Sold @ Auction, BS3

Hollis Morgan JULY AUCTION - A Freehold OPPORTUNITY to renovate EXISTING 3 BED (806 sq ft) and to extend existing 1 bed (481 sq ft) to create 2 BED GARDEN FLAT.

FOR SALE BY AUCTION

*** SOLD @ AUCTION ***GUIDE PRICE - ?170K +++SOLD @ ?230KLOT NUMBER 3Wednesday 19th July 2017All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY Legal packs will be available for inspection from 18:00. The sale will begin promptly at 19:00

SOLICITORS

Gregg LatchamsSue [email protected] 906 9400

ONLINE LEGAL PACKS

Digital Copies of the Online legal pack can be downloaded Free of Charge. Please visit the Hollis Morgan Website and select the chosen lot from our Current Auction List. Follow the RED link to Download Legal Packs For the first visit you will be required to register simply with your email and a password. Having set up your account you can download legal packs or if they are not yet available they will automatically be sent to you when we receive them. You will be automatically updated by email if any new information is added. *** STAY UPDATED *** By registering for the legal pack we can ensure you are kept updated on any changes to this Lot in the build up to the sale.

THE PROPERTY

A ground floor one bedroom apartment (481 sq ft) with large yard to rear and a first floor three bedroom apartment (806 sq ft).Freehold and sold with vacant possession.

LOCATION

The property occupies a prominent corner plot located on the increasingly vibrant Winterstoke Road in the heart of Bedminster. Local amenities and services are all within walking distance including convenience stores, local cafes, public houses and a Sainsbury s superstore. Bristol City Centre is approximately two miles away.

THE OPPORTUNITY

GROUND FLOORExisting 1 bedroom ground floor flat in need of basic updating.Planning has been sought ( refer to legal pack ) to extend the property to the rear to create a 2 bedroom, 2 bathroom garden flat.There may also be scope to create 2 x 1 bedroom units subject to PP.FIRST FLOORExisting 3 bedroom flat in need of basic updating. *** EXCELLENT INVESTMENT OR RESALE ***

PLANNING PENDING

Reference 17/03012/FAlternative Reference PP-06109814Application Received Tue 30 May 2017Application Validated Thu 06 Jul 2017Address 15 Winterstoke Road Bristol BS3 2NNProposal Proposed extension of ground floor flat and associated works.Status Pending considerationAppeal Status UnknownAppeal Decision

NEW HOMES - GDV ADVICE

Two bedroom flat - ?160,000 - ?170,000Three bedroom flat - ?175,000 - ?185,000Please contact Calum Melhuish from the Hollis Morgan New Homes team to discuss GDV and details on this development. 0117 973 65 [email protected]

RENTAL APPRAISAL

The local lettings experts say:The Bristol Residential Letting Co. are confident this property would make a good rental investment. Don McKeever of The Bristol Residential Letting Co suggests rents in the region of:1 Bedroom Flat - ?725pcm3 Bedroom Flat - ?1050pcm If you would like to discuss more detail on the potential for rental, you can call Don (0117 370 8818) for a no obligation discussion. He will be very happy to advise on maximising the return on this property.

EPC

For full details of the EPC please refer to the online legal pack.

BUYER'S PREMIUM

Please be aware all purchasers are subject to a ?750 + VAT buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.

GUIDE PRICE

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.

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.

PRE AUCTION OFFERS

Some properties may be available to buy prior to the auction. Pre auction offers can be only submitted by completing the OFFER FORM which can be downloaded with the online legal pack - please email the COMPLETED form to [email protected]. 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 buyer s premium ( ?900 ) to Hollis Morgan. Contracts can be signed either via the solicitors or at the Hollis Morgan offices subject to appointment.

SURVEYS AND VALUATIONS

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.

TELEPHONE AND PROXY BIDDING

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 ?900) are required by the Auction Department at least two full working days before the auction.

AUCTION BUYERS GUIDE VIDEO

We have short video guides for both buying and selling by Public Auction on the Hollis Morgan Website. If you have any further questions regarding the process please don t hesitate to contact Auction HQ.

TESTIMONIALS

We are very proud of what our past clients have say about us - please visit the Hollis Morgan website to read their testimonials.

CHARITY OF THE YEAR

Hollis Morgan are supporting Bristol based Life for a Cure as our 2017 Charity of the year which aims a LIFE for a CURE , to raise funds in support of finding the Ultimate Vaccine for Meningitis B. We are delighted to announce that 5 % of every buyer s premium will be donated to a Life for a Cure which was founded as both a legacy to Ryan and to help raise awareness and valuable funds in search of the ultimate vaccine. This Bristol charity run purely on a voluntary basis is simply about working together to stop other amazing young lives being lost to meningitis. - to learn more about Ryans Story and this fantastic cause please visit there website. www.ryanbresnahan.org/ In 2016 we raised ?4,000 for Bristol based housing charity Home Start to learn more visit the charity section of our website - www.hollismorgan.co.uk/charity/