Freehold - A spacious 1 bedroom property (approx. 604 sq.ft. including basement) situated in Bridgwater town centre -vacant

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Description/Location

The property has been let continuously for 10 years, we believe current market rent to be £650 per calendar month - £7,800 per annum. Demand for rental properties in this area is particularly strong due to the construction project at Hinkley Point.

Tenure

Freehold
EPC rating C
Council Tax Band A

Local Authority

North Somerset Council

Viewing

Gibbins Richards Bridgwater 01278 444488

Accommodation

Ground floor: Entrance hall with stairs leading down to basement, living room, kitchen, bedroom, bathroom Basement: Basement approx. 113 sq.ft.

Rent

Estimated rent £7,800 per annum

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.