Summary - 16, GADSHILL ROAD, BRISTOL BS5 6LJ
2 bed 1 bath Terraced
Auction opportunity with strong post-refurb value and rental potential.
- Two bedrooms and two reception rooms across 925 sq ft
Offered for sale at an unconditional livestream auction, this two-bedroom Victorian terraced house presents clear upside for an investor or hands-on buyer prepared to renovate. Set over multiple storeys with 925 sq ft of accommodation, the property includes two reception rooms, a long kitchen, rear garden and a garage — elements that support strong resale or rental appeal once modernised.
The auction format requires immediate exchange of contracts on sale day and includes buyer fees: an administration fee of £1,200 (inc VAT) and a buyers premium of £3,600 (inc VAT). The property requires full modernisation throughout and the EPC is listed as TBC; buyers should review the legal pack for all disbursements and commissioning of surveys is recommended before bidding.
Auction guidance suggests a post-refurb sale value of approximately £325,000–£350,000 and an estimated rental income of £1,500–£1,600 pcm when upgraded. Note the location sits within a very deprived area with high local crime statistics — this will affect lettings, yields and marketability and should factor into refurbishment spec and tenant sourcing.
Practical positives include freehold tenure, a garage, rear garden and good broadband and mobile signal. Viewings will be arranged prior to auction; consult the legal pack and factor in renovation costs, immediate contract exchange, and the listed fees before bidding.
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