Holly Lodge Road, Speedwell, Bristol

Guide Price £300,000 - For Sale

  • For Sale By Public Auction
  • Tuesday 28th July 2020
  • Remote Online, Proxy & Telephone Auction
  • Legal Packs via our website

REMOTE BIDDING FORM

Telephone: 0117 973 4940

Email: admin@maggsandallen.co.uk

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Property Details

DEVELOPMENT SITE WITH PLANNING GRANTED A fantastic opportunity to purchase a development site of approximately 0.28 acres with full planning consent granted for the erection of three new 3-bedroom houses with parking and gardens. The land is situated in a delightful semi-rural location backing onto Coombe Brooke Nature Reserve. A superb new-build housing opportunity, ideally suited to builders and developers. 8 WEEK COMPLETION AVAILABLE

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 28 July 2020 at 5.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWING -

By appointment

SUMMARY -

DEVELOPMENT SITE - PLANNING GRANTED FOR 3 X 3-BEDROOM HOUSES

DESCRIPTION -

A clear and level parcel of land measuring approximately 0.28 acres, situated to the rear of 82 Holly Lodge Road. Full planning consent has been granted for the erection of a new terrace of 3 x 3-bedroom houses, all with parking and good-sized gardens. A fantastic opportunity to create an exclusive housing development in a secluded location that still provides easy access to a wide range of local amenities.

LOCATION -

The site is situated just off Holly Lodge Road on the borders of Speedwell and Fishponds with access via a lane adjacent to 82 Holly Lodge Road. The site is bordered to the North and East by Coombe Brooke Nature Reserve which gives a delightful semi-rural feel whilst still being within easy reach of a wide range of local amenities in Fishponds, St George and Kingswood.

PROPOSED HOUSES - 83 sq m each (893 sq ft each) -

The proposed development provides for a new terrace of three houses, each comprising on the ground floor; a living room, cloakroom, kitchen and dining room with double doors onto the rear gardens. The first floors will comprise of 3 bedrooms and a family bathroom. Externally, each property will benefit from off-street parking and good-sized gardens to the rear.

GROSS DEVELOPMENT VALUE (GDV) -

We would anticipate a GDV in the region of £900,000 - £945,000 (£300,000 - £315,000 per house).

PLANNING -

Full planning consent was granted for the proposed development comprising a new terrace of 3 dwellings on 26 January 2015 under Application No. 14/05730/F. We understand that the pre-commencement planning conditions have been discharged and the planning is considered 'live' by Bristol City Council following initial ground works that have been implemented.

COMMUNITY INFRASTRUCTURE LEVY (CIL) -

The CIL payment of £10,715.63 has already been paid by the seller.

LOCAL AUTHORITY -

Bristol City Council.

SOLICITOR -

Mr P Kerslake, John W Davies Ltd
Tel: 01291 639523
Email: paul.kerslake@johnwdavies.com

BUYER'S PREMIUM -

Please be advised that all purchasers are subject to a £1,000 plus VAT (£1,200 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 cheque/bank transfer for the deposit and buyer's premium must be received no later than 24 hours before the date of the auction.

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Maggs & Allen use all reasonable endeavors to supply accurate property information in line with the Consumer Protection from Unfair Trading Regulations 2008. These property details do not constitute any part of the offer or contract and all measurements are approximate.
It should not be assumed that this property has all the necessary Planning, Building Regulation or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens.
Any site and floor plans provided are for indicative purposes only and should not be relied upon.