Land Adjacent to Silverbank, Chatham, Kent, ME5 0LQ

Description

A Plot of Land Measuring Approximately 1,045 sq m (11,250 sq ft). The lot comprises a plot of land measuring approximately 1,045 sq m (11,250 sq ft).

Location

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

Tenure / Property Information

Investment Analysis

The supplied comparables are completed sales of houses on Silverbank, ranging from £220,000 to £332,000, but none is a land sale. They do not establish the value of this 1,045 sq m plot. No planning consent, development potential, lawful use, access, services or site constraints are supplied, so no GDV or reliable land market value can be calculated.

Investment Snapshot

Strategy Recommendation

Do not bid on investment assumptions. Treat this only as a speculative land opportunity and proceed only after legal and planning due diligence confirms a valuable lawful use and an independently supportable residual land value.

Works Required

No building works are identified. Any development would require confirmation of planning status, lawful use, access, services, site constraints and the cost of obtaining any necessary permissions before works can be specified.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not supportable on the evidence. There is no confirmed residential scheme, planning consent, GDV, refurbishment scope, rental evidence or refinance valuation. At the £2,000 guide, the known purchase price plus the £1,800 administration fee totals £3,800 before any disbursements or other charges, but this is not an investment return calculation.

Buy-to-Let Analysis

BTL is not assessable because the asset is land, no accommodation or rental use is stated, and no sufficiently specific rental evidence or passing rent is supplied. Gross yield cannot be established.

Flip Analysis

A flip analysis cannot be completed because no planning-led end value, buildable scheme, development costs, selling costs or land comparable is supplied. The nearby house sales cannot be used as the plot's GDV.

Investor Risks & Due Diligence

• No planning consent or development potential is evidenced.

• No lawful use, access, services or site constraints are supplied.

• The completed-sale comparables are houses, not comparable land transactions.

• No GDV, development cost, rental or resale evidence is available.

• An £1,800 administration fee is payable, with possible additional disbursements and other charges under the legal pack.

• The guide is £2,000+ and does not establish the eventual purchase price.

Recommendation

Do not bid on investment assumptions. Treat this only as a speculative land opportunity and proceed only after legal and planning due diligence confirms a valuable lawful use and an independently supportable residual land value.

Strategy Rating

Analysis Confidence

The guide price, plot area, tenure, administration fee and nearby house sales are supplied, but there is no planning, use, access, services, development, land valuation, rental or cost evidence.