ARCHIVE | September 2019 Results

2019 auct ion SEPTEMBER 2019

residential sales | auctions ON SOLD EDITION SOLD

bristol and the west country's biggest property event

THE most successful AUCTIONEERS IN BRISTOL AND NORTH SOMERSET FOR THE LAST 8 YEARS *

* Source: EI Group 2010-2018, based on ‘amount raised’.

auction “ WELCOME TO BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT raditionally August is a quiet time for the property world – not so 2019! As luck would have it the terrible late Summer weather meant we didn’t mind swapping our beach towels for our instruction books and we have put together our largest sale of the year with 52 exciting lots from across the region. They say “great minds think alike” and we have also seen a spike in the number of auction enquiries and viewings alongside the bumper our results T JUL’19

% SOLD 82

number of lots – many buyers perceive the current climate as an opportunity to invest whilst the old adage ‘form is temporary, class is permanent’ proves there will always be buyers for quality lots. We have on offer tonight something for every budget and strategy! From Student HMO’s and investment portfolios, rural retreats, Cheltenham town houses, parcels of land and building plots, garages and even a detached toilet block! DID YOU KNOW? Last year Hollis Morgan sold more £££'s of land and property by auction than all the other Bristol and North Somerset Auctioneers combined with over £43m of successful sales. And since we formed in 2010 we have sold the most £££'s of land and property by Public Auction in than all the other Bristol and North Somerset – EVERY YEAR! – and now with over £270 million of auction sales since 2010!

£ 4,372,000

TOTAL RAISED

auctions

our 2018

% SOLD 85

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£ 44.7 M TOTAL RAISED

LOTS OFFERED SUCCESS RATE MARKET SHARE 183 85 % 24 %

” Oliver Hollis olly@hollismorgan.co.uk

We wish you the best of luck tonight and look forward to helping you celebrate your new purchase in the free bar afterwards!

Bear Wood Project IS OUR CHARITY OF THE YEAR FOR 2019 www.wildplace.org.uk/bearwood

tel 0117 973 6565 | www.hollismorgan.co.uk | post@hollismorgan.co.uk

introducing …our auction team

the members of our team

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Sarah Western, Nick Heal, Lucinda Culpin and Calum Melhuish;

TOP ROW

Mike Hayne, 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

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 he worked as a swimming pool salesman in Oxford before moving to Cardiff to complete a

Marketing Degree before returning to Bristol to start his career in property.

advisor to many others regarding

BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT

2019 julyauct ion highlights

“ he July auction proved that this is indeed a good time to be a pragmatist. Our present confused world is producing some very interesting property results. Diffident sellers are holding off marketing their properties until more settled times whilst low interest rates and a plethora of able buyers is still driving up prices on desirable Lots due to the general shortage of property. Quality is the keyword, however, and anything with little appeal is proving more difficult in the saleroom. With our usual eclectic catalogue for the July Sale discerning buyers were soon picking out the choice Lots and making offers prior to auction which, in my opinion, were in excess of what one would have been expecting in the actual saleroom. It was soon very clearly obvious that our clients would willingly snap up these handsome offers giving them certainty whilst the purchasers felt equally happy to have acquired properties generally in scarce supply. Nowhere was this more obvious than with the sale of a terraced house in Fairfield Road, Montpelier in need of work but in a property hotspot with a price guide of £500,000 selling prior to auction at £600,000 and also for a ten bedroom student HMO in Kingsdown with a price guide of £800,000 selling for £970,000! The July auction overall was great success and I confidently look forward to September and working with more pragmatists! T

SOLD £600k

GUIDE PRICE : £500 K +++

MONTPELIER

SOLD £970k

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GUIDE PRICE : £800 K +++

KINGSDOWN

Andrew Morgan MBE andrew@hollismorgan.co.uk

hollismorgan – the results speak for themselves…

BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT

frequently asked questions

How do I book a viewing? The viewing schedule can be found in the property details – usually this is a fixed viewing once a week for 30 minutes.

How do I download the Legal Pack? Digital Copies of the Online legal pack can be downloaded via our website https://auctioneertemplates.eigroup.co.uk/guides.aspx?a=660&c=hom

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Can I make a pre auction offer? Some clients will consider pre-auction offers but you must wait for the legal pack and complete the offer form.

Can I book a valuation or a survey? If you would like to arrange a survey or valuation instruct your surveyor to contact Hollis Morgan

hollis morgan

residential sales | auctions

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 2018 we have held 51 auctions, offering over 1300 lots and raising £275m 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 2018 with over £43m 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

useful bidding tips BUYING at auction In advance of the auction, work out the top price you are prepared to pay for the property – it is very easy to be carried away in the excitement of the saleroom!

Make sure you obtain a bidding paddle and sit in a position where you can see the Auctioneer and, most importantly , where you can be seen.

The Auctioneer, as well as strategically placed spotters, will be scanning the room for bids. Last minute and unclear bids may not be seen.

The Auctioneer will call the successful bid three times and, if there are no further bids, the fall of the gavel will mean the property is sold .

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Bid clearly holding the bidding paddle high above your head to attract the Auctioneer’s attention.

The Auctioneer has the right to regulate the sale and his word is final .

Feel free to call out to attract attention if you think your bid has been missed.

Do not be afraid to ask for guidance from us – we are here to help you. Happy Bidding!

an exciting opportunity BUYING at auction

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).

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 in the build up to the sale. Will I need a deposit? 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 Good Luck and Happy Bidding!

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

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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 2019

NEW OUR VALUE – ADDING PLANNING SERVICE

planning permission reducing risk; increasing value investment and think it has development potential? Want to know what it is worth and how best to sell it? Do you have a building plot, want to sell a section of your garden or purchased a parcel of land or garages as an

Hollis Morgan are asked to value land and potential sites on a daily basis and generally the value of the land is directly proportional to how much money a developer can generate or its GDV (Gross Development Value). The GDV generally defines the value and unless you have planning consents for a specific scheme it can often be difficult to judge by both us and your potential buyers – this is the Risk element . To solve this Hollis Morgan have created a partnership with planning professionals Stokes Morgan Planning Consultants to offer a complete service to reduce the risks to your buyers and maximise the sale value of your land.

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Stokes Morgan are known for providing a high quality, cost effective planning service whilst Hollis Morgan are the most successful auctioneers in Bristol and North Somerset. WHY US?

The PPA report helps reduce the planning risk and increase the value of your land without the time and costs of seeking outline planning permission.

PPA professional planning appraisal

We will provide a professional appraisal of the development potential of the site by qualified Chartered Planners which will include sketch layout/site plans which buyers will be able to use to give them a better indication on the potential of the site. We find that especially on smaller sites that a professional opinion illustrating a proposed scheme encourages buyers and a higher price is usually achieved . The PPA is paid for by your buyer upon completion on a no sale no fee basis – a charge of £700+VAT is added to the contract – they then have a £700+VAT credit to spend on planning with Stokes Morgan – everyone wins. The PPA report will include the following information:

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 What is a PPA?  Introduction  Constraints  Opportunities  Development Potential  Sketch Block Plans

hollis morgan residential sales | auctions

A typical PPA report

residential sales | auctions

we want your

renovated property…

Be a part of the hollis morgan property cycle… Many of our successful auction clients instruct the Hollis Morgan Residential Team to sell their renovated and new build properties. If you instruct our residential sales

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team to sell your renovated property, we will refund your buyers’ premium*.

Your property is only new to the market once... get it right first time with Hollis Morgan

hollismorgan – not just auctioneers…

TEL | 0117 973 6565 | 9 Waterloo Street, Clifton, Bristol BS8 4BT www.hollismorgan.co.uk | post@hollismorgan.co.uk

* to be deducted from our commission upon completion.

THE PROPERTY CYCLE … BUY … BUILD … SELL … REPEAT

THE PROPERTY CYCLE BUY AT AUCTION , BUILD OR REFURBISH . SELL WITH OUR RESIDENTIAL SALES TEAM . REPEAT THE CYCLE .

BUY

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BUILD

REPEAT

SELL

turn the page to see some successful examples …

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 : Planning Granted for 6 x 2-bed houses… PROPOSED ELEVATIONS

Plot @, Catherine Mead Street, Bedminster, Bristol BS3 1XH was bought at a hollismorgan auction.

residential sales | auctions 0117 973 6565

THE PROPERTY CYCLE … BUY … BUILD … SELL … REPEAT

… SOLD by our New Homes department

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AFTER

3 | SOLD BY US Six Freehold townhouses with aesthetically pleasing external finishes, carefully constructed to be energy efficient . Arranged over three levels: GROUND FLOOR front-to-back ‘open plan style’ living, with stylishly appointed contemporary kitchens and access to private enclosed lawned gardens; FIRST FLOOR two double- bedrooms and a family bathroom; SECOND FLOOR master bedroom with en-suite shower room. MARKETED EXCLUSIVELY BY HOLLIS MORGAN NEW HOMES 1 2 | |

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 PROPERTY CYCLE … BUY … BUILD … SELL … REPEAT

…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

 PROPERTY INVESTMENT  DEVELOPMENT FINANCE  BRIDGING

We can offer independent advice for all your property auction related financial requirements AUCT I ON F I NANCE

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

LIFE COVER FOR FAMILY AND BUSINESS INCLUDING TRUSTS

COMMERCIAL MORTGAGES AND FINANCE

TELEPHONE : 0117 973 4300 E - MAIL : info@stevemears.com

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.

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introducing steve mears – independent financial advisor the money man

31 years, and finally a prediction…

… I think the rates we can offer for all types of borrowing are the best we will see for the remainder of my career …

As I start my 32nd year in the World of Mortgages and Finance, I feel qualified to take the risk of a prediction. I think the rates we can offer for all types of borrowing i.e. Mortgages, Secured loans, Bridging, are the best we will see for the remainder of my career. They may even get slightly better as we near the “B” deadline, but who knows what will happen after that…? I have always liked Fixed rates personally, and although you could pay more, the certainty of knowing what you will be paying for a period looks more attractive than ever. We now even have 10 year Fixed Rate deals for residential purchase and re-mortgage, where you are only tied in for 5 years, amazing! My advice to anyone with any borrowing at the moment, is to make sure that you have the very best deal available to you, as a consultation costs nothing but a little time, and rates are “stunning”! Recently we have been able to re- mortgage some clients and either shorten their term or borrow further funds for less than they have previously been paying on their main residences. A lovely position for us to be in as advisers. Also, with Buy to Let mortgages, it’s now very important to get your payments down as much as possible, with the new taxation rules starting to bite. We also now believe that an accountant is an

” “

essential “friend indeed” for all landlords, to ensure that all expenses are off-set and that the loan is set up in the best way for you i.e. Limited company etc. A Buyers Market….. It would seem to be, but stock is fairly low, with most of the local agents and this keeps prices buoyant. Of course, if you are buying and selling, the “gap” could be smaller than it was a year ago, and therefore cost less to finance, especially with one of our latest mortgage deals. Bristol seems to be doing comparatively well, and with prices not moving crazily like they were in 2016, it will attract more potential home owners to the City. This will hopefully encourage more employers to the area and their staff will not be priced out of the market. We are always available at the auctions to have a quick chat, or our office is on Alma Vale Road, right around the corner. Happy bidding and we hope to talk soon.

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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

introducing Don McKeever – residential lettings investment advisor Just lettings, just Bristol Let us help you find an investment that works for you. The Bristol Residential Letting Co are an independent and impartial agent dealing exclusively in Bristol, exclusively in lettings. We can provide expert lettings advice on these auction lots. Our advice is free so get please get in touch.

What makes the best investment? Target the growing young professional market. Walking distance to the City Centre or on good transport links. Professional sharers will pool resources to rent a 3-4 bedroom house, maximising your rental income in the process. Finding houses that can be converted to flats offers good rental potential and capital appreciation. 1 bed flats/apartments are in high demand from high earning single professionals. Affordable homes are in demand so consider areas further from the Centre if the yield is attractive and the area has sufficient services and amenities. What has the best yields? A good gross yield in the Bristol market is currently around 5%. It is possible to achieve much higher gross yields of up to 10% by investing in high density HMOs. They do however require intensive management with high turnover of occupants creating risk of increased void periods. The 1 bed market in or close to BS1 can offer you a high calibre tenant, opportunity for capital growth, and a 5%+ gross yield. What do the best tenants want? Modern, stylish, clean and low maintenance properties. The days of magnolia walls and cream carpets are long gone. Stylish grey tones and minimalist finishes are in demand. This can be evidenced with most new build developments appearing in the City. Corporate lets can make for secure tenancies and their requirements will range from stylish studio apartments to large 4 bed houses. Regardless of the size of property, the same expectations for quality of finish applies.

What properties have the best chance of capital growth?

The Bristol market has seen strong capital growth over the last decade. With the London market becoming unaffordable for a lot of investors, we have seen more money invested in Bristol instead. More owner occupiers are also choosing to live in Bristol while working in London. Extensive redevelopment of the Harbourside area and future plans for redevelopment around Temple Meads have also helped push asking prices up. Victorian and Edwardian Houses are always in high demand and have seen strong growth due to their spacious layout and flexible space. What type of properties command strongest rents? Premium properties command premium rents. City Centre 3-4 bed houses are in short supply and so command strong rents when marketed. Unique properties such as conversions of interesting buildings (eg. The General Hospital) are prime real estate and offer high rents compared to other stock in the same area of the same size. What locations are most desirable? Clifton has long been seen as one of the most desirable areas of the City. However, premium rents and sale prices in Clifton have encouraged people to settle in other areas. This has resulted in areas such as Southville becoming one of the most desirable areas to live for those that cannot afford Clifton. The Harbourside will always maintain high demand with its close proximity to all that Bristol has to offer. Areas on the periphery of the City Centre such as Brislington, St George, Montpelier and Easton are becoming more popular and are seen as the more affordable places to invest in today’s market.

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The Bristol Residential Letting Co.

SOUTHVILLE OFFICE

CLIFTON OFFICE

To contact Don, email don@bristolreslet.com , telephone 0117 370 8818 or find out more about The Bristol Residential Letting Co by visiting www.bristolreslet.com

SOUTHVILLE OFFICE : 0117 370 8818 CLIFTON OFFICE : 0117 973 5237

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 2019

£216 K SOLD

LOT 1

GUIDE PRICE : £150 K +++ 15, ST. BERNARDS ROAD, SHIREHAMPTON, BRISTOL BS11 9US

Shirehampton

PROPERTY AREA 939.2 ft 2 /87.3 m 2

Semi for updating A classic Freehold semi detached property (939ft 2 ) with bright and airy accommodation arranged over two floors occupying a large rectangular plot and rear garden/side access. St Bernards Road is in the heart of Shirehampton and is well located to take advantage of the large range of amenities on the local High Street which is a short walk away. • Sold with Vacant Possession • Family Home for updating Would now benefit from basic updating to create a fine family home in this sought after location. Renovated value is in the region of £250,000 • Attic conversion/extend There is scope to convert the attic and extend to the rear to create further accommodation. Subject to consents.

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• Rental Appraisal: The Bristol Residential Letting Co. £950pcm-£1050pcm

SOLICITORS

contact:

Amanda Easton, AMD Solicitors

AmandaEaston@amdsolicitors.com

£39 K SOLD

LOT 2

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GARAGE TO THE REAR OF, 135A, RIDGEWAY ROAD, FISHPONDS, BRISTOL BS16 3EF

GUIDE PRICE : £10-20 K +++

Fishponds

Garage/plot A Freehold garage site to the rear of 135a Ridgeway Road with vehicular access from Dominion road located just off the main High Street within the popular suburb of Fishponds and close to Lodge Causeway. • Sold with Vacant Possession • Garage/Storage/Parking The existing garage and parking areas provide excellent storage. • Potential Development Site Planning has previously been sought and refused for a bungalow and a house. Buyer may wish to make their own investigations.

REFUSED PLANNING HOUSE: Ref 17/06258/F

REFUSED PLANNING BUNGALOW: Ref 18/02622/F

SOLICITORS

contact:

Ann Cook, Batchelor Sharp

ann.cook@batchelor sharp.co.uk

13, GREENWAY ROAD, REDLAND, BRISTOL BS6 6SG

£830 K SOLD

3 LOT

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PROPERTY AREA 2131.0 ft 2 /197.9 m 2

£830 K SOLD

LOT 3

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A prime Redland property

13, GREENWAY ROAD, REDLAND, BRISTOL BS6 6SG

GUIDE PRICE : £700 K +++

Redland

A

Freehold mid terraced period property (2131ft 2 ) with spacious accommodation arranged over 4 floors with an enclosed west facing rear garden in one of the most sought after and coveted locations in the city.

***Sold with Vacant Possession*** The property has a small front garden with steps leading to the main house which retains many original period features including high ceilings and fireplaces. • Family Home for updating: huge potential Let for many years and now requires basic updating and rearrangement for modern family living. Scope for a single story extension to the rear to

bedrooms on the upper floors. Renovated/extended value in excess of £1m. • Potential to convert the lower ground floor to a self contained flat. • Student HMO Investment HMO license for 8 students rooms. • Off Street Parking Scope to create off street parking (STC) • Rental Appraisal DIGS: 0117 930 8750 – dependent on condition:

CURRENT : £500+ pppcm/£48k+pa. AVERAGE : £550+ pppcm/£53k+pa. UPGRADED : £605pppcm/£58pa.

provide the classic open plan kitchen/living space opening onto the garden with 4+

SOLICITORS Gail Williams, Gregg Latchams Solicitors

contact: e: gail.williams@gregglatchams.com

the auction process BUYING at auction

1 Choosing a Lot Full details of the current catalogue can be found on our website. You can also find ‘coming soon’ lots here

5 Pre Auction Offers Some clients will consider pre-auction offers but you must wait for the legal pack to be completed.

2 Viewings Most lots have a fixed weekly viewing schedule published on our website – no need for an appointment, just arrive in the time slot.

6 Auction Night The Auction is open from 18:15 and you will need to register before you can bid.

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3 Legal Packs Digital copies of the legal pack can be downloaded online FREE via our website.

7 Identification You will need to bring two sets of ID in order to register .

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8 Payment You can pay the deposit by either a cheque or debit card – cash or credit cards are not accepted.

Do not be afraid to ask for guidance from us – we are here to help you.

the widest range of

property from across the region

£166 K SOLD

LOT 4

262, SOUNDWELL ROAD, KINGSWOOD, BS15 1PN

GUIDE PRICE : £120 K +++

Kingswood

House for complete modernisation Freehold end of terrace property with accommodation arranged over two floors with a large rear garden located just off Downend Road within the popular suburb of Kingswood. • Sold with Vacant Possession . • House for modernisation Now in need of complete modernisation but offers scope for a fine home or investment in this sought after location. • Investment/HMO Scope to create 3 renting rooms on an HMO style basis. • Attic conversion Potential to convert the attic space subject to consents.

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SOLICITORS

contact:

J Lucy Hodkinson, John M Lewis Solicitors

e: lucyhodgkinson@johnmlewis.co.uk; t: 01332 29 22 04

CROSSWAYS HOUSE, THORNBURY ROAD, ALVESTON, BS35 2LR

£400 K SOLD

5 LOT

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PROPERTY AREA 3498.5 ft 2 /325.0 m 2

£400 K SOLD

LOT 5

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Excellent value detached house

CROSSWAYS HOUSE, THORNBURY ROAD, ALVESTON, BS35 2LR

GUIDE PRICE : £375 K +++

Alveston

T

his imposing period house of circa 3,498ft 2 is one of intriguing contrasts of both age and aspect overlooking Thornbury Cricket Club whilst to the south is a more commercial aspect of The Berkeley Vale Hyundai car dealership.

The property is situated in the village of Alveston close to the thriving market town of Thornbury, to the north of the City of Bristol and the M4/M5 interchange, with excellent commuting links via the motorway network and by rail from Bristol Parkway Station (Paddington/South Wales). The High Street offers a wide variety of shops, cafes, pubs and restaurants. Other facilities include the leisure centre, golf course and library, plus open community spaces, parks and sports grounds/clubs. The town is blessed with a number of primary and

junior schools, plus The Castle secondary school (www.castle.gloucs.sch.uk) which is situated on the edge of open countryside close to Thornbury’s Tudor Castle, now a luxury hotel. • Excellent value family home that benefits from • Planning granted for new access and parking • Flat conversion Subject to obtaining any necessary planning and other consents • Possible commercial Use ie, a home/work situation, day nursery, medical or therapy centre etc. the dichotomy this location presents • Retains 4 parking spaces adjacent

SOLICITORS

contact:

NEW HOMES NEW HOMES

FOR SALE BY PRIVATE TREATY

| ST WERBURGHS

| BRISTOL BS2 9QP |

SUSSEX MEWS

SUSSEX PLACE

Sussex Mews is an exclusive development of just six contemporary three bedroom Freehold townhouses with bright and airy accommodation over three floors with courtyard gardens. Constructed to the highest environmental standards to ensure low heat loss and energy waste, whilst effortlessly blending into the surrounding neighbourhood. A development of six townhouses Alberton Court is an exclusive development of just 10 high specification 1,2 and 3 bedroom apartments, situated in A development of ten 1, 2 & 3 bed apartments the ever popular village of Frenchay which provides excellent access to Bristol City Centre and major motorway links. Please call us for full details and specifications on these properties. ALBERTON COURT

PRICES RANGE FROM £340,000-£385,000

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NEW HOMES ALBERTON ROAD

| FRENCHAY

| BRISTOL BS16 1HH |

PRICES RANGE FROM £197,500-£315,000

MARKETED EXCLUSIVELY BY HOLLIS MORGAN NEW HOMES AND LAND

POSTPONED TO NOV AUCTION – DELAY WITH LEAGL PACK

LOT 6

PUBLIC CONVENIENCES, EAST STREET, BEDMINSTER, BRISTOL BS3 4EH

GUIDE PRICE : £30 K +++

Bedminster

SOLD AT AUCTION ON BEHALF OF BRISTOL CITY COUNCIL

PROPERTY AREA 719.7 ft 2 /66.9 m 2

Freehold development opportunity A Freehold detached public convenience (no longer in use) with associated land to side and rear. East street is a popular pedestrianised High Street with a wide range of retailers and traders serving the local area yet within one mile of the City Centre and close to North Street. • Development Opportunity Scope for commercial or residential development subject to consents. We understand that no previous planning has been sought on the property • Size: 719.7ft 2 • Sold with Vacant Possession

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SOLICITORS

contact:

Janet Hartnoll, Lawyer (Property), Property Team - Bristol City Council

janet.hartnoll@bristol.gov.uk

FLATS 3,4,6,8,9, FITZHARDINGE HOUSE, TAILORS COURT, CITY CENTRE, BRISTOL BS1 2EY

7 LOT

HISTORIC RENTAL INCREASES 2017-2018 Total Income

£159,844 pa

2018-2019 Total Income

£171,363 pa Rental Increase of 7.21% on previous year

2019-2020 Total Income

£177,216 pa

Increase of 3.42% on previous year

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FLATS 3,4,6,8,9, FITZHARDINGE HOUSE, TAILORS COURT, CITY CENTRE, BRISTOL BS1 2EY

AVAILABLE BY PRIVATE TREATY OPTION TO PURCHASE ALL 9 UNITS

LOT 7

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City Centre BRISTOL GUIDE PRICE : £1.7 million +++ FLATS 3,4,6,8,9, FITZHARDINGE HOUSE, TAILORS COURT, CITY CENTRE, BRISTOL BS1 2EY A high yielding Student Investment portfolio

F

itzhardinge house is a 'hands off', low maintenance student investment property arranged as 9 self contained residential leasehold (residue of 125 years) units.

The lot comprises 5 units (Flats 3,4,6,8 & 9) producing £177,216 per annum (fully let until September 2020) and includes the car park area • High Yielding Investment The property is fully let and sold subject to the

existing tenancies producing an annual income of £177,266. • 24 individual rooms let at £142pw on a 52 week contract • The budget net rent position is 25% Operating Costs.

SOLICITORS Jason Richardson, Davies & Partners

contact: e: Jason.Richardson@daviesandpartners.com

LOT 8

GUIDE PRICE : £200 K +++ 129, STATION ROAD, SOUNDWELL, BRISTOL BS15 4XX

Soundwell

PROPOSED SCHEME 2

Flat development scheme – Planning Granted A Freehold mid terraced property currently arranged as a ground floor retail unit with residential accommodation on the first floor and garage / parking to rear within the popular suburb of Soundwell The building is vacant and has been completely cleared, walls and ceilings skimmed and the first floor insulated in readiness for the structural conversion work to commence. • Planning Granted: Flat conversion Planning Granted (P19/4158/F) to convert the property into 2 residential flats and a retail unit. • Parking to Rear There is scope to demolish the rear garages and create parking for 2/3 cars. • Rental Appraisal: The Bristol Residential Letting Co.

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1 Bed - £650pcm-£700pcm; 2 bed - £825pcm-£875pcm

SOLICITORS

contact:

Patrick McCloy, McCloy Legal - Bradford on Avon

t: 01225 866563, e: law@mccloylegal.com

£435 K SOLD

LOT 9

CHELTENHAM 2, SUFFOLK STREET, LECKHAMPTON, GL50 2DH

GUIDE PRICE : £395 K +++

Cheltenham

PROPERTY AREA 126.2 m 2

Cheltenham Terrace for updating A charming mid terraced Freehold property with an array of period features and flexible accommodation arranged over three floors and an enclosed rear garden. Situated in one of Cheltenhams’ most desirable areas within walking distance to the cosmopolitan shopping areas of Bath Road. • Sold with Vacant Possession • Family Home for basic updating Scope to return the property to a four bedroom family home – similar properties have recently sold for £525,000. • Home with self-contained flat Currently arranged as such. • Extend to rear/Attic conversion Huge potential to extend to the rear and for an attic conversion. (STC)

37

SOLICITORS

contact:

Tom Bowering, Wards,

£65 K SOLD

LOT 10

LAND ADJACENT TO, 5, CHURCH HILL, BRISLINGTON, BRISTOL BS4 5AD

GUIDE PRICE : £65 K +++

Brislington

PROPOSED SCHEME

Freehold plot – lapsed Planning ***Sold with Vacant Possession*** The Land A Freehold and level parcel of land (approx 84m 2 ) fronting Church Hill just off Bristol Hill within the popular suburb of Brislington Sold with Vacant Possession. Building Plot Planning has been granted (now lapsed 07/05540/F) to erect a scheme of two flats. Alternative Scheme Buyers may wish to pursue a scheme for a single semi detached house on the site – STC.

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SOLICITORS

contact:

James Edwards, Bartletts Law

jedwards@bartlettslaw.co.uk

£150 K SOLD

LOT 11

33, COLLEGE STREET, BURNHAM-ON-SEA, TA8 1AS

GUIDE PRICE : £150 K +++

Burnham-on-Sea

PROPERTY AREA 2697.6ft2/250.6 m 2

Flat development opportunity A Freehold property occupying a prominent mid terraced position in this busy location close to the popular sea front. The property has been stripped of asbestos and is • Planning Granted: Residential Development Planning granted to convert the upper floors into 2 flats • Improvement on current scheme Scope to change proposed scheme to take advantage of the full width at the front of the property and also scope for a higher density scheme at the rear (STC) cleared ready for work to commence. • Sold with Vacant Possession .

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PROPOSED SCHEME

SOLICITORS

contact:

Hallam Merryweather, Merryweather Williams Solicitors

e: info@merryweatherwilliams.com

POSTPONED: NOV CATALOGUE

LOT 12

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LAND TO THE NORTH OF, CATTYBROOK STREET, EASTON, BRISTOL BS5 9JE

GUIDE PRICE : £290 K +++

Easton

Freehold site close to the city centre

A parcel of land (0.225 Acres) fronting Russell Town Avenue and the corner of Cattybrook Street providing direct access to both Speedwell and St. George. We understand water is now connected and the site is Sold with Vacant Possession . A Site for Residential Development A Pre Application (15/04951/PREAPP) proposal for two schemes was submitted on 25th November 2015. • Scheme 1: Block of 14 Flats with 13 Parking Spaces • Scheme 2: 7x Eco Town Houses with gardens and 13 parking spaces. Summary: " Houses of 2 and 3 bedroom were discussed as being the most appropriate type housing type" .

SOLICITORS

contact:

Jon Aldous, Ocean Lawyers, Westbury on Trym

e: j.aldous@oceanpropertylawyers.co.uk t: 0117 989 8000

£95 K SOLD

LOT 14

BUILDING PLOT TO REAR OF, 106, JERSEY AVENUE, BRISLINGTON, BRISTOL BS4 4QZ

GUIDE PRICE : £70 K +++

Brislington

PROPOSED SCHEME

Building Plot with Planning Granted ***Sold with Vacant Possession***

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A Freehold parcel of land to the rear of the comer plot at 106 Jersey Avenue with an existing garage and road frontage located within the popular suburb of Brislington • Sold with Vacant Possession . • Planning Granted Planning has been granted (19/02424/F) to erect a stylish two bedroom detached house with parking and garden. • GDV: £240,000-£245,000

SOLICITORS

contact:

Rosie Crews, Barcan+Kirby LLP

R.Crews@barcankirby.co.uk

£70 K SOLD

LOT 15

FLAT 2, 14, CLIFTON ROAD, WESTON-SUPER-MARE, BS23 1BL

GUIDE PRICE : £70 K +++

Weston-super-Mare

Joint Agents WITH Farrons Estate Agents 01934 842 000

PROPERTY AREA 416.1 ft 2 /38.7 m 2

Seaside flat A well proportioned ground floor leasehold flat (416ft 2 ) with bright and airy accommodation in good decorative order with part of rear garden • Sold with Vacant Possession and subject to £25 pcm management charge (Ground Rent £15 pa) • Reduced Price for Auction The property has been previously listed with local agents at £90,000 and is now vacant with a reduced price for auction • Investment The property has previously been let for £480 pcm but the joint agents Farrons suggest an income of £500 pcm (£6,000 pa) is achievable.

42

SOLICITORS

contact:

Ruth Berry, BRGP Solicitors - Winscombe

t: (01934) 842811, e: ruth.berry@brgplaw.co.uk

POSTPONED: NOV CATALOGUE

LOT 16

DEVELOPMENT SITE @, 41, NIBLETTS HILL, ST GEORGE, BRISTOL BS5 8TP

GUIDE PRICE : £300 K +++

St George

PROPERTY AREA 1354.0 ft 2 /127.5 m 2 EXISTING PROPERTY

Planning Granted for 3 houses + Cottage renovation A Freehold parcel of land occupying an elevated position in this sought after residential location with existing detached cottage and established vehicular access from Nibletts Hill. • Sold with Vacant Possession • Development Opportunity Planning permission granted (18/06715/F) to demolish the existing cottage and erect a scheme of 3 x Detached family homes with parking and gardens. We understand that the resale value of each unit is in the region of £350,000-£375,000 Site GDV: £1.050m-£1.125m • Renovate Cottage The existing cottage is now in need of modernisation but would make a fine home with large garden and excellent views. • Rental Appraisal: The Bristol Residential Letting Co . 3 bed detached: £1200-£1300pcm

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PROPOSED SCHEME

SOLICITORS

contact:

Susan Morris, Michael Kelly & Co

01179 676 559

£575 K SOLD

LOT 17

GUIDE PRICE : £550 K +++ AVALON, 25, RECTORY ROAD, BURNHAM-ON-SEA, TA8 2BZ

Burnham-on-Sea

PROPERTY AREA 4432.1ft 2 /411.8 m 2

Renovated coastal gem – Reduced Price for Auction

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Avalon is an imposing detached period property with flexible 7 bedroom family accommodation. Occupies a large corner plot with double garage, gardens and parking situated in one of Burnham-on-Sea's most sought after locations. The Freehold property has been the subject of an exhaustive and stylish renovation and is Sold with Vacant Possession . • Reduced Price for Auction Previously market with local agents at £799,000 • Renovated Family Home The property has been extensively renovated to make a fine family home in this sought after location.

SOLICITORS

contact:

POSTPONED: NOV CATALOGUE

LOT 18

Weston-super-Mare GUIDE PRICE : £160 K +++ 105, CORONDALE ROAD, WESTON-SUPER-MARE, BS22 8PZ

PROPERTY AREA 744.3 ft 2 /69.1 m 2

Semi for investment ***Reduced Price For Auction*** A well presented 3 Bedroom semi detached modern property (744ft 2 ) with spacious accommodation arranged over two floors and a large enclosed rear garden pus garage and of street parking. • Freehold • Sold with Vacant Possession . • Reduced Price for Auction Originally marketed by local agents at offers in excess of £210k • Rental Property The property is in good decorative order and scope for an income of £900 pcm (£10,800 pa).

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SOLICITORS

contact:

Brittany Whitfield, Wards

brittany.whitfield@wards.uk.com

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