423, Whitehall Road, Whitehall, BS5 7BP

THE PROPERTY

ADDRESS | 423 Whitehall Road, Whitehall, Bristol BS5 7BP

A Freehold mixed use property occupying a prominent corner position in this popular location with excellent access to the City Centre. The accommodation is currently arranged as a ground floor retail unit with self contained flat on the first floor.
Sold with vacant possession.

Tenure - Freehold
Council Tax - A
EPC - E | C

THE OPPORTUNITY

14 BED | 8 BATH HMO

The property has planning granted ( 23/04178/F ) to convert and extend the existing mixed use property into a purpose built high yielding HMO ( 3218 Sq Ft ) with large communal reception area, 2 separate communal kitchen plus 14 beds and 8 bathrooms ( 5 Shared + 3 En Suite ) over 3 floors.
Outside are 4 parking spaces plus bike and bin stores.

POTENTIAL INCOME | £126k

There is scope for £750 pcm per room | £10,500 pcm | £126k pa once completed.
Please refer to independent rental appraisal

ALTERNATIVE SCHEME

There is scope for a range of residential and commercial uses subject to gaining the necessary consents.

PLANNING - CHANGE OF USE

Reference24/04145/COU
Alternative ReferencePP-13493605
Application ReceivedMon 21 Oct 2024
Application ValidatedMon 21 Oct 2024
Address423 Whitehall Road Bristol BS5 7BP
ProposalApplication to determine if prior approval is required for a proposed: Change of use from Commercial, Business and Service (Use Class E) to Dwellinghouses (Use Class C3) Town and Country Planning (General Permitted Development) (England) Order 2015 (as amended) - Schedule 2, Part 3, Class MA - Change of use to 1 No. Residential ground floor flat.
StatusDecided
DecisionPrior Approval GIVEN
Decision Issued DateThu 19 Dec 2024

PLANNING - 14 BED HMO

Reference23/04178/F
Alternative ReferencePP-12563066
Application ReceivedMon 30 Oct 2023
Application ValidatedMon 27 Nov 2023
Address423 Whitehall Road Bristol BS5 7BP
ProposalConversion and enlargement of existing building to create a large house in multiple occupation (Sui generis) comprising 14 bedrooms and associated works.
StatusDecided
DecisionREFUSED
Decision Issued DateMon 16 Dec 2024
Appeal StatusAppeal decided
Appeal DecisionAppeal Allowed

RENTAL APPRAISAL

423 Whitehall Road, Whitehall, BS5 7BP

We have carried out a rental appraisal for the above property as an investment and offer our service to landlords operating in the Bristol area.

Bristol Property Centre. Founded in 2011 by Ashley Day, BPC has grown to have over 400 properties under full management across the whole of Bristol. We also provide let only and rent collect service and can advise on all aspects of residential lettings.

Rental assessment

We have researched the market and believe this property could achieve a rental in the region of £600 to £800 per room Per calendar month this would be on a room by room basis and including bills. We have a very similar 14 bedroom house close-by which we can discuss as a case study.

If you would like a more in depth rental valuation or to arrange a meeting please contact Ashley Day on 0117 9073577 or email ashley@bristolpropertycentre.co.uk

LOCATION

Whitehall Road is one of the main link roads within Whitehall and provides direct access to the City Centre and St. Georges Park. Local amenities and services are all within close proximity including the vibrant Church Road which boasts an array of independent retailers, convenience stores, bars and restaurants. Bristol City Centre is approximately two miles away.

PROPERTY DETAILS DISCLAIMER

Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.