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
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Metrics Year-on-Year
- Average area value
- 610,833.00 £Decreased by 12.76 %
- Average area rental value
- 1,853.00 £/moDecreased by 9.70 %
- Est rental Yield
- 3.64 %Increased by 3.41 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Maggs & Allen created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bishop Road Primary School | Community School | Outstanding | 0.46 KM |
| Brunel Field Primary School | Community School | Outstanding | 0.80 KM |
| Sefton Park Junior School | Community School | Good | 0.92 KM |
| Sefton Park Infant School | Community School | Good | 0.92 KM |
| Ashley Down Primary School | Community School | Good | 0.96 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wesley Road | £ 0 | 0 | 0.00 KM |
| Princes' Place | £ 400,000 | 0 | 0.00 KM |
| Wesley Road | £ 895,000 | 0 | 0.00 KM |
| Berkeley Court | £ 725,000 | 0 | 0.00 KM |
| Kent Road | £ 870,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Montpelier | 3203 | MTP | 1.02 KM |
| Redland | 3247 | RDA | 1.40 KM |
| Clifton Down | 3202 | CFN | 2.77 KM |
| Stapleton Road | 3250 | SRD | 2.88 KM |
| Bristol Temple Meads | 3231 | BRI | 3.29 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| FLAT | REDUCED FOR AUCTION | HORFIELD | £ 150,000 | BUY | 6 / 10 | 0.04 KM |
| Gloucester Road, Bishopston, Bristol | £ 275,000 | BUY | 6 / 10 | 0.04 KM |
| Gloucester Road, Bishopston, Bristol | £ 650,000 | BUY | 7 / 10 | 0.07 KM |
| Brynland Avenue, Bristol, BS7 | £ 130,000 | BUY | 6 / 10 | 0.08 KM |
| Brynland Avenue, Bristol, BS7 | £ 150,000 | BUY | Unknown | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 251a Gloucester Road | £ 635,000 | 0.08 KM |
| 241 Gloucester Road | £ 503,500 | 0.08 KM |
| 235 Gloucester Road | £ 290,000 | 0.11 KM |
| 11 Hatherley Road | £ 431,000 | 0.13 KM |
| 15 Hatherley Road | £ 235,000 | 0.13 KM |