Land adjoining 1, Aylesbury Drive, Braintree, Essex, CM77 7AW

Description

Freehold parcel of land with potential. Future Development Opportunity (stpp). The sale comprises a parcel of land off Aylesbury Drive. Whilst sold on an unconditional basis, the land could hold potential for development. This could provide the opportunity for a buyer to consider developing this site subject to all necessary consents. All plans and CGI are indicative only. Buyers must rely only on their own enquiries with regard to any development potential and permissions required.

Location

The site is situated off Aylesbury Drive. Public transport is provided by local bus routes and Braintree rail station. Shopping amenities can be found within Great Notley itself or more comprehensive facilities available at Braintree. Recreational pursuits can be found at Chelmsford City Racecourse.

Tenure / Property Information

Investment Analysis

The evidence confirms a freehold parcel of land with potential development opportunity, but provides no site area, planning consent, approved scheme, access details, services information or development valuation. Nearby residential sales evidence is not sufficient to establish land value or GDV. The £7,000 guide is not a supported market value. A £1,800 inclusive-of-VAT contract documentation fee is payable, with possible additional seller fees under the special conditions.

Investment Snapshot

Strategy Recommendation

Treat as a speculative land and planning opportunity only. Proceed only after satisfactory independent investigation of planning potential, access, services, title and all auction special conditions.

Works Required

No works can be specified from the evidence. Any development would require the buyer to establish feasibility, obtain all necessary consents and confirm access, services and construction requirements.

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, works budget, completed accommodation or rental evidence. Refinance proceeds cannot be estimated.

Buy-to-Let Analysis

BTL analysis is not supported because the property is an undeveloped land parcel with no accommodation and no subject-property rental evidence. The supplied asking rents relate to other locations and cannot be applied.

Flip Analysis

A flip appraisal is not supported. The nearby house sales do not establish the value of this land or any future development. Any resale value would depend on planning, access, services, design and build feasibility.

Investor Risks & Due Diligence

• No planning consent or guaranteed development potential is evidenced.

• The sale is unconditional and buyers must undertake their own enquiries.

• Indicative plans and CGI cannot be relied upon as evidence of an approved scheme.

• Site area, access, services and development requirements are not provided.

• A £1,800 inclusive-of-VAT contract documentation fee is payable.

• Additional seller fees may be payable under the special conditions of sale.

Recommendation

Treat as a speculative land and planning opportunity only. Proceed only after satisfactory independent investigation of planning potential, access, services, title and all auction special conditions.

Strategy Rating

Analysis Confidence

The evidence confirms tenure, location and guide price but omits site area, planning position, access, services, development capacity, costs, accommodation and applicable market or rental evidence.