A substantial detached building measuring approx. 1673sq ft located on Brislington Hill, Brislington. Previously arranged as a place of worship with rear court yard. Full planning consent has been granted for a change of use of a place of worship (Class F) to a ten-bedroom House in Multiple Occupancy (Sui Generis), subject to agreement of conditions. Each bedroom will measure between 9.8sqm - 13.3sqm as well as benefiting from their own en-suites. We understand the current owner has done extensive work on the property including the removal of a Victorian syphon and excavation work to make for a new kitchen area as per the plans. Once fully let we would anticipate a rental in the excess of £84,000pa.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 21 March 2024 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
SOLD PRIOR - MEETING HALL - PLANNING GRANTED FOR CONVERSION TO 10 BED HMO
DESCRIPTION -
A substantial detached building measuring approx. 1673sq ft located on Brislington Hill, Brislington. Previously arranged as a place of worship with rear court yard. Full planning consent has been granted for a change of use of a place of worship (Class F) to a ten-bedroom House in Multiple Occupancy (Sui Generis), subject to agreement of conditions. Each bedroom will measure between 9.8sqm - 13.3sqm as well as benefiting from their own en-suites. We understand the current owner has done extensive work on the property including the removal of a Victorian syphon and excavation work to make for a new kitchen area as per the plans. Once fully let we would anticipate a rental in the excess of £84,000pa.
LOCATION -
The property is situated on Church Hill in Brislington in a predominantly residential area. Easy access is provided to Bristol and Bath via the A4 Bath Road and a wide range of amenities are available locally.
PLANNING -
Full planning consent has been approved for the change of use of a place of worship (Class F) to a 10-bedroom House in Multiple Occupancy (Sui Generis) under Application No.22/01548/F, subject to approval of the planning conditions, which are currently in the consultation phase with the local council planning office. Please contact the office for further details.
ACCOMMODATION -
Please refer to floorplan for approximate room measurements and internal layout.
GROUND FLOOR - Approx. 1,041 sq ft (96.8 sq m) -
Comprising the main hall and toilet facilities.
BASEMENT - Approx. 614.44 sq ft (57.08 sq m) -
Comprising two rooms with access to the rear garden
COMPLETION -
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
TENURE -
We understand the property to be freehold. Please refer to the legal pack for confirmation on this.
LETTING - WHAT CAN MAGGS & ALLEN ACHIEVE FOR YOU? -
Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on 0117 9499000 or email lettings@maggsandallen.co.uk.
AUCTION OR BRIDGING FINANCE REQUIRED? -
Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on 0117 9734940 or email admin@maggsandallen.co.uk
BUYER'S PREMIUM -
Please be advised that all purchasers are subject to a £1,250 plus VAT (£1,500 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 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 (£1,500 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.
RENTAL ESTIMATES -
All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.
