Plot @ 98, Kings Parade Avenue, Clifton, BS8 2RE

FOR SALE BY AUCTION

*** SOLD PRIOR TO AUCTION ***

LOT NUMBER 27
Wednesday 22nd July 2015
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal packs will be available for inspection from 18:00.
The sale will begin promptly at 19:00

THE PLOT

A prime Freehold building plot positioned on a secluded Mews style street of similar properties in the Heart of Clifton.

LOCATION

Kings Parade Avenue is tucked in behind Whiteladies Road, the heart of Clifton boasting a vast array of local retailers, restaurants, bars and pubs all within walking distance whilst excellent transport links allow easy access to Bristol City Centre. University of Bristol and the Bristol Royal Infirmary are both within a mile.

THE OPPORTUNITY

A rare opportunity to construct a new build 3 bedroom detached mews house ( circa 1600 Sq Ft ) with roof terrace in this highly sought after residential location.

We would anticipate the resale value to range from £500,000 - £600,000

Ground floor
Bins Store – 9 sqm
Garage – 27.5sqm
Entrance Lobby/stair – 6sqm

First Floor (including stairs) – 66sqm
Second Floor (including stairs) 44sqm

FULL PLANNING GRANTED

Decision : GRANTED subject to condition(s)
Application no: 15/01326/F
Type of application: Full Planning
Site address: 98 Kings Parade Avenue, Bristol, BS8 2RE.
Description of development: Proposed dwelling house (Use Class C3), fronting King's Parade Avenue.
Agent: Aspect360 Ltd
Committee/delegation date: 15.05.15
Date of Notice: 15.05.15

PLANNING INFORMATION

Full details of all planning including elevations and floorplans can be downloaded with the online legal pack.

RENTAL APPRAISAL

Local letting experts Hopewell Properties say;

On inspection of the building plans for this proposed 3 bedroom detached mews, we believe that this particular property would suit investors looking for a property for the professional or family rental market. In particular the excellent location along with roof terrace and off street parking will suit a wide selection of potential tenants. Walking access to the amenities of Whiteladies road and Clifton Village along with easy access to the city centre places the house in a desirable area.
Having looked at various properties of similar size and value in the local area if the property was finished to a high standard a rental income of between £2100 and £2,500pcm could be achieved.

www.hopewellproperties.co.uk

VAT

VAT will be chargeable on the sales price unless the Buyer intends to build a dwelling on the land for his own use and not in the course or furtherance of any business carried on by the Buyer.

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 or not 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.