Land adjacent to, 162, Bath Road, Totterdown, BS4 3EF

FOR SALE BY AUCTION

GUIDE PRICE - £55,000
SOLD @ AUCTION - £60,000

LOT NUMBER 12
Wednesday 18th November
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

THE LAND

A parcel of Land adjacent to the 162 Bath Road with road frontage.

LOCATION

Set in this popular location in Arnos Vale close to local amenities with good transport links to the City Centre.

THE OPPORTUNITY

Full planning permission has been granted for the construction of 2 x 2 bedrooms maisonettes arranged over three floors within a stylish building.

PLANS

Full details of all plans, drawings etc can be downloaded via the online legal pack.

PLANNING INFORMATION

Reference: 14/06245/F
Application Received: 22nd December 2014
Address: Land Adjacent To 162 Bath Road Totterdown Bristol
Proposal Construction of 2no. two bedroom flats, accommodated within a three storey building.
Decision: GRANTED subject to condition(s)

RENTAL APPRAISAL

The local lettings experts say:
The Bristol Residential Letting Co. are confident that development on this land would make a good investment for the rental market. Don McKeever of The Bristol Residential Letting Co suggests a rent in the region of £850pcm per apartment will be achievable if refurbished to an appropriate standard and let as 2 x 2 bedroom apartments.

BUYER'S PREMIUM

Please be aware all purchasers are subject to a £500 + 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.

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 Dance Voice as their 2015 Charity of the year. We are delighted to announce that 10% of every buyers premium will be donated to this excellent local charity - Dance Voice is dependent on voluntary donations to run its dance movement psychotherapy sessions which enable so many vulnerable people express themselves and improve and integrate their physical, emotional and social health and wellbeing. For further details on their outstanding work in the community please visit www.dancevoice.org.uk In 2014 Hollis Morgan successfully raised £2,500 for Bristol Children's Help Society www.tbchs.org.uk