* Leasehold
* For sale by online auction
* Wednesday 14th February 2024C
* Video tour coming soon
* Viewings - refer to details
* Download free legal pack
* February live online auction
* Leasehold 1 bed flat
* Ground floor | vacant possession
* Requires basic updating
* Extended 6 week completion
Hollis Morgan – February live online auction - A Leasehold ground floor 1 bed
flat ( 413 Sq Ft ) now in need of basic updating.
**For Sale By Live Online Auction**
Address | Flat 1, 19, Bloomfield Avenue, Bear Flat, Bath BA2 3AB
Lot Number 37
The Live Online Auction is on Wednesday 14th February 2024 @ 17: 30
Registration Deadline is on Monday 12th February 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 Leasehold ground floor 1 bedroom flat ( 413 Sq Ft ) set within this imposing
semi detached period property.
We are informed that a new bathroom was fitted in 2021 and a new Combi boiler
installed in 2019.
£93. 20 management charge.
Sold with vacant possession.
Tenure - New 999 year lease with no Ground rent
Council Tax - B
_EPC_ \ - tbc
Utilities, Rights & Restrictions - Please refer to the Legal Pack
Flood Risk - Please refer to the Legal Pack
**The Opportunity**
Flat for basic updating
The property has been let for many years and would now benefit from some basic
updating but would make a fine home in this highly sought after location.
**Investment
**
Once renovated the property has excellent rental prospects.
**Location**
Situated close to Wells Road in central Bath. Conveniently positioned for easy
access to the main city centre a 0. 3 mile walk. Bearflat and its many
amenities is also a short 0. 3 mile walk. He you will find a choice of
eateries, independent shops and convenience stores. Bath Spa railway station
is a 0. 4 mile walk. If looking for local green space then Alexandra Park is a
0. 5 mile walk and offers acres of green space and stunning views of the city.
**Solicitors**
Lucy Bradbury
Capsticks
t:
**
Extended completion
**
Completion is set for 6 weeks or earlier subject to mutual consent.
**Rental Appraisal**
Aspire To Move have extensively reviewed the property and similar listings in
the area. The property is in need of refurbishment and our figures are based
on the work being completed. With our knowledge of the local market, and
considering the current market conditions we would estimate the property could
achieve a rental figure in the region of: £950 - £1000 per calender month
If you would like to discuss this in more detail, then please do not hesitate
to contact me on or email me .
I will look forward to hearing from you.
Yours faithfully,
Will Maslin
**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.
**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 2022 Hollis Morgan Sold More Lots by auction in Bristol, North Somerset,
Bath & Gloucester than any other Auctioneer!
In 2022 over £65m of land and property was successfully sold under the hammer
by Hollis Morgan.
Since 2010 Hollis Morgan have Sold More Lots by auction than any other local
firm!
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.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

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