Lot 3
3 Charminster Road, Fishponds, BS16 3QZ
Sold @ Auction £215,000
3
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SHORTLIST- For Sale By Public Auction
- Wednesday 28th September
- All Saints Church, Clifton, BS8 2HY
- Weekly Set Viewings
- Download Online Legal Packs
- SEPTEMBER 2016
- Requires Basic Updating
- Large Rear Garden
- Quiet Cul De Sac Location
- Potential 4 Bed HMO Investment
FOR SALE BY AUCTION
*** SOLD @ AUCTION ***
GUIDE PRICE £195,000 +++
SOLD @ £215,000
LOT NUMBER 3
Wednesday 28th September 2016
All 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
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
Tony Moore
AMD Solicitors
15 The Mall, Clifton, Bristol, BS8 4DS
T: (0117) 974 4100
F: (0117) 974 4106
tonymoore@amdsolicitors.com
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 mid terrace 1930's three bedroom house arranged over two floors in need of basic updating with a larger than average rear garden and pedestrian rear access.
LOCATION
The house occupies a pleasant position in a quiet cul de sac within easy reach of Lodge Causeway with its local facilities and within a short distance of Fishponds Road with its more comprehensive facilities. The centre of Bristol is within easy travelling distance and there is good access to the M32 connecting with the M4.
THE OPPORTUNITY
The property would now benefit from basic updating having been let for a number of years but would make a fine home or investment in this highly sought after location.
FAMILY HOME / DEVELOPMENT
Scope for modernisation or to extend to rear.
Potential for Attic conversion
INVESTMENT
Let as 3 bedroom family home - Income £12,000 pa
Potential as 4 Bedroom investment - £400 per room pcm - £19,200 pa
Student investment for UWE
All subject to gaining the necessary consents.
ACCOMMODATION
GROUND FLOOR
- Entrance vestibule
- Hallway
- Reception room 1
- Reception room 2
- Kitchen
FIRST FLOOR
- Bedroom 1
- Bedroom 2
- Bedroom 3
OUTSIDE
- Small Front Garden
- Rear garden
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 a rent of £950-£1000pcm subject to the property being refurbished for the professional market. 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.
OFFERS
Pre auction offers can be only submitted by completing the OFFER FORM which can be downloaded within the online legal pack. Please send the COMPLETED form to – olly@hollismorgan.co.uk 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.
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 Home Start Bristol as our 2016 Charity of the year. We are delighted to announce that 10% of every buyer’s premium will be donated to this excellent local charity – Home-Start Bristol provides a unique kind of help which has a profound impact on struggling families with young children, 98% of those who finished a period of support reported that their wellbeing had increased. If you would like to find out more about Home-Start Bristol and how you can support us please visit our website www.homestartbristol.org.uk