Property Description
Data accuracy has been checked and verified for this property.
Our analysis
Welcome to Flat 4 60 Cotham Road, Bristol, a cozy and compact flat type home with 1 bed in the BS6 6DW area. This lovely residence, which comes with a leasehold tenure, and sits comfortably in tax band .
This classic property was built before 1900 and has a reported internal area of 27 internal square metres
The local area is known for its high value-to-quality ratio -
with a market valuation of £156,000 and a rental potential of £1,014 per month,
,
it represents not just a residence but a worthwhile investment in a sought-after area.
You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.
Additional analysis
In addition to our own current description, this property has received a tailor-made description dated to Jan 5, 2016. It's possible the property has changed since then,
but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.
"Hollis Morgan FEBRUARY AUCTION LOT NUMBER 12 - A third floor STUDIO apartment ( 282 Sq Ft ) with far reaching VIEWS - now requires MODERNISATION.
FOR SALE BY AUCTION GUIDE PRICE ?95K
SOLD @ AUCTION ?120K
LOT NUMBER 12
Wednesday 24th February
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal packs will be available for inspection from 18:00.
The sale will begin promptly at 19:00 VIEWINGS First Viewing Dates:
Thursday 14th January @ 12:15 pm
Saturday 16th January @ 14:45 pm
Saturday 23rd January @ 12:15
Weekly Set Viewing (starting from week commencing 18th January)
Every Tuesday @ 14:45
The property is OPEN FOR 30 MINUTES but please leave a minimum of 15 minutes to inspect the property.
Hollis Morgan would be grateful if you could arrive promptly to inspect the properties at the START of the specified times as we have scheduled viewings throughout the day and CANNOT wait for late arrivals.
You do not need to book an appointment as it is a set viewing ? simply arrive at the stated time and a member of the Hollis Morgan Auction team will take your details and show you the property.
Please note there are no viewings on Bank Holidays or on the day of the auction. SOLICITORS Janet Hartnoll
Property Lawyer
Bristol City Council
Legal Department
City Hall, College Green, Bristol BS1 5TR
Tel: 0117 92 22325
janet.hartnoll@bristol.gov.uk ONLINE LEGAL PACKS Please visit the Hollis Morgan Website and select the chosen lot from our Current Auction List.
Legal Packs are free to download from Hollis Morgan.
Follow the RED link to 'Download Legal Packs' For the first visit you will be required to register simply with your email and a password.
Having set up your account you can download legal packs or register to receive them if not yet available.
You will be automatically be updated if any new information is added. BRISTOL CITY COUNCIL This lot is offered on behalf of Bristol City Council. PRE AUCTION OFFERS Bristol City Council will not accept any pre auction offers on this Lot. THE PROPERTY Occupying the third floor of this imposing terraced period property is a studio flat ( 282 Sq Ft ) with far reaching views to the rear.
Communal garden at front of property.
Leasehold - residue of 999 years. LOCATION Cotham road is located on the Redland Cotham borders with excellent access to both the University of Bristol and the Bristol Royal Infirmary. The property is ideally suited for access to Whiteladies Road (0.5 miles), Gloucester road (0.75 miles) and the city Centre (1 Mile) whilst Redland Green train station is located with a quarter mile plus local shops to be found in Kingsdown within a few hundred yards. THE OPPORTUNITY The property now requires complete updating but has the potential for a fine home or excellent investment in this highly sought after area of the City. RESALE VALUES Please contact Calum Melhuish, Residential Sales Manager, to discuss the value of this property ? calum@hollismorgan.co.uk
Calum Says; ? The market in Cotham is always popular due to a wide source of potential buyers and tenants from the BRI, Bristol University and local professionals - I would suggest that once refurbished to a high standard the resale values is in excess of ?140,000? RENTAL APPRAISAL Currently laid out as a studio flat. If modernised it would rent for ?700. However you could reconfigure and move kitchen into lounge and create a bedroom where kitchen is using one of the Windows from the bathroom. If modernised to a good standard you could achieve rental income of circa ?825 PCM.
For further information email info@clifton-rentals.co.uk EPC For full details of the EPC please refer to the online legal pack. BUYER'S PREMIUM Please be aware all purchasers are subject to a ?750 + VAT buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date. GUIDE PRICE An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction. 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. AUCTION BUYERS GUIDE VIDEO We have short video guides for both buying and selling by Public Auction on the Hollis Morgan Website. If you have any further questions regarding the process please don?t hesitate to contact Auction HQ. CHARITY OF THE YEAR Hollis Morgan are supporting Home Start Bristol as our 2016 Charity of the year. We are delighted to announce that 10% of every buyer?s premium will be donated to this excellent local charity ? Home-Start Bristol provides a unique kind of help which has a profound impact on struggling families with young children, 98% of those who finished a period of support reported that their wellbeing had increased. If you would like to find out more about Home-Start Bristol and how you can support us please visit our website www.homestartbristol.org.uk TESTIMONIALS We are very proud of what our past clients have say about us - please visit the Hollis Morgan website to read their testimonials."
