ARCHIVE | July '18 Results
JULY 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
“ JULY’18
OUR 2017 RESULTS
The sizzling hot Hollis Morgan summer catalogue has a wide range of opportunities from penthouses to cottages, building plots to bungalows with lots in Bath, Bristol, North Somerset and Gloucester – we have something to suit every budget and strategy! 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! We 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 cool down celebrate your successful sale or purchase! We are now inviting lots for our September and November sales so please contact auction HQ for a FREE no obligation appraisal .
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
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www.otrbristol.org.uk
”
Oliver Hollis olly@hollismorgan.co.uk
introducing our auction team
the members of our team
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Calum Melhuish, Nick Heal, Mike Hayne;
TOP ROW
Sarah Western, George Harris. Karine Cadoret and Sarah Cocks.
BOTTOM ROW LEFT TO RIGHT
Andrew Morgan MBE Andrew is one of the most respected and well known estate agents and auctioneers in Bristol having spent a lifetime in residential agency and on the auction rostrum and is recognised as one of the most experienced provincial auctioneers in the country. His knowledge of property is second to none which is invaluable to one of the fastest growing agencies in the region. His love of Bristol and his obvious concern for others has led him to be involved in a huge number of charitable events throughout his career raising thousands of pounds by his entertaining charitable auctions. For this work he was awarded The MBE in The Queen’s Birthday Honours in 2013. He is chairman of several charities and is
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
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
Venturing into new market sectors
“
It has been a punishing couple of years for the buy-to-let market with tax changes and tougher lending criteria weighing heavily on profits. But, as experienced brokers, we have a unique opportunity to support our clients as they explore new investment options beyond the traditional residential properties.
” “ … landlords who are new to this part of the market will value the guidance and professional contacts that we can offer … These changes do not apply to commercial properties and, for mixed-use properties, the commercial part of the property will be exempt from the changes. Essentially, you will still be able to claim tax relief for loan finance costs relating to the commercial part of the property. Again, we recommend that you seek professional advice on both Tax and Legal matters, before entering into any contracts. One of the biggest challenges for landlords will be identifying the right properties and tenants for their new commercial or semi-commercial investment venture. Here they will need to carefully balance risk against yield, i.e kebab shop vs Supermarket! Also, you still have to pay the business rates, whether they are occupied or not. This is just a snapshot of the complexities involved in buying a commercial property, and please feel free to call one of our team or speak to us tonight, to arrange a meeting. Happy bidding and we look forward to hearing from you.
Experts report that a growing number of BTL landlords are venturing into new territory, to try their hand in the commercial and semi-commercial property. It is easy to see the appeal of leasing property to businesses rather than residential tenants, with higher potential yields and a more favourable tax treatment. Yet there are plenty of risks to consider and landlords who are new to this part of the market will value the guidance and professional contacts that we can offer. It is not something to go into lightly and landlords need the right support and professional assistance. This is where our link with specialist lenders and brokers can be worth their weight in gold. Given the tax treatment of commercial and semi-commercial properties, it is easy to see why this looking like an attractive option. However, for landlords who are used to the residential sector it is a whole new ball game. For example, there is the difference in stamp duty. E.g. Both commercial and mixed-use properties are exempt from the 3 per cent surcharge. Therefore, flats above shops, for example, avoid the extra stamp duty. The second big tax advantage behind the trend towards commercial property investment is the continued ability to offset mortgage interest against profits. With residential BTL, of course, the gradual erosion of tax relief on mortgage costs is already under way and by 2020 this perk will have disappeared altogether.
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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
£195 K SOLD
LOT 1
43, CADBURY HEATH ROAD, CADBURY HEATH, BRISTOL BS30 8BX
GUIDE PRICE : £115 K +++
Cadbury Heath
PROPERTY AREA 926.8 ft 2 /86.1 m 2
Cottage for updating SOLD WITH VACANT POSSESSION
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A Freehold end of terrace period cottage (926ft 2 ) dating from 1901 arranged over two floors with large rear garden and additional land to the side of the property. Home for modernisation The property is now in need of modernisation but will make a fine home of investment in this highly sought after location. Scope for extension There is the possibility to extend the property to side and rear – subject to consents. Rental Appraisal: Piper Property: £900pcm.
SOLICITORS
contact:
Angela Dunlop, Watkins Solicitors
amd@watkinssolicitors.co.uk
£18,100 SOLD
LOT 2
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SINGLE GARAGE, PEMBERY ROAD, SOUTHVILLE, BRISTOL BS3 3JR
GUIDE PRICE : £10 K +++
Southville
Southville garage A single lock up garage with up and over door located at the end of a popular residential cul-de-sac within the popular suburb of Southville close to North Street. • Excellent investment or owner occupier in this highly sought after area where parking is at a premium. • Scope to achieve a rent in the region of £75 pcm. • Excellent storage • Size: 21 ft x 12 ft approx.
SOLICITORS
contact:
Stephen Parker, Barcan Kirby Solicitors
e: s.parker@barcankirby.co.uk
£90 K SOLD
LOT 3
THE PENTHOUSE, LINKS COURT, 2 MOORLAND ROAD, WESTON-SUPER_MARE BS23 4HN
GUIDE PRICE : £70 K +++
Weston-super-Mare
PROPERTY AREA 744.1 ft 2 /69.1 m 2
Penthouse with sea views REDUCED PRICE FOR AUCTION
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A Freehold penthouse apartment (744ft 2 ) occupying the upper floor of Links Court, a purpose built block of flats, overlooking Weston-super-Mare Golf Club and the Bristol Channel. The property is sold with vacant possession and include a garage (16 x 8ft) and allocated off street parking. • Reduced Price for Auction Previously on the market with a local agent for £99,000. • Requires updating The property has been let for many years and now requires updating. There is a notice from North Somerset council requesting improvements to the flat in relation to insulation to improve the EPC rating – please refer to legal pack. • Investment The property would achieve a rental income in the region of £750 pcm (£9,000pa).
SOLICITORS
contact:
David Langley, Cook & Co
david.langley@cookco.co.uk
£221 K SOLD
LOT 4
GUIDE PRICE : £200 K +++ 9, ASHLEIGH CRESCENT, YATTON, BS49 4DF
Yatton
PROPERTY AREA 910.2 ft 2 /84.6 m 2
Detached chalet for updating REDUCED PRICE FOR AUCTION SOLD WITH VACANT POSSESSION A Freehold detached property (910ft 2 ) principally arranged over two floors, and occupying a prime corner position, located at the end of a quiet cul-de- sac. With potential to create a 2/3 bedroom property. • Reduced Price for Auction The property was previously marketed by local agents at £275,000. • Home for renovation The property has been previously let and would now benefit from basic updating but would make a fine home in this sought after central village location within walking distance of the station. • Investment Once renovated the property has excellent rental prospects. • Rental Appraisal: Robin King Estate Agents £895-£925pcm.
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SOLICITORS
contact:
Gail Williams, Gregg Latchams
gail.williams@gregglatchams.com
£238 K SOLD
LOT 5
36, WESTBOURNE ROAD, DOWNEND, BRISTOL BS16 6RX
GUIDE PRICE : £195 K +++
Downend
PROPERTY AREA 1657.7 ft 2 /154.0 m 2
Mixed use opportunity A Freehold mixed use property (1657ft 2 ) occupying the end of terrace position on this established trading rank comprising a ground floor retail unit and a self contained first floor flat and garages. • Retail unit A self contained ground floor retail unit most recently occupied as offices under A1 consent. bedrooms, kitchen and separate lounge. Potential Income £9,000: pa (£750 pcm) • Garages A detached pair of single garages. £1,200+pa (£50 x 2 pcm) Total Potential Annual Income: £19,200 • Development potential There may be scope to develop the double garage and to increase the size of the rear extension (subject to consents). Potential Income: £9,000+pa (£750pcm) • Flat First floor self contained flat with two
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• Rental Appraisal: Piper Property £775pcm.
SOLICITORS
contact:
Stephen Parker, Barcan Kirby Solicitors
s.parker@barcankirby.co.uk
£190 K SOLD
LOT 6
GUIDE PRICE : £185 K +++ 8, WESTWOOD CRESCENT, ST. ANNES, BRISTOL BS4 4AH
St Annes
PROPERTY AREA 836.3 ft 2 /77.7 m 2
Terrace for modernisation SOLD WITH VACANT POSSESSION
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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
SOLICITORS
contact:
Justina Prosser, Cooke Stone Painter
JustinaP@cps-sols.co.uk
BY PRIVATE TREATY SOLD
LOT 7
Harbourside BRISTOL GUIDE PRICE : £380 K +++ FLAT 23, PERRETTS COURT, CUMBERLAND ROAD, BRISTOL BS1 6UF
PROPERTY AREA 1235.0 ft 2 /114.74 m 2
Harbourside penthouse REDUCED PRICE FOR AUCTION SOLD WITH VACANT POSSESSION A rare opportunity to acquire this three bedroom penthouse apartment set right in the heart of Bristol's newly regenerated Harbourside within the Perretts Court development. The recently redecorated apartment benefits from secure parking for 2 vehicles, and is Sold with Vacant Possession. • Rental Appraisal: Sarah Kenny £1,500pcm.
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SOLICITORS
contact:
Luca Trivigno, Fraser Brown Solicitors
email: ltrivigno@fraserbrown.com
WITHDRAWN
LOT 8
3, JACKLANDS, TICKENHAM, BS21 6SG
GUIDE PRICE : £295 K +++
Tickenham
PROPERTY AREA 1268.0 ft 2 /1178 m 2
Family home with rural views REDUCED PRICE FOR AUCTION SOLD WITH VACANT POSSESSION A Freehold mid terraced cottage style property with larger than expected accommodation (1268ft 2 ) arranged over two floors with front and rear gardens. The property has been recently modernised and is offered in excellent decorative order with far reaching rural views. • Reduced Price for Auction The property is vacant and has been priced to sell quickly – excellent value home in this sought after location . • Parking The property currently only has permission for on road parking immediately in front of the property but there is scope (subject to consents) for off street parking at the front of the
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property. Buyers must make their own investigations with the local authority.
SOLICITORS
contact:
Angela Hewitt, Batchelor Sharp
T. 0117 9671772
£260 K SOLD
LOT 9
DEVELOPMENT SITE @: CANFORD LANE, WESTBURY VILLAGE, BRISTOL BS9 3DH
GUIDE PRICE : £200 K +++
Westbury Village
PROPOSED SCHEME
Plot with Planning A Freehold parcel of land (0.0346 acres/140.03m 2 ) occupying a prominent High Street position in the centre of Westbury-on-Trym village to the North West of Bristol's City Centre and is advantageously placed with a host of amenities on the doorstep. • Planning Granted Planning has been granted (18/01087/F) to erect a pair of semi detached two bedroom cottage style properties in this highly sought after location amongst the shops in Westbury Village. • GDV £700k+ We understand the resale values of the completed properties is in the region £350,000 per unit.
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SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
£120 K SOLD
LOT 10
BUILDING PLOT ADJACENT TO: 36, PARK PLACE, EASTVILLE ,BRISTOL BS5 6RG
GUIDE PRICE : £90 K +++
Eastville
PROPOSED SCHEME
Land with Planning Granted A freehold enclosed parcel of land with vehicular access from Shamrock Road just off the vibrant and bustling Fishponds Road. • Development opportunity Planning has been granted to erect a detached 3 bedroom family home on the site. • Planning Granted DECISION : GRANTED subject to condition(s) APPLICATION NO : 18/00510/F • We understand the resale value of the completed property is in the region of £350,000. • Please note the adjacent property has been sold and is in the process of being renovated.
33
SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
SEPTEMBER AUCTION SOLD
LOT 11
PARCEL OF LAND, CAMPBELL FARM DRIVE, LAWRENCE WESTON, BRISTOL BS11 0LD
GUIDE PRICE : £80 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. Overage Given the likelihood of a high density residential scheme being granted the land will be sold subject to a 20% overage charge – please refer to legal pack for further information. Sold at our February 2018 Auction for £160k – now back on the market due to failure to complete.
34
SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
WITHDRAWN
LOT 12
BUILDING PLOT ADJACENT, 875, FILTON AVENUE, FILTON, BRISTOL BS34 7HJ
GUIDE PRICE : £165 K +++
Filton
PROPOSED SCHEME
Freehold plot – Planning Granted A Freehold parcel of land occupying the corner plot/former gardens of 875 Filton Avenue bordering Bude Road and excellent transport links to UWE and Bristol University. • Planning Granted – PT15/2888/F Planning has been granted to erect a 2 bedroom house and 2 x 1 bedroom flats. House: £250,000-£275,000 Semi detached to existing (875 Filton Avenue) 2 bedroom family home. Flats: £125,000-£140,000 A detached block of 2 x 1 bedroom self contained flats. • Potential GDV: £500,000-£555,000
35
SOLICITORS
contact:
Tim Adams, Adams Burrows
tim@adamsburrows.co.uk
NEW HOME
FOR SALE BY PRIVATE TREATY
the last chance to purchase on this
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luxury family homes development
OIEO £995,000
The Willows, Grove Road, Coombe Dingle, Bristol BS9 2RL
https://www.hollismorgan.co.uk/property-details/27717530
T
he Willows occupies a secluded position in this exclusive development of new build detached family homes in the woodland surroundings of Coombe Dingle.
key features
• Just 4 detached properties • High specification family homes • Exclusive woodland setting • Large mature gardens • Open plan living • Bespoke contemporary finish
accommodation GROUND FLOOR (1054ft 2 ) • Lobby • WC • Entrance Hall • Reception • Study • Kitchen/Diner • Utility FIRST FLOOR (893ft 2 ) • master suite (en-suite/dressing room) • Bedroom 2 (en-suite) • bedroom 3 (en-suite) • bedroom 4 • family bathroom OUTSIDE • private gated drive • mature rear garden • double car port
• Private driveway with electric gate
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4
2
4
GARDEN AND GARAGES
WITHDRAWN
LOT 14
THE BARN, IWOOD LANE, WRINGTON ,BS40 5NU
GUIDE PRICE : £25-30 K +++
Wrington
Land and Barn – equine/ agricultural use
37
This plot of land has a concrete foundation and steel frame in place to complete a barn for agricultural storage purposes. The plot lies in an idyllic rural location between Langford and Wrington and within easy reach of both of those villages. Both the A38 and the A370 provide direct access to Bristol, Bridgwater and Weston super Mare.
SOLICITORS
contact:
Paul Bradford, Bradford Solicitors
email: paul@bradfordlaw.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
38
INVESTORS , DEVELOPERS
AND FAMILY BUYERS
BRISTOL ’ S MOST EXPERIENCED
AUCTIONEER
hollismorgan – the results speak for themselves…
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’.
£6 K SOLD
LOT 15
40
PRIVATE WOODLAND, CANFORD LANE, WESTBURY ON TRYM, BRISTOL BS9 3PF
GUIDE PRICE : £5 K +++
Westbury-on-Trym
Private woodland in suburbia An opportunity to acquire a quirky mature Freehold parcel of Woodland (0.1 Acres) with pedestrian access from Canford Lane on the Public Footpath – adjacent to No 265 (BS9 3PF) – located within the popular leafy suburb of Westbury-on-Trym. The mature parcel of land would suit a wide range of recreational uses. Possible other uses include storage and development - all subject to gaining the necessary consents.
SOLICITORS
contact:
Stephen Hodgson, Marsden Rawsthorn
shodgson@marsdenrawsthorn.com
£257 K SOLD
LOT 16
17, TYNDALE AVENUE, FISHPONDS, BRISTOL BS16 3SJ
GUIDE PRICE : £230 K +++
Fishponds
PROPERTY AREA 993.9 ft 2 /92.3 m 2
Period home for investment A double bay fronted mid terraced period property (993ft 2 ) arranged over two floors with enclosed rear garden. The Freehold property is sold in good decorative order with vacant possession located just off the main High Street within the popular suburb of Fishponds. • Family Home Subject to some basic updating the property would make a fine family home in this sought after cul-de-sac location close to the High Street. There is also potential for an attic conversation subject to consents. • Investment The property is currently arranged as a 4 bedroom student let but there is scope for both student and professional lets.
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• Rental Appraisal: Piper Property £425pcm/per room.
SOLICITORS
contact:
Tom Bowering, Wards
Tom.Bowering@wards.uk.com
£235 K SOLD
LOT 17
17-19, MEADOW STREET, WESTON-SUPER-MARE BS23 1QG
Weston-super-Mare GUIDE PRICE : £225 K +++
PROPERTY AREA 4364.1 ft 2 /405/4 m 2
Mixed use investment – prime trading position A Freehold Mixed use property (4365ft 2 ) occupying a prominent trading position at the Beach end of Meadow Street in the heart of Weston-super-Mare. The property is sold subject to the existing tenancies • Mixed use investment – scope to update and increase rents. The flats have been let for a number of years and there is scope to increase the rents subject to some basic updating. The flat are let on AST agreements and have been in situ for a number of years without rental increases.
42
CURRENT INCOME Retail Unit (17)
£11,000 PA with tenant vacating in April ’19 (currently a confectionery store)
£6,000 PA on a 3 year lease commencing June 2018 (Independent Gadget Shop) 3 Bedroom flat let on AST at £600 PCM (in situ since 2001) 2 Bedroom flat let on AST at £480 PCM (in situ since 2006)
Retail Unit (19)
Flat (17a) Flat (19a)
TOTAL
£29,200 PA
SOLICITORS
contact:
Nicholas Redding, Barringtons & Sons
60 High Street, Burnham on Sea, Somerset, TA8 1AGTel: (01278) 782 371
LOT 18
IVYDENE, CHURCH ROAD, SEVERN BEACH, BS35 4PW
GUIDE PRICE : £295 K +++
Severn Beach
JOINT AGENTS Severnside Estate Agents
PROPERTY AREA 1253.9 ft 2 /116.5 m 2
Modernised bungalow with potential REDUCED PRICE FOR AUCTION
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Ivydene is a detached bungalow (1253ft 2 ) occupying a large plot with detached garage and gardens to front and rear. The property has been recently renovated to provide stylish 4 bedroom accommodation with an open plan living space leading to the rear garden. • Family Home: Reduced Price for Auction The renovated property was originally marketed by a local agent for £375,000 and now offers excellent value in this sought after area for family home or investment. • Attic/garage conversion There is scope (STP) to create further accommodation in both the large
attic space and the detached garage. • Large plot: development potential There may be scope (STP) to develop an additional dwelling at the rear of the plot.
SOLICITORS
contact:
Amy de'Boer Lloyd, Dezrez Services Ltd
amy.deboerlloyd@dezrezlegal.co.uk
LOT 19
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.
44
SOLICITORS
contact:
Jonathan Beck, Carbon Law
Jonathan.Beck@carbonlawpartners.com
£275 K SOLD
LOT 20
12, WEST STREET, BEDMINSTER, BS3 3LG
GUIDE PRICE : £250 K +++
Bedminster
RENTAL VALUES BY The Bristol Residential Letting Co
PROPERTY AREA 2078.6 ft 2 /19.13 m 2
Retail PLUS maisonette SOLD WITH VACANT POSSESSION A Freehold mixed use property (2078ft 2 ) comprising a large ground floor retail unit and a self contained maisonette on the upper floors – all now in need of updating. • Break-up/refurbish/resale The maisonette would now benefit from basic updating and could be split and sold separately. • Development There may be scope to develop and extend the existing upper floors at the rear (subject to consents). • Investment – refer to estimates.
45
Rental Estimates Retail Unit:
£850-£950 PCM
Maisonette:
£850-£900 PCM
Total:
£20,400-£22,200 PA
Rental values by The Bristol Residential Letting Co
SOLICITORS
contact:
Malcolm Buck, Fussell Wright
malcolm.buck@fussellwright.co.uk
£190 K SOLD
LOT 21
Harbourside BRISTOL GUIDE PRICE : £180 K +++ 5 GREAT EASTERN HOUSE, GAS FERRY ROAD, CITY CENTRE, BRISTOL BS1 6GP
PROPERTY AREA 502.0 ft 2 /46.6 m 2
Harbourside flat REDUCED PRICE FOR AUCTION SOLD WITH VACANT POSSESSION A contemporary second floor apartment (502ft 2 ) completed in 2010 with balcony, located on Bristol's floating harbour in the heart of Bristol's newly regenerated Harbourside by Brunel's SS Great Britain. • Lease: 140 years remaining • Ground rent: £300pa • Management fee: £100pcm • The property was previously listed at £235,000 and now offers excellent value. • Investment There is scope to achieve rental income in the region of £925pcm.
46
• Rental Appraisal: Bristol Residential Letting Co. £925pcm.
SOLICITORS
contact:
Tom Bowering, Wards
Tom.Bowering@wards.uk.com
£380 K SOLD
LOT 22
83, HALSBURY ROAD, WESTBURY PARK, BRISTOL BS6 7ST
GUIDE PRICE : £380 K +++
Westbury Park
PROPERTY AREA 1013.8 ft 2 /94.2 m 2
Family home on a corner plot REDUCED PRICE FOR AUCTION SOLD WITH VACANT POSSESSION A semi detached family home (1013ft 2 ) arranged over two floors occupying a large corner plot with detached garage. • Family Home: Reduced Price for Auction A well presented family home that offers great value in this sought after location. • Scope to extend/Attic conversion There is space to extend the property to the side or attic conversion (STC). • Corner plot: development potential Given the size of the corner plot there may be scope (STC) for an additional dwelling to be erected. • Structural condition Purchasers should be aware of subsidence at the property which may affect the ability to obtain finance.
47
• Rental Appraisal: Clifton Rentals £1,500pcm.
SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
WITHDRAWN
LOT 23
FLAT 5, 67, BRISTOL ROAD LOWER, HILLSIDE, WESTON-SUPER-MARE BS23 2TL
GUIDE PRICE : £99 K +++
Weston-super-Mare
PROPERTY AREA 819.6 ft 2 /76.1 m 2
Flat with views and parking SOLD WITH VACANT POSSESSION
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Flat 5 is a spacious two bedroom flat occupying the top floor of this imposing semi detached period property (819ft 2 ) on the upper levels of Weston Super Mare with far reaching views over the town towards the Channel from the principle rooms. The property is sold in good decorative order with an allocated off street parking space. Vacant possession and subject to a long leasehold (Residue of 999 years). • Home: Reduced Price for Auction The property is offered in good decorative order and a low price in order to sell at auction – excellent home in this sought after location . • Investment The property was previously let for £620pcm (£7,440pa) – we understand there is scope to increase this to £700pcm (£8,400pa).
SOLICITORS
contact:
Tim Hannah, Powells Law
hannah@powellslaw.com
WITHDRAWN
LOT 24
Lower Weston BATH GUIDE PRICE : £275 K +++ 44, HUNGERFORD ROAD, LOWER WESTON,BATH BA1 3BX
PROPERTY AREA 802.4 ft 2 /74.5 m 2
Period property: home or investment
49
A Freehold mid terraced period property arranged over two floors with an enclosed terrace garden to rear. Whilst there is some scope to update the property is in good decorative order and sold with vacant possession in a quiet residential street located just on the outskirts of Bath within the popular Lower Weston. • Home: with some potential – would suit First Time Buyers The property is offered in good decorative order but with scope for some updating in places and offers an excellent opportunity to purchase in this sought after central location. • Investment Scope to let out up to 3 rooms to professionals or students
SOLICITORS
contact:
Ken Turpin, Stone King LLP
Tel: 01225 337599
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