Flat 5, 5, The Avenue, Keynsham,
Auction Guide Price +++ £145,000
Lot No 20
FOR SALE BY AUCTION
*** NOW SEEKING OFFERS - PLEASE CONTACT NICK HEAL 0117 973 6565 ***
LOT NUMBER 20
Wednesday 24th April 2019
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 6 weeks or earlier subject to mutual consent.
WEEKLY SET VIEWING
Every Thursday @ 11:00 am
Saturday 6th April @ 11:15 am
Saturday 13th April @ 12:15 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.
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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.
Occupying the first floor of this imposing period property that was converted into 6 flats in circa 2004. The flat ( 614 Sq Ft ) is approached via tidy communal areas and comprises a semi open plan kitchen living space with views towards the town centre, two bedrooms and a bathroom.
The block has a communal garden and 5 car parking spaces.
Currently tenanted ( £795 pcm ) but sold with vacant possession upon completion.
Tenure - Leasehold remainder of 999 years.
Management fee £41 pcm
Management company info - refer to legal pack.
The Avenue benefits from an excellent position just a short walk away from Keynsham town centre. Keynsham has an excellent range of local amenities, independent traders and excellent transport links to both Bristol and Bath via the Bath road. The local railway station is also within close proximity.
REDUCED PRICE FOR AUCTION
The property was previously listed with local agents at £185,000 and is now reduced for a sale by public auction.
The property is currently let for £795 pcm but is sold with vacant possession.
There is scope for some basic updating with the potential to increase the rent to £825 pcm
COMMUNAL HALLWAY: Accessed via secured telephone entry system, stairs rising to first floor landing and providing access to flat 5.
ENTRANCE HALL: Built in storage cupboard, radiator, power points, doors to rooms.
KITCHEN: 4.4m x 2.3m (14' 5" x 7' 6") to maximum points. uPVC double glazed window to side aspect. Kitchen comprising range of matching wall and base units with rolled top work surfaces. Integrated double electric oven, integrated microwave, fridge/freezer and washing machine. Double stainless steel sink with mixer taps over, four ring gas hob with glass and stainless steel extractor fan over. Breakfast bar, power points, tiled splashbacks to all wet areas. Opening leading to lounge.
LOUNGE: 4m x 3m (19' 10"' 1" x 3) to maximum points. uPVC double glazed window to rear aspect, radiator, power points.
BEDROOM ONE: 3.75m x 3.65m (12' 3" x 12') to maximum points. uPVC double glazed window to rear aspect, radiator, power points.
BEDROOM TWO: 3.1m x 2.75m (10' 2" x 9') to maximum points. uPVC double glazed window to rear aspect, radiator, power points.
BATHROOM: 2.45m x 2m (8' x 6' 6") to maximum points. Obscured double glazed window to front aspect. Three piece suite comprising wash hand basin with mixer tap over, low level WC, bath with multi-head shower cubicle over. Heated towel rail, tiled splashbacks to all wet areas.
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 only be submitted by completing the OFFER FORM which can be downloaded with the online legal pack - please email the COMPLETED form to – email@example.com.
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.
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 2018 we have held 51 auctions, offering 1321 lots and raising over £269m 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 2018 with over £44m 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 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 - www.otrbristol.org.uk
Visit the Charity page of our Website for further details - https://www.hollismorgan.co.uk/charity/
PROPERTY DETAILS DISCLAIMER
Auction Property Details Disclaimer
Hollis Morgan endeavour to make our sales details clear, accurate and reliable 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, tenancies, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack.
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.