SUPERB DEVELOPMENT OPPORTUNITY
An attractive and imposing five-bedroom detached house in need of complete renovation occupying a generous plot of approximately 0.49 acres. The site offers great scope for redevelopment to provide additional houses, either in addition to the existing dwelling or by demolishing the current house, subject to consents. A rare opportunity for builders and developers in a prime location within close proximity to Blaise Castle Estate.
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 £1,050,000 - SUBSTANTIAL DETACHED HOUSE ON A 0.49 ACRE PLOT - SCOPE FOR ADDITIONAL HOUSES
DESCRIPTION -
An attractive and imposing five-bedroom detached house in need of complete renovation occupying a generous plot of approximately 0.49 acres. The site offers great scope for redevelopment to provide additional houses, either in addition to the existing dwelling or by demolishing the current house, subject to consents. Alternatively, the property could be refurbished to create one of the finest family residences in the area.
LOCATION -
The property is situated on Westbury Lane in the heart of Coombe Dingle. Situated just 450 m from the Grade II-listed parkland estate at Blaise, this location offers convenient access to local shops, bus routes, and nearby attractions. A short drive away, you'll find the vibrant Whiteladies Road, Shirehampton Road, and the charming Westbury-on-Trym village, all featuring a variety of independent shops, cafés, and restaurants.
EXISTING ACCOMMODATION -
The existing house offers spacious living accommodation on the ground floor comprising an impressive entrance hall. living room, drawing room, dining room, kitchen/diner, pantry and shower room. On the first floor there are five double bedrooms and a family bathroom.
Please refer to floorplan for approximate room measurements and internal layout.
DEVELOPMENT POTENTIAL -
This substantial site offers scope for residential development, subject to obtaining the necessary planning consents. Plans have been produced for a scheme of 8 houses (incorporating the existing house) although a scheme of 6 larger houses may be viable. Interested parties should make their own enquiries with the local planning authority.
COMPLETION -
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
LOCAL AUTHORITY -
Bristol City Council.
TENURE -
The property is for sale on a freehold basis with vacant possession.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: E
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.
