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Manilla Crescent, Weston-Super-Mare Guide Price £700,000

  • Site of approx. 0.42 acres
  • Close to town centre and sea front
  • Planning for 5 storey development
  • 24 flats comprising 5 x 1 beds, 18 x 2 beds and 1 x 3 beds
  • 1 beds are circa 50sqm
  • Smaller 2 beds are between 61 – 64.5 sqm
  • Larger 2 beds are between 70 – 90 sqm
  • 3 bed is 94.5 sqm
  • Offered with mixture of Juliet balconies, gardens and balconies
  • 24 parking spaces
  • GDV potential in the region of £3,750,000 - £4,250,000
  • Close to Weston College
  • No Section 106 or Social Housing

*Sold Prior to Auction* * Guide Price: £700,000* This is a substantial site of 0.42 acres/0.17 hectares moments from Weston town centre and the sea front. Planning has now been granted for 24 flats over 5 floors with parking. The site has the added benefit of no social housing requirement or Section 106 liability. The nearby Rozel House development situated further along Birnbeck Road comprises 50 flats with sale prices regularly in excess of £200,000 suggesting an impressive potential GDV in the region of £3,75,000 - £4,250,000 for this scheme. With Weston College benefiting from recent university status the need for student accommodation is likely to increase. The property is ideally situated for such a scheme and offers huge potential.

Manilla Crescent
Weston-Super-Mare BS23 2BN
County: North Somerset
Sale Type: Sold STC
Ref #: AH000189
Name Location Type Distance

Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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