St Saviours Hall, Woodfield Road, Redland, BS6 6JQ
UNDER OFFER, £540,000

THE PROPERTY

A detached period property ( 2023 Sq Ft ) arranged over two floors in a unique position just off Chandos Road.

LOCATION

Chandos is located in the heart of residential Redland which has a strong local identity with its own individual shops and restaurants. Whiteladies Road with its eclectic range of restaurants, boutiques, wine bars and shops and Clifton Down shopping centre are both within half a mile. Clifton Village and the University of Bristol are all within one and half miles. The City Centre is within two miles, with its array of business, educational, leisure, shopping and entertainment facilities, including the impressive new Cabot Circus shopping and lifestyle complex. Local bus routes are located on Hampton Road, and both Redland Green and Clifton Down railway stations are nearby. Redland also offers easy access to the M4 and M5 motorways.

THE OPPORTUNITY

The property would benefit from some basic updating but offers a range of opportunities in this highly sought after location.

CONTINUED COMMERCIAL USE
The property has most recently been used as a day nursery.

FLAT CONVERSION
Planning has been granted to convert the building into 2 x 2 Bed Flats.
Planning application reference 16/06673/F

FAMILY HOME
The property would make a quirky family home.

PLANNING GRANTED

Reference 16/06673/F
Alternative Reference PP-05682861
Application Received Thu 08 Dec 2016
Application Validated Thu 15 Dec 2016
Address St Saviours Hall Woodfield Road Bristol BS6 6JQ
Proposal Proposed change of use from nursery (Use Class D1) to 2 No. two bed flats (Use Class C3) and associated external alterations.
Status Decided
Decision GRANTED subject to condition(s)
Decision Issued Date Wed 15 Feb 2017
Appeal Status Unknown

PLANS AND DRAWINGS

Full details of the plans, decision notices and elevations can be downloaded with the online legal pack

NEW HOMES - GDV ADVICE

Please contact Calum Melhuish from the Hollis Morgan New Homes team to discuss GDV and details on this development.
0117 973 65 65
Calum@hollismorgan.co.uk

Calum suggests the resale value of the renovated flats will be in the region of £365,000 - £385,000 per unit.

RENTAL APPRAISAL

The Local Experts Clifton Rentals say;

An interesting lot with huge development potential. Located ideally in a popular area for both professional and student rentals. The proposed use as two 2 bedroom flats would ideally suit the professional market and would let easily as it would attract tenants working at BRI or Bristol University. If developed to a high standard the flats would market around £1500.00pcm each or £18000 p/a each.
There is also scope to develop as a student property – if relevant planning was successful – you could configure into a 6 -8 bed student property which due to its location would let easily. Each room would let for £525-£550pcm. For 6 bed return would be £3150- £4200pcm (£37800-£50400p/a)

If you have any questions or queries regarding this valuation please contact us on 0117 911 3423, 07854367689 or info@clifton-rentals.co.uk