Chain-free one-bedroom flat with balcony, ideal first home or central investment..
- One double bedroom, circa 529 sq ft (average-sized flat)
- Balcony and multiple built-in storage cupboards
- Chain-free; sold by Modern Method of Auction (see fees)
- Leasehold: 107 years remaining
- Service charge ~£1,560 per year; ground rent £10 (unknown)
- Reservation fee 4.5% of price (min £6,600) plus Buyer Pack £349
- Walking distance to Cabot Circus, Temple Meads and Harbourside
- Local area: very deprived with very high crime rates
A one-bedroom, 529 sq ft flat in Elbridge House, offered chain-free and ready for a quick completion. The apartment sits within walking distance of Cabot Circus, Temple Meads and the Harbourside, making it convenient for city living, commuting and rental demand. Features include a balcony, built-in storage, communal off-street parking and an average-sized living layout suited to a first home or buy-to-let.
Buyers should note this is a leasehold property with 107 years remaining, a service charge of approximately £1,560 per year and a ground rent of £10 (unknown basis). The sale is by the Modern Method of Auction: the buyer must sign a Reservation Agreement, pay a non-refundable reservation fee of 4.5% of the purchase price (minimum £6,600) and complete within the 56-day reservation period. A Buyer Information Pack is provided (fee £349 including VAT).
Location benefits are offset by local challenges: the immediate area is very deprived with a very high recorded crime rate. Broadband speeds are average but mobile signal is excellent. No flooding risk is recorded. This property suits first-time buyers wanting a compact city base or investors looking for a centrally located rental; factor in auction costs, annual service charge and local area considerations when deciding to view.
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