"Hollis Morgan NOVEMBER AUCTION LOT NUMBER 29 - A bright and airy FIRST FLOOR one bedroom apartment situated within a period building and now in NEED OF UPDATING

FOR SALE BY AUCTION GUIDE PRICE ?175,000
SOLD @ AUCTION ?227,000

LOT NUMBER 29
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 SOLICITORS Janet Hartnoll
Property Lawyer
Bristol City Council
Legal Department
City Hall, College Green, Bristol BS1 5TR
Tel: 0117 92 22325
janet.hartnoll@bristol.gov.uk ONLINE LEGAL PACKS 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 register to receive them if not yet available.
You will be automatically be updated if any new information is added. BRISTOL CITY COUNCIL This lot is offered on behalf of Bristol City Council. THE PROPERTY A bright and airy one bedroom flat occupying the first floor of this imposing period property.
Leasehold - residue of 999 years LOCATION Elmgrove Road is a quiet residential backwater within easy reach of Redland Green or Clifton Down Station , 10 minutes walk from shops and bars on Cotham Hill and Whiteladies Road. Within walking distance to the eclectic range of shops in Zetland Road and Gloucester Road whilst Kingsdown is within easy walking distance. The University of Bristol, The Bristol Royal Infirmary and the business, shopping, leisure and entertainment facilities are within one mile. THE OPPORTUNITY Now in need of modernisation but will make a fine home or investment in this highly sought after location.

Suitable for first time buyers or buy to let investors.

Communal rear garden.

We understand the remaining flats in the building are all occupied by council tenants. RE SALE VALUES Please contact Calum Melhuish, Residential Sales Manager, to discuss the value of this property once renovated ? calum@hollismorgan.co.uk

Calum says: Period conversions in this area are always very sought after, if renovated to a good standard I would expect a resale value in the region of ?225,000 - ?250,000. ACCOMMODATION Entrance Hallway
Reception room
Kitchen
Bedroom
Cloakroom
Bathroom
Storage cupboard with 'Vailaint' combi boiler RENTAL APPRAISAL This well located flat once renovated (ideally along with communal areas) would be a great investment. The flat could be renovated in its current lay out or reconfigured into a 2 bed flat. There are various options for this but you could move the bathroom and use cupboard space in kitchen thereby having a shower and w/c. You could either take wall down between reception room and kitchen or leave it in its current layout. . The rental market in BS6 is current very strong ? if renovated to a good standard you could achieve for renovated 1 bed ?850.00pcm or ?10,200.00 p/a or as 2 bed circa ?1000.00pcm or ?12000.00p/a

If you have any questions or queries regarding this valuation please contact us on 0117 911 3423, 07854367689 or info@clifton-rentals.co.uk EPC For full details of the EPC please refer to the online legal pack. 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. 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"