43 Princess Royal Road, Bream, Lydney, Gloucestershire, GL15 6NG

Ref: Lot 8

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Town & Country Property Auctions Manchester
Town & Country Property Auctions Manchester

Unconditional (Buyer's Premium)


UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 3%+VAT (subject to a minimum of £4,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

Key features

THREE BEDROOMS.
LOUNGE/DINING ROOM.
KITCHEN.
BATHROOM.
GARDEN.
OFF ROAD PARKING.
NEW WORCESTER BOSCH BOILER WITH 10 YEAR WARRANTY.

Description

**FOR SALE BY AUCTION** – A fantastic opportunity to acquire this well-presented and deceptively spacious three-bedroom home, offered at a guide price below current market value to facilitate a swift sale in line with the vendor's requirements.

This represents an excellent opportunity for owner-occupiers and investors alike to secure an attractive property at a highly competitive price.

The accommodation is well planned and comprises a modern fitted kitchen and a bright dual-aspect lounge/dining room, providing generous living and entertaining space. To the first floor are three well-proportioned bedrooms together with a family bathroom, creating an ideal layout for modern family living.

Externally, the property benefits from off-road parking and an enclosed rear garden featuring a lawn and patio area, ideal for outdoor entertaining or family use. The private, fenced garden enjoys a delightful woodland outlook, further enhancing the property's appeal.

The property also represents an attractive buy-to-let investment opportunity, with the potential to achieve rental income in excess of £1,100 per calendar month (subject to market conditions), offering the prospect of a strong gross yield for investors seeking a ready-to-let addition to their portfolio.

Whether you are looking for a home to move straight into, an investment with excellent rental prospects, or an opportunity to acquire a property at an attractive guide price below market value, this is a sale not to be missed. The vendor's motivation to achieve a swift sale presents a genuine opportunity for purchasers to secure exceptional value.

The Property briefly comprises as follows:

Entrance Hallway: - 3.69m x 1.52m (12'1" x 4'11") - Doors to kitchen, cloakroom/utility room & lounge/dining room, stairs to first floor landing, power & lighting, smoke alarm.

Cloakroom/W.C.: - 1.69m x 1.41m (5'6" x 4'7") - W.C., base units, worktop, space for washing machine, stainless steel sink, tiled splashbacks, frosted UPVC double glazed window, radiator, power & lighting.

Lounge/Dining Room: - 6.18m x 3.00m (20'3" x 9'10") - Dual aspect UPVC double glazed windows to front aspect, UPVC double glazed double doors to rear garden, power & lighting, radiator, TV point.

Kitchen: - 3.03m x 2.37m (9'11" x 7'9") - A range of eye level and base units, UPVC double glazed window to front aspect, gas cooker with extractor hood, gas oven, stainless steel one & a half bowl sink with mixer tap, space & plumbing for washing machine, space for fridge/freezer, power & lighting.

First Floor Landing: - 2.2m x 1.07m (7'2" x 3'6") - Doors to bedrooms & bathroom, loft access, power & lighting, smoke alarm.

Bedroom One: - 2.81m x 2.75m (9'2" x 9'0") - UPVC double glazed window to rear aspect, fitted wardrobes, power & lighting, radiator.

Bedroom Two: - 3.24m x 2.38m (10'7" x 7'9") - UPVC double glazed window to rear aspect, power & lighting, radiator.

Bedroom Three: - 2.81m x 2.63m (9'2" x 8'7") - UPVC double glazed window to front aspect, power & lighting, radiator.

Bathroom: - 3.23m x 1.70m (10'7" x 5'6") - Panelled bath with shower over & glass shower screen, storage unit, frosted UPVC double glazed window, W.C., hand wash basin, extractor fan.

Outside: - To the front of the property there is a block paved driveway providing off road parking.

The enclosed rear garden offers a place to relax and entertain with a lawn and a patio area. The garden is enclosed with fencing and there is an attractive woodland outlook to the rear.

Bream is a sought-after village within the Forest of Dean, offering a range of local amenities including shops, schools and public houses, together with excellent access to miles of woodland walks, cycling routes and outdoor pursuits. The nearby towns of Coleford and Lydney provide further facilities, while convenient road links to Gloucester, Cheltenham and the M4/M5 motorway network make the location attractive to commuters.

**Early viewing is strongly recommended. Properties offering this combination of value, investment potential and desirable location, particularly when offered for sale by auction, are expected to attract significant interest.**

Buyers Premium

* Plus 3% Buyers Premium plus VAT

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.  To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Key Feature 1

Three-Bedroom End Terraced Property.

Key Feature 2

Ideal Investment Opportunity.

Key Feature 3

Village Location.

Council Tax Band

B


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.

All auctioneer fees and deposits stated are non-refundable. The deposit will be applied toward the final purchase price. Auctioneer fees, while not contributing to the purchase price, will still be included in the total chargeable consideration of the property when calculating Stamp Duty Land Tax, Land Transaction Tax, or Land and Buildings Transaction Tax (as applicable depending on whether the property is located in England, Wales, or Scotland).

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