Auction chance near Temple Meads with long lease and vacant possession.
Long lease 999 years from 2012 (c.986 years remaining)
This ground-floor one-bedroom flat is offered at online auction with vacant possession and a long lease (999 years from 2012, c.986 years remaining). Its guide price of £87,500+ and low council tax band A make it an accessible purchase for investors or budget-minded owner-occupiers. Note the auction fees: 3% buyer’s premium (min. £4,500) and a 10% deposit on sale.
The apartment sits close to Stapleton Road and within easy reach of Temple Meads and central Bristol, making it attractive for rental demand or a commuter purchaser. The area has strong public transport links and local amenities, while broadband and mobile signal are good.
The flat shows signs of wear: peeling paint, dirty surfaces and limited outdoor space in a small rear courtyard. Heating is via electric room heaters and the EPC is band E (expires July 2033), so upgrading heating and insulation could improve comfort and running costs. The neighbourhood records very high crime rates and is in a very deprived area — important considerations for owner-occupiers and risk assessments for investors.
This property is best suited to buyers seeking a low-entry auction purchase with potential to renovate and relet or to occupy affordably. The long lease and vacant possession are positive legal features, but factor in refurbishment costs and local area challenges before bidding.
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