Whiteladies Rest Home, Redland Park, Redland, BS6 6SD

THE PROPERTY

An imposing Freehold detached period property occupying a prime position on a substantial plot with double driveway and additional detached cottage.
The property has over 8,000 Sq Ft of accommodation arranged over four floors and retains many of the original period features.
Sold with vacant possession.

LOCATION

Redland is amongst the most sought after and coveted locations in the city and remains an incredibly popular suburb. There are excellent amenities on the nearby Whiteladies Road which provide a wide range of supermarkets, shops, restaurants and pubs. A choice of primary and secondary schools are nearby and, in addition, there is excellent access to the City, as well as to Cribbs Causeway and the motorway network. The property is ideally located for both Bristol University and the Bristol Royal Infirmary.

THE OPPORTUNITY

The property is offered with vacant possession and will suit a wide range of potential uses subject to gaining the necessary consents.

LUXURY RESIDENTIAL CONVERSION

The property is ideally suited for a residential conversion and there is a proposed scheme of 8 flats and a detached coach house.
Clearly the size of the building and plot allows for a wide range of possible schemes and combinations - buyers must make their own investigations.
We understand that no planning for a residential scheme has been previously sought.

FAMILY HOME (S)

The property would make a formidable family home in this sought after location with separate annex ideal for business or staff quarters.
Alternatively given the scale of the property buyers may wish to split the property into two more manageable size units.

COMMERCIAL USE

The property previously operated as a successful nursing home and would suit a similar operation.
Alternatively it would make an excellent school, nursery etc

PROPOSED SCHEME

Full details of the proposed scheme and drawings can be downloaded with the online legal pack.

PROPOSED DEVELOPMENT OPPORTUNITY

UNIT 1 - 2 Bedroom Coach House - 1033 Sq Ft
UNIT 2 - 2 Bedroom Flat – 664 Sq Ft
UNIT 3 - 2 Bedroom Flat – 753 Sq Ft
UNIT 4 - 2 Bedroom Flat – 710 Sq Ft
UNIT 5 - 2 Bedroom Flat – 775 Sq Ft
UNIT 6 - 2 Bedroom Flat – 710 Sq Ft
UNIT 7 - 2 Bedroom Maisonette – 700 Sq Ft
UNIT 8 - 3 Bedroom Flat – 1194 Sq Ft
UNIT 9 - 2 Bedroom Flat – 818 Sq Ft

GDV SCHEDULE £3,871,000 - £3,995,000

Calum Melhuish ( Hollis Morgan New Homes ) has prepared the following GDV schedule for the proposed scheme.

UNIT 1 - £542,000 - £568,000
UNIT 2 - £369,000 - £379,000
UNIT 3 - £380,000 - £390,000
UNIT 4 - £375,000 - £385,000
UNIT 5 - £446,000 - £456,000
UNIT 6 - £416,000 - £427,000
UNIT 7 - £395,000 - £405,000
UNIT 8 - £524,000 - £550,000
UNIT 9 - £424,000 - £435,000
TOTAL - £3,871,000 - £3,995,000

A full copy of the report can be downloaded with the online legal pack.
If you would like to discuss any aspects of the report please contact Calum Melhuish – 0117 973 6565

PROPOSED DEVELOPMENT SCHEDULE

UNIT 1 - 1033 Sq Ft
Coach House arranged over two floors.
Ground Floor
L Shaped Open Plan Living Space
Bathroom
Bedroom 3 / Reception room
First Floor
Bedroom 1
Bedroom 2
Bathroom

UNIT 2 – 664 Sq Ft
Lower Ground Floor
Private Entrance
Open Plan Living Space
Bedroom 1
Bedroom 2
Bathroom

UNIT 3 – 753 Sq Ft
Lower Ground Floor
Semi Open Plan Living Space
Bedroom 1
Bedroom 2
Bathroom

UNIT 4 – 710 Sq Ft
Lower Ground Floor
Open Plan Living Space
Bedroom 1
En Suite
Bedroom 2
Bathroom

UNIT 5 – 775 Sq Ft
Ground Floor
Lower Ground Floor
Semi Open Plan Living Space
Bedroom 1
Bedroom 2
Bathroom

UNIT 6 – 710 Sq Ft
Ground Floor
Lower Ground Floor
Open Plan Living Space
Bedroom 1
En Suite
Bedroom 2
Shower Room
Store

UNIT 7 – 700 Sq Ft
First & Second Floor Maisonette
First floor
Lounge
Kitchen Diner
Second Floor
Bedroom 1
Bedroom 2
Bathroom

UNIT 8 – 1194 Sq Ft
First Floor
Open Plan Living Space
Bedroom 1
En Suite
Bedroom 2
Bedroom 3
Bathroom

UNIT 9 – 818 Sq Ft
Second Floor
Open Plan Living Space
Bedroom 1
En Suite
Bedroom 2
Bathroom

RENTAL APPRAISAL ( PROPOSED SCHEME )

Local Lettings Experts Clifton Rentals say...

An exciting opportunity to convert this large previous residential care home. The proposed scheme creates 9 properties (Coach House, 6 x two bed properties 2x Three bed properties) Due to location all properties would attract professional couple and sharers.

Proposed properties (subject to planning)
Plot 1: Coach House – 2/3-bedroom house with garden – Rent £1600 PCM
Plot 2: 2 Bed 1 bathroom and garden – Rent £1300 PCM
Plot 3: 2 Bed 1 bathroom and garden – Rent £1300 PCM
Plot 4: 2 Bed 1 bathroom – Rent £1150 PCM
Plot 5: 2 Bed 1 bathroom with large terrace and parking – Rent £1400 PCM
Plot 6: 2 Bed 1 bathroom and parking – Rent £1250 PCM
Plot 7: 2 Bed 1 bathroom and parking – Rent £1250 PCM
Plot 8: 3 bed 2 bathroom and parking – Rent £1650
Plot 9: 3 bed 2 bathroom and parking – Rent £1650

Total monthly rent £12550 or £163150 per annum. The rents are a guide – depending on finish and general stock levels these may increase.

Full Appraisal - refer to online legal pack.