An end-of-terrace office property with full planning consent for demolition and the erection of a new two-bedroom, three storey townhouse, located in the highly sought-after area of Southville.
The existing property comprises ground floor office space with a WC and a useful storage basement below. A superb opportunity for builders and developers to create a unique dwelling in a prime location in Southville, with an anticipated GDV in the region of £425,000.
Ideally positioned close to North Street, Wapping Wharf, Bristol Harbourside and Bristol City Centre, the area remains highly popular with professionals, families and investors.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 25 June 2026 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
END-TERRACED OFFICE WITH FULL PLANNING CONSENT FOR DEMOLITION AND THE ERECTION OF A NEW 2-BEDROOM TOWNHOUSE
DESCRIPTION -
A rare development opportunity in the heart of Southville. This end-of-terrace office premises benefits from full planning permission for demolition and the construction of an attractive three-storey, two-bedroom townhouse.
The current accommodation comprises ground-floor office space with WC facilities and a useful basement storage area. Offering exceptional potential for developers, investors and self-build buyers alike, the scheme presents the chance to create a distinctive contemporary home in one of Bristol’s most desirable residential locations. The completed property is anticipated to achieve a Gross Development Value (GDV) in the region of £425,000.
Perfectly situated within easy reach of North Street, Wapping Wharf, Bristol Harbourside and Bristol City Centre, the property enjoys access to an outstanding range of independent shops, cafés, restaurants and leisure amenities. Southville continues to be one of Bristol’s most sought-after neighbourhoods, attracting professionals, families and investors seeking a vibrant urban lifestyle.
LOCATION -
Situated on Islington Road in the highly sought-after area of Southville, the property occupies a prime location within one of Bristol’s most vibrant and desirable districts. Southville is renowned for its mix of independent shops, cafés, restaurants, making it popular with professionals, families and investors alike.
The property is conveniently positioned close to North Street, Wapping Wharf and Bristol Harbourside, with Bristol City Centre easily accessible on foot, by bicycle or public transport. Excellent road links and nearby Temple Meads railway station provide strong connectivity, while the area’s blend of residential charm and urban convenience continues to drive strong demand for property.
PLANNING -
Planning application was granted on 5 July 2024 under Application Number 23/01203/F for the demolition of existing and erection of a 2 and 1/2 storey 2 bedroom dwelling.
PROPOSED HOUSE - 92.2 M² -
The proposed townhouse will comprise a modern open-plan living/kitchen/dining room on the ground floor with a utility room, WC and store in the existing basement level. The first floor will provide a double bedroom and bathroom, and the top floor will comprise the second bedroom.
COMPLETION -
Completion for this lot will be 8-weeks from exchange of contracts or sooner by mutual agreement.
TENURE -
Please refer to the auction legal pack for confirmation.
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 your 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.
SITE PLAN -
The site plan is provided for indicative purposes only, please refer to the title plan within the legal pack for confirmation of the site boundaries.
RENTAL & SALES ESTIMATES -
All rental and sales estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.
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
