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Land at Church Hill, Loughton, Essex IG10 1LA
Freehold Parcel of Land, Church Hill
Land at Church Hill, Loughton, Essex IG10 1LA
For Sale
£1,000+
• Parcel of land
• Freehold
• Vacant possession
Description
The property comprises a parcel of land, located in front of the former Zizzi Italian restaurant.
Accommodation
Parcel of land
Location
Located in front of the former Zizzi Italian restaurant.
Tenure / Property Information
Tenure |
Freehold |
Occupancy |
Vacant possession |
Investment Analysis
No reliable market value or GDV can be established from the evidence. The supplied sold comparables relate to other properties, including houses and unspecified 'Other' properties, and do not evidence the value of this parcel. No land area, planning permission, permitted use, development potential or direct land comparables are supplied. The £1,000 guide is not a valuation. VAT applies, but the applicable amount is not stated.
Investment Snapshot
Guide Price |
£1,000 |
Strategy Recommendation
Do not bid on an investment-return basis without verifying the land area, title, access, planning/use status, services, restrictions and a direct land valuation. Treat the £1,000 guide as an auction guide only.
Works Required
No refurbishment works are specified. Any works, access arrangements, surfacing, fencing or services requirements would need verification before bidding.
Rental & Market Context
|
Property to rent in IG10 — — Advertised asking rent |
£2,500 pcm |
|
Properties To Rent in Church Hill, Loughton, Essex — 4 bed — — Advertised asking rent |
£2,500 pcm |
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
2, Church Hill, Loughton, Epping Forest, Ig10 1la |
£2,750,000 |
|
8, Church Hill, Loughton, Epping Forest, Ig10 1la |
£600,000 |
|
42, Church Hill, Loughton, Epping Forest, Ig10 1la |
£500,000 |
|
42, Church Hill, Loughton, Loughton, Epping Forest, Ig10 1la |
£320,000 |
|
46, Church Hill, Loughton, Loughton, Epping Forest, Ig10 1la |
£262,500 |
Potential BRRR Position
BRRR cannot be assessed. There is no supported residential use, GDV, development consent, refurbishment scope, rental evidence or refinance valuation. VAT applies and buyer, administration and other seller charges are not quantified.
Buy-to-Let Analysis
BTL is not assessable because the asset is described as a vacant parcel of land with no dwelling or accommodation suitable for letting. The supplied residential asking rents are not relevant evidence of rent for this parcel.
Flip Analysis
A flip surplus cannot be calculated because there is no supported GDV, land valuation, planning position, development scheme, cost plan or selling allowance. The supplied comparables are not sufficiently comparable to this parcel.
Investor Risks & Due Diligence
• VAT applies to the lot, but the amount is not stated.
• Buyer premium, administration charges and other potential seller charges are not quantified.
• No land area, boundaries, access rights, services or title restrictions are supplied.
• No planning permission, permitted use or development potential is evidenced.
• The supplied sold comparables are other properties and are not direct evidence for this parcel.
• No reliable rental income evidence exists for the land.
Recommendation
Do not bid on an investment-return basis without verifying the land area, title, access, planning/use status, services, restrictions and a direct land valuation. Treat the £1,000 guide as an auction guide only.
Strategy Rating
HB Rating |
★☆☆☆☆ |
Analysis Confidence
Confidence |
Low |
The evidence confirms only a freehold vacant parcel of land and its location. Critical valuation, planning, size, use, cost and income information is absent, while the supplied comparables and rents are not directly applicable.
Auction Details :
Savills
Auction Date :
03/11/26
Lot Number :
151
Property Location:
Land at Church Hill, Loughton, Essex IG10 1LA
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