The results for our September 2018 sale.
SEPTEMBER 2018 auct ion
residential sales | auctions ON SOLD EDITION SOLD
2018
bristol and the west country's biggest property event
The most successful auctioneers in the region for the last 7 years*
* Source: EI Group 2011, 2012, 2013, 2014, 2015 2016 and 2017, based on ‘amount raised’.
welcome to
BRISTOL AND THE WEST COUNTRY ' S biggest property event
“
Oliver Hollis olly@hollismorgan.co.uk ” We are launching our new ‘Property Cycle’ initiative with incentives for buyers to sell their new build and renovated properties purchased at our auctions via our residential sales team – see more details on pages 12 and 13 – or talk to any of the team for more information. Good luck tonight and we look forward to chatting over the auction debrief in the complimentary bar after the sale. Did you know 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! Following a glorious summer we welcome you back to All Saints for our September auction and an eclectic mix of properties from across the region! With opportunities from Cheltenham to Chipping Sodbury, Kingswood to Keynsham, Stroud to Shirehampton – be part of Bristol and the West Country’s biggest property event. SEPT’18
OUR 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
* Source: EI Group 2011-2017 based on ‘amount raised’.
THE PROPERTY CYCLE
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Off The Record Bristol IS OUR CHARITY OF THE YEAR FOR 2018 www.otrbristol.org.uk
introducing our auction team
the members of our team
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Calum Melhuish, Nick Heal, Mike Hayne and Lucinda Culpin;
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
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.
advisor to many others regarding
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
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.
introducing steve mears – independent financial advisor the money man
Considerations of Limited Company Buy-To-Let (BTL)
“
When discussing BTL with clients, we always 1, refer them to an accountant and 2, Talk about using a Limited Company for the purchase. Of course, there are pros and cons to purchasing a buy-to-let in a limited company versus under a personal name, but the choice depends entirely on the individual circumstances of the borrower.
As an experienced mortgage broker, with links to commercial brokers, we will be able to guide you on your options and give you more insight and information on what will be the best option for you. Why purchase a BTL using a limited company? In 2017, the government set out changes in the Budget, including a reduction in the amount of tax relief available for interest on BTL mortgages, being gradually reduced until only basic rate, 20% is available (by 2021). This means that landlords will pay tax on their entire rental income and will be unable to deduct the cost of mortgage interest. Higher rate tax payers will therefore pay a lot more tax and possibly to the point where they make no profit. This has led to an increase in the number of landlords purchasing BTL investments in a limited company, due to the fact that limited companies pay corporation tax, currently at 19% but reducing to 17% in April 2019. Differences in lending As a limited company is a separate legal entity, normally the lenders stress testing is more favourable, and they tend to relax this when it comes to rental calculations. (Usually rental income must cover 125% of mortgage payments, whereas this is 145% when lending is completed in a personal name). However, mortgage costs are often higher for a limited company and additional stamp duty costs need to be taken into consideration. Owners of more than four buy-to-let properties (portfolio landlords) will have to disclose all property details at end of September meaning that the portfolio will be assessed as a
whole and if one property performs less well than others this will affect the underwriting of the whole portfolio. Advantages • Mortgage interest tax relief • No tax on dividends up to £2000 • No income tax on retained profits allowing more funds to re-invest • Corporation tax is lower than income tax • Personal advances made to the Limited Company can be drawn back out of the company via Directors loans • Lenders tend to relax the stress testing when it comes to rental calculations Disadvantages • No Capital Gains Tax allowance when a company sells a property (individuals have £11,100) • Administration costs such as preparation of company accounts, filing at Companies House, initial set up costs, accountants’ fees •Possible higher mortgage rates and reduced number of lenders If you’re interested in a Limited Company BTL please contact us on 0117 9734300, email us at info@stevemears.com or pop into our office on Alma Vale Road to make an appointment.
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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
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 SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
THE PROPERTY CYCLE BUY AT AUCTION , BUILD OR REFURBISH . SELL WITH OUR RESIDENTIAL SALES TEAM . REPEAT THE CYCLE .
BUY
13
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…
14
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
£175 K SOLD
LOT 1
GUIDE PRICE : £120 K +++ 16, TIBBOTT WALK, STOCKWOOD, BRISTOL BS14 8DR
Stockwood
PROPERTY AREA 641.9 ft 2 /59.6 m 2
Ideal investment/first-time buyer ***REDUCED PRICE FOR AUCTION*** A Freehold semi detached two bedroom property arranged over two floors with enclosed rear garden and single garage within the popular suburb of Stockwood. Local amenities and services are all nearby whilst Bristol City Centre is approximately four miles away. Sold with vacant possession. The property is offered in good decorative order at a reduced price for auction. • Family Home Ideal for first time buyers or a young family in this sought after location. • Investment Excellent rental prospects
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• Rental Appraisal: The Bristol Residential Letting Co £800-£850pcm.
SOLICITORS
contact:
Elliott Thorne, Gordon Dadds
elliottthorne@gordondadds.com
£454 K SOLD
LOT 2
111, CORONATION ROAD, SOUTHVILLE, BRISTOL BS3 1AZ
GUIDE PRICE : £365 K +++
Southville
PROPERTY AREA 1664.3 ft 2 /154.6 m 2
For modernisation/flat conversion A Freehold mid terraced period property with generously proportioned accommodation (1,664ft 2 ) arranged over two floors with enclosed garden to rear within the popular suburb of Southville. The property is sold with vacant possession and retains an array of original period features such as high The property is on the market for the first time in over 50 years and despite being well cared for now requires modernisation to create a large family home. • Flat conversion There is scope to convert the building into multiple flats (STC) • Attic conversion Potential to convert the attic to provide further family accommodation or an additional flat (STC) ceilings, fireplaces and cornices. • Family Home for updating
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• Rental Appraisal: The Bristol Residential Letting Co 4 bedroom house: £1600-£1800pcm.
SOLICITORS
contact:
Hannah Kenward, Star Legal
hannah.kenward@star-legal.co.uk
POSTPONED DELAY WITH LEGAL PACK
SOLD
LOT 3
GUIDE PRICE : £490 K +++ 6A, LONG ACRES CLOSE, COOMBE DINGLE, BRISTOL BS9 2RF
Coombe Dingle
PROPERTY AREA 1777.8 ft 2 /165.2 m 2
Family home for updating The property has been occupied by the same owner for a number of years and would now benefit from basic updating throughout to create a fine family home in this sought after location. • Scope to extend (subject to consents) There is scope to extend at the rear of the property to create the classic open plan living space opening onto the large garden. Buyers may also wish to investigate converting the garage and car port area into living accommodation to increase the ground floor area or scope for an attic conversion (STC). • Rental Appraisal Clifton Rentals Renovated: £1700 per month (£20,400p/a)
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SOLICITORS
contact:
Sarah Marsh, Bobbetts Solicitors
smarsh@bobbetts.com
£220 K SOLD
LOT 4
16, GRANTHAM ROAD, KINGSWOOD, BRISTOL BS15 1JR
GUIDE PRICE : £195 K +++
Kingswood
PROPERTY AREA 1006.3 ft 2 /93.5 m 2
Period property for modernisation ***Sold with Vacant Possession*** A Freehold semi detached period property (1006ft2) arranged over two floors with off street parking and garage plus enclosed rear garden located close to Two Mile Hill Road within the popular suburb of Kingswood. • Requires modernisation The property now requires full 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 (STC) • Flat conversion Scope for 2 Flats (STC) • HMO/Student Let Potential for 4+ tenants.
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SOLICITORS
contact:
Miss Samantha C Jones, SCJ Solicitors
samantha.jones@scjsolicitors.co.uk
£615 K SOLD
LOT 5
THE PENTHOUSE, 5 SION SPRING HOUSE, SION HILL, CLIFTON VILLAGE, BRISTOL BS8 4BS
GUIDE PRICE : £575 K +++
Clifton Village
PROPERTY AREA 1755.2 ft 2 /163.1 m 2
Clifton Village penthouse ***REDUCED PRICE FOR AUCTION***
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A leasehold penthouse with roof terrace and allocated off street parking in the heart of Clifton Village with views towards the iconic suspicion bridge. The property was previously listed for sale at £725,000 and is now reduced and offered with vacant possession. • Scope to update The property has been well maintained but there is now scope to upgrade the kitchen and open plan living space given the 5 star location and views. There may be scope ( STC ) to enclose the roof terrace to create more accommodation. • Rental Appraisal: Clifton Rentals £2,000pcm (£24,000 p/a)
SOLICITORS
contact:
Sarah Turner, Cook & Co
sarah.turner@cookco.co.uk
£1 K SOLD
LOT 6
BONUS PARCEL
PARCEL OF LAND @, LAYS DRIVE, KEYNSHAM BS31 2LD
GUIDE PRICE : £1k +++
Keynsham
SITEPLAN LOT 6
Speculative land + bonus parcel Land @ Lays Drive A Freehold rectangular parcel of land adjacent to 105 Lays Drive within a private residential estate in Keynsham. This speculative parcel of land has unknown development potential - buyers must make their own investigations with the local authority. Bonus Parcel A Freehold triangular parcel of land adjacent to 13 Lays Drive. Overage Given the likelihood of a scheme being granted the land will be sold subject to a 1/3rd overage charge for a term of 50 years - please refer to legal pack for further information.
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SITEPLAN BONUS PARCEL
SOLICITORS
contact:
Sal Mamujee, Cubism Law
E sal.mamujee@cubismlaw.com
£225 K SOLD
LOT 7
GUIDE PRICE : £210 K +++ 6, FREEMANTLE ROAD, EASTVILLE, BRISTOL BS5 6SX
Eastville
PROPERTY AREA 1129.2 ft 2 /104.9 m 2
Freehold pair of flats A Freehold mid terraced property (1129ft 2 ) that has been converted into two self contained one bedroom flats within the popular suburb of Eastville • Break-up opportunity The property is sold Freehold but there is scope to split the Title and sell each flat individually. Resale Values - Subject to basic updating and Vacant Possession. • Garden Flat: £175,000 • First Floor Flat: £140,000 • Investment The flats are sold subject to the existing AST tenancy agreements producing circa £14,700 per annum. • Flat 1 (Ground Floor) £ 650 pcm – Moved in 9th February 2018 • Flat 2 (First Floor) £ 575 pcm – Moved in 28th September 2015
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SOLICITORS
contact:
Peter Murray, Star Legal
peter.murray@star-legal.co.uk
£1 K SOLD
LOT 8
BONUS PARCEL
PARCEL OF LAND @, GLEBE WALK, KEYNSHAM BS31 2LD
GUIDE PRICE : £1k +++
Keynsham
SITEPLAN LOT 6
Speculative land + bonus parcels Land @ Glebe Walk A Freehold rectangular parcel of land adjacent to Glebe Walk in a private residential estate in Keynsham. This speculative parcel of land has unknown development potential - buyers must make their own investigations with the local authority. Bonus Parcels A Freehold pair or corner parcels at the entrance to the garages to rear of the Glebe walk site. Overage Given the likelihood of a scheme being granted the land will be sold subject to a 1/3rd overage charge for a term of 50 years - please refer to legal pack for further information.
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SITEPLAN BONUS PARCEL
SOLICITORS
contact:
Sal Mamujee, Cubism Law
E sal.mamujee@cubismlaw.com
£750 K SOLD
9 LOT
PROPOSED SCHEME
PROPOSED SCHEDULE
Apartment 1 Ground Floor, Apartment 2 Ground Floor, Apartment 3
(699ft 2 )
1 Bed, 1 Bath
(1,065ft 2 )
2 Bed, 2 Bath, Garden
(968ft 2 )
First Floor, 2 Bed, 2 Bath, 2 Terraces Apartment 4
(699ft 2 )
First Floor,
1 bed, 1 Bath
Apartment 5
(1,040ft 2 )
Second Floor, 2 Bed, 2 Bath, Terrace Apartment 6 (Tower Penthouse) Top Floor, 2 Bed, 2 Bath, Tower, Balcony GDV Local experts Steven Smith have appraised the development provided the following resale values; Apartment 1: £220,000 Apartment 2: £425,000 Apartment 3: £460,000 Apartment 4: £230,000 Apartment 5: £475,000 Apartment 6: £460,000 TOTAL: £2,270,000 (1,044ft 2 )
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£750 K SOLD
LOT 9
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CAMPBELLS LANDING, 21-23 THE BEACH, CLEVEDON BS21 7QT
GUIDE PRICE : £700 K +++
Clevedon
ampbells Landing is an iconic period property (7437ft 2 ) occupying a prime sea front position overlooking Clevedon's Grade I Listed Pier and the stunning Victorian promenade. Iconic building – Planning for 6 flats
C
period features such as high ceilings and bay windows combined with the inherent benefits of a modern conversion including a lift whilst the penthouse will have a magnificent tower with some of the best views in the Town. Please note no CIL liability is payable. • GDV of £2,270,000 Family home Scope for a truly spectacular family home with parking and gardens.
The Freehold property is sold with vacant possession and is now in need of modernisation but retains many of the classic period features and bay windows to maximise the maritime outlook. Planning Granted – Flat conversion Planning has been granted (18/P/2865/FUL) to convert the existing accommodation into six luxurious sea front apartments with a garden/ terraces. Each unique property will benefit from classic
SOLICITORS Lesley Warren, Gregg Latchams
contact: lesley.warren@gregglatchams.com
@ NOVEMBER AUCTION SOLD
LOT 10
GUIDE PRICE : £390 K +++ 1, DORMER ROAD, EASTVILLE, BRISTOL BS5 6XH
Eastville
PROPOSED SCHEME
Planning Granted for 4 flats ***Sold with Vacant Possession*** A Freehold semi detached family home (1178ft 2 ) arranged over two floors occupying a prominent corner plot with enclosed side and rear gardens plus garage and parking located within the popular residential suburb of Eastville. Development Opportunity Planning Granted (18/03239/F) to extend the original property and create four large self contained apartments. Ground Floor, 1 bedroom, Open Plan Living Space, Bathroom. APARTMENT 2 (656ft 2 ) Ground Floor, 2 bedroom, Open Plan Living Space, Bathroom, Garden. APARTMENT 3 (753ft 2 ) Ocean Estate Agents Value: £230,000 First and Second Floor maisonette, 2 bedroom, Open Plan Living Space, Bathroom. APARTMENT 3 (753ft 2 ) Ocean Estate Agents Value: £230,000 First and Second Floor maisonette, 2 bedroom, Open Plan Living Space, Bathroom. Ocean Estate Agents Value: £240,000 SCHEDULE APARTMENT 1 (538ft 2 ) Ocean Estate Agents Value: £200,000
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SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
£75 K SOLD
LOT 11
PARCEL OF LAND, CAMPBELL FARM DRIVE, LAWRENCE WESTON, BRISTOL BS11 0LD
GUIDE PRICE : £75 K +++
Lawrence Weston
1 acre: development potential A Freehold parcel of land of approximately 1 acre with Road frontage onto Campbells Farm Drive on the Kingsweston/Lawrence Weston borders just, a short drive from Westbury-on--Trym, Shirehampton and Sea Mills. Requires Planning for residential development This large site is positioned adjacent to a high density residential housing scheme. We understand planning was previously sought and subsequently declined due to a negative flood risk assessment. Please note the updated and positive Flow estimation and hydraulic modelling report in the legal pack.
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SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
£180 K SOLD
LOT 12
60, CAPGRAVE CRESCENT, BROOMHILL, BS4 4TW
GUIDE PRICE : £150 K +++
Brislington
PROPERTY AREA 910.0 ft 2 /84.5 m 2
End of terrace for basic updating ***Sold with Vacant Possession*** A Freehold end of terrace family home arranged over two floors with three bedrooms, off street parking to front and rear plus enclosed rear garden in a quiet residential area located just off Broomhill Road within the popular suburb of Brislington. • Requires basic updating The property would now benefit from some basic updating 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 (STC) • Flat conversion Scope for 2 Flats (STC) • HMO/Student Let Potential for 4+ tenants.
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SOLICITORS
contact:
Miss Samantha C Jones, SCJ Solicitors
samantha.jones@scjsolicitors.co.uk
£1,090,000 SOLD
14 LOT
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PROPERTY AREA 2822.9 ft 2 /262.3 m 2
• Rental Appraisal: Clifton rentals refer to website.
£1,090,000 SOLD
LOT 14
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Clifton home with potential o
10, ALEXANDRA ROAD, CLIFTON, BRISTOL BS8 2DD
GUIDE PRICE : £1million +++
Clifton
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Alexandra Road is an imposing semi detached period property that is available for the first time since 1979 and is arranged over two floors – plus lower ground floor – with off street parking and an enclosed rear garden.
Family home with potential The property has been well maintained with a number of modern improvements including a kitchen that was fitted 6 years ago but never used and updated bathrooms but does now justify an coordinated overall plan of updating and modernisation to reflect a property in such a sought
House + flat combo The lower ground floor has been informally arranged as 2 self contained flats for a number of years and may provide an opportunity to combine a family home with an income producing flat or accommodation for relatives/dependants (subject to consents).
The property has been a well cared for and actively maintained family home with additional accommodation on the lower ground floor (informally arranged as 2 self contained flats) and retains the majority of the charming period features including the original porters table in the hall, white marble entrance steps, working shutters in all principle rooms alongside traditional high ceilings and ornate cornice/ceiling roses.
after and valuable location. Similar properties have been valued in the region of £1.5- £1.6m once renovated.
SOLICITORS Lesley Brindle, LYONS LAW
contact: lesley.brindle@lyonslaw.co.uk
£305 K SALE AGREED SOLD
LOT 15
GUIDE PRICE : £285 K +++ 22 - 24, ROSSALL AVENUE, LITTLE STOKE, BS34 6JT
PROPOSED SCHEME
Little Stoke
PROPOSED SCHEME
Planning Granted – 4 houses A Freehold opportunity to acquire a pair of semi detached three bedroom houses (1893ft 2 ) set on a large plot within the popular suburb of Little Stoke. • Planning Granted Planning has been granted (PP-06264278) to demolish the existing semi detached properties and create a terrace of 4 new buildings with parking and gardens. Total Sale Value £1.15M-£1.26M • Investment
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There is huge demand for both professional and student rental accommodation in these areas with UWE and major employers such as Rolls Royce close by.
Potential Sale Values UNIT 1 (4 bed) £325,000-£365,000 UNIT 2 (2 bed) £250,000-£265,000 UNIT 3 (2 bed) £250,000-£265,000 UNIT 4 (4 bed) £325,000-£365,000 TOTAL £1.15m-£1.26m
SOLICITORS
contact:
Naomi O'Brien, Barcan Kirby Solicitors
n.o'brien@barcankirby.co.uk
£175 K SOLD
LOT 16
5-11, TRYMWOOD PARADE, SHIREHAMPTON ROAD, BRISTOL BS9 2DP
GUIDE PRICE : £160 K +++
Stoke Bishop
JOINT AGENTS
PROPERTY AREA 1483.5 ft 2 /137.8 m 2
Mixed use investment A Freehold mixed use property occupying a prominent central position within this well established rank. The property comprises a restaurant (699ft 2 ) and self contained two bedroom flat (664ft 2 ), with parking to the rear in a communal parking area. • Investment The property is let as a whole on a 25 year lease at a passing rent of £14,600 per annum for the whole. • We understand the flat is sublet. • The Lease commenced in 2008 and will run until 2033. • There will be a rent review due in December 2018 and we would anticipate the MR to be in the region of £16,000-£18,000 per annum.
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SOLICITORS
contact:
£1,050,000 SOLD
LOT 17
DEVELOPMENT SITE @ POOL FARM, WOTTON ROAD, RANGEWORTHY, BS37 7NA
GUIDE PRICE : £950 K +++
Rangeworthy
PROPOSED PROPERTY STYLE
Planning Granted for 8 detached houses
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A Freehold parcel of land (1.28 Acres) with road frontage onto Wotton Road in a semi-rural location in the village of Rangeworthy, convenient to the town centres of Yate, Thornbury and Wotton-under-Edge. • Development Site - Planning Granted (PT17/3260/O) Outline planning has been granted to erect a scheme of 8 detached properties in this sought after Village location. We understand the properties will have an average value of circa £500,000 each. • Site GDV circa £4m There may be scope to increase the density and amend the size of each unit subject to full planning.
PROPOSED SITE VIEW
SOLICITORS
contact:
Katrina Bartlett, WARDS
Katrina.Bartlett@wards.uk.com
£200 K SOLD
LOT 18
33, CHURCH ROAD, HANHAM, BRISTOL BS15 3AE
GUIDE PRICE : £180 K +++
Hanham
PROPERTY AREA 909.8 ft 2 /84.5 m 2
Semi for updating ***Sold with Vacant Possession***
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A Freehold semi detached 3 bedroom family home (909ft 2 ) arranged over two floors with enclosed rear garden, located just off the main High Street within the popular suburb of Hanham close to Avon Valley park and woodlands, in the catchment area for Hanham Christchurch infant and Junior school and Hanham High School. • House for updating The property has been well cared for but does now require basic updating to create a fine family home in this highly sought after location. • Scope to extend/Attic conversion There is potential to extend to the rear or attic conversion (STC) • Parking Planning has been granted to provide two off street parking spaces at the front of the property. • Flat conversion Scope for 2 Flats (STC) • HMO/Student Let Potential for 4 + Tenants.
SOLICITORS
contact:
Steve Parker, Barcan Kirby Solicitors
s.parker@barcankirby.co.uk
UP TO 750 PEOPLE
ATTEND OUR AUCTIONS
WE SELL THE MOST £££’ S
OF PROPERTY BY AUCTION
IN THE REGION
MAILING LIST OF 15,000
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INVESTORS , DEVELOPERS
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BRISTOL ’ S MOST EXPERIENCED
AUCTIONEER
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Information on Auction Lots is correct at time of publication. Auction catalogue contents © Hollis Morgan Property Limited 2018
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’.
£195 K SOLD
LOT 19
DEVELOPMENT SITE ADJACENT TO, 33, CHURCH ROAD, HANHAM, BRISTOL BS15 3AE
GUIDE PRICE : £170 K +++
Hanham
PROPOSED SCHEME
Planning Granted: 2x 2-bed houses A Freehold parcel of land with an existing double garage fronting Church Road, located just off the main High Street within the popular suburb of Hanham close to Avon Valley park and woodlands, in the catchment area for Hanham Christchurch infant and Planning has been granted to demolish the existing garages and erect a pair of 2 bedroom semi detached family homes with enclosed rear gardens and off street parking. • GDV We understand the re sale values of the finished houses are in the region of £275,000- £280,000 (£550,000-£560,000) • Drilling and Grouting Report Refer to Legal Pack • CIL £12500 – heavily discounted due to the presence of the existing garage Junior school and Hanham High School. • Planning Granted – PK17/4789/F
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SOLICITORS
contact:
Steve Parker , Barcan Kirby Solicitors
s.parker@barcankirby.co.uk
POSTPONED DELAY WITH LEGAL PACK
SOLD
LOT 20
Old Market BRISTOL GUIDE PRICE : £750 K +++ DEBEN HOUSE, 1 - 5, LAWRENCE HILL, BRISTOL, BS5 0BY
PROPERTY AREA 10,619 ft 2 /987 m 2
Commercial Investment or residential development
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An attractive red brick Freehold property occupying a prominent corner position in the sought after Old Market District close to Bristol City Centre. The property comprises a range of shared & private spaces and whole floors let to local businesses with a communal space on the ground floor. • Commercial Investment - £120K PA The property is currently let (100% occupancy 15.8.18) producing £120,000 per annum We understand the building has been 96-100% occupied since 2015 with an annual net profit of between 75-85%. • Residential development Plans (18/03158/COU) for 18 residential units were submitted (withdrawn due to decision not being made in time for the auction date) • Student housing There is huge demand for student accommodation in this central location and buyer may wish to investigate this option.
PROPOSED SCHEME
SOLICITORS
contact:
Aaron Bennett, Temple Bright
aaron.bennett@templebright.com
we’ve got all the tools you need for a successful auction #BiggestPropertyEvent #WidestRange #MostSuccessfulAuctioneers
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LOT 21
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GARAGE @, PALMERSTON ROAD, REDLAND, BRISTOL BS6 7RH
GUIDE PRICE : £10 K +++
Redland
Redland garage A Freehold single garage in a rank of three (right hand side garage) with vehicular access from Palmerston Road within the popular residential suburb of Redland. • Garage Garage in a sought after location where parking is at a premium. • Investment We understand the garage would let for circa £50 PCM . • Storage Excellent storage. • Strategic land/development of rank We suggest there is long term development potential of the whole site and this may prove a wise strategic investment. There may be scope to engage with the other 2 owners to develop the rank into modern garages/residential (subject to consents).
SOLICITORS
contact:
Gabrielle Artess, Barcan Kirby
g.artess@barcankirby.co.uk
£695 K SOLD
PROPERTY AREA 2193.2 ft 2 /203.8 m 2
22 LOT
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• Rental Appraisal: Clifton Rentals
£2000 and £2500 pcm.
£695 K SOLD
LOT 22
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36, DRUID HILL, SNEYD PARK, BRISTOL BS9 1EJ
GUIDE PRICE : £640 K +++
Sneyd Park
Freehold detached 1920's family home occupying an elevated and commanding position in this sought after corner of affluent Stoke Bishop just minutes from the Downs and Bristol Zoo, and around 10 minutes into the city centre. Family home – Planning Granted
A
***Sold with Vacant Possession*** The property is arranged over two floors on a mature plot with fine suburban views and spacious accommodation. Family Home: project requires completion The property has been granted planning (17/06373/H) to extend and create a luxurious
5 bedroom detached family home in this sought after location. Works have started including partial construction of the extension but now require finishing whilst the rest of the property is in need of basic updating - buyers should note that homes of this scale achieve up to £1m in the local area once completed.
SOLICITORS Malcolm Buck, Fussell Wright
contact: malcolm.buck@fussellwright.co.uk
£260 K SOLD
LOT 23
BUTSTONE HOUSE, 6 WEST STREET - 1 CHURCH STREET, BANWELL, BS29 6DA
GUIDE PRICE : £250 K +++
Banwell
PROPERTY AREA 4479.2 ft 2 /416.1 m 2
Block of flats: investment/break-up Butstone House is a commanding Freehold property (4479ft 2 ) occupying a prominent corner plot within the village and comprises 5 self contained residential units and a commercial shop. • Investment The property is sold with vacant possession but was recently fully let producing £34,200 PA . The properties would now benefit from some basic updating and there is scope to increase the rents once completed. • Unit 6 – Retail unit Planning has been granted (18/P/2250/FU ) to convert the existing retail unit into a self contained one bedroom flat. • Combine Units 4 & 5 to create a house There is scope (STC) to combine units 4 and 5 back into the original 3/4 bedroom house with enclosed rear garden.
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• Important Notice: Buyers must be aware that units 1,3 and 4 are currently subject to North Somerset Council Improvement orders and will require works before they can be occupied – please refer to legal pack.
SOLICITORS
contact:
dee Buttle, Holley & Steer
Direct Dial: 01278 765 134
BY PRIVATE TREATY SOLD
LOT 24
GARDEN FLAT, 25 WHATLEY COURT, WHATLEY ROAD, CLIFTON, BRISTOL BS8 2PS
GUIDE PRICE : £140 K +++
Clifton
PROPERTY AREA 743.0 ft 2 /69.01 m 2
Retirement Flat ***Sold with Vacant Possession*** A leasehold ground floor retirement apartment with private garden and private entrance on a level approach within the Whatley Court development close to Whiteladies Road. The flat benefits from its ground floor position and offers a conservatory, off street parking, private and communal gardens as well as a guest suite which can be booked through the House Manager. • Requires basic updating The property has been let for a number of years and would now benefit from some basic updating in this highly sought after location. • Investment The property can be modernised and let (over 60's only) • Management Fees: £3060 pa • Ground Rent:£235.84 pa • 99 Lease Lease from 1st April 1989.
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SOLICITORS
contact:
Amanda Coates, AMD
amandacoates@amdsolicitors.com
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