House For Sale £475,000
Jacobs Wells Road, Bristol

A fully renovated 5/6 bedroom ground and first floor maisonette offering a fantastic student HMO investment opportunity only moments away from Bristol University!

Description
A fully renovated ground and first floor maisonette currently arranged as a 5/6 bedroom property offers a fantastic student investment opportunity and is located only moments from Bristol University. The property has been fully renovated to a high standard and has the potential of generating an annual income in excess of £40,000!

Situation
Situated within the desirable suburb of Cliftonwood with its brightly coloured houses and harbour views. The location is one of the most sought after in the city and provides easy access into Clifton Village, The Harbourside, Whiteladies Road and the city centre. Clifton Village offers a wide range of independent shops, cafes and boutiques and a real quiet community feel whilst being only moments away from the bustling city centre. Temple Meads Train Station is approximately 15 minutes away and there also are good bus services into the city centre.

Accommodation
The ground floor comprises of a communal kitchen / dining space which boasts a number of integral appliances including an oven / hob, washing machine, fridge freezer and a coffee maker. There is a cupboard which houses the newly installed Vaillant Gas Combination boiler and plenty of storage space. There are two double bedrooms on this floor and an impressive modern shower room. On the first floor you will find the principal bedroom which benefits from an en-suite shower room, two further double bedrooms and a lounge. The lounge could easily be adapted into a sixth bedroom or would be a perfect sized study / revision room.

Outside
There is a small private courtyard garden to the rear which is low maintenance and a private access lane to the front with bin storage available.

Modern Method Auction
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties).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 4.2% 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 will be funded.

CONTINUED
The 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 a payment of £300 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 and Starting Bid subject to change. Agents NotesThe property doesn't currently have a HMO License so viewers are advised to conduct their own research into obtaining the correct licensing. The adjoining properties are licensed HMO's so we wouldn't anticipate this being an issue.

Local Authority & Services
Bristol City CouncilCouncil Tax Band B

Leasehold Information
Leasehold - remained of a 999 year lease Service Charge & Grount Rent Approx £1788 per annumParking Permits Obtainable

Council Tax Band: B
Tenure: Leasehold