Development Site @, Woodwater Lane, Wonford, EX2 5LL
Auction Guide Price +++ £325,000
Lot No 23


FOR SALE BY AUCTION

LOT NUMBER 23
Wednesday 28th November 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

Completion is set for 20th December 2018

VIEWING

The plot is open for inspection at all times.

SOLICITORS

Karl Brown
Clarke Willmott - Bristol
T: 0345 209 1535
E: Karl.Brown@clarkewillmott.com
1 Georges Square, Bath Street, Bristol BS1 6BA

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 LAND

A Freehold parcel of land comprising 0.635 acres with established gated access from Woodwater Lane.
We understand there are no TPO's and the land is in the process of being cleared.
Sold with vacant possession.

LOCATION

Situated on the Eastern side of Exeter, near Heavitree with an array of shops, convenience stores, public houses and restaurants and is home to one of the city’s largest parks, offering tennis courts, children’s play area with paddling pools, a skate park and basketball court. St Michaels Church of England Primary School is OFSTED rated ‘Outstanding’ whilst Ladysmith Junior School is rated as ‘Good’ both of which are nearby, together with two NHS Health Centres and The Royal Devon & Exeter NHS Foundation Trust Hospital. Middlemoor Regional Police Headquarters, the Met Office and Exeter Airport within easy commutable distance. Heavitree offers regular bus services into the city centre with its wider range of facilities and provides good access to M5, A30 and the A38 Devon Expressway.

THE OPPORTUNITY

RESIDENTIAL DEVELOPMENT

We understand there is scope for a low density scheme of luxury properties in this sought after location.
Whilst no planning has been granted we suggest 3 - 6 houses would be a reasonable aspiration for the site - please refer to proposed site plans.

Subject to gaining the necessary consents.

PROPOSED 6 DETACHED UNIT SCHEME

Proposed scheme of 6 x 4 bedroom detached houses at 1,492 Sq Ft with parking

PROPOSED 3 UNIT SCHEME

Proposed scheme of 3 detached houses at 2,500 Sq Ft with separate garages and parking.

EXAMPLES

There a number of examples of similar developments in the immediate area.
Clyst View - Refer to Brochure in Legal Pack.

PLANNING HISTORY

Buyers should note the following high density planning applications for the site.

29 March 2005 – 05/0514/FUL
Residential development comprising 22 two/three storey dwellings and 40 self-contained flats in two/three/four storey blocks, parking, access to highway and associated works
Withdrawn By Applicant

06 January 2006 – 05/1937/FUL
Redevelopment to provide residential units, comprising 5 detached, 11 terraced and 16 flats, parking, vehicular and pedestrian accesses to highway and associated works
Planning Refused

03 January 2007 – 06/2500/FUL
Redevelopment to provide residential units, comprising 4 detached, 11 terraced and 17 flats, parking, vehicular and pedestrian accesses to highway and associated works
Planning Refused

2005 PLANNING

Alternative Reference05/0514/FUL
Application ReceivedTue 29 Mar 2005
Application ValidatedTue 29 Mar 2005
AddressLand Off Aspen Close Exeter EX2
ProposalResidential development comprising 22 two/three storey dwellings and 40 self-contained flats in two/three/four storey blocks, parking, access to highway and associated works
StatusUnknown
DecisionWithdrawn by Applicant
Decision Issued DateThu 12 May 2005
Appeal StatusUnknown

2006 PLANNING

Reference05/1937/FUL
Alternative Reference05/0514/03
Application ReceivedWed 14 Dec 2005
Application ValidatedFri 06 Jan 2006
AddressLand Off Aspen Close Exeter EX2
ProposalRedevelopment to provide residential units, comprising 5 detached, 11 terraced and 16 flats, parking, vehicular and pedestrian accesses to highway and associated works
StatusUnknown
DecisionRefuse Planning Permission
Decision Issued DateFri 24 Mar 2006
Appeal StatusUnknown
Appeal DecisionAppeal Dismissed

2007 PLANNING

Reference06/2500/FUL
Alternative Reference05/1937/03
Application ReceivedMon 27 Nov 2006
Application ValidatedWed 03 Jan 2007
AddressLand Off Aspen Close Exeter EX2
ProposalRedevelopment to provide residential units, comprising 4 detached, 11 terraced and 17 flats, parking, vehicular and pedestrian accesses to highway and associated works
StatusUnknown
DecisionRefuse Planning Permission
Decision Issued DateTue 13 Mar 2007
Appeal StatusUnknown

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.

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.

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 – 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.
You will be emailed a note to confirm the AUCTION PACK NOW COMPLETE and then offers can be submitted.
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.

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.

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.

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 FINANCE

Some properties may require specialist auction finance- please contact Hollis Morgan for access to expert advice and "whole of market" rates.

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 )

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.

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 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/

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!


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