A prime redevelopment opportunity comprising a substantial 5-bedroom semi-detached house (approx. 2,229 ft²), situated in a highly sought-after location in Bishopston. The property is in need of renovation and offers scope for conversion into two separate houses, various flats or a superb single family residence, subject to consents. There is a large garden to the rear with potential to extend and off-street parking for several vehicles at the front.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 18 September at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWING -
By appointment.
SUMMARY -
SUBSTANTIAL 5-BEDROOM SEMI-DETACHED HOUSE WITH HUGE SCOPE FOR REDEVELOPMENT
DESCRIPTION -
An exciting opportunity to transform this substantial 5-bedroom semi-detached property of approximately 2,229 ft², situated in a prime location in Bishopston between Gloucester Road and Horfield Common. In need of full renovation, the property presents outstanding potential - whether you're looking to create a luxurious single-family residence, convert into multiple flats, or develop two separate homes (subject to necessary consents).
Set on a generous plot, the house benefits from a spacious rear garden with scope to extend, as well as ample off-street parking at the front. A rare opportunity for developers, investors, or families seeking to design their dream home in this superb location.
LOCATION -
The property is situated on Ash Road in Bishopston, which runs between Maple Road and Gloucester Road. Easy access is provided to Horfield Common and a wide range of nearby independent shops, bars and restaurants.
ACCOMMODATION -
Please refer to floorplan for approximate room measurements and internal layout.
REDEVELOPMENT OPTIONS -
The property offers potential for a wide variety of redevelopment schemes (subject to consents) including:
- Conversion into two houses.
- Conversion into multiple flats.
- Conversion into a large HMO.
- Refurbishment as a substantial 5-bedroom family residence.
TENURE -
Please refer to the online legal pack for confirmation.
COMPLETION -
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: TBC
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 £1,800 plus VAT (£2,160 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 is £5,000.
If you bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 plus 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 within 5 working days.
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.
