Compound 2, 64 Briggate, Brighouse, Calderdale, HD6 1EF

Description

A Plot of Land Measuring Approximately 50 sq m (538 sq ft). The lot comprises a plot of land measuring approximately 50 sq m (538 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 supplied evidence confirms a freehold land plot of approximately 50 sq m (538 sq ft), offered at a guide of £5,000+. The sold comparables are recorded as “Other” properties at 52–64 Briggate and are not evidenced as comparable land transactions, so they cannot support a GDV or market value for this plot. No planning consent, permitted use, access rights, services, development potential or valuation evidence is supplied.

Investment Snapshot

Strategy Recommendation

Only consider as a speculative land/development purchase after satisfactory legal, planning, access, services and title due diligence. Do not underwrite it as a BTL, BRRR or conventional flip.

Works Required

No physical works are evidenced. The purchaser should establish lawful use, planning potential, access, boundaries, services and any restrictions through the legal pack and relevant searches before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not supported. There is no evidenced residential accommodation, refurbishment scope, GDV, rent or refinance value. Any development-led strategy would require verified planning and viability evidence.

Buy-to-Let Analysis

BTL is not supported by the evidence because the asset is land with no accommodation and no passing or estimated rent. The nearby advertised £815 pcm rents relate to 2-bedroom houses and are not applicable to this plot.

Flip Analysis

A flip analysis cannot be quantified. The supplied sold comparables are “Other” properties rather than evidenced land comparables, and no development consent, build potential, resale value or selling-cost allowance is provided.

Investor Risks & Due Diligence

• No planning permission, lawful use or development potential is evidenced.

• No information is supplied on access, boundaries, rights, services or title restrictions.

• The sold comparables are recorded as “Other” properties and are not evidenced as comparable land sales.

• Additional buyer premium, search, legal, transfer and seller-cost charges may be payable, but most are unquantified.

• No income, accommodation or rental evidence applies directly to the plot.

Recommendation

Only consider as a speculative land/development purchase after satisfactory legal, planning, access, services and title due diligence. Do not underwrite it as a BTL, BRRR or conventional flip.

Strategy Rating

Analysis Confidence

The guide, tenure and approximate plot size are supplied, but there is no planning, use, access, services, development, GDV, rent or directly comparable land-sale evidence. Buyer premium and other potential costs are also not quantified.