Land at Britannia Road, Huddersfield, West Yorkshire HD3 4QF

Description

A parcel of land extending to approximately 0.68 acres (0.27 hectares), primarily comprising scrubland with tree-cover. The plot is located to the rear of a terrace of dwellings fronting Britannia Road in a mixed-use area of Milnsbridge. We understand the plot is allocated for employment in the local plan and is within the Milnsbridge conservation area. The plot may be suitable for alternative uses, possibly for development, subject to any necessary consents.

Location

Located to the rear of a terrace of dwellings fronting Britannia Road in a mixed-use area of Milnsbridge. The plot is within the Milnsbridge conservation area.

Investment Analysis

The supplied sold comparables are residential properties on Britannia Road (£114,000–£170,000) and are not directly comparable to this 0.68-acre land parcel. No land transactions, planning consent, GDV evidence or development appraisal are supplied. The plot is allocated for employment and lies within the Milnsbridge conservation area, so value is highly dependent on planning, access, services, title and development viability.

Investment Snapshot

Strategy Recommendation

Proceed only as a planning-led land opportunity after confirming viable permitted use, access, services, title and development economics. Do not bid on a BTL or refurbishment basis.

Works Required

No refurbishment scope is evidenced. Before bidding, undertake planning and conservation-area due diligence, confirm title, access, services, boundaries, tree constraints and any development requirements. Any future works would depend on obtaining the necessary consents.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR strategy cannot be established because there is no supported residential end value, development consent, works budget, rent or refinance valuation. The 1.8% buyer fee is subject to a £2,400 minimum, with additional special-condition fees possible.

Buy-to-Let Analysis

BTL is not applicable on the evidence supplied because the asset is undeveloped land and no residential accommodation or passing/estimated rent is identified. The supplied flat asking rents are not directly applicable.

Flip Analysis

A flip appraisal cannot be supported. Residential house sales on the same road do not establish the value of employment-allocated land, and no planning-led GDV, development costs, selling allowance or exit evidence is supplied.

Investor Risks & Due Diligence

• No planning consent or supported alternative use is evidenced.

• The local-plan employment allocation may restrict residential or other proposed uses.

• The plot is within the Milnsbridge conservation area, creating potential additional consent and design constraints.

• Scrubland and tree cover may create ecological, arboricultural or site-clearance constraints.

• No title, access, service connection, boundary or drainage information is supplied.

• Additional fees may be payable under the Special Conditions of Sale.

• The buyer fee is 1.8% including VAT subject to a £2,400 minimum, which applies at the £15,000 guide level.

Recommendation

Proceed only as a planning-led land opportunity after confirming viable permitted use, access, services, title and development economics. Do not bid on a BTL or refurbishment basis.

Strategy Rating

Analysis Confidence

The evidence confirms approximate land area, location, planning allocation and conservation-area status, but provides no land comparables, planning consent, title information, services, access details, development appraisal, GDV or reliable income evidence.