Land and access off the East side of Ashmore Lane, Keston, Kent, BR2 6DH

Description

Freehold land and access way. Site area: 21,500 sq ft. Management Opportunity.

Location

The site is situated off on and around Ashmore Lane, located between Bromley, Warlingham, Westerham and Sevenoaks in Kent. Transport options include London Biggin Hill Airport, road links via the A21, M26 and M25, local bus routes and Woldingham, Oxted and Orpington rail stations.

Tenure / Property Information

Investment Analysis

The property is 21,500 sq ft of freehold land and an access way, subject to access rights. No planning consent, development potential, permitted use, services, site constraints or independent land valuation is supplied. The sold comparables are residential houses and are not reliable evidence of this land’s value. The £5,000 guide is an auction guide, not a market valuation. The known buyer cost is £1,800 inclusive of VAT; seller fees may also apply but are unspecified.

Investment Snapshot

Strategy Recommendation

Only consider as a speculative land purchase after satisfactory legal, access, planning, title and use due diligence. Do not underwrite it as a BTL, BRRR or conventional refurbishment project.

Works Required

No refurbishment works are evidenced. Before bidding, verify the legal extent of the land, access rights, title restrictions, planning position, permitted use, services, boundaries and any management obligations.

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, rental income, refurbishment scope or refinance valuation. The known guide plus buyer documentation fee totals £6,800 before any seller fees or other acquisition costs.

Buy-to-Let Analysis

BTL is not assessable: the asset is land and an access way with no accommodation and no sufficiently specific rental evidence. No rental income or gross yield can be supported.

Flip Analysis

A flip/resale surplus cannot be calculated because no land GDV, planning uplift, permitted use, resale evidence or selling-cost allowance is supplied. The residential sold comparables do not establish the value of this land.

Investor Risks & Due Diligence

• No supported market value or GDV for the land.

• No planning consent or development potential evidence supplied.

• The land is subject to access rights, with their scope and practical impact unspecified.

• No rental income or sufficiently specific rental comparable is available.

• Seller fees may be payable under the special conditions but are not quantified.

• Residential house comparables are not directly applicable to this land and access way.

• Boundaries, services, permitted use, title restrictions and management obligations are unconfirmed.

Recommendation

Only consider as a speculative land purchase after satisfactory legal, access, planning, title and use due diligence. Do not underwrite it as a BTL, BRRR or conventional refurbishment project.

Strategy Rating

Analysis Confidence

The evidence confirms the land area, tenure, guide and one buyer charge, but provides no planning, use, valuation, income, development or comparable land evidence.