ARCHIVE | May '18 Results

MAY 2018 auct ion

residential sales | auctions ON SOLD EDITION SOLD

2018

bristol and the west country's biggest property event

BRISTOL ’ S MOST EXPERIENCED

UP TO 750 PEOPLE

ATTEND OUR AUCTIONS

AUCTIONEER

WE SELL THE MOST £££’ S

MAILING LIST OF 15,000

INVESTORS , DEVELOPERS

OF PROPERTY BY AUCTION

IN THE REGION

AND FAMILY BUYERS

* Source: EI Group 2011, 2012, 2013, 2014, 2015 2016 and 2017, based on ‘amount raised’.

welcome to our may auction

OUR 2017 RESULTS

Welcome to Bristol and the West Country's Biggest Property Event The Hollis Morgan summer catalogue has the widest range of opportunities from across the region from rural developments to city investments, suburban family homes to building plots – we have something to suit every budget and strategy! Last year Hollis Morgan sold more £££'s of land and property by auction than all the other Bristol Auctioneers combined with over £49m of successful sales and since we formed in 2010 we have sold the most £££'s of land and property by Public Auction in the region – EVERY YEAR! Hollis Morgan are supporting Bristol charity based Off the Record! as our 2018 charity of the year with 5% of each buyers premium donated to help provide free and confidential mental health support and information to young people aged 11-25 in Bristol – www.otrbristol.org.uk We also welcome the University of the West of England to the saleroom where a number of their alumni are gaining real life experience in the property world! Good luck tonight and we look forward to seeing you at the complimentary bar afterwards to celebrate your successful sale or purchase (if you can get past the students hogging the free bar!).

TOTAL SOLD £ M

LOTS OFFERED

Hollis Morgan

123 22,969,400 195 49,241,000

MAGGS & ALLEN

68 10,286,000

AUCTION HOUSE BRISTOL

77 7,824,000

COOPER AND TANNER

46 3,583,800

DAVID PLAISTER LTD

13 2,247,000

BESLEY HILL

16 2,002,000

STEPHEN & CO

* Source: EI Group 2011-2017 based on ‘amount raised’.

Our Charity of the year for 2018 is Off The Record Bristol

www.otrbristol.org.uk

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Oliver Hollis olly@hollismorgan.co.uk

BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT

introducing our auction team

the members of our team

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Calum Melhuish, Nick Heal, Mike Hayne;

TOP ROW

Sarah Western, George Harris. Karine Cadoret and Sarah Cocks.

BOTTOM ROW LEFT TO RIGHT

Andrew Morgan MBE Andrew is one of the most respected and well known estate agents and auctioneers in Bristol having spent a lifetime in residential agency and on the auction rostrum and is recognised as one of the most experienced provincial auctioneers in the country. His knowledge of property is second to none which is invaluable to one of the fastest growing agencies in the region. His love of Bristol and his obvious concern for others has led him to be involved in a huge number of charitable events throughout his career raising thousands of pounds by his entertaining charitable auctions. For this work he was awarded The MBE in The Queen’s Birthday

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

Honours in 2013. He is chairman of several charities and is advisor to many others regarding

Marketing Degree before moving back to Bristol to start his career in property.

BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT

buying at auction – an exciting opportunity

Four essential things to prepare for an auction • solicitors • survey • finance • ID Auctions offer a whole range of different and exciting property opportunities - why not see what is on offer? It may seem a daunting process to buy in a saleroom but if you follow these guidelines it is a very straightforward and enjoyable process. Do not be afraid to ask for guidance from us - we are there to help you. Can I attend an auction to see what happens? An auction is a public event you are most welcome to attend. We recommend that anyone thinking of buying by this method attends auctions in order to familiarise themselves with the process. How do I find out about new properties? Join our mailing list by either calling the office or send us an email via our website. How do I view the property? Viewings will be arranged and times published. You can view at these times without making an appointment. Arrive early to take advantage of the maximum viewing time. What is a price guide? An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price

(see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction. What is a reserve price? The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. Can I make an offer? Pre-auction offers can be only submitted by completing the OFFER FORM which can be downloaded within the online legal pack. Please note offers will not be considered until you have viewed the property and the COMPLETE legal pack has been released. In the event of an offer being accepted, the property will only be removed from the auction and viewings stopped once contracts have successfully exchanged subject to the standard auction terms and payment of the buyers premium to Hollis Morgan. Can I bid on the telephone? If you cannot attend the auction (although we strongly advise you do) you can make a TELEPHONE or PROXY BID. This authorises the auctioneer to bid on your behalf up to a pre-set limit. Forms and relevant conditions are available to download with the online legal pack. A completed form, ID and two cheques (one for the 10% deposit and one for the Buyer's Administration Fee of £1,000+VAT) are required by the Auction Department at least two full working days before the auction. Should I have a survey? If you would like to arrange a survey or mortgage valuation of this Lot BEFORE the auction please instruct your appointed surveyor to contact Hollis Morgan and we will arrange access for them to inspect the property. Please

note that buyers CANNOT attend the surveys and the surveyors are responsible for collecting and returning keys to the Hollis Morgan offices in Clifton. What is a legal pack? A legal pack is prepared by our clients solicitor and Digital Copies of the Online legal pack can be downloaded Free of Charge. *** STAY UPDATED *** By registering for the legal pack we can ensure you are kept updated on any changes to this Lot You will need to bring a cheque or debit card to the auction for the deposit of 10% of the buying price (minimum £2,000) which is payable to our client's solicitor. CASH IS NOT ACCEPTABLE. Is there a Buyers Premium? You will need to bring a separate cheque to the auction payable to hollis morgan for £1,000+VAT (total £1,200). Do I need ID? You will need to bring photographic identification with you on the sale night. See our separate download for full details. Can someone bid on my behalf? Someone else can bid for you. They should make themselves known to the auctioneer prior to the sale. They must be prepared to sign the contract on your behalf and pay the required deposit. They must also bring ID with them. For more information watch our Buyers Guide Video @ www.hollismorgan.co.uk Good Luck and Happy Bidding! in the build up to the sale. Will I need a deposit?

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You can download the full Buyers and Sellers Guides from our website www.hollismorgan.co.uk

BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT

Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2018

selling at auction – a brief guide

Hollis Morgan regularly hold the largest property auctions across Bristol and the West Country from our iconic Sale Room in Clifton, since we formed in 2010 we have sold the most £££'s of land and property by Public Auction in the region – EVERY YEAR! Between 2010 and 2017 we have held 45 auctions, offering 1135 lots and raising over £225m for clients across the region Did you know…Hollis Morgan sold more £££’s of land and property by auction than all the other Bristol Auctioneers combined in 2017 with over £49m of successful sales! We have approximately 40-60 lots per catalogue ranging from £10k to £3m and up to 750 people attend our iconic sales. The key benefits of a sale by public auction  Speed – Exchange on the night with 28 day completion  Closure – 10% deposit taken on the night and deal is done.

played out in front of your own eyes meaning no "what ifs!" Why Hollis Morgan?  We sell the most £££'s of property by auction in Bristol and the West Country.  Most Successful Auctioneers in the region since 2010.  Bristol's most experienced auctioneer Andrew Morgan MBE.  Advertised online with auction specific posts on BOTH Rightmove, Zoopla plus many other search portals.  High profile weekly press campaign focusing on the Bristol Property Live newspaper with regular adverts in the Western Daily Press, North Somerset Times and Bath Chronicle.  Online Mailing list of 15,000 investors, developers, self-builders and family buyers.  Local, national, regional and international audience.  Most lots for sale and highest attendance.  Approximately 750 people attend our auctions.  Prestigious Clifton auction venue  Regional office covering Bristol and the West Country.  Experienced team offering expert advice. Download the full Sellers Guide or watch the video at www.hollismorgan.co.uk

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 Intense 6 week marketing campaign with local, national and international coverage  Access to a both traditional family buyers and the professional market.

 Control – you have set out your plans for buyers to follow - you are in charge  Reserve – you set a reserve which protects you from selling for less than you want.

 Best possible price is achieved – and it is

You can download the full Buyers and Sellers Guides from our website www.hollismorgan.co.uk

BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT

Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2016

AUCT I ON F I NANCE  PROPERTY INVESTMENT  DEVELOPMENT FINANCE  BRIDGING

We can offer independent advice for all your property auction related financial requirements

If you are looking to finance your property needs at auction we can offer independent financial advice specifically suited to developers and investors, with…

our services include

auction finance options

 bridging and commercial finance  specialist for the self-employed



RESIDENTIAL AND BUY - TO - LET MORTGAGES

 residential, buy-to-let and remortgaging

 ‘agreement-in-principle’ from most lenders within hours

SECURED LOANS AND BRIDGING LOANS

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

LIFE COVER FOR FAMILY AND BUSINESS INCLUDING TRUSTS

COMMERCIAL MORTGAGES AND FINANCE

INDEPENDENT FINANCIAL ADVICE

PROTECTION AGAINST ILLNESS FOR FAMILY AND BUSINESS

Typically we charge a fee of £395 for processing the mortgage and this will be payable in two instalments. Initially £200 will be payable when we submit your application form to the lender and the balance of £195 will be payable within 14 days of the loan completing. If your mortgage proceeds to completion we will also receive any commission payable from the lender. Our fees are dependent upon your circumstances and therefore could be more than this. THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE COMMERCIAL FINANCE OR ADVICE ON WILLS AND TRUSTS. THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE SOME ASPECTS OF BUY TO LET MORTGAGES AND BRIDGING LOANS. Steve Mears Independent Mortgage Services is a trading name of Steve Mears Ltd, Registered in England and Wales – Registered Number 6180562; Registered office: 28 Alma Vale Road, Clifton, Bristol BS8 2HY; Directors: Steve Mears and Emma Mears. Steve Mears Independent Mortgage Services is an appointed representative of Owen and Associates, which is authorised and regulated by the Financial Conduct Authority. Your home or property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

introducing steve mears – independent financial advisor the money man

Will they ever learn?

As I start my 30 th year in the World of Mortgages and Finance, I have seen all sorts, but it never ceases to amaze me how short the lenders’ memories are.

” “ …I think the rates we can offer for all types of borrowing are the best we will see for the remainder of my career… Also, anyone looking to re-mortgage should now be chatting to us around 5-6 months before the end of their deal, as we can even secure rates that early with some lenders. As usual, my advice to anyone with any borrowing at the moment, is to make sure that they have the very best deal available to them, as a consultation costs nothing but a little time. Also, with Buy to Let mortgages, it’s now even more important to get your payments down as much as possible, with the new taxation rules staring to bite. We also now believe that an accountant is a friend indeed for all landlords, to ensure that all expenses are off-set. 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.

I have just seen representatives from 2 lenders, who calmly announced that they can now offer 5.5 and even 6 times income! This is obviously a useful tool for a professional broker, but deadly in the wrong hands. With rates still at historical low, payments seem affordable, but we all know it will change at some point. One of the lenders also specialises in lending to people who have a track record of not repaying loans or credit cards, what could possibly go wrong? At least though, I am not moaning about lenders not wishing to take any risks, which stifles the whole market, but I think a reality check is overdue with some institutions. As I have said before, 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. I just get the feeling that, when watching the news recently, that rates can only go one way. I am not in any way predicting 15% Base Rates again, but any major increase would make a big difference to a households’ finances. 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, especially when borrowing towards the maximum available.

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Please remember YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE .

to contact Steve, email info@stevemears.com , telephone 0117 973 4300 or to find out more about Steve Mears Independent, visit www.stevemears.com

why sell with

hollis morgan?

Because again in 2017 we sold more £££s of land and property by auction than ALL the other auctioneers in the region combined!

195 LOTS OFFERED IN 2017 RAISING

… WITH

OVER £49m FOR CLIENTS ACROSS THE WEST COUNTRY hollismorgan – the results speak for themselves… THE most successful AUCTIONEERS IN THE REGION FOR THE LAST 7 YEARS *

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* Source: EI Group 2011-2017 based on ‘amount raised’.

results

OUR 2017

2017 RESULTS

TOTAL SOLD £ M

LOTS OFFERED

Hollis Morgan

123 22,969,400 195 49,241,000

MAGGS & ALLEN

68 10,286,000

AUCTION HOUSE BRISTOL

77 7,824,000

COOPER AND TANNER

46 3,583,800

DAVID PLAISTER LTD

13 2,247,000

BESLEY HILL

16 2,002,000

STEPHEN & CO

hollis morgan

residential sales | auctions

Who and what are RESOC?

The UWE Real Estate Society (RESOC) was founded in 2017 by 3, second year UWE 'Real Estate' students and has grown into a great tool for the student body to take their interest in property

to the next level and get real world experience and make their own connections. The society works closely with the course lecturers and similar societies at other universities to organise great events and help improve the employability of our members.

• Offering talks from industry experts so that UWE students have better commercial knowledge. Who can join the society? All UWE students past and present are more than welcome to join our society, but we specifically focus on attracting students interested in employment in the built environment. We are very keen to hear from UWE property alumni and rebuild connections with them . More information about what we do is available on our website: www.resoc.co.uk and you can get in touch with us via email at: info@resoc.co.uk or speak to one of us this evening at the auction.

Who are the committee? We are a committee of 5 people consisting of various roles from different RICS accredited courses at the University of the West of England (UWE). We run the society because we are all focused on improving our career and building our networks from as early as possible and getting to know everyone on our courses. What is the aim of the society? The aim of our society is to help our members to develop employability, extend networks and build friendships. We do this by: • Organising social events for everyone to get to know people in different years and courses. • Giving our members opportunities to interact with industry experts by hosting events that will attract both professionals and students.

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BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT

Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2018

THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY

the sellers guide to

residential property

Andrew Morgan MBE , Oliver Hollis and their team are experienced local property professionals with a huge knowledge of residential property in North West Bristol and other prime areas of our City. From our Clifton Village office, we cover a broad range of the property market. Unlike many other firms, who focus on specific market niches, we are thoroughly experienced in successfully handling all aspects of the property market from Clifton townhouses to suburban family homes, rural retreats to mews houses, purpose built apartments to period conversions and penthouses to garden flats.

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residential sales | auctions 0117 973 6565 hollismorgan – not just auctioneers… ” … at Hollis Morgan we have almost 100 years of combined experience within our residential property team From years of experience we know that the key to successful selling is to create momentum based on the combination of a professionally considered asking price, powerful marketing and gentle, but skilful and effective negotiations to close a sale. “ r e s i d e n t i a l sales

residential sales | auctions

SOLD by us at our auction…

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OUR CL IENT SAID : "Excellent service yet again on the sale of a house. Calum and Mike kept in touch by phone and email throughout the whole process. The fees were very fair…Thanks guys!”

BEFORE

“ ” IN THE AUCTION CATALOGUE WE SAID : in need of updating…

26 Shipley Road Road, Westbury-on-Trym was bought at a hollismorgan auction.

residential sales | auctions 0117 973 6565

THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY

…refurbished and SOLD by us by private treaty

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AFTER

SOLD BY US Set in an elevated position, in arguably one of the most desirable locations in Westbury Village, No 26 underwent extensive renovation before coming back to market as a stunning three storey family home. SOLD in a little over a week for in excess of the asking price. hollismorgan – not just auctioneers…

sales

r e s i d e n t i a l

residential sales | auctions

SOLD by us at our auction…

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BEFORE

“ ” IN THE AUCTION CATALOGUE WE SAID : now needs updating…

51 Avon Way, Stoke Bishop was bought at a hollismorgan auction.

residential sales | auctions 0117 973 6565

THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY

…refurbished and SOLD by us by private treaty

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AFTER

SOLD The property recently underwent meticulous refurbishment resulting in a superb, warm and welcoming family home. Positioned in a generous 1/3 acre plot, in a quiet residential area with excellent amenities close by. A superb property SOLD at £550,000. hollismorgan – not just auctioneers…

sales

r e s i d e n t i a l

residential sales | auctions

SOLD by us at our auction…

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BEFORE

Land at: 76 Horfield Road, Cotham, Bristol BS2 8EQ was bought at a hollismorgan auction. “ ” IN THE AUCTION CATALOGUE WE SAID : A level site of 0.15 Acres located a few hundred yards from the University and BRI with Full Planning to erect 9 stylish flats.…

residential sales | auctions 0117 973 6565

THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY

… SOLD by our New Homes department

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AFTER

SOLD OUR CLIENTS SAID : " It was a pleasure to be associated with Hollis Morgan for our nine unit apartment development in Cotham, from site acquisition stage through to the sale of the units. We received informed guidance on what the market required in terms of prices, fixtures, fittings, finishes and anything else that cropped up. Not least due to their help and guidance, the development was a terrific success and we look forward to many more projects with this excellent team in the future. " W ESTBURY G UILDS L TD .

hollismorgan – not just auctioneers…

sales

r e s i d e n t i a l

residential sales | auctions

SOLD by us at our auction…

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BEFORE

“ ” IN THE AUCTION CATALOGUE WE SAID : now needs updating… FOR SALE AT AUCTION : A larger than average Hall Floor Flat with sole use of the front garden and four bedrooms – now in need of updating .

11 All Saints Road, Clifton was bought at a hollismorgan auction.

residential sales | auctions 0117 973 6565

THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY

…refurbished and SOLD by us by private treaty

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AFTER

SOLD 11 All Saints Road is an exceptional period apartment situated on the hall floor level of a grand

Victorian building, the property has been carefully restored by its current owners, combining exquisite period features with modern touches to produce a stunning home. hollismorgan – not just auctioneers…

sales

r e s i d e n t i a l

THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY

” “ … It is essential that your properties are advertised online with both Rightmove and Zoopla – many agents only use one or the other … OLLY HOLLIS

the marketing campaign Online advertising accounts for 65% of buyer enquiries so a strong online presence is vital for your property – we rely on a combination of our bespoke property website alongside our dedicated micro site within the

Rightmove portal AND Zoopla – these two websites provide the

the valuation It is no longer good enough to simply base a valuation on ‘what the flat next door sold for’. We will supply you with a detailed history of asking prices and Land Registry prices in your area and demonstrate a comparison between your property and others. Add to this our knowledge of individual homes and our awareness of the marketplace, we are able to provide you with the accurate valuation to begin the marketing campaign.

majority of our enquiries and it is vital that your property is

profiled on BOTH portals – many agents only use one or the

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other. We also have a high profile weekly press campaign

focusing on the Bristol Property Live newspaper with additional

adverts in the Weston Daily Press and North Somerset Times.

Our Mailing list is meticulously managed with new applicants

registering at our Clifton Village office and in reality, we find 25 %

of our buyers are already registered with us.

DID YOU KNOW : Interestingly, 71% of our properties achieve the asking price or higher but in such a transparent market the right asking price is crucial – research shows the optimum price is achieved after 12 days of marketing and after 4 weeks the value tends to drift down.

sales

residential sales | auctions 0117 973 6565

r e s i d e n t i a l

£190 K SOLD

LOT 1

8, WESTWOOD CRESCENT, ST. ANNES, BRISTOL BS4 4AH

GUIDE PRICE : £185 K +++

St Annes

PROPERTY AREA 836.3 ft 2 /77.7 m 2

Terrace for modernisation A mid terraced Freehold period property (836ft 2 ) arranged over two floors with enclosed rear garden and sold with vacant possession. Westwood Crescent is a quiet road off Newbridge Road in the popular residential suburbs of Brislington/St Annes borders. Requires modernisation The property now requires modernisation but would make a fine family home in this sought after location. Extension/attic conversion There is scope for both extension to rear and attic conversion (subject to consents). Flat conversion Scope for 2 Flats (subject to consents). HMO/Student let Potential for 4+ tenants. Rental Appraisal Piper Property £900 PCM ; HMO £495 PER ROOM / PCM

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SOLICITORS

contact:

Justina Prosser, Cooke Stone Painter

JustinaP@cps-sols.co.uk

£37 K SOLD

LOT 2

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GARAGE NUMBER 1, SAVILLE PLACE, CLIFTON, BRISTOL BS8 4EJ

GUIDE PRICE : £25 K +++

Clifton Village

Clifton Village garage SOLD WITH VACANT POSSESSION

A Leasehold single garage with up and over door in a rank of 3 units at the end of this iconic terrace built circa 1838 by John Eveleigh. A rare opportunity to acquire a single garage in this highly sought after location where both parking and storage is at a premium and will be of interest to all local residents. • 4.65m x 2.45m • We understand there is no ground rent or management fees – refer to legal pack. • Leasehold: 999 years from Jan 1978 Investment Would achieve a rent in the region of £150pcm.

SOLICITORS

contact:

Sue Rzeznicki, Gregg Latchams

sue.rzeznicki@gregglatchams.com

£120 K SOLD

LOT 3

14, LEE CLOSE, PATCHWAY, BRISTOL BS34 5EH

GUIDE PRICE : £110 K +++

Patchway

PROPERTY AREA 528.1 ft 2 /49.1 m 2

Detached bungalow for updating/extending SOLD WITH VACANT POSSESSION

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A Freehold detached bungalow (528ft 2 ) with large enclosed rear garden – sold with vacant possession - occupying a pleasant position within a square of similar properties within the popular suburb of Patchway. Requires modernisation The property now requires modernisation but would make a fine home or investment in this sought after location. Scope to extend The property has scope to extend to the rear and the attic subject to consents.

Rental Appraisal Piper Property £750pcm.

3 bed family home £1,050-£1,100pcm.

SOLICITORS

contact:

Elad Yasdi, Devonshires Solicitors LLP

elad.yasdi@devonshires.co.uk

£120 K SOLD

LOT 4

GUIDE PRICE : £110 K +++ 20, LEE CLOSE, PATCHWAY, BRISTOL BS34 5EH

Patchway

PROPERTY AREA 519.4 ft 2 /48.3 m 2

Detached bungalow for updating/extending SOLD WITH VACANT POSSESSION

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A Freehold detached bungalow (519.4ft 2 ) with large enclosed rear garden – sold with vacant possession - occupying a pleasant position within a square of similar properties within the popular suburb of Patchway. Requires modernisation The property now requires modernisation but would make a fine home or investment in this sought after location. Scope to extend The property has scope to extend to the rear and the attic subject to consents.

Rental Appraisal Piper Property £750pcm.

3 bed family home £1,050-£1,100pcm.

SOLICITORS

contact:

Elad Yasdi, Devonshires Solicitors LLP

elad.yasdi@devonshires.co.uk

£260 K SOLD

LOT 5

1, DORMER ROAD, EASTVILLE, BRISTOL BS5 6XH

GUIDE PRICE : £260 K +++

Eastville

PROPERTY AREA 1178.0 ft 2 /100.4 m 2

House + plot combo A Freehold semi detached family home 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. Family home for updating The property would now benefit from some basic updating but would make a fine home or investment in this sought after location. Extension/attic conversion There is scope (subject to consents) to extend the property at the side and rear and potential attic conversion. Building Plot to side There is merit in exploring planning consent for an additional dwelling on the side of the property. Flat development There is scope to extend to the side for conversion to 4 + flats (subject to consents).

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SOLICITORS

contact:

John Hunter, HCB Solicitors

johnhunter@hcbgroup.com, benjames@hcbgroup.com

£255 K SOLD

LOT 6

GUIDE PRICE : £220 K +++ 101, STOWEY ROAD, YATTON BS49 4EB

Yatton

PROPERTY AREA 1127.5 ft 2 /104.7 m 2

Family home for updating/extending SOLD WITH VACANT POSSESSION A semi detached Freehold Chalet style property (1127ft 2 ) with large enclosed rear garden, garage and driveway. Family home for updating The property now requires modernisation but would make a fine home in this highly sought after location. Scope to extend The property has potential to extend to the rear to create a large open plan living space (subject to consents).

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SOLICITORS

contact:

Andrew Cutland, John Hodge Solicitors

andrew.cutland@johnhodge.co.uk

LOT 7

COMMERCIAL UNIT, 262, CHURCH ROAD, ST. GEORGE, BRISTOL BS5 8AF

GUIDE PRICE : £20 K +++

St George

PROPERTY AREA 165.0 ft 2 /15.3 m 2

Commercial investment SOLD WITH VACANT POSSESSION Forming part of 262 Church Road is a small commercial unit sold with vacant possession on an 150 year lease with excellent road frontage in a prominent high street trading location. Situated on the vibrant Church road where an array of local amenities and services are all within walking distance whilst St Georges Park is within a few hundred yards and Bristol City Centre is approximately two miles away. • Ground Rent £250pa (5 Yearly RPI). • Investment The unit would command a rent in the region of £200 pcm (£2,400pa). • Residential conversion Buyers should investigate the possibility of converting into a residential studio unit subject to consents.

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SOLICITORS

contact:

Jonathan Beck, Carbon Law

Jonathan.Beck@carbonlawpartners.com

£678,250 SOLD

LOT 8

GUIDE PRICE : £600 K +++ 22, ISLINGTON ROAD, SOUTHVILLE, BRISTOL BS3 1QB

Southville

PROPERTY AREA 2579.0 ft 2 /236.9 m 2

HMO + flat investment combo A Freehold semi detached period property (2579ft2) arranged over 4 floors with an enclosed rear garden. The property comprises a recently renovated 2 bedroom self contained flat with garden on the lower ground floor and a self contained 6 bedroom HMO on the upper 3 floors with communal kitchen, lounge and bathroom facilities. • Investment The property is currently let on AST Agreements producing an income of £42,840 pa (Flat & HMO) and is sold subject to the existing tenancies. • Scope to increase HMO income The HMO element of the property has scope to increase the income – upgraded rooms: £650 PCM . Potential HMO Income £46,800 pa Potential TOTAL income including flat: £59,400pa.

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EXISTING INCOME

TOTAL £42,840 PA

FLAT: £1050 pcm HMO Room 1 £425 pcm (commenced June 2017: vacating 23rd May) Room 2 £465 pcm (October 2016: due to vacate 1st June) Room 3 £415 pcm (January 2015) Room 4 £405 pcm (February 2017) Room 5 £420 pcm (February 2017): due to vacate 20th May Room 6 £390 pcm (November 2017: due to vacate –refer to legal pack)

SOLICITORS

contact:

Stephen Brice, AMD Solicitors

stephenbrice@amdsolicitors.com

@ JULY AUCTION SOLD

LOT 9

LAND BETWEEN 17 - 25, AIR BALLOON ROAD, ST GEORGE, BRISTOL BS5 8LB

GUIDE PRICE : £135 K +++

St George

PROPOSED SCHEME

Plot with Planning A Freehold parcel of land occupying a prominent and elevated position in this highly sought after location within the popular suburb of St. George. • Planning Granted Planning has been granted to erect a pair of one bedroom houses arranged over two floors with courtyard gardens. Application no: 18/00356/F • GDV and resales We understand the resale values of the individual houses are in the region of £190,000-£200,000 TOTAL GDV £380,000-£400,000 • Rental Appraisal Piper Property: £750pcm

31

SOLICITORS

contact:

Keri Mcnell, Wards

keri.mcneill@wards.uk.com

@ JULY AUCTION SOLD

LOT 10

GUIDE PRICE : £135 K +++ 5, QUEEN STREET, AVONMOUTH, BRISTOL BS11 9AL

Avonmouth

PROPERTY AREA 1131.3 ft 2 /105.1 m 2

High yielding residential investment

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A Freehold mid terraced period property (1131ft 2 ) arranged over two floors with enclosed rear garden in the heart of Avonmouth Village. Sold subject to existing tenancies. • Investment The property is currently let to 4 individuals with shared communal facilities on a weekly basis producing £22,360 per annum. • The accommodation is basic and would benefit from some updating in order to maintain the current income levels. • Family home: refurbishment required Scope to update the property to create a traditional 3 bedroom/2 reception family home with large garden.

CURRENT INCOME

INCOME P / W NOTE

ROOM 1

2011 £110

ROOM 2

2013 £110

** **

ROOM 3

Nov 2017 £110

ROOM 4

1 st Dec 2013 £100

£22,360 PA

TOTAL

£430 PER WEEK

** Section 21 issued

SOLICITORS

contact:

Rebecca Isaac, AMD Solicitors

email: rebeccaisaac@amdsolicitors.com

£120 K SOLD

LOT 11

699 A, FISHPONDS ROAD, FISHPONDS, BRISTOL BS16 3UH

GUIDE PRICE : £99 K +++

Fishponds

PROPERTY AREA 1405.6 ft 2 /130.6 m 2

Freehold commercial investment A Freehold ground floor commercial premises (1405ft 2 ) occupying a prominent trading position with trade counter, storage to rear and additional basement plus access to rear. Sold subject to existing tenancies. The property occupies a prime location on this busy and popular High Street location with independent retailers, pubs, bars, cafes and convenience stores. Commercial Investment The property is let for £10,500 per annum (commenced 21/6/2013 and expires 20/6/2021)

33

SOLICITORS

contact:

Ellie Bennun, TLT LLP

e: ellie.bennun@tltsolicitors.com

see our website for full property details www.hollismorgan.co.uk

join us at one of our remaining 2018 auctions

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18

JULY

26

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SEPTEMBER

NOVEMBER

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BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT

@ JULY AUCTION SOLD

LOT 12

Shirehampton GUIDE PRICE : £50 K +++ BUILDING PLOT TO REAR OF: 71, ST. MARYS ROAD, SHIREHAMPTON, BRISTOL BS11 9PD

PROPOSED SCHEME

Plot with Planning Granted A Freehold parcel of land and garages located to the rear of St Mary's Road and accessed from Corston Walk. The local High Street is within walking distance and offers an abundance of local amenities and services. • Planning Granted (17/00946/F) Planning has been granted to create a one bedroom executive style bungalow with open plan living space and bi-fold doors opening onto an enclosed rear garden plus a large double bedroom and shower room and off street parking. We understand the value of the completed property is in the region of £175,000. • Scope to increase Planning We would suggest buyers investigate the option of creating a dormer style 2 bedroom property (subject to consents). • Potential GDV: £200k +

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SOLICITORS

contact:

Julian Chapman, Devereux & Co

Julian@devlaw.co.uk

WITHDRAWN

LOT 14

GUIDE PRICE : £240 K +++ 49, SYLVAN WAY, SEA MILLS, BRISTOL BS9 2LB

Sea Mills

PROPERTY AREA 929.0 ft 2 /86.3 m 2

Semi for updating A Freehold semi detached property 3 bedroom, 2 reception property (929ft 2 ) over two floors with a larger than average enclosed rear garden. Sylvan Way is a popular residential road within the leafy suburb of Sea Mills. • Requires updating The property now requires updating but would make a fine family home in this sought after location. • Extension/attic conversion There is scope for both extension to side, rear and attic conversion (subject to consents) • Flat conversion Scope for 2 Flats (subject to consents) • HMO/Student let Potential for 4+ Tenants. • Off street parking Potential for off street parking (subject to consents).

36

SOLICITORS

contact:

Julian Chapman, Devereux & Co

Julian@devlaw.co.uk

£50 K SOLD

LOT 15

LAND ADJACENT TO 34, PARNALL ROAD, FISHPONDS, BRISTOL BS16 3JG

GUIDE PRICE : £45 K +++

Fishponds

PROPOSED SCHEME

Planning Granted for micro house A Freehold parcel of land adjacent to 34 Parnall Road in sought after Fishponds. Parnall Road is located just off Lodge Causeway within the popular suburb of Fishponds. Local amenities and services are all within close proximity including independent retailers, pubs, bars, cafes and restaurants. Bristol City Centre is approximately four miles away. • Planning Granted REFERENCE : 17/06132/F Planning has been granted to erect a bespoke micro house with studio. We understand the resale value of the completed property is in the region of £250,000.

37

SOLICITORS

contact:

Jonathan Webb, Cook and Co

jonathan.webb@cookco.co.uk

WITHDRAWN

LOT 16

UNIT 6, SEPTIMUS, HAWKFIELD BUSINESS PARK,WHITCHURCH, BRISTOL BS14 0BL

GUIDE PRICE : £200 K +++

Whitchurch

JOINT AGENTS Williams Gunter Hardwick 0117 922 1222 www.wghproperty.co.uk

PROPERTY AREA 3366.8 ft 2 /312.0 m 2

Vacant commercial premises with potential REDUCED PRICE FOR AUCTION Leasehold hybrid commercial premises (323m 2 /3,482 ft 2 ) with vacant possession – Long leasehold for a term of 125 years from September 1989. Situated within Hawkfield Business Park just off Whitchurch Lane. The property has previously been marketed for £300,000 Investment Sold with vacant possession, there is scope to achieve a rental income in the region of £25,000- £30,000 per annum. Create extra floorspace There is scope (subject to consents) to create additional first floor space above at the front of the property.

38

SOLICITORS

contact:

Jonathan Wilson, Gregg Latchams

jonathan.wilson@gregglatchams.com

£240 K SOLD

LOT 17

3, THE CROFT, CLEVEDON BS21 6AT

GUIDE PRICE : £220 K +++

Clevedon

PROPERTY AREA 932.4 ft 2 /86.6 m 2

Bungalow for modernisation A Freehold detached bungalow occupying an elevated plot with gardens to front and rear. The property is sold with vacant possession and is located just off Walton Road within the popular seaside town of Clevedon. Local amenities and services are all within close proximity. Bristol City Centre is approximately ten miles away. • Requires modernisation This vacant property requires complete modernisation but offers scope for a fine home or

39

investment in this sought after location. • Potential to extend/chalet bungalow

There is scope to extend to both side and rear and also the possibility of an attic conversion (subject to consents and given the size of the plot).

SOLICITORS

contact:

Rebecca Stuart, Wards

rebecca.stuart@wards.uk.com

£110 K SOLD

LOT 18

LAND BETWIXT, 47 AND 51, COURT FARM ROAD, LONGWELL GREEN BS30 9AW

GUIDE PRICE : £100 K +++

Longwell Green

PROPOSED SCHEME

Plot with Planning Granted A Freehold South facing plot positioned on the land betwixt 47 and 51 Court Farm Road which is considered the most desirable residential location in the local area and has excellent local facilities in nearby Keynsham and Longwell Green, both Bristol and Bath are easily accessible by train, bus or car. • Planning Information Full Planning Granted Planning has been

40

granted to erect a detached four bedroom family home set back from the road and arranged over two floors with two parking spaces at the front and enclosed gardens. Full details of the planning

decision and proposed scheme can be downloaded with the online legal pack . Planning Granted on Appeal REFERENCE PK15/2297/F;

APPEAL REF : APP/P0119/W/16/3147526 DECISION • We understand the resale value of the new build is in the region of £550,000-£600,000.

SOLICITORS

contact:

Jim Davis, Star Legal

jim.davis@star-legal.co.uk

@ JULY AUCTION SOLD

LOT 19

1 - 2, OLD CHURCH ROAD, CLEVEDON BS21 6LZ

GUIDE PRICE : £300 K +++

Clevedon

PROPERTY AREA 6951.0 ft 2 /645.8 m 2

Mixed use development opportunity SOLD WITH VACANT POSSESSION

41

1 & 2 Old Church Road occupy a prominent position in the heart of Clevedon with 6951ft 2 of Freehold accommodation arranged over two floors having previously formed part of the Triangle snooker club with an existing 2 bedroom residential unit on the first floor and the rest a combination of bar areas, bathrooms and amenity space within the popular North Somerset town of Clevedon. Development opportunity The vacant property is now ripe for renovation with huge potential for a mixed use scheme in this highly sought after location. All development subject to gaining the necessary consents.

SOLICITORS

contact:

Gareth Richards, John Hodge Solicitors

gareth.richards@johnhodge.co.uk

£124 K SOLD

LOT 20

BUILDING PLOT ADJACENT TO, 33, PARKLANDS, HIGH LITTLETON BS39 6LB

GUIDE PRICE : £115 K +++

High Littleton

PROPOSED SCHEME

Freehold with Planning Granted A Freehold parcel of land with charming rural views to the rear located in the picturesque setting of High Littleton. Local amenities and services are all within close proximity. Bristol City Centre is approximately 11 miles away. • Planning Granted Planning has been granted to erect a detached family home (1400ft 2 ) arranged over two floors with garage and fine rural views to the rear. APPLICATION TYPE : Full Application Application No: 16/04535/FUL. • GDV We understand the completed property has a resale value of £350,000-£400,000 subject to specifications.

42

SOLICITORS

contact:

Lucy Price, Star Legal

Lucy.Price@star-legal.co.uk

£36 K SOLD

LOT 21

6 GARAGES, MILFORD AVENUE, WICK BS30 5PG

GUIDE PRICE : £25-35 K

Wick

Two ranks of three garages Two Freehold ranks of 3 single garages (6 total) located to the rear of Milford Avenue with excellent vehicular access. Milford Avenue is located within the popular countryside setting of Wick. Local amenities and services are all within close proximity. Bristol City Centre is approximately ten miles away. • Garage Investment Fully let investment producing £3,264 PA • Break-up Sale Scope for individual resale of the units. • Existing Tenants and Income 4 of the garages are currently let for £48 PCM inc VAT; 2 of the garages are currently let for £40 PCM inc VAT. TOTAL: £2,719 per annum • We understand there is scope to increase all rents to £50pcm/£3,600pa.

43

SOLICITORS

contact:

Madeleine Hodgkinson, TLT LLP

madeleine.hodgkinson@TLTsolicitors.com

£430 K SOLD

LOT 22

267, CANFORD LANE, WESTBURY ON TRYM, BRISTOL BS9 3PF

Westbury-on-Trym GUIDE PRICE : £395 K +++

PROPERTY AREA 1428.0 ft 2 /132.7 m 2

Family home for modernisation A Freehold semi detached family home (1428ft 2 ) arranged over two floors occupying a large plot and set well back from the road with front and rear gardens plus garage to side. Located within the popular leafy suburb of Westbury-on-Trym. • Family home for updating The property now requires modernisation but would make a fine home in this highly sought after location. • Scope for extension/attic conversion There is potential to extend the property to both side and rear plus scope for an attic conversion - subject to gaining the necessary consents. • Rental Appraisal: Clifton Rentals £1400 pcm

44

SOLICITORS

contact:

Stephen Hodgson, Marsden Rawsthorn

shodgson@marsdenrawsthorn.com

WITHDRAWN

LOT 23

Development Schedule GROUND FLOOR Flat 1: Self Contained one bedroom flat with open plan living and Courtyard Garden. Scope to substitute the courtyard garden for an additional bedroom subject to consents. Resale £160,000 (2 Bed option: £175,000) FIRST FLOOR Flat 2: Self contained 3 Bedroom Flat with open plan living space and balcony. Resale £200,000 TOP FLOOR Flat 3: Self contained 1 Bedroom with open plan living and terrace. Resale £165,000 GDV £525,000

DEVELOPMENT SITE TO REAR, 215-217, CHURCH ROAD, REDFIELD, BRISTOL BS5 9HL

GUIDE PRICE : £150 K +++

Redfield

PROPOSED SCHEME

Plot with Planning A Freehold parcel of land to the rear of 215-217 Church Road accessed via Mary Street. • Development Schedule and GDV See above table • Planning Granted

45

Planning has been granted to develop the whole site and the first phase of works fronting Church Rd have now been completed. Phase 2 at the rear has the opportunity to erect a new build development comprising Planning Granted REFERENCE : 16/06434/F

ALTERNATIVE REFERENCE : PP-05629234. • Rental Appraisal: Piper Property Flat 1: £700-900 pcm

Flat 2: £1100 pcm Flat 2: £700 pcm

FLOOR PLANS NOT TO SCALE, FOR ILLUSTRATIVE PURPOSES ONLY – SEE OUR WEBSITE

SOLICITORS

contact:

TBC

£133 K SOLD

LOT 24

LAND NORTH AND EAST OF CROSSING COTTAGE, LATTERIDGE ROAD, IRON ACTON BS37 9TL

GUIDE PRICE : £70 K +++

Iron Acton

PROPOSED SCHEME

Speculative equestrian/ development opportunity

46

A Freehold 3.98 Acre parcel of land with vehicular access from Latteridge Road in a stunning rural setting located in between Latteridge and Iron Acton. The site is sold as seen and includes a number of dilapidated outbuilding and motor homes. • Equestrian Planning has been granted for equestrian use and stables on the site. • Residential development Interested parties should investigate the opportunity for either a large single dwelling or a high density housing scheme on the site subject to gaining the necessary consents. • Planning Granted REFERENCE : PT17/1427/F

SOLICITORS

contact:

Katrina Bartlett, Wards

Katrina.Bartlett@wards.uk.com

WITHDRAWN

LOT 25

LOT 25

47

see our website www.hollismorgan.co.uk for full details

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