Welcome to the Hollis Morgan Live Online Auction 2024 Review
bid from anywhere | online or mobile auction LIVE ONLINE AUCTION REVIEW 2024
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hollis morgan | the results speak for themselves
BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
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2024 RESULTS
# LOTS SOLD
248 65.8 £m TOTAL RAISED 97 % SUCCESS RATE 24 AVERAGE % ABOVE GUIDE
The Property Market during a waiting gam
It may seem like history now, but casting our minds back to the early months of 2024, election talk dominated the news and current affairs programmes . Once the election had been announced and a new government formed with a huge majority, another waiting game started as the market anticipated the Labour October budget. Two momentous events which in previous times would have virtually brought the property market to a standstill. However, it seems that despite the vagaries of the political world, the public are forming their own views about property. You could say these are cynical views, but I would prefer to use the word pragmatic. In other words, they are concluding that we
continue to live in a world that presents a picture of a difficult ever-changing scene, and you may just as well ’get on with it’ rather than wait for better times. Given these circumstances, what could be more re-assuring than the certainty of bricks and mortar? This was apparent throughout all our auctions during the year where we achieved an extremely high success rate. However, these results were not easily won. Realistic initial conversations with our clients regarding price guides and marketing strategy were the order of the day. Regular reporting to the client during the marketing period and any necessary tweaking of the price often provided
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hollis morgan | the results speak for themselves
hollis morgan BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT
hollis morgan
THE MOST SUCCESSFUL
AUCTIONEERS IN THE REGION SINCE 2010
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me
stimulation to the market. And, perhaps not surprisingly, many clients took the opportunity to accept good offers prior to the auction. From my comments, you will perceive that the property market during these ‘waiting periods’ was not for the faint-hearted. It required determination by the client and expert advice from us as auctioneers throughout the whole process. Having said all this, the auction world is full of surprises, as you will see from the featured properties sold. And there were, as usual, some undoubted winners throughout the year. Developers, investors, and those seeking a family home were all out there looking for opportunities.
Prime HMOs and development opportunities created fierce competition in the saleroom, as witnessed by the sale of two properties for the University of Bristol in Woodland Road, Redland where the sale price far exceeded the reserve. Whatever political party is in power, housing undoubtedly remains a big issue. The shortage of suitable housing results in consistently strong demand despite the vicissitudes of the marketplace. Auctions clearly bring action in uncertain times and consistently move the world along while other methods can often be embroiled in ‘the waiting game’.
what could be more re-assuring than the certainty of bricks and mortar?
hollis morgan | the results speak for themselves
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BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
ANDREW REFLECTS ON OUR FEBRUARY AUCTION
“Back In The Saddle” It always seems a long time from our December sale to February, but we certainly started with a whopper! Having run The London Marathon in younger years I am used to long periods of effort rewarded by the elation of reaching the finishing line. The first auction of 2024 turned out to be just such an event, a real Auction Marathon as I was standing at the rostrum for nearly two hours! Hardly surprising as we had an eclectic catalogue of over 60 Lots on offer from Bath, Bristol, Gloucester, Taunton, and The Forest of Dean. Lot one, a property in Argyle Street in need of modernisation, immediately set the trend for the evening. The screen was full of on-line bidders, all the telephone lines were in operation, and, in addition, there were some proxy bids to handle as well. The bidding opened at the guide price of £150,000 and after some frenetic action, during which the telephone bidders found it difficult to keep pace, I was finally able to bring the gavel down at an amazing £260,000. A strong market for properties with potential The demand for the ubiquitous terraced period property is always ‘a given’ and such instructions are always much appreciated by auctioneers! Indeed, many of the Lots on offer were absolute gems and the enthusiasm shown for the first lot was replicated throughout the evening and not just restricted to Bristol. A first floor flat in need of a facelift situated in one of the classical Bath terraces soared past its guide price of £150,000 to sell at £259,000. All of this proves that, despite the less than cheering headlines, there is a very strong market for properties with potential. With a total of just over £7m raised from the evening I returned home, exhausted, but delighted that I was ‘back in the saddle’ and that the 2024 auction season had started so momentously! A quick rest before the same expectations for the March and April auctions. What fun! Andrew Morgan MBE . AUCTIONEER
02 2024
2024 RESULTS
% SUCCESS RATE £m TOTAL RAISED 02
95
6
7.01
17.6 % 35 #
AVERAGE ABOVE GUIDE
LOTS SOLD
indeed, many of the lots on offer were absolute gems…” “ hollis morgan | the results speak for themselves
SOLD Gloucester Redfield
GUIDE PRICE : £300 k +++ £426 K
42
% ABOVE GUIDE
Redfield House Verrier Road, Redfield, Bristol BS5 9LH
Potential uses subject to updating A Freehold detached property located just off the popular Church Road with accommodation (1650Ft 2 ) arranged over two floors with a single storey extension to the rear. The property has vehicular access providing tandem parking and leading to an enclosed rear garden. The property was used by Children's Services as an office up until 2015, subsequently to let St Mungo’s on a short term basis for temporary homeless accommodation. The property has been empty since April 2022. Sold with Vacant Possession . Sold on behalf of Bristol City Council
BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
ANDREW REFLECTS ON OUR MARCH AUCTION
“Time Marches On” With the burgeoning of the Magnolia trees and everything in nature indicating that Spring has arrived – and with our March Auction just completed – it is a very salutary lesson to realise that a quarter of the year has almost already gone. The March sale came hard on the heels of a fantastically successful February sale and confirmed the underlying strength in the property market. However, like everything in the world at present, the property market is complex with successful auction sale prices varying from predicted estimates to some surprising results. All this proves, and underscores, the merits of the auction process as a successful medium to handle the vicissitudes of the marketplace. A bit of glamour as well… Just prior to the sale the auction team were all treated to a moment of glamour with some filming for “ Homes Under The Hammer ”. So by the time our real live auction started we were all fully pumped and ready for auction-action. The first Lot went like a dream with an investment property in Greystoke Avenue, Southmead, comprising a fully tenanted retail unit with two flats above and an income of just under £25,000, setting the standard for the evening and with keen bidding from both on line and telephone bidders the guide price of £235,000 was quickly surpassed until the gavel fell to the eventual successful buyer at £272,000. As usual our catalogue contained a plethora of properties from around the region and, as seems to be the current trend with a shortage of opportunities, many properties were sold prior to the auction. Many people simply cannot wait for the picturesque and unusual or just for a good opportunity so a stone-built garage block in Frome with planning permission to convert to an office sold for £95,000. An investor also recognised the advantage of a pre-auction offers and happily jumped at the opportunity to acquire three small flats at £240,000 possibly an ideal base for possibly attending musical or religious festivals! From Frome to Glastonbury, Bath to Gloucester the pattern was the same
03 2024
2024 RESULTS 100 2.70
% SUCCESS RATE £m TOTAL RAISED 03
8
2.24 %
AVERAGE ABOVE GUIDE
16 #
LOTS SOLD
and culminated in a sale of just over £2.5m. A sale of small value Lots with great results. Andrew Morgan MBE . AUCTIONEER
…with a shortage of opportunities, many properties were sold prior ” “
hollis morgan | the results speak for themselves
SOLD Gloucester Clevedon 130 Strode Road, Clevedon BS21 6QG
GUIDE PRICE : £200 k +++ £220 K
10 % ABOVE GUIDE
Scope for a fine home or investment A Freehold mid terraced two bedroom period house with accommodation (1018Ft 2 ) arranged over two floors with enclosed rear garden. The property now requires modernisation but has scope for a fine home or investment in this sought after location with a wide range of amenities and within level walking are banks and a post office. There are golf courses, woodland and coastal walks in addition to excellent primary and secondary schools. Sold with Vacant Possession .
BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
ANDREW REFLECTS ON OUR APRIL AUCTION
“An Englishman’s garage could be his castle!”
04 2024
You could be forgiven for thinking that a garage is rather a boring object but, over the years, I have perceived how these 16’x 8’ boxes, with no architectural merit, have evolved into rather good investments. Car ownership has increased exponentially and most cities with period city centres and suburbs don’t have garages, also since the pandemic people have found innovative uses for garages, offices, gyms, storage, man caves etc. Increasingly, however, blocks of garages often present the opportunity for a potential building plot. You can imagine my delight, therefore, when I had two lots of garages in the April Auction. Telephone and online bidders were again out in force… Lot 1 comprised a rank of vacant garages in Rossall Avenue, Little Stoke with a generous turning forecourt, this opening Lot had the potential to produce an income of £6,500 per annum. Swift bidding online and by telephone soon took the guide price from £35,000 to £65,000 – the price of a house in many parts of the country. Later in the same sale we had a collection of 7 single units and a detached double garage in a quiet cul-de-sac offered subject to the existing tenancies. The site had the potential for a building plot, subject to any necessary consents. Telephone and online bidders were again in action, so it was no wonder the guide price of £50,000 proved to be an academic figure and I was finally able to knock the property down at £85,000. As usual many vendors preferred to take the opportunity of good offers prior to the auction but, nevertheless, I was left with a plethora of interesting properties from around the region and was able to raise a very satisfying £4m plus from the nights work. Home for a glass of red wine with my only regret being that I don’t own a garage Andrew Morgan MBE . AUCTIONEER
2024 RESULTS 100 4.54
% SUCCESS RATE £m TOTAL RAISED 04
10
27.27 %
AVERAGE ABOVE GUIDE
20 #
LOTS SOLD
“
many vendors preferred to take good offers prior to the auction…”
hollis morgan | the results speak for themselves
SOLD Gloucester Clifton
£69 K
GUIDE PRICE : £10-20 k +++
350
% ABOVE GUIDE
Leasehold Garage @ Cobblestone Mews, Clifton, Bristol BS8 3DQ
Sought-after garage in great location A Leasehold wider than average single garage in a terrace of similar units to rear of Worcester Terrace with access from Cobblestone Mews. The garage is located in an area where pressure on both parking and storage are at an absolute premium. We understand the garage would let in the region of £150 pcm subject to consents. Sold with Vacant Possession .
BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
ANDREW REFLECTS ON OUR MAY AUCTION
“A bit of a carousel” Traditionally May is one of the busiest months of the year and the time when we host our most successful auctions, however, with a late spring, terrible weather, local elections, not to mention a war or two, the spring/early summer property rush seems to have been delayed by a month so that May was a more modest affair than usual but the June auction looks to be “ bust’n out all over ” to quote from the famous musical Carousel. In fact, the whole property market is a bit of a carousel, a round about of giddying opportunities flashing, temptingly, before potential buyer’s eyes. Interestingly, especially in an election year, it takes the more determined buyers to decide to jump off the carousel and buy something. This is precisely what we saw in the May auction – professional buyers made pre-auction offers sufficiently good to tempt slightly nervous vendors whilst those looking for family homes still hanging on tightly to the high horses before deciding to jump in. In such obvious cases we often extend the marketing period to give them a little more time to become comfortably re-
05 2024
assured before making a large commitment. Always lovely surprises to be enjoyed…
Operating in this price conscious market requires a skill which can only be obtained by years of experience in the vicissitudes of the marketplace – a milieu which I love and, of course, in the auction world there are always lovely surprises to be enjoyed. As usual this came in a 16’x8’ lock up garage in Clifton with a tempting price guide of £25,000 the bidding raced along in £2,000 bids to a very jolly £64,000. Proving, once again, small is beautiful and, although not architecturally stunning, garages are gorgeous investments. Altogether a very satisfactory evening, testing the skills and doing what every good auctioneer should be doing and as Rogers and Hammerstein did before me “keeping the carousel going at a higher and higher speed”. A 100% success rate entitled me to my usual slug of red wine and an early night before the June jamboree! Andrew Morgan MBE . AUCTIONEER
2024 RESULTS 100 2.29
% SUCCESS RATE £m TOTAL RAISED 05
12
2.78 %
AVERAGE ABOVE GUIDE
12 #
LOTS SOLD
small is beautiful and garages are gorgeous investments…” “
hollis morgan | the results speak for themselves
SOLD Gloucester Widcombe, Bath
GUIDE PRICE : £365 k +++ £395 K
8 % ABOVE GUIDE
4 Hatfield Buildings, Widcombe, Bath BA2 6AF
Sought-after residential location A charming Freehold Grade II Listed two bedroom house with accommodation (988Ft 2 ) arranged over two floors and generous enclosed rear garden. Widcombe Hill is one of Bath’s most sought-after residential locations, occupying an elevated position on the southern slopes of the city and thus enjoying far-reaching views, together with the convenience of being just minutes from the city centre and its’ amenities. Bath is a World Heritage city, renowned for its shopping, cultural and recreational attractions. The property now requires modernisation with scope for a fine home or investment in this most sought after of locations. Sold with Vacant Possession .
BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
ANDREW REFLECTS ON OUR JUNE AUCTION
“Sunshine. Warmth. Brimming Catalogue” What a wonderful month June is! Sunshine, warmth, light evenings and a catalogue brimming with excellent auction lots – no wonder I was in an ebullient mood as I set out for our June Auction. As predicted Lot 1 set us off to a cracking start, Woodbine Road, Whitehall, an ubiquitous 2 bedroomed period house in need of modernisation set the pattern for the evening with bids coming thick and fast within a few moments the guide price of £150,000 was soon surpassed to be knocked down at £219,000. But if that was not a clear indication of a vibrant evening ahead Lot 3 a large semi- detached house in corner position in Sydenham Road, Totterdown certainly got the punters going. The space, the garden and a garage is rare in this urban area so I was well employed with bids online, on the telephone as well as proxy bids. The frenetic bidding took the guide price of £240,000 at very high speed final sale price of £335,000. Not all the bidding was mercifully done at this rate, some of the out of town Lots who were determined to make me operate at a country pace! A lovely plot, the site of a former garden nursery, in Minehead went slowly in £2,000 bids from a guide of £30,000 to an amazing £58,000. What a good job some bidders make me use all my skills! The removal of the Severn Bridge Tolls combined with higher property prices in the Bristol region has increased the fortunes of the property owning public in the Chepstow and surrounding areas and the evening witnessed success in this area. As usual many properties were sold by the auction team that had been on the market unsuccessfully with local agents. Our fame for this service has even stretched to Devon and the upper reaches of Gloucestershire. With a 100% success rate at this auction and over £7.5m worth of property sold – it was time for a quick celebration in the open at the local pub and as it is now summer I have changed from red to chilled white wine! A suitable end to one of our best sales of the year. Andrew Morgan MBE . AUCTIONEER
06 2024
2024 RESULTS 100 7.62
% SUCCESS RATE £m TOTAL RAISED 06
14
30.03 %
AVERAGE ABOVE GUIDE
22 #
LOTS SOLD
…as usual many properties were sold by auction that had been on the market unsuccessfully with local agents” “
hollis morgan | the results speak for themselves
SOLD Gloucester St Werburghs
GUIDE PRICE : £400 k +++ £550 ,250
38
% ABOVE GUIDE
14 The Yard, Mina Road, St Werburghs, Bristol BS2 9YP
Contemporary home in a thriving community A Freehold detached contemporary home with flexible accommodation (2171Ft 2 ) arranged over 3 floors with off street parking and enclosed rear garden. The Yard has a thriving atmosphere and communal gardens, play area and bike store. The property now requires final completion including windows, all internal finishes, landscaping and some external cladding works. Sold with Vacant Possession .
BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
ANDREW REFLECTS ON OUR JULY AUCTION
“Auction really does mean action” The July auction set a record – in that we had eighty Lots on offer! This was too good an opportunity to miss and so, reminiscent of Jules Verne’s famous novel ‘ Around the world in eighty days ’, I was able to introduce the auction as ‘ Around the region in eighty Lots with Hollis Morgan ’. As an auctioneer this proved to be quite daunting task and I set myself eighty minutes to achieve it! This proved to be almost achievable as we sold several Lots prior to the evening successfully raising over £4.5m worth of property sales before I even got started on the rostrum. With a plethora of Lots from Gloucestershire to Yeovil and Oakhampton as well as, of course, Bristol there was no shortage of registered bidders with keen bidding taking place on line as well as the telephone. The opening Lots sold comfortably above their reserve price and then we came to the very popular St Johns Lane property, a house arranged as two flats, slowed proceedings down as we went in increments from the guide of £260,000 up to £374,000. When it came to another popular lot in Chepstow Road, Newport the bidding started in £5,000 increments, broke down to £2,000 increments and then, because of the keenness of the bidders I was obliged to return to £5,000 increments in order to speed the auction along. This took the property from a guide of £125,000 to £215,000. Just the sort of ratio I like! With a ninety-six per cent success rate and almost £8m of property sold I had no hesitation in thinking this was eighty minutes profitably spent! Over a refreshing glass of white wine, I concluded that the large number of Lots were indicative of the increasing number of vendors wanting and achieving action in what a somewhat dilatory private treaty market is unable to provide upholding our company maxim “Auction means action”. Andrew Morgan MBE . AUCTIONEER
07 2024
2024 RESULTS
% SUCCESS RATE £m TOTAL RAISED 07
96
16
7.88
19.21 %
AVERAGE ABOVE GUIDE
41 #
LOTS SOLD
…our July auction set a record – in that we had eighty Lots on offer ” “
hollis morgan | the results speak for themselves
SOLD Gloucester St Judes
GUIDE PRICE : £695 k +++ £865 K
25
% ABOVE GUIDE
Flats 1-8, Pirie Court, Perry Street, St Judes, Bristol BS5 0SY
Development potential A Freehold block arranged over 3 floors occupying a prominent position on the corner of Perry Street and Stapleton Road. The accommodation (3580Ft 2 ) comprises 8x 1 bedroom flats and a small commercial unit. The vendor requested Best and Final pre auction offers on this property. The flats have been let for many years and now require basic updating but have strong rental prospects and scope for individual resale. Development
potential subject to consents. Sold with Vacant Possession .
BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
“Radiant light. Al fresco dining. A good portent for our September sale.” “I always look forward to September as ‘the season of mists and mellow fruitfulness’ with leaves changing colour and everything in nature coming to fruition. Au contraire. Auction week was greeted with blazing sunshine, people enjoying al fresco dining in the streets and all the glories and pleasures of high summer presenting a good portent for our September sale. In this radiant light the first lot of the evening set the pace for the evening with a one-bedroom flat in Clifton being snapped up for £195,000. Situated in the heart of Clifton and with a good size garden to enjoy, no wonder this gem was a winner! However, our catalogue was not just confined to our immediate area, we had entries from all around the region, Devon, Somerset and even as far as Wolverhampton. But perhaps the most intriguing lot that engendered the thoughts of mists and fruitfulness was a Manor House at Hutton in Somerset. This historic house comprised a major part of a much larger property, now subdivided into three. I must say there is nothing more enticing for an estate agent than the sound of one’s feet crunching on gravel especially when it’s on a winding tree lined driveway leading to a spectacular period house with an imposing crested entrance. Très bonne. The interior did not disappoint either with a vaulted dining room in which Henry VIII might well have felt at home and a spectacular tower from which to enjoy the four and half acres in which the property is set. Although the property required modernisation several buyers seized the opportunity and the guide price of £750,000 was soon surpassed to be finally knocked down to the lucky purchaser at £840,000. All of the properties offered were sold, so with a one hundred percent success rate and £7m of exchanged contracts it was time for a summer drink and with no chilling mists it was time for a glass of cooling white fruitful wine. Andrew Morgan MBE . AUCTIONEER ANDREW REFLECTS ON OUR SEPTEMBER AUCTION
09 2024
2024 RESULTS 100 7.27
% SUCCESS RATE £m TOTAL RAISED 09
18
31.49 %
AVERAGE ABOVE GUIDE
28 #
LOTS SOLD
…entries from Devon, Somerset and as far as Wolverhampton” “
hollis morgan | the results speak for themselves
SOLD Gloucester Hutton WESTON - SUPER - MARE
GUIDE PRICE : £750 k +++ £840 K
12
% ABOVE GUIDE
Hutton Court, 38 Church Lane, Hutton, Weston-super-Mare BS24 9SN
Fine Manor House for updating Hutton Court is a Freehold Manor House occupying a private and elevated position with architectural influences evoking England’s history. A private residence since 1995, Hutton Court was previously a small country house hotel. The property now requires updating but offers a rare opportunity to create a formidable family home with wonderful gardens in this sought after village. The various timber and stone outbuilding may offer scope for development. We understand no planning of this nature has been recently sought.
BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
ANDREW REFLECTS ON OUR OCTOBER AUCTION
“A gargantuan sale of absolute gems” One normally associates this time of the year with Harvest – a time of gathering when nature together with a year’s work comes to fruition. There is an analogy here with our October auction where we had gathered a plethora of properties from around the region into a gargantuan sale of absolute gems ranging from a derelict mansion, prime investment/development opportunities in Redland and Kingsdown even to a disused quarry. This eclectic sale had something for everyone and there were plenty of more modest and manageable homes to modernise ideal for a family or as an investment. An impending budget and a gloomy rainy day did nothing to dampen the spirits as we had a maximum number of registered bidders. One of the most exciting parts of the evening was the sale of two properties in Woodland Road, for the University of Bristol. I had a screen full of bidders and five members of our staff on telephones. The bidding was fast and furious and it was rather like a newly invented television game as telephones 1 to 5 shouted out their bids sometimes in unison whilst I kept my eye on the fast-changing screen in front of me. Huge fun!! 67 Woodland Road had a guide of £495,000 and sold for double that at £990,000 whilst 77-79 Woodland Road, an impressive pair of period semi’s with a price guide of £975,000 sold for £1.680,000! A sensational result! One of the great advantages of auction is that it means action and on a personal note it was great joy to sell a pretty terraced house in Clifton Wood belonging to an artist friend of mine enabling her to move into more appropriate accommodation before the winter. We broke a record for the longest running auction in our history but, more importantly, unstinting efforts by the whole auction team managed to raise over £14m for very satisfied clients. There was still time, and a little energy left for my large restorative glass of Merlot!” Andrew Morgan MBE . AUCTIONEER
10 2024
2024 RESULTS 100 15.18
% SUCCESS RATE £m TOTAL RAISED 10
20
27.41 %
AVERAGE ABOVE GUIDE
39 #
LOTS SOLD
…we broke a record for the longest running auction in our history” “
hollis morgan | the results speak for themselves
SOLD Gloucester Redland
GUIDE PRICE : £975 k +++ £1.68 M
72 % ABOVE GUIDE
77 & 79 Woodland Road, Redland, Bristol BS8 1UL
10 Self-contained flats for renovation A Freehold pair of imposing semi detached period properties occupying an elevated position and ultimately forming a detached block of 10 self-contained flats with 6044Ft 2 of accommodation over three floors. The individual flats are now vacant and require updating but have scope to create excellent accommodation in this sought after position just moments from Bristol University and the BRI. Once renovated the flats offer an excellent investment opportunity for short, medium and long term lets. Sold with Vacant Possession .
BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
“Somewhat uniquely, we sold a ‘Banksy‘” Our November Auction catalogue, although a smaller affair than our record-breaking October auction, was nevertheless imbued with some unique properties of character. For example, a mixed use investment property in Stokes Croft not only provided a retail unit and two four bedroomed HMO’s above, but also included a spectacular “Banksy” on the exterior wall. We wondered if someone might pay more for the wall than the remainder of the property but, finally, the lucky purchaser obtained a prime property at £835,000 and also provided a fabulous work of art to be enjoyed by the citizens of Bristol. A winner all around you might say! Included in the sale was a very rare opportunity indeed comprising an historic coach house and a range of garage/stables set in six acres of woodland adjoining the beautiful Nightingale valley. All of this would be charming and to some extent unique in a countryside environment but to find such a gem in the heart of Brislington within a short distance of the city centre can only be described as a truly outstanding Lot. The bidders seemed a little diffident to start with, as if stunned that such a great opportunity should be available for their competition. Inevitably, this passive atmosphere was short lived and in the end it came down to a battle between two parties fighting it out in bids of £2,000 until the gavel at last came to rest at a very pleasing £452,000. As usual, the ubiquitous garage lots always sell well although it is now only the most fastidious who put cars in them! As I was auctioning the Christmas tree lights were being switched on in Clifton Village, but it is far too early for us to celebrate as we have our last sale of the year on the 11th December looming up fast. However, there was just time for a large glass of Merlot to celebrate a sale of in excess of £5m before returning home! Andrew Morgan MBE . AUCTIONEER ANDREW REFLECTS ON OUR NOVEMBER AUCTION
11 2024
2024 RESULTS
% SUCCESS RATE £m TOTAL RAISED 11
83
22
5.25
27.47 %
AVERAGE ABOVE GUIDE
14 #
LOTS SOLD
…might someone pay more for the wall than the remainder of the property?” “
hollis morgan | the results speak for themselves
SOLD Gloucester Brislington
GUIDE PRICE : £350 k +++ £452 K
29 % ABOVE GUIDE
Coach House, Stables and Garages, Wick Road, Brislington, Bristol BS4 4HP
Unique development opportunity A Freehold period coach house, stables, 6 garages plus various outbuildings comprising 6714Ft 2 occupying a plot of approximately 6 Acres which slopes across the Nightingale Valley and down towards the Brislington Brook with vehicular access via a lane from Wick Road. The property is located close to the vibrant Sandy Park high street within the popular suburb of Brislington. The collection of buildings and garages have scope for a wide range of residential development opportunities or conversion into a large family home.
BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
“Plenty of reasons to celebrate” Holly, ivy, trees and Christmas decorations are ‘de rigueur’ at this time of the year but festivities do not start at Hollis Morgan until our December auction has taken place and then we have reasons to celebrate. This year was certainly no exception. Many of our clients were so tempted by the prospect of an early Christmas presents that they leapt at the opportunity to accept tasty offers on their properties well in advance of the auction. Despite this flurry of excitement, we still had a fine catalogue for competition on the night. The first Lot I could offer was a corner plot of land in Freemantle Road, Eastville with lapsed planning for 4 houses. A tempting guide price of £100,000 brought a plethora of developers into competition with one another and inevitably, and finally, led to an exciting duel between two competing parties resulting in a very ANDREW REFLECTS ON OUR DECEMBER AUCTION
12 2024
pleasing sale price of £276,000 – an audacious start! Enthusiastic bidders for ever-popular Clifton…
Clifton is always a winner with a single lock-up garage making a handsome £44,000 – the price of a house in many parts of the country! – and a beautiful but virtually derelict period town house in an iconic setting on the Clifton/Hotwells borders immediately and swiftly raced away with a telephone battle finally being won by a very enthusiastic and happy purchaser on telephone line one at £500,000. Happy times all around! With nearly £6m of property and land sold it did not seem unreasonable to start the festivities but mindful that our February auction is already running! After a very busy year with the huge privilege of offering a wide variety of properties, land and development opportunities I have reached the conclusion that the unique role of an auctioneer is indeed an exciting one. Andrew Morgan MBE . AUCTIONEER
2024 RESULTS
% SUCCESS RATE £m TOTAL RAISED 12
96
24
6.04
34.01 %
AVERAGE ABOVE GUIDE
21 #
LOTS SOLD
…an audacious start as Lot 1 sold for almost 3 times the guide price” “
hollis morgan | the results speak for themselves
SOLD Gloucester Bishopston
GUIDE PRICE : £390 k +++ £478 K
23 % ABOVE GUIDE
3 Bishop Road, Bishopston, Bristol BS7 8LS
Family home for updating A Leasehold 3 Bedroom, 3 Reception mid terraced bay fronted period property with accommodation (1239Ft 2 ) arranged over two floors with enclosed rear garden. The property has been a much loved family home and now requires basic updating with scope for a fine home or investment with enclosed rear garden in this sought after location. There is potential to extend the property to both the rear and into the attic space. Similar developed properties on the road achieve in the region of £650,000 once modernised and extended. Sold with Vacant Possession .
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“When I get home from the farm I feel nicely tired, like I have done something good with my day!” - Jack
About us
Uncle Paul’s Chilli Farm sits in forty acres of fields and woodland, commanding splendid views across the valley to the Mendip Hills and over Blagdon Reservoir. This setting provides a supportive culture where individuals who may experience social disadvantage develop self-belief and confidence and feel part of a community. Individuals can enjoy an alternative environment in which to learn and develop new skills and knowledge
www.chillicharity.org.uk
hollis morgan BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT
OUR CHARITY OF THE YEAR FOR 2025 IS… Uncle Paul's Chilli Charity Founded in 2020, Uncle Paul’s Chilli Charity is set in a unique, rural environment. We welcome young people and adults who may have experienced social disadvantages or barriers to learning and/or employment. Using our farmland setting, beneficiaries can learn and develop new skills, as well as gain experience and qualifications needed for successful and sustainable employment. Our key focuses are on education, wellbeing and social prescribing. Provide support through a monthly or one-off donation: www.chillicharity.org.uk The Hollis Morgan charitable year… Our work naturally leads us to engage with many people in a professional way but also makes us only too aware of the needs of the local community. As a result, we have always endeavoured to support local charities whenever possible. We do this by making an annual contribution to our chosen charity for the year. And also by offering our services free for charitable auctions – this year presiding at two Gala evenings in support of Cancer Research and Dementia Care. During 2024 we were able to contribute £7,500 to our chosen charity the Malcolm Gunter Foundation .
our charity support
The Hollis Morgan philosophy is to help charities wherever possible. Each year we dedicate part of our time, talents and money to support local worthy causes and charities. Through charity auctions, hosting and staging events, as well as sponsorship and support of our chosen annual charity, we are able to assist in raising both donations and awareness. Ask about our service by contacting Andrew Morgan MBE on 0117 973 6565
Malcolm Gunter was a professional colleague who died at a young age from Motor Neurone Disease. Following his diagnosis, Malcolm and his family approached their situation with great bravery and fortitude but inevitably, as the condition developed, their circumstances and needs changed. In his memory, the Malcolm Gunter Foundation has raised over £200,000 and provided support and grants for many local people living with and affected by MND. The Foundation is also seeking to assist and support others in a similar situation, and fund further research into MND. The Foundation will now continue in Malcolm’s memory. In 2025 we are taking a rural approach! We will be supporting Uncle Paul’s Chilli Charity located in beautiful countryside just south of Bristol, Uncle Pauls Chilli Farm provides a unique environment where young people and adults who have experienced social disadvantage or barriers to learning or employment, can enjoy an alternative environment in which to learn and develop new skills, experience and qualifications needed for successful and sustainable employment. Mental health and wellbeing have become a strong focus for many over the past few years. The stigmas surrounding our mental health are lifting and more people are seeking ways to improve their wellbeing. Since the Pandemic the ONS has reported low ratings of personal wellbeing across the UK. Uncle Paul’s Chilli Charity offers opportunities to enjoy a wholesome, natural landscape along with activities designed to help relax or refocus the mind. Whether it’s spending time in a hot tub or pool, learning about spices and cooking, looking after horses, plant growing and gardening, beekeeping or simply wandering the 40-acre area and taking in some breath-taking views whilst connecting with nature, Uncle Pauls’s offer plenty of wellbeing activities for those in need. We are looking forward to adding to the ‘the Spice of life’ in 2025.
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our previous charities 2024 Malcolm Gunter Foundation
2023 Spear Bristol 2022 Gympanzees
2021 1625 Independent People 2020 All Aboard Watersports 2019 Bear Wood Appeal 2018 ‘Off The Record’ Bristol 2017 A Life for a Cure 2016 Barton Camp 2015 Dance Voice 2014 Penny Brohn Cancer Care 2013 St Peter’s Hospice
The Malcolm Gunter Foundation WAS OUR CHARITY OF THE YEAR FOR 2024
Supported by a range of events during the year and the 5% premium on all auction sales. Please show your support at www.malcfoundation.co.uk hollis morgan | the results speak for themselves
BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
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this is what our satisfied auction clients say about us
I had not sold via auction before but we achieved a great result thanks to the professionalism and dedication of the Hollis Morgan staff. I would happily recommend them. Philip P | Cheltenham n Amazing service from start to finish all of the auction team are very knowledgeable and helpful. I definitely recommend and will be using them again. Johnny D | BS3 n We found the experience of selling via auction with Hollis Morgan exhilarating and we are very pleased with the result. Many thanks to all the team. Beth Newick | BS6 n
our hollis morgan
experience: !
Meet Verity and Antonio We're excited to share their experience of Hollis Morgan from purchasing at our auction to completing their stunning renovation.
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Thoroughly professional with a process that works well! Gary Thomas | Bath
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Andrew Morgan and Olly Hollis have been exemplary. The service they and their team has provided has been courteous efficient professional and highly responsive, as well as being effective. The reserve was met and the sale was secured. Andrew Morgan took a personal approach and was helpful and reassuring throughout. Olly was highly effective in the marketing and the whole staff were great. We are relieved and delighted with what you have achieved, thank you very much indeed! Amyas Bray | Clifton n
A truly excellent service from start to finish. Honest and sensible advice throughout, and the whole team could not have been more helpful. I would highly recommend Hollis Morgan Hannah Hirsch | BS6 n Very efficient service from Olly and the team from start to finish, would definitely recommend! Peter Skelly | BS6
hollis morgan | real people: real results
hollis morgan BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT
The team at Hollis Morgan go above and beyond couldn’t be happier with the service I got from them Thank you Austen | BS5
It was all very positive, good communication and helped with the selling of the site. Nick Hume | BS23
Assisted with a site sale at auction with a great result for our client Ben Short | Savills
We were recommended to Hollis Morgan by a friend, and I'm so glad I asked the question. The support we had from Olly and the team throughout was absolutely first class, and we were delighted to achieve a price for our parents property that more than met expectations. I can thoroughly recommend the team to anyone who's looking to sell via auction. David Hares | BS4 n Methodically updating with both positive and negative news. You don't have to chase these agents. Would highly recommend.Have used for many years and shall continue so to do. Chris Allcock | Easton n We used this company to sell my parents in law house! We found all the team members very helpful especially Lucinda, Josh and Olly! They were professional, efficient and did extremely well to sell the property! I would highly recommend them! Jackie Coombes | Bath n
Very pleased with the service provided – from beginning to end we were kept informed of progress – end result at auction exceeded expectations! Tina Trott | BS5 n
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It was all very positive, good communication and helped with selling the site. Nick Hume | BS23
We had regular communication and updates by a friendly, approachable and professional team throughout the process. Zoe Day | BS48 n All really nice people to work with, particularly Mr Hollis who is exceptionally good at doing what he does and is very proactive KB | Wrington n
Period semi Whitehall, BS5 9AD
Very pleased with the service provided – from beginning to end we were kept informed of progress – end result at auction exceeded expectations! T.T | BS5
hollis morgan | bid from anywhere online or mobile real people: real results
BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
live online auctions Excellent work by Olly and the Team at Hollis Morgan. Good communication throughout and 'all in all' a very professional service. Thank you. Jon Blair | BS3
this is what our satisfied auction clients say about us
Garage and Garden Bedminster, Bristol BS3 3HD
Amazing service from start to finish all of the auction team are very knowledgeable and helpful I definitely recommend and will be using again. J | BS3 Thank you to all the team at Hollis Morgan. Excellent service and result. Sold prior to auction. Stress- free. Amazing Sue Mcquaid | BS5 n We used this company to sell my parents in law house! We found all the team members very helpful especially Lucinda, Josh and Olly! They were professional, efficient and did extremely well to sell the property! I would highly recommend them! Jackie Coombes | North Wooton n
A great team who pulled off what proved to be a tricky property to sell during a challenging economic time. Excellent comms and advice, thank you. Katrina Logout | Clutton n We have had a very positive experience with Hollis Morgan. This is our first dealing with a property auction. From meeting up with Olly, we have been very pleased with the whole process. The Auction team have kept us updated of viewings at all times, as well as any other matters. Previously we engaged an estate agent and had no interest over three months. Our property sold prior to the auction and everything concluded very smoothly. Thanks
Thank you to Olly and all the team for an excellent service. Donna Wong | BS13 n
Professional and thorough service. Highly recommended. Liz Collinge | Stroud
I have been helped enormously by the team as Hollis Morgan . During a sale to complete an estate of my step mother I have been advised and assisted I cannot thank Ollie and the team enough Many, many thanks. Val James | Congresbury n
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to Olly and the team. We are happy to recommend their services. Gill Norman | BS7 n
hollis morgan | real people: real results
hollis morgan BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT
Easy and efficient service, excellent comms at all times. Friendly and helpful. Dave Ewart | BS48
From my first meeting with Ollie and working with his team throughout the whole process, which had been dealt with total professionalism, always kept up to date with what was going on, always quick to respond to queries or concerns with honest responses. I am happy that I decided to pick up the phone and make that call when I did, I can't thank Ollie and his team enough for making a stressful situation so easy. I would definitely use the team again without a doubt. Marc Boyce n
Absolutely delighted with the amount the property realised at auction. We really didn't expect it to make anywhere near as much. We will definitely be contacting Hollis Morgan again when we next have a property to sell. Sold two more properties through Hollis Morgan. Very pleased with the prices achieved. Will be contacting them again at some point in the future. Barbara Gould | BS5 n
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Expert market knowledge with an effective team who deliver. GW | Bristol BS7
After 4 and a half years of having my late mother's property on my shoulders to sell, not knowing where to start or what to do, a family member got in touch with Hollis Morgan Auctions and to say our experience has gone from stressful and chaotic to completely stress free due to Olly and his team is an understatement, the team kept us up to date with weekly updates, never hesitated to answer questions and have been absolutely amazing since day dot. Highly recommend and would recommend to anyone in need of a property to be sold. EJC | Chippenham
A massive thank you to the whole team for making the whole process effortless. You provided us great communication throughout and such a lovely team to work with – very happy customers Dawn | Bristol n Sold our house at auction with Hollis Morgan. From start to finish they were very professional. Appreciated the regular updates on viewings and marketing strategy. Would not hesitate to recommend Kim S | Bath BA1 n
Building Plot Staple Hill, Bristol BS16 4QE I'm very happy with the service I have received, specially from Olly Hollis, very polite and professional! Thanks again Y.A | BS16
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hollis morgan | real people: real results
live online
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9 Waterloo Street, Clifton, Bristol BS8 4BT TEL 0117 973 6565 www.hollismorgan.co.uk | post@hollismorgan.co.uk
hollis morgan
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