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HORFIELD | FULL PLANNING | 6 x APARTMENTS - Image 1
HORFIELD | FULL PLANNING | 6 x APARTMENTS - Image 2
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HORFIELD | FULL PLANNING | 6 x APARTMENTS - Image 8
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HORFIELD | FULL PLANNING | 6 x APARTMENTS

South West

£450,000

Listed on 20/05/2026

Property Details

Bedrooms
8
Type
Plot

Description

This property presents a unique development opportunity in the desirable Horfield area of Bristol with full planning permission in place for the conversion of a former garage workshop into six apartments. The plans include a mix of one and two-bedroom units across three floors, totaling a gross internal area of approximately 4,198 square feet. The site is poised for immediate development, having received detailed planning approval in May 2024. Investors can take advantage of the growing demand for residential units in this vibrant part of Bristol, which is known for its proximity to local amenities including shops, cafes, and green spaces like Horfield Common. The site also offers easy access to transport links heading into Bristol city centre and beyond via major motorways. With the potential gross development value estimated at around £1.7 million, this represents an attractive investment for developers looking to capitalize on planned residential growth in the area.

Investment Analysis

(BS7 area)
Area Average
£421/sq ft
Avg Rent (weekly)
£580
Avg Yield
7.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £450,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BS7)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +3.3%
5 year growth: +16.1%
Investment Disclaimer: Analysis based on BS7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

HORFIELD | FULL PLANNING | 6 x APARTMENTS
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,605
Based on a loan of £337,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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