Period Property For Modernisation + Garage, BS5

Hollis Morgan NOVEMBER AUCTION - A Freehold end of terrace VICTORIAN property for MODERNISATION with an array of PERIOD features and GARAGE to rear plus VIEWS over Eastville PARK.

FOR SALE BY AUCTION

*** SOLD @ NOVEMBER AUCTION 95% SUCCESS RATE AND OVER ?10M OF LAND AND PROPERTY SOLD ***GUIDE ?180,000 +++SOLD @ ?265,000LOT NUMBER 1Wednesday 29th November 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

EXTENDED COMPLETION

Completion is set for 10th January 2018 or earlier subject to mutual consent.

PRE AUCTION OFFERS

On this occasion our clients will NOT be seeking any offers prior to auction.

WEEKLY SET VIEWING

The property is OPEN FOR 30 MINUTES but please leave a minimum of 15 minutes to inspect the property.Hollis Morgan would be grateful if you could arrive promptly to inspect the properties at the START of the specified times as we have scheduled viewings throughout the day and CANNOT wait for late arrivals. You do not need to book an appointment as it is a set viewing simply arrive at the stated time and a member of the Hollis Morgan Auction team will take your details and show you the property. Please note there are no viewings on Bank Holidays or on the day of the auction.

SOLICITORS

David PetersHenriques GriffithsWinterbourne OfficeTel 01454 [email protected]

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 Freehold end of terrace Period property arranged over two floors with side access and garage to rear plus undeveloped basement. The property has views over Eastville Park and features an array of period features.Sold with Vacant possession.

LOCATION

The property is situated on the vibrant and bustling Fishponds Road. A vast array of local amenities are immediately available including independent retailers, convenience stores, cafes, bars, restaurants. Bristol City Centre is approximately three miles away.

THE OPPORTUNITY

REQUIRES MODERNISATION / 3 BEDROOM HOUSEThe property now requires modernisation but would make a fine family home in this sought after location. Scope to move the bathroom to create bedroom 3EXTENSION / ATTIC CONVERSIONThere is scope for both extension to rear and attic conversion ( Subject to consents )FLAT CONVERSIONScope for 2 Flats ( Subject to consents )HMO / STUDENT LETPotential for 4 + Tenants.

RE SALE VALUES

Once fully modernised we understand the re sale value would be in the region of ?325,000.

RENTAL APPRAISAL

The Local Experts Say...Presented to a high standard we would expect to achieve a rental income in the region of ?1250pcm as a 3 bedroom family home. Alternatively the property could be let as an HMO and we would expect to achieve around ?525pcm per double room (on a single occupancy basis). If converted in to flats we would expect to achieve ?675pcm on a one bedroom flat and ?795 on a two bed. If you would like further information on our services or on this or any other property please contact us at our Bristol office on 01179 55 18 17 or via email at [email protected]. Alternatively please visit our website www.piperproperty.co.uk for information on our office locations, services and to find out how we do things differently.

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 (?900 inc 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.

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.

BIDDING AT THE AUCTION

This property is for sale by public auction and if you intend to bid please bring the following: Proof of identity (valid passport or photo driving licence). Proof of address (bank statement, recent utility bill, council tax bill or tenancy agreement). 10% deposit payment. Buyers premium payment. Details of your solicitor.

PAYING THE DEPOSIT & BUYERS PREMIUM

We can only accept the following at the auction: Personal or Company Cheque Bankers Draft Debit Card ( NOT CREDIT CARD )

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/