www.hollismorgan.co.uk | auction@hollismorgan.co.uk
residential sales | auctions
RESULTS I SSUE
hollis morgan
Wednesday, 8 TH JUNE 2016 All Saints Church, Pembroke Road, Clifton 7.00 PM auction JUNE 2016
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BE A PART OF BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
The most successful auctioneers in the region 2011, 2012, 2013, 2014 & 2015*
welcome to our june auction
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hollismorgan – the results speak for themselves… TOTAL SOLD £ M Hollis Morgan 157 91.7 38,156,500 2015 RESULTS LOTS OFFERED / SOLD % SOLD
2016 has seen a meteoric growth of our auction division and we are proud, yet again, to be able to offer an exciting and varied catalogue with opportunities for the first time buyer to the professional investor or developer. Our marketing strategy combined with our Saleroom success continually attracts sellers with interesting properties enabling us to provide such exciting sales. We predict another record year and invite you to join in our success by bringing to your attention a plethora of unique properties for your competition. We also welcome back our Charity of the Year – Home-Start Bristol which provides a unique kind of help which has a profound impact on struggling families with young children in fact 98% of those who finished a period of support reported that their wellbeing had increased. We look forward to supporting them and if you would like to know more visit www.homestartbristol.org.uk Good luck tonight and please join us for complimentary drinks in the Atrium immediately after the sale with wine tasting courtesy of Richard Bailey of Cru Wines.
160 93.8 25,496,300
MAGGS & ALLEN
69 84.1 11,856,500
AUCTION HOUSE BRISTOL
29 93.1 4,693,500
AUCTION HOUSE GLOS
31 74.2 3,704,500
BESLEY HILL
33 43.8 2,154,500
DAVID PLAISTER LTD
* Source: EI Group
INTRODUCING OUR CHARITY FOR 2016
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Oliver Hollis
COVER IMAGE : Clifton Suspension Bridge lit to celebrate Bristol as European Green Capital 2015, by kind permission of © Jon Craig .
BE A PART OF BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
introducing our auction team
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the members of our team
Calum Melhuish, Sarah Western,
TOP ROW LEFT TO RIGHT
Mike Hayne; BOTTOM ROW LEFT TO RIGHT
Kim Larnach, Nick Heal and Jodie Hollis.
andrew morgan MBE Andrew is one of the most respected and well known estate agents and auctioneers in Bristol having spent a lifetime in residential agency and on the auction rostrum and is recognised as one of the most experienced provincial auctioneers in the country. His knowledge of property is second to none which is invaluable to one of the fastest growing agencies in the region. His love of Bristol and his obvious concern for others has led him to be involved in a huge number of charitable events throughout his career raising thousands of pounds by his entertaining charitable auctions. For this work he was awarded The MBE in The Queen’s Birthday Honours in 2013. He is chairman of several charities and is advisor to many others regarding property matters. He is currently actively involved in projects with St Mary Redcliffe church, All Saints Clifton and Clifton Village BID and other organisations in Bristol.
oliver hollis 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 90’s 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.
BE A PART OF BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
buying at auction – an exciting opportunity Auctions offer a whole range of different and exciting property opportunities – why not see what is on offer? can I bid on the telephone? Yes – please download the telephone / proxy bid form from the Buying and Selling Guide section or call the office at least 48 hours in advance of the auction. should I have a survey?
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? A price guide is published to give an indication of general price bracket in which the property is likely to be sold. Watch our website or ring for further information – this may be adjusted as the sale date approaches. what is a reserve price? The reserve price will be given to the auctioneer by the vendor. Unless this figure is reached the auctioneer cannot sell the property. This figure is generally not revealed. can I make an offer? Sellers will sometimes accept an offer prior to the sale if they feel a satisfactory figure has been offered. Please be aware that the property will continue to be marketed until contracts have been exchanged. Please check that the property is still available as hollismorgan will not be held liable for any abortive costs.
We strongly advise you to have a structural survey prior to the sale by a suitably qualified person. We will be pleased to arrange access to carry out their inspection outside the set viewing times. what is a legal pack? A legal pack is prepared by our clients solicitor and is available to download via our website. will I need a deposit? You will need to bring a cheque or bankers draft 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 £750+vat (total £900). 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. three essential things to prepare for an auction SURVEY – Organise a survey
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FINANCE – Organise your finance
LEGAL – Ask your solicitor to check the legal pack and ask for any additional enquiries to be answered prior to the sale. Good luck and happy bidding!
You can download the full Buyers and Sellers Guides from our website www.hollismorgan.co.uk
BE A PART OF BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2016
selling at auction – what to look out for
what is an auction? An auction will bring a buyer and a seller together at a given place and time in a competitive atmosphere. The seller will give the auctioneer a reserve price (a figure which must be reached before the property can be sold). When the reserve figure, or above, is reached the auctioneer will call the bidding three times, the gavel will fall with a bang, indicating an immediate exchange of contracts, and the property will be sold to the highest bidder. An auction is a public event to which everyone is welcome. types of property offered at auction? This is determined by the type and condition of the property and the personal situation of the seller for example:- a property in a very poor state of repair, or with some development potential or with an unknown value (it may appeal to a specific buyer) when there is a need for transparency i.e. when acting for Trusts or Statutory Bodies, Executor Sales etc. (when the best price needs to be seen properties that will only be suitable for cash buyers. when a property needs to be sold to settle a personal situation as in the case of divorce or debt or simply to be able to move to the next property the advantages of auction there will be immediate action. the property will receive maximum exposure to the market. buyers will know that you mean business and will be forced to make decisions and get organised. a seller and a buyer will be brought together at the same time and place in a competitive atmosphere. the fall of the gavel is an automatic exchange of contracts and the property is sold. the best price is seen to be achieved thus satisfying all interested parties. completion will usually take place twenty eight days from exchange of contracts. it enables you to make plans for the future i.e. exchange dates on other properties etc to have been achieved) investment properties.
selling by Auction hollismorgan will carry out a valuation and confirm whether the property is suitable to be sold by auction or by private treaty. a reserve price will be discussed and confirmed with you. a date will be set for the auction. a marketing campaign will be discussed including the issuing of an appropriate guide price. a solicitor or a legal conveyancer will be instructed to prepare a legal pack. the legal pack will be published on our auction website wherever possible. an Energy Performance Certificate will be prepared for the property. individual details will be prepared alongside the list of other auction lots. viewing arrangements will be confirmed. you will be kept informed of the interest levels in the property. you will be advised on our final recommendation for a reserve price just prior to the auction, in the light of the interest shown to date. when the property has been sold the purchaser will pay an agreed percentage of the purchase price to your solicitor and completion will take place twenty eight days later. why use hollis morgan? Andrew Morgan – the most experienced auctioneer in Bristol. Covering Bristol and the West Country from our Clifton HQ. We have an enviable contact list and can reach buyers other agents can’t. With online legal packs and registration system we have the latest technology allowing us to regularly update you. Relationships throughout the city with our professional colleagues. Accompanied viewings at set times to minimise inconvenience to you, our client. a legal and moral duty to achieve the very best price for our Clients. what does an auction cost? You will be surprised how little an auction costs. Our fee structure will also be flexible depending on the amount of work involved.
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You can download the full Buyers and Sellers Guides from our website www.hollismorgan.co.uk
BE A PART OF BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2016
introducing steve mears – independent financial advisor the money man
Buy-to-let and second property changes…
“ Stamp Duty
We therefore feel it important that we discuss the many options, recommend an accountant in most cases, and we then try and provide an independent overview of buying an investment property, to make sure you get it right. Here are some ideas to consider: we could switch you to a lower fixed rate deal , if you already own the property. you could place your property portfolio in a limited company structure. You would then pay corporation tax (which is lower) rather than income tax on your profits. A drawback is that your mortgage options will narrow as fewer providers will lend to a company (This may improve soon) .
People purchasing buy-to-let properties (and second homes) now incur an extra 3 per cent stamp duty. This doesn’t seem to have slowed the market much, as we are still busy with enquiries, but it’s now even more important to get good advice . Tax Relief – Buy to Let Up to now, people buying to let have been able to claim tax relief on their mortgage interest payments at their marginal rate of tax. This means that a basic rate taxpayer would get 20 per cent tax relief, but those at a higher rate would receive 40 per cent relief, while top-rate taxpayers could claim 45 per cent. …but now it‘s even more important to get good advice… When the changes come in, tax relief will be a flat rate of 20 per cent (phased in from April 2017). Landlords who pay basic rate tax would see no change, but those on higher incomes will find themselves losing much more in mortgage interest payments. What may happen, is simply rents may increase to compensate, which is exactly what the Government didn’t want.
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” “ if your spouse pays a lower rate of tax, you could transfer ownership of one or more properties to them (taking care this does not lift them into a higher tax band). ensure that the ‘rental yield’ is high enough to fit with the new lenders calculators, as some have changed already.
check the management fees , before you commit to buying a flat/leasehold property. We think investing in property is still a very worthy option, and will be happy to talk through your requirements, and as one client said recently, “what else can you do with your money”!?
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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
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.
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
selling your property from auction to market
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A SURPRISING AMOUNT OF PROPERTIES that we sell at our auctions come back to market for sale with us by private treaty, having been updated – or thoroughly refurbished in some cases. On the following pages are just a a couple of recent examples. hollismorgan – not just auctioneers…
sales
residential sales | auctions 0117 973 6565
r e s i d e n t i a l
SOLD by us at our auction…
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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
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 FOR SALE with us by private treaty
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AFTER
FOR SALE 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 closeby. A superb property FOR SALE at £550,000. hollismorgan – not just auctioneers…
sales
r e s i d e n t i a l
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
selling your property the key to success
Your house is only new to the market once. Get it right first time with hollismorgan.
closing the sale We pride ourselves on good communications and building an excellent relationship with our clients. A good property will generally sell itself but our skill is required to achieve the very best possible price and encourage buyers to a prompt exchange of contracts. We insist on credit checking all would- be purchasers prior to agreeing a sale and will assist your buyer to complete surveys and mortgage valuations as quickly as possible whilst staying in regular contact with both parties’ solicitors. This should ensure any legal enquiries are settled promptly whilst any difficulties are dealt with firmly and decisively hollismorgan is regularly involved in local events such as the ‘Opera Picnic’ and ‘Burns Night’ and fund raising charity auctions for organisations such as ‘Help for Heroes’ as well as numerous independent events – we keep our ear to ground and meet would-be buyers and sellers before other agents, passing the benefits on to our clients. We appreciate that despite modern technology, clients and purchasers still like to meet their agent in attractive and friendly surroundings. We have therefore chosen a Georgian building adjacent to the Clifton Club in one of the most picturesque locations in Bristol where shoppers, tourists and locals mingle and enjoy the relaxed ‘Chelsea’ style ambience of Clifton Village. Our street presence is streamlined and modern with the latest technology whilst our first floor room, with dramatic high ceilings, will provide a traditional setting for private meetings. contact us now on 0117 9736565 for a free, no-obligation valuation. in the best interest of our client. about hollis morgan
From years of experience we know that the key to successful selling is to create a momentum based on the following:- a professionally considered asking price, powerful marketing and gentle but skillful and effective negotiations to close a sale. the valuation It is no longer good enough to base a valuation on “what the house 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 commence the marketing campaign. the marketing campaign We will visit your property to prepare detailed particulars focusing on any changes and improvements you have made coupled with helpful local information. We will take a range of digital photographs and encourage your involvement in choosing the best shots. We will also prepare professional floor plans and arrange for a local energy assessor to calculate your Energy Performance Certificate. In order to achieve the best possible price for your property it is essential that the widest possible target market is reached. At hollismorgan we have several methods of communicating with the market; our website and e-mails,Press advertisements, promotional events and face to face at our Clifton Office. The Internet is the first port of call for today's house hunter. We will list your property on our stylish new website www.hollismorgan.co.uk alongside a premium listing with the UK’s number one property website www.rightmove.co.uk and others including Bristol Property Live, the Western Daily Press and other local publications.
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© Hollis Morgan Property Limited 2016 [v3] sales
residential sales | auctions 0117 973 6565
r e s i d e n t i a l
AVAILABLE SEE JULY AUCTION
LOT 1
Clapton-in-Gordano GUIDE PRICE : £250 K +++
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26265356/north-somerset/bristol/clevedon-lane
PROPERTY AREA 1026.3 ft 2 /95.3 m 2
2 Clevedon Lane, Clapton-In-Gordano, BS20 7RG House on large plot A semi detached modern family home arranged over two floors set on a large mature plot. • Now requires modernisaton but scope to create a fine family home. • Note the adjacent property has extended to the side and into the attic space and we understand has planning for an additional annexe in the garden. • Parking for 3 vehicles and a single garage • As the property has a large garden, there may be some long term development opportunity for a building plot, subject to obtaining any necessary planning or other consents. • The property is located in a delightful village within The Gordano Valley with an historic pub, The Black Horse, as well as other local facilities.
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SOLICITORS
contact:
Thrings Solicitors
tel: 01225 340000
£175 K SOLD
LOT 2
GUIDE PRICE : £165 K +++
Redland
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242446/avon/bristol/103
PROPERTY AREA 553.9 ft 2 /51.5 m 2
First Floor Flat: 103 Hampton Road, Redland, BRISTOL BS6 6JG A flat in Redland A first floor one bedroom Leasehold flat. • Positioned in this highly sought after area this property has the following opportunities. • Currently let for £650 PCM on a rolling AST contract – in-situ since July 2015. • The property has been let for many years and would now benefit from basic updating (subject to consents) to convert the living space into an open plan kitchen diner and create a second bedroom. • Management Fees £85.50 PCM .
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SOLICITORS
contact:
Gaia Lack, Skelly & Corsellis
gaia.lack@williamheath.co.uk
PRIOR UNDISCLOSED SOLD
LOT 3
GUIDE PRICE : £220 K +++
Kingswood
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26133251/south-gloucestershire/bristol/gladstone-road
PROPERTY AREA 1575.0 ft 2 /146.4 m 2
15 Gladstone Road, Kingswood, BRISTOL BS15 1SW Large property with options A larger than average (1576ft 2 ) end of terrace Freehold property arranged over two floors with spacious, flexible accommodation plus garden to rear and off street parking. • Gas central heating and double glazed Windows. • The property now requires complete modernisation but would make a fine family home or investment in this highly sought after location. • Scope for conversion into flats or two houses subject to gaining the necessary consents. • Gladstone Road is a quiet residential street located within the popular suburb of Kingswood. • Local amenities and services are all within walking distance including the local High Street which offers an array of independent retailers, pubs, bars and restaurants. • Bristol City Centre is approximately three miles away.
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SOLICITORS
contact:
Mohammed Kalam, Devonshires Solicitors LLP
mohammed.kalam@devonshires.co.uk
£250 K SOLD
LOT 4
GUIDE PRICE : £225 K +++
St George
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242520/avon/bristol/princess-victoria-street-2
PROPERTY AREA 1688.3 ft 2 /156.8 m 2
Freehold Mixed Use Investment : 262, Church Road, St. George, BRISTOL BS5 8AF A block of 2 flats and a small commercial unit A prime mixed use investment with excellent frontage on to the vibrant Church Road. • A mid-terrace mixed use investment consisting of a ground floor retail unit, a ground floor one bedroom garden apartment and a three bedroom maisonette at first and second floor level. • Income COMMERCIAL UNIT : £200 PCM (Rolling AST) GARDEN FLAT : £650 PCM (Rolling AST) MAISONETTE : £750 PCM (Tenants in-situ since 2007 – Current Market Rent circa £900 PCM ) TOTAL INCOME : £19,200 PA POTENTIAL INCOME : £21,000 PA
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SOLICITORS
contact:
Stephen Parker. Barcan+Kirby
s.parker@barcankirby.co.uk
POSTPONED TO JULY AUCTION
LOT 5
GUIDE PRICE : £335 K +++
Windmill Hill
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26254013/avon/bristol/28-30
Land to Rear: 28-30 Eldon Terrace, Windmill Hill, BRISTOL BS3 4NZ Land with Planning A parcel of land comprising three rear gardens fronting onto Cotswold Road North An excellent development opportunity – planning has been granted to erect a terrace of 3 x 3 bedroom family homes with parking and integral garages. We would suggest the houses are worth £400,000 when complete and the site has a GDV of £1.2m. • Planning Information DECISION : GRANTED subject to condition(s); APPLICATION NO : 15/01736/F; TYPE OF APPLICATION : Full Planning; DESCRIPTION OF DEVELOPMENT : Construction of 3 x 3 bed town houses.
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SOLICITORS
contact:
Kirstie Wilkins, Ocean
bishopstonlawyers@oceanhome.co.uk
POSTPONED TO JULY AUCTION
LOT 6
GUIDE PRICE : £725 K +++
Clifton Village
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242520/avon/bristol/princess-victoria-street-2
No 67: PROPERTY AREA 1210.1 ft 2 /112.4 m 2
65-67 Princess Victoria Street, Clifton, BRISTOL BS8 4DD Clifton Village Investment A prime investment in the heart of Clifton Village – sold with vacant possession . • 65 PV ST: Top floor Flat with excellent views over the historic landscape of Clifton • 67 PV ST: The ground and first floor maisonette with private garden • Options: • Home with investment flat above. • Re conversion into one large family home (Subject to PP)
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No 65: PROPERTY AREA 684.0 ft 2 /63.5 m 2
• Sub division into three flats (Subject to PP) • Large investment property/House share.
SOLICITORS
contact:
Samantha Molloy, Gregg Latchams
samantha.molloy@gregglatchams.com
AVAILABLE SEE JULY AUCTION
LOT 7
GUIDE PRICE : £160 K +++
City Centre
JOINT AGENTS WITH
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242453/city-of-bristol/bristol/11
PROPERTY AREA 1162.0 ft 2 /108.0 m 2
Commercial Unit: 11, Quay Street, City Centre, BRISTOL BS1 2JL A commercial investment n A1 / A2 self contained commercial unit with private entrance occupying the ground floor of this modern property. • 11 Quay Street is let to Blue Arrow recruitment at a rent of £26,500 PER ANNUM on a lease which expires in April 2017. • Service Charge £1355.85 PER ANNUM (Refer to online legal pack) • Located centrally close to Bristol City Centre, public transport hubs, the Bristol Hippodrome, Broadmead shopping district and Corn Street. • St. Giles House LLP (the vendor) is not registered for VAT. Therefore VAT will not be charged on the purchase, nor is it chargeable on rent.
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SOLICITORS
contact:
Michael Vann, Humphries Kirk LLP, London branch
AVAILABLE SEE JULY AUCTION
LOT 8
GUIDE PRICE : £120 K +++
City Centre
JOINT AGENTS WITH
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242452/city-of-bristol/bristol/12-1
PROPERTY AREA 1005.3 ft 2 /93.4 m 2
Commercial Unit: 12, Small Street, City Centre, BRISTOL BS1 1DB A commercial investment An A1 self contained commercial unit with private entrance occupying the lower ground floor of this modern property. • 12 Small Street is trading as a hair salon. The lease is for a term of 10 years commencing 27 May 2016 at a commencing rent of £11,000 a year. The rent review (upwards only) is on 27 May 2021. The lease has a tenants break date of 27 May 2021 (clause 7 on page 25). • Service Charge £1355.85 PER ANNUM (Refer to online legal pack) • Located in a central location close to Bristol City Centre, public transport hubs, the Bristol Hippodrome, Broadmead shopping district and Corn Street. • St. Giles House LLP (the vendor) is not registered for VAT. Therefore VAT will not be charged on the purchase, nor is it chargeable on rent.
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SOLICITORS
contact:
Michael Vann, Humphries Kirk LLP, London branch
PRIOR SOLD
LOT 9
GUIDE PRICE : £10 K +++
Sneyd Park
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242457/city-of-bristol/bristol/druid-woods
Garage 60: Druid Woods, Avon Way, Sneyd Park, BRISTOL BS9 1TD A garage in Stoke Bishop A single up an dover garage with new locks, up and over door and waterproof membrane flooring. • ***OFFERED WITH VACANT POSSESSION** * • The garage is available for non residents of Druid woods to purchase. • dimensions: The garage is 7’7” high; 2.44m x 5.18m • £50 PCM mangement fees and £150 PER ANNUM • The garage is located within the grounds an established block of circa 100 purpose built apartments (not all the flats have garages or parking).
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SOLICITORS
contact:
Lionel Lawson. Adams Burrows Solicitors
AVAILABLE SEE JULY AUCTION
LOT 10
GUIDE PRICE : £110 K +++
Tickenham
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property/25992275/result_auction
The Plot: Tickenham Hill, TICKENHAM BS21 6SH Plot with rural views
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A Freehold south facing parcel of land (Circa 0.3 Acres) set in an elevated position with far reaching rural views over the Somerset plains and towards the Mendip Hills and vehicular access from Tickenham Hill. • The freehold also includes ownership of the driveway which is used by Wellhouse Farm. • A site with potential for residential development subject to gaining any necessary consents . • We understand that no planning has previously been applied for or declined . Ideal opportunity for self build in this stunning location or for planning gain and re sale. • Tickenham Hill is located approximately eight miles from Bristol on the B3128 Clevedon Road.
SOLICITORS
contact:
Jonathan Webb, Cook & Co Solicitors
jonathan.webb@cookco.co.uk
AVAILABLE SEE JULY AUCTION
LOT 11
GUIDE PRICE : £70 K +++
Horfield
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property/26260847
The Workshop , (Rear of 9), Filton Avenue, Horfield, BRISTOL BS7 0AQ Double garage/worksop A large FREEHOLD detached double garage/workshop with two roller shutter doors and excellent vehicular access. • An excellent storage facility in a unique position. • Possible residential development opportunity or commercial use subject to gaining necessary consents. • Please note recent planning history: 15/01443/PREAPP (decision received 30/04/15) • The building is located to the rear of 9 Filton Avenue adjacent to the entrance to the Memorial Sports Ground.
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SOLICITORS
contact:
AVAILABLE SEE JULY AUCTION
LOT 12
GUIDE PRICE : £300 K +++
Bradley Stoke
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242500/south-gloucestershire/bristol/apex-court
PROPERTY AREA 3285.4 ft 2 /305.2 m 2
Unit 24: Apex Court, Woodlands, Bradley Stoke, BRISTOL BS32 4JT A large office block
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A vacant Freehold office block (3285ft 2 ) on the Apex Court Business Park, a purpose built office campus, adjacent to the M4/M5 interchange, arranged over 3 floors with 7 allocated car parking spaces. • The unit is sold with vacant possession having previously been let for £35,500 PA . • Excellent long term investment with scope for rents in
the region of £12 per Square Foot Exclusive. • Would suit owner occupier/SIP investment.
The property was previously let for a term of 25 years from 8th March 1991 at a current rent of £35,500 PER ANNUM exclusive of rates.
SOLICITORS
contact:
Chris Georgiou, BRGP Weston Office
chris.georgiou@brgplaw.co.uk
AVAILABLE SEE JULY AUCTION
LOT 14
Weston-super-Mare GUIDE PRICE : £395 K +++
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26141981/north-somerset/north-somerset/15
Freehold Block of Flats: 15 Greenfield Place, WESTON-SUPER-MARE BS23 2BB Self-contained Freehold flats A Freehold block of four self contained flats in this stunning regency terrace. • The flats would now benefit from some basic updating but given the prime position and stunning building represent an excellent investment opportunity or resale of individual units. • We would suggest that once renovated to a high standard the flats could be let for £775-£850 PCM or potentially at higher rates as serviced holiday lets. Potential Income: £40,800 PA • We would suggest that once renovated to a high standard the flats would be valued at an average of £150,000 per unit. Resale Values: GDV £600k+
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SOLICITORS
contact:
James Raskin, Ocean Lawyers
westburylawyers@oceanhome.co.uk
PRIOR SOLD
LOT 15
GUIDE PRICE : £145 K +++
Clifton
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26233835/avon/bristol/belgrave-hill
Land with Planning: Belgrave Hill, Clifton, BRISTOL BS8 2UA Land with Planning Granted A rare leasehold parcel of land on Belgrave Hill. • Planning Granted to erect 2 x 2 bedroom houses. • There may be scope (subject to gaining the necessary consents) for alternative schemes such as a single dwelling or higher density student accommodation. • We suggest the GDV for this scheme is in the region of £800,000. Please refer to on line legal pack for build cost and profit analysis provided by our client. • Planning Information REFERENCE : 14/02366/F; ALTERNATIVE REFERENCE : PP- 03175703; APPLICATION RECEIVED : 19 May 2014; PROPOSAL : Proposed development of 2 no. Use Class C3 dwellings with associated external works. The land is located in a highly sought after, prime area of the City within walking distance of the amenities on Whiteladies Road and Durdham Down.
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SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
AVAILABLE SEE JULY AUCTION
LOT 16
GUIDE PRICE : £190 K +++
Whitehall
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242450/city-of-bristol/bristol/herbert-street-1
PROPERTY AREA 1290.2 ft 2 /119.9 m 2
1 Herbert Street, Whitehall, BRISTOL BS5 9BL A four bedroom house
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A larger than average end of terrace house with South facing rear garden, secure garage with roller shutter door and separate studio to rear. • The property is currently let for £800 PCM on a rolling contract. • There is scope for a larger HMO-style investment and increased income. • Would make a fine family home close to the local Primary School. • Herbert Street is a quiet residential street located within the popular suburb of Whitehall. Local amenities and services including St. Georges Park and the shops on Church Road are all within walking distance. • Bristol City Centre is approximately three miles away and Lawrence Hill train station is close by.
SOLICITORS
contact:
Giles Woodward, Consultant | Barcan+Kirby LLP
G.Woodward@barcankirby.co.uk
POSTPONED TO JULY AUCTION
17 LOT
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PROPERTY AREA 2874.0 ft 2 /282.0 m 2
farmhouse
PROPERTY AREA 1412.0 ft 2 /131.18 m 2 barn convesrion
detached farmhouse (2874ft 2 ) and a 2 bed barn conversion (1412ft 2 ) set on a large 0.5 acre plot
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26244323/city-of-bristol/bristol/-jayward-barn
POSTPONED TO JULY AUCTION
LOT 17
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Rural retreat – in the city …
GUIDE PRICE : £750 K +++
Horfield
Downend Park Farm , (Jayward Barn), October Lane, Horfield, BRISTOL BS7 9PZ n unexpected period gem – steeped in history, this early 17th century (dating from circa 1630) grade II listed detached farmhouse offers generously proportioned and charming accommodation and benefits from good gardens, parking and garaging. A
Thought to be the oldest surviving building in Horfield (after the Parish Church) and said to have been used as a hiding place by Royalist soldiers during the English Civil War. Set back from the hustle and bustle and surrounded by green open space it is as if you have stepped back in time – it really is a special and rare find. Spacious rooms throughout including 2 reception rooms and a large kitchen/breakfast room with Aga and 4 double bedrooms. Outside: large lawned garden to the rear and
driveway to the side which leads to double garage/workshop to the rear Barn Conversion
The recently refurbished barn conversion – Jayward Barn, a new build approx 6 years old – provides excellent detached 2 double bedroom house adjacent to the farm house. This arrangement would be ideal for two families coming together, dependent relatives, independent teenagers, au pair, working from home, letting out and so on.
SOLICITORS Jo Cox, Davies and Partners
contact:
jo.cox@daviesandpartners.com
PRIOR SOLD
LOT 18
GUIDE PRICE : £500 K +++
Southville
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242451/city-of-bristol/bristol/6-1
PROPERTY AREA 2013.0 ft 2 /187.0 m 2
House and Plot: 6, Beauley Road, Southville, BRISTOL BS3 1PX House and Plot Existing House The house would now benefit from some minor updating and the basement level could be developed but is a charming family home with a value in the region of £400,000. Building Plot Planning granted (Ref 15/02852/F) erection of a 3-storey dwelling providing 3 no. 2-bed flats and parking. ***GDV £680k-£700k*** • Accommodation/potential selling price LOWER GROUND FLOOR 2 BED/718ft 2 £220,000-£230,000 GROUND FLOOR FLAT 2 BED/633ft 2 £210,000-£220,000 FIRST FLOOR DUPLEX 2 BED/987ft 2 £250,000+
32
SOLICITORS
contact:
Clare Trevelyan Thomas, Gilbert Stephens, Manor Office, North Street, Crediton, EX17 2BR,
ClareTrevelyanThomas@gilbertstephens.co.uk
£106 K SOLD
LOT 19
GUIDE PRICE : £95 K +++
Weston-super-Mare
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242489/north-somerset/north-somerset/the-mart
PROPERTY AREA 2376.8 ft 2 /220.8 m 2
8 The Mart, Locking Road, WESTON-SUPER-MARE BS23 3DE Investment in Weston-super-Mare A mixed use mid terraced property – 2376ft 2 . • Excellent long term investment in the heart of Weston. • Vacant commercial premises with large road frontage and vehicular access to rear with roller shutter door. • The shop was previously let out for £8,500 PER ANNUM and is currently advertised for let – updates to follow. • Self contained two bedroom flat with roof terrace and private entrance front rear. • The flat is currently let on a rolling contract for £575 PCM /£6,900 PER ANNUM . • Potential for £15,000 + PER ANNUM .
33
SOLICITORS
contact:
Chris Georgiou, BRGP Weston Office
chris.georgiou@brgplaw.co.uk
PRIOR SOLD
LOT 20
GUIDE PRICE : £40 K +++
Staple Hill
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26133300/south-gloucestershire/bristol/garages-to-rear
5 Garages to rear: Pound Road, Staple Hill, BRISTOL BS15 4RA A rank of garages
34
A modern detached rank of 5 garages with up and over doors and excellent access. The garages are approached via a lane to the left hand side of the shops on Pound Road in this popular residential location. • Excellent long term investment with scope to increase current income to circa £60+ PCM / PER UNIT • Potential long term development opportunity subject to gaining necessary consents. • Pound Road is located just off New Cheltenham Road within the popular suburb of Kingswood. Local amenities and services including convenience stores and local retailers are all within walking distance. • Bristol City Centre is approximately five miles away. • Current Rental Income
GARAGE 19 – £47 PCM GARAGE 20 – £44 PCM GARAGE 21 – £50 PCM GARAGE 22 – £50 PCM GARAGE 23 – £48 PCM TOTAL £2868 PER ANNUM
SOLICITORS
contact:
Gareth Noble, Star Legal
Gareth.noble@star-legal.co.uk
WITHDRAWN
LOT 21
AWN WITHDRAWN WIT
35
AWN WITHDRAWN WIT
POSTPONED DELAY WITH LEGAL PACK
LOT 22
GUIDE PRICE : £70 K +++
Long Ashton
VIEW FULL DETAILS ttp://www.hollismorgan.co.uk/property-details/26242499/north-somerset/bristol/birdwell-road
Land to rear: 30-32 Birdwell Road, Long Ashton, BRISTOL BS41 9BB A parcel of land A mature parcel of land (0.2 Acres) with vehicular access from Birdwell Road. • Huge potential for residential development subject to gaining the necessary consents. Please note the previous planning history on our website. • Long Ashton is a highly desirable village location in North Somerset with a range of amenities and stores, two good primary schools (Northleaze & Birdwell ) and the well respected Backwell Secondary School • Withdrawn Planning history (DZ Architecture) APPLICATION NUMBER : 13/P/2014/O; CATEGORY : Outline Planning Permission; DESCRIPTION : Outline planning
36
permission with details of appearance and landscaping for the erection of a dwelling. THIS
APPLICATION HAS BEEN WITHDRAWN BY APPLICANT AND NO DECISION WILL BE MADE ON IT. *** PLEASE NOTE THE PLANNING ELEVATIONS ARE WITHDRAWN AND INDICATIVE OF PROPOSED SCHEME ONLY ***
SOLICITORS
contact:
James Raskin, Ocean Lawyers
westburylawyers@oceanhome.co.uk
£375 K SOLD
LOT 23
GUIDE PRICE : £330 K +++
St George
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242442/city-of-bristol/bristol/330
PROPERTY AREA 1825.4 ft 2 /169.6 m 2
Glebefield , 330 Church Road, St. George, BRISTOL BS5 8AJ Block of flats
37
A semi-detached period property (1825ft 2 ) that was converted into three self contained two bedroom apartments in 2004 overlooking St Georges Park. • Excellent long term investment/break up opportunity • The existing tenants have been in situ for many years and there is clearly scope to increase the current rental income. • Accommodation/Income GARDEN FLAT Tenant since 2011 @ £575.00 PCM Current Market Rent circa £775 PC M HALL FLOOR Tenant since 2012 @ £575.00 PCM Current Market Rent circa £700 PCM TOP FLOOR Tenant since 2014 @ £600.00 PCM Current Market Rent circa £700 PCM
CURRENT INCOME £21,000 PA POTENTIAL INCOME £26,100 PA
SOLICITORS
contact:
Catherine A Ainley, Meade King LLP
caa@meadeking.co.uk
WITHDRAWN
AWN WITHDRAWN WIT
38
AWN WITHDRAWN WIT
SOLICITORS
contact:
POST AUCTION UNDISCLOSED
SOLD
LOT 25
GUIDE PRICE : £225 K +++
Bedminster Down
JOINT AGENTS WITH
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242549/city-of-bristol/bristol/donald-road
PROPERTY AREA 703.6 ft 2 /158.3 m 2
4 Donald Road, Bedminster Down, BRISTOL BS13 7DG Mixed use with potential A Mid-terrace retail/office premises, UPVC shop front with roller shutter door with large garden to rear and . • A large mixed use investment property • Change of Use and Residential Development Subject to gaining the necessary consents there is scope for a residential scheme of flats or HMO plus potential to extend to the rear. • Self contained two bedroom flat on first floor. The flat is let for £475 PCM but the tenant has been in-situ on a rolling AST agreement since July 2006 and there is clearly scope to increase this rent. • Please consult our joint Agents ETP for information on potential rental income of commercial premises . • The property is located in Bedminster, south west of Bristol City Centre on Donald Road. The property is easily accessed via the A38 (Bridgwater Road).
39
SOLICITORS
contact:
Hayley Turner, Bennetts Solicitors Attorneys & Notaries
Phone: (44) 1934 862786
£115 K SOLD
LOT 26
GUIDE PRICE : £100 K +++
Southville
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26133304/avon/bristol/18
Land adjacent to: 18 Victoria Place, Southville, BRISTOL BS3 3BP Plot with planning – ready to go A level enclosed parcel of land with access from a quiet residential terrace. • Full planning permission has been granted for the erection of a detached four bedroom house. • We would suggest the resale value of this property is approximately £400,000. • Victoria Place is situated just off West Street within the popular suburb of Southville. • Planning Granted DECISION : GRANTED subject to condition(s) APPLICATION NO : 14/00826/F; TYPE OF APPLICATION : Full Planning; • RENTAL APPRAISAL The Bristol Residential Letting Co £1400-£1600 PCM
40
SOLICITORS
contact:
Kirstie Wilkins, Ocean
bishopstonlawyers@oceanhome.co.uk
AVAILABLE SEE JULY AUCTION
LOT 27
GUIDE PRICE : £135 K +++
Henbury
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242441/city-of-bristol/bristol/crow-lane-64-machin-road
PROPERTY AREA 1484.0 ft 2 /137.9 m 2
167 Crow Lane, (64 Machin Road), Henbury, BRISTOL BS10 7DR Mixed use investment A leasehold mid terraced mixed use property comprising (1484ft 2 ) of a ground floor retail unit and a two bedroom maisonette over first and second floor. • 99 year lease from 25 March 1954 with 37 years remaining on the lease. • The ground floor is sublet to Carmelo Mercato who runs a barbers shop ‘Carms Cuts’ from the premises. The sublease is for 20 years from 3/4/06 and there are therefore 10 years remaining on this lease. The rental income is currently £520 PCM . • The flat is currently vacant but was most recently let for £600 PCM .
41
SOLICITORS
contact:
Hugh McPherson, Devereux & Co
move@devlaw.co.uk
£264 K SOLD
LOT 28
GUIDE PRICE : £235 K +++
Clifton
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242504/avon/bristol/27
PROPERTY AREA 622.6 ft 2 /57.8 m 2
The Coach House : 27 Tyndalls Park Road, Clifton, BRISTOL BS8 1PQ Coach house in Clifton A detached coach house (622ft 2 ) with 1 en-suite bedroom and courtyard with parking. • The property is offered in good decorative order but could benefit from some basic updating. • An excellent investment capable of producing a rental income of £850 PCM • Would make a fine home in this highly sought after area of the city. • Alternatively the property has scope, subject to gaining the necessary consents, to potentially rearrange the layout and create a second bedroom. • Tenure and management fees – please refer to on line legal pack . • Rental Appraisal Kingsley Thomas: £850.00 PCM
42
SOLICITORS
contact:
Richard Harris. AMD Solicitors
E: richardharris@amdsolicitors.com
POSTPONED TO JULY AUCTION
LOT 29
GUIDE PRICE : £350 K +++
Bishopston
JOINT AGENTS WITH
VIEW FULL DETAILS http://www.hollismorgan.co.uk/property-details/26242476/avon/bristol/198
PROPERTY AREA 1953.6 ft 2 /181.5 m 2
Freehold: 198 Gloucester Road, Bishopston, BRISTOL BS7 8NU A Freehold investment
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A mixed use Freehold commercial property (1953ft 2 ) consisting of a ground floor restaurant/bar with basement and beer terrace plus a first floor two bedroom flat. • A rare opportunity to acquire a Freehold mixed use investment in this highly sought after and busy trading district • The bar/restaurant is being sold with vacant possession having successfully traded for over 30 years • The basement level restaurant has been recently closed but offers huge scope for a successful business • The First Floor flat has just been refurbished and is let for £1,000 PCM on a 6 month AST commencing May 2016.
SOLICITORS
contact:
Tim Adams, Adams Burrows
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