A plot of land on a steep gorge with incredible views of Clifton Suspension Bridge is set to be turned into a £2.5 MILLION superhome.
Described as “one of the most unusual and attractive sites in the Westcountry”, the land in Clifton Village, Bristol, has planning permission for a state-of-the-art home.
And this potential Grand Design is certain to catch the eye of Kevin McCloud.
It is located on the Avon Gorge and whoever buys the land will face a seriously challenging new build.
The approved house will have 4,000 sq/ft of floor space spread over four floors, boasting five bedrooms, all with en-suite bathrooms, two parking spaces and a picture-postcard view of the gorge and Brunel’s iconic bridge.
It is also in one of the UK’s most sought-after and expensive residential areas, where Georgian townhouses sell for more than £1.5 million.
The nearby Clifton Downs has 400 acres of green public space whilst the Brunel’s bridge acts as a gateway to the popular dog walking spots of Ashton Court Estate and Leigh Woods.
And the site is located just a few metres away from the White Lion, a pub with one of the region’s best beer gardens.
Property auctioneers Hollis Morgan will be selling the plot of land on February 27 with a guide price of £360,000.
And while build costs have not been revealed, the completed home is expected to have a resale value of around £2.5 million.
However, if the buyer is an eventual owner occupier they will only pay £7,500 in stamp duty compared to more than £200,000 paid on a £2.5 million finished property.
As it will be a new build, the developer will avoid paying VAT on labour and building materials.
Andrew Morgan, co-founder of Hollis Morgan, said: “It is probably one of the most unusual and attractive sites in the Westcountry.
“In terms of location, it is one of the best we’ve offered. You look straight out onto the gorge and Clifton Suspension Bridge.
“It will be a spectacular home but it will need a lot of architectural and engineering skill.
“It was a terraced garden before and the proposed house has been designed to fit with the natural habitat.
“Classic Georgian houses in the area cost £1.5 to £2 million and this is the opportunity to have something outstandingly modern.
“We’ve had a local interest, but Bristol is a very popular location and I wouldn’t be surprised if we had interest from around the world. It would certainly be one of the most interesting Grand Designs.”
by Adrian Hearn