6 Plot Site, Sarah Drive, Larkhall

Description

The site extends to 0.67 acres and is accessed from Sarah Drive. The plot is bound to the north by Sarah Drive, east by residential dwellings, south by walkway and residential dwellings and west by Lovell Homes houses which were recently completed. The plot is level in nature and can accommodate 6 plots with potential for an additional plot subject to relevant consents.

Accommodation

4.36 acres (1.76 hectares)

Location

The site is located south of Sarah Drive in Larkhall in South Lanarkshire, approximately 18 miles south-east of Glasgow. Larkhall Railway Station is approximately 0.6 miles north of the site with direct services to Glasgow Central. Regular bus services also operate through the town. Larkhall Academy is adjacent to the site.

Tenure / Property Information

Investment Analysis

The guide is £240,000. The site is described as 0.67 acres and capable of accommodating six plots, with potential for an additional plot subject to relevant consents. However, no planning evidence, completed-sales comparables, build-cost information, serviced-land valuation, GDV evidence or selling-cost allowance has been supplied. The accommodation field also states 4.36 acres (1.76 hectares), which conflicts with the 0.67-acre description and requires clarification. A supported GDV, maximum bid and project return cannot therefore be established.

Investment Snapshot

Strategy Recommendation

Proceed only as a development-site appraisal after verifying the conflicting site areas, planning position, six-plot capacity, services, access and full development costs. Do not rely on the guide alone as evidence of value.

Works Required

No refurbishment works are evidenced. Any development would require confirmation of the proposed six-plot layout, planning status, access, services, infrastructure requirements and construction costs. The potential additional plot is expressly subject to relevant consents.

Rental & Market Context

Potential BRRR Position

A BRRR strategy cannot be assessed because there is no existing lettable accommodation, supported development GDV, build-cost estimate, rental evidence or refinance valuation. The scheme would first require confirmation of planning and development feasibility.

Buy-to-Let Analysis

BTL analysis is not applicable on the supplied evidence because this is a vacant development site with no completed dwelling, supported rental evidence or auctioneer rent estimate. Rental yield cannot be established.

Flip Analysis

A development resale analysis cannot be completed. Although six plots are stated as potentially accommodated, no plot sales evidence, GDV, construction costs, professional fees, finance costs or selling allowance has been supplied.

Investor Risks & Due Diligence

• The stated site areas conflict: 0.67 acres in the description versus 4.36 acres (1.76 hectares) in the accommodation field.

• The six-plot capacity is stated but no planning consent or supporting layout is supplied.

• The potential additional plot is subject to relevant consents.

• No development, infrastructure, professional, finance or selling costs are provided.

• No completed-sales comparables or supported land/GDV valuation evidence is provided.

• The site is adjacent to existing residential dwellings, a walkway and Lovell Homes houses, requiring appropriate due diligence on interfaces and access.

Recommendation

Proceed only as a development-site appraisal after verifying the conflicting site areas, planning position, six-plot capacity, services, access and full development costs. Do not rely on the guide alone as evidence of value.

Strategy Rating

Analysis Confidence

The evidence confirms a vacant heritable site and a stated development capacity, but provides no planning documentation, comparables, GDV, costs, rental evidence or fees, and contains conflicting site-area figures.