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Plot for sale

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Plot for sale

Freehold Block | Bonus Plot + Basement | BS34
£595,000

Our Summary

  • Hollis Morgan – SEPTEMBER LIVE ONLINE AUCTION – A Freehold PERIOD BLOCK OF 5 x FLATS ( 2889 Sq Ft ) with scope for £60,000 + pa INCOME | Bonus BUILDING PLOT and BASMENT with RESI PLANNING
  • For Sale By Live Online Auction - ADDRESS | The Old Dairy, Stoke Lane, Stoke Lodge, Bristol BS34 6DULot Number TBCThe Live Online Auction is on Wednesday 17th September 2025 @ 17:30Registration Deadline is on Monday 15th September 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer
  • Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”The Property - A Freehold period property ( 2889 Sq Ft ) occupying a large plot with gated access and multiple off street parking spaces
  • The accommodation is arranged over 3 floors as 5 self contained one bedroom flats with an undeveloped basement and building plot to the side
  • Sold subject to existing tenanciesTenure - FreeholdCouncil Tax - IEPC - D | E | D | E | DThe Opportunity - RESIDENTIAL INVESTMENT | 5 X FLATSThe property is arranged as 5 self contained 1 bedroom flats with scope for an income of circa £60,000 pa
  • PLANNING GRANTED | 2 BEDROOM HOUSEPlanning consent ( P23/01742/F ) was granted to erect a semi detached 2 bedroom house with parking and use of communal gardens
  • PLANNING GRANTED | BASEMENT CONVERSIONPlanning consent ( P23/01782/F ) was granted to convert the existing basement into a self contained flat
  • Planning Granted - House - ReferenceP23/01742/FAlternative ReferencePP-12191113Application ReceivedTue 30 May 2023Application ValidatedTue 30 May 2023AddressThe Old Dairy Stoke Lane Patchway South GloucestershireProposalErection of two storey extension to form 1no
  • StatusDecidedDecisionApprove with ConditionsDecision Issued DateFri 25 Aug 2023Appeal StatusUnknownAppeal DecisionNot AvailablePlanning Granted - Basement - ReferenceP23/01782/FAlternative ReferencePP-12190147Application ReceivedMon 05 Jun 2023Application ValidatedMon 05 Jun 2023AddressThe Old Dairy Stoke Lane Patchway South Gloucestershire BS34 6DUProposalConversion of existing basement area to form 1no additional flat
  • FOR SALE BY LIVE ONLINE AUCTION
  • SEPTEMBER LIVE ONLINE AUCTION

Description

This is a freehold period block of five self-contained one-bedroom flats, located in Stoke Lodge, Bristol, with a total floor area of 2889 square feet. The property has a large plot with gated access and multiple off-street parking spaces. The flats are currently let on AST rental contracts, but some of the rents are below market value, with potential for an income of around £60,000 per annum. Planning permission has been granted for a semi-detached two-bedroom house and a basement conversion, offering further development opportunities. The property is being sold subject to existing tenancies, and the auction is scheduled for September 17th, 2025, with registration deadline on September 15th, 2025.