* Freehold
* 21 March live online auction
* Building plot with planning granted for 2 new dwellings
* Currently occupied by a prefabricated bungalow
* Gdv of circa £500, 000
* 8 - week completion
Building plot - planning granted for 2 new dwellings
An exciting development opportunity comprising a parcel of land measuring
approximately 315 m2 that is currently occupied by a 2 - bedroom prefabricated
bungalow. Full planning consent has been granted for the demolition of the
existing property and the erection of two new semi - detached bungalows (1 x
2 - bedroom bungalow and 1 x 1 - bedroom bungalow). Situated with close proximity
to Southmead Hospital, the site is ideal for builders and developers.
**For Sale By Auction**
This property is due to feature in our online auction on 21 March 2024 at
6. 00pm. Bidding is via proxy, telephone or online remote bidding.
**Viewings**
By appointment.
**Summary**
Building plot - planning granted for 2 new dwellings
**Description**
An exciting development opportunity comprising a parcel of land measuring
approximately 315 m2 that is currently occupied by a 2 - bedroom prefabricated
bungalow. Full planning consent has been granted for the demolition of the
existing property and the erection of two new semi - detached bungalows (1 x
2 - bedroom bungalow and 1 x 1 - bedroom bungalow). Situated with close proximity
to Southmead Hospital, the site is ideal for builders and developers.
**Location**
The site is situated in a highly convenient location in Horfield with easy
access provided to Southmead Hospital and Horfield Leisure Centre. The
immediate area has undergone significant redevelopment in recent years and the
subject property is one of the few remaining undeveloped prefab sites.
**Planning**
Full planning consent was granted on appeal for the demolition of the existing
bungalow and the construction of a pair of semi - detached bungalows (one 2
bedroom and one 1 bedroom) on 145 September 2021.
Planning Ref: 20/04902/F
Appeal Ref: App/Z0116/W/21/3275479
**Local Authority**
Bristol City Council.
**Proposed Dwellings & Gdv**
Plot 1: Two - bedroom semi - detached bungalow (61 m2) - £275, 000
plot 2: One - bedroom semi - detached bungalow (50 m2) - £225, 000
gross development value (gdv): £500, 000
**Tenure**
The site is for sale on a freehold basis.
**Completion**
Completion for this lot will be 8 weeks from exchange of contracts or sooner
by mutual agreement.
**Energy Performance Certificate (Epc)**
Rating: Tbc
**Letting - What Can Maggs & Allen Achieve For You?**
Maggs & Allen's experienced letting team are happy to discuss the rental of
this property and can advise on maximising the investment. We offer Full
Management, Let Only and Rent Collection Services. Contact Jessica Archer and
her team on or email .
**Auction Or Bridging Finance Required?**
Do you need a mortgage or loan quickly? Maggs & Allen have specialist
Independent Brokers who can arrange residential and commercial finance on all
types of property. Contact the Auction Team today to be put through to our
mortgage and loan experts on or email
**Buyer's Premium**
Please be advised that all purchasers are subject to a £1, 250 plus VAT (£1, 500
inc VAT) buyer’s premium payable upon exchange of contracts.
***Guide Price**
Guide Prices are provided as an indication of each seller's minimum
expectation. They are not necessarily figures which a property will sell for
and may change at any time prior to the auction. Each property will be offered
subject to Reserve Price (a figure below which the Auctioneer cannot sell the
property during the auction) which we expect will be set within the Guide
Range or no more than 10% above a single figure Guide.
**Reserve Price**
The seller's minimum acceptable price at auction and the figure below which
the auctioneer cannot sell. The reserve price is not disclosed and remains
confidential between the seller and the auctioneer. Both the guide price and
the reserve price can be subject to change up to and including the day of the
auction.
**Proxy, Telephone & Online Remote Bidding**
The auction will be held online via live video stream with buyers able to bid
via telephone, online or by submitting a proxy bid. You will need to complete
our remote bidding form, which is available to download from our website. The
completed form, id (driving licence or passport and a recent utility bill
stating the home address of the purchaser) and a bank transfer for the
Preliminary Deposit must be received no later than 24 hours before the date of
the auction.
**Preliminary Deposits**
The Preliminary Deposit required for each lot you wish to bid for will be
calculated based upon the Guide Price as follows:
£1, 000 - £50, 000: £2, 000
£51, 000 - £150, 000: £5, 000
£151, 000 and above: £10, 000
If your bid is successful, the balance of the deposit monies and Buyer's
Premium (£1, 500 inc VAT) must be transferred to our client account within 24
hours of the auction sale. If you are unsuccessful at the auction, your
Preliminary Deposit will be returned to you.
**Rental Estimates**
All rental estimates are provided in good faith. They should be verified by
your own professional advisors prior to a commitment to purchase.

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