£1,600,000
Land for saleFishponds Road, Fishponds BS16
About this property
Prime freehold development site extending to approximately 0.37 acres
Prominent corner position on Fishponds Road and Lodge Causeway
Previous planning consent for 8 houses, 1 flat and commercial unit (now lapsed)
Estimated Gross Development Value (gdv) of approximately £4.1 million
Offers invited on an unconditional or subject to planning basis
Excellent opportunity for developers to secure and enhance a proven scheme
A rare opportunity to acquire a prominent freehold development site occupying a strategic corner position on Fishponds Road and Lodge Causeway in the heart of Fishponds.
The site extends to approximately 0.37 acres and was previously granted planning permission for a mixed-use redevelopment comprising 8 four-bedroom townhouses, 1 three-bedroom flat and a Class E commercial unit. The previous planning consent has now lapsed, and purchasers are advised to make their own enquiries with Bristol City Council regarding future development potential.
Based on the previously approved scheme, the estimated Gross Development Value (gdv) is approximately £4.1 million, comprising:
8 x four-bedroom townhouses at approximately £475,000 each (£3,800,000)
1 x three-bedroom flat at approximately £235,000
1 x Class E commercial unit at approximately £100,000
This creates a combined projected gdv of approximately £4,135,000, subject to market conditions and any future planning consent obtained.
The historic scheme demonstrates the site's strong development potential, offering an excellent opportunity for developers, investors and housebuilders to secure a substantial residential-led project in a well-established Bristol location.
The vendor will consider both unconditional offers and offers made subject to the grant of a satisfactory planning consent.
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Tenure
Freehold
Council tax band
Council tax band not yet known
Ground rent
£0
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