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Manilla Crescent, Weston-Super-Mare *Guide Price £750,000

  • Site of approx. 0.42 acres
  • Close to town centre and sea front
  • Proposed 5 storey development
  • 24 flats comprising 5 x 1 beds, 18 x 2 beds and 1 x 3 beds
  • Offered with mixture of Juliet balconies, gardens and balconies
  • 24 parking spaces
  • Close to Weston College/University
  • GDV potential in the region of £3,500,000 - £4,000,000
  • Unlikely to be any Section 106 or Social Housing
  • Decision due prior to auction.

*For Sale by Auction on 2nd November* * Guide Price: £750,000* DRAFT DETAILS This is a substantial site of 0.42 acres/0.17 hectares moments from Weston town centre and the sea front. Planning is currently pending on permission for 24 flats with parking over 5 floors and is due a decision prior to the auction. We are advised that there is unlikely to be any Section 106 agreement or social housing provision. 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: For Sale
Ref #: AH000189

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Manilla Crescent
Weston-Super-Mare BS23 2BN
County: North Somerset
Sale Type: For Sale
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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