223, Filton Avenue, Horfield, BS7 0AY
UNDER OFFER, £300,000


Key Features

  • DEVELOPMENT OPPORTUNITY
  • POTENTIAL INCOME £60K
  • PLANNING GRANTED 10 BED
  • RETAIL UNIT
  • BUILD TO LET

THE PROPERTY

A mid terrace Freehold mixed use property comprising a retail unit and workshop on the ground floor and one bedroom flat on the first floor.
Vehicular access to the rear and sold with vacant possession.

LOCATION

Prominent position with local shops adjacent and excellent transport links to UWE and Bristol University.
Large employers such as MOD, Southmead Hospital, BAE Systems and Rolls Royce are close by and it is a short distance to Filton Abbey Wood Train Station.
The vibrant Gloucester Road is within walking distance and offers an array of independent retailers, pubs, bars and restaurants whilst Bristol City Centre is approximately three miles away. Transport links via the M32 and Bristol Temple Mead are also easily accessible

THE OPPORTUNITY

BUILD TO LET - HIGH YIELDING OPPORTUNITY

Planning has been granted to develop the existing Freehold vacant unit into a purpose build 10 bedroom, 4 bathroom HMO investment property.
Additional ground floor retail unit.

We understand the rooms would achieve in the region of £450 pcm for the student market and potentially higher for professionals.
£4,500 pcm
£54,000 pa

The Retail unit would achieve £6k - £8k pa.

TOTAL POTENTIAL INCOME £60k pa

PLANNING GRANTED

Decision : GRANTED subject to condition(s)
Application no: 17/04386/F
Type of application: Full Planning
Site address: 223 Filton Avenue, Bristol, BS7 0AY
Description of development: Refurbishment and extension of existing property to provide use class A1 at ground floor (front) and sui generis use at ground floor (rear) and first floor comprising 10 bedroom House in Multiple Occupation with shared bathrooms and Living spaces.
Applicant: BDB Property Ltd
Agent: Angus Meek Architects Ltd
Committee/delegation date: 21.02.18
Date of Notice: 21.02.18


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