Land at Chaffinch Close, Poole, Dorset, BH17 7UR

Description

Current vacant plot situated in the highly coveted location of Chaffinch Close, in one of Poole's most sought-after neighbourhoods. Auction House have not visited or inspected the land. Purchasers are deemed to rely on their own enquiries regarding any possible development potential, planning and other consents or rights over the land, including adopted highways and public rights of way. Investment potential. Excellent prospect for a range of uses. Sought-after Broadstone / Poole location. Approximately 404m² total area.

Accommodation

Vacant plot; approximately 404m² total area.

Location

Chaffinch Close, Poole, Dorset. Strong local connectivity via the A35, A3049 and A349, with the A31/M27 for long-distance travel. Multiple railway stations within 2–6 miles, with direct London services. Bournemouth Airport is nearby; Southampton Airport provides wider routes.

Tenure / Property Information

Investment Analysis

The £18,000 guide is not independently supportable as market value from the supplied evidence. The five completed sales are houses on Chaffinch Close, not comparable land transactions, and cannot establish land value or development GDV. No planning status, access, services, rights, site constraints or development consent is supplied. The plot is approximately 404m², but its development potential remains unverified.

Investment Snapshot

Strategy Recommendation

Treat as a speculative land acquisition only. Do not rely on residential comparables or development potential until planning, access, title, services and rights have been independently verified.

Works Required

No physical works are evidenced. Before bidding, purchasers would need to investigate planning and development potential, access, adopted highways, public rights of way, services, title matters and other necessary consents. Any future construction works cannot be estimated from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR strategy cannot be underwritten from the evidence. There is no supported GDV, planning consent, construction scope, development cost, rent or refinance value. The known exchange costs are the £1,500 buyer premium and £900 administration charge, with possible additional disbursements.

Buy-to-Let Analysis

BTL analysis is not possible because the asset is a vacant plot, no completed dwelling is evidenced and no sufficiently specific rental comparable or auctioneer rent estimate is supplied. No rental yield can therefore be established.

Flip Analysis

A flip appraisal cannot be completed. The house sales on the road provide context for the surrounding residential market but are not land comparables and do not establish the value of a consented or completed development. Planning and build costs are unknown.

Investor Risks & Due Diligence

• Auction House has not inspected the land.

• Development potential, planning and other consents are unverified.

• Access, adopted highways and public rights of way require purchaser due diligence.

• Title, rights, services and site constraints are not evidenced.

• Possible search, seller-cost reimbursement, legal, transfer and other disbursements are not quantified.

• House sale comparables are not directly applicable to valuing the vacant plot.

• No supported rental income or exit value is available.

Recommendation

Treat as a speculative land acquisition only. Do not rely on residential comparables or development potential until planning, access, title, services and rights have been independently verified.

Strategy Rating

Analysis Confidence

The evidence confirms tenure, vacancy, approximate area, guide price and auction charges, but provides no planning position, land comparables, services information, development consent, costs, rent or GDV evidence.