Land to Rear of 58, Grimsbury Road, Kingswood,
FOR SALE BY AUCTION
*** SOLD POST AUCTION ***
GUIDE PRICE £300K +++
SOLD POST AUCTION £335K
LOT NUMBER 21
Wednesday 21st February 2018
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
A Freehold parcel of land accessed from Grimsbury Road.
Located within the popular suburb of Kingswood. Local amenities and services including convenience stores and local retailers are all within walking distance. Bristol City Centre is approximately five miles away.
Planning has been granted to erect 3 Detached executive homes with gardens and garages.
We understand the resale value of each unit is in the region of £325,000
NOTICE OF DECISION
South Gloucestershire Council in pursuance of powers under the above mentioned Act hereby PERMIT:
DESCRIPTION OF DEVELOPMENT: Erection of 3 no detached dwellings with access and associated works.
APP REF: PK16/4380/F
DATE VALID: 9th August 2016
DECISION DATE: 6th November 2017
Full details of the planning granted and proposed elevations, floorplans etc can be downloaded with the online legal pack.
About this property:
Each of the houses once developed and presented to the rental market to a high standard would achieve a rental income of £1150 - £1200pcm.
If the room marked as the lounge in the floorplan were to be separated from the rest of the living area/kitchen the property could be let to sharers (subject to the necessary consents) in which case we would expect to achieve a rental income of between £1,850 and £1,950 (with bills being included in the rent).
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