Butt Lane, Thornbury, Bristol

Guide Price £575,000 - For Sale

  • For Sale By Public Auction
  • Tuesday 8th February 2022
  • Remote Online, Proxy & Telephone Auction
  • Legal Packs via our website

PLANNING GRANTED FOR 3 DETACHED HOUSES A level development site of approximately 0.38 acres with full planning consent granted for the erection of three substantial detached houses with double garages, parking and gardens (2 x 4-bedroom houses and 1 x 5-bedroom house). The site is situated in a delightful semi-rural location in Thornbury and offers developers and builders the opportunity to create an exclusive development of three impressive family dwellings. Easy access is provided to a wide range of local amenities in the centre of Thornbury.

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 8th February 2022 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWING -

By appointment

SUMMARY -

8 FEBRUARY AUCTION - DEVELOPMENT SITE WITH PLANNING FOR 3 DETACHED HOUSES

DESCRIPTION -

A level parcel of land measuring approximately 0.38 acres, previously forming part of the garden to the adjoining property, Ringtail Cottage. Full planning consent has been granted for the erection of three large detached houses (2 x 4-bedroom houses and 1 x 5-bedroom house), all with detached double garages and good-sized gardens. An ideal opportunity for builders and developers.

LOCATION -

The site is situated adjacent to Ringtail Cottage on Butt Lane in Thornbury, a popular market town in South Gloucestershire, approximately 12 miles north of Bristol. A wide range of local amenities are available on Thornbury High Street and excellent transport links are provided to Bristol and the motorway network via the A38.

PROPOSED HOUSES -

The proposed houses have been tastefully designed to create an exclusive development of detached family dwellings. Houses 1 & 2 will comprise of an entrance hall, living room, snug, an open-plan kitchen/diner (with tri-fold doors onto the rear garden) and a utility room on the ground floor with 4 double bedrooms (two with en-suites) and a family bathroom on the first floor. House 3 will comprise of a similar ground floor layout (slightly larger) with 5 bedrooms (two with en-suites) and a family bathroom on the first floor.

SCHEDULE OF ACCOMMODATION -

HOUSE 1: 167 sq m (1,797 sq ft)
HOUSE 2: 167 sq m (1,797 sq ft)
HOUSE 3: 186 sq m (2,001 sq ft)

GROSS DEVELOPMENT VALUE (GDV) -

We would anticipate a GDV in the region of £1,925,000 (4-beds @ £625,000 and 5-bed @ £675,000).

PLANNING -

Application No. -

P21/02980/F.

Description of Development -

Erection of 3 no. Dwellings with associated works.

Decision Date -

1st October 2021.

LOCAL AUTHORITY -

South Gloucestershire Council.

BUYER'S PREMIUM -

Please be advised that all purchasers are subject to a £1,200 plus VAT (£1,440 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 (£1,440 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.

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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.

Floorplan for Butt Lane, Thornbury, Bristol