Lot 43 - Flat 1, 10 South Terrace, Weston-super-Mare, North Somerset, BS23 2AT
- Unconditional Online Auction Sale
- Guide Price* : £131,000+
- Bedrooms: 2
- Bathrooms: 1
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Lot 43 - Apartment for Investment
Description
ONLINE AUCTION from 16th DECEMBER-18th DECEMBER 2025
Situated within minutes of Weston Super Mare beach and shops this Grade II Listed apartment benefits from a parking space (local agents have valued at approximately £15,000 as parking is a premium in the area) and rear courtyard. Offering spacious accommodation the apartment offers a lounge, kitchen, two bedrooms, bathroom and a utility area. There is gas central heating (not tested). There are 3 apartments in the building and each flat owns a third share of the Freehold. The property is let at £1,050 pcm and the tenants would very much like to stay.
The owner is selling at auction this apartment along with the top floor apartment - see lot number 38.
The locality includes Weston College associated with Bath University. Weston train station is a 15 minute walk away with routes to Bristol and London. Weston-super-Mare) is a seaside town in the North Somerset. It lies by the Bristol Channel 20 miles (32 km) south-west of Bristol between Worlebury Hill and Bleadon Hill.
Accommodation
Ground floor Lounge, Kitchen, 2 Bedrooms, bathroom, utility area
Outside Sole use of courtyard garden, Parking space
Lease Start Date
27/11/2025
Lease Duration
999 years (999 years unexpired)
Tenancies
To be sold with Tenants in situ.
The property is let at £1,050 pcm (£12,600 p/a)
Tenure
Advised Leasehold - to be verified by solicitor
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Legal Documents
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