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Residential properties for auction in Rockhampton, Gloucestershire

Create Alert 3 results Sorry, we currently do not have any listings in 0 miles of Rockhampton, Gloucestershire - Please find below the nearest listings available.
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** UNSOLD, PLEASE REFER TO AUCTIONEER **

Situated on the corner of Cotham Gardens and Aberdeen Road this is a larger than average 2 double bedroom garden level flat offering an impressive 101 sqm/1087 sqft of internal space. Now in need of modernisation there is an opportunity to reconfigure the layout into 3 bedrooms subject to the necessary consents. This is an ideal property for first-time buyers or investors.

Tenure
Leasehold

Key Points
• 101 sqm/1087 sqft garden level flat (sizes taken from EPC)
• Private entrance
• 2 double bedrooms plus study
• Large central kitchen and dining hall
• Generous living room
• Large family bathroom with sunken bath & separate shower
• Allocated parking space & communal gardens
• Direct access to patio area
• In need of updating and improving
• Opportunity to reconfigure into 3 beds
• Close to Bristol University and BRI
• Range of local shops, cafes, bars and restaurants on nearby Cotham Hill
• Whiteladies Road and Clifton Triangle a few minutes walk
• Ideal for first-time buyers and investors
• 6 week completion

Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.

Search Pack Fee
£360 inc VAT payable upon the fall of the gavel/exchange of contracts.

Legal Pack
A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.

Do you need finance?
In most cases there is a lender for nearly every property. We work with several independent brokers and lenders who are specialists in funding properties that are sold at auction. Bristol Mortgage Advice Bureau and Together Finance will be available for appointments either in or offices or a location of your choosing in the run up to the auction as well as being there on the night to deal with any last minute enquiries

Need to get the auction pack reviewed?
AH Legals work with a number of solicitors who will review the legal pack for you. Get in touch to find our more.

Energy Efficiency Rating (EPC)
Current Rating D

Local Authority
Bristol City Council

Solicitors
Star legal, 40 High Street, Thornbury, BS35 2AJ, Ref: Sara Part, Tel: 01454 414342

Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Lower Ground Floor Flat, 6, Cotham Gardens, Bristol, BS6 6HD
Substantial 2 bedroom garden flat in need of modernisation with allocated parking
Type: Flat, Residential
Location: Lower Ground Floor Flat, 6 Cotham Gardens, Bristol, BS6 6HD
Images: 12
Brochures: 1
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** THIS PROPERTY IS STILL AVAILABLE - PLEASE REFER TO AUCTIONEER **

Features
Arranged over four floors
Former building society at ground floor
First and second floor offices
Potential net initial yield of 10.75%
Nearby occupiers: Barclays, Joules & HSBC
Planning permission submitted to convert upper floors into residential
Planning reference application: DM/2018/00386
Freehold with vacant possession

Location
This property is located on Agincourt Square, within the heart of Monmouth, Gwent. The property is situated close by to a range of both national and international retailers including; Barclays Bank, Joules and HSBC.

Monmouth is situated approximately 40 miles northeast of Cardiff and 90 miles southwest of Coventry. There is good road access via A449, M4 and M5.

Gwent is a county borough in Wales, bordering the areas of Monmouthshire and Torfaen to the east, Caerphilly to the west and Powys to the north.

Description
• For Sale By Online Auction - TBC
Guide Price: £365,000+
• Vacant freehold Investment Property
• Ground floor retail – no empty business rates payable
• Planning to convert upper floors to residential – planning reference DM/2018/00387
• Potential income of £40,800 pa – 10.75% based on guide price

A terraced property arranged over four floors. The property is entered at ground floor and was previously used as a Building Society. The Building Society includes hardwood counters and is fully alarmed. There is a court yard to the rear, a kitchen and additional storage rooms.

The first and second floors are accessed via the ground floor, by way of separate entrance. The first and second floors are currently set out as offices, however, the vendor has applied for planning permission to convert the upper floors to a three bedroom duplex apartment.

Externally, the property is rendered with wooden sash windows, under a pitched and tiled roof.

Services
We understand the property has mains electricity, water and drainage. However, interested parties should carry out their own investigations.

Tenure
Freehold

Investment Analysis
This property is offered with vacant possession to all four floors. We consider the ground floor retail unit, once let, will achieve a rental income in the region of £2,000 pcm. Assuming the upper floors were to remain as offices, we consider the achievable rental income to be in the region of £1,400 pcm (£40,800 per annum), reflecting a net initial yield in the region of 10.75% based on the guide price.

However, planning permission has been granted to convert the upper floors in to a large three bedroom flat, which we envisage could sell for around £250,000, if renovated to a good standard.

Guide Price
£365,000+

Buyer’s Premium
2% (min. £3,600) inc. VAT.

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16, Agincourt Square, Monmouth, NP25 3DY
Grade II Listed Freehold Property – Vacant Planning to Convert Upper Floors to Residential Ground Floor Retail – No Empty Business...
Type: Offices, General Retail, Mixed Use, Residential, Retail, Other Property Types & Opportunities
Location: 16 Agincourt Square, NP25 3DY
Images: 7
Brochures: 1
View Property
** UNSOLD, PLEASE REFER TO AUCTIONEER **

This is a substantial and imposing Grade II Listed town house arranged as 8 self-contained 1 bedroom flats. The original building is believed to date from the late 18th century with a later 2 storey rear extension making it roughly T shaped. The flats are all approached from the rear with external staircases providing access to the upper floors. With all flats currently let this is a well established high income producing investment with the current rent at circa £40,000 per annum. Most of the tenants have been in in occupation for several years although the flats are now at a point where they would benefit from modernisation and improvement. With potential to increase rents once modernised or to break up an sell as well as further development possibilities the property is sure to be of interest to investors and developers.

Tenure

Freehold

Situation

Coleford is a small market town in the west of the Forest of Dean, close to the Wye Valley. Situated close to the Town Clock the property enjoys ease access to the local shopping and leisure facilities that such a central positions affords.

Accommodation

The property comprises 8 self-contained 1 bedroom flats with potential to turn some of them in to 2 beds. With several of the tenants having been in the property for a number of years this is a well established investment although it would benefit from modernisation. There is a large mostly unused cellar and large rear garden which both offer some development potential subject to the necessary consents.

Possession

The property is sold subject to the existing periodic assured shorthold tenancies. We understand most of the rents are paid weekly with some of the tenants in receipt of housing allowance. The Forest of Dean Local Housing Allowance for 1 beds is £92.05 per week and for 2 beds is £122.36 per week.

Partner Agent

KJT Residential Lydney, 43 Newerne Street, Lydney, Gloucestershire GL15 5RA
E: lydney@kjtoombs.co.uk W: kjtoombs.co.uk/
T: 01594 844444

Viewing
By appointment

Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.

Search Pack Fee

£360 inc VAT payable upon the fall of the gavel/exchange of contracts.

Legal Pack

A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.

Do you need finance?

In most cases there is a lender for nearly every property. We work with several independent brokers and lenders who are specialists in funding properties that are sold at auction. Let us have your details and we will put you in touch with the right people.

Need to get the auction pack reviewed?

AH Legals work with a number of solicitors who will review the legal pack for you. Get in touch to find our more.

Local Authority

Forest of Dean District Council

Solicitors

Pitman Blackstock White Solicitors, 6 Hill Street, Forest of Dean, Gloucestershire, Lydney, GL15 5HE, Ref: Ross White, Tel: 01594842475

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Caragh House, Newland Street, Coleford, GL16 8AH
High yielding investment property producing circa £40,000pa
Type: Residential, Flat, House
Location: Caragh House Newland Street, Coleford, GL16 8AH
Images: 10
Brochures: 1
View Property
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