Herberts Hill, Llangarron, Ross-on-Wye

Description

An opportunity to purchase a block of 3 garages and 2 metal sheds. The plot sits within a residential area and the site is approximately 0.18 acres.

Accommodation

3 garages and 2 metal sheds

Location

Rural development opportunity in a residential area at Herberts Hill, Llangarron, Ross-on-Wye.

Tenure / Property Information

Tenure	Freehold
Occupancy	Vacant possession
Services	No services connected, according to the vendors.

Investment Analysis

The evidence supports only a freehold plot of approximately 0.18 acres containing three garages and two metal sheds. The guide range is £20,000–£30,000, but there are no completed-sale comparables, planning information, condition details, buyer costs or formal valuation evidence. A GDV or reliable market value cannot therefore be established. The £600 pcm rental listing relates to residential properties and is not suitable evidence for this garage-and-shed asset.

Investment Snapshot

Guide Price

£20,000-£30,000

Strategy Recommendation

Treat as a land and ancillary-storage opportunity only after legal, planning, access, boundary and condition due diligence. Do not rely on residential rent, conversion potential or a resale profit without supporting evidence.

Works Required

No specific defects or required works are supplied. Before bidding, verify condition, access, services, boundaries, lawful use and planning potential. Any clearance, repair, conversion or redevelopment costs require inspection and quotations.

Rental & Market Context

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

£600 pcm

Potential BRRR Position

BRRR is not supportable on the available evidence. There is no refurbishment budget, residential use evidence, GDV, finance cost, valuation or refinance evidence. Planning and lawful-use status would be critical before considering conversion or redevelopment.

Buy-to-Let Analysis

A BTL yield cannot be established. The asset comprises garages and metal sheds rather than a stated residential dwelling, and the supplied £600 pcm asking rent is for residential properties and is not applicable evidence. No garage/storage rent or operating costs are provided.

Flip Analysis

A flip appraisal cannot be calculated because there are no relevant completed-sale comparables, supported GDV, works allowance, selling allowance or planning details. The guide range is the only supplied price evidence and should not be treated as resale value.

Investor Risks & Due Diligence

• No relevant completed-sale comparables are supplied.

• Planning or lawful-use potential is not evidenced.

• The supplied residential rental listing may not reflect garage or storage income.

• Condition, structural integrity and repair requirements are unknown.

• Access, boundaries, services and title matters are not evidenced.

• Buyer premiums, administration charges and other acquisition costs are unspecified.

• No reliable GDV, refinance value or resale surplus can be calculated.

Recommendation

Treat as a land and ancillary-storage opportunity only after legal, planning, access, boundary and condition due diligence. Do not rely on residential rent, conversion potential or a resale profit without supporting evidence.

Strategy Rating

HB Rating

★★☆☆☆

Analysis Confidence

Confidence

Low

Only the guide range, basic accommodation, plot size, tenure and vacant possession are supplied. There are no relevant comparables, planning details, condition evidence, costs or applicable rental evidence.