99 - 101, Clouds Hill Road, St. George, BS5 7LG

FOR SALE BY AUCTION

*** SOLD @ HOLLIS MORGAN JULY AUCTION ***

GUIDE £300,000 +++
SOLD @ £330,000

LOT NUMBER 17
Wednesday 31st July 2019
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal Pack Room and Registration will be open from 18:15
The sale will begin promptly at 19:00

THE PROPERTY

A Freehold pair of terraced houses occupying a 0.13 acre site with road frontage onto Holmes Hill Road.
Sold with vacant possession and we understand the house and gardens will be cleared - please refer to legal pack.

LOCATION

Clouds Hill Road is 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

NEW BUILDS TO REAR

We understand there is an opportunity for a new build residential development at the rear of the plot fronting Holmes Hill Road.
We would suggest buyers investigate the potential for a block of flats or terrace of houses.

RENOVATION OF EXISTING

The existing properties require complete modernisation but have huge potential for conversion back into a pair of terrace houses or conversion to multiple flats.

All Subject to consents.

PROFESSIONAL PLANNING APPRAISAL (PPA)

Stokes Morgan Planning Consultants have looked at the site and given an opinion on the development potential of the site.

Please click or paste the link below to view the Professional Planning Appraisal.

https://online.flippingbook.com/view/441663/

RENTAL APPRAISAL

What rent can we achieve for you?

The Bristol Residential Letting Co. are confident this property would make a good rental investment. Josh Box of The Bristol Residential Letting Co suggests a rent in the region of;

If converted back to a pair of 2x two bedroom houses;

£900pcm - £950pcm per unit

If converted to one and two bedroom apartments;

1 bed - £700pcm - £750pcm per unit

2 bed - £825pcm - £875pcm per unit

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.

I will look forward to hearing from you and helping you with your investment.

Yours faithfully,

Josh Box
Lettings Associate