Two-bedroom fixer-upper in Easton — auction sale with clear rental upside after refurbishment..
Corner first-floor two-bedroom flat, circa 544 sq ft
Requires full refurbishment; cosmetic and mechanical works needed
Estimated rental potential c. £15,600 per annum after modernisation
999-year lease; offered with auction sale, £5,000 preliminary deposit
EPC rating C; mains gas boiler and radiators present
No flood risk; solid brick walls, likely no insulation
Very high local crime and very deprived area — factor risk
Buyer’s premium (£2,160 inc. VAT) and 8-week completion apply
Set on the first floor of a Victorian terrace in Easton, this two-bedroom flat is a compact, hands-on project for a first-time buyer or investor. The property requires full refurbishment throughout — cosmetic and mechanical upgrades are needed — but offers clear scope to add value in a popular, well-connected neighbourhood.
Key practical strengths include a long 999-year lease treated as freehold for the lot, an EPC rating of C, excellent mobile signal and fast broadband, and no flood risk. The location is close to St Marks Road and Stapleton Road amenities and offers straightforward access to Bristol city centre and transport links, which supports rental demand.
Material drawbacks are significant and should be factored into purchase plans: the flat needs renovation throughout, photos indicate surface wear and possible mould and dated finishes, the building likely has solid brick walls with no cavity insulation, and the surrounding area records very high crime levels and very high deprivation. The lot is sold at an online auction with an immediate buyer’s premium, preliminary deposit, and an 8-week completion timeframe, so buyers must be prepared for a fast, conditional process.
For investors the vendor’s rental estimate is circa £15,600 pa once modernised; first-time buyers should budget for refurbishment costs and consider the urban street-facing outlook and modest footprint (approx. 544 sq ft). Review the auction legal pack and factor in the buyer’s premium and preliminary deposit before bidding.
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