Glewstone, Ross-on-Wye, Herefordshire, HR9 6AT

Description

Opportunity to purchase a rural building plot of approximately 0.22 acres with planning approval for a detached self build/custom build dwelling with detached garage. Planning number P251736/F. No chain.

Accommodation

Planning approval for a detached self build/custom build dwelling with detached garage.

Location

Rural building plot in Glewstone, Ross-on-Wye, Herefordshire.

Tenure / Property Information

Tenure	Freehold
Occupancy	Vacant possession upon completion
Services	Prospective purchasers should make their own enquiries regarding the availability and connection of mains services. Drainage is to be provided in accordance with the approved scheme.

Investment Analysis

The subject is a 0.22-acre rural building plot with planning approval for a detached self-build/custom-build dwelling and detached garage. The supplied completed sales are nearby residential properties ranging from £185,000 to £650,000, but their sizes, specifications, plot sizes and condition are not provided, so they cannot support a reliable completed dwelling GDV or residual land valuation. The £80,000–£120,000 guide is the only evidence directly relating to the plot. No supported works, construction-cost, professional-fee, finance, disposal-cost or completed dwelling rental evidence is supplied.

Investment Snapshot

Guide Price

£80,000-£120,000

Strategy Recommendation

Treat as a planning-led development opportunity only after full planning, technical, access, utilities and construction-cost due diligence. Do not rely on the supplied residential sales or £600 pcm rent to set a bid.

Works Required

Obtain and review the full planning permission and conditions for P251736/F, then construct the approved detached dwelling and detached garage. No reliable construction or site-work allowance can be estimated from the supplied evidence.

Rental & Market Context

Residential Properties for rent – The Property Hub — — Advertised asking rent

£600 pcm

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Burbank Cottage, Glewstone, Ross-On-Wye, Herefordshire, Hr9 6at 2026-03-27 · Semi-Detached · Freehold	£185,000
Herriot Cottage, Glewstone, Ross-On-Wye, Herefordshire, Hr9 6at 2022-12-01 · Detached · Freehold	£568,000
Greenways Cottage, Glewstone, Ross-On-Wye, Herefordshire, Hr9 6at 2021-06-29 · Detached · Freehold	£645,000
Greenway, Glewstone, Ross-On-Wye, Herefordshire, Hr9 6at 2020-10-08 · Detached · Freehold	£650,000
Herriot Cottage, Glewstone, Ross-On-Wye, Herefordshire, Hr9 6at 2020-01-17 · Detached · Freehold	£408,900

Potential BRRR Position

BRRR is not assessable because no completed dwelling GDV, construction budget, total project cost, finance cost or supported rental value is available. Refinance capacity cannot be calculated.

Buy-to-Let Analysis

BTL cannot be assessed reliably. The £600 pcm figure is an advertised asking rent for residential properties generally and is not identified as rent for the proposed dwelling. The subject is currently a vacant building plot, with no completed accommodation or supported post-construction rent.

Flip Analysis

A flip appraisal cannot be completed. Nearby detached sales provide broad local context only; without the approved dwelling's size and specification, build costs, professional costs, finance costs and selling costs, no completed value or surplus can be supported.

Investor Risks & Due Diligence

• Completed dwelling GDV cannot be established from the supplied comparables because size and specification details are absent.

• Construction, site preparation, professional, finance and disposal costs are not supplied.

• The planning approval and any conditions for P251736/F have not been provided for review.

• The £600 pcm rental evidence is not identified as relating to the proposed dwelling.

• The plot is vacant and has no existing income or completed accommodation.

Recommendation

Treat as a planning-led development opportunity only after full planning, technical, access, utilities and construction-cost due diligence. Do not rely on the supplied residential sales or £600 pcm rent to set a bid.

Strategy Rating

HB Rating

★★☆☆☆

Analysis Confidence

Confidence

Low

Planning approval and basic site details are supplied, but there is no dwelling size/specification, planning-condition detail, construction budget, completed GDV evidence, relevant rent, fees or finance information.