Compound 2, Par Moor Road, Communication Centre, Par, Cornwall, PL24 2SQ

Description

A Plot of Land Measuring Approximately 255 sq m (2,745 sq ft)

Location

The land is situated on a well established commercial trading estate. The open spaces of Spit Beach Par are within easy reach. Transport links are provided by Par rail station.

Tenure / Property Information

Investment Analysis

The property is a freehold land plot of approximately 255 sq m (2,745 sq ft) on a commercial trading estate. No guide price, planning information, permitted use, services, access details or development evidence is supplied. The sold comparables are larger or different properties on the same road and cannot support a reliable valuation for this plot. No GDV, rental value or maximum bid can therefore be established. The known administration fee is £1,800 including VAT, with possible additional disbursements and special-condition costs not quantified.

Strategy Recommendation

Do not bid without reviewing the legal pack and confirming planning status, permitted use, access, services, title constraints and a plot-specific market valuation.

Works Required

No physical works are evidenced. Any development, access, servicing or site-preparation requirements would need confirmation from the legal pack, planning authority and site investigations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR strategy cannot be assessed. There is no supported purchase price, development or end value, rental evidence, planning position or finance cost. The £1,800 administration fee is known, but other completion costs may apply.

Buy-to-Let Analysis

BTL analysis is not supportable because the property is land, no building or accommodation is described, and no sufficiently specific rental comparable or auctioneer rent estimate is provided.

Flip Analysis

A flip or land-trading appraisal cannot be established. The supplied sold comparables relate to different properties and do not provide a reliable end value for this 255 sq m plot. Planning, permitted use, servicing and resale assumptions are absent.

Investor Risks & Due Diligence

• No guide price or reliable plot-specific valuation evidence is supplied.

• Planning status, permitted use and development potential are unknown.

• Access, utilities, servicing and title restrictions are not evidenced.

• Potential disbursements, search fees, seller costs, legal fees or transfer fees may be payable under the special conditions.

• The supplied comparables are different properties and are not reliable direct evidence for this plot.

Recommendation

Do not bid without reviewing the legal pack and confirming planning status, permitted use, access, services, title constraints and a plot-specific market valuation.

Strategy Rating

Analysis Confidence

The evidence confirms only the approximate plot size, freehold tenure, location and administration fee. There is no guide price, planning or use information, rental evidence, development appraisal or directly comparable land sale.