Results from the 11th April 2018 Auction
APRIL 2018 auct ion
residential sales | auctions ON SOLD EDITION SOLD
2018
bristol and the west country's biggest property event
BRISTOL ’ S MOST EXPERIENCED
UP TO 750 PEOPLE
ATTEND OUR AUCTIONS
AUCTIONEER
WE SELL THE MOST £££’ S
MAILING LIST OF 15,000
INVESTORS , DEVELOPERS
OF PROPERTY BY AUCTION
IN THE REGION
AND FAMILY BUYERS
* Source: EI Group 2011, 2012, 2013, 2014, 2015 2016 and 2017, based on ‘amount raised’.
welcome to our april auction
“
OUR 2017 RESULTS
Welcome to Bristol and the West Country’s Biggest Land and Property Event – The Hollis Morgan spring catalogue has an eclectic range of opportunities from block of flats in Clifton, library buildings in Weston-super-Mare, Police Stations in Cheddar, bungalows in Clevedon, car washes in Southville to Building plots in Bath – we have something to suit every budget! Last year Hollis Morgan sold more £££’s of land and property by auction than all the other Bristol Auctioneers combined with over £49m of successful sales and since we formed in 2010 we have sold the most £££'s of land and property by Public Auction in the region – EVERY YEAR! Hollis Morgan are supporting Bristol charity based Off the Record! as our 2018 charity of the year with 5% of each buyers premium donated to help provide free and confidential mental health support and information to young people aged 11-25 in Bristol – www.otrbristol.org.uk In 2017 we were delighted to be involved in raising £30,000 over 3 events for the “a Life for a Cure” Bristol based meningitis charity – www.ryanbresnahan.org Visit the Charity page of our website for further details – www.hollismorgan.co.uk/charity Good luck tonight and we look forward to seeing
TOTAL SOLD £ M
LOTS OFFERED
Hollis Morgan
123 22,969,400 195 49,241,000
MAGGS & ALLEN
68 10,286,000
AUCTION HOUSE BRISTOL
77 7,824,000
COOPER AND TANNER
46 3,583,800
DAVID PLAISTER LTD
13 2,247,000
BESLEY HILL
16 2,002,000
STEPHEN & CO
* Source: EI Group 2011-2017 based on ‘amount raised’.
Our Charity of the year for 2018 is Off The Record Bristol
www.otrbristol.org.uk
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”
you at the complimentary bar afterwards to celebrate your successful sale or purchase!
Oliver Hollis
BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
introducing our auction team
the members of our team
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Calum Melhuish, Nick Heal, Mike Hayne;
TOP ROW
Sarah Western, George Harris. Karine Cadoret and Sarah Cocks.
BOTTOM ROW LEFT TO RIGHT
Andrew Morgan MBE Andrew is one of the most respected and well known estate agents and auctioneers in Bristol having spent a lifetime in residential agency and on the auction rostrum and is recognised as one of the most experienced provincial auctioneers in the country. His knowledge of property is second to none which is invaluable to one of the fastest growing agencies in the region. His love of Bristol and his obvious concern for others has led him to be involved in a huge number of charitable events throughout his career raising thousands of pounds by his entertaining charitable auctions. For this work he was awarded The MBE in The Queen’s Birthday Honours in 2013. He is chairman of several charities and is advisor to many others regarding property matters. He is currently actively involved in projects with St Mary Redcliffe church, All Saints Clifton and Clifton Village BID and other organisations in Bristol.
Oliver Hollis BS C (HONS)
Olly has worked in Estate Agency since 2003, beginning his career as Andrew’s junior negotiator at a local independent firm before moving on to auction assistant and eventually running the sales department. Olly then founded Hollis Morgan with Andrew in 2010. Having been brought up in Clevedon his
family moved to Bristol in the early 90s where with his two brothers he attended Clifton College. As a gap year after school he worked as a swimming pool salesman in Oxford before moving to Cardiff to complete a
Marketing Degree before moving back to Bristol to start his career in property.
BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
buying at auction – an exciting opportunity
Four essential things to prepare for an auction • solicitors • survey • finance • ID Auctions offer a whole range of different and exciting property opportunities - why not see what is on offer? It may seem a daunting process to buy in a saleroom but if you follow these guidelines it is a very straightforward and enjoyable process. Do not be afraid to ask for guidance from us - we are there to help you. Can I attend an auction to see what happens? An auction is a public event you are most welcome to attend. We recommend that anyone thinking of buying by this method attends auctions in order to familiarise themselves with the process. How do I find out about new properties? Join our mailing list by either calling the office or send us an email via our website. How do I view the property? Viewings will be arranged and times published. You can view at these times without making an appointment. Arrive early to take advantage of the maximum viewing time. What is a price guide? An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price
(see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction. What is a reserve price? The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. Can I make an offer? Pre-auction offers can be only submitted by completing the OFFER FORM which can be downloaded within the online legal pack. Please note offers will not be considered until you have viewed the property and the COMPLETE legal pack has been released. In the event of an offer being accepted, the property will only be removed from the auction and viewings stopped once contracts have successfully exchanged subject to the standard auction terms and payment of the buyers premium to Hollis Morgan. Can I bid on the telephone? If you cannot attend the auction (although we strongly advise you do) you can make a TELEPHONE or PROXY BID. This authorises the auctioneer to bid on your behalf up to a pre-set limit. Forms and relevant conditions are available to download with the online legal pack. A completed form, ID and two cheques (one for the 10% deposit and one for the Buyer's Administration Fee of £1,000+VAT) are required by the Auction Department at least two full working days before the auction. Should I have a survey? If you would like to arrange a survey or mortgage valuation of this Lot BEFORE the auction please instruct your appointed surveyor to contact Hollis Morgan and we will arrange access for them to inspect the property. Please
note that buyers CANNOT attend the surveys and the surveyors are responsible for collecting and returning keys to the Hollis Morgan offices in Clifton. What is a legal pack? A legal pack is prepared by our clients solicitor and Digital Copies of the Online legal pack can be downloaded Free of Charge. *** STAY UPDATED *** By registering for the legal pack we can ensure you are kept updated on any changes to this Lot You will need to bring a cheque or debit card to the auction for the deposit of 10% of the buying price (minimum £2,000) which is payable to our client's solicitor. CASH IS NOT ACCEPTABLE. Is there a Buyers Premium? You will need to bring a separate cheque to the auction payable to hollis morgan for £1,000+VAT (total £1,200). Do I need ID? You will need to bring photographic identification with you on the sale night. See our separate download for full details. Can someone bid on my behalf? Someone else can bid for you. They should make themselves known to the auctioneer prior to the sale. They must be prepared to sign the contract on your behalf and pay the required deposit. They must also bring ID with them. For more information watch our Buyers Guide Video @ www.hollismorgan.co.uk
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You can download the full Buyers and Sellers Guides from our website www.hollismorgan.co.uk
BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2018
selling at auction – a brief guide
Hollis Morgan regularly hold the largest property auctions across Bristol and the West Country from our iconic Sale Room in Clifton, since we formed in 2010 we have sold the most £££'s of land and property by Public Auction in the region – EVERY YEAR! Between 2010 and 2017 we have held 45 auctions, offering 1135 lots and raising over £225m for clients across the region Did you know…Hollis Morgan sold more £££’s of land and property by auction than all the other Bristol Auctioneers combined in 2017 with over £49m of successful sales! We have approximately 40-60 lots per catalogue ranging from £10k to £3m and up to 750 people attend our iconic sales. The key benefits of a sale by public auction Speed – Exchange on the night with 28 day completion Closure – 10% deposit taken on the night and deal is done.
played out in front of your own eyes meaning no "what ifs!" Why Hollis Morgan? We sell the most £££'s of property by auction in Bristol and the West Country. Most Successful Auctioneers in the region since 2010. Bristol's most experienced auctioneer Andrew Morgan MBE. Advertised online with auction specific posts on BOTH Rightmove, Zoopla plus many other search portals. High profile weekly press campaign focusing on the Bristol Property Live newspaper with regular adverts in the Western Daily Press, North Somerset Times and Bath Chronicle. Online Mailing list of 15,000 investors, developers, self-builders and family buyers. Local, national, regional and international audience. Most lots for sale and highest attendance. Approximately 750 people attend our auctions. Prestigious Clifton auction venue Regional office covering Bristol and the West Country. Experienced team offering expert advice. Download the full Sellers Guide or watch the video at www.hollismorgan.co.uk
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Intense 6 week marketing campaign with local, national and international coverage Access to a both traditional family buyers and the professional market.
Control – you have set out your plans for buyers to follow - you are in charge Reserve – you set a reserve which protects you from selling for less than you want.
Best possible price is achieved – and it is
You can download the full Buyers and Sellers Guides from our website www.hollismorgan.co.uk
BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2016
AUCT I ON F I NANCE PROPERTY INVESTMENT DEVELOPMENT FINANCE BRIDGING
We can offer independent advice for all your property auction related financial requirements
If you are looking to finance your property needs at auction we can offer independent financial advice specifically suited to developers and investors, with…
our services include
auction finance options
bridging and commercial finance specialist for the self-employed
RESIDENTIAL AND BUY - TO - LET MORTGAGES
residential, buy-to-let and remortgaging
‘agreement-in-principle’ from most lenders within hours
SECURED LOANS AND BRIDGING LOANS
TELEPHONE : 0117 973 4300 E - MAIL : info@stevemears.com
LIFE COVER FOR FAMILY AND BUSINESS INCLUDING TRUSTS
COMMERCIAL MORTGAGES AND FINANCE
INDEPENDENT FINANCIAL ADVICE
PROTECTION AGAINST ILLNESS FOR FAMILY AND BUSINESS
Typically we charge a fee of £395 for processing the mortgage and this will be payable in two instalments. Initially £200 will be payable when we submit your application form to the lender and the balance of £195 will be payable within 14 days of the loan completing. If your mortgage proceeds to completion we will also receive any commission payable from the lender. Our fees are dependent upon your circumstances and therefore could be more than this. THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE COMMERCIAL FINANCE OR ADVICE ON WILLS AND TRUSTS. THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE SOME ASPECTS OF BUY TO LET MORTGAGES AND BRIDGING LOANS. Steve Mears Independent Mortgage Services is a trading name of Steve Mears Ltd, Registered in England and Wales – Registered Number 6180562; Registered office: 28 Alma Vale Road, Clifton, Bristol BS8 2HY; Directors: Steve Mears and Emma Mears. Steve Mears Independent Mortgage Services is an appointed representative of Owen and Associates, which is authorised and regulated by the Financial Conduct Authority. Your home or property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
introducing steve mears – independent financial advisor the money man
Houses of Multiple Occupation (HMOs)
“
A lot of clients buying at auction, are looking to set up the property as an HMO, as the rental is often more attractive. With the help of one of our legal advisers, we have listed some information, which we hope you will find useful. HMO stands for houses in multiple occupation or houses of
” “ …HMOs often require even more hard work than typical rental properties… By failing to issue tenants with contracts, landlords are setting themselves up for problems in the future. Obtain a deposit from your tenant and protect it in a Government backed scheme. Check your property is compliant with health and safety regulations – when letting a HMO the Health and Safety Regulations are more stringent than a with a single residential let. For example, you must make sure that there are sufficient means of escape and that both the boiler and electrics have been serviced but you will need to have a notice in a prominent position in the building with your name, address, and telephone number for tenants to contact you. While this may sound extreme, by failing to meet this requirement you may be at risk of a fine up to £5,000. If you are purchasing a HMO, our team can not only deal with the purchase of the property but can advise you as to the relevant rules and regulation affecting HMOs so that you do not find yourself in breach of the rules and liable to a fine.
multiple occupancy. This kind of let involves three or more tenants who are not a family and so there are shared facilities such as bathrooms and kitchens in the property. For many, HMOs could be an attractive option when investing in property because of the potential of higher yields. With so many legal factors to consider, HMOs often require even more hard work and dedication than typical rental properties do. There are a number of challenges involved in managing this type of property, and the growth in licensing and regulations over recent years often leaves new landlords in particular in a state of confusion. So, what do you need to do? Contact the Local Authority – Landlords often require licences for HMO properties however, this will depend on the type of property and number of residents. You must also ascertain whether planning permission will be required as in some areas the local authority will have excluded HMOs from being classified as permitted development. Speak to a mortgage advisor (that’s us!) – There are special HMO rates with a number of lenders now, and criteria is often different to ‘normal’ buy to let loans. You must check that using your property as a HMO is not classified as a restricted use. Draw up a Tenancy Agreement – All agreements need to be assured shorthold tenancies and while tenants can request a short term, the landlord must offer a minimum of six months fixed term. If the tenant wants to leave they must give the landlord one month’s notice but if the landlord wants the tenant to leave then they must give two months’ notice or serve a Section 21 Notice.
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”
Please remember YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE .
to contact Steve, email info@stevemears.com , telephone 0117 973 4300 or to find out more about Steve Mears Independent, visit www.stevemears.com
why sell with
hollis morgan?
Because again in 2017 we sold more £££s of land and property by auction than ALL the other auctioneers in the region combined!
195 LOTS OFFERED IN 2017 RAISING
… WITH
OVER £49m FOR CLIENTS ACROSS THE WEST COUNTRY hollismorgan – the results speak for themselves… THE most successful AUCTIONEERS IN THE REGION FOR THE LAST 7 YEARS *
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* Source: EI Group 2011-2017 based on ‘amount raised’.
results
OUR 2017
2017 RESULTS
TOTAL SOLD £ M
LOTS OFFERED
Hollis Morgan
123 22,969,400 195 49,241,000
MAGGS & ALLEN
68 10,286,000
AUCTION HOUSE BRISTOL
77 7,824,000
COOPER AND TANNER
46 3,583,800
DAVID PLAISTER LTD
13 2,247,000
BESLEY HILL
16 2,002,000
STEPHEN & CO
hollis morgan
residential sales | auctions
Who and what are RESOC?
The UWE Real Estate Society (RESOC) was founded in 2017 by 3, second year UWE 'Real Estate' students and has grown into a great tool for the student body to take their interest in property
to the next level and get real world experience and make their own connections. The society works closely with the course lecturers and similar societies at other universities to organise great events and help improve the employability of our members.
• Offering talks from industry experts so that UWE students have better commercial knowledge. Who can join the society? All UWE students past and present are more than welcome to join our society, but we specifically focus on attracting students interested in employment in the built environment. We are very keen to hear from UWE property alumni and rebuild connections with them . More information about what we do is available on our website: www.resoc.co.uk and you can get in touch with us via email at: info@resoc.co.uk or speak to one of us this evening at the auction.
Who are the committee? We are a committee of 5 people consisting of various roles from different RICS accredited courses at the University of the West of England (UWE). We run the society because we are all focused on improving our career and building our networks from as early as possible and getting to know everyone on our courses. What is the aim of the society? The aim of our society is to help our members to develop employability, extend networks and build friendships. We do this by: • Organising social events for everyone to get to know people in different years and courses. • Giving our members opportunities to interact with industry experts by hosting events that will attract both professionals and students.
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BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2018
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
the sellers guide to
residential property
Andrew Morgan MBE , Oliver Hollis and their team are experienced local property professionals with a huge knowledge of residential property in North West Bristol and other prime areas of our City. From our Clifton Village office, we cover a broad range of the property market. Unlike many other firms, who focus on specific market niches, we are thoroughly experienced in successfully handling all aspects of the property market from Clifton townhouses to suburban family homes, rural retreats to mews houses, purpose built apartments to period conversions and penthouses to garden flats.
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residential sales | auctions 0117 973 6565 hollismorgan – not just auctioneers… ” … at Hollis Morgan we have almost 100 years of combined experience within our residential property team From years of experience we know that the key to successful selling is to create momentum based on the combination of a professionally considered asking price, powerful marketing and gentle, but skilful and effective negotiations to close a sale. “ r e s i d e n t i a l sales
residential sales | auctions
SOLD by us at our auction…
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OUR CL IENT SAID : "Excellent service yet again on the sale of a house. Calum and Mike kept in touch by phone and email throughout the whole process. The fees were very fair…Thanks guys!”
BEFORE
“ ” IN THE AUCTION CATALOGUE WE SAID : in need of updating…
26 Shipley Road Road, Westbury-on-Trym was bought at a hollismorgan auction.
residential sales | auctions 0117 973 6565
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
…refurbished and SOLD by us by private treaty
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AFTER
SOLD BY US Set in an elevated position, in arguably one of the most desirable locations in Westbury Village, No 26 underwent extensive renovation before coming back to market as a stunning three storey family home. SOLD in a little over a week for in excess of the asking price. hollismorgan – not just auctioneers…
sales
r e s i d e n t i a l
residential sales | auctions
SOLD by us at our auction…
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BEFORE
“ ” IN THE AUCTION CATALOGUE WE SAID : now needs updating…
51 Avon Way, Stoke Bishop was bought at a hollismorgan auction.
residential sales | auctions 0117 973 6565
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
…refurbished and SOLD by us by private treaty
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AFTER
SOLD The property recently underwent meticulous refurbishment resulting in a superb, warm and welcoming family home. Positioned in a generous 1/3 acre plot, in a quiet residential area with excellent amenities close by. A superb property SOLD at £550,000. hollismorgan – not just auctioneers…
sales
r e s i d e n t i a l
residential sales | auctions
SOLD by us at our auction…
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BEFORE
Land at: 76 Horfield Road, Cotham, Bristol BS2 8EQ was bought at a hollismorgan auction. “ ” IN THE AUCTION CATALOGUE WE SAID : A level site of 0.15 Acres located a few hundred yards from the University and BRI with Full Planning to erect 9 stylish flats.…
residential sales | auctions 0117 973 6565
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
… SOLD by our New Homes department
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AFTER
SOLD OUR CLIENTS SAID : " It was a pleasure to be associated with Hollis Morgan for our nine unit apartment development in Cotham, from site acquisition stage through to the sale of the units. We received informed guidance on what the market required in terms of prices, fixtures, fittings, finishes and anything else that cropped up. Not least due to their help and guidance, the development was a terrific success and we look forward to many more projects with this excellent team in the future. " W ESTBURY G UILDS L TD .
hollismorgan – not just auctioneers…
sales
r e s i d e n t i a l
residential sales | auctions
SOLD by us at our auction…
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BEFORE
“ ” IN THE AUCTION CATALOGUE WE SAID : now needs updating… FOR SALE AT AUCTION : A larger than average Hall Floor Flat with sole use of the front garden and four bedrooms – now in need of updating .
11 All Saints Road, Clifton was bought at a hollismorgan auction.
residential sales | auctions 0117 973 6565
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
…refurbished and SOLD by us by private treaty
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AFTER
SOLD 11 All Saints Road is an exceptional period apartment situated on the hall floor level of a grand
Victorian building, the property has been carefully restored by its current owners, combining exquisite period features with modern touches to produce a stunning home. hollismorgan – not just auctioneers…
sales
r e s i d e n t i a l
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
” “ … It is essential that your properties are advertised online with both Rightmove and Zoopla – many agents only use one or the other … OLLY HOLLIS
the marketing campaign Online advertising accounts for 65% of buyer enquiries so a strong online presence is vital for your property – we rely on a combination of our bespoke property website alongside our dedicated micro site within the
Rightmove portal AND Zoopla – these two websites provide the
the valuation It is no longer good enough to simply base a valuation on ‘what the flat next door sold for’. We will supply you with a detailed history of asking prices and Land Registry prices in your area and demonstrate a comparison between your property and others. Add to this our knowledge of individual homes and our awareness of the marketplace, we are able to provide you with the accurate valuation to begin the marketing campaign.
majority of our enquiries and it is vital that your property is
profiled on BOTH portals – many agents only use one or the
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other. We also have a high profile weekly press campaign
focusing on the Bristol Property Live newspaper with additional
adverts in the Weston Daily Press and North Somerset Times.
Our Mailing list is meticulously managed with new applicants
registering at our Clifton Village office and in reality, we find 25 %
of our buyers are already registered with us.
DID YOU KNOW : Interestingly, 71% of our properties achieve the asking price or higher but in such a transparent market the right asking price is crucial – research shows the optimum price is achieved after 12 days of marketing and after 4 weeks the value tends to drift down.
© Hollis Morgan Property Limited 2018 [v4] sales
residential sales | auctions 0117 973 6565
r e s i d e n t i a l
£205 K SOLD
LOT 1
AVONDALE VILLA, 9, HALL STREET, BEDMINSTER, BRISTOL BS3 5PN
GUIDE PRICE : £200 K +++
Bedminster
PROPERTY AREA 1055.2 ft 2 /98.0 m 2
Terraced house for modernisation A Freehold mid terraced period property arranged over two floors with enclosed rear garden located within the popular suburb of Bedminster. The property now requires modernisation but would make a fine family home in this sought after location. • Extension/attic conversion There is scope for both extension to rear and attic conversion (subject to consents) • Flat conversion Scope for conversion to 2 Flats
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(subject to consents) • HMO/Student Let Potential for 4+ tenants. (subject to consents) • Rental Appraisal
The Bristol Residential Letting Co. £1000-£1100pcm
SOLICITORS
contact:
Andrew Cutland, John Hodge Solicitors
andrew.cutland@johnhodge.co.uk
£190 K SOLD
LOT 2
GUIDE PRICE : £165 K +++ 168, BEDMINSTER DOWN ROAD, BEDMINSTER DOWN, BS13 7AF
Bedminster Down
PROPERTY AREA 1104.8 ft 2 /102.6 m 2
House with fine views REDUCED PRICE FOR AUCTION A Freehold end of terrace two bedroom property (1104ft 2 ) arranged over two floors plus basement with large garden and outstanding far reaching views over South Bristol. • Bedminster Down Road is located on the outskirts of Bedminster Down and Bedminster. Local amenities and services are all within close proximity including convenience stores, cafes, pubs and restaurants. Bristol City Centre is less than three miles away. • Investment/home Freehold property in good decorative order and sold with vacant possession. • Excellent investment/home in sought after location.
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• Rental Appraisal: The Bristol Residential Letting Co. £875pcm-£925pcm
SOLICITORS
contact:
Gurcharan Bhaker, Bhaktom Solicitors
gb@bhaktom-solicitors.co.uk
£316 K SOLD
LOT 3
City Centre BRISTOL GUIDE PRICE : £250 K +++ 95, DEANERY ROAD, CITY CENTRE, BS1 5QH
PROPERTY AREA 958.3 ft 2 /89.0 m 2
Bargain balcony apartment REDUCED PRICE FOR AUCTION
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A Leasehold third floor (with lift and stairs) modern apartment with spacious accommodation (958ft 2 ) comprising open plan living space and large south facing balcony in addition to master bedroom with en suite, family bathroom, bedroom two and various storage spaces plus allocated off street parking (refer to car parking plan). • The market value for a flat of this size and the south facing balcony is in the region of £400,000 • Investment/owner occupier Excellent investment opportunity or home in this highly sought after location. • Leasehold 250 years from June 2000. Service charge £1,739.42 per annum payable by
two equal six monthly instalments. • Rental Appraisal: Clifton Rentals £1,150 pcm
SOLICITORS
contact:
Gurcharan Bhaker, Bhaktom Solicitors
gb@bhaktom-solicitors.co.uk
WITHDRAWN
LOT 4
GUIDE PRICE : £115 K +++ 80, MASKELYNE AVENUE, HORFIELD, BS10 5DB
Horfield
PROPERTY AREA 683.1 ft 2 /63.5 m 2
Flat for investment A leasehold second floor two bedroom apartment (683ft 2 ) set in a purpose built block with communal gardens in this sought after location close to Southmead Hospital. • Maskelyne Avenue is a quiet residential area located just off Bishopthorpe Road within the popular suburb of Horfield less than 1 mile from Southmead Hospital. • Leasehold: 107 years remaining. • Ground Rent: £10 PA • Management Charge 2016/17 was £58.96 PCM • ***SOLD WITH VACANT POSSESSION*** The leasehold property is sold with vacant possession. • Investment The property was previously let for £750 PCM and the tenant is in the process of vacating. There is huge demand for rental accommodation within close proximity of Southmead hospital.
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SOLICITORS
contact:
Jonathan Webb, Cook and Co
jonathan.webb@cookco.co.uk
WITHDRAWN
LOT 5
GRAND DESIGNS @, 28, HIGH STREET, CLIFTON, BS8 2YF
GUIDE PRICE : £250 K +++
Clifton
PROPOSED SCHEME
‘Grand Designs’ project SOLD WITH VACANT POSSESSION
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A Freehold site comprising a Coach House and garages adjacent to Durdham Down, High Street is located just off Upper Belgrave Road, The Downs are within walking distance as well as Whiteladies Road which offers an array of independent retailers, pubs, cafes, bars and restaurants. Bristol City Centre is less than two miles away. • Planning Granted Planning has been granted to demolish the existing coach house and garages to erect a stylish Grand Designs style home (121.7m 2 ) arranged over two floors with open plan living, courtyard garden and three bedrooms. Planning Granted DECISION : GRANTED subject to condition(s) APPLICATION NO : 17/05751/F • We understand the resale value of the finished property is in the region of £700,000. • Proposed accommodation Ground floor: 61.8m 2 First floor: 55.6m 2 Bike/Bin store: 4.3m 2
SOLICITORS
contact:
Fiona Tighe, Gardner Leader
f.tighe@gardner-leader.co.uk
@ MAY AUCTION SOLD
6 LOT
GDV SCHEDULE
UNIT
TYPE
BEDS
ft 2
UNIT
TYPE
BEDS
ft 2
VALUE £
VALUE £
GROUND FLOOR G-01
SECOND FLOOR SF-08
Duplex
1 bed 818ft 2
£180,000
Flat
1 bed 732ft 2
£145,000
G-02
Flat
2 bed 667ft 2
£175,000
SF-09
Flat
2 bed 667ft 2 t
£165,000
G-03
Flat
1 bed 517ft 2
£130,000
SF-10
Flat
1 bed 517ft 2
£130,000
G-04
Flat
1 bed 538ft 2
£130,000
SF-11
Flat
1 bed 517ft 2
£130,000
GR-01
House 3 bed 1399ft 2
£250,000
SR-04
Flat
2 bed 743ft 2
£145,000
GR 02
Duplex
1 bed 667ft 2
£150,000
SR- 05
Flat
2 bed 624ft 2
£130,000
GR-03
Duplex
1 Bed 549ft 2
£140,000
THIRD FLOOR TF-12
Flat
2 bed 893ft 2
£185,000
FIRST FLOOR FF-05
TF-13
Split
3 bed 1023ft 2
£195,000
Flat
2 bed 667ft 2
£165,000
TF 14
Split
2 bed 840ft 2
£185,000
FF-06
Flat
1 bed 517ft 2
£130,000
TF 15
Flat
1 bed 592ft 2
£130,000
FF-07
Flat
1 bed 538ft 2
£130,000
TR-06
Flat
2 bed 743ft 2
£165,000
TR-07
Flat
2 bed 624ft 2
£160,000
Parking Space 7 x £10,000
£70,000
TOTAL GDV £3,575,000
TOTAL
15,392ft 2
£3,575,000
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PROPOSED SCHEME
@ MAY AUCTION SOLD
LOT 6
Weston-super-Mare his landmark Grade II Listed renaissance style property is arranged over 4 floors with parking spaces to the rear. T OLD LIBRARY, THE BOULEVARD, WESTON SUPER MARE, BS23 1PL Development opportunity Central Weston-super-Mare Central Weston-super-Mare GUIDE PRICE : £500k +++
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FREEHOLD SOLD WITH VACANT POSSESSION Development opportunity
Planning has been granted to convert the property into a residential scheme of 22 units with a GDV of £3.575m. • Planning Granted APPLICATION NO : 16/P/0507/F APPLICANT : Land & Buildings Ltd SITE : Weston-super- Mare Library, Boulevard, Weston-super-Mare, BS23 1PL
SOLICITORS David Curwen , Barcan+Kirby
contact:
d.curwen@barcankirby.co.uk
see our website for full property details www.hollismorgan.co.uk
join us at one of our remaining 2018 auctions
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JULY
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NOVEMBER
Bristol and the West Country's BIGGEST property events
BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
£102 K SOLD
LOT 7
DEVELOPMENT SITE @, 35 A, MOUNTAIN WOOD, BATHFORD, BA1 7RZ
GUIDE PRICE : £75 K +++
Bathford
PROPOSED SCHEME
Site with Planning Granted A Freehold site occupying an elevated “end of terrace” position with excellent access and far reaching views from the upper floors located in the heart of the sought after and picturesque village of Bathford. Planning has been granted to erect a four bedroom house with gardens and parking • Planning Town and Country Planning Act 1990 (NOTIFICATION OF DECISION) APPLICATION TYPE : Full Application Application No: 15/01936/FUL • Alternative Strategy There may be scope ( subject to consents ) to erect a development of 3 self contained flats.
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SOLICITORS
contact:
Deborah Sturgess, D E Sturgess
deborah.sturgess@deslaw.co.uk
LOT 8
GUIDE PRICE : £240 K +++ 49, SYLVAN WAY, SEA MILLS, BS9 2LB
Sea Mills
PROPERTY AREA 929.0 ft 2 /86.3 m 2
Semi for updating A Freehold semi detached property 3 bedroom, 2 reception property (929ft 2 ) over two floors with a larger than average enclosed rear garden. Sylvan Way is a popular residential road within the leafy suburb of Sea Mills. • Requires updating The property now requires updating but would make a fine family home in this sought after location. • Extension/attic conversion There is scope for both extension to side, rear and attic conversion (subject to consents) • Flat conversion Scope for 2 Flats (subject to consents) • HMO/Student let Potential for 4+ Tenants. • Off street parking Potential for off street parking (subject to consents).
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SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
LOT 9
Development Schedule GROUND FLOOR Flat 1: Self Contained one bedroom flat with open plan living and Courtyard Garden. Scope to substitute the courtyard garden for an additional bedroom subject to consents. Resale £160,000 (2 Bed option: £175,000) FIRST FLOOR Flat 2: Self contained 3 Bedroom Flat with open plan living space and balcony. Resale £200,000 TOP FLOOR Flat 3: Self contained 1 Bedroom with open plan living and terrace. Resale £165,000 GDV £525,000
DEVELOPMENT SITE TO REAR, 215 - 217, CHURCH ROAD, REDFIELD, BS5 9HL
GUIDE PRICE : £150 K +++
Redfield
PROPOSED SCHEME
Plot with Planning A Freehold parcel of land to the rear of 215 - 217
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Church Road accessed via Mary Street. • Development Schedule and GDV See above table • Planning Granted
Planning has been granted to develop the whole site and the first phase of works fronting Church Rd have now been completed. Phase 2 at the rear has the opportunity to erect a new build development comprising Planning Granted REFERENCE : 16/06434/F
ALTERNATIVE REFERENCE : PP-05629234. • Rental Appraisal: Piper Property Flat 1: £700-900 pcm
Flat 2: £1100 pcm Flat 2: £700 pcm
FLOOR PLANS NOT TO SCALE, FOR ILLUSTRATIVE PURPOSES ONLY – SEE OUR WEBSITE
SOLICITORS
contact:
Star LegalAshley White,
ash.white@star-legal.co.uk
@ MAY AUCTION SOLD
LOT 10
GUIDE PRICE : £33 K +++ 6 GARAGES, MILFORD AVENUE, WICK, BS30 5PG
Wick
Two ranks of three garages Two Freehold ranks of 3 single garages (6 total) located to the rear of Milford Avenue with excellent vehicular access. Milford Avenue is located within the popular countryside setting of Wick. Local amenities and services are all within close proximity. Bristol City Centre is approximately ten miles away. • Garage Investment Fully let investment producing £3,264 PA • Break-up Sale Scope for individual resale of the units. • Existing Tenants and Income 4 of the garages are currently let for £48 PCM inc VAT; 2 of the garages are currently let for £40 PCM inc VAT. TOTAL: £2,719 per annum • We understand there is scope to increase all rents to £50pcm/£3,600pa.
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SOLICITORS
contact:
Madeleine Hodgkinson, TLT LLP
madeleine.hodgkinson@TLTsolicitors.com
AVAILABLE BY PRIVATE TREATY
LOT 11
UNIT 6, SEPTIMUS, HAWKFIELD BUSINESS PARK,WHITCHURCH, BS14 0BL
GUIDE PRICE : £200 K +++
Whitchurch
JOINT AGENTS Williams Gunter Hardwick 0117 922 1222 www.wghproperty.co.uk
PROPERTY AREA 3366.8 ft 2 /312.0 m 2
Vacant commercial premises with potential REDUCED PRICE FOR AUCTION Leasehold hybrid commercial premises (323m 2 /3,482 ft 2 ) with vacant possession – Long leasehold for a term of 125 years from September 1989. Situated within Hawkfield Business Park just off Whitchurch Lane. The property has previously been marketed for £300,000 Investment Sold with vacant possession, there is scope to achieve a rental income in the region of £25,000- £30,000 per annum. Create extra floorspace There is scope (subject to consents) to create additional first floor space above at the front of the property.
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SOLICITORS
contact:
Jonathan Wilson, Gregg Latchams
jonathan.wilson@gregglatchams.com
£85 K SOLD
LOT 12
PLOT TO REAR OF, 30, GERRARD CLOSE, FILWOOD PARK, BRISTOL BS4 1UH
GUIDE PRICE : £55 K +++
Filwood Park
PROPOSED DEVELOPMENT
Site with Planning A Freehold triangular parcel of land - formerly gardens to 30 Gerrard Close positioned at the end of a quiet cul de sac. Gerrard Close is located within the popular suburb of Filwood Park. Local amenities and services including convenience stores, pubs and cafés are all within close proximity. Bristol City Centre is approximately four miles away. • Planning Granted Planning has been granted to erect a semi detached two bedroom house with parking and gardens. DECISION : GRANTED subject to condition(s) APPLICATION NO : 17/01423/F.
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SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
LOT 14
HOUSE + PLOT, 9, EAGLE ROAD, BRISLINGTON, BRISTOL BS4 3LQ
GUIDE PRICE : £350 K +++
Brislington
PROPOSED DEVELOPMENT
Freehold renovation/development opportunity A Freehold detached family home occupying an elevated position + Plot located adjacent to the existing property. Located just off Bath road within the popular suburb of Brislington, Bristol City Centre is approximately 4 miles away. Renovate existing house The property now requires updating but would make a fine home or investment in this highly sought after location. There would be scope to extend the property and potential for an attic conversion subject to consents. Plot with Planning Planning has been granted to erect a two storey 3 bedroom house. Alternative scheme: Flats/HMO Subject to consents there may be scope for an alternative scheme such as flats or large HMO. Planning Granted REFERENCE 17/05126/F ALTERNATIVE REFERENCE PP-06386432
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SOLICITORS
contact:
Jon Aldous, Ocean Property Lawyers
E: j.aldous@oceanhome.co.uk
£210 K SOLD
LOT 15
FLAT 30, STEAMSHIP HOUSE, GAS FERRY ROAD, HARBOURSIDE, BRISTOL BS1 6GL
GUIDE PRICE : £170 K +++
Harbourside
PROPERTY AREA 483.5 ft 2 /44.9 m 2
Modern Harbourside flat REDUCED PRICE FOR AUCTION A Leasehold self contained one bedroom flat on the 3rd floor with an open plan living space/kitchen leading to a West facing balcony and a double bedroom with well appointed bathroom. The property is located on ‘Spike Island’ a scenic quarter of the Harbourside which is a stone's throw away from Bristol's best shops, café bars, restaurants and nightlife. • Owner occupier – Reduced Price for Auction • A vacant flat offered in good decorative order for immediate occupation in this sought after block. • Investment
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Excellent rental potential – please refer to independent rental appraisal opposite.
• Rental Appraisal: The Bristol Residential Letting Co. £900pcm-£925pcm
SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
£430 K SOLD
LOT 16
228, SHIREHAMPTON ROAD, SHIREHAMPTON,BRISTOL BS9 2EH
GUIDE PRICE : £390 K +++
Shirehampton
PROPERTY AREA 1454.4 ft 2 /135.1 m 2
Detached House for Updating SOLD WITH VACANT POSSESSION A substantial Freehold detached family home occupying a prominent and elevated position set back from the road and arranged over two floors with enclosed rear garden and garage plus parking at the front of the property, located towards the top end of Shirehampton Road. • Family home for updating The property is now in need of updating but offers scope for a fine family home in this sought after location. • Scope to extend/attic conversion There is scope (subject to consents) to extend the property to both rear and side as well attic conversion.
39
SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
17 LOT £774 K SOLD
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PROPERTY AREA 544.1 ft 2 /50.6 m 2
£774 K SOLD
LOT 17
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Hotel cottage and land
GUIDE PRICE : £725 K +++
Churchill
A WINSTON MANOR HOTEL AND COTTAGE, BRISTOL ROAD, CHURCHILL, BS25 5NL The Freehold property will be sold with vacant possessions but offer the following opportunities: • Hotel/B&B
A large detached Freehold period property (6397ft 2 ) , originally Churchill Manor House, built around 1820/1830 and extended in 1988 plus 3 bedroom cottage set in approx. 1.5 Acres of grounds
• New build opportunity Given the size of the plot there may be scope, for a multiple new build scheme in the rear gardens and to the side of the Manor. • Restaurant/destination venue There is potential and demand for dining in this location and the property offers the facilities to pursue this option. • Range of other potential commercial uses .
A trading profit and loss account for the year ending 5 April 2016 trading as a B&B shows a net turnover of £153,320 with a trading profit of over £80,000. • HMO/increase number of rooms There is scope to increase the number of bedrooms by converting the lounge and bar. • Conversion to residential houses/flats Potential to convert the property into either one large or multiple individual units.
SOLICITORS Margaret Bradford, Bradford and Company
contact:
Margaret@bradfordlaw.co.uk
LOT 18
GUIDE PRICE : £240 K +++ 173, BEDMINSTER ROAD, BEDMINSTER, BS3 5NJ
Bedminster Down
PROPERTY AREA 980.9 ft 2 /91.1 m 2
Semi for investment/Doer-upper A Freehold semi detached property arranged over two floors with enclosed rear garden and garage/parking to rear located within the popular suburb of Bedminster. • Investment Let currently £1600 PCM /£19,200 PA inclusive of bills – scope to increase the rental income. • Family home – basic updating Having been let for a number of years the property would now benefit from some basic updating and has scope for a fine three bedroom family home. • Extension/attic conversion There is scope for both extension to side, rear and attic conversion (subject to consents). • Off street parking to the front There is scope for off street for for two vehicles at the front of the property (subject to consents) • Flat conversion Scope for 2 flats (subject to consents).
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SOLICITORS
contact:
Tom Bowering, Wards
tom.bowering@wards.uk.com
£815 K SOLD
LOT 19
Development/Value/GDV HOUSE 1: 1032ft 2 £430k HOUSE 2: 2115ft 2 t £735k HOUSE 3: 2045ft 2 £720k HOUSE 4: 2065ft 2 £720k GDV: circa £2.8m
LITTLE ORCHARD, 98, BATH ROAD, WILLSBRIDGE, BS30 6EF
GUIDE PRICE : £850 K +++
Willsbridge
PROPOSED SCHEME
Planning Granted for a gated development Little orchard is a Freehold detached house set well back from the road occupying a secluded position on a 0.5 acre plot with fine rural views to the rear. The land is located just outside the popular suburb of Willsbridge with petrol station and general store, local amenities and services are all within close proximity in the town of Keynsham including a railway station and Planning has been granted to demolish the existing property and erect a gated scheme of four luxury detached family homes. Planning Granted REFERENCE PK17/4372/F ALTERNATIVE REFERENCE PP-06377779. excellent access to both Bath and Bristol. • Planning Granted – Gated scheme
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SOLICITORS
contact:
Claire Parsloe, Temple Bright
Claire.Parsloe@templebright.com
@MAY AUCTION SOLD
LOT 20
Rental Estimates Retail Unit: £850-£950 PCM Maisonette: £850-£900 PCM Total: £20,400-£22,200 PA Rental values by The Bristol Residential Letting Co
GUIDE PRICE : £270 K +++ 12, WEST STREET, BEDMINSTER, BS3 3LG
Bedminster
RENTAL VALUES BY The Bristol Residential Letting Co
PROPERTY AREA 2078.6 ft 2 /19.13 m 2
Retail + maisonette A Freehold mixed use property (2078ft 2 ) comprising a large ground floor retail unit and a self contained maisonette on the upper floors. • Investment The property has been let since 2008 at a rate of £850 PCM for the entire building. The rent has not been increased since 2008 and the tenant has now been served notice to vacate on 14th May 2018. We understand the tenant may be interested in signing a new lease at £1600 PCM (£19,200 PA ). Alternatively the retail unit and flat could be let separately – see table above. • Break-up/refurbish/resale The maisonette would now benefit from basic updating and could be split and sold separately. • Development There may be scope to develop and extend the existing upper floors at the rear (subject to consents).
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SOLICITORS
contact:
Malcolm Buck, Fussell Wright
malcolm.buck@fussellwright.co.uk
£10.5 K SOLD
LOT 21
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PARKING SPACE @, STONES COURT, REDLAND ROAD, REDLAND, BS6 6YA
GUIDE PRICE : £10 K +++
Redland
Redland parking space A Freehold allocated gated off street parking space located within the Stones Court Development. Redland Road is just a few hundred yards from Whiteladies Road and Blackboy Hill with their eclectic range of shops, wine bars and restaurants. • We understand the parking space would rent for circa £75 PCM .
SOLICITORS
contact:
Steve Parker, Barcan Kirby Solicitors
s.parker@barcankirby.co.uk
£400 K SOLD
LOT 22
GUIDE PRICE : £400 K +++ SOUTHCOMBE, HIGH STREET, WRINGTON, BS40 5QD
Wrington
JOINT AGENTS JOHN WEBB ESTATE AGENT
PROPERTY AREA 1949.6 ft 2 /181.1 m 2
Village property for renovation SOLD WITH VACANT POSSESSION Southcombe occupies a prime elevated and secluded position in the heart of this sought after Village, approached via a drive leading to a courtyard parking area with a mature garden is to the right hand side of the property facing South and there is also a garage. We understand the property is not listed. • Family home for modernisation The Freehold property is sold with vacant possession and is now in need of complete modernisation. • Scope to rearrange layout There is clearly scope to improve the layout particularly on the ground floor and potential to reinstate the terrace of the principle bedroom which could become a fantastic reception room – all subject to gaining the necessary consents.
46
SOLICITORS
contact:
Hayley Turner, Bennetts Solicitors Attorneys & Notaries
hayley.turner@bennettlaw.co.uk
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