Plot and House, 24, Shelley Close, St George, BS5 7HQ

FOR SALE BY AUCTION

*** SOLD PRIOR TO AUCTION ***

GUIDE PRICE £260,000 +++
SOLD FOR UNDISCLOSED AMOUNT PRIOR TO AUCTION

LOT NUMBER 29
Wednesday 19th July 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 PROPERTY

An end of terrace Freehold property occupying a prominent corner plot.
The existing property is arranged over two floors with open plan living space, kitchen, 3 Bedroom, 1 Bathroom and enclosed garden to rear + Garage.

LOCATION

Shelley Close is a quiet residential road located within the popular suburb of St. George. Local amenities and services are all within close proximity including the vibrant Church Road which offers an array of independent retailers, pubs, bars, cafes, restaurants and convenience stores. Bristol City Centre is approximately three miles away.

THE OPPORTUNITY

EXISTING HOUSE - 24 SHELLEY CLOSE

The existing 3 bedroom property has been recently let but is sold with vacant possession.
( Let until May 2017 @ £975 pcm )
Scope ( subject to consents ) to convert the attic to create further accommodation.
Garages accessed via secure electrically gated entrance

BUILDING PLOT

Planning has been granted on the adjacent corner plot to erect a three storey dwelling comprising open plan kitchen diner, WC, 2 bedrooms, Bathroom and 3rd attic bedroom with enclosed rear garden and garage accessed via secure electrically gated entrance.
Full building regulations approval
COMPLETED WORKS include - up to and including Damp Proof Course ( DPC ) and drainage with building regs sign off - refer to legal pack

NB - We understand most houses on the Rd are leasehold and our site is Freehold.

PLANNING GRANTED

Reference 15/06393/F
Alternative Reference PP-04621747
Application Received Fri 11 Dec 2015
Application Validated Tue 26 Jan 2016
Address 24 Shelley Close Bristol BS5 7HQ
Proposal Proposed two storey dwelling house.
Status Decided
Decision GRANTED subject to condition(s)
Decision Issued Date Thu 12 May 2016

PLANNING INFORMATION

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

NEW HOMES - GDV ADVICE

EXISTING PROPERTY

Requires some basic updating - resale value of £235,000 - £250,000

NEW BUILD

Resale Value of £250,000

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

RENTAL APPRAISAL

What rent can we achieve for you?

Piper Property are confident this property would make a good rental investment. Peter Stephenson of Piper Property suggests a rent in the region of:

The 3 bedroom house in existence would achieve circa £995pcm if offered to the market in good condition.
The new build 3 bedroom house, would achieve in the region of £1,050 - £1,100pcm.

If you would like to discuss more detail on the potential for rental, you can call me (0117 955 1817) or email (peterstephenson@piperproperty.co.uk) for a no obligation discussion.