Garden Flat, 57, Southlands, Weston, BA1 4DZ
Auction Guide Price +++ £125,000
Lot No 33
Lot No 33
FOR SALE BY AUCTION
LOT NUMBER 33
Wednesday 18th July 2018
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
Completion is set for 8 weeks or earlier subject to mutual consent.
Tynings Estate Agents
33a Combe Road, Combe Down, Bath, BA2 5HY
WEEKLY SET VIEWING
WEDNESDAYS @ 14:30 PM
SATURDAY 23RD JUNE @ 13:00 PM
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.
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.
A Leasehold flat occupying the ground floor of this semi detached "Cornish PRC" property and includes front and rear gardens plus stone built storage shed.
TENURE - LEASEHOLD
The lease is the residue of a 125 year term which commenced on 24th June 1993.
Ground rent is £10 per annum.
Service charge for the year 01/04/2017 to 31/03/2018 is £542.02.
This covers: building insurance, grounds maintenance, internal maintenance, management, refuse collection and sinking fund.
This property is located a short walk from Weston High Street. Weston is a picturesque village and thriving community to the north west of the city of Bath. A popular and highly desired location with an abundance of local amenities and schooling. In the high street you find the Kings Head pub, Tesco Express supermarket, Indian takeaway, hair salons and barber, coffee shops, gift shop, bike shop, bakery, post office and acclaimed Evelieghs Café. Furthermore locally you will find veterinary surgery, doctors surgery, dentists, library, bowls club, pubs and car garages. There are four local churches with All Saints church centrally located in the village. All levels of schooling with a variety of nurseries and schools including Oldfield Academy, Weston All Saints Primary, Kingswood school and St Mary's RC school. With Bath Royal United Hospital being within half a mile of the village it is always appealing to staff and doctors alike. The 102 mile Cotswold Way walk passes directly outside of the property and there are a number of other countryside walks locally providing beautiful views of the city and beyond. Nearby Lansdown Lane provides easy access to the A46 and then the M4 for commuters. There is also a regular bus service into the city of Bath.
The property is sold with vacant possession and now requires updating but would make a fine home in this sought after location.
CORNISH PRC PROPERTY
The property is currently is in an non-thermally efficient condition, consisting of an inner block work leaf, steel reinforced concrete columns and an outer leaf to the front and rear elevations clad with precast concrete panels.
This may affect the ability to borrow against the property until the issues have been resolved.
Once renovated the property offers excellent rental potential of £750 - £800 pcm.
UPVC double glazed front door. Storage cupboard. Access to sitting room and dining room.
UPVC double glazed window to front aspect. Wooden built storage cupboard to alcove with water tank. Gas fire with tiled surround. TV/Tel point.
UPVC double glazed window to rear aspect. Carpeted. Access to kitchen and through to bedrooms.
UPVC double glazed window to side aspect. Freestanding gas oven. Floor and wall units with worktop and sink drainer. Space for washing machine and fridge/freezer. Pantry cupboard.
UPVC double glazed window to front aspect. Carpeted. Built-in wardrobe.
UPVC double glazed window to rear aspect. Carpeted.
Wall mounted radiator. Opaque UPVC double glazed window to rear aspect. Bath with shower attachment, wall mounted wash basin and WC. Tiled walls and linoleum flooring.
Raised stone chipped garden with stone built store room.
Part stone chipped but mainly laid to lawn.
For full details of the EPC please refer to the online legal pack.
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.
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.
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 – firstname.lastname@example.org.
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 ( £1,200 ) 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.
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
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?
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 2017 we have held 45 auctions, offering 1135 lots and raising over £225m for clients across the region
Did you know….Hollis Morgan sold more £££’s of land and property by auction than all the other Bristol Auctioneers combined in 2017 with over £49m of successful sales!
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 charity based Off the Record! as our 2018 charity of the year with 5% of each buyers premium donated to help provide free and confidential mental health support and information to young people aged 11-25 in Bristol - www.otrbristol.org.uk In 2017 we were delighted to be involved in raising £30,000 over 3 events for the “Life for a cure” Bristol based meningitis charity - www.ryanbresnahan.org Visit the Charity page of our Website for further details - https://www.hollismorgan.co.uk/charity/