Results & Sold prices for this Auction
2019 auct ion APRIL 2019
residential sales | auctions ON SOLD EDITION SOLD
bristol and the west country's biggest property event
THE most successful AUCTIONEERS IN THE REGION FOR THE LAST 8 YEARS *
* Source: EI Group 2010-2018, based on ‘amount raised’.
welcome to
BRISTOL AND THE WEST COUNTRY ' S biggest property event
“ W
2018 our results
elcome to our Spring auction of what is proving to be a turbulent and highly eventful year! Whilst the overall level of interest has noticeably slowed due to the Brexit fun and games we are seeing those in the market being bold and putting their money where their mouth is as explained by auctioneer Andrew Morgan in our February Review on page 5. Tonight’s catalogue has a plethora of exciting opportunities from across the region with the stand out lot being St Matthews Road in Cotham, a stunning period family home which is on the market for the first time since the 1940’s – with over 100 groups viewing the property it will be fascinating to see the result tonight. 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 £43m 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! – and now with over £270 million of auction sales since 2010!
TOTAL SOLD £ M
LOTS OFFERED
Hollis Morgan
185 £43.7m
146
£23.4m
MAGGS & ALLEN
76
£12.3m
AUCTION HOUSE BRISTOL AND WEST
45
£4.1m
DAVID JAMES
30
£3.7m
DAVID PLAISTER LTD
* Source: EI Group 2011-2018 based on ‘amount raised’.
auctions
our 2018
% SOLD 86
3
£ 43,764,850
TOTAL RAISED
hollismorgan – the results speak for themselves…
”
In 2019 we will be supporting the Bear Wood Project as our Charity of the year and we will be donating 5% of every buyers premium to the appeal and arranging various events throughout the year. Good luck bidding tonight!
Oliver Hollis olly@hollismorgan.co.uk
Bear Wood Project IS OUR CHARITY OF THE YEAR FOR 2019 www.wildplace.org.uk/bearwood
tel 0117 973 6565 | www.hollismorgan.co.uk | post@hollismorgan.co.uk
introducing …our auction team
the members of our team
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Sarah Western, Nick Heal, Lucinda Culpin and Calum Melhuish;
TOP ROW
Mike Hayne, George Harris. Karine Cadoret and Sarah Cocks.
BOTTOM ROW LEFT TO RIGHT
Andrew Morgan MBE Andrew is one of the most respected and well known estate agents and auctioneers in Bristol having spent a lifetime in residential agency and on the auction rostrum and is recognised as one of the most experienced provincial auctioneers in the country. His knowledge of property is second to none which is invaluable to one of the fastest growing agencies in the region. His love of Bristol and his obvious concern for others has led him to be involved in a huge number of charitable events throughout his career raising thousands of pounds by his entertaining charitable auctions. For this work he was awarded The MBE in The Queen’s Birthday Honours in 2013. He is chairman of several charities and is
property matters. He is currently actively involved in projects with St Mary Redcliffe church, All Saints Clifton and Clifton Village BID and other organisations in Bristol. Oliver Hollis BS C (HONS) Olly has worked in Estate Agency since 2003, beginning his career as Andrew’s junior negotiator at a local independent firm before moving on to auction assistant and eventually running the sales department. Olly then founded Hollis Morgan with Andrew in 2010.
Having been brought up in Clevedon his family moved to Bristol in the early 90s where with his two brothers he attended Clifton College. As a gap year he worked as a swimming pool salesman in Oxford before moving to Cardiff to complete a
Marketing Degree before returning to Bristol to start his career in property.
advisor to many others regarding
BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
2019 february auct ion highlights
“ t was hugely encouraging to see the region performing strongly in our February catalogue, despite the uncertainty of Brexit and the general negative press surrounding the UK’s overall property market, with a success rate of 88% and over £7.4m of land and property sold before the auction, under the hammer and deals agreed in the days following the auction. Demand for prime investments continued with a pair of Student HMOs selling for a combined £1.8m and a I
SOLD £900k
GUIDE PRICE : £800 K +++
REDLAND
SOLD £900k
auction
FEB’19
number of properties that had been previously marketed by traditional estate agents found success under the hammer including a large family home in Bath selling for £648,000 and a bungalow in Wick achieving £254,000. It is also fascinating to watch the profile of buyers continue
% SOLD 88
5
GUIDE PRICE : £800 K +++
CLIFTON VILLAGE
£ 7,421,000
TOTAL RAISED
”
to change, with a large proportion of the properties being purchased by families – many of whom brought their children to the auction for a genuine family outing! We look forward to discussing tonight results in the complimentary bar after the auction.
Andrew Morgan MBE andrew@hollismorgan.co.uk
hollismorgan – the results speak for themselves…
BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
frequently asked questions
How do I book a viewing? The viewing schedule can be found in the property details – usually this is a fixed viewing once a week for 30 minutes.
How do I download the Legal Pack? Digital Copies of the Online legal pack can be downloaded via our website https://auctioneertemplates.eigroup.co.uk/guides.aspx?a=660&c=hom
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Can I make a pre auction offer? Some clients will consider pre-auction offers but you must wait for the legal pack and complete the offer form.
Can I book a valuation or a survey? If you would like to arrange a survey or valuation instruct your surveyor to contact Hollis Morgan
hollis morgan
residential sales | auctions
selling at auction – a brief guide
Hollis Morgan regularly hold the largest property auctions across Bristol and the West Country from our iconic Sale Room in Clifton, since we formed in 2010 we have sold the most £££'s of land and property by Public Auction in the region – EVERY YEAR! Between 2010 and 2018 we have held 51 auctions, offering over 1300 lots and raising £275m for clients across the region Did you know…Hollis Morgan sold more £££’s of land and property by auction than all the other Bristol Auctioneers combined in 2018 with over £43m of successful sales! We have approximately 40-60 lots per catalogue ranging from £10k to £3m and up to 750 people attend our iconic sales. The key benefits of a sale by public auction Speed – Exchange on the night with 28 day completion Closure – 10% deposit taken on the night and deal is done.
played out in front of your own eyes meaning no "what ifs!" Why Hollis Morgan? We sell the most £££'s of property by auction in Bristol and the West Country. Most Successful Auctioneers in the region since 2010. Bristol's most experienced auctioneer, Andrew Morgan MBE. Advertised online with auction specific posts on BOTH Rightmove, Zoopla plus many other search portals. High profile weekly press campaign focusing on the Bristol Property Live newspaper with regular adverts in the Western Daily Press, North Somerset Times and Bath Chronicle. Online Mailing list of 15,000 investors, developers, self-builders and family buyers. Local, national, regional and international audience. Most lots for sale and highest attendance. Approximately 750 people attend our auctions. Prestigious Clifton auction venue Regional office covering Bristol and the West Country. Experienced team offering expert advice. Download the full Sellers Guide or watch the video at www.hollismorgan.co.uk
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Intense 6 week marketing campaign with local, national and international coverage Access to a both traditional family buyers and the professional market.
Control – you have set out your plans for buyers to follow - you are in charge Reserve – you set a reserve which protects you from selling for less than you want.
Best possible price is achieved – and it is
You can download the full Buyers and Sellers Guides from our website www.hollismorgan.co.uk
BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2016
PROPERTY INVESTMENT DEVELOPMENT FINANCE BRIDGING
We can offer independent advice for all your property auction related financial requirements AUCT I ON F I NANCE
If you are looking to finance your property needs at auction we can offer independent financial advice specifically suited to developers and investors, with…
our services include
auction finance options
bridging and commercial finance specialist for the self-employed
RESIDENTIAL AND BUY - TO - LET MORTGAGES
residential, buy-to-let and remortgaging
‘agreement-in-principle’ from most lenders within hours
SECURED LOANS AND BRIDGING LOANS
LIFE COVER FOR FAMILY AND BUSINESS INCLUDING TRUSTS
COMMERCIAL MORTGAGES AND FINANCE
TELEPHONE : 0117 973 4300 E - MAIL : info@stevemears.com
PROTECTION AGAINST ILLNESS FOR FAMILY AND BUSINESS
Typically we charge a fee of £395 for processing the mortgage and this will be payable in two instalments. Initially £200 will be payable when we submit your application form to the lender and the balance of £195 will be payable within 14 days of the loan completing. If your mortgage proceeds to completion we will also receive any commission payable from the lender. Our fees are dependent upon your circumstances and therefore could be more than this. THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE COMMERCIAL FINANCE OR ADVICE ON WILLS AND TRUSTS. THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE SOME ASPECTS OF BUY TO LET MORTGAGES AND BRIDGING LOANS. Steve Mears Independent Mortgage Services is a trading name of Steve Mears Ltd, Registered in England and Wales – Registered Number 6180562; Registered office: 28 Alma Vale Road, Clifton, Bristol BS8 2HY; Directors: Steve Mears and Emma Mears. Steve Mears Independent Mortgage Services is an appointed representative of Owen and Associates, which is authorised and regulated by the Financial Conduct Authority. Your home or property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
introducing steve mears – independent financial advisor the money man
UK house price growth remained soft in March • Annual house price growth remained subdued at 0.7% in March • Modest 0.2% price rise during the month, after taking account of seasonal factors • Annual price falls in London and the South East
“
We are also, apparently, not building enough houses to keep up with increased demand, and this is probably why this church is so full again! Our brokerage remains very busy and again, on the look-out for more staff, as Bristol appears to still have ‘the Buzz’. With unemployment still low, I see no reason (even the ‘B’ word) why this will change, again,
Each month I get these figures from the Nationwide, and similar ones from Halifax. It really seems to matter less and less as people see that property is a long-term investment and no ‘quick buck’. It is also a tangible way to spend your money and to some, more attractive than Pensions and Investment Bonds (I am not decrying either, but any
Month-on-month Price Growth
Mar 19 Feb 19
9
427.1
Monthly Index*
426.4
Monthly Change* +0.2%
0.0%
+0.7%
Annual Change
+0.4%
Average Price £ 213,102 £211,304
Figures from Nationwide *not seasonally adjusted.
portfolio should be widespread). Even when we are in such tumultuous times, people still need somewhere to live and therefore even our landlord clients are still very much in the market. ” “ … people see that property is a long-term investment – and no ‘quick buck‘ …
if you are looking long-term. Lenders are still lending, sometimes through gritted teeth, although I do feel some are more cautious than others, as we await the decision on our future. Please come and have a chat with us, either at the auction or just on Alma Vale Road and get some ideas on finance options as an initial chat is free.
”
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
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 solicitor. CASH IS NOT ACCEPTABLE . Is there a Buyers Premium? You will need to bring a separate cheque to the auction payable to hollis morgan for £1,000+VAT (total £1,200). Do I need ID? You will need to bring photographic identification with you on the sale night. See our separate download for full details. Can someone bid on my behalf? Someone else can bid for you. They should make themselves known to the auctioneer prior to the sale. They must be prepared to sign the contract on your behalf and pay the required deposit. They must also bring ID with them. For more information watch our Buyers Guide Video @ www.hollismorgan.co.uk Good Luck and Happy Bidding! in the build up to the sale. Will I need a deposit? 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
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You can download the full Buyers and Sellers Guides from our website www.hollismorgan.co.uk
BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2019
introducing Don McKeever – residential lettings investment advisor Just lettings, just Bristol Let us help you find an investment that works for you. The Bristol Residential Letting Co are an independent and impartial agent dealing exclusively in Bristol, exclusively in lettings. We can provide expert lettings advice on these auction lots. Our advice is free so get please get in touch.
What makes the best investment? Target the growing young professional market. Walking distance to the City Centre or on good transport links. Professional sharers will pool resources to rent a 3-4 bedroom house, maximising your rental income in the process. Finding houses that can be converted to flats offers good rental potential and capital appreciation. 1 bed flats/apartments are in high demand from high earning single professionals. Affordable homes are in demand so consider areas further from the Centre if the yield is attractive and the area has sufficient services and amenities. What has the best yields? A good gross yield in the Bristol market is currently around 5%. It is possible to achieve much higher gross yields of up to 10% by investing in high density HMOs. They do however require intensive management with high turnover of occupants creating risk of increased void periods. The 1 bed market in or close to BS1 can offer you a high calibre tenant, opportunity for capital growth, and a 5%+ gross yield. What do the best tenants want? Modern, stylish, clean and low maintenance properties. The days of magnolia walls and cream carpets are long gone. Stylish grey tones and minimalist finishes are in demand. This can be evidenced with most new build developments appearing in the City. Corporate lets can make for secure tenancies and their requirements will range from stylish studio apartments to large 4 bed houses. Regardless of the size of property, the same expectations for quality of finish applies.
What properties have the best chance of capital growth?
The Bristol market has seen strong capital growth over the last decade. With the London market becoming unaffordable for a lot of investors, we have seen more money invested in Bristol instead. More owner occupiers are also choosing to live in Bristol while working in London. Extensive redevelopment of the Harbourside area and future plans for redevelopment around Temple Meads have also helped push asking prices up. Victorian and Edwardian Houses are always in high demand and have seen strong growth due to their spacious layout and flexible space. What type of properties command strongest rents? Premium properties command premium rents. City Centre 3-4 bed houses are in short supply and so command strong rents when marketed. Unique properties such as conversions of interesting buildings (eg. The General Hospital) are prime real estate and offer high rents compared to other stock in the same area of the same size. What locations are most desirable? Clifton has long been seen as one of the most desirable areas of the City. However, premium rents and sale prices in Clifton have encouraged people to settle in other areas. This has resulted in areas such as Southville becoming one of the most desirable areas to live for those that cannot afford Clifton. The Harbourside will always maintain high demand with its close proximity to all that Bristol has to offer. Areas on the periphery of the City Centre such as Brislington, St George, Montpelier and Easton are becoming more popular and are seen as the more affordable places to invest in today’s market.
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The Bristol Residential Letting Co.
SOUTHVILLE OFFICE
CLIFTON OFFICE
To contact Don, email don@bristolreslet.com , telephone 0117 370 8818 or find out more about The Bristol Residential Letting Co by visiting www.bristolreslet.com
SOUTHVILLE OFFICE : 0117 370 8818 CLIFTON OFFICE : 0117 973 5237
why sell with
hollis morgan? Because again in 2018 we sold more £££s of land and property by auction than ALL the other auctioneers in the region combined!
185 LOTS OFFERED IN 2018 RAISING
… WITH
OVER £43m FOR CLIENTS ACROSS THE WEST COUNTRY hollismorgan – the results speak for themselves… THE most successful AUCTIONEERS IN THE REGION FOR THE LAST 8 YEARS *
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2018 our results
TOTAL SOLD £ M
LOTS OFFERED
Hollis Morgan
185 £43.7m
146
£23.4m
MAGGS & ALLEN
76
£12.3m
AUCTION HOUSE BRISTOL AND WEST
now with over £270 million of auction sales since 2010!
45
£4.1m
DAVID JAMES
30
£3.7m
DAVID PLAISTER LTD
* Source: EI Group 2011-2018 based on ‘amount raised’.
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 2019
residential sales | auctions
we want your
renovated property…
Be a part of the hollis morgan property cycle… Many of our successful auction clients instruct the Hollis Morgan Residential Team to sell their renovated and new build properties. If you instruct our residential sales
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team to sell your renovated property, we will refund your buyers’ premium*.
Your property is only new to the market once... get it right first time with Hollis Morgan
hollismorgan – not just auctioneers…
TEL | 0117 973 6565 | 9 Waterloo Street, Clifton, Bristol BS8 4BT www.hollismorgan.co.uk | post@hollismorgan.co.uk
* to be deducted from our commission upon completion.
THE PROPERTY CYCLE … BUY … BUILD … SELL … REPEAT
THE PROPERTY CYCLE BUY AT AUCTION , BUILD OR REFURBISH . SELL WITH OUR RESIDENTIAL SALES TEAM . REPEAT THE CYCLE .
BUY
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BUILD
REPEAT
SELL
turn the page to see some successful examples …
sales
r e s i d e n t i a l
residential sales | auctions
SOLD by us at our auction…
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BEFORE
“ ” IN THE AUCTION CATALOGUE WE SAID : Planning Granted for 6 x 2-bed houses… PROPOSED ELEVATIONS
Plot @, Catherine Mead Street, Bedminster, Bristol BS3 1XH was bought at a hollismorgan auction.
residential sales | auctions 0117 973 6565
THE PROPERTY CYCLE … BUY … BUILD … SELL … REPEAT
… SOLD by our New Homes department
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AFTER
3 | SOLD BY US Six Freehold townhouses with aesthetically pleasing external finishes, carefully constructed to be energy efficient . Arranged over three levels: GROUND FLOOR front-to-back ‘open plan style’ living, with stylishly appointed contemporary kitchens and access to private enclosed lawned gardens; FIRST FLOOR two double- bedrooms and a family bathroom; SECOND FLOOR master bedroom with en-suite shower room. 1 2 | |
hollismorgan – not just auctioneers…
sales
r e s i d e n t i a l
residential sales | auctions
SOLD by us at our auction…
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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 PROPERTY CYCLE … BUY … BUILD … SELL … REPEAT
…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 PROPERTY CYCLE … BUY … BUILD … SELL … REPEAT
…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 PROPERTY CYCLE … BUY … BUILD … SELL … REPEAT
… 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 PROPERTY CYCLE … BUY … BUILD … SELL … REPEAT
…refurbished and SOLD by us by private treaty
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AFTER
SOLD 11 All Saints Road is an exceptional period apartment situated on the hall floor level of a grand
Victorian building, the property has been carefully restored by its current owners, combining exquisite period features with modern touches to produce a stunning home. hollismorgan – not just auctioneers…
sales
r e s i d e n t i a l
£310 K SOLD
LOT 1
GUIDE PRICE : £285 K +++ 30, HIGH STREET, STAPLE HILL, BRISTOL BS16 5HW
Staple Hill
PROPERTY AREA 2026.2 ft 2 /188.2 m 2
Prime Freehold for development ***Sold with Vacant Possession*** A Freehold semi detached period property retaining a wealth of period features. There is a large garage/coach house to the rear accessed from Edgeware Road. The property is now in need of complete modernisation but offers a wide range of opportunities; • Flat Development PP granted (PK18/3864/F) to convert into 3 self contained flats (2 x 2 Bed/1 x 1 Bed) • Family Home Potential for a 4/5 bedroom family home of classic period proportions with large garden and parking (STC) • HMO/Student Scope to convert the property into a 5 + bedroom HMO (STC) • Garage/further opportunities (STC) Planning has previously been refused to convert the existing garage. • Rental Appraisal: The Bristol Residential Letting Co.
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PROPOSED SCHEME
1 bedroom flat: £625pcm-£675pcm 2 bedroom flat: £725pcm-£775pcm
SOLICITORS
contact:
AMANDA EASTON, AMD SOLICITORS
AmandaEaston@amdsolicitors.com
£47 K SOLD
LOT 2
COACH HOUSE @, 40, CHURCHILL ROAD, BRISLINGTON, BRISTOL BS4 3RW
GUIDE PRICE : £25 K +++
Brislington
PROPERTY AREA 885.5 ft 2 /82.3 m 2
Quirky coach house with potential A Freehold coach house (885ft 2 ) arranged over two floors with small garden located to the rear of Churchill Road within walking distance of the vibrant Sandy Park High Street within the popular suburb of Brislington. • Garage/storage/workshop The property has scope for an excellent work shop/storage facility in this central location. Subject to consents • Residential dwelling Planning has previously been sought (2016) and subsequently refused 16/00898/F for a residential dwelling. Buyers may wish to try and utilise the public footpath opposite the coach house to alleviate the previous planning issues – interested parties must make their own investigations. • Office Scope for offices/commercial use (STC).
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PROPOSED SCHEME
SOLICITORS
contact:
PAUL JOHNSON, GOODY BURRETT SOLICITORS
Dunmow@goodyburrett.co.uk
£115 K SOLD
LOT 3
FLAT 24, STURMINSTER LODGE, STURMINSTER ROAD, STOCKWOOD, BRISTOL BS14 8ED
GUIDE PRICE : £100 K +++
Stockwood
PROPERTY AREA 540.0 ft 2 /50.2 m 2
Two bedroom apartment ***Reduced Price For Auction***
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A leasehold self contained two bedroom top floor purpose built apartment with allocated off street parking space situated in South Bristol between Keynsham and Whitchurch. • Leasehold: Residue of 999 years The property was recently listed with local agents at £140,000 and is now offered at a much lower price for sale by public auction. • Investment The property was recently let for £700 pcm. • Rental Appraisal: The Bristol Residential Letting Co. 2 bedroom flat: £650pcm-£700pcm • Management fee: £72 pcm • Reduced Price for Auction
SOLICITORS
contact:
JUSTINA PROSSER, COOKE PAINTER
JustinaP@cps-sols.co.uk
£323 K SOLD
LOT 4
190A, OVERNDALE ROAD, DOWNEND, BRISTOL BS16 2RH
GUIDE PRICE : £230 K +++
Downend
PROPERTY AREA 1140.7 ft 2 /106.0 m 2
Family home with potential ***Sold with Vacant Possession*** A Freehold end of terrace property with
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accommodation arranged over two floors occupying a larger than average plot with a single garage and rear access within the popular suburb of Downend. • Family Home for updating Now requires updating but offers scope for a fine family home with generous gardens. • Scope to extend to side and rear Potential to extend the existing property (STC) • Potential Plot to side and rear Scope for a potential additional building plot to the side and rear. (STC) • Flat conversion Potential to convert to flats and possible extension for extra flats. (STC) • Rental Appraisal: The Bristol Residential Letting Co. 3 bed flat: £1100pcm-£1200pcm
SOLICITORS
contact:
RICHARD CLEMENTS, WARDS
Richard.Clement@wards.uk.com
POSTPONED
5 LOT
Flat Scheme: Estimated GDV £3.425m-£3.575m GROUND FLOOR FLAT 1 678ft 2 2 Bed Private entrance, open plan kitchen/living space, Bedroom 1, Bedroom 2, Bathroom. Estimated Resale Values: £380,000-£400,000 FLAT 2 731ft 2 1 Bed Private entrance, kitchen Diner, Living Flat 6 699ft 2 Open plan kitchen/living space leading to balcony, Bedroom 1, Bedroom 2, Bathroom. Estimated Resale Values: £400,000-£420,000 Flat 7 764ft 2
2 Bed
2 Bed
Open plan kitchen/living space, Bedroom 1, Bedroom 2, Bathroom. Estimated Resale Values: £400,000-£420,000
room, Bedroom, Bathroom. Estimated Resale Values: £325,000-£335,000 FLAT 3 570ft 2 Open plan kitchen/living space, Bedroom 1, Bathroom. Estimated Resale Values: £300,000-£315,000 FLAT 4 731ft 2 Open plan kitchen/living space, Bedroom 1, Bedroom 2, Bathroom. Estimated Resale Values: £390,000-£410,000 FIRST FLOOR FLAT 5 775ft 2 2 Bed Open plan kitchen/living space, Bedroom 1, Bedroom 2, Bathroom. Estimated Resale Values: £400,000-£420,000 1 Bed 2 Bed
SECOND FLOOR FLAT 8 979ft 2
3 Bed
Open plan kitchen/living space, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom. Estimated Resale Values: £410,000-£420,000 FLAT 9 1044ft 2 2 Bed Open plan kitchen/living space, Bedroom 1, Bedroom 2, Bathroom. Estimated Resale Values: £420,000-£435,000
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PROPERTY AREA 8880.0 ft 2 /902.0 m 2
PROPOSED SCHEME
POSTPONED IN OUR JUNE AUCTION
LOT 5
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Redland flats opporunity l
BLENHEIM HOUSE, 16-18, BLENHEIM ROAD, REDLAND, BRISTOL BS6 7JW
GUIDE PRICE : £2.2 million +++
Redland
B
lenheim House is an imposing Freehold detached period property (8880ft 2 ) comprising 16 and 18 Blenheim Road and is arranged over three floors with a large undeveloped basement in one of the the most sought after and coveted locations in the city .
***Sold with Vacant Possession*** It has operated as successful nursing home for a number of years but is now offered with vacant possession Flat Development Planning has been granted (18/00305/F) to convert the property into an exclusive development of 9 luxury apartments in this highly sought after residential location. Estimated Total GDV £3.425m-£3.575m
Commercial Use/Nursing Home/Nursery The property has previously operated as a nursing home and could continue in the same use. Family Houses Interested parties may consider returning the property to its original set up as a pair of large semi detached family homes.
SOLICITORS JON WILSON, GREGG LATCHAMS
contact: jonathan.wilson@gregglatchams.com
£230k SOLD
LOT 6
GUIDE PRICE : £230 K +++ 12 STATION ROAD, CLEVEDON BS21 6NH
Clevedon
VALUATION By Steven Smith Town & Country Estate Agents
ELEVATIONS
Flat development opportunity ***Sold with Vacant Possession*** A Freehold mid terraced property arranged over three floors in a popular central location within the sought- after North Somerset town of Clevedon • Development opportunity Planning for two schemes have been granted to convert the property: • Option 1: 18/P/3851/FUL Retail Unit: 419ft 2 £40K 1 Bedroom Duplex: 559ft 2 £150K 1 Bedroom Flat: 505ft 2 £130K 1 Bedroom Flat: 527ft 2 £130K GDV: £450K • Option 2: 18/P/3852/FUL Retail Unit: 678ft 2 £65K 2 Bedroom Flat 710ft 2 £160K 1 Bedroom Flat 527ft 2 £130K GDV: £355K
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EXISTING
PROPOSED
SOLICITORS
contact:
Alexia Aradipiotis, Thrings
aaradipiotis@thrings.com
£165 K SOLD
LOT 7
251, SOUNDWELL ROAD, KINGSWOOD, BRISTOL BS15 1PW
GUIDE PRICE : £160 K +++
Kingswood
PROPERTY AREA 980.7 ft 2 /91.1 m 2
House – Reduced Price for Auction ***Reduced Price For Auction*** ***Sold with Vacant Possession*** A Freehold mid terraced period property (980ft 2 ) with two bedrooms and two reception rooms arranged over two floors with an enclosed rear garden and offered in good decorative order within the popular suburb of Kingswood. • Sold with Vacant Possession . • Reduced Price for Auction The property was previously marketed at £215,000 and is now offered at a reduced price. • Investment The property has excellent rental prospects – please refer to rental appraisal. • Important Information for buyers The property has seen a sale fall through due to A crack in the masonry of the rear extension and a slope on the kitchen floor. Refer to legal pack .
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• Rental Appraisal: The Bristol Residential Letting Co. 2 bed house: £825-£875pcm
SOLICITORS
contact:
Martin Chaffey, Ashfords
m.chaffey@ashfords.co.uk
POSTPONED LEGAL PACK DELAY
JUNE
LOT 8
RETAIL UNIT, 148, ST. MICHAELS HILL, KINGSDOWN, BRISTOL BS2 8DA
GUIDE PRICE : £110 K +++
Kingsdown
PROPERTY AREA 369.8 ft 2 /34.4 m 2
Commercial Investment Retail Unit A Freehold Retail Unit (369ft 2 ) occupying the ground floor of this mid terraced period property. St Michael's Hill is located in the heart of Kingsdown within close proximity to both the University of Bristol and the Bristol Royal Infirmary. • Sold subject to existing tenancy • Investment The property has been recently let (01/2019) for £7,200 pa on a 7 year lease. Please refer to legal pack for copy of the new lease.
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SOLICITORS
contact:
TIM ADAMS, ADAMS BURROWS
mail@adamsburrows.co.uk
POSTPONED LEGAL PACK DELAY
JUNE
LOT 9
BASEMENT FLAT, 148, ST. MICHAELS HILL, KINGSDOWN, BRISTOL BS2 8DA
GUIDE PRICE : £110 K +++
Kingsdown
PROPERTY AREA 502.4 ft 2 /46.7 m 2
Basement Flat Basement Flat ***Sold with Vacant Possession*** A leasehold (999 years) self contained basement (502ft 2 ) occupying the lower ground floor of this period terrace of mixed use properties. St Michael's Hill is located in the heart of Kingsdown within close proximity to both the University of Bristol and the Bristol Royal Infirmary. The property has been most recently used as ancillary storage to the adjacent restaurant with access from a communal hallway. • One bedroom flat There is scope to convert the basement into a self contained one bedroom flat. Subject to change of use and other consents. We are informed no previous planning has been
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sought for the conversion . • Office/Commercial Use As above.
SOLICITORS
contact:
TIM ADAMS, ADAMS BURROWS
mail@adamsburrows.co.uk
NEW HOMES
FOR SALE BY PRIVATE TREATY
A development of six contemporary townhouses
FROM £340,000-£385,000
Plots 1-6, Sussex Mews, Sussex Place, St Werburghs, Bristol BS2 9QP
www.hollismorgan.co.uk/property-details/28684555/bristol/st-werburghs/6
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ussex Mews is an exclusive development of just six contemporary two and three bedroom Freehold townhouses due for completion in Summer 2019 . These attractive homes have bright and airy accommodation arranged over three floors with courtyard gardens and have been constructed to the highest environmental standards to ensure low heat loss and energy waste whilst effortlessly blending into the surrounding neighbourhood. S
key features
• NEW homes • 2 and 3 bedroom Townhouses
• Contemporary design • Arranged over 3 floors
external specification • Anthracite aluminium windows • Render finish • Composite front door • Outside lighting • Alarm System • Low maintenance, hard landscaped front and rear garden internal specification • Kitchen Fully fitted kitchens with integrated appliances • Ivory gloss wall & base units • Stainless steel sink with mixer taps • Laminated worktops with glass splash backs • Polished chrome power sockets • Under cabinet lighting • Living space Engineered oak flooring • Oak veneer panel doors • Doors leading to garden • TV & Telephone Points • Recessed LED lighting • Family Bathrooms/En-suites • Tiled bathroom with white suite • Shower over bath • Underfloor heating • Wall Hung Toilets • Electric Towel Rails • Oak veneer panel doors • Recessed LED lighting • Bedrooms TV & Telephone Points • Pendant Light Fittings • Oak veneer panel doors
• Private courtyard gardens • Currently under construction • Completion due Summer 2019 • Available off-plan
• Register your interest • NOW taking deposits
POSTPONED LEGAL PACK DELAY
JUNE
LOT 10
THE MAISONETTE, 148, ST. MICHAELS HILL, KINGSDOWN, BRISTOL BS2 8DA
GUIDE PRICE : £180 K +++
Kingsdown
PROPERTY AREA 593.4 ft 2 /55.1 m 2
Two-bed maisonette A leasehold (999 years) two bedroom, two bathroom maisonette positioned at the rear of this Victorian mid terraced mixed use property. St Michael's Hill is located in the heart of Kingsdown within close proximity to both the University of Bristol and the Bristol Royal Infirmary. The property has an open plan kitchen living space and small terrace/garden area. • Sold subject to existing tenancies • Investment The property is currently let on a rolling AST agreement. The current tenant has been in situ for 4+ years and is paying £700 pcm We are informed there is an agreement to increase the rent to £850 pcm from September. • Basic updating – Rent Increase/resale The property would benefit from some basic updating for resale or to potentially increase the rental income.
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LOT 11
SOLICITORS
contact:
TIM ADAMS, ADAMS BURROWS
mail@adamsburrows.co.uk
£20 K SOLD
LOT 12
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DOUBLE GARAGE, COLLINS STREET, AVONMOUTH, BRISTOL BS11 9JJ
GUIDE PRICE : £15 K +++
Avonmouth
Double garage with potential ***Sold with Vacant Possession*** A Freehold double garage to the rear of Collins Street but fronting Portview Road in the busy port town of Avonmouth. Please note the garage is sold with a covenant restricting any commercial use but this does not include use as a domestic garage or residential development - refer to legal pack. • Garage/storage/parking A double garage with access parking from Portview Road. • Development potential There is scope to demolish the existing garage and erect a larger garage(s) or a residential dwelling – Subject to consents.
LOT 11
SOLICITORS
contact:
JONATHAN BECK, CARBON LAW
Jonathan.Beck@carbonlawpartners.com
£80 K SOLD
LOT 14
PLOT ADJACENT TO, 1 ROSE GREEN, GREENBANK ROAD, EASTON, BRISTOL BS5 6HS
GUIDE PRICE : £70 K +++
Easton
PROPOSED SCHEME
Corner Plot – Planning Granted An end of terrace Freehold parcel of land (Formerly gardens to 1 Rose Green) sold with vacant possession. Greenbank Road is a quiet residential street located just off Rose Green Road within the popular suburb of Greenbank. Local amenities and services are all within close proximity including independent retailers, convenience stores, bars, cafes and restaurants. Bristol City Centre is approximately three miles away. • Building Plot – Planning Granted Planning has been granted (16/00349/F) to erect a semi detached 3/4 bedroom property arranged over 2 floors plus attic with garden to side and rear. • Further Development
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Given the additional land to the side of the property there may be scope for a larger or another property on the plot Subject to consents.
• Rental Appraisal: The Bristol Residential Letting Co. 3 bedroom house: £1000pcm- £1100pcm
SOLICITORS
contact:
KATRINA BARTLETT, WARDS
Katrina.bartlett@wards.uk.com
£220 K SOLD
LOT 15
GUIDE PRICE : £200 K +++ 20, HIGH STREET, THORNBURY BS35 2AH
Thornbury
PROPERTY AREA 2213.6 ft 2 /205.7 m 2
Commercial Investment A Grade II Listed Freehold mid terraced commercial property (2213.6ft 2 ) arranged over three floors (plus basement) and sold subject to the existing tenancies on this vibrant Thornbury High Street. • Commercial Investment The properties are sold subject to the existing tenancies producing £21,500 rental income per annum. Ground Floor The ground floor lease with Break commenced 29.11.2016 for a period of 10 years with a 5 year break clause. The first and second floor lease with Thornbury Tax Savers Ltd commenced on 14.08.2017 for a period of 10 years with a 5 year break clause. Annual rent is £9,000 Please refer to legal pack for copies of the tenancy agreements. Annual rent is £12,500 First and second Floors
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SOLICITORS
contact:
ANDREW COOPER, STAR-LEGAL
Andrew.Cooper@star-legal.co.uk
£250 K SOLD
LOT 16
129, ALLISON ROAD, BRISLINGTON, BRISTOL BS4 4PG
GUIDE PRICE : £220 K +++
Brislington
PROPERTY AREA 1187.7 ft 2 /110.3 m 2
House for updating ***Reduced Price For Auction*** ***Sold with Vacant Possession***
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A Freehold detached 1960's property (1187ft 2 ) with accommodation primarily arranged on the first floor with a garage and undeveloped basement area (not shown on floors plans). The property occupies a prominent and elevated position with bright and airy accommodation plus parking and attractive enclosed rear garden. Sold with vacant possession. • Reduced Price for Auction The property was previously on the market with local agents at £360,000 and is now offered at a much lower price for sale by auction. • Requires updating The property now requires updating but offers huge potential in this sought after location. • Basement The garage and basement area could be converted to provide further accommodation (subject to consents).
SOLICITORS
contact:
Malcoolm Buck, Fussell Wright
malcolm.buck@fussellwright.co.uk
JULY AUCTION £72 K ORIGINALLY POSTPONED LEGAL PACK DELAY
SOLD
LOT 17
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LAND ADJACENT TO, 13, CAPGRAVE CLOSE, BRISLINGTON, BRISTOL BS4 4TJ
GUIDE PRICE : £65 K +++
Brislington
PROPOSED SCHEME
Freehold Plot – Planning Granted A Freehold corner plot formerly the gardens of Number 13 on a quiet residential area located just off Broomhill Road within the popular suburb of Brislington. Sold with vacant possession. • Development Site Planning has been granted (18/05624/F) to erect a semi detached two bedroom plus study house in this sought after location.
SOLICITORS
contact:
AMANDA EASTON, AMD SOLICITORS
AmandaEaston@amdsolicitors.com
JUNE AUCTION £10 K SOLD
LOT 18
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GARAGE @, PALMERSTON ROAD, REDLAND, BRISTOL BS6 7RH
GUIDE PRICE : £10 K +++
Redland
Redland garage A Freehold single garage in a rank of three (right hand side garage) with vehicular access from Palmerston Road within the popular residential suburb of Redland. • Garage Garage in a sought after location where parking is at a premium. • Investment We understand the garage would let for circa £50 PCM . • Storage Excellent storage. • Strategic land/development of rank We suggest there is long term development potential of the whole site and this may prove a wise strategic investment. There may be scope to engage with the other 2 owners to develop the rank into modern garages/residential (subject to consents).
SOLICITORS
contact:
Gabrielle Artess, Barcan Kirby
g.artess@barcankirby.co.uk
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