DEVELOPMENT OPPORTUNITY / UNIQUE FAMILY HOUSE
A truly unique development opportunity, comprising a 3-bedroom, three storey period cottage with an enclosed central courtyard and an additional spacious workshop of approximately 596 ft². The property offers scope for a wide range of development opportunities including renovation as a single dwelling with an attached workshop space, connecting and converting the workshop into additional living space for the main dwelling or creating separate dwellings via the conversion of the workshop, subject to consents. An ideal opportunity for builders, developers or private buyers looking to create a unique and inspiring home.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 17 December 2024 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
SOLD FOR £398,000 - SUBSTANTIAL COTTAGE FOR RENOVATION WITH CENTRAL COURTYARD AND LARGE WORKSHOP - SCOPE FOR REDEVELOPMENT
DESCRIPTION -
A truly unique development opportunity, situated in the heart of Bedminster opposite the Robinson Building. The property is currently arranged to provide a 3-bedroom, three storey period cottage with an enclosed central courtyard and an additional workshop of approximately 596 ft². The cottage is in need of renovation throughout and offers scope to create a superb family home by converting the existing workshop and incorporating it into the living accommodation. Alternatively, the workshop offers potential for conversion into a sperate mews house or two flats, all subject to planning consent. An ideal opportunity for builders, developers or private buyers looking to create a unique and inspiring home.
LOCATION -
The property is situated on Norfolk Place, opposite the Robinson Building in Bedminster. There is a pedestrian walkway providing access on foot to East Street and North Street, which offer a wide range of local shops and restaurants. Easy access is alos provided to Bristol city centre and Bristol Temple Meads train station.
ACCOMMODATION -
Please refer to floorplan for approximate room measurements and internal layout.
COTTAGE -
The ground floor accommodation comprises of a large open-plan kitchen/diner and two reception rooms. A turned staircase leads up to the first floor, which provides three bedrooms and a large family bathroom. The basement level is accessed via stairs from the kitchen/diner and provides an additional room with window, a potential shower room and a door out to the rear of the building.
WORKSHOP -
The spacious workshop measures approximately 596 ft² with a pitched roof and lots of natural light from Crittall windows on the north-eastern elevation. The workshop offers fantastic potential for conversion/redevelopment (subject to consents) or could be retained as a workshop or home office.
OUTSIDE -
There is a charming and enclosed central courtyard situated between the cottage and workshop with both a roller shutter door (allowing access for a vehicles) and a pedestrian door.
COMPLETION -
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: F
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 £1,500 plus VAT (£1,800 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 - £150,000: £5,000
£151,000 and above: £10,000
If you bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 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 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.
