Bed Flat @ Butterfield Close, BS10

Hollis Morgan *** SOLD @ MAY AUCTION *** A spacious GROUND FLOOR purpose build apartment with VACANT POSSESSION

FOR SALE BY AUCTION

*** SOLD @ MAY AUCTION *** GUIDE PRICE ?80,000 +++SOLD @ ?120,000LOT NUMBER 3Wednesday 24th May 2017All 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

NO PRE AUCTION OFFERS

No pre auction offers will be considered on this occasion.

WEEKLY SET VIEWING

Wednesdays 10:30 am - 11:00 amSaturday 29th April 10:30 am - 11:00 amThe 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.

SOLICITORS

Ian Black AMD Solicitors15 The Mall, Clifton, Bristol, BS8 4DS T: 0117 974 4100e: [email protected]

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. *** 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 PROPERTY

A purpose built self contained ground floor two bedroom apartment with private entrance, front and rear garden + shed.F/H with Bristol City CouncilLease for 125 yrs from 13th May 1991Ground rent of ?10 paBCC will confirm management fees - refer to legal pack

LOCATION

Butterfield Close is a quiet residential area located just off Bishopthorpe Road within the popular suburb of Horfield. The vibrant Gloucester Road is nearby and offers an array of independent retailers, convenience stores, bars, cafes, pubs and restaurants. Bristol City Centre is approximately four miles away.

THE OPPORTUNITY

The flat would now benefit from some basic updating but would make and excellent investment or home in this sought after location.

RENTAL APPRAISAL

The local Experts Say;This 2 bedroom flat would benefit from modernisation. The flat however is well proportion and would be an ideal buy to let investment. Due to location you would attract both professional couple, sharers and students.In terms of rental potential you should expect between ?750 and ?775 per calendar month.If you have any questions or queries regarding this valuation please contact us on 0117 911 3423, 07854367689 or [email protected]

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 ?750 + VAT (?900 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 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.

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 Bankers Draft 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 ?900) 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.

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 based Life for a Cure as our 2017 Charity of the year which aims a LIFE for a CURE , to raise funds in support of finding the Ultimate Vaccine for Meningitis B. We are delighted to announce that 5 % of every buyer s premium will be donated to a Life for a Cure which was founded as both a legacy to Ryan and to help raise awareness and valuable funds in search of the ultimate vaccine. This Bristol charity run purely on a voluntary basis is simply about working together to stop other amazing young lives being lost to meningitis. - to learn more about Ryans Story and this fantastic cause please visit there website. www.ryanbresnahan.org/ In 2016 we raised ?4,000 for Bristol based housing charity Home Start to learn more visit the charity section of our website - www.hollismorgan.co.uk/charity/