Auction 020 Online Property Auction Catalogue January 2017 Auctions

Starts // Ends // Monday Tuesday 31st January 30th January from 10.30am SELL YOUR PROPERTY FOR FREE Why sell it any other way…

John Pye Property Auctions Calendar 2017

Auc No. Auction date Deadline for Entries Full Catalogue Released

20 30-31 January 2017 22 December 2016 10 January 2007

21 22-23 February 2017 26 January 2017 07 February 2017

22 15-16 March 2017 16 February 2017 28 February 2017

23 05-06 April 2017 09 March 2017 21 March 2017

24 26-27 April 2017 30 March 2017 11 April 2017

25 17-18 May 2017 20 April 2017 02 May 2017

26 07-08 June 2017 11 May 2017 23 May 2017

27 28-29 June 2017 01 June 2017 13 June 2017

28 19-20 July 2017 22 June 2017 04 July 2017

29 09-10 August 2017 13 July 2017 25 July 2017

30 06-07 September 2017 03 August 2017 15 August 2017

31 27-28 September 2017 31 August 2017 12 September 2017

32 18-19 October 2017 21 September 2017 04 October 2017

33 08-09 November 2017 12 October 2017 24 October 2017

34 29-30 November 2017 02 November 2017 14 November 2017

35 20-21 December 2017 23 November 2017 07 December 2017

NATIONWIDE ONLINE PROPERTY AUCTION

% NO MARKETING COSTS SELLER FEES NO ENTRY FEE

/ Residential / 0115 970 6060 / [email protected] / Commercial / 020 7456 6750 / johnpye.co.uk JOHN PYE ONLINE COMMERCIAL VALUATIONS PROPERTY AUCTIONS RESIDENTIAL AGENCY Overview MAINTENANCE & SECURITY Online Property Auction *Guide Price: Each property is subject to a Reserve Price which may be different of Properties Lot Listing from the Guide Price Lot Property Address Guide Price*

1 Trafford Park Hotel, Third Avenue, Manchester, M17 1BW £300,000 - £350,000

2 3-5 High Pavement, Nottingham, NG1 1HF £1,750,000 in this Auction 3 5 Wilson Street, Workington, Cumbria, CA14 4AZ £215,000 4 11-11a Wilson Street, Workington, Cumbria, CA14 4AZ £110,000

5 Flat 5, Plas Meuryn, High Street, Bangor, Gwynedd, LL57 1YQ £70,000

6 10, 12 & 12a Newmarket Street, Morecambe, Lancashire, LA4 6BL £69,950

7 35 Alferton Road, Nottingham, NG7 3JE £67,000

8 Land of the East of 8 Providence Brae, Bo’ness EH51 0ED £200,000

9 Land at 21 Merchant Street, Bulwell, Nottingham, NG6 8GT £250,000

10 71a and 71b Llanthewy Road, Newport, NP20 4JZ £175,000

11 7 Bryncir Terrace, Penmorfa, Tremadog, Gwynedd, LL49 9RY £75,000

12 92 St Johns Road, Laughton, Sheffield, S25 1YN £75,000

13 3g Steamer Street, Barrow In Furness, LA14 2SG £27,500

14 2h Schooner Street, Barrow In Furness, LA14 2SQ £22,500

15 Awelfryn, High Street, Gelliydan, LL41 4EQ £68,000

16 9 Nelson Road, Blackpool, FY1 6AS £52,500

17 19a Bank Place, Portmadog, Caernarfonshire, LL49 9AA £130,000

18 Lower Barnes Street, 90, Clayton le Moors, BB5 5SW £30,000

19 Flat 4, 405 Mansfield Road, Nottingham, NG5 2DP £57,500

20 26 Heathcote Drive, Chesterfield, S41 0BB £72,000

21 1 Fitzwilliam Street, Mablethorpe, Lincolnshire, LN12 1AB £120,000

22 Manchester Portfolio £599,950

23 The Square, 7 Blackwood, Gwent, NP12 3XF £59,000

24 5a Watling Street, Llanrwst, LL26 0LS £46,000

25 Ground Floor Garden Flat, 3 Radford Road, London, SE13 6SB £385,000

26 Dwyryd Cottage, Watling Street, Llanrwst, Clwyd, LL26 0LS £90,000

27 89 Whetley Hill, Bradford, West Yorkshire, BD8 8N £75,000

28 84 Holbeck Street, Liverpool, L4 2US £40,000

29 3b Avallon Avenue, Llandudno Junction, LL31 9AD £37,500

30 76 & 76a Yarm Lane, Stockton On Tees, TS18 1EW £130,000

31 13-15 Earle Street, Newton-le-Willows, WA12 9LW £150,000 - £175,000

32 2-8 Market Street, Newton-le-Willows, WA12 9AN £165,000 - £200,000

33 55 Market Street, Newton-le-Willows, WA12 9AN £75,000 - £100,000

34 17 Fourth Avenue, Liversedge, WF15 8LA £27,500 - £32,500

35 17a Fourth Avenue, Liversedge, WF15 8LA £30,000 - £35,000

36 Flat 14 Holland Lodge, Grange Avenue, Preston, PR2 6PG £16,500 - £20,000

37 The Lock Up, Station Road, Thurnscoe, S63 0JR £5,000 - £10,000

38 3 Ellaray Mews, Windermere, West Moreland, LA23 1AP £410,000

39 20 Ninth Street, Peterlee, SR8 4LZ £22,500

40 99 Sixth Street, Peterlee, SR8 4JX £23,500

41 84-86 Peverill Street, Nottingham, NG7 4AH £340,000

42 Land off Megellan Way, Spalding, Lincolnshire, PE11 2FG £12,500

43 Land at Lonsdale Road / Cottesmore Road, Stamford, PE9 2SG £1,500

44 2 Victoria Avenue, Nottingham, NG2 4HD £115,000

Important Notice - Proof of Identification Two forms of identification (from the list below) MUST be provided by the winning bidder within 24 hours of the auction finishing. Identity Documents • Current signed passport • Current UK photo card driving licence • Current driving licence (old version) • Residential permit issued by the Home Office to EU Nationals • Inland revenue tax notification • Firearms certificate Evidence of address • Current driving licence (old version) • A utility bill issued within the last 3 months • Local authority tax bill (current year) • Bank, building society or credit union statement • Most recent mortgage statement from a UK lender. Alternatively your solicitor can write to us to confirm your identity.

4 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 5 Prior to Auction BUYERS GUIDE Property particulars and 1. Guide Prices 5. Survey Property auction information All properties being sold through Have a surveyor look at the property, John Pye Property online auction if necessary. Appointments can be will have guide prices, which will made for the surveyor to access the feature in the property online auction property, please email John Pye All information regarding the catalogue. This catalogue will be Property via email with any such online auction, properties available prior to the auction start requests. for sale, previews and the date. Guide prices are subject to Online Auction Catalogue change. Up to date guide prices can also be found on our website: 6. Arrange Finance can be found on our website: johnpye.co.uk/property johnpye.co.uk/property It is important your finances are in place prior to bidding on a lot. If borrowing is required, the lenders 2. Property Viewings may require a surveyor to undertake We strongly advise any interested a valuation report prior to making parties to view a property before a mortgage offer. It is important a bid is placed. Viewings will be to make a mortgage application co-ordinated as either open day as early as possible, as successful viewings on specific dates or by bids are subject to 20 working days prior appointment. Details of completion, unless stated otherwise. specific viewing arrangements You should discuss the nature of can be found in the online the auction sale and timescales catalogue. with your lender. We operate a two day online auction bidding process, affording buyers 3. Legal Documents more time to arrange their necessary For each property the vendor’s finances. Any successful bidder will solicitors will prepare a legal pack. be required to pay a 10% deposit of All property legal packs are available the purchase price within 24 hours of to download on our website johnpye. the online auction ending. co.uk/property, or from the vendor’s solicitors - details of which will be disclosed in the online auction 7. Read and Understand catalogue for each individual lot. All all Terms and Conditions legal packs will be made available to It is important to read and download at least 7 days prior to the understand all of the Terms and online auction commencing. Conditions of the online property auction and legal documentation of the individual lots. 4. Legal Advice The full Terms and We recommend you obtain Conditions can be found at: independent legal advice prior johnpye.co.uk/propertyterms to bidding. Property legal packs and documentation should be passed to your legal adviser, who should be able to help you make an informed decision about the lot. Further information may be available from the vendor’s solicitors.

6 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 7 BUYERS GUIDE

1. Registration to bid 2. Addendum Before bidding on any property Before the start of the online during the online auction you must auction, all bidders should check provide the following through our the addendum sheet, this will detail website: any changes to the property online auction catalogue details. • Registration of bidder The addendum sheet can be found • Payment of refundable at: johnpye.co.uk/property registration fee

3. Bidding Process Registration of Bidder The bidding process will take place You can register to bid on our typically over a two day online website johnpye.co.uk. auction. Bidding on all lots will begin You will be required to provide your at the same time. name, address and contact details All lots will be offered for sale subject - you can provide your solicitor’s to an undisclosed reserve price, details if you have them. The unless stated otherwise. refundable registration fee can be paid at this stage, which will When bidding begins, bidders can allow you to bid. bid on lots once the refundable registration fee has been paid. We advise all seriously interested Refundable Registration Fee – parties provide their proof of Single Purchase Account identity at this stage. In order to set up an online auction Bids prior to auction may only be bidding account, each bidder must made through the online platform. register and pay a refundable registration fee of £500 per auction, The online auction will conclude per property (to bid on one property with a staggered finish of 10 minute only). The registration fee is refunded intervals per lot. Once this time if no property is purchased; it is also has elapsed and the 3 minute rule has refunded if your bid is successful and been applied, the virtual gavel will will be refunded, once the property effectively fall and the sale will close. has exchanged contracts and the deposit (which includes the buyer’s premium) has been paid. 3 Minute Rule This rule mirrors the principals of a live traditional auction whereby an Refundable Registration Fee – auctioneer will still entertain bids Trader Account from interested parties, enabling all (Multiple Properties) bidders to lodge their interest. In order to set up an online auction In the event of last minute bids bidding account for multi property a 3 minute rule will apply. This bidding you must register and pay 3 minute rule stipulates any party a refundable registration fee of who bids online within the last 3 £2,000 per auction. This is solely to minutes of any Lot’s scheduled set up an account. The registration closing time will trigger an automatic fee is refunded if no properties are extension of a further 3 minutes purchased; it is also refunded if your of online bidding. This 3 minute bid is successful and will be refunded trigger will continue until 3 minutes once the properties have exchanged has elapsed without any further contracts and the deposit (which competing bids and a winning includes the buyer’s premium) bid is achieved has been paid. All refundable registration fees can be paid online at johnpye.co.uk/property

8 8 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 9 ONLINE BIDDING BUYERS GUIDE & AFTER AUCTION

Reserve Not Met ONLY ONCE IDENTIFICATION 5. John Pye Auction Fees Registration Points IS VERIFIED WILL BUYERS for Proof of Identification If the reserve has not been met, John Pye Auctions Buyer’s Premium PAYMENT BE ACCEPTED the auctioneer may then invite is charged at 2% (minimum £2,500) East Midlands Office West Midlands Office Birmingham Office interested parties to engage in the + VAT of the purchase price. The James Shipstone House, 39-40 Marchington Industrial One Victoria Square, submission of revised bids and the buyer’s premium will be included in Radford Road, New Basford, Estate, Marchington, Birmingham B1 1BD 10% Buyer’s Payment reserve price may be disclosed at this the 10% buyer’s payment payable Nottingham NG7 7FQ Staffordshire ST14 8LP (by appointment only) stage. Sales can still be agreed after The 10% buyer’s payment within 24 hours. Derby Office London Office Northampton Office the auction if a price can be agreed (made-up of the deposit and Failure to pay will result in losing 50 Chequers Road, 5 Old Bond Street 7 West Street, Rusden, with the seller. buyer’s premium) must be made the registration fee and you may West Meadows Industrial Estate, Mayfair, London Northampton. NN10 0RT by online transfer only. The be banned from bidding again. Derby DE21 6EN W1S 4PD (by appointment only) minimum buyer’s payment is 4. Successful Bids & £5,000. 10% Buyer’s Payment Failure to pay within the allocated 6. Completion Once the online auction has time (24 hours of auction close) Completion will occur within 20 concluded and the time has elapsed, will mean your winning bid will be working days from the end of the the successful bidder has won withdrawn and potentially offered to auction, unless specifically stated in the lot by law. At this point your other buyers. The seller has the right Take a break from the the special conditions of sale in the identification must be proved to pursue you for the proceeds of sale legal documents. The full balance of (if not done so already) and the 10% should you fail to pay. hassles of house buying... sale will be payable on completion buyers payment of the final auction of the sale and will be co-ordinated purchase price (made-up of the through all designated solicitors. deposit and buyer’s premium) must be paid within 24 hours of auction end. 10% Buyer’s Payment Explained

As a basic example: Proof of Identification Auction purchase price £150,000 = 10% Buyers Payment of £15,000* Leaving £138,600 to complete. It is best practice to prove identity prior to the auction commencing to *10% Buyers Payment breakdown: avoid complications toward the end Buyer’s Premium 2% = £3,600 inc. VAT, Deposit of £11,400. of the auction. Satisfactory proof of identity must be proved within 24 hours of bidding ending, otherwise we cannot accept your bid and you may be banned from bidding again. Two forms of identification will be required from the winning bidder, including photo ID ( passport or driving licence) AND proof of your address (bank statement or utility bill - no more than three months old). Your identification will need to be provided in person at one of our four registration points throughout the country (details opposite). Alternatively, your solicitor can write to us confirming your identity. All proof of identity used will be subject to satisfactory verification by John Pye & Sons Ltd.

10 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 11 ONLINE AUCTION DATES VIEWING DETAILS ADDRESS GUIDE PRICE* 30th & 31st January 2017 [email protected] TRAFFORD PARK HOTEL £300,000 - £350,000+ 0115 970 6060 LOT 1 LOT 1 THIRD AVENUE MANCHESTER, M17 1BW

Accommodation Manchester Ground Floor 465m2 5000ft2 First Floor 465m2 5000ft2

Second Floor 465m2 5000ft2

Total 1395m2 15000ft2

Approx. gross internal floor area

Services We understand the property can be reconnected to electricity, water and drainage.

Tenure The property is freehold.

*Guide Price £300,000 - £350,000 + Investment Analysis Viewings If planning consent can be obtained for a change of use to residential, and At a date to be confirmed, there will be the building converted into approximately 35 apartments, it is envisaged one opportunity to view the property the apartments will achieve in the region of £80,000 to £120,000 each, internally before the auction. dependant on size, design and quality of finish.

VAT We expect a GDV of £3 - £3.5m is achievable based on a conversion to The property is not VAT elected residential use. On Behalf Of Joint Fixed Charge Receivers Simon Guide Price* Hunt & Alistair Wright - Historic Grade II Listed £300,000 - £350,000+ Hotel In Need Of Total Refurbishment

FEATURES Location Description Large Historic Grade II Listed Manchester city centre is less than 3 Completed in 1902, this Early Edwardian ✓ miles to the north east of Trafford Park Grade II listed former hotel retains many Hotel Hotel, making the location ideal for both original period architectural features. ✓ Unique Development residential and social housing. Overall, the property is in a poor state Opportunity (STP) Approximately 1 mile to the north of the of repair and considerable investment is ✓ Requiring Total Refurbishment property is the ever expanding Media required to bring the property back in to ✓ Approximately 15,000 ft2 City, a new waterfront development, use. hosting major media employers such as ✓ Approximately 0.5 Acre Plot the BBC and ITV Studios. Media City has The property is arranged over basement, ✓ Good on site car parking many leisure facilities including a cinema, ground and two upper floors, with gymnasium and various restaurants. potential attic space. The large basement ✓ Freehold is believed to span the width and depth of ✓ Close to City Centre The highly successful Media City the building. residential developments confirm Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James demand for housing to the south west The accommodation remains as it was Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself EPC Rating: N/A and for the vendors or lessors of this property, whose agent they are, give notice that: of Manchester city centre is strong, and when last used as a hotel. Floor plans are 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance Solicitors expected to spread further south in the available upon request. of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given foreseeable future. should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any DWF Solicitors purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or To the rear of the property there is suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential Given the property’s listed status, there a car park with sufficient space to land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings may be an opportunity to obtain a grant accommodate parking for the property. services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or from English Heritage. their employees has any authority to make or give representation or warranty whatsoever in relation to the property.

*Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price 12 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 2 13 1 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 3-5 HIGH PAVEMENT £1,750,000+ 30th & 31st January 2017 [email protected] LOT 2 NOTTINGHAM 0115 970 6060 LOT 2 NG1 1HF

Accommodation

Curious Town Lace Market, Nottingham 581 m2 6,254 ft2 House

Pulse 136 m2 1,464 ft2

Gigantic Tickets 342 m2 3,681ft2

Total 1,059 m2 11,399 ft 2

Approx. net internal floor area

Services We understand the property can be reconnected to gas, electricity, water and drainage.

Tenure The property is freehold.

*Guide Price £1,750,000 Investment Analysis The current annual rent for 2017 is £127,083, reflecting Viewings a current net yield before purcahser’s costs of 7.25%. Please contact John Pye Property on 0115 9706060 or The annual rent increases to £142,500 in 2018, [email protected] reflecting a reversionary net yield of approximately 8.15%. Mixed Use Freehold Investment Guide Price* Current Net Yield - 7.25% £1,750,000 The Curious Townhouse have a lease of 7 years from August 2016, with no break clauses and an upwards Reversionary Net Yield in 2018 - 8.15% only review on the fifth anniversary of the term. The FEATURES Location Description rent increases to £72,500 per annum from 1 March ✓ Mixed use freehold investment High Pavement is one of Nottingham A substantial Grade II listed building, 2017. city centre’s primary destinations for arranged over basement, ground, and opportunity restaurants, bars and pubs, being in three upper floors, having undergone ✓ £127,000 per annum rental the heart of the Lace market. a full programme of renovation. Pulse Associates Ltd have taken a five year lease until income for 2017 September 2021, with a break clause in September ✓ £142,500 per annum rental Some of Nottingham’s most popular The ground floor, basement and 2019 at a fixed rent of £20,000 until the end of the term. bars and restaurants, including; part first floor accommodation are income for 2018 Gigantic Tickets Ltd have taken a five year lease until pitcher and piano, Brass monkey, occupied by The curious town house. ✓ Current net yield 7.25% All Bar One, Iberico World Tapas To the rear of the upper ground floor, 2021, with no break clause. The current rent payable is ✓ Reversionary net yield 8.14% and Belgo are all in the immediate within the former lace factory, is an £37,500 per annum, increasing to £50,000 per annum in ✓ New leases in place until 2021 vicinity. intimate cocktail lounge and bar area. October 2017 until the end of the term. The basement houses a commercial Fully occupied by three ✓ High Pavement is an equally kitchen and a private function area. separate tenants prestigious and well known business Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James ✓ Fully renovated location, being just a few minutes’ The rear sections of the first and Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself walk from the tram line, Market second floors are occupied as offices and for the vendors or lessors of this property, whose agent they are, give notice that: ✓ All leases excluded from 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance Square and Railway Station. High by two separate tenants. The offices of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given sections 24-28 of The 1954 Act should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any Pavement runs from the junction with are all open plan, with kitchen areas purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or Prime city centre location suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye ✓ Stoney Street, on the eastern side of and W.C’s. The offices have separate Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential the Lace Market to Weekday Cross. access to the right of the building. land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings EPC Rating: N/A services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price 14 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 15 1 2 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 5 WILSON STREET £215,000+ 30th & 31st January 2017 [email protected] LOT 3 WORKINGTON 0115 970 6060 LOT 3 CUMBRIA, CA14 4AZ

Services We understand the property has Workington - Cumbria connections to mains gas, electricity, water & drainage

Tenure The property is freehold.

Business Rates The premises have a current rateable value of £7,500.

*Guide Price £215,000

VAT TBA

Investment Analysis The restaurant is currently leased on full repairing and insuring terms with an unexpired term of 11 years. The current income is £21,500 per annum, representing a net yield of 10%.

Restaurant In Busy Town Centre Guide Price* Location - £21,500 pa - 10% Net Yield £215,000+ 11 Years Remaining On Lease

FEATURES Location Description Popular Town Centre Location The subject property is located on the The restaurant was established in 2012 ✓ Eastern Side of Wilson Street in the and due to its popularity has continued ✓ Currently Let To Well busy northwestern coastal town of to grow over the past few years to now Established Restaurant Workington. provide seating for up to 100 covers plus 11 Years Unexpired Term a stylish cocktail lounge spread over two ✓ Workington lies 32 miles south of Carlisle floors. ✓ Current Rent £21,500 pa and is just 10 miles west of the Lake ✓ Net Yield 10% District. Various amenities within the The air conditioned restaurant is vicinity include a large shopping centre, furnished to a high standard with a storm ✓ Close To All Amenities various leisure facilities and a wide porch upon entry, wooden flooring, ✓ Air Conditioned range of independant, local, national and neutrally decorated walls and ceilings. ✓ Full Repairing and Inusring international retailers. Lighting is provided by modern spotlights and wall lights. In addition to the ground Lease Workington has good road links with the floor there is a large kitchen preparation ✓ Freehold A596 linking to the other smaller coastal area and raised stylish cocktail bar. Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James towns. The main A66 connects to the M6 Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself Motorway at Penrith and further afield to Stairs to the first floor provide additional and for the vendors or lessors of this property, whose agent they are, give notice that: EPC Rating: Tba 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance the A1 at Scotch Corner. seating with sinilar decoration and of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given furnishings. should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any Solicitors: Tba purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or In addition, there is a railway station in suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye the town following the Northern Line The restaurant is highly rated on trip Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings which in turn connects to the larger rail advisor. services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are networks such as Virgin and Scotrail. quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price 16 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 17 1 2 JP 30-6-15 Prize Draw A4 Advert.qxp_JP 30-6-15 Prize Draw A4 Advert - chosen 03/07/2015 15:39 Page 1

ADDRESS GUIDE PRICE* 11 & 11A WILSON STREET £110,000+ Auctions LOT 4 WORKINGTON ONLINE AUCTION DATES CUMBRIA, CA14 4AZ 30th & 31st January 2017

STRENGTH IN NUMBERS

Workington - Cumbria John Pye Auctions is a proud Nottingham born and bred family business keen to fly the flag for Nottinghamshire sport. As the UK’s fastest growing auction house, Asset Auctioneers of the Year and the Midlands Fastest Growing Family Business, for us it’s all about the team ethic, so we’re delighted to pledge our brand with a proud club that delivers on the same philosophy. Here’s to a glorious summer for Nottinghamshire County Cricket Club.

Welcome to the Family...

Three Storey Mixed Use A5 Takeaway Guide Price* Restaurant With Accommodation £110,000+ Above Requiring Modernisation

FEATURES Location Description Popular Town Centre Location The subject property is located on the The property comprises of a takeaway ✓ eastern Side of Wilson Street in the restaurant at ground floor level.The first ✓ Downstairs Currently Trading busy north western coastal town of and second floors are residential, with as an Established Takeaway Workington. five separate rooms to the second floor. Current Rent 9,600 pa ✓ Workington lies 32 miles south of Carlisle Services ✓ Upstairs Requiring and is just 10 miles west of the Lake We understand the property has Modernisation District. Various amenities within the connections to mains gas, electricity, vicinity include a large shopping centre, water & drainage ✓ Potential to generate additional various leisure facilities and a wide income from upper parts range of independent, local, national and Investment Analysis international retailers. ✓ Close To All Amenities The takeaway is currently being leased for £9,600 per annum. Additional income ✓ Freehold Workington has good road links with the can be generated following refurbishment A596 linking to the other smaller coastal of the upper parts and conversion into towns. The main A66 connects to the M6 EPC Rating: Tba two separate flats. We estimate a rental Motorway at Penrith and further afield to income of £4,800 per annum for each flat the A1 at Scotch Corner. Solicitors: Tba can be achieved. In addition, there is a railway station in the town following the Northern Line Tenure & Service Charge which in turn connects to the larger rail The property is freehold. networks such as Virgin and Scotrail. johnpye.co.uk *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price 18 Property Auction January 2017 - Catalogue 1 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS FLAT 5, PLAS MEURYN £70,000+ 30th & 31st January 2017 [email protected] LOT 5 HIGH STREET, 0115 970 6060 LOT 5 BANGOR, LL57 1YQ

Description continued The bathroom houses a white three piece Bangor - North Wales suite with shower over the bath, a wall mounted mirror and a towel rail.

Accommodation Lounge/Dining Room: 6.13m x 3.39m Kitchen: 4.58m x 3.21m Bedroom one: 4.12m x 3.26m Bedroom two: 4.07m x 2.54m

Services We understand the property is connected to mains gas, electricity, water and drainage.

Tenure The property is leasehold and was for 999 years when issued in 2005.

Investment Analysis Should the property be let on an AST basis it is envisaged a rental income of £6,600 could be achieved representing a gross yield of 9.4%.

There is also potential to let this property as a holiday home, this could achieve between £300 per week in low season and £500 per week during peak periods.

Council Tax Two Bedroom First Floor Apartment Guide Price* The property is rated in Council Tax Band £70,000+ A. Council Tax payable (2016/2017) is In Highly Desirable Location - £1025.56 p.a.

Excellent Buy To Let Opportunity *Guide Price FEATURES Location Description £70,000 High Street Location The subject property is located on The building is entered via a communal ✓ the high street in the highly desirable front entrance with security caller ✓ In Highly Sought After Area university city of Bangor. intercom to all properties in the block. ✓ Potential Rental Income of Bangor is situated in the north west The apartment, located to the first floor £6,600 pa Representing a Gross corner of Wales and is ideally located comprises reception hallway with good Yield of 9.4% to take advantage of the Menai Straits sized storage cupboard with rooms off to Good Potential For Capital and also provides easy access to The the large lounge / dining room. ✓ Snowdonia National Park. Growth. The kitchen comprises a range of ✓ Two Bedrooms In the immediate vicinity there is a matching wall and base units with granite good range of bars and restaurants, as pattern roll edge worktops, integrated ✓ Communal Parking expected from a busy tourist destination. electric hob and oven with extractor ✓ Intercom / Door Entry System in addition there are various local, over, stainless steel sink and drainer ✓ Double Glazed national and international shops. with plumbing for washing machine. The kitchen also houses the Worcester ✓ Central Heating There is also excellent road links from Combination Boiler. Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James the property, having the major A55 Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself ✓ Long Leasehold and for the vendors or lessors of this property, whose agent they are, give notice that: North Wales Expressway passing by There are two good sized double 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance and linking to the M56 in the East and bedrooms. Bedroom two, located to the of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given EPC Rating: D should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any Holyhead on the west coast of Anglesey rear, also houses the consumer unit. purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or to the West. There is also a mainline suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye Solicitors Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential railway station located in the town. CONTINUED ...... land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings TBA services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

20 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 221 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 10, 12 & 12A Newmarket Street £69,950+ 30th & 31st January 2017 [email protected] LOT 6 Morecambe, Lancashire 0115 970 6060 LOT 6 LA4 6BL

Accommodation Morecambe, Lancashire Property not measured Services We understand the property has mains electric, water and drainage.

Tenure Freehold

Investment Analysis We estimate if levels of full occupancy where achieved then the property could achieve approximately £800 pcm (£9,600 pa). Representing a gross yield of 13.72%.

Council Tax The flat is rated in Council Tax Band A. Council Tax payable (2016/17) is £1,047.37.

Business Rates 10 Newmarket Street has a current rateable value of £1,375

12 Newmarket Street has a current rateable value of £990 Guide Price* Mixed Use Investment Opportunity *Guide Price Two Retail Premises & Flat Above £69,950+ £69,950+ Please note an inspection of this property has not been FEATURES Location Description undertaken. The property is located on the east ✓ Ideal Investment or owner This ideal mixed use investment side of Newmarket Street within the offers versatile accommodation over occupier heart of Bare, a popular residential two floors. ✓ Two retail units with flat above suburb in Morecambe within the district of Lancashire. ✓ One retail unit currently Currently arranged as two occupied by a bakers There are a wide range of amenities commercial ground floor retail units, one of which is currently occupied ✓ First floor flat and other retail and leisure facilities within close proximity to the property including by a bakery, the other is a former unit currently vacant numerous shops, pubs and takeaway shop which is currently ✓ Two/ three bedrooms restaurants providing good passing vacant. ✓ Popular residential location footfall for potential businesses. The first floor flat can be accessed Close to Morecambe ✓ Morecambe Golf Club and via its own private entrance with promenade Morecambe Promenade are both stairs to first floor landing. The situated just 0.5 miles from the ✓ Viewing advised accommodation on offer comprises property taking approximately 10 Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James a spacious kitchen diner, lounge/ Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself minutes on foot. and for the vendors or lessors of this property, whose agent they are, give notice that: EPC Rating: TBC bedroom, two further bedrooms and 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance fitted shower room. of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given Bare Lane train station is within easy should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any Solicitors: TBC reach and there are great road links purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye via the A683 to the M6 motorway. Externally the property benefits from Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential a rear yard area. land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

22 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 2 23 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 35 Alfreton Road £67,000+ 30th & 31st January 2017 [email protected] LOT 7 Nottingham 0115 970 6060 LOT 7 NG7 3JE

Accommodation

Nottingham Property not measured.

Services We understand the property is connected to mains electricity, water and drainage.

Tenure The property is freehold

Investment Analysis We estimate the property will let for £575 pcm (£6,900 pa). Representing a gross yield of 10.3%.

Council Tax The property is rated in Council Tax Band A. Council Tax payable (2016/2017) is £1180.72 p.a.

*Guide Price £67,000

Three Storey Mid Terrace Property On Guide Price* The Edge Of The City Centre - Ideal £67,000+ Investment Opportunity

FEATURES Location Description Two bedrooms The property is located on the south This conveniently located mid ✓ side of Alfreton Road on the A610 on terrace property offers comfortable ✓ Three storey terrace the outskirts of Nottingham City Centre accommodation set over three floors. ✓ Kitchen & bathroom and is positioned within a bustling high street with a variety of retail outlets and Internally the accommodation comprises ✓ Ideal investment opportunity convenience stores on the door step. living room, kitchen, two bedrooms and ✓ Strong rental location family bathroom. ✓ Potential rent of £550 pcm Nottingham City Centre is within 0.5 miles from the subject property taking The front door provides access into the ✓ Potential gross yield of 10.3% approximately 5 minutes by car, offering living/ dining room with an opening ✓ Close to city centre great road links for commuters with the through into the modern fitted kitchen. M1 Motorway within close proximity. Having eye level and base units, space ✓ Excellent transport links for freestanding appliances and a built in ✓ uPVC Double glazing and Nottingham railway station just 1 mile electric hob and oven. electric heating from the property providing access up and down the country. The first floor gives access to a spacious double bedroom and large family Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James EPC Rating: F There are a variety of schooling options bathroom with a further set of stairs Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself and for the vendors or lessors of this property, whose agent they are, give notice that: for all ages and Nottingham Trent leading to the second floor double 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance Solicitors university is within walking distance bedroom with additional eves storage. of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any TBA to the property, making this ideal for purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or landlords and investors. The property benefits from a shared rear suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential yard with a gate leading onto Holden St. land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price 24 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 25 2 ADDRESSADDRESS GUIDE PRICE* Land To The East Of 8 Providence Brae £200,000+ LOT 8 Providence Brae ONLINE AUCTION DATES Bo’ness, EH51 0ED 30th & 31st January 2017

Bo’ness - Near Edinburgh

Large Plot of land With Full Guide Price* Planning Consent For Four £200,000+ Three Storey Dwellings

FEATURES Location Description The subject plot lies to the east of A rare opportunity to purchase one ✓ Unique Development Opportunity Providence Brae in the highly sought after of the last remaining plots in the area ✓ Highly Desirable Location location of Bo’Ness. overlooking the picturesque Firth of ✓ Overlooking the Firth of Forth Forth. Planning consent was granted on ✓ Full Planning Consent Bo’Ness lies on the Southern Banks the 12th October 2015 by Falkirk Council of the Forth River and is well serviced for the erection of FOUR three-storey ✓ Planning Reference P/15/0108/ by excellent transport links with both dwellings with associated infrastructure FUL Edinburgh and Glasgow being just 45 Planning Ref: P/15/0108/FUL. ✓ Four Three Storey Dwellings minutes away by car utilising the M9 motorway. Services Excellent Transport Links ✓ We understand gas, electricity, water ✓ Town Centre Location In the immediate vicinity there is a good and drainage can be connected to the ✓ Close to Amenities range of amenities including schools, site. banks, parks and a wide range of local, ✓ High GDV national and international shops. Costings projection It is envisaged that should the properties EPC Rating: Not applicable There is also a railway station within half be completed to a good standard, a price a mile of the subject plot that provides of between £200,000 and £250,000 each Solicitors easy access to Scotrail which serves the can be achieved representing a GDV of TBC rest of Scotland. between £800,000 and £1m

*Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

26 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 27 ADDRESSADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS LAND AT 21 MERCHANT STREET £250,000+ 30th & 31st January 2017 [email protected] LOT 9 BULWELL 0115 970 6060 LOT 9 NOTTINGHAM, NG6 8GT

Site Area

Bulwell - Nottingham Total 0.0912 hec

Total 0.22 acres Services We understand gas, electricity, water and drainage can be connected to the site.

Tenure Freehold

Suitable for Mixed Use Development Guide Price* Recently Expired Planning Consent £250,000+ Land in Prominent Town Centre Location

FEATURES Location Description ✓ Prominent town centre location The subject land is located at the The site which extends to approx ✓ Approximately 0.22 acres foot of Merchant Street in the well 0.22 acres had previously been ✓ Planning consent previously established market town of Bulwell, granted planning consent on 10th granted for two storey workshop, Nottingham. The plot is surrounded September 2013 under planning offices, store, retail and ancillary by a good mix of residential and reference 13/01630/PFUL3 to build apartment. commercial premises. a two-storey workshop, offices, ✓ Nottingham City Council planning store, retail area and an ancillary reference 13/01630/PFUL3 In the immediate vicinity and within apartment. This has since expired ✓ Excellent transport links walking distance there is a Tesco however it is felt that this would be ✓ Close to all amenities Extra, a Morrisons superstore, a re-approved if applied for once more. ✓ Potential for alternate uses (STP) well stocked high street, and various ✓ Freehold doctors and heath centres. The site is also well suited to a mixed use retail and residential scheme Bulwell benefits from enviable or a sole residential scheme and EPC Rating: Not applicable Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James transport links into Nottingham via it is highly likely this would also Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself and for the vendors or lessors of this property, whose agent they are, give notice that: an excellent bus service and the NET be approved by Nottingham City 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance tram system. In addition, the M1 Council (STP). of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given Solicitors should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any Alan Rattenbury Motorway is just 2 miles to the west purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye Hedleys Solicitors and provides good access to the rest Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential 0115 9473506 of the country. land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

28 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue2 29 ONLINE AUCTION DATES VIEWING DETAILS ADDRESS GUIDE PRICE* 30th & 31th January 2017 [email protected] LOT 10 71A & 71B Llanthewy Road £175,000+ 0115 970 6060 LOT 10 Newport, Gwent NP20 4JZ

Accommodation Newport, Gwent Property not measured Services We understand the property is connected to mains gas, electricity, water and drainage.

Tenure The property is leasehold commencing in 1978 for a period of 999 year. see legal pack for further information.

Investment Analysis We estimate each flat will let for approximately £575 pcm (£13,800 pa). Representing a gross yield of 7.89%.

Council Tax Each flat is rated in Council Tax Band B. Council Tax payable per flat (2016/2017) is £929.19 p.a.

*Guide Price £175,000

Please note an inspection of this property has not been undertaken and photographs have been provided by a third party.

Investment Opportunity - Two x Two Guide Price* Bedroom Apartments in Victorian £175,000+ Terraced Property FEATURES Location bedrooms, a spacious lounge and Highly sought after location The property is located in a prominent kitchen/ breakfast room with access to ✓ position towards the southern end of the rear garden grounds. The flat benefits ✓ Two good sized apartments Llanthewy Road with the junction onto from period features throughout. Warmth ✓ Both apartments having two the B4240, in the area of Newport. is provided by gas central heating and uPVC double glazing. bedrooms Newport is a cathedral and university city ✓ Period features throughout in south east Wales. Located on the River The communal ground floor hall Spacious accommodation Usk. There are many amenities within provides access to stairs to the first floor ✓ walking distance to the property and an flat having spacious accommodation ✓ Central heating and double array of schooling and transport options and benefiting from some recent glazing available. refurbishment. Viewing advised ✓ Newport railway station is within walking The accommodation comprises two ✓ Popular residential area distance to the property and the A4042, bedrooms, large lounge, kitchen/ Close to amenities A449, M4 Motorway and A48 (M) are all breakfast room and family bathroom. ✓ The flat benefits from period features, Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James within 10 miles, ideal for commuters. Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself central heating and uPVC double glazing. and for the vendors or lessors of this property, whose agent they are, give notice that: EPC Rating: 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance Flat 71A - Band D Description of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given This period mid-terrace property has Externally the property benefits from on should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any Flat 71B - Band E street parking to the front with stairs to purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or been converted into two self-contained suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye flats with accommodation arranged over communal entrance door. To the rear of Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential the property there is an enclosed garden land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings Solicitors two floors. services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are TBA with patio (for use by the ground floor flat quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. The ground floor flat comprises two only). *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price 2 30 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 31 ADDRESS GUIDE PRICE* 7 Bryncir Terrace £75,000+ LOT 11 Penmorfa, Tremadog ONLINE AUCTION DATES Gwynedd, LL49 9RY 30th & 31st January 2017

Penmorfa, Gwynedd

Two Bedroom Mid Terrace Property Guide Price* Ideal Investment/Holiday Let £75,000+ Currently Tenanted (£4,680 pa) FEATURES Location rear with delightful countryside views. Two bedrooms The property is located on Bryncir ✓ Terrace just off the A487 in the small Services ✓ Kitchen and bathroom village of Penmorfa, Gwynedd. We understand the property is connected ✓ Popular location to mains electricity, water and drainage. Located on the edge of Snowdonia ✓ Currently tenanted (periodic) National Park, the area is popular with Tenure ✓ Rent achieved £4,680 pa tourists and holiday makers. There are The property is freehold Long term tenants a range of local amenities, transport ✓ links and schooling options within close Investment Analysis ✓ On street parking proximity to the property, and a wider The property is currently tenanted and ✓ Delightful views to the rear of range available from nearby Porthmadog. achieving an income of £390 pcm (£4,680 pa). the property Description ✓ Ideal investment/ holiday This two bedroom mid terrace property We believe the property to be under home offers comfortable accommodation set rented at the moment. We estimate the over two floors. property could let for £450 pcm (£5,400

✓ pa). EPC Rating: E The accommodation on offer comprises two bedrooms, a spacious living room Council Tax Solicitors : TBC with wood burning stove, fitted kitchen The property is rated in Council Tax and family bathroom. Band B.

Externally, the property enjoys on street An inspection has not been undertaken. parking to the front and a garden to the

*Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

Property Auction January 2017 - Catalogue 33 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 92 St Johns Road £75,000+ 30th & 31st January 2017 [email protected] LOT 12 Laughton, Sheffield 0115 970 6060 LOT 12 S25 1YN

Accommodation

Laughton, Sheffield GF 38 m2 418 ft2 FF 37 m2 406 ft2 Total 75m2 807ft2 Services We understand the property is connected to mains gas, electricity, water and drainage.

Tenure The property is freehold

Investment Analysis We estimate once renovated the property will let for approximately 525pcm. Representing a gross yield of 8.4%.

Council Tax The property is rated in Council Tax Band A. Council Tax payable (2016/2017) is £1,066.56 p.a.

*Guide Price £75,000+

End Terrace Property - Guide Price* £75,000+ Investment Opportunity

FEATURES Location Description The two bedroom end terrace ✓ End terrace property The property is located on the west side of St. Paul’s Road in the popular property requires complete renovation ✓ Two bedrooms residential area of Laughton-en-le- throughout. ✓ Full renovation required Morthen a small village within the ✓ Two reception rooms Borough of Rotherham, Sheffield. The property offers spacious accommodation set over two floors, ✓ Popular residential location This semi rural village offers good local in brief the accommodation comprises ✓ Available with immediate amenities including a convenience lounge, dining room and kitchen to the vacant possession store, the Hatfield Arms pub and ground floor. various schooling options with ✓ Potential rent of £525 pcm Laughton Junior School and Laughton The first floor gives access to two well (£6,300 pa) All Saints CE School both within proportioned bedrooms and a family ✓ Potential gross yield of 8.4% walking distance to the property. bathroom to the first floor. Close to amenities ✓ Laughton is well placed for commuters Externally the property benefits from ✓ Excellent transport links with easy access to Sheffield city centre a small walled yard area to the front Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James and Rotherham town centre, both of the property and to the rear there Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself and for the vendors or lessors of this property, whose agent they are, give notice that: EPC Rating: TBC within 15 miles west of the property, is an additional walled yard and then 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given with excellent road links for the A57, a further piece of land behind that should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any Solicitors: TBC M18 and the M1 Motorway. could either be made into a larger purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye separate garden or off street parking for Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential numerous vehicles. land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

34 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue2 35 ADDRESS GUIDE PRICE* ADDRESS GUIDE PRICE* 3G Steamer Street £27,500+ 2H Schooner Street £22,500+ LOT 13 Barrow In Furness ONLINE AUCTION DATES LOT 14 Barrow In Furness ONLINE AUCTION DATES LA14 2SG 30th & 31st January 2017 LA14 2SQ 30th & 31st January 2017

Barrow In Furness Barrow In Furness

Two Bedroom Third Floor Apartment Guide Price* One Bedroom Third Floor Apartment Guide Price* Currently Let - High Yielding 14.8% £27,500+ Potential Gross Yield Of 17.33% £22,500+

FEATURES Location Services FEATURES Location Services Barrow in Furness is a busy town and We understand the property is connected Two bedrooms Third floor apartment Barrow in Furness is a busy town and We understand the property has mains ✓ sea port in the county of Cumbria, close to mains gas, electricity, water and ✓ sea port in the county of Cumbria, close gas, electricity, water and drainage. ✓ Third floor apartment to the Lake District National Park and drainage. ✓ One bedroom to the Lake District National Park and Rental Income ✓ Currently let bordered by Morecombe Bay. Lancaster ✓ Kitchen and bathroom bordered by Morecombe Bay. Lancaster The apartment is let for £75 per week is approximately 50 miles to the south. Tenure is approximately 50 miles to the south. (£3,900 per annum), reflecting a gross ✓ Annual rent £3,900 pa Barrow in Furness is accessed from the Long Leasehold - See legal pack for ✓ Strong rental area Barrow in Furness is accessed from the yield of 15.6%. ✓ Gross yield 14.8% south via the M6 motorway and in turn further details. ✓ High yielding investment south via the M6 motorway and in turn Strong rental area the A590. Potential rent of £3,900 pa the A590. Tenure ✓ Investment Analysis ✓ Long leasehold - please refer to legal pack ✓ Gas central heating The subject property is situated towards Rental Income ✓ Potential gross yield of 17.33% The subject property is situated, towards for further information ✓ Kitchen and bathroom the western end of Steamer Street, close We understand the apartment is let ✓ Ideal investment property the southern end of Schooner Street, to the junction with Ship Street. for £75 per week (£3,900 per annum), close to the junction with Sloop Street. Council Tax ✓ Separate living room reflecting a gross yield of 14.8%. ✓ Optional on site management The property is rated in Council Tax ✓ Close to local amenities Description agent Description Band A. Council Tax payable (2016/17) Council Tax ✓ Good transport links The subject property is a two bedroom ✓ Close to amenities The subject property is a one bedroom is approximately £1,110.30. apartment located on the fourth floor The property is rated in Council Tax apartment on the third floor of this ✓ Optional on site management of this residential apartment block and Band A. Council Tax payable (2016/17) ✓ Good transport links residential apartment block and benefits *Guide Price agent benefits from one double bedroom, one is approximately £1,110.30. from having one double bedroom, £22,500 single bedroom, a separate kitchen, living EPC Rating: a separate kitchen, living room and EPC Rating: room and bathroom. Please note an inspection of this bathroom. Please note an inspection of this property has not been undertaken. Solicitors property has not been undertaken. Solicitors Externally the property benefits from on TBA Externally the property has on street parking. TBA street parking.

*Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

36 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 37 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS AWELFRYN £68,000+ 30th & 31st January 2017 [email protected] LOT 15 LOT 15 BLAENEU FFESTINIOG, GELLILYdAN 0115 970 6060 GWYNEdd LL41 4EG

Accommodation

Gellilydan - North Wales Total 46m2 495ft2

Approx. gross internal floor area taken from the EPC register

Services We understand the property has connections to mains electricity, water and drainage.

Tenure Freehold

Investment Analysis We envisage the property can be let on an AST basis for £500 pcm, representing a gross yield of 8.82%.

However, should the property be let out as a holiday let we estimate that in peak times £600 per week may be achieved and during the off peak season this would reduce to £350 per week.

Council Tax The property is rated in Council Tax Band A . Council Tax payable (2016/2017) is £995.09.

Two Bed Period Cottage Guide Price* *Guide Price £68,000+ £68,000 Ideal Holiday Let ** PLEASE NOTE, THE PROPERTY HAS NOT BEEN MEASURED AND PHOTOGRAPHS HAVE BEEN Location Description FEATURES PROVIDED BY A THIRD PARTY. Many Period Features The subject property is located in the This attractive, sturdy stone built ✓ heart of the village of Gelillydan in the cottage features a good size living room, ✓ Popular Area county of Gwynedd in North West Wales. with log burner, window seat, painted ✓ Ideal Holiday Let exposed stone walls, and stripped timber Gelillydan is in the heart of Snowdonia floorboards and a useful under stairs store ✓ Close to Towns National Park and provides an ideal area. From the lounge a door leads to ✓ Recent Economy 7 Heating base for walkers, cyclists, climbers and the kitchen, which is a good size and well Fireplace fishermen. laid out with a door leading to the outside ✓ area. ✓ Wooden Floors The harbour town of Porthmadog is just ✓ Rural Location 9 miles to the west and hosts an array of On the first floor are two bedrooms, the amenities including a Tesco superstore. main bedroom features exposed painted ✓ Freehold stone walls, timber wall panels, fireplace, In addition, the British Rail Train Station, window seat, plus an unusual full height EPC Rating: D Ffestniog and Welsh Highland railway ceiling. The second bedroom has a stations are all close by proving easy mezzanine floor, accessed by a ladder. It Solicitors access to the rest of North West Wales. has lighting, power and is carpeted, and Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James has been used as a study and occasional Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself Sarah Johnson and for the vendors or lessors of this property, whose agent they are, give notice that: Fraser Dawbarns Solicitors sleeping area. 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given 01945 461465 should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any Also on the second floor is the well fitted purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye shower room, with w.c and a hand basin. Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

38 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue2 39 TG TR.... Property T ACT TART FEBRUARY 2017 SELLE EES

To arrane a EE roerty auction araisal for a NIL COST seller fee rate contact on ye Auctions roerty Division on 115 9 6 6 or email [email protected] ADDRESSADDRESS GUIDE PRICE* £52,500+ Plot of Land, 9 Nelson Road LOT 16 Blackpool ONLINE AUCTION DATES FY1 6AS 30th & 31st JANUARY 2017

Blackpool

Development Opportunity - Planning Guide Price* Consent 4 x 2 Bed Apartments £52,500+

FEATURES Location Description ✓ Building plot for 4 x 2 bedroom The subject plot is located on On the 2nd October 2012 planning flats Nelson Road which is between the consent was granted by Blackpool ✓ Desirable seaside location south and central pier and is just a 2 Council to demolish an existing hotel ✓ Easily lettable prospects ✓ Anticipated gross development minute walk from Blackpools famous and erect a four storey building to value in the region of £300,000 promenade overlooking the Irish Sea. form 4 self-contained permanent flats. Blackpool tower is just 0.8 miles from the subject property. The hotel has already been EPC Rating: Not applicable demolished providing a good sized As a result of this unique location level buildable plot. the flats will be in extremely high Solicitors demand for either long term lettings All 4 flats share a main entrance Reemans Solicitors for residents or as holiday flats where vestibule have two good sized in the summer months and during the bedrooms, a large lounge, spacious world renowned illuminations they kitchen / dining area and bathroom. can demand in excess of £900 per The ground floor flat has the benefit week. of a small garden.

In addition a bike shed has been allocated for residents.

*Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

42 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 43 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 19a Bank Place, Porthmadog, £130,000+ 30th & 31st January 2017 [email protected] LOT 17 0115 970 6060 LOT 17 caernarfonshire ll49 9aa

Accommodation

Porthmadog - North Wales Total 137m2 1,474ft2

Approx. gross internal floor area taken from the EPC register

Services We understand the property has connections to mains gas, electricity, water and drainage.

Tenure Freehold

Investment Analysis The property is currently let on an AST basis for £600 pcm, however, the tenants have given notice to vacate.

Should the property be let out as a holiday let we estimate that in peak times £800 per week may be achieved and during the off peak season this would reduce to £450 per week.

Council Tax The property is rated in Council Tax Band C. Council Tax payable (2016/2017) is £1,310.82.

Exceptionally Well Presented Town Guide Price* *Guide Price £130,000 House Conversion - Ideal Holiday Let £130,000+ ** PLEASE NOTE, THE PROPERTY HAS NOT BEEN MEASURED AND PHOTOGRAPHS HAVE BEEN Location and period cast iron balustrade.The FEATURES PROVIDED BY A THIRD PARTY. Superb holiday let The subject property is located on Bank sitting room features a curved wall, ✓ Place in the Welsh harbour town of exposed stonework, and a mezzanine ✓ Upto £800 per week as holiday Porthmadog.Porthmadog is located on study/occasional sleep area. The original let in peak season the West Wales coast. Oak Pulley Beam remains in place, adding to the character of the property. ✓ Popular location The property itself is ideally located close ✓ Quality design and features to the high street which hosts an array of There are two good size bedrooms, one American Oak flooring to amenities including a Tesco superstore with exposed beams and feature exposed ✓ just 2 minutes walk away. brickwork. A super bathroom featuring sitting room a Japanese bath, large walk in shower, ✓ Two large double bedrooms The British Rail Train Station, Ffestiniog period w.c. plus a large and useful store and Welsh Highland railway stations are area. ✓ Mezzanine floor all located with a short walking distance. ✓ Open plan kitchen / dining The semi-basement, with door to ✓ Large walk in shower and There is also a regular bus service linking courtyard offers a huge range of storage nearby Caernarfon and Pwllelli that runs cupboards, w.c. utility area plus an Japanese bath through the town. additional store room with original slate Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James slab floor. Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself ✓ Exposed brick work and for the vendors or lessors of this property, whose agent they are, give notice that: Description 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance The living space features expensive of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given EPC Rating: TBA Entrance vestibule, with feature should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any aquarium/terrarium. Good size kitchen / timber flooring (with American Oak to the purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or dining room with additional seating area. sitting room). suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye Solicitors Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential The staircase features exposed brickwork land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings Fraser Dawbarns Solicitors services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

44 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue2 45 ADDRESS GUIDE PRICE* ADDRESS GUIDE PRICE* 90 Lower Barnes Street £30,000+ Flat 4, 405 Mansfield Road £53,000+ LOT 18 Clayton Le Moors ONLINE AUCTION DATES LOT 19 Sherwood ONLINE AUCTION DATES BB5 5SW 30th & 31th January 2017 Nottingham, NG5 2DP 30th & 31st January 2017

Clayton Le Moors - Northeast Sherwood, Nottingham

Two Bedroom End Terrace Guide Price* One Bedroom First Floor Apartment Guide Price* Ideal Buy to Let Investment £30,000+ Currently Tenanted - Gross Yield 9.28% £53,000+ Strong Rental Area FEATURES Location Services FEATURES Location Description The subject property is located on the We understand the property is connected The subject property is located on the The flat is on the first floor of this Ideal Buy to Let Investment Excellent investment opportunity ✓ north-eastern side of Lower Barnes to mains gas, electricity, water and ✓ western side of Mansfield road (A60), converted Edwardian period property. ✓ Freehold Street in the district of Clayton Le Moors. drainage. ✓ Close to city centre offering easy access in to the city centre Access to the flat is via a communal ✓ Gas central heating ✓ Ideal buy to let and Mansfield town to the north. entrance and stairwell to the first floor. In the immediate vicinity, there is a good Investment Analysis ✓ Double glazed windows range of amenities, including local shops, The property is currently vacant, ✓ Currently tenanted at £4,920pa The property is just 1.5 miles north of Services ✓ Excellent transport links a post office and healthcare. however there is good demand for rental representing a gross yield of Nottingham city centre and is serviced by We understand the property is connected to mains electric and water and drainage. High demand for rent in the stock within the area. Should the property 9.28% regular bus services. ✓ Nearby in Blackburn and Burnley there is be let on an AST basis, is it envisaged a area a wider range of shops and amenities and weekly rent of £95 per week (£4,940 pa) ✓ Close to local shops amenities The popular residential areas of Investment Analysis The property is currently being let on an ✓ Potential gross yield of 16.47% both are easily reached by the excellent can be achieved, representing a gross ✓ Off street parking Sherwood and Carrington attract many local transport system. yield of 16.47% based on the guide price young professionals wishing to be close AST for £4,920pa representing a gross yield ✓ Close to amenities of £30,000. ✓ Leasehold to the cultural delights that Nottingham of 9.28%. Excellent transport links Description Periodic AST agreement city centre has to offer. ✓ ✓ Council Tax The property is entered from street level, Council Tax The property is rated in Council Tax Band leading directly to the lounge and through The property is rated in Council There are many local amenities within EPC Rating: D EPC Rating: TBA A.Council Tax payable (2016/2017) is to the kitchen diner, where there is a door Tax Band A. Council Tax payable walking distance to the property including £1180.72 pa Solicitors: TBA to the enclosed rear yard. (2016/2017) is £1079 p.a. Solicitors shops, bars, Lidl supermarket and local schooling options. TBA Service Charge and Ground Rent Upstairs boasts two good sized bedrooms *Guide Price Please refer to the legal pack for details and a family bathroom comprising three £30,000 Nottingham railway station provides of the service charge and ground rent piece suite. regular access up and down the country. payable.

*Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

46 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 47 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 26 Heathcote Drive £72,000+ 30th & 31st January 2017 [email protected] LOT 20 Chesterfield, Derbyshire 0115 970 6060 LOT 20 S41 0BB

Accommodation

Chesterfield, Derbyshire Kitchen: 2.70m x 6.29m (max.) Living Room: 3.62m x 4.10m (max.) Bathroom: 1.55m x 1.82m (max.) Bedroom 1: 2.7m x 1.93m (max.) Bedroom 2: 3.55m x 3.63m (max.) Bedroom 3: 2.7m x 4.17m (max.)

Services We understand the property has mains electric, water and drainage.

Tenure Freehold

Investment Analysis We understand the property was previously let on a 6 month AST basis at £595pcm, reflecting a yield of approximately 9.92%

Council Tax The property is rated in Council Tax Band A.

*Guide Price £72,000+

Three Bedroom Semi Detached Guide Price* Please note an inspection of £72,000+ this property has not been Buy to Let Opportunity undertaken.

FEATURES Location eye level cupboards and space for a Good internal decor The subject property is located on the freestanding cooker to be installed. An ✓ eastern side of Heathcote Drive off Calow extraction hood has been fitted and there ✓ Refurbished spring 2015 Lane, in Hasland, a residential area on the is a stainless steel sink and drainer. The ✓ Large rear garden outskirts of Chesterfield town. kitchen has wood laminate flooring. ✓ Baxi boiler (approx 2 years old) The property benefits from good access To the first floor there are three double ✓ Gas central heating to the A617 and Junction 29A of the M1 bedrooms, a separate toilet and a bathroom. The bathroom benefits from a ✓ Three double bedrooms Motorway which is just 3.2 miles east of the property. “Mira” electric shower over the bath, fully ✓ Separate toilet tiled walls, wood laminate floors and a ✓ Desirable residential area Chesterfield town centre is located hand basin. New carpets have been laid approximately 1.5 miles north west from upstairs. ✓ Previously let for £595 pcm the subject property. ✓ Representing a gross yield of Externally, the property has a large rear 9.92% Description garden, mainly laid to lawn, with some The property is semi-detached and paving around the house. The garden is in recent years has undergone some accessed either from the kitchen or via a Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James EPC Rating: D refurbishment. The property is of a non- gate a the side of the property. Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself and for the vendors or lessors of this property, whose agent they are, give notice that: standard construction. 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance Solicitors: TBC of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any To the ground floor the accommodation purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye comprises a separate kitchen and living Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential room. The kitchen has fitted base and land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

48 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue2 49 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 1 FITZWILLIAM STREET £120,000+ 30th & 31st January 2017 [email protected] LOT 21 MABLETHORPE, LINCOLNSHIRE 0115 970 6060 LOT 21 LN12 1AB

Services We understand the property is Mablethorpe - Lincolnshire connected to mains gas, electricity, water and drainage.

Tenure See legal pack for confirmation

Investment Analysis We are advised that the property is currently let on an individual AST basis achieving a rental income of £750 per calendar month and the tenancy can be terminated if required.

Should the necessary HMO licence be obtained around £85 per room per week could be achieved for the 6 potential letting rooms. This equates to £26,520 pa representing a gross yield of 22.1%

Council Tax The property is rated in Council Tax Band A. Council Tax payable (2016/17) is £ (1015.01)

Modernised Four / Five Bedroom Guide Price* End Terrace House - Excellent Family £120,000+ Home or Potential for HMO - 22% FEATURES Location The kitchen is fitted with a range Close to the beach The subject property is situated on of modern wall and base units with ✓ Fitzwilliam Street, close to the junction contrasting work tops, stainless steel sink ✓ Investment opportunity with Tennyson Road and to the and drainer with mixer taps, space for a ✓ Currently tenanted north of High Street. Mablethorpe is washing machine, under counter fridge approximately 20 miles north of Skegness and tumble dryer, combination boiler, ✓ Achieving £750 pcm gross and 15 miles east of Louth. laminate flooring and UPVC double yield of 7.5% glazed door leading to the rear garden Potential HMO - 22% yield Along with being an established seaside area, window to the side aspect and a ✓ resort Mablethorpe is also attractive to radiator. There is a utility room with two ✓ Very well presented families and individuals. small windows to the side aspect and a ✓ Recently modernised carpeted floor. In the immediate vicinity there are ✓ Double glazed various shops and supermarkets, health To the first floor there is a study and four ✓ Gas central heating facilities and banks along with an award well presented bedrooms. All rooms are Large living room winning blue flag beach. carpeted and benefit from UPVC double ✓ glazing. The bathroom is fitted with a ✓ Patio garden Description three piece white suite comprising a walk in shower and glass screen, W.C, wash Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James ✓ Close to amenities To the ground floor there is a living room Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself which has a UPVC double glazed window hand basin, fully tiled walls, and UPVC and for the vendors or lessors of this property, whose agent they are, give notice that: ✓ Viewing advised 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance to the front aspect, wooden flooring, two double glazed window to the side aspect. of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given radiators and UPVC double glazed french There is off road parking for one car and should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any EPC Rating: D purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or doors to the rear garden allowing plentiful access to the rear patio area is available suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye natural light. down the side of the property. Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings Solicitors: TBA services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

50 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 2 51 ONLINE AUCTION DATES VIEWING DETAILS ADDRESS GUIDE PRICE* 30th & 31st January 2017 [email protected] Various private residences £599,950+ 0115 970 6060 LOT 22 LOT 22 around North West Manchester Schedule of Accommodation

Manchester Address Description Size (sq.ft) Rent (pcm) Rent (pa)

Chedworth Crescent Three Bedroom 1184 £575 £6,900 M38 9FE Terrace House Chedworth Crescent Four Bedroom 1259 £795 £9,540 M38 9FE Terrace House Manchester Road East Three Bedroom 775 £550 £6,600 M38 9AN Terrace House Parkway Grove Two Bedroom End 883 £550 £6,600 M38 0EY Terrace House Poynter Walk Three Bedroom 786 £500 £6,000 OL1 4PA Terrace House Wythburn Road Three Bedroom N/K £555 £6,660 M24 5LR Terrace House Pendlebury Road Two Bedroom 893 £520 £6,240 M27 4BA Terrace House Seddon Avenue Three Bedroom 829 £450 £5,400 M26 2QQ Semi Detached House Total £4,495 £53,940

Residential Investment Portfolio Guide Price* 6 x 3 Bedroom Houses 1 x 2 Bedroom House & £599,950+ According to experts this is what a broad section of the market want. High quality rental accommodation that caters to graduates, young professionals and also families are set to do 1 x 4 Bedroom House incredibly well in Manchester. * FEATURES Location Description Manchester’s residential housing market has climbed from strength to strength in recent years. ✓ Eight individual houses Four of the subject properties are The properties are all tenanted on located in and around the district AST contracts. All of the tenants The city sits at the heart of the Northern Powerhouse and is in receipt of ongoing investment in Current yield 9% ✓ of Little Hulton, which lies 10 miles are long term, with no intention infrastructure. It still remains a strong contender for those seeking to protect capital and produce High yielding investment ✓ North West of Manchester. Little of moving. We are advised by the an income well above bank interest rates. ✓ Current income £53,940 Hulton is easily accessible via the vendor that there have been no voids ✓ All within close proximity main A6 dual carriageway or the in recent years. Northern Trainline which runs every Predicted house price growth in Manchester for 2016-20 stands at 24.6% and rental income for Ready made investment ✓ 30 minutes. The properties are predominantly the period is expected to rise by 22.8%. This provides an attractive investment for investors to ✓ Opportunity to increase rents let to DSS tenants, with the rent the region. ** ✓ Strong rental locations The other four properties are located being paid direct to landlord and ✓ Good potential for capital to the North and Northwest in the guaranteed. * Source - JLL news release 04/02/2016 districts of Radcliffe, Whitefield, growth. ** Source - Manchester Evening News 24/06/2016 Eccles and Worsley. These locations The vendor has advised that all ✓ Predominantly DSS tenants are well serviced by the main the properties have been well Well maintained portfolio M60 Motorway and the A56 dual maintained. Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James ✓ Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself carriageway. and for the vendors or lessors of this property, whose agent they are, give notice that: 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance EPC Rating: See legal pack External viewings only of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given All properties are relatively close should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or Solicitors: To be confirmed by to each other, allowing for easy Please note John Pye Property has suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential management of the portfolio not inspected any of the properties land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings being sold. services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price 52 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 53 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 7 The Square, £59,000+ 30th & 31st January 2017 [email protected] LOT 23 Blackwood, Glan y Nant, 0115 970 6060 LOT 23 Gwent, NP12 3XF

Accommodation Blackwood, Gwent Property not measured Services We understand the property has mains gas, electric, water and drainage.

Tenure Freehold

Investment Analysis We estimate the property will let for approximately £500 pcm (£6,000 pa). Representing a gross annual yield of 10.17%.

Council Tax The property is rated in Council Tax Band B. Council Tax payable (2016/17) is £950.45

*Guide Price £59,000+

Please note an inspection of this property has not been undertaken and photographs have been provided by a third party. Charming End Terrace Cottage Guide Price* £59,000+ High Yielding Investment 10.17%

FEATURES Location station is within 500 ft from the ✓ End terrace cottage The property is located on the north property ideal for commuting to side of the square which connects Caerphilly and Cardiff. Accommodation over three ✓ Pengam Road and Gwerthonor Road floors in the popular residential area of Description ✓ Modern fitted kitchen and Pengam in the Rhymney Valley in the This traditional stone built end bathroom Caerphilly county borough, in Wales. terrace cottage offers spacious accommodation set over three floors. Three bedrooms ✓ There are a wealth of amenities ✓ Ideal investment or owner within close proximity to the property The property comprises entrance occupier including local convenience stores, door leading into a spacious living ✓ Potential gross yield of 10.17% a cafe, and fish and chip shop and room with stairs to lower ground and other retail outlets. first floor landing. ✓ Vacant possession ✓ Rear courtyard Lewis Senior School Pengam and The lower ground floor comprises a

✓ Popular residential location Pengam Primary School are both modern fitted kitchen with separate Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James located in walking distance within 0.3 utility and access to the rear Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself and for the vendors or lessors of this property, whose agent they are, give notice that: EPC Rating: D miles from the property. courtyard garden. 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any Solicitors: TBC There are good road links between To the first floor there are three well purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye Pengam and the neighbouring proportioned bedrooms and a fitted Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings villages and towns. Pengam railway family bathroom. services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

54 Property Auction June 2016 - Catalogue Property Auction June 2016 - Catalogue 2 55 ADDRESSADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 5A Watling Street £46,000+ [email protected] LOT 24 Llanrwst, Conwy LOT 24 30th & 31st January 2017 0115 970 6060 LL26 0LS

LLanrwst - North Wales Accommodation Total 62m2 667ft2

Approx. gross internal floor area

Services We understand the property has connections to mains electricity, water, sewage and telephone.

Tenure Long leasehold - lease length to be confirmed.

Investment Analysis It is envisaged that the property could be let on an AST and a rental income of £450 pcm achieved, representing a gross yield of approximately 11.74%.

Should the property be let as a holiday home, we envisage £600 per week could be achieved in the high season reducing to around £300 per week in the low season.

Council Tax The property is rated in Council Tax Band A . Council Tax payable (2016/2017) is £857.47. Guide Price* 3 Bedroom Maisonette *Guide Price Excellent Investment £46,000+ £46,000 Please note: Photographs supplied by a third party. FEATURES Location Description The subject property is located on The property is a three bedroom ✓ Excellent buy to let opportunity Watling Street in the picturesque maisonette with secluded access. ✓ Good rental location town of Llanrwst, Conwy, North ✓ Good transport links Wales. There is private access from the road ✓ Long leasehold to the entrance door. Stairs lead to Llanrwst is situated 15 miles south of a large recently decorated, carpeted ✓ Close to all amenities the seaside towns of Llandudno and living room with feature fireplace ✓ Approximately 11.74% gross yield Colwyn Bay and is set alongside the and bay window to the front aspect. River Conwy on the A470, a major An archway leads to the spacious EPC Rating: 47 (E) road linking North Wales to kitchen /dining room which hosts South Wales. panelled walls, a range of base units Solicitors and window to the rear aspect. Sarah Bridgeland The Snowdonia National Park is Fraser Dawbarns less than one mile to the west and Stairs from the main entrance lead 01945 461 465 offers various outdoor pursuits such to bedroom 1 and bedroom 2 which as walking, fishing, kayaking and rock are both carpeted and have windows Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself and for the vendors or climbing. As a result Llanrwst is an to the front elevation. Bedroom 3 is lessors of this property, whose agent they are, give notice that: 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance of intending ideal base for tourists to the region carpeted and has a window to the purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given should not be relied on rear. The bathroom is part tiled, with as a statement or representation of fact or that the property or its services are in good condition. Any purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or suitability of the property. 3. Any areas, wooden flooring and fitted with a measurements, floor plans or distances given are approximate only. 4. John Pye Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential land, air or water contamination. It is the responsibility modern bathroom suite. of the purchaser to make its own enquiries. 5. None of the buildings services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price whatsoever in relation to the property.

56 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 57 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS Garden Flat, 3 Radford Road £385,000+ 30th & 31st January 2017 [email protected] LOT 25 Lewisham, London 0115 970 6060 LOT 25 SE13 6SB

Accommodation Lewisham, London Property not measured Services We understand the property has mains electric, water and drainage.

Tenure Share of freehold - See legal pack for further information.

Investment Analysis We are advised that the property is currently let and achieving approximately £1,175pcm (£14,100 pa). Representing a gross yield of 3.65%.

Council Tax The property is rated in Council Tax Band C. Council Tax payable (2016/17) is £1,225.47.

Please note an inspection of this property has not been undertaken and photographs were taken prior to letting.

Two Bedroom Ground Floor Guide Price* Flat - Ideal Investment £385,000+

FEATURES Location The accommodation in brief ✓ Garden flat Conveniently located towards the comprises a fitted kitchen having a north end of Radford Road, with the range of eye level and base units with Two bedrooms ✓ junction of Hither Green Lane in integrated hob/oven and space for ✓ Fitted kitchen and bathroom Lewisham, Southeast London. free standing appliances. ✓ Ideal investment or owner occupier The property is situated in a popular The living room is located to the rear residential location, close to a wealth of the property and has French style Currently let at £1,175pcm Kitchen ✓ of amenities and excellent transport doors leading out to the rear garden ✓ Rent increase to £1,225pcm in links providing direct access into grounds. January 2017 London city centre. ✓ Strong rental area The remaining accommodation There are many local schooling includes a family bathroom, Close to amenities ✓ options for all ages and Lewisham basement ideal for storage and two ✓ Popular residential location Park is located just a short walk double bedrooms, one of which is FOR away. located on the first floor. RRo ✓ On street permit parking Disclaimer: John Pye Property is the trading name of John Pye &Room2 Sons Ltd whose registered office address is James Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself and for the vendors or lessors of this property, whose agent they are, give notice that: EPC Rating: C Description Externally the property benefits from 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given This two bedroom split level garden on street permit parking and a sizable should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any Solicitors: JMW Solicitors flat, located within this delightful garden, mainly laid to lawn, at the purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye period semi detached property, rear of the property. Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings offers comfortable accommodation services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are arranged over two floors. quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

58 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 2 59 ADDRESS GUIDE PRICE* ADDRESS GUIDE PRICE* Dwyryd Cottage, Watling Street, £90,000+ 89 Whetley Hill £75,000+ LOT 26 Llanrwst, Clwyd, ONLINE AUCTION DATES LOT 27 Bradford, West Yorkshire ONLINE AUCTION DATES LL26 0LS 30th & 31st January 2017 BD8 8NS 30th & 31st January 2017

Llanrwst, Clwyd Bradford, West Yorkshire

Semi Detached Cottage With Four Guide Price* Four Storey, Four Bedroom Guide Price* Bedrooms In Popular Location £90,000+ Mid Terrace Property £75,000+

FEATURES Location Services FEATURES Location Services The subject property is located on We understand the property has mains Semi detached cottage Stone mid-terrace property The property is located on Whetley Hill, We understand the property is connected ✓ Watling Street in the picturesque town of gas, electric, water and drainage. ✓ just off the B6144, the connecting road to mains gas, electricity, water and ✓ Four bedrooms Llanrwst, Conwy, North Wales. ✓ Vacant possession into Bradford city centre. drainage. ✓ Kitchen & utility Tenure ✓ Four bedrooms Llanrwst is situated 15 miles south of the Freehold Bradford city has been subject to Tenure ✓ Downstairs WC & family seaside towns of Llandudno and ✓ Ideal investment or owner regeneration over the past few years, with The property is freehold bathroom Colwyn Bay and is set alongside the Investment Analysis occupier numerous national retailers including Currently tenanted for £500 River Conwy on the A470, a major road We are advised the property is currently Potential rent of £550 pcm Costa, Subway and Morrisons occupying Investment Analysis ✓ linking North Wales to South Wales. let and is achieving a rental income of ✓ space within the city. The location has We estimate the property could let for pcm (£6,000 pa) £500 pcm (£6,000 pa). Representing a ✓ Potential yield of 8.8% regular public transport services linking £550 pcm (£6,600 pa) Representing a ✓ Ideal investment/ holiday let or The Snowdonia National Park is less than gross yield of 6.67%. ✓ Strong rental area to the surrounding areas, ideal for the gross yield of 8.8%. one mile to the west and offers various large student community. owner occupier outdoor pursuits such as walking, fishing, Council Tax ✓ Close to amenities There is potential for a higher rent to ✓ Close to amenities kayaking and rock climbing. As a result The property is rated in Council Tax ✓ Close to city centre Bradford Forster Square Train Station be achieved if the property was let to Llanrwst is an ideal base for tourists to Band . Council Tax payable (2016/17) is ✓ Close to Snowdonia National ✓ Viewing advised is located approximately 0.8 miles to students on a room by room basis or if the region. approximately £945.56. the East. The University is located on the property was converted into studio Park Richmond Road which lies 0.3 miles to apartments (STP). Description *Guide Price EPC Rating: D the south. EPC Rating: TBC This four bedroom semi detached cottage £90,000+ Council Tax comprises accommodation set over two Solicitors: TBC Description The property is rated in Council Solicitors: TBC floors having, fitted kitchen, utility, living Please note an inspection of this The property comprises fitted kitchen, Tax Band A. Council Tax payable room, WC, four bedrooms and family property has not been undertaken Please note an inspection of the two reception rooms, four bedrooms and (2016/2017) is £935.82 p.a. bathroom. and photos have been provided by a property has not been undertaken family bathroom. third party.

*Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

60 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 61 Residential ADDRESS GUIDE PRICE* Commercial Property 84 Holbeck Street £40,000+ LOT 28 Liverpool ONLINE AUCTION DATES Nationwide L4 2US 30th & 31st January 2017

Liverpool

Three Bedroom Mid Terrace Property Guide Price* Ideal Investment - 14.25% Yield £40,000+

FEATURES Location Description Mid terrace property The property is located on Holbeck This three bedroom mid terrace ✓ Street just off Pinehurst Road in the property is available with immediate ✓ Three bedrooms district of Anfield in Liverpool. vacant possession. The accommodation ✓ Two reception rooms in brief comprises lounge, dining room, ✓ Fitted kitchen & Bathroom A popular residential area on the kitchen, two bedrooms and bathroom. outskirts of the city centre, having ✓ Vacant a number of amenities on the door Services ✓ Potential rent of £475 pcm step including schooling for all ages. We understand the property is connected No hassle, peace to mains gas, electricity, water and (£5,700 pa) Liverpool Anfield and Goodison Park football stadiums are both located drainage. ✓ Potential gross yield of 14.25% within one mile of the property. of mind solutions... ✓ Ideal investment Tenure The property is freehold ✓ Strong rental area The area provides excellent transport links with the M57 and M62 in close Investment Analysis We have a very experienced team, offering: proximity providing easy access up and EPC Rating: C We estimate the property will let for / Valuations / Agency / Maintenance / Security / Auctions down the country. approximately £475 pcm (£5,700 pa) Solicitors: Liverpool city centre is situated just Haworth & Gallagher Solicitors Council Tax Contact one of the team to discuss your requirements over three miles west of the property The property is rated in Council Tax Band and can be accessed within 15 minutes A. Council Tax payable (2016/2017) is on 0115 970 60 60 or [email protected] Please note an inspection of the by car. £1,116.97 p.a. johnpye.co.uk property has not been undertaken

*Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

62 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 63 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 3B Avallon Avenue £37,500+ 30th & 31st January 2017 [email protected] LOT 29 Deganwy, Llandudno Junction 0115 970 6060 LOT 29 LL31 9AD

Accommodation Llandudno Junction, Deganwy Property not measured. Services We understand the property is connected to mains electricity, water and drainage.

Tenure Freehold of the building included and long leasehold, in excess of 800 years remaining. Please refer to legal pack for further information.

We are advised that the freehold of the building is included within the sale.

Investment Analysis The property is currently let for £4,300 pa. Representing a gross yield of 11.47%. However we believe this to be under rented and could achieve approximately £5,200 pa.

If the property was used as a holiday let we estimate the property could be let for around £300 per week during the peak seasonal months.

Council Tax The property is rated in Council Tax Band A. Council Tax payable (2016/2017) is £894.91 p.a. One Bedroom Flat - Ideal Guide Price* £37,500+ *Guide Price Investment/Holiday Let £37,500 Please be advised that an inspection FEATURES Location Description of the property has not been undertaken and photos have been Second floor flat The property is located part way down This second floor one bedroom flat offers ✓ Avallon Avenue, just off Conway Road in comfortable accommodation, ideal for a provided by a third party and were ✓ Freehold for the building the heart of Llandudno Junction. second home or holiday/letting property. taken prior to letting. included Llandudno Junction, once known as The flat is accessed via a communal ✓ One bedroom Tremarl, is a small town within the entrance door with stairs leading to upper ✓ Fitted kitchen & bathroom borough of Conwy, Wales and is located floors. Ideal owner occupier or south of Llandudno. ✓ The property is located on the second investment There are many amenities available floor and the internal accommodation ✓ Currently tenanted producing a within the town including an array of in brief comprises, open plan kitchen/ shops eateries, local schooling and leisure living room with a range of eye level and rental income of £4,300 pa facilities. base units, electric hob and oven, feature ✓ Gross yield of 11.47% electric fire and two front facing sash ✓ Close to amenities There are popular tourist attractions windows. within close proximity including Conwy ✓ Close to Snowdonia & the Castle, Conwy & Maesdu Golf Club’s and There is one double bedroom located to Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James excellent access to Snowdonia ideal for the rear having distant views over the Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself coast and for the vendors or lessors of this property, whose agent they are, give notice that: outdoor per-suites. mountains and countryside. There is 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance a small study/ box room and a family of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given EPC Rating: G should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any The property is located 0.3 miles from bathroom. purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or Llandudno Junction railway station and is suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye Solicitors Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential within a five minute drive to the A55 and The property benefits from a hot water land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings TBA the Conwy Tunnel. boiler and plumbing for washing machine. services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

64 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue2 65 ADDRESSADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 76 & 76a Yarm Lane £130,000+ 30th & 31st January 2017 [email protected] LOT 30 Stockton on Tees 0115 970 6060 LOT 30 Teeside, TS18 1EW

Accommodation

STOCKTON ON TEES Total 324m2 3488ft2

Approx. gross internal floor area Planning The property has previously had planning consent to convert the upper hall of the building into 2 x 2 bedroom self contained flats.

Investment Analysis Should both shops be let this would generate an income of £12,000 pa. Should planning consent be once again granted and works carried out to convert the upper floors into two x two bedroom flats it is envisaged these could be let for £4,800 each.

Services We understand the property has mains gas, electricity, water and drainage.

Tenure Freehold

A5 Retail And Residential Investment Guide Price* Business Rates Number 76 currently pays £4,300 Opportunity - Potential 16.6 % Gross £130,000+ pa and Number 76a currently pays Yield £4,200 pa *Guide Price FEATURES Location Description £130,000 ✓ 2 x A5 takeaway units The Property is located on Yarm The property comprises two A5 hot Lane which is located close to the food takeaways together with a large ✓ Prominent high street position VAT centre of Stockton-on-Tees. hall above which previously had Previously had planning No VAT payable on purchase price. ✓ planning consent for conversion to 2 consent to convert upper hall Stockton-on-Tees offers a range x 2 bedroom self contained flats. The to 2 x 2 bedroom self of independant local, national and planning consent has now expired, contained flats international retailers along with however, we believe if it was re- ✓ Potential rental income from plentiful bars and restaurants. applied for a new consent would be shops and accommodation The train station is within walking granted. Alternatively the property distance from the subject property. can be used for other uses (STP). £21,600 pa (STP) ✓ Some shop fittings included The A66 linking to Middlesbrough At ground floor level there are two ✓ Close to both residential and and Darlington is just a 5 minute A5 retail units, one of the units is commercial premises drive away. In addition the A66 currently generating an income of

provides easy access to the A1 £6,000 pa. and the other is currently Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James Shipstone House, EPC Rating: motorway. vacant. Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself and for the vendors or TBA lessors of this property, whose agent they are, give notice that: 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given should not be relied on Solicitors The majority of the fixtures and as a statement or representation of fact or that the property or its services are in good condition. Any purchasers or lessees should TBC fittings of these establishments are all satisfy themselves by inspection or otherwise as to the correctness of all the information or suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye Property have not made any investigations into included in the sale price of the units. the existence or otherwise of any issues concerning pollution and potential land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

66 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue1 67 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 13-15 EARLE STREET £150,000 - £175,000+ 30th & 31st January 2017 [email protected] LOT 31 NEWTON-LE-WILLOWS 0115 970 6060 LOT 31 WA12 9LW

Accommodation Newton-Le-Willows Taxi Office 33m2 358ft2 Sports Bar 301m2 3243ft2

Gymnasium ** 344m2 3705ft2

Total 678m2 7306ft2 Approx. Net internal floor area. ** Figures taken from the VOA website

Services We understand the property has connections to mains gas, electricity, water and drainage, although interested parties should make their own enquiries.

Tenure The property is freehold

*Guide Price £150,000 - £175,000 Investment Analysis Viewings The Sports Bar is currently leased until 31/08/2018 for £12,000 Please contact John Pye Property on pa exclusive. The Taxi Office is currently let on an ad hoc basis for 0115 9706060 or [email protected] £4,800 pa. The Gymnasium is leased until 28/02/2021 for £6,000 pa.

VAT In total the property is generating £22,800 pa, This represents a gross We understand that the property is not yield of between 13% and 15.2% based on the guide price. VAT elected. On Behalf Of Joint Fixed Charge Receivers Guide Price* Town Centre Mixed-Use Investment £150,000 - £175,000+ Current Rental Income £22,800 per annum FEATURES Location the rear of the taxi office, occupying the majority of the ground floor space. There ✓ Current Rent £22,800 pa The subject property is located at the junction of Earle Street and Alma Street is air conditioning to the bar, which has ✓ Net yield of between 13% to in the Earlestown District of Newton-Le- part tiled, part carpeted and part wooden 15.2% based on guide price Willows. flooring. Fully tenanted ✓ Newton-le-Willows is a town in The main bar area is a predominantly ✓ Well established bar, taxi office Merseyside, benefiting from good open plan space, having a DJ booth, and gymnasium transport links. There is a mainline a pool table area, bench seating and ✓ Town centre location railway station within walking distance of spotlights. the property and easy access to the M6 To the side and rear of the main bar area ✓ Opposite a large Tesco motorway which lies just 2 miles to the there is a large kitchen / preparation ✓ On street parking outside east and links with the M62 further south. area, good sized cellar and additional ✓ Corner Plot storage areas. The customer toilets are located by the pool table area. ✓ Ground and first floors Description The premises is currently occupied by Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James ✓ Freehold three separate businesses. To the ground The taxi office is divided into 4 sections Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself being a radio control room, a back and for the vendors or lessors of this property, whose agent they are, give notice that: ✓ Excellent transport links floor there is a taxi office and a busy 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance sports bar, trading as Rosie’s Bar. The storage room, kitchen and a customer of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given waiting area. should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any EPC: TBC upper floor is currently a Thai boxing purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or gymnasium. suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye The first floor is currently occupied by Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential Solicitors: DWF Solicitors land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings Rosie’s Bar is located to the right and to Unity Muay Thai Boxing Club. services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price 68 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 69 1 2 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 2-8 MARKET STREET AND £165,000 - £200,000+ 30th & 31st January 2017 [email protected] LOT 32 5 BRIDGE STREET 0115 970 6060 LOT 32 NEWTON-LE-WILLOWS WA12 9AN

Retail Accommodation Newton-Le-Willows Coffee Shop 57m2 614ft2 Tattoo Studio 34m2 366ft2

Home Store 38m2 412ft2

Vacant Unit -- Approx. net internal floor areas Residential Accommodation Seven individual letting rooms

Services We understand the property is connected to mains gas, electricity, water and drainage, although interested parties should make their own enquiries. Tenure The property is freehold *Guide Price £165,000 - £200,000 Investment Analysis Viewings The retail units at ground floor level are currently generating £20,700 pa. This can Please contact John Pye Property on be significantly increased once the larger vacant unit is let. The residential units are 0115 9706060 or currently generating £16,500 pa and can significantly be increased once the remaining [email protected] 3 units are let. Currently the revenue generated is £37,200 pa. It is envisaged that the remaining retail unit can be leased for £7,200 pa and the remaining 3 units within the VAT HMO also be let for £11,700 pa. This would therefore generate an income of £56,100 We understand the property is not opted representing a gross yield of between 28% and 34% based on the guided price. to tax. On Behalf Of Joint Fixed Charge Receivers Guide Price* High Yielding Mixed Use Investment £165,000 - £200,000+ Current Rental Income £37,200 per annum

FEATURES Location All of the rooms which were inspected Current income £37,200 pa The subject property is located at the are of a good size, and have carpeting, ✓ junction of Market Street and Bridge double glazing and a sink unit. ✓ Gross yield of between 18.6% Street in the Earlestown District of to 22.5% based on guide price Newton-Le-Willows. There is a large fully tiled shared kitchen / dining area with spot lighting, a good ✓ Three tenanted retail units Description range of base and eye level units, a ✓ One recently vacant retail unit The property comprises of three retail breakfast bar, two integrated ovens and hobs with extractors over, and a stainless ✓ Seven residential letting rooms units to the ground floor fronting on to Market Street, including a well steel sink and drainer. to the first floor established coffee shop, a tattoo studio, ✓ Prominent high street position and a recently vacated unit, formerly Within the communal areas there is a fully tiled, shared three piece bathroom Strong rental market trading as a textiles shop at 2 Market ✓ Street. The fourth unit fronts on to suite with shower over the bath. There is ✓ Potential to increase rent by Bridge Street, trading as M & J Home also a fully tiled shared shower room at Improvements. the other end of the hallway. maximising occupation. Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself ✓ Freehold All of the units have a double glazed shop A well equipped laundry room offers and for the vendors or lessors of this property, whose agent they are, give notice that: 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance frontage and metal roller shutters. residents adequate washing and drying of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given EPC: TBC facilities. should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or To the first floor there is a large seven suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye bedroom HMO, accessed from Back The upper floor is fitted with emergency Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential Solicitors: DWF Solicitors land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings Bridge Street at ground floor level via an lighting, full smoke alarm system and services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are internal staircase leading to the first floor. metal stairs to form the emergency exit. quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price 70 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 71 1 2 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 55 MARKET STREET £75,000 - £100,000+ 30th & 31st January 2017 [email protected] LOT 33 NEWTON-LE-WILLOWS 0115 970 6060 LOT 33 MERSEYSIDE, WA12 9BH

Accommodation Newton-Le-Willows GF Shop Area 51m2 550ft2 Ground Floor Flat - - First Floor Flat 53m2 571ft2

Approx. net internal floor area - Retail Approx. gross internal floor area - Flat

Services We understand the property has connections to gas, electric, water and drainage, however, interested parties should make their own enquiries.

Tenure The property is long leasehold - 980 years from 29 September 1887.

*Guide Price £75,000 - £100,000 Investment Analysis Viewings The High Street retail premises is currently held on a lease until 31/07/2021. The Please contact John Pye Property on rental income received is £6,760 pa, including electricity but excluding business 0115 9706060 or rates which are payable by the tenant. The ground floor flat is currently let on a [email protected] periodic tenancy and the rent receivable is £5,940 pa inclusive of utilities. The first floor flat is currently let on a periodic tenancy and the rent receivable is £7,200 pa VAT exclusive of utilities. The total income generated is £19,900 pa which represents a We understand the property is not opted gross yield of between 19.9% and 26.5% based on the guide price. to tax. On Behalf Of Joint Fixed Charge Receivers Guide Price* High Yielding Mixed Use Investment £75,000 - £100,000+ Current Rental Income £19,900 per annum

FEATURES Location bedroom self contained flats which have Currently producing £19,900 pa The property is located at the northern private access to the rear. ✓ end of Market Street in the Earlestown ✓ Gross yield of between 19.9% District of Newton-le-Willows. The first floor flat is accessed at ground to 26.5% based on guide price floor level through a small courtyard Within the immediate vicinity there is a within the rear car park. There is an ✓ Established Mobile Phone Shop Wilko, Tesco and Greggs, together with internal staircase to the upper hallway ✓ Shop lease in place until 2021 other national and local independent which leads to the open plan kitchen and lounge area. ✓ 1 x 2 bedroom flat & 1 x 1 retailers, on what is a busy town centre location. bedroom flat to the rear The kitchen has high gloss tiled ✓ Fully tenanted There are excellent transport links to the flooring, tiled splashbacks, integrated area, including a mainline railway station oven, hob and extractor. Beyond the ✓ Pedestrianised section of within walking distance of the property. carpeted lounge and overlooking the Market Street The M6 motorway lies just 2 miles to the pedestrianised street there are two east, which links with the M62 further bedrooms. The fully tiled bathroom has a ✓ Car park to the rear Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James south, providing excellent road links to white three piece suite with shower over Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself ✓ Long leasehold both Liverpool and Manchester. bath and spot lights. and for the vendors or lessors of this property, whose agent they are, give notice that: 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given EPC: TBC The ground floor one bedroom flat has should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any Description purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or The property comprises of a well not been inspected, but is believed to be suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye of a similar specification to the first floor Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential Solicitors: DWF Solicitors established mobile phone / computer land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings repair retail unit and 1 x 1 bedroom, 1 x 2 flat. services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

72 Property Auction January 2017 - Catalogue 1 Property Auction January 2017 - Catalogue 2 73 ADDRESS GUIDE PRICE* ADDRESS GUIDE PRICE* 17 Fourth Avenue £27,500 - £32,500+ 17A Fourth Avenue £30,000 - £35,000+ LOT 34 Liversedge, West Yorkshire ONLINE AUCTION DATES LOT 35 Liversedge, West Yorkshire ONLINE AUCTION DATES WF15 8LA 30th & 31st January 2016 WF15 8LA 30th & 31st January 2016

Liversedge, West Yorkshire Liversedge, West Yorkshire

On Behalf Of Joint Fixed Charge Receivers Guide Price* On Behalf Of Joint Fixed Charge Receivers Guide Price* One Bedroom Ground Floor Flat £27,500 - £32,500+ Two Bedroom First Floor Flat £30,000 - £35,000+ Currently Rented at £4,500 per annum Potential Rent of £4,800 pa

Location be found to the rear of the property. FEATURES Location Access to the property is from the rear. The property is located on the south FEATURES One bedroom The property is located on the south Residents car parking can be found to the ✓ side of Fourth Avenue in the small town Services Two bedroom first floor flat ✓ side of Fourth Avenue in the small town rear of the property. Ground floor flat of Liversedge within the Metropolitan We understand the property is connected ✓ ✓ Entrance to rear of property of Liversedge within the Metropolitan Borough of Kirklees, West Yorkshire. to mains electricity, water and drainage, ✓ Entrance to rear of property Borough of Kirklees, West Yorkshire. Services however, interested parties should make ✓ Potentially high yielding ✓ High yielding investment We understand the property is connected The area is well positioned for the cities their own enquiries. investment The area is well positioned for the cities to mains electricity, water and drainage, ✓ Currently let and towns of Leeds, Bradford, Wakefield Currently vacant and towns of Leeds, Bradford, Wakefield however, interested parties should make and Huddersfield which are all within Tenure ✓ ✓ Achieving £375 pcm (£4,500 and Huddersfield which are all within their own investigations. easy access to the property. The property is long leasehold - see legal ✓ Potential rent of £400 pcm easy access to the property. pa) pack for further information. (£4,800 pa) Tenure ✓ Gross yield of between 13.8% The M62, M621 and the M1 are all within The M62, M621 and the M1 are all within The property is long leasehold - see legal close proximity. The railway stations of Investment Analysis ✓ Previously let at £4,800 pa to 16.36% based on guide price close proximity. The railway stations of pack for further information. Batley and Ravensthorpe are both less The property is currently let for £375 pcm ✓ Potential gross yield - 13.7% to Batley and Ravensthorpe are both less ✓ Good rental location than 5 miles from Liversedge. (£4,500 pa), representing a gross yield of 16% based on guide price. than 5 miles from Liversedge. Investment Analysis We estimate the property will let for £400 ✓ Adjacent to local shops between 13.8% to 16.36% based on the Description guide price. ✓ Good rental location Description pcm (£4,800 pa). Representing a gross Good transport links ✓ A large one bedroom ground floor flat ✓ Adjacent to local shops A good sized two bedroom first floor flat yield of 15%. ✓ Parking to the rear within a two storey, traditionally brick Council Tax within a two storey, traditionally brick built property which has double glazed The property is rated in Council ✓ Parking to the rear built property which has double glazed Council Tax The property is rated in Council EPC Rating: D uPVC windows and a part rendered Tax Band A. Council Tax payable uPVC windows and a part rendered exterior. (2016/2017) is £1,015.26 pa. EPC Rating: D exterior. Tax Band A. Council Tax payable (2016/2017) is £1,015.26 p.a. Solicitors The flat is situated at the end of a parade Please note an internal inspection Solicitors The flat is situated at the end of a parade DWF Solicitors of local shops. Residents car parking can has not been undertaken. DWF Solicitors of local shops. Please note an internal inspection has not been undertaken. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

74 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 75 ADDRESS GUIDE PRICE* ADDRESS GUIDE PRICE* FLAT 14, HOLLAND LODGE £16,500 - £20,000+ The Lock Up, Station Road £5,000 - £10,000+ LOT 36 GRANGE AVENUE, ONLINE AUCTION DATES LOT 37 Thurnscoe, Rotherham PRESTON, PR2 6PG 30th & 31st January 2016 S63 0JR

Preston Thurnscoe, Rotherham

On Behalf Of Joint Fixed Charge Receivers Guide Price* On Behalf Of Joint Fixed Charge Receivers Guide Price* One Bedroom Third Floor Flat £16,500 - £20,000+ Former Salon & Lock Up Shop £5,000 - £10,000+ First Time Buyer Opportunity FEATURES Location Outside, the apartments benefit from on FEATURES Location Services The subject property is located on site car parking, communal bin store and The Property is located in a prominent We understand the property can be One Bedroom Third Floor Flat Lock up shop ✓ Grange Avenue in the suburb of Grange well maintained gardens. ✓ position on Station Road (B6411), next connected to electricity, water and ✓ Currently Vacant which lies 2.5 miles northeast of the City ✓ Former unisex hair dressing salon to the Embankment Children’s Centre drainage, although interested parties Accommodation ✓ Excellent Transport Links of Preston. ✓ Brick built with concrete roof in Thurnscoe, a small village within the should make their own enquiries. metropolitan borough of Barnsley. 2 2 ✓ Close To Amenities There are excellent transport links from Total 42m 452ft ✓ Roller shutter door Accommodation the property with a regular bus service The property benefits from good passing Ground Floor 22.9m2 246ft2 ✓ On Site Car Parking Taken from the EPC register ✓ Good usable space leading to the centre of Preston and the footfall, being just 100m away from Communal Gardens Free parking to rear 2 2 ✓ nearby University of Lancashire. The M6 ✓ Thurnscoe railway station. For road, the Total 22.9m 246ft Services ✓ Long Leasehold motorway running from Birmingham to ✓ Popular residential location A1 (M), M1 and M62 are all within 10 Approx. gross external floor area We understand the property is connected Carlisle is located just 1.5 miles to the miles of the property. ✓ First Time Buyer / Owner to mains electricity, water and drainage, ✓ Excellent transport links north. Tenure however, interested parties should make Occupier Opportunity ✓ Close to train station Nearby local amenities include; an Asda The property is freehold. their own enquiries. Description ✓ Good passing footfall Supermarket, Weldricks Pharmacy and This one bedroom flat is located on a parade of local shops. The towns of Business Rates Tenure the third floor of a purpose built block, Doncaster and Barnsley are both within Please contact Barnsley Borough The property is long leasehold - please EPC Rating: TBC therefore offering good security. Access 10 miles of the property. Council on: 01226 770770. see legal pack for further details. to the apartment is via a communal Solicitors entrance hallway with intercom. Description Viewings EPC Rating: E DWF Solicitors A detached brick built former unisex hair External viewing only. The apartment is expected to require Solicitors salon, with a metal roller shutter security some refurbishment and modernisation door and a concrete pitched roof. Car VAT DWF Solicitors prior to occupation. parking can be found to the rear of the We understand the property is not VAT property. elected.

*Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

76 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 77 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 3 Elleray Mews £399,950+ 30th & 31st January 2017 [email protected] LOT 38 Windermere 0115 970 6060 LOT 38 Cumbria, LA23 1AP

Accommodation Windermere, Cumbria Property not measured Services We understand the property has mains gas, electric, water and drainage.

Tenure Leasehold - 999 year lease from date of issue, see legal pack for further details.

There is a restriction on the property preventing use for commercial holiday letting.

Council Tax The property is rated in Council Tax Band C. Council Tax payable (2016/17) is £1474.48

*Guide Price £399,950+

Terms of Sale Available with 40 working day completion after exchange of contracts.

Please note an inspection of this property has not been undertaken. Three Bedroom Apartment Guide Price* Ideal Holiday Home or Owner £399,950+ Occupier FEATURES Location just a short distance away. First floor apartment The property is located on Elleray ✓ Mews, a private road off the A591 on the Description ✓ Three bedrooms outskirts of Windermere village within the This delightful three bedroom apartment ✓ Spacious accommodation South Lakeland district of Cumbria. within this traditional stone built cottage offers spacious accommodation set over ✓ Open plan kitchen living/ Windermere has a host of amenities the first floor. dining including local shops, pubs, restaurants ✓ Rural countryside views and other leisure facilities. There are With a modern fitted kitchen having great schooling options close by to the a range of eye level and base units, ✓ Delightful gardens and property and there is a private school breakfast bar area and open plan allocated parking located within Elleray Mews. living/dining, offering comfortable Ideal owner occupier or accommodation and exceptional views ✓ There are various transport links and road over the open countryside. holiday home networks close to the property, as well ✓ Close to amenities as frequent bus services. Windermere There are three double bedrooms and a train station is within half a mile of the large family bathroom having four piece ✓ Viewing strongly advised property, providing easy access to the suite in white and decorative tiling to Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James Lake District and direct access to nearby walls and vinyl floor coverings. Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself and for the vendors or lessors of this property, whose agent they are, give notice that: EPC Rating: E cities including Leeds, Manchester and 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance Blackpool. Externally the property enjoys a stepped of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any Solicitors: TBC pathway to the property with gardens to purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or Orrest Head is located immediately the side and rear elevation and allocated suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential behind the property and the Lake District parking for two cars. land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings and Yorkshire Dales National park are services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

78 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue2 79 ADDRESS GUIDE PRICE* ADDRESS GUIDE PRICE* LOT 39 30 NINTH STREET £22,500+ 99 SIXTH STREET £23,500+ PETERLEE ONLINE AUCTION DATES LOT 40 PETERLEE ONLINE AUCTION DATES COUNTY DURHAM, SR8 4LZ 30th & 31st January 2017 COUNTY DURHAM, SR8 4JX 30th & 31st January 2017

Peterlee - County Durham Peterlee - County Durham

Two Bedroom Mid Terrace House - Guide Price* Two Bedroom Mid Terrace House - Guide Price* Ideal Buy To Let Opportunity - 20.2% £22,500+ Ready Made Buy To Let Opportunity - £23,500+ Gross Yield 19.4% Gross Yield FEATURES Location Tenure FEATURES Location Tenure The subject property is located on the We understand the property is freehold ✓ Excellent Location in an Area Excellent location in an area of The subject property is located on the We understand the property is freehold western side of Ninth Street in the village ✓ western side of Sixth Street in the village of High Rental Demand of Hordon, Peterlee which is 13 miles Investment analysis high rental demand of Hordon, Peterlee which is 13 miles Investment analysis ✓ Freehold south of Sunderland and 7.5 miles north We are advised by the vendor that the south of Sunderland and 7.5 miles north We are advised by the vendor that the of the historic town of Hartlepool. property is currently vacant. The property ✓ Freehold Potential gross yield of 20.2% of the historic town of Hartlepool. property is currently let on an AST basis ✓ is estimated to rent for £380 pcm (£4,560 ✓ Current rent £4,560 per annum to DSS tenants for £380 pcm (£4,560 pa) ✓ Excellent rental potential Sunderland and Hartlepool which are pa) this represents a gross yield of 20.26% ✓ Gross Yield of 19.4% Sunderland and Hartlepool which are payable fortnight direct to the owner. both nearby and accessed easily by a ✓ Estimated rent £4,560 per Close proximity to amenities both nearby and accessed easily by a This represents a gross yield of 19.4% regular bus service, offer all the shops and Accommodation ✓ regular bus service, offer all the shops and annum services expected from large towns. The Total 72m2 775ft2 ✓ Good transport links services expected from large towns. The Accommodation ✓ Close proximity to amenities property is also a 1 mile walk from the Approx. gross internal floor area (taken property is also a 1 mile walk from the Total 71m2 764ft2 Durham Heritage Coastline which offers from EPC) ✓ Good Transport Links EPC Rating: D Durham Heritage Coastline which offers Approx. gross internal floor area (taken beautiful scenery. beautiful scenery. from EPC) Council Tax Solicitors EPC Rating: D Description The property is rated in Council TBA Description Council Tax This two bedroom terraced property is Tax Band A . Council Tax payable This two bedroom terraced property is The property is rated in Council Solicitors entered from street level directly into (2016/2017) is £907.42. entered from street level directly into Tax Band A . Council Tax payable TBA the front lounge. This in turn leads to the the front lounge. This in turn leads to the (2016/2017) is £907.42. dining room / kitchen. Stairs lead to the dining room / kitchen. Stairs lead to the first floor which accommodates two good first floor which accommodates two good sized bedrooms and a family bathroom. sized bedrooms and a family bathroom.

*Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price 80 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 81 ADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 84-86 Peveril Street £340,000+ 30th & 31st January 2017 [email protected] LOT 41 Nottingham 0115 970 6060 LOT 41 NG7 4AH

Accommodation Nottingham Not measured Services We understand the property is connected mains electricity, water and drainage.

Tenure Freehold

Council Tax 84A - C Each flat rated in Council Tax Band A 86: Council Tax Band B

EPC Rating - See legal pack

*Guide Price £340,000

Investment Analysis The property is let on short term tenancies to UK and Overseas tenants. Between October 2016 and end of January 2017, both 84A - 84C & 86 Peveril Street are fully let. The income generated from 84 Peveril Street during this period will be £3,405 pcm and for 86 Peveril Street during the same period will be £750 pcm. The combined annual rental income for 84A - 84C & 86 Peveril Street, if fully occupied over a 12 month period, based on a rental income of £3,405 pcm and £750 pcm respectively, will be £49,860 pa. Assuming a one month void period on average per bed over a 12 month period this will provide an annual income of Guide Price* Residential Student Investment £45,705. £340,000+ £54,180 pa - Potential Gross Income A separate schedule has been prepared showing the current contractual and projected income between September 2016 and August 2017. The estimated annual income over this period is £43,172.50, reflecting a gross yield of 12.69%. A FEATURES Location Description new tenant will be moving into 84A Peveril Street between 11 February 2017 and The development is situated in an ideal 84 & 86 Peveril Street are two substantial 2 x 2 Bedroom units 9 June 2017, paying a rent of £390 per calendar month. ✓ location favoured by students and young terrace properties which have been ✓ 1 x 3 Bedroom unit professionals due to its proximity to the converted to provide spacious residential The property is fully occupied so there will be no council tax payable by the ✓ 1 x 4 Bedroom unit City Centre retail and leisure amenities, apartments. the surrounding businesses and education purchaser. The tenancies are all inclusive of bills which are estimated to be ✓ HMO licenses in place facilities. The flats are orientated over the ground between £7-10 per week. Assuming an annual rent of £45,705 and a net annual ✓ 11.82% net yield based on current and first floors of the building, and rent of £40,205 after accounting for bills (£5,500 pa) and voids, this reflects a net yield based before purchasers costs of 11.82%. income Nottingham boasts two of the most comprise spacious living/dining rooms, popular universities in the UK, with generous fully fitted kitchens, good size Approximately £36,000 per bed ✓ a third of students remaining in this double bedrooms and modern white 84B Peveril Street has previously been let as 4 bedrooms. The annual income of ✓ Beds let at £360 - £390 pcm vibrant City after graduation. Nottingham sanitary wear bathrooms. £49,860, which assumes the property is fully let over a 12 month period at £3,405 University is part of the Russell Premier ✓ Potential to increase income pcm for 84A - 84C and £750 pcm for 86 Peveril Street, therefore has the potential Group. Currently, both 84 and 86 Peveril Street to increase to £54,180 if 84B is let as 4 bedrooms. ✓ 84b previously let as four beds at are let out as 11 bedrooms, within £360 pcm each Peveril Street is less than one mile to four flats. However, there will be an the north of Nottingham city centre, opportunity for the purchaser to let an Proven record of full occupancy ✓ immediately to the east of the A610. additional room within 84B Peveril Street, Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself ✓ Let to UK & overseas students which has been done previously. and for the vendors or lessors of this property, whose agent they are, give notice that: 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance ✓ Good sized double bedrooms of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any ✓ Fully fitted kitchens purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye ✓ Spacious living / dining Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

82 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue2 83 ADDRESS GUIDE PRICE* ADDRESS GUIDE PRICE* Land Off Magellan Way £12,500+ Land at Lonsdale Road/ Cottesmore £1,500+ LOT 42 Spalding, South Lincolnshire ONLINE AUCTION DATES LOT 43 Road, Stamford ONLINE AUCTION DATES PE11 2FG 30th & 31st January 2016 PE9 2SG 30th & 31st January 2016

Spalding, South Lincolnshire Stamford

Land With Pedestrian Access Guide Price* Three Individual Plots Of Land Guide Price* 3.86 Acres (1.563 Hectares) £12,500+ Approximately 0.31 Acres (0.1254 Ha) £1,500+ All Under One Title FEATURES Location Description FEATURES Location Plot three is located towards the top end Land approx. 3.86 acres The subject land is located just off A large site etched in red on the above Three parcels of land The land is located within a popular of Cottesmore Road on the right hand ✓ Magellan Way and St. Thomas Road, plan extending to approximately 3.86 ✓ residential area on the outskirts of side. ✓ Various gated pedestrian and also runs parallel with Piccard Drive, acres (1.563 Hectares) of open public ✓ One title Stamford town centre. Stamford is a town south of Spalding town centre. space, having two pond’s, three public on the River Welland in Lincolnshire Description This is a print of theaccesses view of the title plan obtained from Land Registry showing the state of the title plan on 06 January 2017 at 09:34:39. This title plan shows the ✓ Popular residential location general position, not the exact line, of the boundaries. It may be subject to distortions in scale. Measurementsaccess points scaled and from a pedestrianised this plan may foot not match measurements situated between the larger cities of The site is made up of three parcels of between the same pointsPart woodland on the ground. Mainly laid to lawn with trees This title is dealt✓ with by Land Registry, Kingston upon HullSpalding Office. is a small market town on the path running the length of the site. ✓ Grantham and Peterborough. land all within a close proximity to one ✓ Two pond’s River Welland in the south Holland ✓ Area total 0.31 Acres another. Potential for alternative uses district of Lincolnshire. Tenure 0.1254 Hectares (approx) Located just off the A1 Motorway ✓ The site is freehold ✓ Stamford is a popular destination for Plot one sits on a corner position subject to planning The land is conveniently situated ✓ Cul de sac location commuting families. Stamford railway measuring approximately 697 m2 and is ✓ Land within South Holland within this popular residential location. *Guide Price ✓ On the outskirts of Stamford station is located just 1.5 miles east of the laid to lawn with a number of small trees. Spalding offers a wealth of amenities, £12,500 site. district council including shops, supermarkets, pubs and town centre Plot two is located on Exton Close, ✓ Freehold restaurants. Council & Planning ✓ Close to amenities This lot includes three parcels of land measuring approximately 432 m2 and is ✓ Three pedestrian access points If planning permission can be granted within the same title and are all located laid to lawn with a number of small trees. There are numerous transport options for residential development the land will EPC Rating: N/A within walking distance. ✓ Access from Magellan Way and within the area including Spalding railway have a substantial uplift in value. Plot three is laid to lawn with a number St. Thomas’s Road station which is located within 0.5 miles Solicitors Plot one is located at the junction with of small trees. Measuring approximately from the site. All enquiries regarding planning and Lonsdale Road and Hambleton Road. 149 m2. TBC ✓ Public footpath within the title use of the land should be made to South Peterborough City Centre is located Holland District Council on 01775 Plot two is located just off Lonsdale Road Tenure Solicitors within 20 miles south of Spalding where a 761161. on the west side of Exton Close. We believe the land to be freehold. TBC wider range of services and facilities are available.

*Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

84 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 85 ADDRESSADDRESS GUIDE PRICE* ONLINE AUCTION DATES VIEWING DETAILS 2 VICTORIA AVENUE £125,000+ 30th & 31st January 2017 [email protected] LOT 44 SNEINTON 0115 970 6060 LOT 44 NOTTINGHAM, NG2 4HD

Services We understand the property has the Nottingham benefit of mains gas, electricity, water and drainage.

Tenure The property is freehold.

Investment Analysis The property is currently let to DSS tenants for £90.90 per room per week. This is paid directly to the landlord from the benefits office.

Each tenant is responsible for thier own utilities. The gross rent receivable by the current landlord is £23,634. This represents a gross yield if 18.9%.

It is felt that the property should be updated somewhat. There will be potential to increase the rental income for the flats and add captial value by undertaking some refurbishment and modernisation works.

Council Tax The flats are rated in Council Tax Band A. Council Tax payable (2016/2017) is £1180.72 - This is payable by the tenants.

*Guide Price Five Bedroom Licenced HMO Guide Price* £125,000 Excellent Investment Opportunity £125,000+ Gross Yield 19.9% FEATURES Location Description Five Bedroom Licenced HMO The subject property is located at the The property is entered via the front door ✓ junction of Victoria Avenue and Sneinton into the main communal hallway. Within ✓ All Having Own Kitchenette & Dale in the Sneinton District of the City of the hallway there is a hard wired fire Washroom Facilities Notttingham. alarm system and emergency lighting. ✓ Currently Fully Let On Nottingham City Centre is located only 1 The ground floor has 2 self contained Periodic and AST Contracts mile away, and is 20 minutes on foot. A flats. Flat 2 has the benefit of being fully Current Income £23,634 pa regular bus service is also available. self contained having its own walk in ✓ shower room and back door to the small representing a gross yield of Nottingham has a wide range of amenities courtyard garden. To the first floor there 18.9% expected from a large city including a is another self contained unit. This has large range of independant, local, national its own allocated shower room off the ✓ Recent uPVC Glazing and international retailers. Various sports hallway. There is a family bathroom ✓ Excellent Transport Links and leisure facilities in addition to a allocated for flat 1. ✓ Close to The City Centre wealth of healthcare centres. The top floor has 2 further fully self ✓ Freehold In the immediate vicinity there are ample contained flats with shower rooms off the Disclaimer: John Pye Property is the trading name of John Pye & Sons Ltd whose registered office address is James amenities for day to day living including upper hallway. Shipstone House, Radford Road, Nottingham, NG7 7EA (registered company number 02564753). John Pye Property for itself and for the vendors or lessors of this property, whose agent they are, give notice that: EPC Rating: N/A several bars, shops and restaurants. 1. The particulars have been prepared and issued in good faith and are set out as a general outline only for the guidance To the front of the property there is of intending purchasers and lessees and do not constitute part of an offer, contract or warranty. 2. Any information given should not be relied on as a statement or representation of fact or that the property or its services are in good condition. Any Solicitors There is a mainline train station less than unrestricted resident parking. To the rear purchasers or lessees should satisfy themselves by inspection or otherwise as to the correctness of all the information or a mile away providing access to the rest of the property there is a small courtyard suitability of the property. 3. Any areas, measurements, floor plans or distances given are approximate only. 4. John Pye TBA Property have not made any investigations into the existence or otherwise of any issues concerning pollution and potential of the UK. and private access to flat 2. land, air or water contamination. It is the responsibility of the purchaser to make its own enquiries. 5. None of the buildings services or service installations have been tested and are not warranted to be in working order. 6. All prices and rentals are quoted exclusive of VAT. 7. Copyright in these particulars vests in John Pye Property. 8. Neither John Pye Property nor any or their employees has any authority to make or give representation or warranty whatsoever in relation to the property. *Guide Price: Each property is subject to a Reserve Price which may be different from the Guide Price

86 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue2 87 COMMON AUCTION Reproduced with CONDITIONS the consent of the RICS (Edition 3 August 2009)

COMMON AUCTION Glossary Auctioneers This glossary applies to the auction conduct The auctioneers at the auction. CONDITIONS conditions and the sale conditions. Introduction Wherever it makes sense: Business day The Common Auction Conditions have been • singular words can be read as plurals, and Any day except (a) a Saturday or a Sunday; produced for real estate auctions in England plurals as singular words; (b) a bank holiday in England and Wales; or and Wales to set a common standard across • a “person” includes a corporate body; words (c) Good Friday or Christmas Day. the industry. They are in three sections: of one gender include the other genders; references to legislation are to that legislation Buyer Glossary as it may have been modified or re-enacted by the date of the auction or the contract The person who agrees to buy the lot The glossary gives special meanings to certain date (as applicable); and or, if applicable, that person’s personal words used in both sets of conditions. • where the following words printed in bold representatives: if two or more are jointly black type appear in bold blue type they have the buyer their obligations can be enforced Auction Conduct Conditions the specified meanings. against them jointly or against each of them The Auction Conduct Conditions govern separately. the relationship between the auctioneer and Actual completion date anyone who has a catalogue, or who attends Catalogue The date when completion takes place or is or bids at the auction. They cannot be changed The catalogue to which the conditions refer without the auctioneer’s agreement. treated as taking place for the purposes of apportionment and calculating interest. including any supplement to it. We recommend that these conditions are set out in a two-part notice to bidders in the auction catalogue, part one containing Addendum An amendment or addition Completion advisory material – which auctioneers can to the conditions or to the particulars or to Unless otherwise agreed between seller and tailor to their needs – and part two the auction both whether contained in a supplement buyer (or their conveyancers) the occasion conduct conditions. to the catalogue, a written notice from the when both seller and buyer have complied auctioneers or an oral announcement at the with their obligations under the contract and auction. the balance of the price is unconditionally Sale Conditions received in the seller’s conveyancer’s client The Sale Conditions govern the agreement account. between each seller and buyer. They include Agreed completion date general conditions of sale and template forms Subject to condition G9.3: Condition of special conditions of sale, tenancy and (a) the date specified in the special conditions; arrears schedules and a sale memorandum. or One of the auction conduct conditions or sales (b) if no date is specified, 20 business days conditions. after the contract date; but if that date is Important Notice not a business day the first subsequent Contract business day. The contract by which the seller agrees to sell A prudent buyer will, before bidding for a lot at and the buyer agrees to buy the lot. an auction: Approved financial institution • Take professional advice from a conveyancer and, in appropriate cases, a chartered Any bank or building society that has signed Contract date surveyor and an accountant; up to the Banking Code or Business Banking The date of the auction or, if the lot is not sold Code or is otherwise acceptable to the • Read the conditions; at the auction: auctioneers. • Inspect the lot; (a) the date of the sale memorandum signed by both the seller and buyer; or • Carry out usual searches and make usual enquiries; Arrears (b) if contracts are exchanged, the date of exchange. If exchange is not effected in • Check the content of all available leases and Arrears of rent and other sums due under the person or by an irrevocable agreement other documents relating to the lot; tenancies and still outstanding on the actual completion date. to exchange made by telephone, fax or • Check that what is said about the lot in the electronic mail the date of exchange is the catalogue is accurate; date on which both parts have been signed Arrears schedule • Have finance available for the deposit and and posted or otherwise placed beyond purchase price; The arrears schedule (if any) forming part of normal retrieval. • Check whether VAT registration and election the special conditions. is advisable; Documents Auction Documents of title (including, if title is The conditions assume that the The auction advertised in the catalogue. registered, the entries on the register and buyer has acted like a prudent buyer. the title plan) and other documents listed or If you choose to buy a lot without Auction conduct conditions referred to in the special conditions relating to taking these normal precautions you The conditions so headed, including any extra the lot. do so at your own risk. auction conduct conditions. Financial charge A charge to secure a loan or other financial indebtness (not including a rentcharge).

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88 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 89 COMMON AUCTION Reproduced with COMMON AUCTION Reproduced with CONDITIONS the consent of the RICS CONDITIONS the consent of the RICS (Edition 3 August 2009) (Edition 3 August 2009)

General conditions Tenancies A2.3 We may cancel the auction, or alter the That part of the sale conditions so headed, Tenancies, leases, licences to occupy and order in which lots are offered for sale. We may also combine or divide lots. A including any extra general conditions. agreements for lease and any documents A5 The contract trade fixtures or fittings. varying or supplemental to them. lot may be sold or withdrawn from sale General conditions of sale prior to the auction. A5.1 A successful bid is one we accept as such G1.8 Where chattels are included in the lot Interest rate A2.4 You acknowledge that to the extent (normally on the fall of the hammer). the buyer takes them as they are at If not specified in the special conditions, Tenancy schedule This condition A5 applies to you if you Words in bold red type have special completion and the seller is not liable permitted by law we owe you no duty of meanings, which are defined in the 4% above the base rate from time to time of The tenancy schedule (if any) forming part of care and you have no claim against us make the successful bid for a lot. if they are not fit for use. Barclays Bank plc. (The interest rate will also the special conditions. for any loss. A5.2 You are obliged to buy the lot on the Glossary. G1.9 The buyer buys with full knowledge of: apply to judgment debts, if applicable.) terms of the sale memorandum at the (a) the documents, whether or not the price you bid plus VAT (if applicable). The general conditions (including any extra Transfer A3 Bidding and reserve prices buyer has read them; and Lot A5.3 You must before leaving the auction general conditions) apply to the contract (b) the physical condition of the lot and Transfer includes a conveyance or assignment A3.1 All bids are to be made in pounds : except to the extent that they are varied by what could reasonably be discovered on Each separate property described in the (and “to transfer” includes “to convey” or “to sterling exclusive of any applicable VAT. (a) provide all information we reasonably catalogue or (as the case may be) the property assign”). need from you to enable us to complete special conditions or by an addendum. inspection of it, whether or not the buyer A3.2 We may refuse to accept a bid. We do that the seller has agreed to sell and the buyer the sale memorandum (including proof of has inspected it. not have to explain why. to buy (including chattels, if any). your identity if required by us); G1. The lot TUPE A3.3 If there is a dispute over bidding we are (b) sign the completed sale G1.1 The lot (including any rights to be granted G1.10 The buyer is not to rely on the The Transfer of Undertakings (Protection of entitled to resolve it, and our decision is memorandum; and or reserved, and any exclusions from it) information contained in the Old arrears Employment) Regulations 2006. final. (c) pay the deposit. is described in the special conditions, or particulars but may rely on the seller’s Arrears due under any of the tenancies that A3.4 Unless stated otherwise each lot is if not so described the lot is that referred conveyancer’s written replies to are not “new tenancies” as defined by the subject to a reserve price (which may A5.4 If you do not we may either: VAT to in the sale memorandum. preliminary enquiries to the extent Landlord and Tenant (Covenants) be fixed just before the lot is offered for (a) as agent for the seller treat that failure Value Added Tax or other tax of a similar G1.2 The lot is sold subject to any tenancies stated in those replies. Act 1995. sale). If no bid equals or exceeds that as your repudiation of the contract and nature. disclosed by the special conditions, but reserve price the lot will be withdrawn offer the lot for sale again: the seller may otherwise with vacant possession on from the auction. then have a claim against you for breach G2. Deposit Particulars completion. VAT option A3.5 Where there is a reserve price the seller of contract; or G2.1 The amount of the deposit is the greater The section of the catalogue that contains G1.3 The lot is sold subject to all matters An option to tax. may bid (or ask us or another agent (b) sign the sale memorandum on your of: descriptions of each lot (as varied by any contained or referred to in the to bid on the seller’s behalf) up to the behalf. (a) any minimum deposit stated in the addendum). documents, but excluding any financial reserve price but may not make a bid A5.5 The deposit: auction conduct conditions (or the total We (and us and our) charges: these the seller must discharge equal to or exceeding the reserve price. (a) is to be held as stakeholder where price, if this is less than that minimum); The auctioneers. on or before completion. Practitioner You accept that it is possible that all bids VAT would be chargeable on the deposit and G1.4 The lot is also sold subject to such of the An insolvency practitioner for the purposes up to the reserve price are bids made by were it to be held as agent for the seller, (b) 10% of the price (exclusive of any You (and your) following as may affect it, whether they of the Insolvency Act 1986 (or, in relation to or on behalf of the seller. but otherwise is to be held as stated in VAT on the price). Someone who has a copy of the catalogue or arise before or after the contract date jurisdictions outside the United Kingdom, any A3.6 Where a guide price (or range of prices) the sale conditions; and G2.2 The deposit who attends or bids at the auction, whether or and whether or not they are disclosed by similar official). is given that guide is the minimum price not a buyer. (b) must be paid in pounds sterling the seller or are apparent from inspection (a) must be paid in pounds sterling by at which, or range of prices within which, by cheque or by bankers’ draft made of the lot or from the documents: cheque or banker’s draft drawn on an Price the seller might be prepared to sell at the payable to us on an approved financial approved financial institution (or by (a) matters registered or capable of date of the guide price. But guide prices institution. The extra auction conduct any other means of payment that the The price that the buyer agrees to pay for the Auction conduct conditions registration as local land charges; lot. may change. The last published guide conditions may state if we accept any auctioneers may accept); and A1 Introduction (b) matters registered or capable of price will normally be at or above any other form of payment. (b) is to be held as stakeholder unless the A1.1 Words in bold red type have special reserve price, but not always – as the registration by any competent authority A5.6 We may retain the sale memorandum auction conduct conditions provide that Ready to complete meanings, which are defined in the seller may fix the final reserve price just or under the provisions of any statute; signed by or on behalf of the seller until it is to be held as agent for the seller. Ready, willing and able to complete: if Glossary. before bidding commences. (c) notices, orders, demands, proposals the deposit has been received in cleared G2.3 Where the auctioneers hold the deposit completion would enable the seller to A1.2 The catalogue is issued only on the basis and requirements of any competent funds. as stakeholder they are authorised discharge all financial charges secured on the that you accept these auction conduct authority; lot that have to be discharged by completion, conditions. They govern our relationship A4 The particulars and other A5.7 If the buyer does not comply with its to release it (and interest on it if information obligations under the contract then: (d) charges, notices, orders, restrictions, applicable) to the seller on completion then those outstanding financial charges do with you and cannot be disapplied or agreements and other matters relating to (a) you are personally liable to buy the or, if completion does not take place, to not prevent the seller from being ready to varied by the sale conditions (even A4.1 We have taken reasonable care to town and country planning, highways or lot even if you are acting as an agent; the person entitled to it under the sale complete. by a condition purporting to replace prepare particulars that correctly public health; the whole of the Common Auction describe each lot. The particulars are and conditions. (e) rights, easements, quasi-easements, Conditions). They can be varied only if based on information supplied by or on (b) you must indemnify the seller in G2.4 If a cheque for all or part of the deposit Sale conditions and wayleaves; we agree. behalf of the seller. You need to check respect of any loss the seller incurs as a is not cleared on first presentation the The general conditions as varied by any that the information in the particulars is result of the buyer’s default. (f) outgoings and other liabilities; seller may treat the contract as at an end special conditions or addendum. (g) any interest which overrides, within and bring a claim against the buyer for A2 Our role correct. A4.2 If the special conditions do not contain the meaning of the Land Registration Act breach of contract. A2.1 As agents for each seller we have A5.8 Where the buyer is a company you Sale memorandum a description of the lot, or simply refer 2002; G2.5 Interest earned on the deposit belongs authority to: warrant that the buyer is properly The form so headed (whether or not set out to the relevant lot number, you take the (h) matters that ought to be disclosed to the seller unless the sale conditions (a) prepare the catalogue from constituted and able to buy the lot. in the catalogue) in which the terms of the risk that the description contained in the by the searches and enquiries a prudent provide otherwise. information supplied by or on behalf of contract for the sale of the lot are recorded. particulars is incomplete or inaccurate, buyer would make, whether or not the each seller; A6 Extra Auction Conduct buyer has made them; and as the particulars have not been prepared G3. Between contract and completion (b) offer each lot for sale; Conditions (i) anything the seller does not and could Seller by a conveyancer and are not intended G3.1 Unless the special conditions state (c) sell each lot; to form part of a legal contract. A6.1 Despite any special condition to the not reasonably know about. The person selling the lot. If two or more otherwise, the seller is to insure the lot (d) receive and hold deposits; A4.3 The particulars and the sale conditions contrary the minimum deposit we accept G1.5 Where anything subject to which the lot are jointly the seller their obligations can be from and including the contract date to (e) sign each sale memorandum; and may change prior to the auction and it is £250 (or the total price, if less). A is sold would expose the seller to liability enforced against them jointly or against each completion and: is your responsibility to check that you special condition may, however, require the buyer is to comply with it and of them separately. (f) treat a contract as repudiated if the (a) produce to the buyer on request all a higher minimum deposit. indemnify the seller against that liability. buyer fails to sign a sale memorandum have the correct versions. relevant insurance details; G1.6 The seller must notify the buyer of any or pay a deposit as required by these A4.4 If we provide information, or a copy (b) pay the premiums when due; Special conditions auction conduct conditions. of a document, provided by others we notices, orders, demands, proposals and (c) if the buyer so requests, and pays Those of the sale conditions so headed that do so only on the basis that we are not requirements of any competent authority A2.2 Our decision on the conduct of the any additional premium, use reasonable relate to the lot. responsible for the accuracy of that of which it learns after the contract date auction is final. endeavours to increase the sum insured information or document. but the buyer must comply with them or make other changes to the policy; and keep the seller indemnified. (d) at the request of the buyer use G1.7 The lot does not include any tenant’s or reasonable endeavours to have the

90 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 91 COMMON AUCTION Reproduced with COMMON AUCTION Reproduced with CONDITIONS the consent of the RICS CONDITIONS the consent of the RICS (Edition 3 August 2009) (Edition 3 August 2009)

buyer’s interest noted on the policy if it does has been paid; and G5.3 The seller cannot be required to transfer If the contract is lawfully brought to an buyer at any time up to completion course of management but need not not cover a contracting purchaser; (iv) a letter under which the seller or its the lot to anyone other than the buyer, or end: requiring apportionment on the date take legal proceedings or forfeit the (e) unless otherwise agreed, cancel the conveyancer agrees to use all reasonable by more than one transfer. (a) the buyer must return all papers to the from which interest becomes payable tenancy; insurance at completion, apply for a endeavours to answer any requisitions seller and appoints the seller its agent to by the buyer; in which event income (b) pay them to the seller within five refund of premium and (subject to the raised by the land registry and to instruct G6. Completion cancel any registration of the contract; and outgoings are to be apportioned on business days of receipt in cleared rights of any tenant or other third party) the land registry to send the completed and the date from which interest becomes funds (plus interest at the interest rate G6.1 Completion is to take place at the offices pay that refund to the buyer; and registration documents to the buyer. payable by the buyer. calculated on a daily basis for each of the seller’s conveyancer, or where (b) the seller must return the deposit and G10.4 Apportionments are to be calculated on subsequent day’s delay in payment); (f) (subject to the rights of any tenant (e) The buyer has no right to object the seller may reasonably require, on any interest on it to the buyer (and the the basis that: or other third party) hold on trust for to or make requisitions on any title the agreed completion date. The seller buyer may claim it from the stakeholder, (c) on request, at the cost of the seller, the buyer any insurance payments that information more than seven business can only be required to complete on a if applicable) unless the seller is entitled (a) the seller receives income and is assign to the seller or as the seller may the seller receives in respect of loss or days after that information has been business day and between the hours of to forfeit the deposit under condition liable for outgoings for the whole of the direct the right to demand and sue for damage arising after the contract date given to the buyer. 0930 and 1700. G7.3. day on which apportionment is to be old arrears, such assignment to be in or assign to the buyer the benefit of any made; such form as the seller’s conveyancer G4.3 Unless otherwise stated in the special G6.2 The amount payable on completion claim; and the buyer must on completion may reasonably require; conditions the seller sells with full title is the balance of the price adjusted to G9. Landlord’s licence (b) annual income and expenditure reimburse to the seller the cost of that guarantee except that (and the transfer accrues at an equal daily rate assuming (d) if reasonably required, allow the take account of apportionments plus (if G9.1 Where the lot is or includes leasehold insurance (to the extent not already paid shall so provide): 365 days in a year, and income and seller’s conveyancer to have on loan applicable) VAT and interest. land and licence to assign is required this by the buyer or a tenant or other third expenditure relating to some other the counterpart of any tenancy against (a) the covenant set out in section 3 G6.3 Payment is to be made in pounds sterling condition G9 applies. party) for the period from and including of the Law of Property (Miscellaneous period accrues at an equal daily rate an undertaking to hold it to the buyer’s and only by: G9.2 The contract is conditional on that the contract date to completion. Provisions) Act 1994 shall not extend during the period to which it relates; order; (a) direct transfer to the seller’s licence being obtained, by way of formal G3.2 No damage to or destruction of the lot to matters recorded in registers open to and (e) not without the consent of the conveyancer’s client account; and licence if that is what the landlord nor any deterioration in its condition, public inspection; these are to be treated (c) where the amount to be apportioned seller release any tenant or surety (b) the release of any deposit held by a lawfully requires. however caused, entitles the buyer as within the actual knowledge of the is not known at completion from liability to pay arrears or accept stakeholder. G9.3 The agreed completion date is not to be to any reduction in price, or to delay buyer; and apportionment is to be made by a surrender of or forfeit any tenancy G6.4 Unless the seller and the buyer otherwise earlier than the date five business days completion, or to refuse to complete. (b) the covenant set out in section 4 reference to a reasonable estimate under which arrears are due; and agree, completion cannot take place until after the seller has given notice to the G3.3 Section 47 of the Law of Property Act of the Law of Property (Miscellaneous and further payment is to be made by (f) if the buyer disposes of the lot both have complied with their obligations buyer that licence has been obtained. 1925 does not apply. Provisions) Act 1994 shall not extend seller or buyer as appropriate within prior to recovery of all arrears obtain under the contract and the balance of the G9.4 The seller must: (a) use all reasonable G3.4 Unless the buyer is already lawfully in to any condition or tenant’s obligation five business days of the date when the from the buyer’s successor in title price is unconditionally received in the endeavours to obtain the licence at the occupation of the lot the buyer has no relating to the state or condition of the amount is known. a covenant in favour of the seller in seller’s conveyancer’s client account. seller’s expense; and (b) enter into any right to enter into occupation prior to lot where the lot is leasehold property. similar form to part 3 of this condition G6.5 If completion takes place after 1400 authorised guarantee agreement properly completion. G11. Arrears G11. hours for a reason other than the required. G4.4 The transfer is to have effect as if G11.9 Where the seller has the right to seller’s default it is to be treated, for G9.5 The buyer must: Part 1 Current rent G4. Title and identity expressly subject to all matters subject to recover arrears it must not without the purposes of apportionment and (a) promptly provide references and other G11.1 “Current rent” means, in respect of which the lot is sold under the contract. the buyer’s written consent bring G4.1 Unless condition G4.2 applies, the buyer calculating interest, as if it had taken each of the tenancies subject to which relevant information; and insolvency proceedings against a accepts the title of the seller to the lot G4.5 The seller does not have to produce, the lot is sold, the instalment of rent place on the next business day. (b) comply with the landlord’s lawful tenant or seek the removal of goods as at the contract date and may raise no nor may the buyer object to or make a and other sums payable by the tenant G6.6 Where applicable the contract remains in requirements. from the lot. requisition or objection except in relation requisition in relation to, any prior or in advance on the most recent rent force following completion. G9.6 If within three months of the contract to any matter that occurs after the superior title even if it is referred to in payment date on or within four months date (or such longer period as the seller contract date. the documents. preceding completion. G12. Management and buyer agree) the licence has not G4.2 If any of the documents is not made G4.6 The seller (and, if relevant, the buyer) G7. Notice to complete G12.1 This condition G12 applies where the been obtained the seller or the buyer may G11.2 If on completion there are any arrears available before the auction the following must produce to each other such G7.1 The seller or the buyer may on or after lot is sold subject to tenancies. (if not then in breach of any obligation of current rent the buyer must pay provisions apply: confirmation of, or evidence of, their the agreed completion date but before under this condition G9) by notice to them, whether or not details of G12.2 The seller is to manage the lot identity and that of their mortgagees completion give the other notice to (a) The buyer may raise no requisition on the other terminate the contract at any those arrears are given in the special in accordance with its standard and attorneys (if any) as is necessary complete within ten business days or objection to any of the documents that time before licence is obtained. That conditions. management policies pending for the other to be able to comply with (excluding the date on which the notice is made available before the auction. termination is without prejudice to the G11.3 Parts 2 and 3 of this condition G11 do completion. applicable Land Registry Rules when is given) making time of the essence. (b) If the lot is registered land the seller is claims of either seller or buyer for breach not apply to arrears of current rent. G12.3 The seller must consult the buyer on making application for registration of G7.2 The person giving the notice must be to give to the buyer within five business of this condition G9. all management issues that would the transaction to which the conditions days of the contract date an official copy ready to complete. affect the buyer after completion (such apply. Part 2 Buyer to pay for arrears of the entries on the register and title G7.3 If the buyer fails to comply with a notice as, but not limited to, an application plan and, where noted on the register, of to complete the seller may, without G10. Interest and apportionments G11.4 Part 2 of this condition G11 applies for licence; a rent review; a variation, all documents subject to which the lot is G5. Transfer affecting any other remedy the seller has: G10.1 If the actual completion date is after the where the special conditions give surrender, agreement to surrender or agreed completion date for any reason details of arrears. being sold. G5.1 Unless a form of transfer is prescribed by (a) terminate the contract; proposed forfeiture of a tenancy; or a other than the seller’s default the buyer (c) If the lot is not registered land the the special conditions: (b) claim the deposit and any interest on G11.5 The buyer is on completion to pay, new tenancy or agreement to grant a must pay interest at the interest rate on in addition to any other money then seller is to give to the buyer within five (a) the buyer must supply a draft transfer it if held by a stakeholder; new tenancy) and: the price (less any deposit paid) from due, an amount equal to all arrears of business days an abstract or epitome to the seller at least ten business days (c) forfeit the deposit and any interest on (a) the seller must comply with the the agreed completion date up to and which details are set out in the special of title starting from the root of title before the agreed completion date and it; buyer’s reasonable requirements unless including the actual completion date. conditions. mentioned in the special conditions the engrossment (signed as a deed by (d) resell the lot; and to do so would (but for the indemnity G10.2 Subject to condition G11 the seller is (or, if none is mentioned, a good root the buyer if condition G5.2 applies) five G11.6 If those arrears are not old arrears the in paragraph (c)) expose the seller to (e) claim damages from the buyer. not obliged to apportion or account for of title more than fifteen years old) and business days before that date or (if later) seller is to assign to the buyer all rights a liability that the seller would not any sum at completion unless the seller must produce to the buyer the original two business days after the draft has that the seller has to recover those otherwise have, in which case the seller G7.4 If the seller fails to comply with a notice has received that sum in cleared funds. or an examined copy of every relevant been approved by the seller; and arrears. may act reasonably in such a way as to to complete the buyer may, without The seller must pay to the buyer after document. (b) the seller must approve or revise the avoid that liability; affecting any other remedy the buyer completion any sum to which the buyer (d) If title is in the course of registration, draft transfer within five business days of Part 3 Buyer not to pay for arrears (b) if the seller gives the buyer notice of has: is entitled that the seller subsequently title is to consist of certified copies of: receiving it from the buyer. G11.7 Part 3 of this condition G11 applies the seller’s intended act and the buyer (a) terminate the contract; and receives in cleared funds. (i) the application for registration of title where the special conditions: does not object within five business (b) recover the deposit and any interest G10.3 Income and outgoings are to be days giving reasons for the objection made to the land registry; G5.2 If the seller remains liable in any respect (a) so state; or on it from the seller or, if applicable, a apportioned at actual completion date the seller may act as the seller intends; (ii) the documents accompanying that in relation to the lot (or a tenancy) (b) give no details of any arrears. stakeholder. unless: and application; following completion the buyer is (a) the buyer is liable to pay interest; G11.8 While any arrears due to the seller (iii) evidence that all applicable stamp specifically to covenant in the transfer to G8. If the contract is brought (c) the buyer is to indemnify the seller and remain unpaid the buyer must: duty land tax relating to that application indemnify the seller against that liability. to an end against all loss or liability the seller (b) the seller has given notice to the (a) try to collect them in the ordinary incurs through acting as the buyer

92 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 93 COMMON AUCTION Reproduced with COMMON AUCTION Reproduced with CONDITIONS the consent of the RICS CONDITIONS the consent of the RICS (Edition 3 August 2009) (Edition 3 August 2009)

requires, or by reason of delay caused by the the lot and will not revoke it before or their respective capital allowance G20. TUPE and is for that reason irrecoverable. G23.4 The seller must promptly: buyer. within three months after completion; computations. G20.1 If the special conditions state “There G22.4 In respect of each tenancy, if the service (a) give to the buyer full details of (c) article 5(2B) of the Value Added Tax are no employees to which TUPE charge account shows that: all rent review negotiations and G13. Rent deposits (Special Provisions) Order 1995 does G17. Maintenance agreements applies”, this is a warranty by the seller (a) payments on account (whether proceedings, including copies of all not apply to it; and correspondence and other papers; and G13.1 This condition G13 applies where the G17.1 The seller agrees to use reasonable to this effect. received or still then due from a tenant) seller is holding or otherwise entitled to (d) it is not buying the lot as a nominee endeavours to transfer to the buyer, G20.2 If the special conditions do not exceed attributable service charge (b) use all reasonable endeavours to money by way of rent deposit in respect for another person. at the buyer’s cost, the benefit of the state “There are no employees to expenditure, the seller must pay to the substitute the buyer for the seller in any of a tenancy. In this condition G13 “rent G15.4 The buyer is to give to the seller as maintenance agreements specified in which TUPE applies” the following buyer an amount equal to the excess rent review proceedings. deposit deed” means the deed or other early as possible before the agreed the special conditions. paragraphs apply: when it provides the service charge G23.5 The seller and the buyer are to keep account; document under which the rent deposit completion date evidence: G17.2 The buyer must assume, and indemnify (a) The seller must notify the buyer each other informed of the progress of is held. (a) of the buyer’s VAT registration; the seller in respect of, all liability of those employees whose contracts (b) attributable service charge the rent review and have regard to any G13.2 If the rent deposit is not assignable (b) that the buyer has made a VAT under such contracts from the actual of employment will transfer to the expenditure exceeds payments on proposals the other makes in relation to the seller must on completion hold the option; and completion date. buyer on completion (the “Transferring account (whether those payments it. have been received or are still then rent deposit on trust for the buyer and, (c) that the VAT option has been Employees”). This notification must be G23.6 When the rent review has been agreed due), the buyer must use all reasonable subject to the terms of the rent deposit notified in writing to HM Revenue and given to the buyer not less than 14 days or determined the buyer must account G18. Landlord and Tenant Act 1987 endeavours to recover the shortfall from deed, comply at the cost of the buyer Customs; before completion. to the seller for any increased rent and G18.1 This condition G18 applies where the tenant at the next service charge interest recovered from the tenant with the buyer’s lawful instructions. and if it does not produce the relevant (b) The buyer confirms that it will the sale is a relevant disposal for the reconciliation date and pay the amount that relates to the seller’s period of G13.3 Otherwise the seller must on evidence at least two business days comply with its obligations under purposes of part I of the Landlord and so recovered to the seller within five ownership within five business days of completion pay and assign its interest before the agreed completion date, TUPE and any special conditions in Tenant Act 1987. business days of receipt in cleared receipt of cleared funds. in the rent deposit to the buyer under condition G14.1 applies at completion. respect of the Transferring Employees. G18.2 The seller warrants that the seller has funds; but in respect of payments on G23.7 If a rent review is agreed or determined an assignment in which the buyer G15.5 The buyer confirms that after (c) The buyer and the seller complied with sections 5B and 7 of that account that are still due from a tenant before completion but the increased covenants with the seller to: completion the buyer intends to: acknowledge that pursuant and subject Act and that the requisite majority of to TUPE, the contracts of employment condition G11 (arrears) applies. rent and any interest recoverable from (a) observe and perform the seller’s (a) retain and manage the lot for the qualifying tenants has not accepted the between the Transferring Employees G22.5 In respect of service charge expenditure the tenant has not been received by covenants and conditions in the rent buyer’s own benefit as a continuing offer. and the seller will transfer to the buyer that is not attributable to any tenancy completion the increased rent and any deposit deed and indemnify the seller in business as a going concern subject to on completion. the seller must pay the expenditure interest recoverable is to be treated as respect of any breach; and with the benefit of the tenancies; G19. Sale by practitioner incurred in respect of the period arrears. (b) give notice of assignment to the and (d) The buyer is to keep the seller G19.1 This condition G19 applies where the indemnified against all liability for before actual completion date and G23.8 The seller and the buyer are to bear tenant; and (b) collect the rents payable under the sale is by a practitioner either as seller the Transferring Employees after the buyer must pay the expenditure their own costs in relation to rent (c) give such direct covenant to the tenancies and charge VAT on them or as agent of the seller. completion. incurred in respect of the period after review negotiations and proceedings. tenant as may be required by the rent G15.6 If, after completion, it is found that actual completion date. Any necessary G19.2 The practitioner has been duly deposit deed. the sale of the lot is not a transfer of a monetary adjustment is to be made appointed and is empowered to sell the going concern then: G21. Environmental within five business days of the seller G24. Tenancy renewals lot. G14. VAT (a) the seller’s conveyancer is to notify G21.1 This condition G21 only applies where providing the service charge account to G24.1 This condition G24 applies where the G19.3 Neither the practitioner nor the firm or G14.1 Where a sale condition requires money the buyer’s conveyancer of that finding the special conditions so provide. the buyer. tenant under a tenancy has the right any member of the firm to which the to be paid or other consideration to be and provide a VAT invoice in respect G21.2 The seller has made available such G22.6 If the seller holds any reserve or sinking to remain in occupation under part II practitioner belongs has any personal given, the payer must also pay any VAT of the sale of the lot; reports as the seller has as to the fund on account of future service of the Landlord and Tenant Act 1954 liability in connection with the sale that is chargeable on that money or environmental condition of the lot and charge expenditure or a depreciation (as amended) and references to notices (b) the buyer must within five business or the performance of the seller’s consideration, but only if given a valid has given the buyer the opportunity fund: and proceedings are to notices and days of receipt of the VAT invoice pay obligations. The transfer is to include VAT invoice. to carry out investigations (whether or proceedings under that Act. to the seller the VAT due; and a declaration excluding that personal (a) the seller must pay it (including any not the buyer has read those reports or G24.2 Where practicable, without exposing the G14.2 Where the special conditions state (c) if VAT is payable because the buyer liability. interest earned on it) to the buyer on that no VAT option has been made carried out any investigation) and the completion; and seller to liability or penalty, the seller has not complied with this condition G19.4 The lot is sold: the seller confirms that none has been G15, the buyer must pay and indemnify buyer admits that the price takes into (b) the buyer must covenant with the must not without the written consent (a) in its condition at completion; made by it or by any company in the the seller against all costs, interest, account the environmental condition of seller to hold it in accordance with the of the buyer (which the buyer must not same VAT group nor will be prior to penalties or surcharges that the seller (b) for such title as the seller may have; the lot. terms of the tenancies and to indemnify unreasonably withhold or delay) serve completion. incurs as a result. and G21.3 The buyer agrees to indemnify the the seller if it does not do so. or respond to any notice or begin or (c) with no title guarantee; and the seller in respect of all liability for or continue any proceedings. buyer has no right to terminate the resulting from the environmental G24.3 If the seller receives a notice the seller G15. Transfer as a going concern G16. Capital allowances contract or any other remedy if condition of the lot. G23. Rent reviews must send a copy to the buyer within G15.1 Where the special conditions so state: G16.1 This condition G16 applies where the information provided about the lot is G23.1 This condition G23 applies where the fivebusiness days and act as the buyer (a) the seller and the buyer intend, and special conditions state that there are inaccurate, incomplete or missing. lot is sold subject to a tenancy under reasonably directs in relation to it. G22. Service Charge which a rent review due on or before will take all practicable steps (short of capital allowances available in respect G19.5 Where relevant: G24.4 Following completion the buyer must: of the lot. G22.1 This condition G22 applies where the the actual completion date has not been an appeal) to procure, that the sale is (a) the documents must include (a) with the co-operation of the seller lot is sold subject to tenancies that agreed or determined. treated as a transfer of a going concern; G16.2 The seller is promptly to supply to certified copies of those under take immediate steps to substitute itself include service charge provisions. G23.2 The seller may continue negotiations or and the buyer all information reasonably which the practitioner is appointed, as a party to any proceedings; required by the buyer in connection G22.2 No apportionment is to be made rent review proceedings up to the actual (b) this condition G15 applies. the document of appointment and (b) use all reasonable endeavours with the buyer’s claim for capital at completion in respect of service completion date but may not agree the G15.2 The seller confirms that the seller the practitioner’s acceptance of to conclude any proceedings or allowances. charges. level of the revised rent or commence (a) is registered for VAT, either in the appointment; and negotiations for the renewal of the G22.3 Within two months after completion rent review proceedings without the seller’s name or as a member of the G16.3 The value to be attributed to those (b) the seller may require the transfer tenancy and the determination of any the seller must provide to the buyer written consent of the buyer, such same VAT group; and items on which capital allowances may to be by the lender exercising its power interim rent as soon as reasonably be claimed is set out in the special a detailed service charge account for consent not to be unreasonably (b) has (unless the sale is a standard- of sale under the Law of Property Act practicable at the best rent or rents conditions. the service charge year current on withheld or delayed. rated supply) made in relation to the lot 1925. reasonably obtainable; and completion showing: G23.3 Following completion the buyer must a VAT option that remains valid and G16.4 The seller and buyer agree: G19.6 The buyer understands this condition (c) if any increased rent is recovered (a) service charge expenditure complete rent review negotiations or will not be revoked before completion. (a) to make an election on completion G19 and agrees that it is fair in from the tenant (whether as interim rent attributable to each tenancy; proceedings as soon as reasonably under Section 198 of the Capital the circumstances of a sale by a or under the renewed tenancy) account G15.3 The buyer confirms that: (b) payments on account of service practicable but may not agree the level Allowances Act 2001 to give effect to practitioner. to the seller for the part of that increase (a) it is registered for VAT, either in the charge received from each tenant; of the revised rent without the written this condition G16; and that relates to the seller’s period of buyer’s name or as a member of a VAT consent of the seller, such consent not (b) to submit the value specified in (c) any amounts due from a tenant that ownership of the lot within five business group; to be unreasonably withheld or delayed. the special conditions to HM Revenue have not been received; days of receipt of cleared funds. (b) it has made, or will make before and Customs for the purposes of (d) any service charge expenditure that completion, a VAT option in relation to is not attributable to any tenancy

94 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 95 COMMON AUCTION Reproduced with AMENDMENTS TO COMMON CONDITIONS the consent of the RICS AUCTION CONDITIONS (Edition 3 August 2009)

G24.5 The seller and the buyer are to bear G28. Notices and other AMENDMENTS TO in the catalogue) in which the terms of the Condition A5.3 shall be deleted and replaced their own costs in relation to the contract for the sale of the lot are recorded with: communications COMMON AUCTION renewal of the tenancy and any G28.1 All communications, including notices, which will either be in email form (where the “A5.3 Within 24 hours of the end of the proceedings relating to this. must be in writing. Communication to CONDITIONS lot is won at the auction) or written (where the auction, the successful bidder must: or by the seller or the buyer may be lot is not sold at the auction). (a) provide anti-money laundering given to or by their conveyancers. information to us; and G25. Warranties Where The Royal Institution of Chartered You (and your) (b) provide all information we G25.1 Available warranties are listed in the G28.2 A communication may be relied on if: Surveyors Common Auction Conditions (third Someone who has a copy of the catalogue or reasonably need from you to enable us to special conditions. (a) delivered by hand; or edition) (“CAC”) are to be construed in who views the URL of or who is a bidder at complete the sale memorandum; and G25.2 Where a warranty is assignable the (b) made electronically and the context of an online auction and bidding the auction, whether or not a buyer. seller must: personally acknowledged (automatic system the CAC shall be varied as follows: (c) pay the buyer’s payment in cleared (a) on completion assign it to the buyer acknowledgement does not count); or funds from an account held with an approved financial institution, but we will and give notice of assignment to the (c) there is proof that it was sent to The following definitions in the The following definitions shall be person who gave the warranty; and the address of the person to whom it added as new definitions in the not accept the buyer’s payment and the CAC Glossary shall be deleted and buyer will not be able to pay the buyer’s (b) apply for (and the seller and is to be given (as specified in the sale CAC Glossary: replaced as follows: payment until the buyer has complied the buyer must use all reasonable memorandum) by a postal service that with condition A5.3(a).” endeavours to obtain) any consent to offers normally to deliver mail the next Anti-Money Laundering Information assign that is required. If consent has following business day. Addendum Condition A5.4 shall be deleted and replaced Means the provision of 2 pieces of not been obtained by completion the An amendment or addition to the conditions or with: G28.3 A communication is to be treated as identification for anti-money laundering warranty must be assigned within five received: to the particulars or to both whether contained “A5.4 If you do not we may, as agent for in a supplement to the catalogue or a notice purposes – these must include 1 piece of photo the seller, treat that failure as your business days after the consent has (a) when delivered, if delivered by from the auctioneers on the auctioneers identification (a passport or driver’s licence repudiation of the contract and offer the been obtained. hand; or for example) and a utility bill including the lot for sale again: the seller may then G25.3 If a warranty is not assignable the seller website. (b) when personally acknowledged, if buyer’s/seller’s (as appropriate) home address have a claim against you for breach of must after completion: made electronically; but if delivered or which cannot be dated older than 3 months Auction contract and you will be banned from all (a) hold the warranty on trust for the made after 1700 hours on a business future auctions.” buyer; and day a communication is to be treated The auction for each lot advertised in the Buyer’s Payment Condition A5.5(b) shall be deleted. (b) at the buyer’s cost comply with such as received on the next business day. catalogue which will take place online via the 10% of the price (minimum £5,000) which will Condition A5.6 shall be deleted. of the lawful instructions of the buyer G28.4 A communication sent by a postal internet, using the Uniform Resource Locator be comprised of the buyer’s premium and the Condition A6 shall be deleted and replaced in relation to the warranty as do not service that offers normally to deliver (URL) of on an ongoing basis. deposit. with: place the seller in breach of its terms mail the next following business day “A6 The Extra Auction Conduct Conditions or expose the seller to any liability or will be treated as received on the Auctioneers shall be incorporated into the auction penalty. second business day after it has been The auctioneer will be John Pye & Sons Ltd Buyer’s Premium conduct conditions as if set out in full in posted. T/A John Pye Property & John Pye Auctions. Means 2% of the price (minimum £2,500) plus the auction conduct conditions.” G26. No assignment VAT payable to the auctioneers. Buyer The buyer must not assign, mortgage G29. Contracts (Rights of Third The General Conditions of Means the person who has made the highest Deposit or otherwise transfer or part with Parties) Act 1999 Sale shall be varied as follows: valid bid once the auction has finished (taking Means the sum of the buyer’s payment less the the whole or any part of the buyer’s No one is intended to have any benefit into account the application of the 3-minute buyer’s premium. Condition G2.1 shall be deleted. interest under this contract. under the contract pursuant to the Contract rule) or, if applicable, that person’s personal Condition G2.2 shall be deleted and replaced (Rights of Third Parties) Act 1999. representatives: if two or more are jointly Extra Auction Conduct Conditions with: G27. Registration at the Land “The deposit is to be held as stakeholder the buyer their obligations can be enforced The John Pye & Sons – Extra Auction Conduct Registry unless the auction conduct conditions provide against them jointly or against each of them Conditions for the participation and purchase that it is to be held as agent for the seller” G27.1 This condition G27.1 applies where separately. of property by online auction, available at the lot is leasehold and its sale either johnpye.co.uk/propertyterms.pdf Condition G2.4 shall be deleted. triggers first registration or is a Catalogue and in the catalogue. registrable disposition. The buyer must at its own expense and as soon as Unless otherwise stated this will take the form practicable: of online sales particulars, text, hypertext 3-Minute Rule links and associated imagery present upon the (a) procure that it becomes registered Means the rule which stipulates that any website which shall be the catalogue to which at Land Registry as proprietor of the person who bids online within the last 3 the conditions refer including any supplement lot; minutes of a specific lot closing time will to it. instigate the automatic extension of the lot (b) procure that all rights granted and closing time by an additional 3 minutes and reserved by the lease under which the so on for any such subsequent bids until a lot is held are properly noted against Contract Date winning bid is achieved. the affected titles; and The date that the auction has finished (taking The Auction Conduct Conditions (c) provide the seller with an official into account the application of the 3-minute copy of the register relating to such rule) or, if the lot is not sold at the auction: shall be varied as follows: lease showing itself registered as (a) the date of the sale memorandum is signed Condition A2.1(f) shall be deleted and replaced proprietor. by both the seller and buyer; or with: G27.2 This condition G27.2 applies where the (b) if contracts are exchanged, the date of “(f) treat a contract as repudiated if the lot comprises part of a registered title. exchange. If exchange is not effected in buyer fails to pay the buyer’s payment The buyer must at its own expense and person or by an irrevocable agreement and/or provide anti-money laundering as soon as practicable: to exchange made by telephone, fax or information to us as required by these auction conduct conditions”. (a) apply for registration of the transfer; electronic mail the date of exchange is the date on which both parts have been signed Condition A5.1 shall be deleted and replaced (b) provide the seller with an official and posted or otherwise placed beyond with: copy and title plan for the buyer’s new normal retrieval. “A5.1 A successful bid is one we accept as title; and such (normally when the auction time (c) join in any representations the seller has elapsed with a winning bid). This may properly make to Land Registry Sale Memorandum The form so headed (whether or not set out condition A5 applies to you if you make relating to the application. the successful bid for a lot.”

96 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 97 ONLINE PROPERTY AUCTION ONLINE PROPERTY AUCTION TERMS AND CONDITIONS TERMS AND CONDITIONS

4.8 The 3-Minute Rule shall operate as JOHN PYE & SONS – EXTRA 1.6 All lots entered for online auction are 4. Conduct of the Auction 7. Data protection 8. General necessary during the online auction. 7.1 JOHN PYE & SONS will only use the 8.1 If any court or competent authority AUCTION CONDUCT subject to these Terms and (for the 4.1 For the avoidance of doubt, the parties personal information provided to them decides that any of the provisions of CONDITIONS FOR THE avoidance of doubt) the CAC’s. to the contract of sale of the lot set on to provide the auction services, or to these Terms are invalid, unlawful or 1.7 All buyers and sellers acknowledge the contract date are the buyer and the 5. Completion of purchase PARTICIPATION AND inform buyers and sellers about similar unenforceable to any extent, the term and agree that these Terms (and, for seller. JOHN PYE & SONS is 5.1 Immediately following the contract PURCHASE OF PROPERTY BY services which they provide, unless told will, to that extent only, be severed the avoidance of doubt, the CAC’s) are not a party to the contract of sale and date, and subject to the satisfaction of ONLINE AUCTION by such parties that they do not want to from the remaining terms, which will binding upon them, and by the buyers is not liable for any breach thereof by the provisions of condition 4.7 above, receive this information by ticking the continue to be valid to the fullest extent completing Registration, and JOHN either the buyer or the seller. JOHN PYE & SONS will send the ‘opt out’ box on the email you receive, permitted by law. 1. Interpretation PYE & SONS accepting the sellers’ 4.2 If a potential buyer is unsuccessful in buyer’s payment invoice to the buyer, or by ticking the relevant box on the 8.2 If or to the extent that any of these 1.1 The definitions in this clause and those property for auction, these Terms are buying the lot they may recover their and, subject to receipt of payment in relevant web page. Terms (as amended from time to time definitions set out in the Common deemed accepted and incorporated Conditionally Refundable Registration cleared funds, JOHN PYE & SONS 7.2 The buyers and sellers acknowledge in writing by JOHN PYE & SONS) are Auction Conditions apply in these into all dealings as between the Fee from JOHN PYE & SONS or, they will then the sale memorandum to and agree that JOHN PYE & SONS Terms to which any of the provisions of Extra Auction Conduct Conditions relevant parties. may request in writing that JOHN the buyer, seller, the buyer’s solicitors may pass their details to credit the Unfair Contract Terms Act 1977 or (‘Terms’): PYE & SONS keep the Conditionally (provided JOHN PYE & SONS are reference agencies, solicitors and other the Supply of Goods and Services Act Refundable Registration Fee against provided with such details) and seller’s “Anti-Money Laundering Information” 2. Entry into Auction third parties where legally required. 1982 or any subsequent modification means the provision of 2 pieces of future auctions which the potential solicitors. All required payments will 2.1 JOHN PYE & SONS sell as agents 7.3 Within this clause, “Data Protection or re-enactment thereof apply then identification for anti-money laundering buyer may participate in, and make be settled in full and before the sale for the seller and as such are not Act” means the Data Protection Act such Terms shall be enforceable only purposes – these must include 1 piece them a registered ‘regular customer’ memorandum is sent to the buyer, responsible for any default by seller. to the extent permitted by those Acts of JOHN PYE & SONS provided seller and the buyer’s solicitors and 1998 and “Data Controller”, “Data of photo identification (a passport or or their subsequent modification or 2.2 JOHN PYE & SONS reserve the right they adhere to bi-annual requests for seller’s solicitors and will be in sterling Processor” and “Personal Data” have driver’s licence for example) and a re-enactment and these Terms shall be to refuse to accept any Registration identification. (GBP) by way of online payment only the same meanings as in that Act. utility bill including the buyer’s/seller’s construed accordingly. (as appropriate) home address which if any of the elements of Registration 4.3 Following the contract date, a through Sage Pay or as otherwise 7.4 Where JOHN PYE & SONS is Data 8.3 If JOHN PYE & SONS fails, at any time cannot be dated older than 3 months; are not acceptably completed. JOHN buyer may choose to recover their specified in the catalogue within 24 Controller and it permits access to the while these Terms are in force, to insist PYE & SONS reserve the right to Conditionally Refundable Registration hours following issue of the buyer’s Personal Data to the buyer (and/or “Appointment” means the appointment that the Seller and/or Buyer perform refuse to accept any Anti-Money Fee from JOHN PYE & SONS or, they payment invoice. All queries in relation seller) then the buyer (and/or seller) of JOHN PYE & SONS by the seller their obligations under these Terms, Laundering Information in the event may request in writing that JOHN to methods of payment must be made shall be the Data Processor in respect pursuant to the Appointment Letter. or if JOHN PYE & SONS does not it is not satisfied as to its authenticity PYE & SONS keep the Conditionally to JOHN PYE & SONS accounts of such Personal Data and shall comply “Appointment Letter” means the exercise any of its rights or remedies or acceptability. In the event that the Refundable Registration Fee against department and unless otherwise with any instructions issued by JOHN letter prepared by JOHN PYE & under these Terms, that will not mean Anti-Money Laundering Information is future auctions which the potential agreed by JOHN PYE & SONS, the PYE & SONS. SONS, setting out the Services, the that JOHN PYE & SONS has waived not acceptable or provided, JOHN PYE buyer may participate in, and make timing required under these Terms for 7.5 If any party is a Data Processor of remuneration arrangements and other such rights or remedies and will not & SONS will not (as applicable) send them a registered ‘regular customer’ payment is of the essence, and will Personal Data, that party shall: terms and conditions that form part of mean that the seller and/or buyer or sign the sale memorandum and the of JOHN PYE & SONS provided under no circumstances be adjusted 7.5.1 only process Personal Data in the Appointment. does not have to comply with those ‘buyer’s payment will not be accepted they adhere to bi-annual requests further for a failure on the part of the accordance with the requirements of “CAC’s” means The Royal Institution obligations. If JOHN PYE & SONS do and in addition to the provisions of for identification. A Buyer may not buyer to make the necessary enquiries the Data Protection Act; of Chartered Surveyors Common the CAC (as amended), the Buyer will waive a default by the seller and/or use their Conditionally Refundable and preparations in order to pay the 7.5.2 process Personal Data to the extent, Auction Conditions (third edition). lose the Conditionally Refundable buyer that will not mean that JOHN Registration Fee against their deposit buyer’s premium and/or price. and in such manner, as is necessary for “Conditionally Refundable Registration Registration Fee. PYE & SONS will automatically waive or buyer’s premium. 5.2 In respect of telegraphic transfers, the the provision of the auction services (In Fee” means the fee paid by the 2.3 Unless otherwise agreed by JOHN any subsequent default by the seller 4.4 Persons participate in the online remitting bank must include the invoice the case of JOHN PYE & SONS) and/ potential buyer upon Registration of PYE & SONS in writing, JOHN PYE & and/or buyer. No waiver by JOHN auctions at their own risk and, subject number, and any other reference as or its obligations under these Terms or either £2000 or £500 as notified by SONS will not accept a lot without the PYE & SONS of any of these Terms to condition 6.2 below, neither the shown in the catalogue, or as otherwise as is required by law or any regulatory JOHN PYE & SONS upon Registration. information and documentation set out shall be effective unless JOHN PYE & seller nor JOHN PYE & SONS will be notified by JOHN PYE & SONS. body; “JOHN PYE & SONS” means John Pye in its Appointment Letter. SONS expressly says that it is a waiver 7.5.3 implement appropriate technical and and Sons Limited trading as John Pye individually or collectively responsible and JOHN PYE & SONS tell the buyer organisational measures to protect Property and John Pye Auctions. for any loss or damage whatsoever 6. Buyer’s Default and seller so in writing. 3. Basis of Sale occasioned to any person or property 6.1 If the buyer does not honour its Personal Data against unauthorised 8.4 A person who is not party to these “Registration” means: or unlawful processing and against 3.1 All lots are sold ‘as they lie’ with all due to anything which may be present obligations for payment of the buyer’s Terms shall not have any rights under (i) the payment by the potential accidental loss, destruction, damage, faults and imperfections and errors of on the auction site. payment then JOHN PYE & SONS as or in connection with them under the buyer of the Conditionally Refundable alteration or disclosure. These description. Illustrations in catalogues 4.5 JOHN PYE & SONS shall have the agents of the seller shall at its absolute Contracts (Rights of Third Parties) Act Registration Fee electronically measures shall be appropriate to or brochures are for identification only. right, at its discretion, to refuse discretion and without prejudice to any 1999. in cleared funds, or as otherwise the harm which might result from Buyers should satisfy themselves prior participation in the online auctions by other rights it may have, be entitled 8.5 These Terms shall be governed by notified by JOHN PYE & SONS in the unauthorised or unlawful processing or to sale as to the condition of each lot any person. to exercise the remedies set out in the English law and JOHN PYE & SONS, registration process; accidental loss, destruction or damage and should exercise and rely on their 4.6 The catalogue will be made available CAC (as amended) as well as retain the the seller and the buyer all agree to the (ii) the completion of the relevant to Personal Data and to the nature own judgment as to whether the lot to potential buyers on JOHN PYE & Conditionally Refundable Registration exclusive jurisdiction of the English registration form by the potential of the Personal Data which is to be accords with its description. Neither SONS website johnpye.co.uk/property Fee. courts. buyer. protected; and JOHN PYE & SONS, their servants or before the commencement of the 6.2 For the avoidance of doubt, nothing “3-Minute Rule” means the rule which agents will be responsible for errors of auction. in these Terms limits JOHN PYE & 7.5.4 not perform its obligations hereunder stipulates that any person who bids 9. Online terms of participation description or for the genuineness or 4.7 Anti-Money Laundering Information SONS’ liability, nor, where applicable, or as otherwise set out in these online within the last 3 minutes of a and sale authenticity of any lot. must be presented by a successful the liability of the buyer or seller for: conditions in such a way as to breach specific lot closing time will instigate buyer to JOHN PYE & SONS before any of its applicable obligations under 9.1 The provisions of all Terms above the automatic extension of the lot 3.2 JOHN PYE & SONS has the right (a) death or personal injury caused by the auction has commenced or the Data Protection Act. apply to the sale of lots made through closing time by an additional 3 minutes to revise and amend these Terms negligence; or within, but no later than, 24 hours of a 7.6 If the buyer or seller provides Personal johnpye.co.uk (the “Website”), and to and so on for any such subsequent bids from time to time to reflect changes (b) fraud or fraudulent misrepresentation; successful bid (further to the process Data of any third party to JOHN PYE the extent that such adjustments in until a winning bid is achieved. in market conditions affecting its or notified to Buyers by JOHN PYE & & SONS, it shall ensure that it has practical application of the Terms are business, changes in technology, (c) any breach of the obligations implied 1.2 Headings do not affect the SONS in the catalogue and the Buyers permission to provide the Personal warranted by virtue of the electronic changes in payment methods, changes by section 12 of the Sale of Goods interpretation of these Terms. guide). The Anti-Money Laundering Data for JOHN PYE & SONS’s use in medium of participation in any given in relevant laws and regulatory Act 1979 or section 2 of the Supply of 1.3 The headings of these Terms do not Information can be presented to John connection with the auction. auction, so such adjustments shall be requirements and changes in various Goods and Services Act 1982; or form part of the Terms. systems’ capabilities. Pye & Sons’ staff at one of their four deemed made so to give full application 1.4 Reference to writing or written in these primary hubs (Nottingham, Derby, (d) losses for which it is prohibited by to all relevant and applicable Terms. Terms includes faxes and e-mail unless Marchington or Park Royal, London). section 7 of the Consumer Protection 9.2 All participants in the Website auctions otherwise notified by JOHN PYE & Alternatively, buyers may request Act 1987 to limit liability; or warrant that they are of legal age and SONS. their solicitors to provide Anti-Money (e) any other matter for which it would legally capable of entering into binding 1.5 If any of these Terms are inconsistent Laundering Information to John Pye be illegal or unlawful to exclude or contracts. with any other term of the CAC’s (as & Sons. John Pye & Sons reserve the attempt to exclude liability. amended), these Terms shall prevail. right to refuse acceptance of any Anti- Money Laundering Information. 98 Property Auction January 2017 - Catalogue Property Auction January 2017 - Catalogue 99 100 Property Auction January 2017 - Catalogue