**Standout Features:**
- Freehold parcel of land (175 Sq M)
- Established income from car park: £775 pcm (£9,300 pa)
- Development potential for EV charging points or future construction (STC)
- Gated location in a vibrant Cotham neighborhood close to Cheltenham Road
- Investment opportunity in an affluent area
**Summary Description:**
Discover a prime investment opportunity with this freehold parcel of land in the desirable Cotham area of Bristol. Currently set up as a secure gated car park, this 175 sq m plot generates an attractive monthly income of £775, totaling £9,300 per year. The land boasts development potential for electric vehicle charging stations or may be suited for future projects, although previous planning applications for a dwelling and garage have been refused.
Positioned just off the bustling Cheltenham Road, this property is surrounded by a cosmopolitan blend of independent shops, cafes, and essential amenities, with access to highly regarded schools and Bristol city center less than a mile away. While the area enjoys a vibrant, affluent atmosphere, potential buyers should note the high crime rate in the locality. This parcel of land represents a unique chance for savvy investors to capitalize on future development trends in an up-and-coming urban area. Don’t miss out on this rare offering!