End terrace house for sale in Locking Road, Weston-Super-Mare, Avon BS23

Six bedroom property located in locking road with great income potential

***calling all investors - possible yield of over 9%****

This six bedroom former bed and breakfast offers the perfect income opportunity for a potential investor or sizeable accommodation (approx 1900 sq.ft.) for a prospective buyer looking for a large family home. The property is currently split into two areas with the ground floor housing a two bedroom private flat and the first floor offering four double en suite bedrooms. To the front of the house is a secure entrance porch that leads through into the main hallway. From there is a shared WC and a shared kitchen which has a range of wall and base units, appliances and space for a dining table. To the rear of the house is the private ground floor accommodation which could also be let out to generate income. Within the flat are two bedrooms, a bathroom with shower and bath, private lounge, private kitchen, utility room and study. From the lounge and utility room there is access into the rear garden which features space to park, a patio area, shed with vast storage and a pergola which is perfect for entertaining. The first floor boasts four double bedrooms, all of which have en suite showers and plenty of storage. To the front of the house is a three space driveway.

Locking Road is located in Weston super Mare and shares all the amenities associated with a busy seaside town with ample shopping, leisure and school facilities close to hand. For the commuter junction 21 provides easy access to the M5 and from there to most major towns and cities. There is a mainline train station providing fast easy access to all major parts of the country. Bristol International Airport is approximately a 30 minute drive away and a regular bus service provides access to most areas of the town and outlying districts.

Auctioneer Comments

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.