Plot @, Catherine Mead Street, Bedminster, BS3 1XH
SOLD, £625,000


FOR SALE BY AUCTION

*** SOLD PRIOR TO AUCTION ***

GUIDE PRICE £560,000 +++
SOLD PRIOR @ £625,000

LOT NUMBER 7
Thursday 6th April 2017
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 LAND

A Freehold parcel of land approximately 0.156 Acres in the heart of Bedminster on the corner of Herbert Street and Catherine Mead Street.

LOCATION

The land is close to East street with a wide range of retailers and traders serving the local area yet within one mile of the City Centre and close to North Street.

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

THE OPPORTUNITY

Full planning is expected to arrive on the 15th of March. With permission granted to erect 6 x 2 bedroom houses.
850 Sq Ft per unit.

We understand the resale values of each unit to be in the region of £300,000

GDV - £1.8m - £1.9m

PLANNING

Reference 17/00305/F
Application Received Wed 18 Jan 2017
Application Validated Wed 18 Jan 2017
Address Land On Corner Of Herbert Street And Catherine Mead Street Bristol
Proposal Erection of two blocks of terraced houses containing 6no. two-bedroom houses.
Status Decided
Decision GRANTED subject to condition(s)
Decision Issued Date Tue 14 Mar 2017
Appeal Status Unknown

PLANS AND DRAWINGS

Copies of all plans, elevations and decision notices can be downloaded with the online legal pack.

RENTAL APPRAISAL

The local lettings experts say:

The Bristol Residential Letting Co. are confident this development would make a good rental investment. Don McKeever of The Bristol Residential Letting Co suggests a rent in the region of £1100pcm for these 2 bed houses. If you would like to discuss more detail on the potential for rental, you can call Don (0117 370 8818) for a no obligation discussion. He will be very happy to advise on maximising the return on this property.

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