Sold @ Auction £455,000

FOR SALE BY LIVE ONLINE AUCTION

*** SOLD @ NOVEMBER ONLINE AUCTION ***

GUIDE £425,000 +++
SOLD @ £455,000

ADDRESS | 11 Everest Road, Fishponds, Bristol BS16 2BX

Lot Number 5
The Live Online Auction is on Wednesday 23rd November 2022 @ 17:30
Registration Deadline is on Monday 21st November 2022 @ 16:00

The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer.
Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”

VIEWINGS

Viewings can be booked on specific days for this property – please submit a viewing request online and we will contact you to arrange access.
Hollis Morgan would be grateful if you could arrive promptly to inspect the properties at the START of the agreed time as we have scheduled viewings throughout the day and CANNOT wait for late arrivals.
There are likely to be viewings on the property before and after your appointment and if you miss your slot (usually 15 minutes or longer for larger properties) you will be asked to wait until the next available time.

EXTENDED COMPLETION

Completion is set for 8 weeks or earlier subject to mutual consent.

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.

EPC

For full details of the EPC please refer to the online legal pack.

LEGAL PACK COMPLETE

We have been informed by our client’s solicitors
that the legal pack for this lot is now complete.
Should any last minute addendums occur you will be automatically notified by email.
If the vendors have indicated they are willing to consider pre-auction offers, now is the time to submit your offer by completing the pre-auction offer form.

THE PROPERTY

A Freehold semi detached property occupying a large corner plot with accommodation ( 936 Sq Ft ) arranged over two floors.
Sold with vacant possession.
Council Tax Band: C

LOCATION

The property occupies a prime position one of the areas most sought after roads in the heart of Fishponds with a wide rage of local amenities, shops, pubs and cafes within walking distance. The property is less than one mile to the Glenside Campus and Four miles from the Univeristy of the West of England.

THE OPPORTUNITY

HOUSE + PLOT COMBO WITH BONUS!

HOUSE FOR UPDATING

The house has been a much loved family home and now has scope for some basic updating.
There is potential to extend the property to both the side and rear subject to consents.

PLOT WITH PLANNING

Planning has been granted to demolish the garage at the rear of the garden ( accessed via Everest Avenue ) to erect a detached 2 bedroom house ( 764 Sq Ft ) with parking and garden.
We suggest the completed new build has a value in the region of £300,000

BONUS PLOT

The vendors had originally applied for planning to erect a 3 bedroom semi detached house to the side of the existing property.
Planning was refused but not appealed.
We suggest interested parties investigate this further or alternatively consider extending the existing property to the side to create a larger family home or HMO style investment property.

COMPARABLE VALUES

60 Everest Road, BS16 2BZ | 3 Bed Semi | £455,000 | June 2021

10 Everest Road, BS16 2BZ | 3 Bed Semi | £425,000 | March 2021

2 Everest Road, BS16 2BZ | 3 Bed Terrace | £369,000 | January 2021

PLANNING GRANTED - NEW BUILD

Reference22/00604/F
Alternative ReferencePP-11015871
Application ReceivedMon 07 Feb 2022
Application ValidatedMon 07 Feb 2022
Address11 Everest Road Bristol BS16 2BX
ProposalDemolish existing garage and construct 1 no house - self build.
StatusDecided
DecisionGRANTED subject to condition(s)
Decision Issued DateWed 25 May 2022
Appeal StatusUnknown
Appeal Decision

REFUSED PLANNING - HOUSE TO SIDE ( NOT APPEALED )

Reference19/00955/F
Alternative ReferencePP-07639866
Application ReceivedMon 25 Feb 2019
Application ValidatedMon 11 Mar 2019
Address11 Everest Road Bristol BS16 2BX
ProposalTwo storey side/front extension, and single storey rear extension to existing house. Construct 2 storey side extension for 3 bed self contained house.
StatusDecided
DecisionREFUSED
Decision Issued DateTue 14 May 2019
Appeal StatusUnknown
Appeal Decision

PLANNING INFORMATION

Full details of the proposed scheme and drawings can be downloaded with the online legal pack.

RENTAL APPRAISAL

What rent can we achieve for you?

The Bristol Residential Letting Co. are confident this property would make a good rental investment if brought to a standard suitable for the professional rental market. Danny Dean of The Bristol Residential Letting Co suggests a rent in the region of;

House + Plot, 11, Everest Road, current condition - £1500pcm - £1600pcm

Proposed 2 bedroom new build - £1400pcm - £1500pcm.

If you would like to discuss more detail on the potential for rental, you can call me on 07738766640 or email (danny@bristolreslet.com) for a no obligation discussion. I am always happy to advise investors on maximising their investment.

SOLICITORS

Henriques Griffiths
Mr Mark Griffiths
Home 0117 3307727
mgriffiths@henriquesgriffiths.com

IMPORTANT AUCTION INFORMATION

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.

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 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.

PRE-AUCTION OFFERS

Some vendors are willing to consider offers prior to the auction.
Pre-auction offers can ONLY be submitted by completing the online PRE-AUCTION OFFER FORM
The form can be found on the Hollis Morgan website on the individual auction property listings – look for the big red button.
Please note offers will not be considered until you have inspected the COMPLETE LEGAL PACK once it has been released.
There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when our client’s solicitor informs us no further information is due to be added.
In the event of an offer being accepted the property will only be removed from the online auction and viewings stopped once contracts have successfully EXCHANGED subject to the standard auction terms and payment of the buyer’s premium (£1000 + VAT) to Hollis Morgan.
Contracts can be exchanged via the solicitors or at the Hollis Morgan offices by appointment only.

REGISTRATION PROCESS

The registration process is extremely simple – visit the Hollis Morgan auction website and click on the “Register to Bid” button.
The “Register to Bid” button can be found on the auction home page or on the individual lot listings.
Please note this function is not available on Rightmove or Zoopla.

Stage 1 – Complete the Online Bidding Form
Stage 2 – Upload your certified ID
Stage 3 – Invitation to bid
Stage 4 – Pay your security deposit (£6,200)

You are now ready to bid – Good luck!

If your bid is successful, the balance of the deposit monies must be transferred to our client account within 24 hours of the auction sale.
If you are unsuccessful at the auction your holding deposit will be returned within 48 hours.

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.

AUCTION FINANCE & BRIDGING LOANS

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

Hollis Morgan may receive introductory fees for this service from the broker.

AUCTION BUYER’S 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.

2022 CHARITY OF THE YEAR

Hollis Morgan is supporting Bristol Charity Gympanzees as our 2022 Charity of the year with a % of each Buyers premium being donated.
Gympanzees are a charity based in Bristol helping children and young people with disabilities to access fun, fitness, and friendship.
Visit the Hollis Morgan Charity page of our website for further details or the charity direct @ www.gympanzees.org

TESTIMONIALS

We are very proud of what our past clients have say about us - please visit the Hollis Morgan website to read their testimonials.

WHY HOLLIS MORGAN

Want to sell by auction?

Covid has meant dramatic adjustments to our working practices, famous for our large public auctions we have adapted by launching a monthly Live Online Auction service – an interactive platform for Buying & Selling all types of land and property.
A Live online auction has all the benefits of a traditional auction such as speed & transparency but with the advantage of being able to bid from anywhere with the auction streamed live on the Hollis Morgan website and the option to bid by telephone, proxy or online.
In 2020 we sold nearly 300 lots by this updated method - we have embraced this change and move forward with our 2022 live online calendar of sales confident we can provide the best service for our clients.

•In 2021 Hollis Morgan Sold More Lots by auction in Bristol, North Somerset & Gloucester than any other Auctioneer!
•In 2021 almost 40% of all the Auction Lots offered in Bristol, North Somerset and Gloucester were Sold by Hollis Morgan
•In 2021 over £47m was successfully sold under the hammer in Bristol, North Somerset & Gloucester by Hollis Morgan.
•Since 2010 Hollis Morgan have Sold More Lots by auction ( 1301 ) than any other local firm raising £336m!
*Source EIG 2022

We also offer…

•Bristol’s most experienced auctioneer Andrew Morgan MBE – with forty years’ experience on the rostrum.
•Auction specific premium adverts on both the UK’s biggest property portals Rightmove & Zoopla.
•Digital Mailing list of over 20,000 Local, National, Regional and International Developers, Investors and family buyers.
•Over 100 years combined property experience operating from our Regional HQ based in Clifton covering Bristol and the West Country.
•Innovative yet simple marketing techniques such as virtual tours, drone shots, video tours, hi vis signage and professional photos.
•Active and coordinated social media presence on Instagram, twitter, LinkedIn and Google retargeting programme.

Why Live Online Auction?

•Fixed Timescales & Speed - Exchange on the day with a quick & fixed completion of 4, 6 or 8 weeks.
•Closure & Control - 10% non refundable deposit taken upon exchange and the deal is done unlike a traditional sale.
•High Profile Sale – Intensive 4-6 week marketing campaign to make your lot visible and available to all potential buyers.
•Guaranteed Price - you set a minimum reserve which protects you from selling for any less than you want.
•Transparency & Competitive Bidding - Auction provides a transparency of sale ensuring your lot is sold to the person willing to pay the most on the day.

For loads more reasons to instruct Hollis Morgan and the statistics to back it up please visit our seling by auction section of the Hollis Morgan website.


AUCTION PROPERTY DETAILS DISCLAIMER

Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 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, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. 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.