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2 bedroom detached house for sale
Development Opportunity | Dursley
£150,000
Development Opportunity | Dursley
£150,000
Our Summary
- Hollis Morgan – NOVEMBER LIVE ONLINE AUCTION – A Freehold DEVELOPMENT OPPORTUNITY with PLANNING for RESI CONVERSION | 2 x 1 BED FLATS with PARKING close to town Centre
- For Sale By Live Online Auction - ADDRESS | 5A Water Street, Dursley, Gloucestershire GL11 4JG Lot Number TBC*** PLEASE NOTE NEW AUCTION START TIME - NOW 12:00 ***The Live Online Auction is on Wednesday 19th November 2025 @ 12:00Registration Deadline is on Friday 14th November 2025 @ 17:00The 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”Guide Price Range - The vendors have issued a guide price range of £150,000 - £200,000 for this lot
- Tenure - Freehold EPC - TBCThe Opportunity - RESI DEVELOPMENT | FLAT CONVERSION The property has planning granted for a residential development
- 25/0398/CPE ) planning was sought and granted for the principle of residential development
- 25/0592/FUL ) was then sought for a first floor extension and external staircase to allow for a development of 3 large flats
- FOR SALE BY ONLINE AUCTION
- FREEHOLD DEVELOPMENT OPPORTUNITY
- NOVEMBER LIVE ONLINE AUCTION
Description
This is a freehold development opportunity in Dursley, Gloucestershire, comprising a detached stone-built warehouse with off-street parking. The property has planning permission for a residential conversion, with a previous application granted for a first-floor extension and external staircase to create three large flats. Although the initial application was refused, a new application is currently pending, seeking to create two flats within the existing footprint of the building, with one parking space per flat. The guide price range for the property is £150,000 to £200,000, and the vendors estimate a gross development value of £380,000. The property is located in a quiet spot, just moments from the town center, with excellent transport connections to Bristol and Gloucester. The auction will be held live online on November 19th, with a registration deadline of November 14th.