DEVELOPMENT SITE | STOKES CROFT
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DEVELOPMENT SITE | STOKES CROFT

By Hollis Morgan Auctions

£ 100,000

Reviews

2 out of 5 stars

Hollis Morgan Auctions says ..

Hollis Morgan – OCTOBER LIVE ONLINE AUCTION – A Freehold DEVELOPMENT SITE with scope for a MIXED USE SCHEME subject to consents.

Property Oracle says ..

This property is a development site located in Stokes Croft, Bristol. Stokes Croft is a bustling area of Bristol renowned for its eclectic mix of independent shops, cafes, and street art. It’s a vibrant and culturally rich area with high demand for property. However, it’s also known for its high levels of foot traffic, and the site is adjacent to busy roads. Therefore, depending on the intended development, this could impact the desirability or livability of the final product. The site itself is currently vacant and requires extensive preparation before construction can commence, as evident from the photographic evidence presented. The land is uneven and contains debris. The absence of square footage details is notable; however, the aerial photography and site plan suggest a relatively small plot. The asking price of £100,000 for a development site within this location presents both opportunity and challenge. While the price may appear attractive initially, the costs associated with site preparation, planning permission, and construction are substantial factors to consider. The fact that there are other development sites around, including some for sale at similar prices, suggests that the price may be in line with the market for vacant sites. An investor must weigh the potential returns against the substantial investment required to complete a development project. Further detailed site investigation and professional planning advice are needed to fully assess the viability of this opportunity. Nearby amenities and transport links present a desirable location, yet the current condition of the site represents a significant hurdle to overcome. Therefore, the property’s appeal lies in its development potential rather than as a ready-to-occupy property.

Therefore, we give this property 4 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

Price
6
Condition
2
Location
7
Land
3
Bedrooms
0
Bathrooms
0

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Hollis Morgan Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
The Dolphin SchoolAcademy Sponsor LedGood0.44 KM
Montpelier High SchoolAcademy Sponsor LedOutstanding0.57 KM
St Paul'S Nursery School & Children'S CentreChildren's Centre0.59 KM
St Pauls Nursery School & Children'S CentreLocal Authority Nursery SchoolOutstanding0.61 KM
North Bristol Post 16 CentreSixth Form Centres0.96 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Stokes Croft £ 245,00000.00 KM
Carmen Beckford Street £ 000.00 KM
Cherry Lane £ 000.00 KM
North Street £ 000.00 KM
Armidale Avenue £ 260,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Montpelier3203MTP0.63 KM
Redland3247RDA1.19 KM
Bristol Temple Meads3231BRI1.79 KM
Clifton Down3202CFN2.42 KM
Bedminster3245BMT2.57 KM

Nearby Listings

AddressPriceScoreDistance
DEVELOPMENT SITE | STOKES CROFT £ 100,0004 / 100.00 KM
HMO INVESTMENT | £77K | BANKSY | BS1 £ 835,0004 / 100.02 KM
Carmen Beckford Street, Bristol, Somerset, BS1 £ 260,0005 / 100.14 KM
Ninetree Hill, Bristol, BS1 £ 575,0006 / 100.18 KM
Ducrow Court, St Pauls £ 205,0005 / 100.22 KM

Nearby Properties

AddressPriceDistance
70 Stokes Croft £ 37,5000.03 KM
93 Stokes Croft £ 121,0000.04 KM
58 Stokes Croft £ 30,0000.05 KM
1 City Road £ 60,0000.06 KM
7 Thomas Street £ 130,5000.08 KM