Land @ 42 - 50, Ridgeway Road, Fishponds, BS16 3EA

FOR SALE BY AUCTION

*** SOLD @ AUCTION ***

GUIDE PRICE £130,000 +++
SOLD @ £160,000

LOT NUMBER 44
Wednesday 27th September
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal packs will be available for inspection from 18:00.
The sale will begin promptly at 19:00

THE LAND

Parcel of land with a workshop / office with vehicular access from Ridgeway Road.
Leasehold (virtual freehold) - Refer to Legal Pack

LOCATION

The plot is located on Ridgeway Road and benefits from being only a short distance from local shops, amenities and transport links on Fishponds Road. Set back off Ridgeway road the site offers a private location with potential views for the coach house and off street parking

THE OPPORTUNITY

OUTLINE PLANNING GRANTED

NEW BUILD
Rank of 3 garages with a 2 bed coach house above.
Resale Value of Coach House - £165,000

CONVERSION OF EXISTING WORKSHOP
Planning granted to convert the workshop into a Huge studio apartment
Resale value - £160k

ADDITIONAL OPPORTUNITIES SUBJECT TO PLANNING

We understand that subject to planning the 3 garages could be converted into an additional 2 bed flat
Resale Value - £165k

The large studio could be re arranged as a 1 bedroom flat

POTENTIAL SITE GDV

£490,000

PLANNING GRANTED

Decision : GRANTED subject to condition(s)
Application no: 16/00596/P
Type of application: Outline Planning
Site address: Land At The Rear, 42 - 50 Ridgeway Road, Bristol, BS16 3EA
Description of development: Outline application for the erection of 1 no. 2 bedroom flat above garages (Class C3) and the change of use of basement workshop space (Class B2) to 1 no. studio apartment (ClassC3).
Applicant: Mr Gary Ayres
Agent: Pegasus Planning Group
Committee/delegation date: 28.06.16
Date of Notice: 28.06.16