Substantial 3 bedroom detached bungalow in need of full renovation, set in a large and level plot approx. 0.2 acres in a quiet and sought after residential location in Yate. The bungalow boast three double bedrooms, two reception room, off-street parking and a garage. The current owners have obtained planning in principle for up to 2 dwellings.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 13 February 2025 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
DETACHED BUNGALOW SET IN A LARGE PLOT (APPROX 0.2 ACRES) - PLANNING IN PRINCIPLE FOR 2 DWELLINGS
DESCRIPTION -
Substantial 3 bedroom detached bungalow in need of full renovation, set in a large and level plot approx. 0.2 acres in a quiet and sought after residential location in Yate. The bungalow boast three double bedrooms, two reception room, off-street parking and a garage. The current owners have obtained planning in principle for up to 2 dwellings.
LOCATION -
Occupying a private position in the popular location of Goose Green, Yate, a quiet residential and sought after location. The town of Yate is located approximately 5.8 miles from the M4 Junction 18 and 11.3 miles from the centre of Bristol. It has a train Station with main line connection, modern cinema, refurbished leisure centre and large shopping centre which caters for all needs. From Yate there is easy access to the bustling market town High Street of Chipping Sodbury, surrounding countryside, the Cotswolds, Bath and Tetbury via the A46.
ACCOMMODATION -
The bungalow comprises of three double bedrooms, two reception rooms, kitchen, bathroom, utility room, sunroom/ conservatory and a garage.
Please refer to floorplan for approximate room measurements and internal layout.
PLANNING -
Permission in Principle was granted on 1 November 2024 for the erection of up to 2 dwellings under Application No. P24/01736/PIP.
Local Authority: South Gloucestershire Council.
OUTSIDE -
Large and level plot approx. 0.2 acres, with the garden wrapping around the property to the front, side and rear. There is also a private driveway which accommodates circa 2 vehicles.
COMPLETION -
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: E
TENURE -
Please refer to the Legal Pack.
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 £1,500 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.
