£150,000
Est. Mortgage £685 per month*

2 bedroom detached house for sale

Development Opportunity Dursley, GL11
detached house detached house
bedrooms 2 bedrooms

Property description

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 AUCTIONADDRESS 5A Water Street, Dursley, Gloucestershire GL11 4JG Lot Number 42*** 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 RANGEThe vendors have issued a guide price range of ?150,000 - ?200,000 for this lot.THE PROPERTYA Freehold detached stone built warehouse ( 794 Sq Ft ) with off street parking located in a quiet spot yet just moments from the Town centre with excellent transport connections to Bristol and Gloucester. Sold with vacant possession. Tenure - Freehold EPC - TBCTHE OPPORTUNITYRESI DEVELOPMENT FLAT CONVERSION The property has planning granted for a residential development.In April 2025 ( S.25/0398/CPE ) planning was sought and granted for the principle of residential development.Planning ( S.25/0592/FUL ) was then sought for a first floor extension and external staircase to allow for a development of 3 large flats.This was refused in June 2025 ( but not appealed )Planning is now being sought ( S.25/1492/FUL ) with a decision due on October 1st to create 2 flats within the existing footprint of the building with one allocated parking space per flat. We understand the GDV is ?185,000 and ?195,000 ?380,000Interested parties may wish to appeal the refused consent ( S.25/0592/FUL ) for the original larger scheme.Alternatively the property may suit conversion into a single dwelling ( subject to any consents )PROPOSED SCHEDULE OF ACCOMODATIONFLAT 1 - 398 Sq Ft ?185,000Private Entrance Open Plan Kitchen Living Space Bedroom Shower Room Off Street ParkingFLAT 2 - 430 Sq Ft ?195,000 Private Entrance Open Plan Kitchen Living Space Bathroom Mezzanine Bedroom Space Off Street ParkingPLANNING - RESI CONVERSIONReferenceS.25/0398/CPEApplication ReceivedThu 27 Feb 2025Application ValidatedThu 27 Feb 2025Address5A Water Street Dursley Gloucestershire GL11 4JGProposalCertificate of lawfulness to demonstrate the use as a single dwellinghouse (Use Class C3).StatusPermittedDecisionPermissionDecision Issued DateTue 29 Apr 2025PLANNING - FIRST FLOOR REFUSEDReferenceS.25/0592/FULApplication ReceivedWed 26 Mar 2025Application ValidatedWed 23 Apr 2025Address5A Water Street Dursley Gloucestershire GL11 4JGProposalErection of a first floor extension, insertion of new windows, and an external staircase.StatusRefusedDecisionRefusalDecision Issued DateTue 17 Jun 2025PLANNING - DUE OCT 1STReferenceS.25/1492/FULApplication ReceivedWed 06 Aug 2025Application ValidatedWed 06 Aug 2025Address5A Water Street Dursley Gloucestershire GL11 4JGProposalReplacement of roof material and insertion of new fenestration.StatusAwaiting decisionAppeal StatusAppeal DecisionLOCATIONThe popular market town of Dursley provides a full range of day to day shopping, schooling and recreational facilities including supermarkets and leisure centre / swimming pool. Dursley offers excellent access to the larger centres of Bristol, Gloucester and Cheltenham via the A38 and M5 motorway network. There is also a train station at Box Road, Cam; serving Bristol and London (Paddington) via Gloucester.SOLICITORS & COMPLETIONRichard LloydTanners Solicitors LLP01285 659061rgl@tanners.co.ukhttps://www.tanners.co.uk/Completion is set for 8 weeks or earlier subject to mutual consent.IMPORTANT AUCTION INFORMATIONMATERIAL INFORMATIONInformation including utilities, Electricity supply, Water supply, Sewerage, Heating, Broadband, Mobile signal / coverage, Parking, Building safety, Restrictions and rights, Rights and easements, Flood risk, Erosion risk, Coastal erosion risk, Planning permission for proposal for development, Property accessibility / adaptations, Coalfield or mining area all of which will be supplied within the legal pack that can be accessed for free via the Hollis Morgan website or via your EIG account. VIEWINGSPlease submit a viewing request online and we will contact you to organise an appointment.We will send you an email and text to confirm the appointment time and the full property address.Viewings are supervised by a member of the Hollis Morgan Auction team who will meet you at the property.ONLINE LEGAL PACKSDigital Copies of the Online legal pack can be downloaded Free of Charge.Please visit the Hollis Morgan Website and select the chosen lot from our Current Auction List.Press the GREEN button to Download Legal Packs For the first visit you will be required to register simply with your email and a password.Having set up your account you can download legal packs or if they are not yet available, they will automatically be sent to you when we receive them.You will be automatically updated by email if any new information is added.There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when no further information is due to be added.*** STAY UPDATED *** By registering for the legal pack we can ensure you are kept updated on any changes to this Lot in the build up to the sale.BUYER S PREMIUMPlease be aware all purchasers are subject to a ?1,500 + VAT (?1,800 inc VAT) buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.GUIDE PRICEAn indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.RESERVE PRICEThe 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.PRE AUCTION OFFERSSome vendors are willing to consider offers prior to the auction.Pre auction offers can ONLY be submitted by completing the online PRE AUCTION OFFER FORMThe form can be found on the Hollis Morgan website on the individual auction property listing.Please note offers will not be considered until you have inspected the COMPLETE LEGAL PACK once it has been released.There will be a note added to the list to confirm AUCTION PACK NOW COMPLETE when our client s solicitor informs us no further information is due to be added.In the event of an offer being accepted the property will only be removed from the online auction and viewings stopped once contracts have successfully EXCHANGED subject to the standard auction terms and payment of the buyer s premium (?1,800 Inclusive of VAT) to Hollis Morgan.Contracts can be exchanged via the solicitors or at the Hollis Morgan offices by appointment only.REGISTRATION PROCESSThe registration process is extremely simple visit the Hollis Morgan auction website and click on the Register to Bid button.The Register to Bid button can be found on the auction home page or on the individual lot listings.Please note this function is not available on Rightmove or Zoopla.Stage 1 Complete the Online Bidding FormStage 2 Upload your certified IDStage 3 Invitation to bidStage 4 Pay your security deposit (?6,800)You are now ready to bid Good luck!If your bid is successful, the balance of the deposit monies must be transferred to our client account within 24 hours of the auction sale.If you are unsuccessful at the auction your holding deposit will be returned within 48 hours.SURVEYS AND VALUATIONSIf you would like to arrange a survey or mortgage valuation of this Lot BEFORE the auction, please instruct your appointed surveyor to contact Hollis Morgan and we will arrange access for them to inspect the property. Please note that buyers CANNOT attend the surveys and the surveyors are responsible for collecting and returning keys to the Hollis Morgan offices in Clifton.AUCTION FINANCE & BRIDGING LOANSSome properties may require specialist auction finance- please contact Hollis Morgan for access to expert advice and whole of market rates from our independent brokers.Hollis Morgan may receive introductory fees for this service from the broker.AUCTION BUYER S GUIDE VIDEOWe have short video guides for both buying and selling by Public Auction on the Hollis Morgan Website. If you have any further questions regarding the process, please don t hesitate to contact Auction HQ.2025 CHARITY OF THE YEARHollis Morgan is supporting Uncle Pauls Chilli Charity empowering socially disadvantaged people with barriers to learning &/or disabilities based in Butcombe, North Somerset, our land overlooks the Mendip Hills and Blagdon lake. There are three main areas of focus at Uncle Paul s Chilli Charity Education, Wellbeing and Social Prescribing visit www.chillicharity.org.uk/ for more details or the Hollis Morgan Charity Page of our website.AUCTION PROPERTY DETAILS DISCLAIMERHollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.

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First listed

Over a month ago

Development Opportunity Dursley, GL11

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Hollis Morgan 9 Waterloo Street,Clifton,Bristol,BS8 4BT
Call agent on 0117 973 65 65
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Hollis Morgan. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hollis Morgan for full details and further information.