Compound 1, 64 Briggate, Brighouse, Calderdale, HD6 1EF

Description

A Plot of Land Measuring Approximately 51 sq m (549 sq ft). The lot comprises a plot of land measuring approximately 51 sq m (549 sq ft).

Location

The land is situated on a residential road close to local shops and amenities. The open spaces of Wellhome Park Brighouse are within easy reach. Transport links are provided by Brighouse rail station.

Tenure / Property Information

Investment Analysis

The property is a freehold plot of approximately 51 sq m (549 sq ft). The supplied sold comparables are materially different in nature: they are recorded as whole properties or 'Other' assets, with no plot-specific sales evidence. The £400,000 sale at 64 Briggate cannot be used as a supported GDV for this land parcel. No planning consent, permitted use, access, services, boundaries or development appraisal is supplied, so land value and development GDV cannot be reliably estimated.

Investment Snapshot

Strategy Recommendation

Do not bid on investment assumptions alone. Consider only after independently verifying title, boundaries, access, services, planning potential and all legal-pack charges; otherwise pass.

Works Required

No refurbishment works are evidenced. Any development, servicing, access or site works would require confirmation from the legal pack, planning information and site investigations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not assessable. No residential accommodation, planning consent, development GDV, works budget or refinance valuation is supplied. At the £3,000 guide, the stated £1,800 admin charge produces a known guide-plus-admin cost of £4,800 before any disbursements or other legal-pack charges.

Buy-to-Let Analysis

BTL is not assessable because the asset is land with no accommodation and no rental evidence. There is no supported rent or income-producing use.

Flip Analysis

A flip appraisal cannot be supported because there is no plot-specific resale evidence, planning position, development scheme, GDV or selling-cost allowance. The supplied £400,000 sale relates to a different asset classification and cannot establish the plot's resale value.

Investor Risks & Due Diligence

• Development potential and permitted use are not supplied.

• Access, boundaries, rights and services are not confirmed.

• Disbursements and possible special-condition charges are unknown.

• The sold comparables are not sufficiently specific to a 51 sq m land plot.

• No supported rental or resale evidence is available.

Recommendation

Do not bid on investment assumptions alone. Consider only after independently verifying title, boundaries, access, services, planning potential and all legal-pack charges; otherwise pass.

Strategy Rating

Analysis Confidence

Basic size, tenure, guide and admin charge are supplied, but there is no planning, legal, servicing, access, valuation, rental or plot-specific comparable evidence.