5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

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

Our Summary

  • 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
  • please visit the Hollis Morgan auction website and click
  • 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

Description

A period block of five self-contained one-bedroom flats is up for sale by live online auction on September 17th, 2025. The property, which occupies a large plot with gated access and multiple off-street parking spaces, has a total floor area of 2889 square feet and is currently let on AST rental contracts. The flats are situated in Stoke Lodge, a popular residential area with excellent local amenities, and have a scope for an income of circa £60,000 per annum. The property also benefits from a bonus building plot and basement with residential planning consent, providing an opportunity to further develop the site. The current rent schedule is £800-£1000 per month, with some of the rents below market value. Potential buyers can register to bid online and choose to bid by telephone, proxy, or via their computer.