DEVELOPMENT SITE | EASTVILLE
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DEVELOPMENT SITE | EASTVILLE

By Hollis Morgan Auctions

£ 276,000

Reviews

2 out of 5 stars

Hollis Morgan Auctions says ..

Hollis Morgan – DECEMBER LIVE ONLINE AUCTION – A Freehold DEVELOPMENT SITE with LAPSED PLANNING for 4 X HOUSES.

Property Oracle says ..

This property is a freehold development site located in Eastville, Bristol, listed at £276,000. The site encompasses 685 sq ft of land and has lapsed planning permission for four houses. The location is convenient, being relatively close to Stapleton Road train station and several schools. However, the property’s proximity to a major road may be a drawback for some. The site itself is currently vacant and overgrown and requires extensive development. The nearby properties provide varied examples of homes in Eastville with varied price points. A significant investment and development risk is involved due to the lack of building and the need to secure updated planning permission. The proposed architectural drawings indicate a potential 4-unit build but do not indicate total size or potential sale value. Given the current state of the land and market conditions, the site holds potential but carries considerable risk and should be valued based on the full cost and complexity of development, including potential hurdles with planning permissions. Investors should carefully consider all associated costs and potential challenges before bidding.

Therefore, we give this property 5 / 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
4
Bedrooms
0
Bathrooms
0
Lot (est)
685.00

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
347,495.00 £
Increased by 4.36 %
from 332,967.00 £
Average area rental value
1,189.00 £/mo
Decreased by 23.64 %
from 1,557.00 £/mo
Est rental Yield
4.11 %
Decreased by 26.74 %
from 5.61 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Hollis Morgan Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
May Park Primary SchoolAcademy Sponsor Led0.43 KM
Glenfrome Primary SchoolCommunity SchoolGood0.61 KM
Colston'S SchoolOther Independent School0.91 KM
Bannerman Road Community AcademyAcademy Sponsor LedRequires improvement1.19 KM
Whitehall Primary SchoolCommunity SchoolOutstanding1.19 KM

Images

Open Space Adj To 69 Freemantle Road, Eastville, B Open Space Adj To 69 Freemantle Road, Eastville, B Open Space Adj To 69 Freemantle Road, Eastville, B Open Space Adj To 69 Freemantle Road, Eastville, B Open Space Adj To 69 Freemantle Road, Eastville, B Open Space Adj To 69 Freemantle Road, Eastville, B Open Space Adj To 69 Freemantle Road, Eastville, B Hollis Morgan Live Online Land and Property Auctio

Nearby Streets

NameAverage PriceAverage SqftDistance
Sandy Lane £ 000.00 KM
Heath Road £ 420,00000.00 KM
Coombe Road £ 000.00 KM
Cato Street £ 425,00000.00 KM
Chapel Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Stapleton Road3250SRD0.92 KM
Lawrence Hill3225LWH1.80 KM
Montpelier3203MTP3.14 KM
Filton Abbey Wood3235FIT3.47 KM
Bristol Temple Meads3231BRI3.56 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chisbury Street, Bristol £ 325,000BUY6 / 100.07 KM
Heath Street, Eastville, Bristol £ 325,000BUY7 / 100.13 KM
Coleridge Road, Bristol £ 325,000BUY5 / 100.14 KM
Coleridge Road, Bristol, BS5 £ 290,000BUYUnknown0.14 KM
Freemantle Road, BRISTOL, Avon, BS5 £ 360,000BUY6 / 100.17 KM

Nearby Properties

AddressPriceDistance
3 Chisbury Street £ 150,0000.08 KM
2 Chisbury Street £ 110,0000.08 KM
11 Chisbury Street £ 95,0000.08 KM
1 Chisbury Street £ 81,0000.08 KM
51 Heath Street £ 104,0000.12 KM