The Kaleidoscope Building, Land to the South Side of Herbert St, Bedminster, BS3 4EY
FOR SALE, £500,000


Key Features

  • LANDMARK BUILDING
  • BLOCK OF 9 FLATS
  • CLOSE TO CITY CENTRE
  • GDV £2.2m - £2.425m
  • OUTSTANDING CITY VIEWS

THE LAND

A Freehold former car park with road frontage onto Herbert Street.

LOCATION

East street is a popular pedestrianised High 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.

THE OPPORTUNITY

*** DELAY WITH PLANNING DECISION - OFFERS SUBJECT TO PLANNING INVITED IN THE INTERIM ***

Planning is being sought ( Decision due from Bristol City Council July 14th ) to erect a landmark flat development scheme ( The Kaleidoscope Building ) comprising 9 units over 9 Floors with outstanding City Views.

5 x 2 Bedroom Flat with Balcony - £250,000 - £275,000
2 x 1 Bedroom Flats with Balcony - £200,000 - £225,000
2 x 2 Bedroom Duplex with Garden - £275,000 - £300,000

GDV £2.2m - £2.425m

PLANNING ( DECISION DUE 14TH JULY )

Reference 17/02794/F
Alternative Reference PP-06082967
Application Received Fri 19 May 2017
Application Validated Fri 19 May 2017
Address Land On South Side Of Herbert Street Bedminster Bristol
Proposal Proposed development to provide 9no. one and two bedroom single level and duplex apartments with associated shared facilities, secure cycle storage and waste storage with re-cycling provision.
Status Pending consideration

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

RENTAL APPRAISAL

Having determined this property’s viability for investment, we are pleased to offer our services to investors that are interested in purchasing the land to the rear of 86 East Street.

The Bristol Residential Letting Co. is one of the largest independent letting & property management companies specialising in the City of Bristol. As well as letting and management, we advise investors on potential investment opportunities. We identify investment properties for current landlords/investors and advise investors like you on the suitability of a property for the Bristol professional rental market.

Having been operating for 10 years, we now have 2 thriving branches. Our Clifton based branch covers the North of the City, while our Southville based branch covers the South of the City. By covering the majority of Bristol, we have become experts in our City.

What rent can we achieve for you?
The Bristol Residential Letting Co. are confident this would make a good rental investment. Josh Box of The Bristol Residential Letting Co suggests a rent in the region of:

1 bedroom flat with balcony - £775pcm
2 bedroom flat with balcony - £950pcm
2 bedroom duplex with garden - £975pcm

If you would like to discuss more detail on the potential for rental, you can call me (0117 370 8818) or email (josh@bristolreslet.com) for a no obligation discussion. Alternatively why not drop into my Office (222 North Street, Southville, BS3 1JD) where I am always happy to advise investors on maximising their investment.


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