Land off, Tabernacle Road, Hanham, Bristol, BS15 8DU

Auction Guide £575,000 - For Sale

  • For Sale By LIVE ONLINE AUCTION
  • Thursday 26th May 2022
  • Remote Online, Proxy & Telephone Auction
  • Legal Packs via our website



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FOR SALE BY AUCTION - DEVELOPMENT SITE WITH PLANNING GRANTED
A prime development site measuring approximately 0.37 acres, with full planning consent granted for the erection of 5 spacious modern houses with gardens and parking. The site is situated in a fantastic position just off the High Street in Hanham with easy access provided to a wide range of local amenities. A superb opportunity for developers and builders to create an exclusive housing development in this highly convenient location.

FOR SALE BY AUCTION -

This property is due to feature in our online auction on 26 May 2022 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.

VIEWING -

By appointment

SUMMARY -

PRIME DEVELOPMENT SITE - PLANNING GRANTED FOR 5 NEW HOUSES

DESCRIPTION -

A development site of approximately 0.37 acres with full planning consent granted and pre-commencement conditions discharged for the erection of 5 spacious modern houses (4 x 3-bedroom semi-detached houses and 1 x 3-bedroom detached house) with gardens and parking. The site offers a superb opportunity for developers and builders to create an exclusive housing development in this highly convenient location.

LOCATION -

The land is situated on Hanham High Street, just off the roundabout leading to Memorial Road with access via Tabernacle Road. A wide range of amenities are available locally on Hanham High Street and excellent transport links are provided to Bristol city centre and the A4174 Ring Road. The Magpie Bottom Nature Reserve is also within a few minutes walk.

PROPOSED HOUSES -

Houses 1, 2, 4 & 5:
Semi-detached houses of 112 sq m each and comprising of a spacious, open-plan kitchen/living/dining space and cloakroom on the lower ground floor. The upper ground floor will comprise of three spacious double bedrooms (master with en-suite) and a family bathroom.

House 3:
A detached house of 113 sq m comprising of a spacious, open-plan kitchen/living/dining space and cloakroom on the lower ground floor. The upper ground floor will comprise of three spacious double bedrooms (master with en-suite) and a family bathroom.

PLANNING -

Full planning consent was granted for the erection of 5no. dwellings with associated access, parking and landscaping on 11th January 2021 under Application No. P20/06621/F. The planning pre-commencement conditions 3, 4, 7, 14 & 15 have been discharged under Applications DOC21/00056 and DOC21/00290.

LOCAL AUTHORITY -

South Gloucestershire Council

GROSS DEVELOPMENT VALUE (GDV) -

We would anticipate a GDV in the region of £2,275,000 (£450,000 for each of the semi-detached houses and £475,000 for the detached house).

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.

Floorplan for LAND - PLANNING FOR 5 HOUSES - Tabernacle Road, Hanham, Bristol