Land adj. 2, Alder Close, TROWBRIDGE, Wiltshire, BA14 0JJ

Description

The site extends to some 2,790 sq. ft and whilst sold on an unconditional basis, subject to the necessary consents, could hold potential for an infill development of a single two floor dwelling. Prospective bidders are deemed to rely upon their own enquiries as to planning and other matters, however, are invited to utilise the plans, drawings and computer-generated images in these details to take forward their own planning enquiries. Site Area 2,790 sq. ft To View: This is an open parcel of land , prospective bidders are invited to view at leisure with no prior appointment required however, are requested to respect the privacy of adjoining owners who are not connected with this sale.

Location

The site is located within a cul-de-sac adjoining residential dwellings in this popular area of housing just south of the town centre. Trowbridge itself is situated on the River Biss in the west of the county, close to the border with Somerset. The town lies 8 miles south-east of Bath, 31 miles south-west of Swindon and 20 miles south-east of Bristol. The town provides a good range of shopping and recreational pursuits and is well located for transport links being between the A36 and A350 and has a rail station in the town.

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: ★★★☆☆