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UNDER OFFER

Detached | Updating | Annex | Iron Acton

PROPERTY TYPE

Detached

BEDROOMS

4

BATHROOMS

4

SIZE

Ask agent

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • FOR SALE BY ONLINE AUCTION
  • WEDNESDAY 11TH DECEMBER 2024
  • VIDEO TOUR NOW ONLINE
  • VIEWINGS - REFER TO DETAILS
  • LEGAL PACK COMPLETE
  • SOLD @ DECEMBER LIVE ONLINE AUCTION
  • FREEHOLD DETACHED HOUSE
  • DETACHED ANNEX | OUTBUILDINGS
  • REQUIRES UPDATING | LARGE PLOT
  • EXTENDED 8 WEEK COMPLETION

Description

Hollis Morgan - DECEMBER LIVE ONLINE AUCTION – A Freehold DETACHED FORMER RAILWAY COTTAGE ( 2145 Sq Ft ) now a FAMILY HOME in need of UPDATING with DETACHED ANNEX and various OUTBUILDINGS.

For Sale By Live Online Auction - *** SOLD @ DECEMBER LIVE ONLINE AUCTION ***

GUIDE PRICE £450,000 +++
SOLD @ £450,000



ADDRESS | Crossing Cottage, Latteridge Road Iron Acton, Bristol, BS37 9TL

Lot Number 28

The Live Online Auction is on Wednesday 11th December 2024 @ 17:30
Registration Deadline is on Monday 9th December 2024 @ 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”

The Property - A Freehold detached former Railway Cottage that has been converted into a charming family home just moments from the popular village of Iron Acton. The property is accessed via a gated driveway to a large mature plot, backing onto open pastureland, with various outbuildings and covered parking area. The accommodation ( 2145 Sq Ft ) is arranged over two floors and retains an array of period features and flexible accommodation.
Sold with vacant possession.

Tenure - Freehold
Council Tax - E
EPC - F
Utilities, Rights & Restrictions - Please refer to the Legal Pack
Flood Risk - Please refer to the Legal Pack

The Opportunity - DETACHED FAMILY HOME | UPDATING

The property has been let for a number of years ( now vacant ) and requires updating but has scope to create a charming family home.

EXTEND EXISTING HOUSE

There is scope to extend to the both the side and rear to increase the accommodation.
There are also various outbuildings with huge potential.
We understand no planning of this nature has been previously sought.
Interested parties to make their own investigations

ANNEX

A detached converted garage providing self contained one bedroom annex accommodation.
Also now in need of basic updating.

RAILWAY LINE

We understand the adjacent railway line is a single track which operates on a commercial basis as a slow train to transport materials to the nearby Tytherington quarry.
The frequency is low and it is not a main line i.e. no public transport etc.
Please make your own investigations.

REDUCED PRICE FOR AUCTION

The property was originally listed with local agents for £700,000 and most recently £650,000 and is now offered with a reduced guide price for sale by auction.

Location - The parish of Iron Acton extends from the village, which is just a few minutes drive away from Shale Cottage. The nearby town of Yate is located approximately 5 miles from the M4 Junction 18 and 11.3 miles from the centre of Bristol. It has a train station with main line connections, a refurbished leisure centre, retail park including cinema and restaurants and a large shopping centre which caters for all needs. From Yate there is easy access to Chipping Sodbury with its historic High Street dating back to the 12th Century. Chipping Sodbury offers a wide and eclectic range of shops and established businesses and more recently a Waitrose store has been built in the centre of the town. There is a selection of both Primary and Secondary Schooling in the area of good reputation plus Chipping Sodbury offers country walks on a lovely common which neighbours the golf course and cricket club.

Solicitors & Completion - Nikki Ashworth
Clutton Cox
t:


EXTENDED COMPLETION

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

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.

Important Auction Information - VIEWINGS

Please submit a viewing request online and we will contact you to organise an appointment.
We will send you an email and text to confirm the appointment time and the full property address.
Viewings are supervised by a member of the Hollis Morgan Auction team who will meet you at the property.

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.
Press the GREEN button 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.

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 listing.
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.

2024 CHARITY OF THE YEAR

Hollis Morgan is supporting The Malcolm Gunter Foundation as our 2024 Charity of the year with a % of each Buyers premium being donated.
In 2018 Malcolm Gunter passed away from Motor Neurone Disease - In his memory, MGF has raised over £200,000 and provided support and grants for many local people living with and affected by MND.
100% of all monies raised will be utilised in supporting sufferers of MND with their physical and emotional needs, and research into the disease .
Visit the Hollis Morgan Charity Page of our website for further details

TESTIMONIALS

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

I WANT TO SELL BY AUCTION

Since 2010 Hollis Morgan have been the most successful land and property auctioneers across the Region. Famous for large public sales our reputation was built on transparent, competitive bidding leading to some memorable results. As a reaction to covid we have moved to a monthly live online platform which has proved to be a huge success. Our core service has all the benefits of a traditional auction but now, via a fully interactive online saleroom with options to bid by telephone, proxy or online we can now reach a national and international audience - the feedback from our clients is hugely positive and we are now committed to this 21st century method of selling land and property.

In 2023 Hollis Morgan sold the most ( £58.3m ) land & property by auction in our region for the 14th year running.
Hollis Morgan achieved a 98% success rate on lots offered in 2023.
26% of all the regions auction lots were successfully sold by Hollis Morgan in 2023.
Since 2010 Hollis Morgan have Sold More Lots by auction ( £528m ) than any other firm in the region - 61% more than our closest rival.
*Source Essential Information Group 2023

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 40,000 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.

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 selling 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.

Brochures

DETACHED | UPDATING | ANNEX | IRON ACTONBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: E
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Detached | Updating | Annex | Iron Acton

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Get brand editions for Hollis Morgan Auctions Bristol & West Country, Bristol

About Hollis Morgan Auctions Bristol & West Country, Bristol

9 Waterloo Street, Clifton, Bristol, BS8 4BT
The Regions most successful Auctioneers since 2010
WHY HOLLIS MORGAN?

Auction Means Action | Instant Exchange | 10% Non Refundable Deposit | Fixed Completion

The Hollis Morgan philosophy is based on combining traditional high street agency with modern technology allowing us to build lasting relationships by listening to clients, understanding their situation and delivering on our advice.

The Hollis Morgan team, with over 150 years combined estate agency experience, pride themselves not only on achieving the best results but the satisfaction of a job well done - this pragmatic approach has enabled us to build the largest firm of auctioneers in the Region. Covid led to dramatic adjustments to our industry, famous for our large public auctions Hollis Morgan have successfully adapted by launching a monthly Live Online Auction service - a fully 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 buyers being able to bid from anywhere with the auction streamed live on the Hollis Morgan website with the choice to bid by telephone, proxy or online - the feedback from our clients is hugely positive and we are committed to this 21st century method of selling land and property.

  • In 2023 Hollis Morgan sold the most ( £58.3m ) land & property by auction in our region for the 14th year running.
  • Hollis Morgan achieved a 98% success rate on lots offered in 2023.
  • 26% of all the regions auction lots were successfully sold by Hollis Morgan in 2023.
  • Since 2010 Hollis Morgan have Sold More Lots by auction ( £528m ) than any other firm in the region - 61% more than our closest rival.
  • *Source Essential Information Group 2023

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.

WHY HOLLIS MORGAN?

Bristol's most experienced auctioneer Andrew Morgan MBE - with 40 years experience on the rostrum.

The Hollis Morgan team has over 150 years combined estate agency experience.

Auction specific premium adverts on both the UK's biggest property portals Rightmove & Zoopla.

Digital Mailing list of over 40,000 Local, National, Regional and International Developers, Investors and family buyers.

Regional HQ based in Clifton covering Bristol, Bath, Gloucester, Somerset and the wider region.

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.

2024 AUCTION CALENDAR 

Wednesday 14th February 2024 @ 17:30

Wednesday 13th March 2024 @ 17:30

Wednesday 17th April 2024 @ 17:30

Wednesday 15th May 2024 @ 17:30

Wednesday 18th June 2024 @ 17:30

Wednesday 24th July 2024 @ 17:30

Wednesday 18th September 2024 @ 17:30

Wednesday 16th October 2024 @ 17:30

Wednesday 20th November 2024 @ 17:30

Wednesday 11th December 2024 @ 17:30

2025 AUCTION CALENDAR

Wednesday 12th February 2025 @ 17:30

Wednesday 12th March 2025 @ 17:30

Wednesday 23rd April 2025 @ 17:30

Wednesday 14th May 2025 @ 17:30

Wednesday 18th June 2025 @ 17:30

Wednesday 23rd July 2025 @ 17:30

Wednesday 17th September 2025 @ 17:30

Wednesday 15th October 2025 @ 17:30

Wednesday 19th November 2025 @ 17:30

Wednesday 11th December 2025 @ 17:30

WHAT DO WE SELL?

We sell the full range of Land & Property by auction

Please see below for some examples of the most suitable lots... but we will consider most potential lots!

IN NEED OF MODERNISATION 

Auctions are synonymous with selling properties in need of modernisation and for many years auctions were seen as a niche sector of the property market. In more recent times, as fans of day time TV will confirm, buying and selling at auction has become a normal occurrence and the profile of our buyers has changed dramatically in the last 5-10 years with many families and non property professionals participating and winning lots, competing with traditional bidders, investors and developers.

PRIME FAMILY HOMES

Auction can be an excellent way of maximising the sale price of prime residential property - especially those in need of some basic updating. Competition for prime family homes across the city is frantic, with multiple interest and proceedable buyers competing for the same property. Often private treaty sales lead to sealed bids - which like an auction has the benefit of competitive bidding but with the possible downside of no closure/exchange long after agreeing the deal. An auction is the best way to create a competitive buying environment but with the added bonus of instant exchange and a fixed completion date. We often sell homes to families with mortgages and bridging loans or in chains so you are not ruling out potential buyers - auctions are open to everyone.

RURAL HOME & COUNTRY LIVING

Many City dwellers are desperate to 'escape to the country' in the aftermath of COVID-19 continuing to dramatically change the demand and prices in rural areas. This means you can no longer rely on historic sales values and local agents, as in this new market properties are often worth what ever someone is willing to pay for them on the day - the transparent and competitive nature of an auction is the ideal way to maximise and identify the value of your property and appeal to the widest possible range of buyers.

PREVIOUSLY ON THE MARKET 

We are contacted on a daily basis by individuals who are on the market with local estate agents and for a variety of reasons want to speed up the process and sell their property. The reason for not selling can be as simple as bad luck with chains collapsing, the slightly less forgivable terrible photos from the estate agent but more often than not the main reason for a property not selling is down to the asking price being too high. Not all properties are suitable for auction but we can advise you on a suitable reserve and you can judge if this price allows you to move forward.

DEVELOPMENT OPPORTUNITIES 

Our auction clients have an insatiable appetite for development opportunities across the whole region with clients looking to renovate and sell or build to let. There is a never ending range of opportunities but the most commonly offered include large residential properties for the classic flat conversion, change of use on commercial properties to create HMO's, development of former banks, churches and coach houses into residential dwellings and everything else in between!

LAND & BUILDING PLOTS 

We specialise in selling building plots with planning consent for 1-20 units. Even in concentrated urban areas there are many potential plots such as properties with large gardens, car parks and garage blocks - we also have a thriving New Homes team who can advise you on site GDV's and sell the completed units. We handle land with potential but no planning and have close contacts with architects and consultants to help appraise your land and advise on whether to sell now or seek consent - each plot is unique and we can tailor our guidance accordingly.

GARAGES & PARKING

We always have buyers on our books looking for both personal use and investment. Garages are an excellent entry level investment with single units providing an income of up to £150 pcm in central areas alongside increased competition from individual residents feeling the added pressure of Parking in the City with the RPZ scheme. There is always the potential for garage ranks to gain planning permission for development, providing a potentially lucrative exit plan for your investment. We sell a wide range of single, double and tandem garages as well as ranks of up to 100 units to private individuals and investors alike.

PROBATE SERVICE

Following a death if you wish to sell a property the first thing that is required is a valuation of the deceased's property or probate report. In order to obtain probate we can offer a sensitive, professional and fast service to deal with property matters at, what can often be, a very distressing time and can prepare the report, liaise with your own or recommend a suitable solicitor, advise on house clearance and in time handle the sale of the property in order to close the estate and allow the family to move forward.

HOUSES OF MULTIPLE OCCUPATION ( HMO )

Licensed Houses of Multiple Occupation offer a higher rate of return compared to most other residential property investments and we have seen a huge rise in the demand from buyers for what was 10 years ago a niche market but is now increasingly "flavour of the month". We specialise in selling both professional and student HMO's across the region ranging in size from 5 - 20 bedrooms and have seen the quality of the accommodation improve beyond belief in the recent years with luxurious communal areas and pristine en suites now the norm!

INVESTMENT PROPERTY 

Investing in property is a national pastime and with low interest rates and uncertainty in the stock market it provides a stable income coupled with the scope for excellent capital growth. We have proceed able buyers seeking a wide range of investments from city centre flats, tenanted shops to Freehold blocks of flats and commercial property - we work closely with many lettings and managing agents to ensure we are providing up to date rental income information and advice to buyer.

BLOCKS OF FLATS

We have a huge demand for blocks of flats from high net worth individuals and property investors who want to build a portfolio but avoid buying individual flats and having to deal with different management companies but crucially they will pay a premium to control the block and own the Freehold. Selling a Freehold block means the vendor does not have to split the titles, gain vacant possession of the flats or pay for and supervise multiple conveyancing and individual sales - a simple yet profitable exit strategy.

COMMERCIAL PROPERTY 

We are able to regularly over a range of small to medium size commercial properties aimed at both owner occupiers and property professionals. We enjoy being able to handle classic High Street shops, often with scope for residential conversion on the upper floors, individual offices and larger blocks and regularly offer former banks and are seeing more public houses and light industrial units being sold by auction.

UNUSUAL & UNIQUE LOTS 

One of the joys of auctions is the chance to sell unusual and sometimes unique properties - unusual can take many forms such as an amazing view, a large garden or a strategic location - often these opportunities are almost impossible to accurately value and fall into the category of "its worth what someone will pay for it" - we have been lucky enough to sell Castles, Woodlands, Bunkers, Mansion Houses, Lakes even Salmon Estates and achieve sale prices beyond what would realistically obtainable under normal sale methods.

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Disclaimer - Property reference 33312517. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hollis Morgan Auctions Bristol & West Country, Bristol. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hollis Morgan Auctions Bristol & West Country, Bristol on 0117 463 0219.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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