Bartestree, Hereford, Herefordshire, HR1 4BD

Description

Approximately 2 acres of mixed woodland on the outskirts of Bartestree with access from Wilcroft Lane. The coppice gives an opportunity to enjoy the private wooded setting. No chain. Full shooting rights and valuable growing timber are included in the sale of the freehold at no extra cost.

Location

Outskirts of Bartestree; access from Wilcroft Lane

Tenure / Property Information

Tenure	Freehold
Occupancy	Vacant possession upon completion
Services	No services are connected to the property.

Investment Analysis

Approximately 2 acres of mixed woodland with freehold tenure, access from Wilcroft Lane, full shooting rights and growing timber included. The supplied sold comparables are residential properties and do not provide a reliable valuation for woodland. The advertised £1,900 pcm rent relates to a 2-bedroom rental and is not applicable. No supported woodland valuation, timber valuation, development value or buyer costs are provided.

Investment Snapshot

Guide Price

£10,000-£20,000

Strategy Recommendation

Consider only as a specialist woodland, recreational, timber or shooting-rights purchase after verifying title, access, rights, boundaries, management obligations and any planning or use restrictions. Do not underwrite it as a BTL, BRRR or residential flip.

Works Required

No refurbishment works are evidenced. Potential actions are limited to inspecting the access from Wilcroft Lane and verifying the condition, extent and management requirements of the woodland, coppice, timber and shooting rights.

Rental & Market Context

Properties to Rent in Hereford, Hereford Herefordshire | Nethouseprices.com — 2 bed — — Advertised asking rent

£1,900 pcm

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Croft Court, Bartestree, Hereford, Herefordshire, Hr1 4bd 2022-02-17 · Semi-Detached · Freehold	£511,000
West Wilcroft, Bartestree, Hereford, Herefordshire, Hr1 4bd 2021-09-09 · Semi-Detached · Freehold	£405,000
Croft Court, Bartestree, Hereford, Herefordshire, Hr1 4bd 2019-09-23 · Semi-Detached · Freehold	£395,000
East Wilcroft, Bartestree, Hereford, Herefordshire, Hr1 4bd 2019-02-07 · Other · Freehold	£650,000
Fiddlers End, Bartestree, Hereford, Herefordshire, Hr1 4bd 2017-08-18 · Other · Freehold	£181,500

Potential BRRR Position

BRRR is unsupported and appears inapplicable on the supplied evidence because no residential accommodation, refurbishment opportunity, GDV or supported rental income is provided. There is no basis for calculating a refinance value or cash left in.

Buy-to-Let Analysis

Not suitable for a conventional BTL analysis on the supplied evidence. There is no dwelling or accommodation described, and the available £1,900 pcm asking rent is for a separate 2-bedroom property and cannot be applied to this woodland.

Flip Analysis

A flip surplus cannot be calculated. The supplied residential sold comparables are not suitable evidence for woodland resale value, while no woodland comparables, development value or selling-cost allowance is provided.

Investor Risks & Due Diligence

• No relevant woodland sold comparables or formal valuation are supplied.

• The value of the growing timber and shooting rights is not quantified.

• Access is described as being from Wilcroft Lane, but access rights and maintenance obligations are not evidenced.

• Planning status, permitted uses, boundary position and woodland management obligations are not provided.

• Auction buyer, administration and other transaction costs are not supplied.

• No supported residential, rental or development use is evidenced.

Recommendation

Consider only as a specialist woodland, recreational, timber or shooting-rights purchase after verifying title, access, rights, boundaries, management obligations and any planning or use restrictions. Do not underwrite it as a BTL, BRRR or residential flip.

Strategy Rating

HB Rating

★★☆☆☆

Analysis Confidence

Confidence

Low

The evidence confirms the approximate woodland area, tenure, access and included rights, but provides no relevant woodland comparables, formal valuation, costs, planning information, timber value, rental evidence or exit value.