Development Site 50 - 52, Sussex Place, St Werburghs, BS2 9QP
SOLD, £480,000


FOR SALE BY AUCTION

*** SOLD @ AUCTION ***
GUIDE PRICE - £465K +++
SOLD @ £480K

LOT NUMBER 14
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 LAND

A prominent corner parcel of land recently trading as a petrol station ( 6197 Sq Ft ) but sold with vacant possession.

LOCATION

Sussex Place is a popular residential terrace located within the cultural suburb of St. Werburghs. Convenience stores and other local amenities are nearby as well as the ever popular Gloucester Road which boasts an array of independent retailers, pubs, bars, cafes and restaurants. Bristol City Centre is less than two miles away.

THE OPPORTUNITY

Planning has been granted to demolish the existing petrol station and erect a stylish scheme of 6 townhouses.

Unit 1 – 3 Bed, 3 Bath with Garden ( 965 Sq Ft ) £355,000 - £370,000
Unit 2 - 3 Bed, 3 Bath with Courtyard ( 965 Sq Ft ) £350,000 - £365,000
Unit 3 - 3 Bed, 3 Bath with Courtyard ( 965 Sq Ft ) £350,000 - £365,000
Unit 4 - 3 Bed, 2 Bath with Garden ( 965 Sq Ft ) £350,000 - £365,000
Unit 5 - 2 Bed, 2 Bath with Courtyard ( 912 Sq Ft ) £325,000 - £340,000
Unit 6 - 2 Bed, 2 Bath with Courtyard ( 912 Sq Ft ) £325,000 - £340,000

GDV £2.05m - £2.145

PLANNING GRANTED

Decision : GRANTED subject to condition(s)
Application no: 16/04419/F
Type of application: Full Planning
Site address: Seven Ways Service Station, Sussex Place, Bristol, BS2 9QP
Description of development: Demolition of existing Filling Station and erection of six two and three bedroom dwelling houses with cycle parking.
Applicant: Mr Michael Touzalin
Agent: John Thompson Architects Ltd
Committee/delegation date: 18.10.16
Date of Notice: 18.10.16

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

PLANNING DETAILS ETC

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

RENTAL APPRAISAL

What rent can we achieve for you?

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:

3 Bedroom townhouses – £1300pcm - £1400pcm

If you would like to discuss more detail on the potential for rental, you can call me (0117 370 8818) or email (don@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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