Guide Price: £100,000.00

Traditional Auction

7 Nelson Street , , Gloucester , GL1 4QX

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CURRENT BID*

£90,000.00

(Place a bid)

STARTING TIME

02/07/2025 13:00:00

Lot Number: 99471618

Property ID: 80595168

Whoobid Auctioneers

djacobs@whoobid.co.uk

01202 137200

The minimum current bid is £90,500.00

Fees Apply

Automatic maximum bid £ (only bid in increments of £500)

£

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Guide Price

£100,000.00

Method of Auction

Traditional

Property Type

House

Number Of Beds

2

Tenure

Freehold Property

Address

7 Nelson Street

Key Features

• No Forward Chain
• Brilliant Investment or First Time Purchase
• Renovation Required
• Two Double Bedrooms & Loft Conversion
• On Street Parking
• Private Garden
• City Centre Location
• Buyers Fee Applies
• Pre Auction Offers Considered
• Auction Pack Available On Request

Description

** For Sale By Online Auction** Pre Auction Offers Considered**

A perfect investment opportunity for a landlord or a great option for first-time buyers wanting to join the property ladder!!

This Victorian terraced property is located on a popular street just off Tredworth Road and offers two bedrooms, an enclosed rear garden, large living and dining rooms, on-street parking, gas central heating and no chain.

The property features a classic period layout comprised of the main living-dining space with stairs to the first floor, as well as access to the private garden through French-style patio doors.

At the rear of the property, you will find the kitchen with convenient space for appliances and a range of wall and drawer-mounted units. The kitchen leads through to a small utility space as well as the bathroom. The bathroom is fitted with a shower over the panelled bath as well as a pedestal wash hand basin, low-level WC, and uPVC double glazed frosted window to the side aspect and also houses the combination boiler.

Upstairs, you will find two double bedrooms, both with large windows and high ceilings.

Unlike other properties of this period, the property also benefits from a loft conversion suitable for storage, office space or a children's playroom.

Its prime location offers convenient access to key destinations such as Gloucester City Centre, Gloucester Docks & Quays, Gloucester Train Station & Transport Hub for easy links to Cheltenham, Bristol and Stroud.

This property provides a brilliant buy-to-let opportunity, ensuring a potentially lucrative investment.

Additional Information:
Chain Free
Vacant Possession
Double glazing and Gas Central Heating
Combination Boiler
On-street parking
Freehold.
Council Tax Band: A Gloucester
EPC Rating: D
Floor Area: 72sqm
Rental Income: £950-£975pcm (approx £11,700 annually)

Traditional Terms & Conditions -
This property is for sale via Online Auction. This is a modern twist on the traditional auction room sale where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale and they will have 28 days to complete, please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction the winning bidder will be required to pay a non-refundable reservation fee of 3.6% inclusive of VAT of the winning bid in addition to the purchase price subject to a minimum fee of £5,940 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack which will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE SALE PRICE. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the 'legal pack', if you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.

**Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.

**Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.

Property Brochure

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Property Auction Pack

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EPC

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Floor Plan

Download Link:  Must be logged in!

**These particulars are produced by the advertising agent and not
verified by Whoobid, they are believed to be correct but their accuracy
cannot be guaranteed and they do not constitute an offer or form part of
any contract.**

Map Location

Property Location

Address: GL1 4QX

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Agent's Information

Name: Whoobid Auctioneers

Address: LONDON, Dorset, EC1V 2NX

Telephone Number: 01202 137200

Email: djacobs@whoobid.co.uk

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