POTENTIAL BUILDING PLOT WITH SCOPE FOR A DETACHED HOUSE
A level parcel of land measuring approximately 342 m² offering potential for the erection of a detached house, subject to obtaining the necessary planning consent. The site is nestled in a peaceful cul-de-sac in Failand, offering excellent access to the countryside, Clifton and Bristol city centre. A superb opportunity for builders, developers and self-builders to create a superb family home in this sought-after location.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 20 March 2025 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
POTENTIAL BUILDING PLOT WITH SCOPE FOR A DETACHED HOUSE
DESCRIPTION -
An exceptional opportunity to acquire a prime building plot of approximately 342 m², perfect for the construction of a bespoke detached home (subject to the necessary planning consents). Nestled in a quiet cul-de-sac in the desirable village of Failand, this level site offers the ideal balance of tranquility and convenience, with easy access to picturesque countryside, Clifton, and Bristol city centre. A fantastic prospect for developers, builders, and self-build enthusiasts looking to create a stunning family residence in a highly sought-after location.
LOCATION -
The land is situated adjacent to no. 6 Bowden Way and benefits from road frontage onto the cul de sac. Offering a rural feel with superb access, Failand itself offers a range of amenities, including a café and farm shop, a traditional pub, a village hall, a cricket pitch, and a church. Just 2 miles away, Long Ashton Village adds further convenience with its selection of shops and recreational facilities.
Located approximately 3.5 miles from the iconic Clifton Suspension Bridge, designed by Isambard Kingdom Brunel, this historic landmark provides direct access to Clifton Village, renowned for its stylish boutiques, trendy bars, and diverse restaurants, as well as its proximity to Bristol’s vibrant city centre.
PLANNING -
The site is not offered for sale with any planning approvals in place although we understand from the sellers that a previous planning consent may have been granted historically. The site offers potential for the erection of a detached house, subject to obtaining the necessary planning consents. Interested parties should make their own enquiries with the local planning authority to establish the suitability of their intended scheme.
GROSS DEVELOPMENT VALUE (GDV) -
If planning consent can be obtained for the erection of a detached house, we would anticipate a GDV in the region of £650,000 - £750,000 depending on the size of the house and number of bedrooms.
LOCAL AUTHORITY -
North Somerset Council.
COMPLETION -
Completion for this lot will be 6 weeks from exchange of contracts or sooner by mutual agreement.
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.
