Amenity Land, Green Lane, Hognaston, Ashbourne, Derbyshire DE6 1PS

Description

A plot of garden / amenity land offering the opportunity for outdoor hobby, gardening, recreation or other use. The land, which is level and well drained, includes a shed and provides off road parking with gated access. There may be opportunity to erect suitable buildings, subject to the necessary planning consents and approvals.

Accommodation

Plot of garden / amenity land including a shed.

Location

The land sits nicely within Hognaston village, close to Carsington Water and surrounded by rolling Derbyshire Dales countryside. Ashbourne (5½ miles), Matlock (9 miles), Bakewell (13½ miles), Wirksworth (5 miles).

Tenure / Property Information

Investment Analysis

This is a plot of garden/amenity land rather than a dwelling, with a shed, gated off-road parking and stated potential for buildings subject to planning consent. The £3,000 2025 Land Registry sale at Green Lane Cottage, Hognaston is not sufficiently described to establish that it is comparable to this plot. The other supplied sales are residential houses and are not comparable. A reliable GDV or market value cannot therefore be established from the evidence.

Investment Snapshot

Strategy Recommendation

Only consider as amenity or hobby land after reviewing title, access, permitted use, planning position and the Special Conditions of Sale. Do not underwrite residential development or rental income without specific evidence.

Works Required

No specific refurbishment works are evidenced. The existing shed, level and well-drained land, gated access and parking should be inspected and maintained. Any building or change of use would require the necessary planning consents and approvals.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR strategy cannot be supported. There is no evidenced residential accommodation, rent, GDV or refinance value. The stated potential for buildings is expressly subject to planning consent and approvals, which are not evidenced.

Buy-to-Let Analysis

BTL analysis is not applicable because the asset is amenity land, not a dwelling, and no passing or achievable land rent is evidenced. The supplied £1,300 pcm asking rent relates to a two-bedroom house in DE6 and is not applicable.

Flip Analysis

A flip appraisal cannot be established because no supported GDV or relevant land resale comparables are available. The residential sales supplied are not comparable. At the £15,000 guide, the known purchase cost including the £6,000 minimum buyer premium is £21,000 before any additional special-condition fees or other costs.

Investor Risks & Due Diligence

• Planning consent for any building or change of use is not evidenced.

• The supplied residential comparable sales are not suitable for valuing this amenity land.

• The £3,000 same-address transaction is insufficiently described to confirm comparability.

• Title, tenure, access rights and permitted use are not supplied.

• Additional fees may be payable under the Special Conditions of Sale.

• Buyer premium is subject to a £6,000 minimum, making the effective known cost materially higher than the guide.

Recommendation

Only consider as amenity or hobby land after reviewing title, access, permitted use, planning position and the Special Conditions of Sale. Do not underwrite residential development or rental income without specific evidence.

Strategy Rating

Analysis Confidence

The physical description and auction charges are supplied, but there is no title, planning, tenure, comparable land evidence, rent, GDV or confirmed additional-fee information.