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Studio, in Development Opportunity - Lodge Road, £850,000
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0 bed property

Development Opportunity - Lodge Road, Kingswood, Bristol BS15
Planning
£850,000

Our Summary

  • Superb opportunity for builders and developers
  • A superb opportunity to complete the conversion of a substantial former warehouse premises into 12 self-contained apartments (2 x one-bedroom apartments and 10 x studio apartments)
  • The new facade to the building, roof, internal walls and windows have been installed and the project now requires completing in order to create a superb development of apartments
  • With a potential rental income for the completed building in excess of £130,000 per annum and a gdv of circa £1,800,000, this is an ideal opportunity for builders and developers
  • DescriptionA superb opportunity to complete the conversion of a substantial former warehouse premises into 12 self-contained apartments (2 x one-bedroom apartments and 10 x studio apartments)
  • 4 m2PlanningPrior Approval was granted on 30 September 2020 for the conversion of the former warehouse under Application No

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Description

The property is a former warehouse premises with a substantial size potentially capable of being converted into 12 self-contained apartments, consisting of 2 one-bedroom apartments and 10 studio apartments. The building already has a new facade, roof, internal walls, and windows installed. The potential accommodation layout includes apartments ranging from 33.6 to 52.4 square meters in size, located on both ground and first floors.

The property's location is to the rear of 424 Soundwell Road with access from Lodge Road in Kingswood, offering easy access to local amenities and nearby commutes to Bristol City Centre and Bath.