Land Adjacent to 14 Littledale Green Street Green Road, Lane End, Dartford, Kent, DA2 7HU

Description

A Plot of Land Measuring Approximately 0.55 Acres / 2,226 sq m (23,960 sq ft). Potential for Development (Subject to Obtaining all Relevant Consents)

Accommodation

Plot of land measuring approximately 0.55 Acres / 2,226 sq m (23,960 sq ft).

Location

The land is situated on a residential road close to local shops and amenities. The open spaces of Waller Park Pavilion are within easy reach. Transport links are provided by Dartford rail station.

Tenure / Property Information

Investment Analysis

The property is approximately 0.55 acres of freehold land with only potential development value, subject to obtaining all relevant consents. The supplied sold comparables are semi-detached and terraced houses at the same address/location, ranging from £220,000 to £375,000, but they are not comparable land transactions and cannot support a land GDV. No planning consent, development scheme, land valuation or specific land comparable is supplied.

Investment Snapshot

Strategy Recommendation

Treat only as a speculative development-land purchase subject to satisfactory legal-pack review, planning investigation and a defined consented scheme. Do not underwrite it as BTL, BRRR or a conventional flip on the supplied evidence.

Works Required

No refurbishment scope is evidenced. The opportunity would require investigation of planning and other relevant consents before any development proposal could be assessed. No development cost allowance is supported by the evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not currently supportable. There is no evidenced planning consent, development scheme, GDV, works budget or rental estimate. At the £30,000 guide, the known guide-price acquisition subtotal including the £1,800 administration charge is £31,800, before any disbursements or development costs.

Buy-to-Let Analysis

BTL is not assessable because the asset is land, no accommodation or rental evidence is supplied, and no sufficiently specific rental comparable was identified. No rental yield can therefore be established.

Flip Analysis

A flip appraisal cannot be completed because no consented scheme, GDV, development costs or supported selling allowance is provided. The residential sold comparables cannot be used as a land resale GDV without further evidence.

Investor Risks & Due Diligence

• Development is expressly subject to obtaining all relevant consents, with no planning consent or scheme evidenced.

• The guide is £30,000+ and the eventual purchase price may exceed the guide.

• Disbursements and other possible legal, search, seller-cost and transfer charges may become payable under the special conditions.

• No sufficiently specific rental evidence is available, so an income strategy cannot be underwritten.

• The supplied sold comparables are houses rather than land and do not establish the site's market value or development GDV.

Recommendation

Treat only as a speculative development-land purchase subject to satisfactory legal-pack review, planning investigation and a defined consented scheme. Do not underwrite it as BTL, BRRR or a conventional flip on the supplied evidence.

Strategy Rating

Analysis Confidence

The evidence confirms the land area, freehold tenure, guide price and administration charge, but provides no planning position, land comparables, development appraisal, costs, rent or GDV.