Listed for £160,000
February 17, 2026
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A superb opportunity for builders and developers to create two new homes in Patchway, with excellent access to local amenities, major employers, Bristol Parkway and the M4/M5, as well as Cribbs Causeway.
Location - The property is located in Patchway, close to local shops, schools and amenities. It offers excellent access to major employers including Airbus, Rolls-Royce and the MOD, along with strong transport links via Bristol Parkway and the M4/M5. Cribbs Causeway is also nearby for extensive retail and leisure facilities.
Planning - Full planning consent has been granted for the erection of 1 new dwelling and the brick cladding and extension of the existing dwelling - 81 Stroud Road (please see planning reference and details below).
PLANNING: Erection of 1 no. attached dwelling with associated works. Erection of single storey and two-storey rear extension to existing dwelling. Cladding of existing dwelling with red brick work (resubmission of P22/03828/F).
REFERENCE: P23/01869/F
GRANTED: 16 Nov 2023
LOCAL AUTHORITY: South Gloucestershire Council
Gross Development Value (Gdv) - We would anticipate resale values for each proposed house as below:
81 Stroud Road (3-Bedroom) - £335,000
81A Stroud Road (New Dwelling) - £275,000
GDV: £610,000
Tenure - Understood to be freehold. Please refer to the legal pack for confirmation.
Completion - Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement.
Site Plan - The site plan is provided for indicative purposes only, please refer to the title plan within the legal pack for confirmation of the site boundaries.
Energy Performance Certificate (Epc) - Rating: E
Letting - What Can Maggs & Allen Achieve For You? - Maggs & Allen's experienced letting team are happy to discuss the rental of this property and can advise on maximising the investment. We offer Full Management, Let Only and Rent Collection Services. Contact Jessica Archer and her team on or email .
Auction Or Bridging Finance Required? - Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on or email
Buyer's Premium - Please be advised that all purchasers are subject to a £1,800 plus VAT (£2,160 inc VAT) buyer’s premium payable upon exchange of contracts.
*Guide Price - Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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.
Proxy, Telephone & Online Remote Bidding - The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.
Preliminary Deposits - The Preliminary Deposit required for each lot you wish to bid for is £5,000.
If your bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 plus VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days.
Rental Estimates - All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase.