INVESTMENT + DEVELOPMENT | BISHOPSTON
By Hollis Morgan Auctions
£ 635,000
Reviews
2 out of 5 stars
Hollis Morgan Auctions says ..
Hollis Morgan – NOVEMBER LIVE ONLINE AUCTION – A Freehold MIXED USE BLOCK ( 3590 Sq Ft ) comprising 4 x FLATS | Retail Unit + RESI DEVELOPMENT at rear | Potential INCOME £100k + pa
Property Oracle says ..
This property, located on Gloucester Road in Bishopston, presents a unique investment and development opportunity. Currently configured as a mixed-use building with a commercial space on the ground floor and residential units above, it requires extensive renovation throughout. The location is desirable, with close proximity to local amenities, schools, and transport links. However, the property’s current condition necessitates a significant investment to bring it up to modern standards. The lack of substantial land is also a factor to consider. The listing price reflects the property’s potential, but prospective buyers should carefully assess the renovation costs to determine its overall value.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 7
- Land
- 2
- Bedrooms
- 5
- Bathrooms
- 7
- Sqft (est)
- 1,890.68
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 %
- Est sale value
- 975,590.88 £Increased by 14.41 %
- Average area rental value
- 1,853.00 £/moDecreased by 9.70 %
- Est letting value
- 1,890.68 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.64 %Increased by 3.41 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Hollis Morgan Auctions created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bishop Road Primary School | Community School | Outstanding | 0.55 KM |
| Montpelier High School | Academy Sponsor Led | Outstanding | 0.89 KM |
| Brunel Field Primary School | Community School | Outstanding | 0.90 KM |
| Sefton Park Junior School | Community School | Good | 0.95 KM |
| Sefton Park Infant School | Community School | Good | 0.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Princes' Place | £ 400,000 | 0 | 0.00 KM |
| Berkeley Court | £ 725,000 | 0 | 0.00 KM |
| Wesley Road | £ 0 | 0 | 0.00 KM |
| Wesley Road | £ 895,000 | 0 | 0.00 KM |
| Kent Road | £ 870,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Montpelier | 3203 | MTP | 0.85 KM |
| Redland | 3247 | RDA | 1.23 KM |
| Clifton Down | 3202 | CFN | 2.63 KM |
| Stapleton Road | 3250 | SRD | 2.87 KM |
| Bristol Temple Meads | 3231 | BRI | 3.14 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| INVESTMENT + DEVELOPMENT | BISHOPSTON | £ 635,000 | BUY | 4 / 10 | 0.00 KM |
| Bolton Road, Bishopston, Bristol | £ 275,000 | BUY | 7 / 10 | 0.06 KM |
| Berkeley Road, Bishopston, Bristol | £ 285,000 | BUY | 6 / 10 | 0.12 KM |
| Princes Place, Bristol, BS7 | £ 750,000 | BUY | 7 / 10 | 0.13 KM |
| Gloucester Road, Bishopston, Bristol | £ 250,000 | BUY | Unknown | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 209 Gloucester Road | £ 1,210,000 | 0.04 KM |
| 213a Gloucester Road | £ 397,500 | 0.04 KM |
| 130 Gloucester Road | £ 375,000 | 0.05 KM |
| 124 Gloucester Road | £ 440,000 | 0.05 KM |
| 14 Bolton Road | £ 410,000 | 0.09 KM |