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8 bed property, in HORFIELD | FULL PLANNING | 6 x APARTMENTS, £450,000
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Land

HORFIELD | FULL PLANNING | 6 x APARTMENTS
Land Planning
£450,000

Our Summary

  • Hollis Morgan – LAND AND DEVELOPMENT - Development opportunity for 6 x APARTMENTS in popular area of HORFIELD in Bristol, with FULL PLANNING and potential to start on site this year
  • The Opportunity - Detailed planning was granted in May 2024 for 6 x one & two bedroom aparments over 3 floors
  • Guide Price of £400,000 to £500,000 Schedule Of Accomodation - Plot 1 1 Bedroom 581 SqFt Ground Floor Plot 2 1 Bedroom 753 SqFt Ground Floor Plot 3 2 Bedrooms 753 SqFt First Floor Plot 4 1 Bedroom 657 SqFt First Floor Plot 5 2 Bedrooms 797 SqFt Second Floor Plot 6 1 Bedroom 657 SqFt Second Floor Planning - Planning References - Bristol City Council - Full Application consent: 22/03444/F - Granted at Appeal on 15 May 2024 All plans available on the planning portal and within the Data Room Cil - The CIL liability for the site is £6,046

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Description

The property is a former garage workshop and commercial building located at 74 Oak Road, Horfield, Bristol, BS7 8RS. It has a detailed planning consent for the demolition of the partial existing building and the construction of 6 x one & two-bedroom apartments over 3 floors, with a total Gross Internal Area of 4,198 SqFt (excluding garages). The apartments have the following layout: Plot 1: 1 bedroom, 581 SqFt ground floor; Plot 2: 1 bedroom, 753 SqFt ground floor; Plot 3: 2 bedrooms, 753 SqFt first floor; Plot 4: 1 bedroom, 657 SqFt first floor; Plot 5: 2 bedrooms, 797 SqFt second floor; Plot 6: 1 bedroom, 657 SqFt second floor.

The property is a freehold site with a guide price of £400,000 to £500,000 and estimated GDV of £1,700,000.