Land Adjacent 142a-154 Hazeldene Road, Sheldon, Birmingham, B33 0QG

Description

A relatively rectangular parcel of land, extending to approximately 967 sq.m. (10,408 sq.ft.) or thereabouts.

Location

Hazeldene Road is situated in the established residential area of Sheldon, to the east of Birmingham City Centre. The property is conveniently positioned for a range of local shops, schools and everyday amenities, with Sheldon centre and nearby Stechford providing further shopping and leisure facilities. Birmingham International Airport, the NEC and Birmingham International Railway Station are also readily accessible, while the A45 Coventry Road and M6 motorway provide excellent road links to Birmingham City Centre and the wider West Midlands. The area is well served by public transport, making it a popular choice for both residents and commuters.

Tenure / Property Information

Investment Analysis

The evidence confirms a freehold development land parcel of approximately 967 sq.m. (10,408 sq.ft.) in Sheldon. The supplied Land Registry comparables are completed sales of neighbouring houses, including 142A Hazeldene Road at £275,000 in 2022, but they do not establish the value of this land or the value of any potential development. No planning consent, permitted scheme, access, services, abnormal costs, development appraisal or land comparable is supplied. Accordingly, GDV and a supported maximum bid cannot be established. The guide is £10,000+, with a £3,500 administration charge plus VAT and £2,900 council professional fees.

Investment Snapshot

Strategy Recommendation

Treat as speculative development land only. Do not bid on the supplied evidence alone; first verify planning potential, access, services, title constraints, abnormal costs and a detailed development appraisal.

Works Required

No refurbishment works can be specified. Any development would require confirmation of planning policy and consent, site access, services, ground conditions, drainage, design and construction requirements, none of which are supplied.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not assessable. There is no supported GDV, development scheme, build cost, completed accommodation or rental evidence for the subject asset, so refinance proceeds and cash left in cannot be calculated.

Buy-to-Let Analysis

BTL is not assessable because the asset is vacant development land with no accommodation and no supported property-specific rent. The supplied £650 pcm listing is only an advertised asking rent and is not tied to this land.

Flip Analysis

A flip appraisal cannot be supported from the supplied evidence. The neighbouring house sales provide context for the established residential area but do not establish a land GDV or resale value. No development costs or selling allowance are supplied, so flip surplus is unavailable.

Investor Risks & Due Diligence

• Planning permission and development potential are not supplied.

• Access, easements, covenants, services, drainage and title constraints are not supplied.

• Ground conditions and abnormal development costs are unknown.

• No supported land value, GDV or resale evidence is available.

• Known charges include £3,500 administration plus VAT and £2,900 council professional fees, before any other acquisition or development costs.

Recommendation

Treat as speculative development land only. Do not bid on the supplied evidence alone; first verify planning potential, access, services, title constraints, abnormal costs and a detailed development appraisal.

Strategy Rating

Analysis Confidence

The address, approximate site area, tenure, guide and known charges are supplied, but there is no planning position, development scheme, land comparable, cost plan, GDV evidence or property-specific rent.