A level development site of approximately 706 sq m with planning consent granted for the erection of three detached houses with associated parking. The site is situated in a popular residential location in Clevedon within walking distance to the town centre. One of the houses has been partly constructed but not yet completed and foundations have been excavated/partially laid for the remaining two houses. An ideal opportunity for builders and developers.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 29th July 2021 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
DEVELOPMENT SITE - PLANNING FOR 3 DETACHED HOUSES
A partially completed development site comprising building plots for three detached houses (1 x 3-bedroom house and 2 x 2-bedroom houses). One of the houses has been been partially built and has the roof on and windows/doors installed, foundations have been laid for the second house and excavated for the third house. The site is situated in a popular residential location and would be ideally suited to builders and developers.
The site is situated adjacent to no. 96 Fosseway in Clevedon in a popular residential location. A wide range of shops and other amenities are available within walking distance in Clevedon Town Centre. Easy access is also provide to Bristol and the South West via the M5 motorway.
The site has an extensive planning history and a number of amendments to the scheme have been made over the years. Details of the planning application history can be access by copying and pasting the following link: https://planning.n-somerset.gov.uk/online-applications/propertyDetails.do?activeTab=relatedCases&keyVal=OME0YM00DT006. All interested parties should make their own enquiries to satisfy themselves regarding the planning status.
GROSS DEVELOPMENT VALUE (GDV) -
We would anticipate the following resale values for the proposed houses:
3-BEDROOM DETACHED - £300,000
2-BEDROOM DETACHED - £275,000
2-BEDROOM DETACHED - £275,000
LOCAL AUTHORITY -
North Somerset Council.
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 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 (£1,200 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.