and dining area is perfect for contemporary living, featuring French doors that lead out to a large south-facing terrace. This outdoor space is a real gem, offering city views and an ideal spot for entertaining guests or enjoying a quiet moment of relaxation.
The apartment’s master bedroom is flooded with natural light through its charming period arched windows, providing views over Park Row. The second bedroom maximises space with its clever use of the high ceilings accommodating a mezzanine level.
Last but not least the conveniently located bathroom in the hallway offers a practical three-piece suite, consisting of a WC, wash basin, and a bath with an overhead shower.
Additional benefits include shared cellar storage, perfect for storing seasonal items or personal belongings, and a bin storage.
With the property being offered to the market with no onward chain It presents an excellent opportunity for those seeking a vibrant city lifestyle but also investors looking for a solid buy-to-let option. The property boasts a potential yield of 7%, making it a wise investment choice with consistent occupancy rates and high levels of demand.
For further details or to arrange a viewing, please contact Chappell and Matthews Estate Agents. Don’t miss out on the opportunity to own or invest in a slice of Bristol’s thriving city centre.
Agents Note-
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.50% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
More information
Tenure
Leasehold (975 years)
Service charge
£600 per year
Council tax band
B
Ground rent
£300
Ground rent date of next review