Land adj, 60, New Road, WEST MOLESEY, Surrey, KT8 1PX

Description

Freehold site of approximately 2,300 sq. ft. within a residential area. Planning: The site may be suitable for a variety of alternative uses or development subject to the necessary planning permissions and consents – prospective purchasers deemed to rely upon their own enquiries with regards to all aspects of planning, as well as current and potential uses. To view: By application to the site during daylight hours.

Location

The site is located off New Road. An extensive range of cafés, bars, restaurants and shopping facilities are available locally, including Tesco’s and Sainsbury’s with a further range of amenities found in the town centres of Kingston upon Thames and Walton on Thames. Direct rail links for Central London are available locally from Hersham and Hampton Court Stations along with a wide network of local bus services serving the surrounding areas. The property benefits from easy access to M25, M3 and A3. Local recreation facilities can be found at Hurst Park, the River Thames and Hampton Court.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

GDV / Resale Analysis

No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.

Properties Sold Within Approx. 5 Miles

No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.

Investor Risks & Due Diligence

• Review the full legal pack and title before bidding

• Confirm all auction administration / contract charges

• Verify property condition and obtain appropriate surveys

• Confirm refurbishment costs with contractor quotations

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.

Strategy Rating

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆