This property is due to feature in our online auction on 17th June 2021 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
17 JUNE AUCTION - BUILDING PLOT WITH PLANNING FOR 2 X 4-BED DETACHED HOUSES
An extremely rare opportunity to purchase a development site with full planning consent granted for the erection of two detached 4-bedroom family houses with parking and gardens in a prime location in Backwell. The site is currently occupied by a detached 3-bedroom house and garage that will need to be demolished in order to facilitate the development. Alternatively, the existing house could be renovated and extended (subject to consents) for those seeking a detached house in a generous plot.
Development sites in this location are rarely offered to the market and this is a superb opportunity for builders, developers and self-builders alike. There are high levels of demand for quality family houses in the immediate area.
The property enjoys an excellent position on the ever-popular Church Lane in Backwell. Easy access is provided to a wide range of local amenities including Backwell Playing Fields Park and Backwell Leisure Centre as well as being within the catchment area for Backwell School. Bristol is approximately 7 miles to the northeast and is easily accessible via the A370.
Full planning consent was granted on 03 February 2021 for the demolition of the existing house and garage and the erection of two new 4-bedroom detached houses with parking and gardens under application no. 20/P/2243/FUL.
Each detached house will be arranged to provide an entrance hall, lounge, cloakroom, utility room and an open-plan kitchen/dining/living room on the ground floor with four double bedrooms and two bathrooms on the first floor. Externally, each property will benefit from three parking spaces to the front and gardens at the rear with side access.
We would anticipate a GDV in the region of £1,400,000 (£700,000 per house).
North Somerset Council.
To be confirmed.
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 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.
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.
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 Preliminary Deposit must be received no later than 24 hours before the date of the auction.
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 (£1,200 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.
Maggs & Allen use all reasonable endeavours 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.