Development Site on Gloucester Road, Bishopston
MA

Development Site on Gloucester Road, Bishopston

By Maggs & Allen

£ 575,000

Reviews

3 out of 5 stars

Maggs & Allen says ..

A development site situated in a highly desirable location on Gloucester Road, Bishopston. Full planning consent has been granted for the demolition of the existing buildings and construction of a single residential blocking comprising a Sui Generiss HMO and a Use Class C1 aparthotel.

Property Oracle says ..

This property is a development site on Gloucester Road in Bishopston, Bristol. The listing indicates full planning permission for the demolition of existing buildings and construction of a mixed-use development comprising a Sui Generiss HMO and a Use Class C1 aparthotel. The site’s location is a significant advantage, situated on a popular road with a lively atmosphere and excellent amenities. Close proximity to highly-rated schools further enhances its appeal to families. The existing building appears dated and will require substantial work, if not complete demolition, before any new development begins. The size of the land is unclear, but aerial and ground photos suggest it’s a relatively modest plot for such a project. While the listing price of £575,000 may seem reasonable given the potential for a high-yield development in a desirable location, a detailed cost analysis will be needed to assess true value for money. The property presents both opportunities and challenges. Further investigation is needed to confirm the project’s viability and overall return on investment before committing to a purchase.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
9
Land
5
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
610,833.00 £
Decreased by 12.76 %
from 700,170.00 £
Average area rental value
1,853.00 £/mo
Decreased by 9.70 %
from 2,052.00 £/mo
Est rental Yield
3.64 %
Increased by 3.41 %
from 3.52 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Maggs & Allen created the listing.

Nearby Schools

NameTypeOfstedDistance
Bishop Road Primary SchoolCommunity SchoolOutstanding0.46 KM
Brunel Field Primary SchoolCommunity SchoolOutstanding0.80 KM
Sefton Park Junior SchoolCommunity SchoolGood0.92 KM
Sefton Park Infant SchoolCommunity SchoolGood0.92 KM
Ashley Down Primary SchoolCommunity SchoolGood0.96 KM

Images

1 - Main.jpg north elevationj prposed.jpg proposed east elevation.jpg proposed combined plans.jpg existing Plans.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Wesley Road £ 000.00 KM
Princes' Place £ 400,00000.00 KM
Wesley Road £ 895,00000.00 KM
Berkeley Court £ 725,00000.00 KM
Kent Road £ 870,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Montpelier3203MTP1.02 KM
Redland3247RDA1.40 KM
Clifton Down3202CFN2.77 KM
Stapleton Road3250SRD2.88 KM
Bristol Temple Meads3231BRI3.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
FLAT | REDUCED FOR AUCTION | HORFIELD £ 150,000BUY6 / 100.04 KM
Gloucester Road, Bishopston, Bristol £ 275,000BUY6 / 100.04 KM
Gloucester Road, Bishopston, Bristol £ 650,000BUY7 / 100.07 KM
Brynland Avenue, Bristol, BS7 £ 130,000BUY6 / 100.08 KM
Brynland Avenue, Bristol, BS7 £ 150,000BUYUnknown0.08 KM

Nearby Properties

AddressPriceDistance
251a Gloucester Road £ 635,0000.08 KM
241 Gloucester Road £ 503,5000.08 KM
235 Gloucester Road £ 290,0000.11 KM
11 Hatherley Road £ 431,0000.13 KM
15 Hatherley Road £ 235,0000.13 KM