An impressive and well-presented 4-bedroom detached house, set on a generous 0.2 acre plot with expansive wrap-around gardens. Offering ample space inside and out, the property features a private garage and a spacious driveway for convenient off-street parking. With exceptional potential for transformation, it presents an exciting opportunity for developers, investors, or private buyers. Whether converted into an HMO or redeveloped into a scheme of flats or houses (subject to the necessary consents), this property offers endless possibilities.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 20th March 2025 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
VIEWINGS -
By appointment.
SUMMARY -
SPACIOUS DETACHED 4-BEDROOM HOUSE ON A LARGE PLOT WITH SCOPE FOR REDEVELOPMENT
DESCRIPTION -
A substantial and well-presented 4-bedroom detached house occupying a generous plot of approximately 0.2 acres, which includes extensive wrap-around gardens, a garage and a driveway providing off-street parking. The property offers potential for conversion to an HMO or the whole site could be redeveloped to provide a scheme of flats or houses, subject to obtaining the necessary consents. A superb opportunity for developers, investors and private buyers alike.
LOCATION -
The property is situated at the north-eastern end of Copley Gardens, a residential cul de sac in Lockleaze off Constable Road. Easy access is provided to a range of local amenities on Gainsborough Square and the popular Trinity Academy is just 0.14 miles away.
ACCOMMODATION -
The ground floor accommodation comprises two reception rooms, a large open-plan kitchen/diner, an office/study, utility room and cloakroom. On the first floor there are four double bedrooms and a family bathroom.
Please refer to floorplan for approximate room measurements and internal layout.
HMO & DEVELOPMENT POTENTIAL -
The property offers scope for conversion into a large HMO (6 or 7 bedrooms), subject to consents. There is also potential to demolish the existing house and redevelop the site to provide a scheme of 3-4 smaller houses or 6-8 flats, again subject to obtaining the necessary planning consents.
TENURE -
The property is for sale on a freehold basis with vacant possession.
COMPLETION -
Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
ENERGY PERFORMANCE CERTIFICATE (EPC) -
Rating: C
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
*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.
