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Property Listing Details

Property details

  • 4 bedrooms
  • 2 bathrooms
  • 2 reception rooms

Features

  • For sale by public auction
  • Wednesday 27th November 2019
  • All saints church, clifton, BS8 2HY
  • Weekly set viewings
  • Download online legal packs
  • Period property
  • Arranged over 3 floors
  • Requires updating
  • Leasehold & vacant
  • Extended 6 week completion

Listing view statistics

Last 30 days: 1005 page views

Since listed: 1005 page views

Description

Hollis Morgan November auction - A vacant mid terraced period property ( 1410 Sq Ft ) in the heart of clifton village and now in need of updating but with huge potential.

For Sale By Auction

Lot number 43
Wednesday 27th November 2019
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal Pack Room and Registration will be open from 18:15
The sale will begin promptly at 19:00

Extended Completion

Completion is set for 6 weeks or earlier subject to mutual consent.

Pre Auction Offers

On this occasion the vendors will not be considering pre auction offers

Weekly Set Viewing

Wednesday 13th November @ 13:15 pm

Monday 18th November @ 14:00 pm

Wednesday 20th November @ 13:15 pm

Saturday 23rd November @ 09:00 am

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.
*** viewings subject to change - please check website on the day to confirm ***

Solicitors

Gareth Edwards
Percy Hughes & Roberts Solicitors

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.
There will be a note added to the list to confirm auction pack now complete when no further information is due to be 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

The Grade II Listed property comprises of the upper 3 floors of this mid terraced period property which has been arranged as an investment property for many years comprising a ground floor 1 bedroom flat and a 4 / 5 bedroom maisonette on the upper two floors.
The property is offered with a new 999 year lease as the Freehold and the basement flat ( accessed from Carters Buildings ) is being retained by the present owner.
We are informed by the sellers agent that the basement was converted ten years ago with full Building Regulations and Final Certificate.
Sold with vacant possession.

Location

Gloucester Street, is one of the last cobbled streets in the very heart of picturesque Georgian and Victorian Clifton in what is generally regarded as one of the premier locations in Bristol. Surrounded by a plethora of individual shops, boutiques and high quality restaurants there is the opportunity to enjoy the particular ambiance of this unique area which varies from Bohemian to Grandeur. The property lies within a short walk of the Downs with its acres of open land whilst the historic Clifton Suspension Bridge rapidly takes you into Somerset and the further green spaces of Ashton Court and Leigh Woods. The business areas of the city together with hospitals, schools, shopping, leisure and entertainment facilities are all within easy reach. Bristol is well served by motorways and high speed train services from both Temple Meads and Parkway stations and Clifton even has its own local railway station.

The Opportunity

3 / 4 bedroom house for updating

The property has been let for many years and now requires updating but has scope for a fine 3 / 4 bedroom home in this highly sought after location.
Flat conversion


Having been arranged and let as two separate units for a number of years there is scope to update the existing accommodation to provide a ground floor flat and upper floor maisonette.
Subject to consents.
Investment


Given the location the property has excellent rental prospects - please refer to appraisal.

Rental Appraisal

Clearly in need of extensive refurbishment this property would ideally be converted into a large student house (assuming appropriate planning was granted). The current ground floor flat would become the communal space. With the two remaining levels being six double bedrooms – ideally these would be slightly resized from current configuration and if a bathroom/shower room could be incorporated into the middle floor it would make best use of the space.

Student rents are looking at around £550per room for 20/21 academic year meaning an annual return of £39,600. To discuss this option please call our sister business Bristol Student Lets .

If you have any questions or queries regarding this valuation please contact us on , or

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 £1000 + VAT (£1,200 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.

You will need to register to bid – registration will be open from 18:15
Forms can be downloaded and completed beforehand ( found in the legal pack ) or collected at the auction venue.

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 £1,200) 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.

Why Hollis Morgan?

Why Hollis Morgan?
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 1321 lots and raising over £270k for clients across the region.
Did you know… In 2018 we had the highest % success rate and sold more £££’s of Land and Property by auction than all the other Auctioneers in Bristol & North Somerset combined!

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 Zoo’s Bear Wood Appeal as our 2019 charity of the year with 5% of each buyers premium being donated.
Bear Wood is an exciting new development due to open in Summer 2019 at Wild Place Project. The exhibit will transport visitors back in time when the woodland was inhabited by European brown bears, Eurasian lynx, European wolves and wolverine, showing the effects of woodland loss on our native animals.
In 2018 we were delighted to be involved in raising £10,000 over 3 events for the “Off The Record” Bristol based mental health charity -
Visit the Charity page of our Website for further details -

Auction Property Details Disclaimer

Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens. The seller does not make any representation or give any warranty in relation to the property and we have no authority to do so on behalf of the seller.

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Pumphouse Ferry Landing 0.6 miles
  • Mardyke Ferry Landing 0.6 miles
  • Clifton High School 0.3 miles
  • Christ Church Church of England Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Pumphouse Ferry Landing 0.6 miles
  • Mardyke Ferry Landing 0.6 miles
  • Clifton High School 0.3 miles
  • Christ Church Church of England Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a house in BS8:

  • £774,085
  • Price increase

  • £7,838
  • (1.023%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £716,057
  • Properties sold

    47

Rental opportunities

Looking for an investment? The average rent for a 4 bedroom house in BS8 is currently:

£1,746 pcm

Recent sales nearby

See all recent sales in BS8
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
8th Nov 2019 £325,000 First listed
23rd Dec 2008 £170,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Hollis Morgan - Auction. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hollis Morgan - Auction for full details and further information.