auct ion FEBRUARY 2018
ON SOLD EDITION SOLD residential sales | auctions
bristol and the west country's biggest property event
BRISTOL ’ S MOST EXPERIENCED
UP TO 750 PEOPLE
ATTEND OUR AUCTIONS
AUCTIONEER
WE SELL THE MOST £££’ S
MAILING LIST OF 15,000
INVESTORS , DEVELOPERS
OF PROPERTY BY AUCTION
IN THE REGION
AND FAMILY BUYERS
* Source: EI Group 2011, 2012, 2013, 2014, 2015 2016 and 2017, based on ‘amount raised’.
Welcome to our first sale of 2018 and we are all looking forward to see how the year pans out – as ever we have the widest range of land and property opportunities from across the region with lots ranging from Water Mills to Luxury Homes, Garages to Churches with something to suit every budget! Last year Hollis Morgan sold more £££'s of land and property by auction than all the other Bristol Auctioneers combined with over £49m of successful sales and since we formed in 2010 we have sold the most £££'s of land and property by Public Auction in the region – EVERY YEAR! Hollis Morgan are supporting Bristol charity based Off the Record! as our 2018 charity of the year with 5% of each buyers premium donated to help provide free and confidential mental health support and information to young people aged 11-25 in Bristol – www.otrbristol.org.uk In 2017 we were delighted to be involved in raising £30,000 over 3 events for the ‘a Life for a cure‘ Bristol based meningitis charity – www.ryanbresnahan.org Visit the Charity page of our website for further details - www.hollismorgan.co.uk/charity Good luck tonight and we look forward to seeing welcome to our february auction “ OUR 2017 MAGGS & ALLEN AUCTION HOUSE BRISTOL COOPER AND TANNER DAVID PLAISTER LTD BESLEY HILL STEPHEN & CO 2017 RESULTS Hollis Morgan
results
TOTAL SOLD £ M
LOTS OFFERED
123 22,969,400 195 49,241,000
68 10,286,000
77 7,824,000
46 3,583,800
13 2,247,000
16 2,002,000
* Source: EI Group 2011-2017 based on ‘amount raised’.
Our Charity of the year for 2018 is Off The Record Bristol
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www.otrbristol.org.uk
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you at the complimentary bar afterwards to celebrate your successful sale or purchase!
Oliver Hollis
BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
introducing our auction team
the members of our team
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Calum Melhuish, Nick Heal, Mike Hayne;
TOP ROW
Sarah Western, George Harris. Karine Cadoret and Sarah Cocks.
BOTTOM ROW LEFT TO RIGHT
Andrew Morgan MBE Andrew is one of the most respected and well known estate agents and auctioneers in Bristol having spent a lifetime in residential agency and on the auction rostrum and is recognised as one of the most experienced provincial auctioneers in the country. His knowledge of property is second to none which is invaluable to one of the fastest growing agencies in the region. His love of Bristol and his obvious concern for others has led him to be involved in a huge number of charitable events throughout his career raising thousands of pounds by his entertaining charitable auctions. For this work he was awarded The MBE in The Queen’s Birthday 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 BS C (HONS)
Olly has worked in Estate Agency since 2003, beginning his career as Andrew’s junior negotiator at a local independent firm before moving on to auction assistant and eventually running the sales department. Olly then founded Hollis Morgan with Andrew in 2010. Having been brought up in Clevedon his
family moved to Bristol in the early 90s where with his two brothers he attended Clifton College. As a gap year after school he worked as a swimming pool salesman in Oxford before moving to Cardiff to complete a
Marketing Degree before moving back to Bristol to start his career in property.
BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
buying at auction – an exciting opportunity
Four essential things to prepare for an auction • solicitors • survey • finance • ID Auctions offer a whole range of different and exciting property opportunities - why not see what is on offer? It may seem a daunting process to buy in a saleroom but if you follow these guidelines it is a very straightforward and enjoyable process. Do not be afraid to ask for guidance from us - we are there to help you. Can I attend an auction to see what happens? An auction is a public event you are most welcome to attend. We recommend that anyone thinking of buying by this method attends auctions in order to familiarise themselves with the process. How do I find out about new properties? Join our mailing list by either calling the office or send us an email via our website. How do I view the property? Viewings will be arranged and times published. You can view at these times without making an appointment. Arrive early to take advantage of the maximum viewing time. What is a price guide? An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price
(see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction. What is a reserve price? The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. Can I make an offer? Pre-auction offers can be only submitted by completing the OFFER FORM which can be downloaded within the online legal pack. Please note offers will not be considered until you have viewed the property and the COMPLETE legal pack has been released. In the event of an offer being accepted, the property will only be removed from the auction and viewings stopped once contracts have successfully exchanged subject to the standard auction terms and payment of the buyers premium to Hollis Morgan. Can I bid on the telephone? If you cannot attend the auction (although we strongly advise you do) you can make a TELEPHONE or PROXY BID. This authorises the auctioneer to bid on your behalf up to a pre-set limit. Forms and relevant conditions are available to download with the online legal pack. A completed form, ID and two cheques (one for the 10% deposit and one for the Buyer's Administration Fee of £1,000+VAT) are required by the Auction Department at least two full working days before the auction. Should I have a survey? If you would like to arrange a survey or mortgage valuation of this Lot BEFORE the auction please instruct your appointed surveyor to contact Hollis Morgan and we will arrange access for them to inspect the property. Please
note that buyers CANNOT attend the surveys and the surveyors are responsible for collecting and returning keys to the Hollis Morgan offices in Clifton. What is a legal pack? A legal pack is prepared by our clients solicitor and Digital Copies of the Online legal pack can be downloaded Free of Charge. *** STAY UPDATED *** By registering for the legal pack we can ensure you are kept updated on any changes to this Lot You will need to bring a cheque or debit card to the auction for the deposit of 10% of the buying price (minimum £2,000) which is payable to our client's solicitor. CASH IS NOT ACCEPTABLE. Is there a Buyers Premium? You will need to bring a separate cheque to the auction payable to hollis morgan for £1,000+VAT (total £1,200). Do I need ID? You will need to bring photographic identification with you on the sale night. See our separate download for full details. Can someone bid on my behalf? Someone else can bid for you. They should make themselves known to the auctioneer prior to the sale. They must be prepared to sign the contract on your behalf and pay the required deposit. They must also bring ID with them. For more information watch our Buyers Guide Video @ www.hollismorgan.co.uk
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You can download the full Buyers and Sellers Guides from our website www.hollismorgan.co.uk
BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2018
selling at auction – a brief guide
Hollis Morgan regularly hold the largest property auctions across Bristol and the West Country from our iconic Sale Room in Clifton, since we formed in 2010 we have sold the most £££'s of land and property by Public Auction in the region – EVERY YEAR! Between 2010 and 2017 we have held 45 auctions, offering 1135 lots and raising over £225m for clients across the region Did you know…Hollis Morgan sold more £££’s of land and property by auction than all the other Bristol Auctioneers combined in 2017 with over £49m of successful sales! We have approximately 40-60 lots per catalogue ranging from £10k to £3m and up to 750 people attend our iconic sales. The key benefits of a sale by public auction Speed – Exchange on the night with 28 day completion Closure – 10% deposit taken on the night and deal is done.
played out in front of your own eyes meaning no "what ifs!" Why Hollis Morgan? We sell the most £££'s of property by auction in Bristol and the West Country. Most Successful Auctioneers in the region since 2010. Bristol's most experienced auctioneer Andrew Morgan MBE. Advertised online with auction specific posts on BOTH Rightmove, Zoopla plus many other search portals. High profile weekly press campaign focusing on the Bristol Property Live newspaper with regular adverts in the Western Daily Press, North Somerset Times and Bath Chronicle. Online Mailing list of 15,000 investors, developers, self-builders and family buyers. Local, national, regional and international audience. Most lots for sale and highest attendance. Approximately 750 people attend our auctions. Prestigious Clifton auction venue Regional office covering Bristol and the West Country. Experienced team offering expert advice. Download the full Sellers Guide or watch the video at www.hollismorgan.co.uk
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Intense 6 week marketing campaign with local, national and international coverage Access to a both traditional family buyers and the professional market.
Control – you have set out your plans for buyers to follow - you are in charge Reserve – you set a reserve which protects you from selling for less than you want.
Best possible price is achieved – and it is
You can download the full Buyers and Sellers Guides from our website www.hollismorgan.co.uk
BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2016
AUCT I ON F I NANCE PROPERTY INVESTMENT DEVELOPMENT FINANCE BRIDGING
We can offer independent advice for all your property auction related financial requirements
If you are looking to finance your property needs at auction we can offer independent financial advice specifically suited to developers and investors, with…
our services include
auction finance options
bridging and commercial finance specialist for the self-employed
RESIDENTIAL AND BUY - TO - LET MORTGAGES
residential, buy-to-let and remortgaging
‘agreement-in-principle’ from most lenders within hours
SECURED LOANS AND BRIDGING LOANS
TELEPHONE : 0117 973 4300 E - MAIL : info@stevemears.com
LIFE COVER FOR FAMILY AND BUSINESS INCLUDING TRUSTS
COMMERCIAL MORTGAGES AND FINANCE
INDEPENDENT FINANCIAL ADVICE
PROTECTION AGAINST ILLNESS FOR FAMILY AND BUSINESS
Typically we charge a fee of £395 for processing the mortgage and this will be payable in two instalments. Initially £200 will be payable when we submit your application form to the lender and the balance of £195 will be payable within 14 days of the loan completing. If your mortgage proceeds to completion we will also receive any commission payable from the lender. Our fees are dependent upon your circumstances and therefore could be more than this. THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE COMMERCIAL FINANCE OR ADVICE ON WILLS AND TRUSTS. THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE SOME ASPECTS OF BUY TO LET MORTGAGES AND BRIDGING LOANS. Steve Mears Independent Mortgage Services is a trading name of Steve Mears Ltd, Registered in England and Wales – Registered Number 6180562; Registered office: 28 Alma Vale Road, Clifton, Bristol BS8 2HY; Directors: Steve Mears and Emma Mears. Steve Mears Independent Mortgage Services is an appointed representative of Owen and Associates, which is authorised and regulated by the Financial Conduct Authority. Your home or property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
introducing steve mears – independent financial advisor the money man
Should you form a limited company for your buy-to-let investment?
“
We have had a lot more clients asking about Limited Company Buy to Let in recent weeks, so I thought I would provide some very brief information. With such a big decision, a chat with us is obviously a good plan, but an accountant is also a must!
Pro’s There are a couple of financial reasons why you might choose to own property as a company rather than an individual. Firstly, the way you are taxed on the rental income will differ slightly. If you own a property as an individual, the money you get from rent will be taxed as income tax, alongside your other earnings. But, if you choose to invest a property in your limited company, the profit you make will be liable to Corporation Tax instead, which is usually lower than the higher rates of income Tax. Therefore, it could make a huge difference to the amount of tax you pay, if you pay income tax at 40% or higher. Rental profits taken as salary or dividends will be taxable income taken from your band. However, there are ways you can take your dividends to maximise tax efficiency, or you can leave them within the company to use on your next investment property. For low rate Tax payers, it’s harder to justify restricting yourselves to this type of product, but still seek advice. Con’s The main difficulty you might come across if you intend to use your limited company to buy property, is finding a suitable lender. We can help with this,
” “ …as usual, make sure you get the very best deal available – a consultation costs nothing… but the majority of buy-to-let lenders will not lend to limited companies, and if they do, Rates and fees are usually higher. Although it is possible to approach a commercial lender, you are likely to come across even higher interest rates and lower loan-to-value ratios. The other downside is that you will need to file annual company accounts that might incur additional costs and time. As usual, My advice to anyone with any borrowing at the moment, is to make sure that they have the very best deal available to them, as a consultation costs nothing but a little time, and rates are still very competitive. We are always available at the auctions to have a quick chat, or our office is on Alma Vale Road, right around the corner. Happy bidding and we hope to talk soon.
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”
Please remember YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE .
to contact Steve, email info@stevemears.com , telephone 0117 973 4300 or to find out more about Steve Mears Independent, visit www.stevemears.com
why sell with
hollis morgan?
Because again in 2017 we sold more £££s of land and property by auction than ALL the other auctioneers in the region combined!
195 LOTS OFFERED IN 2017 RAISING
… WITH
OVER £49m FOR CLIENTS ACROSS THE WEST COUNTRY hollismorgan – the results speak for themselves… THE most successful AUCTIONEERS IN THE REGION FOR THE LAST 7 YEARS *
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* Source: EI Group 2011-2017 based on ‘amount raised’.
results
OUR 2017
2017 RESULTS
TOTAL SOLD £ M
LOTS OFFERED
Hollis Morgan
123 22,969,400 195 49,241,000
MAGGS & ALLEN
68 10,286,000
AUCTION HOUSE BRISTOL
77 7,824,000
COOPER AND TANNER
46 3,583,800
DAVID PLAISTER LTD
13 2,247,000
BESLEY HILL
16 2,002,000
STEPHEN & CO
hollis morgan
residential sales | auctions
Who and what are RESOC?
The UWE Real Estate Society (RESOC) was founded in 2017 by 3, second year UWE 'Real Estate' students and has grown into a great tool for the student body to take their interest in property
to the next level and get real world experience and make their own connections. The society works closely with the course lecturers and similar societies at other universities to organise great events and help improve the employability of our members.
• Offering talks from industry experts so that UWE students have better commercial knowledge. Who can join the society? All UWE students past and present are more than welcome to join our society, but we specifically focus on attracting students interested in employment in the built environment. We are very keen to hear from UWE property alumni and rebuild connections with them . More information about what we do is available on our website: www.resoc.co.uk and you can get in touch with us via email at: info@resoc.co.uk or speak to one of us this evening at the auction.
Who are the committee? We are a committee of 5 people consisting of various roles from different RICS accredited courses at the University of the West of England (UWE). We run the society because we are all focused on improving our career and building our networks from as early as possible and getting to know everyone on our courses. What is the aim of the society? The aim of our society is to help our members to develop employability, extend networks and build friendships. We do this by: • Organising social events for everyone to get to know people in different years and courses. • Giving our members opportunities to interact with industry experts by hosting events that will attract both professionals and students.
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BRISTOL AND THE WEST COUNTRY ' S BIGGEST PROPERTY EVENT
Hollis Morgan Auction Terms and Conditions apply. © Hollis Morgan Property Limited 2018
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
the sellers guide to
residential property
Andrew Morgan MBE , Oliver Hollis and their team are experienced local property professionals with a huge knowledge of residential property in North West Bristol and other prime areas of our City. From our Clifton Village office, we cover a broad range of the property market. Unlike many other firms, who focus on specific market niches, we are thoroughly experienced in successfully handling all aspects of the property market from Clifton townhouses to suburban family homes, rural retreats to mews houses, purpose built apartments to period conversions and penthouses to garden flats.
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residential sales | auctions 0117 973 6565 hollismorgan – not just auctioneers… ” … at Hollis Morgan we have almost 100 years of combined experience within our residential property team From years of experience we know that the key to successful selling is to create momentum based on the combination of a professionally considered asking price, powerful marketing and gentle, but skilful and effective negotiations to close a sale. “ r e s i d e n t i a l sales
residential sales | auctions
SOLD by us at our auction…
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OUR CL IENT SAID : "Excellent service yet again on the sale of a house. Calum and Mike kept in touch by phone and email throughout the whole process. The fees were very fair…Thanks guys!”
BEFORE
“ ” IN THE AUCTION CATALOGUE WE SAID : in need of updating…
26 Shipley Road Road, Westbury-on-Trym was bought at a hollismorgan auction.
residential sales | auctions 0117 973 6565
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
…refurbished and SOLD by us by private treaty
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AFTER
SOLD BY US Set in an elevated position, in arguably one of the most desirable locations in Westbury Village, No 26 underwent extensive renovation before coming back to market as a stunning three storey family home. SOLD in a little over a week for in excess of the asking price. hollismorgan – not just auctioneers…
sales
r e s i d e n t i a l
residential sales | auctions
SOLD by us at our auction…
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BEFORE
“ ” IN THE AUCTION CATALOGUE WE SAID : now needs updating…
51 Avon Way, Stoke Bishop was bought at a hollismorgan auction.
residential sales | auctions 0117 973 6565
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
…refurbished and SOLD by us by private treaty
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AFTER
SOLD The property recently underwent meticulous refurbishment resulting in a superb, warm and welcoming family home. Positioned in a generous 1/3 acre plot, in a quiet residential area with excellent amenities close by. A superb property SOLD at £550,000. hollismorgan – not just auctioneers…
sales
r e s i d e n t i a l
residential sales | auctions
SOLD by us at our auction…
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BEFORE
Land at: 76 Horfield Road, Cotham, Bristol BS2 8EQ was bought at a hollismorgan auction. “ ” IN THE AUCTION CATALOGUE WE SAID : A level site of 0.15 Acres located a few hundred yards from the University and BRI with Full Planning to erect 9 stylish flats.…
residential sales | auctions 0117 973 6565
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
… SOLD by our New Homes department
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AFTER
SOLD OUR CLIENTS SAID : " It was a pleasure to be associated with Hollis Morgan for our nine unit apartment development in Cotham, from site acquisition stage through to the sale of the units. We received informed guidance on what the market required in terms of prices, fixtures, fittings, finishes and anything else that cropped up. Not least due to their help and guidance, the development was a terrific success and we look forward to many more projects with this excellent team in the future. " W ESTBURY G UILDS L TD .
hollismorgan – not just auctioneers…
sales
r e s i d e n t i a l
residential sales | auctions
SOLD by us at our auction…
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BEFORE
“ ” IN THE AUCTION CATALOGUE WE SAID : now needs updating… FOR SALE AT AUCTION : A larger than average Hall Floor Flat with sole use of the front garden and four bedrooms – now in need of updating .
11 All Saints Road, Clifton was bought at a hollismorgan auction.
residential sales | auctions 0117 973 6565
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
…refurbished and SOLD by us by private treaty
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AFTER
SOLD 11 All Saints Road is an exceptional period apartment situated on the hall floor level of a grand
Victorian building, the property has been carefully restored by its current owners, combining exquisite period features with modern touches to produce a stunning home. hollismorgan – not just auctioneers…
sales
r e s i d e n t i a l
THE SELLER ’ S GUIDE TO RESIDENTIAL PROPERTY
” “ … It is essential that your properties are advertised online with both Rightmove and Zoopla – many agents only use one or the other … OLLY HOLLIS
the marketing campaign Online advertising accounts for 65% of buyer enquiries so a strong online presence is vital for your property – we rely on a combination of our bespoke property website alongside our dedicated micro site within the
Rightmove portal AND Zoopla – these two websites provide the
the valuation It is no longer good enough to simply base a valuation on ‘what the flat next door sold for’. We will supply you with a detailed history of asking prices and Land Registry prices in your area and demonstrate a comparison between your property and others. Add to this our knowledge of individual homes and our awareness of the marketplace, we are able to provide you with the accurate valuation to begin the marketing campaign.
majority of our enquiries and it is vital that your property is
profiled on BOTH portals – many agents only use one or the
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other. We also have a high profile weekly press campaign
focusing on the Bristol Property Live newspaper with additional
adverts in the Weston Daily Press and North Somerset Times.
Our Mailing list is meticulously managed with new applicants
registering at our Clifton Village office and in reality, we find 25 %
of our buyers are already registered with us.
DID YOU KNOW : Interestingly, 71% of our properties achieve the asking price or higher but in such a transparent market the right asking price is crucial – research shows the optimum price is achieved after 12 days of marketing and after 4 weeks the value tends to drift down.
© Hollis Morgan Property Limited 2018 [v4] sales
residential sales | auctions 0117 973 6565
r e s i d e n t i a l
£182 K SOLD
LOT 1
27, BERKELEY ROAD, FISHPONDS, BRISTOL BS16 3LY
GUIDE PRICE : £130 K +++
Fishponds
PROPERTY AREA 942.4 ft 2 /187.5 m 2
Period terrace for complete modernisation A Freehold mid terraced period property that has been empty for over 5 years and is sold with vacant possession. Within easy reach of Lodge Causeway Now requires complete modernisation but would make a fine 2/3 bedroom family home in this sought after location. Extension/attic conversion Scope for both extension to rear and attic conversion (subject to consents). Flat conversion Scope for 2 Flats (Subject to consents) HMO/student let Potential for 3/4 Tenants. Rental appraisal Piper Property £1,200 PCM . and a short distance of Fishponds Road. Requires complete modernisation
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SOLICITORS
contact:
Sinead Just, Battrick Clark Solicitors
email: sinead@battrickclark.co.uk
@ APRIL AUCTION SOLD
LOT 2
GUIDE PRICE : £155 K +++ TFF, 8, AMBRA VALE EAST, CLIFTONWOOD, BRISTOL BS8 4RE
Cliftonwood
PROPERTY AREA 487.3 ft 2 /145.4 m 2
Clifton Flat/Cash buyers only A Leasehold flat (487ft 2 ) occupying the top floor of this period terraced property that was converted into 4 flats in 2007 with far reaching views over the Harbourside. ***REDUCED PRICE FOR AUCTION*** Previously for sale by Private Treaty at £225,000 and has fallen through following survey reports. A copy of the survey report is available to inspect in the online legal report. Buyers may have issues obtaining a mortgage against the property.
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• Sold with vacant possession • Previously let for £775pcm.
SOLICITORS
contact:
Chloe Hague, Battrick Clark
chloe@battrickclark.co.uk
£190 K SOLD
LOT 3
118, RODWAY ROAD, PATCHWAY, BRISTOL BS34 5PG
GUIDE PRICE : £160 K +++
Patchway
PROPERTY AREA 1236.1 ft 2 /114.8 m 2
Mixed use with huge potential A Freehold mixed use property occupying a prominent position in an established retail parade and sold with vacant possession. • Requires modernisation Self contained flat and retail unit There is scope (subject to consents) to create a self contained 2/3 bedroom flat with independent access from the front or rear and the existing retail unit. Development of garage to rear There may be scope (subject to consents) to develop the garage area to the rear. • Rental Appraisal: Piper Property Self-contained 2 bedroom flat above shop: £775 PCM .
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SOLICITORS
contact:
Paul Taylor, Batchelor Sharpe
paul.taylor@batchelorsharp.co.uk
£180 K SOLD
LOT 4
GUIDE PRICE : £155 K +++ 53, HOLBEACH DRIVE KINGSWAY, QUEDGELEY, GL2 2BF
Quedgeley GLOS
PROPERTY AREA 855.6 ft 2 /79.5 m 2
Reduced price for auction A Freehold semi detached modern property (855ft 2 ) arranged over two floors with garden to side. The property is sold with vacant possession in good decorative order with gas central heating and double glazing. Holbeach Drive is located within a popular housing development in Kingsway. Gloucester is approximately three miles away and offers a variety of amenities and services including the Quays retail outlet. Kingsway boasts excellent transport links with the M5 less than two miles away offering direct routes to Birmingham and Bristol. Would make a fine family home or investment in this sought after location.
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SOLICITORS
contact:
Keeley Livingstone, Holmes & Hills LLP
kal@holmes-hills.co.uk
£85 K SOLD
LOT 5
PLOT TO REAR OF, 30, GERRARD CLOSE, FILWOOD PARK, BRISTOL BS4 1UH
GUIDE PRICE : £55 K +++
Filwood Park
PROPOSED DEVELOPMENT
Site with Planning A Freehold triangular parcel of land - formerly gardens to 30 Gerrard Close positioned at the end of a quiet cul de sac. Gerrard Close is located within the popular suburb of Filwood Park. Local amenities and services including convenience stores, pubs and cafés are all within close proximity. Bristol City Centre is approximately four miles away. • Planning Granted Planning has been granted to erect a semi detached two bedroom house with parking and gardens. DECISION : GRANTED subject to condition(s) APPLICATION NO : 17/01423/F.
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SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
SOLD £300k
LOT 6
GUIDE PRICE : £295 K +++ 223, FILTON AVENUE, HORFIELD, BS7 0AY
Horfield
PROPOSED DEVELOPMENT
Potential income £60k pa A mid terrace Freehold mixed use property with vehicular access to the rear and sold with vacant possession . Prominent position and excellent transport links to UWE and Bristol University. The MOD, Southmead Hospital, BAE Systems and Rolls Royce are close by and it is a short distance to Filton Abbey Wood railway station. • Build to let: high yielding opportunity Planning has been granted to develop the existing Freehold vacant unit into a purpose build 10 bedroom, 4 bathroom HMO investment property. Additional ground floor retail unit. • Rental Income We understand the rooms would achieve in the region of £450 PCM for the student market and potentially higher for professionals. £4,500 PCM (£54,000 PA )
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The Retail unit would achieve £6k-£8k PA . TOTAL POTENTIAL INCOME: £60kpa
SOLICITORS
contact:
Amelia Douchett, Forrester Sylvester Mackett
E: ameliadouchet@fsmsolicitors.co.uk
£160 K SOLD
LOT 7
PARCEL OF LAND, CAMPBELL FARM DRIVE, LAWRENCE WESTON, BRISTOL BS11 0LD
GUIDE PRICE : £90 K +++
Lawrence Weston
1 acre: development potential A Freehold parcel of land of approximately 1 acre with Road frontage onto Campbells Farm Drive on the Kingsweston/Lawrence Weston borders just, a short drive from Westbury-on--Trym, Shirehampton and Sea Mills. Requires Planning for residential development This large site is positioned adjacent to a high density residential housing scheme. We understand planning was previously sought and subsequently declined due to a negative flood risk assessment. Please note the updated and positive Flow estimation and hydraulic modelling report in the legal pack. Overage Given the likelihood of a high density residential scheme being granted the land will be sold subject to a 30% overage charge – please refer to legal pack for further information.
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SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
£185 K SOLD
LOT 8
GUIDE PRICE : £165 K +++ 29, BERKELEY ROAD, FISHPONDS, BRISTOL BS16 3LY
Fishponds
PROPERTY AREA 945.1 ft 2 /187.8 m 2
Period property for modernisation A Freehold mid terraced period property arranged over two floors with enclosed rear garden. Sold with vacant possession and within easy reach of Lodge Causeway and a short distance of Fishponds Road. • Requires modernisation The property now requires modernisation but would make a fine family home in this sought after location. • Extension/attic conversion There is scope for extension to rear and attic conversion (Subject to consents) • Flat conversion Scope for 2 Flats (Subject to consents) • HMO/student let Potential for 4+ tenants. • Rental appraisal Piper Property £1,200pcm.
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SOLICITORS
contact:
Paul Taylor, Batchelor Sharpe
paul.taylor@batchelorsharp.co.uk
£525 K SOLD
LOT 9
FAIRLAWN, 37, NORTH STREET, OLDLAND COMMON BS30 8TT
GUIDE PRICE : £295 K +++
Oldland Common
PROPERTY AREA 2292.9 ft 2 /213.0 m 2
Large period property with potential
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A Freehold semi detached period property (2292ft 2 ) arranged over two floors with parking/garage to front and garden to rear. Requires complete modernisation The vacant property now requires complete modernisation but would make a fine family home in this highly sought after location. Extension/attic conversion Scope to extend and create attic conversion subject to consents. Flat conversion Scope to convert to multiple flats subject to the necessary consents. HMO/investment Scope to create high yielding HMO/bedsit scheme subject to consents.
• Rental Appraisal: Piper Property
HMO: £500 per room pcm; 8+ rooms Family Home: £1500 pcm.
SOLICITORS
contact:
Julian Chapman, Devereux & Co
Julian@devlaw.co.uk
WITHDRAWN
LOT 10
6, MARLBOROUGH STREET, FISHPONDS, BRISTOL BS5 6RH
GUIDE PRICE : £200 K +++
Fishponds
PROPERTY AREA 881.9 ft 2 /81.9 m 2
Terraced house for updating A Freehold mid terraced period property (881ft 2 ) that has recently been occupied by tenants but is now offered with vacant possession. Requires basic updating/Family Home The property would now benefit from some basic updating. HMO Potential for a three bedroom HMO style house share Flat conversion Subject to gaining the necessary planning consent, there is scope to convert the property into 2 x 1 bedroom apartments.
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• Rental Appraisal: Piper Property House £1,000 pcm 3 Sharing £1400 pcm
SOLICITORS
contact:
Angela Hewitt, Batchelor Sharp
email: angela.hewitt@batchelorsharp.co.uk
LOT 11
HOUSE + PLOT, 9, EAGLE ROAD, BRISLINGTON, BRISTOL BS4 3LQ
GUIDE PRICE : £350 K +++
Brislington
PROPOSED DEVELOPMENT
Freehold renovation/development opportunity A Freehold detached family home occupying an elevated position + Plot located adjacent to the existing property. Located just off Bath road within the popular suburb of Brislington, Bristol City Centre is approximately 4 miles away. Renovate existing house The property now requires updating but would make a fine home or investment in this highly sought after location. There would be scope to extend the property and potential for an attic conversion subject to consents. Plot with Planning Planning has been granted to erect a two storey 3 bedroom house. Alternative scheme: Flats/HMO Subject to consents there may be scope for an alternative scheme such as flats or large HMO. Planning Granted REFERENCE 17/05126/F ALTERNATIVE REFERENCE PP-06386432
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SOLICITORS
contact:
Jon Aldous, Ocean Property Lawyers
E: j.aldous@oceanhome.co.uk
LOT 12
66, COURT ROAD, OLDLAND COMMON BS30 9SP
GUIDE PRICE : £325 K +++
Oldland Common
PROPERTY AREA 1505.9 ft 2 /139.9 m 2
Family home – reduced price for auction A Freehold detached family home (1,505ft 2 ) arranged over two floors with vehicular access/off street parking and double garage approached via private lane to the rear of the property (or via pedestrian access to side of property). The spacious family home commands an elevated and private position with excellent views and bright and airy accommodation with gardens to both front and rear. This large family home has recently had new windows and heating system installed plus works to the roof but now requires a decorative finish and possible rearrangement of the layout to suit individual tastes. Once completed this would make a large and comfortable family home in this sought after location. ***REDUCED PRICE FOR AUCTION*** Family home in need of basic updating
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• Rental Appraisal: Piper Property
Family Home: £1400 pcm
SOLICITORS
contact:
Tom Bowering, Wards
Tel: 0117 9292811
see our website for full property details www.hollismorgan.co.uk
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SOLD POST AUCTION
LOT 14
PARCEL OF LAND, HAY STREET, MARSHFIELD, SN14 8NL
GUIDE PRICE : £10 K +++
Marshfield
PROPERTY AREA 544.1 ft 2 /50.6 m 2
Parcel of Land A Freehold parcel of land retained by the developer of ‘Home Farm’ to the rear of the plot and now surplus to requirements. Marshfield is a highly sought after village approximately eight miles north of Bath and also benefiting from easy access to Bristol and Chippenham either via the A420 or the M4 Motorway. Range of uses: Potential – subject to consents The plot is currently an attractive grassed area but has the potential to be an additional garden, parking area or a possible development site (subject to obtaining any necessary consents). We understand that the land has previously had planning permission refused for development and buyers must make their own investigations.
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SOLICITORS
contact:
Sue Rzeznicki, Gregg Latchams
Email: Sue.Rzeznicki@gregglatchams.com
15 LOT
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Location Church Road is one of the prime residential locations in the City with The Downs and acres of open land, bounded by the spectacular Avon Gorge and Clifton Suspension Bridge is very close leading to Clifton Village with its Chelsea style and variety of restaurants etc. The centre of Bristol with its educational, shopping, business areas and entertainment and leisure facilities is within two to three miles. There are excellent golf courses within a short distance whilst The M4 & M5 motorways are easily accessible just to the north of Bristol.
PROPERTY AREA 5700.9 ft 2 /520.8 m 2
LOT 15
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Prime Sneyd Park family home…
GUIDE PRICE : £1 m +++
Sneyd Park
Freehold 1960s detached family home (3258ft 2 ) occupying a large plot in one of Bristol's premier residential locations with far reaching views to the rear. A 42, CHURCH ROAD, SNEYD PARK, BRISTOL BS9 1QT
Set back from the road and approached via a substantial driveway the family accommodation is arranged over 3 floors with an open plan dual reception area leading to an enclosed balcony plus a large kitchen dining room. The upper floors provide six double bedrooms and bathrooms plus a second raised balcony area. In addition to the driveway parking there is a large garage and enclosed rear garden. • Sold with vacant possession • Prime Family home – scope to upgrade
The property has been recently updated for the rental market (previously let for £2750 PCM ) and is offered in good decorative order with new kitchens, bathrooms etc. Given the resale values in the area in excess of £2m there is clearly scope to upgrade the standard of the refurbishment to suit an individual's taste.
SOLICITORS Sarita Mussai, Star Legal
contact:
e: sarita.mussai@star-legal.co.uk
WITHDRAWN TO SEEK PLANNING
LOT 16
GUIDE PRICE : £180 K +++ 127, STATION ROAD, YATE, BS37 5AL
Yate
PROPOSED FLOOR PLANS
Parcel of land with potential A Freehold parcel of land (386m 2 ) formerly a car park for the adjoining nursing home in the centre of Yate. Directions The land is accessed from Tree Leaze to the rear of Station Road. On the main road (Station road) at the roundabout take the second exit onto Church Road, then turn right on to Lawns Road and right again on to Tree Leaze. Building Plot There is scope to develop the site into 2 x 3 bedroom semi detached dwelling subject to consents No planning has previously been sought for this scheme. We suggest the GDV of the site with planning is £600,000-£650,000 (for 2 units) ***Images are proposed scene images only***
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SOLICITORS
contact:
Jonathan Pender, Phillips Law
jonathan.pender@phillips-law.co.uk
£440 K SOLD
LOT 17
SUNNYPATCH, CLEVEDON ROAD, TICKENHAM, BS48 1PN
GUIDE PRICE : £400 K +++
Tickenham
PROPOSED SCHEME
Planning Granted for luxury home A prime plot nestling on the upper section of Tickenham Hill comprising half an acre of mature gardens and a small bungalow with outstanding rural views over the Valley with woodlands to the rear. Convenient access to the M5 motorway network both North at Junction 19 or South at Junction 20. Nearby you will find Backwell School as well as the well regarded Downs School in Wraxall. Planning Granted – luxury home (2260ft 2 ) Planning granted to erect a luxurious detached family home set well back from the road, positioned towards the rear of the mature plot with far reaching rural views over the Valley. Potential for two dwellings Given the size of the plot there may be scope (subject to consents) to erect more than one dwelling on the site- buyers must make their own investigations. Planning Granted APPLICATION N O : 17/P/5217/FUL
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SOLICITORS
contact:
Martin Philips, Howard Kenny LLP
email martin.philips@howardkenny.com
£96 K SOLD
LOT 18
PLOT @, 1, BELLEVUE PARK, BRISLINGTON, BRISTOL BS4 4JR
GUIDE PRICE : £75 K +++
Brislington
PROPOSED SCHEME
Plot with Planning A Freehold parcel of land comprising garages and enclosed rear garden. The land is adjacent to 1 Bellevue Park which is in the process of being converted into 2 x 1 bedroom flats. Planning Granted: 3 bedroom house Planning has been granted to erect a stylish 3 bedroom house (925ft 2 ) with open plan living arranged over two floors plus enclosed rear garden. Scope to amend design There may be scope (subject to consents) to amend the design to create a 3 storey development and the possibility of multiple flats. Planning Granted REFERENCE 17/01123/F.
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• Rental Appraisal: Piper Property £1100 pcm
SOLICITORS
contact:
Tom Bowering, Wards
Email: tom.bowering@wards.uk.com
LOT 19
GARDEN FLAT, 139, ASHLEY ROAD, MONTPELIER, BS6 5NU
GUIDE PRICE : £180 K +++
Montpelier
Garden flat for investment A self contained garden flat (559ft 2 ) with private entrance approached via communal gardens (locked communal gate) to the under croft leading to a well proportioned one bedroom flat with excellent storage and open plan living space with French doors to courtyard and steps up to the main garden area.
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Reduced price for auction Recently on the market with local agents for £208,000 Investment The property is suitable for the rental market and would achieve in the region of £850 pcm Basic updating/resale There is scope for some basic updating for resale in the region of £250,000. There is also scope (subject to consents) to create further storage/accommodation in the courtyard area. • Leasehold • Sold with Vacant Possession • Lease length is 125 years. • Service charge £75 PCM . • Ground rent £200 pa increasing every 5 years (refer to legal pack for more information)
PROPERTY AREA 559.4 ft 2 /52.0 m 2
SOLICITORS
contact:
Robert Daniel, Boyes Turner LLP
DD: +44 (0)118 952 7298
LOT 20
GUIDE PRICE : £140 K +++ 46, ADELAIDE STREET, TREDWORTH, GL1 4NL
Tredworth GLOS
PROPERTY AREA 1165.8 ft 2 /108.3 m 2
End of terrace for investment Freehold period property occupying a prominent corner position with rear garden and off street parking, arranged as a four bedroom investment with communal lounge and kitchen areas (1,165ft 2 ). Investment/HMO Currently let to four tenants on individual licenses producing £14,400 per annum (£1,200 PCM ). There is scope to update the property and increase the income. Family Home The property would now benefit from some basic updating and has scope for a fine 3 bedroom family home in this central location. Flat conversion Scope for conversion to flats subject to consents. Attic conversion/extension There is scope for both an attic conversion and extension to the rear subject to consents.
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SOLICITORS
contact:
Sabrina Sleeman-Hiscock, Clarke Wilmott
sabrina.sleeman-hiscock@clarkewillmott.com
POST AUCTION £335 K SOLD
LOT 21
LAND TO REAR OF, 58, GRIMSBURY ROAD, KINGSDWOOD, BS15 9SD
GUIDE PRICE : £300 K +++
KIngswood
Planning Granted for 3 Houses A Freehold parcel of land accessed from Grimsbury Road and located 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. Planning has been granted to erect 3 Detached executive homes with gardens and garages. We understand the resale value of each unit is in the region of £325,000. GDV £975,000. Planning Granted NOTICE OF DECISION APP REF: PK16/4380/F Rental appraisal Piper Property £1150-£1200pcm.
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PROPOSED SCHEME
SOLICITORS
contact:
Kirstie Wilkins, Ocean
k.wilkins@oceanhome.co.uk
POSTPONED DELAY WITH LEGAL PACK
LOT 22
GUIDE PRICE : £10 K +++ LAND ADJACENT TO, 38, VERBENA WAY, WORLE, BS22 6RN
Worle
PROPOSED SCHEME
Plot – lapsed planning A parcel of land adjacent to 38 Verbena Way located just off Silverberry Road within the popular North Somerset village of Worle. Worle railway station is within walking distance and Somerset Avenue nearby provides transport links to the M5 Motorway network. Lapsed planning to erect a 3 bedroom semi detached home in a popular residential area. Please see with more detailed planning information in the online legal pack Original Planning – Lapsed APPLICATION TYPE : Full Planning Permission DEVELOPMENT : Erection of new dwelling in the side garden
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APPLICATION NO : 05/P/0438/F DECISION DATE : 21 Apr 2005
SOLICITORS
contact:
Farah Ahmed, ADK Law Solicitors
Email: farrah.ahmed@adklaw.co.uk
LOT 23
7 - 8, HIGH STREET, WESTON, BATH BA1 4BX
GUIDE PRICE : £565 K +++
Weston BATH
PROPERTY AREA 2844.0 ft 2 /264.2 m 2
Prime mixed-use investment/development
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A Freehold mixed use portfolio comprising 3 self contained retail units and a huge 3 bedroom maisonette on the upper floors. • 7 High Street Self contained retail unit – due to vacate. Current rent £500 PCM /Potential £600/£650 PCM • 7A High Street Self contained retail unit operating as A3 takeaway Current £650 PCM /potential £800-£850 PCM • 8 High Street Vacant 3 Bedroom maisonette for updating Potential Income £1500 PCM • 8A High Street Self contained retail unit operating as a hairdressers Current £500 PCM /potential £550/£600 PCM
CURRENT INCOME: £32,400 pa (Less £12,600 for vacant maisonette) POTENTIAL INCOME: £43,200 pa.
SOLICITORS
contact:
Irina Gorshkova, Clutton Cox
irina@cluttoncox.co.uk
£47 K SOLD
LOT 24
FIRST FLOOR FLAT, 1, BACK STREET, WESTON-SUPER-MARE, BS23 1RF
GUIDE PRICE : £35 K +++
Weston-super-Mare
PROPERTY AREA 393.0 ft 2 /36.5 m 2
Flat for modernisation A first floor one bedroom apartment in need of modernisation. • Leasehold: refer to legal pack for management costs etc • Sold with vacant possession. Back Street is situated within the heart of Weston Super Mare's town centre. Local amenities, services, independent retailers, pubs, bars, restaurants and the famous Grand Pier are all within walking distance. Bristol is approximately 24 miles away via the M5 motorway network. Requires modernisation The property is vacant and now requires modernisation Investment/resale Once updated the property has excellent rental/resale prospects.
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SOLICITORS
contact:
Andrew Cutland, John Hodge Solicitors
andrew.cutland@johnhodge.co.uk
£251 K SOLD
LOT 25
327, CHURCH ROAD, ST. GEORGE, BRISTOL BS5 8AA
GUIDE PRICE : £225 K +++
St George
PROPERTY AREA 1201.5 ft 2 /111.6 m 2
Mixed use: 10% ROI A Freehold detached mid terraced period property (1201ft 2 ) arranged as a ground floor retail unit with 4 bedroom HMO on the upper floors (1 x Studio and 3 x double rooms). The property has been recently refurbished with new kitchen and bathrooms. Located on the busy Church road where an array of local amenities and services are all within walking distance whilst St Georges Park is within a few hundred yards and Bristol City Centre is approximately two miles away. High yielding investment The property is full let with the following income; There may be scope to increase these rents – buyers should make their own investigations.
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Total Rental Income: £24,720 PA RETAIL UNIT - £350 pcm ( Rolling contract )
STUDIO - £600 pcm ( AST ) ROOM 2 - £350 pcm ( AST ) ROOM 3 - £380 pcm ( AST ) ROOM 4 - £380 pcm ( AST )
SOLICITORS
contact:
Tim Adams, Adams Burrows
tim@adamsburrows.co.uk
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