Land Adjacent to, 22 Leafield Place, Trowbridge

Description

Freehold Land of approximately 4,750 sq ft.

Location

Situated at the junction with Chilmark Road, close to the amenities available in Trowbridge Town Centre and travelling facilities including Trowbridge Train Station.

Tenure / Property Information

Investment Analysis

The supplied comparables are completed sales of detached freehold houses on Leafield Place, ranging from £275,000 to £515,000. They do not establish the value of this 4,750 sq ft parcel of freehold land. No planning permission, permitted use, development potential, access, services, or land-specific comparable evidence is supplied, so GDV and a supported maximum bid cannot be established.

Investment Snapshot

Strategy Recommendation

Do not bid on the available evidence. Obtain and verify planning status, lawful use, title and boundaries, access, services, development feasibility, special conditions and all completion charges before considering the land.

Works Required

No physical works are evidenced. Any development, clearance, servicing, access or construction requirements cannot be assessed from the supplied information.

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 residential scheme, GDV, rent, works budget or refinance valuation. The £5,000+ guide is not a confirmed purchase price; the stated buyer premium would be £500 inclusive of VAT for a purchase below £10,000, subject to the final price and any seller fees.

Buy-to-Let Analysis

BTL is not assessable because the asset is land, no accommodation is described, and no sufficiently specific rental evidence or auctioneer rent estimate is provided.

Flip Analysis

A flip appraisal cannot be supported. The house sales are not suitable evidence of the value of undeveloped land, and no development permission, end value, construction cost or selling allowance is supplied.

Investor Risks & Due Diligence

• Planning status and development potential are not supplied.

• Access, boundaries and availability of services are not supplied.

• The supplied comparables are houses rather than land and cannot directly support a land valuation.

• The guide price is not a confirmed sale price.

• The seller may charge additional completion fees under the special conditions.

Recommendation

Do not bid on the available evidence. Obtain and verify planning status, lawful use, title and boundaries, access, services, development feasibility, special conditions and all completion charges before considering the land.

Strategy Rating

Analysis Confidence

Only the land area, tenure, guide, buyer premium and nearby house sales are supplied. Critical land-development, planning, valuation, cost and income evidence is absent.