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Development Opportunity | Dursley

PROPERTY TYPE

Detached

BEDROOMS

2

BATHROOMS

2

SIZE

1,851 sq ft

172 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • FOR SALE BY ONLINE AUCTION
  • WEDNESDAY 15TH OCTOBER 2025
  • VIRTUAL TOUR NOW ONLINE
  • VIEWINGS – REFER TO DETAILS
  • DOWNLOAD FREE LEGAL PACK
  • OCTOBER LIVE ONLINE AUCTION
  • FREEHOLD DEVELOPMENT OPPORTUNITY
  • RESI CONVERSION | 2 FLATS
  • 2 X OFF STREET PARKING SPACES
  • EXTENDED 8 WEEK COMPLETION

Description

Hollis Morgan – OCTOBER 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

The Live Online Auction is on Wednesday 15th October 2025 @ 17:30
Registration Deadline is on Monday 13th October 2025 @ 16:00

The 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 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 - TBC

The Opportunity - RESI 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 | £380,000

Interested 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 Accomodation - FLAT 1 - 398 Sq Ft | £185,000
Private Entrance | Open Plan Kitchen Living Space | Bedroom | Shower Room | Off Street Parking

FLAT 2 - 430 Sq Ft | £195,000
Private Entrance | Open Plan Kitchen Living Space | Bathroom | Mezzanine Bedroom Space | Off Street Parking

Planning - Resi Conversion - ReferenceS.25/0398/CPE
Application ReceivedThu 27 Feb 2025
Application ValidatedThu 27 Feb 2025
Address5A Water Street Dursley Gloucestershire GL11 4JG
ProposalCertificate of lawfulness to demonstrate the use as a single dwellinghouse (Use Class C3).
StatusPermitted
DecisionPermission
Decision Issued DateTue 29 Apr 2025

Planning - First Floor | Refused - ReferenceS.25/0592/FUL
Application ReceivedWed 26 Mar 2025
Application ValidatedWed 23 Apr 2025
Address5A Water Street Dursley Gloucestershire GL11 4JG
ProposalErection of a first floor extension, insertion of new windows, and an external staircase.
StatusRefused
DecisionRefusal
Decision Issued DateTue 17 Jun 2025

Planning - Due Oct 1st - ReferenceS.25/1492/FUL
Application ReceivedWed 06 Aug 2025
Application ValidatedWed 06 Aug 2025
Address5A Water Street Dursley Gloucestershire GL11 4JG
ProposalReplacement of roof material and insertion of new fenestration.
StatusAwaiting decision
Appeal Status
Appeal Decision

Location - The 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 & Completion - EXTENDED COMPLETION

Completion is set for 8 weeks or earlier subject to mutual consent.

Important Auction Information - MATERIAL INFORMATION

Information 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.

VIEWINGS

Please 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 PACKS

Digital 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 PREMIUM

Please 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 PRICE

An 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 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.

PRE AUCTION OFFERS

Some vendors are willing to consider offers prior to the auction.
Pre auction offers can ONLY be submitted by completing the online PRE AUCTION OFFER FORM
The 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 PROCESS

The 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 Form
Stage 2 – Upload your certified ID
Stage 3 – Invitation to bid
Stage 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 VALUATIONS

If 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 LOANS

Some 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 VIDEO

We 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 YEAR

Hollis 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 for more details or the Hollis Morgan Charity Page of our website.

AUCTION PROPERTY DETAILS DISCLAIMER

Hollis 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.

Brochures

DEVELOPMENT OPPORTUNITY | DURSLEY Brochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Exempt
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

Development Opportunity | Dursley

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Get brand editions for Hollis Morgan Auctions Bristol & West Country, Bristol

About Hollis Morgan Auctions Bristol & West Country, Bristol

9 Waterloo Street, Clifton, Bristol, BS8 4BT

The Regions most successful Auctioneers since 2010

Since 2010 Hollis Morgan have been the most successful land and property auctioneers across the Region.

Famous for large public auctions our reputation was built on transparent, competitive bidding leading to some memorable results. As the industry has gone digital and we have adopted a monthly Live Online Auction platform which has proved to be a huge success for both buyers and sellers. Our core service retains all the benefits of a traditional auction but now, via a fully interactive live online saleroom with options to bid by telephone, proxy or online we can reach a national and international audience with this 21st century method of selling Land and Property.

  • Hollis Morgan sold the most ( £65.8m ) Land & Property by Auction in our region for the 15th year running
  • Hollis Morgan achieved a 97 % success rate on lots offered in 2024
  • 26% of all the regions auction lots were successfully sold by Hollis Morgan in 2024
  • Since 2010 Hollis Morgan have Sold More Lots by auction ( £595m ) than any other firm in the region - 61% more than our closest rival

*Source Essential Information Group 2024

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£861
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

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Disclaimer - Property reference 34127023. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hollis Morgan Auctions Bristol & West Country, Bristol. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hollis Morgan Auctions Bristol & West Country, Bristol on 0117 463 0219.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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