Exceptional Development Opportunity – Prime Bristol Location
A rare and exciting opportunity to acquire a superb development site of approximately 0.26 acres, complete with full planning permission for the demolition of the existing dwelling and construction of six luxury apartments. The approved scheme includes 3 x 2-bedroom duplex apartments and 3 x 2-bedroom apartments, all designed with private terraces or gardens and allocated parking.
Backing directly onto the tranquil Dingle woodland and just moments from the scenic Blaise Castle Estate, this site combines natural surroundings with outstanding connectivity.
There is also potential to revise the current planning consent to deliver 3 x 4-bedroom houses (subject to planning), offering scope to enhance the gross development value (GDV) and reduce overall build costs.
An outstanding proposition for developers and housebuilders seeking to create a premium residential scheme in one of Bristol’s most desirable and established locations.
DESCRIPTION -
A superb development opportunity comprising a site of approximately 0.26 acres with full planning consent granted for the demolition of the existing house and the erection of 6 new luxury apartments (3 x 2-bedroom duplex apartments and 3 x 2-bedroom apartments) with terraces, gardens and parking. The site backs onto The Dingle woodland and provides easy access to Blaise Castle Estate. There is scope to amend the approved planning permission to provide 3 x 4-bedroom houses (subject to consents), which is likely to increase the GDV and reduce build costs. A superb opportunity for builders and developers to create an exclusive development in one of Bristol's premier locations.
LOCATION -
The site is situated on the borders of Stoke Bishop and Coombe Dingle with lovely local woodland walks through The Dingle and Blaise Castle Estate nearby. Westbury-on-Trym Village, Canford park and bus connections to central Bristol are all within easy reach along with access to the motorway network.
PLANNING -
Full planning consent was granted on 25 November 2020 for the demolition of the existing buildings and the erection of 6no. dwellings with associated works under Application No. 19/05047/F. The approved plans were amended under Application Number 22/02289/X, which was approved on 15 November 2023. The pre-commencement conditions have been discharged and works have commenced on site including the installation of a new retaining wall at the rear of the site.
SCHEDULE OF ACCOMMODATION -
DUPLEX 1 (137 m²): Living Room, Kitchen/Diner, 2 Bedrooms, Bathroom, Terrace & Garden.
DUPLEX 2 (137 m²): Living Room, Kitchen/Diner, 2 Bedrooms, Bathroom, Terrace & Garden.
DUPLEX 3 (137 m²): Living Room, Kitchen/Diner, 2 Bedrooms, Bathroom, Terrace & Garden.
APARTMENT 4 (66 m²): Kitchen/Living/Dining Room, 2 Bedrooms, Bathroom & Terrace.
APARTMENT 5 (66 m²): Kitchen/Living/Dining Room, 2 Bedrooms, Bathroom & Terrace.
APARTMENT 6 (66 m²): Kitchen/Living/Dining Room, 2 Bedrooms, Bathroom & Terrace.
GROSS DEVELOPMENT VALUE (GDV) -
We anticipate a GDV of circa £2,655,000 based upon the approved scheme (£485,000 per 2-bedroom duplex and £400,000 per 2-bedroom apartment).
However, if the scheme can be amended to provide 3 x 4-bedroom houses, we would anticipate a GDV of circa £2,850,000 (£950,000 per house).
LOCAL AUTHORITY -
Bristol City Council.
COMMUNITY INFRASTRUCTURE LEVY (CIL) -
The CIL has already been paid by our client upon commencement of works.
TENURE -
The site is for sale on a freehold basis with vacant possession.
