Land At Hapton Street Liverpool, Merseyside, L5 3QF

Description

Cleared plot of land available off Hapton Street, L5, with lapsed planning for 8 three storey town houses and 4 apartments. Lease – Remainder of 1000 year lease from 1716 Planning Portal – Liverpool Council Planning Ref – 08F/1658

Location

The land is located on the corner of Netherfield Road North and Hapton Street close to schooling and local amenities.

Auction Information

Tenure

Leasehold. The legal pack is the definitive source for lease length, title, covenants, service charges, ground rent and special conditions.

Development / Planning

Cleared plot of land available off Hapton Street, L5, with lapsed planning for 8 three storey town houses and 4 apartments.

Investment Analysis

Market Comparables

Use recent Land Registry sold evidence and genuinely comparable current/let rental evidence for the same micro-location, accommodation, tenure and condition. Venmore’s stated rents or rental opinions are retained as auctioneer evidence where supplied; HB screening figures are not a formal valuation.

Proposed Works

HB desktop allowance: £9,000. Scope should be confirmed from inspection, photographs, survey and contractor pricing. Prioritise structure, roof/damp, services, heating/electrics, windows, kitchens/bathrooms, decoration and external works only where relevant to this specific property.

Rental Value

No achieved/current rent has been assumed where the auction particulars do not provide one. Obtain current comparable letting evidence before relying on a BTL appraisal.

Low / Base / High Investment Scenario

Specialist Development Analysis

Assess planning status, conditions, affordable-housing/CIL/S106 exposure, access, services, abnormal ground costs, professional fees and finance through a residual appraisal. Lapsed or illustrative planning is not treated as implementable consent.

Maximum Bid Indicator

Derive the bid from verified end value less build/site costs, buyer fee, legal/professional fees, finance, holding, contingency, selling costs and required developer profit. SDLT is buyer-specific and is not included in this desktop screen.

Strategy Recommendation

Development/land strategy only where planning and legal due diligence support it; otherwise assess on existing-use value.

Strategy Rating

Development: ★★★☆☆ | Land Hold: ★★★☆☆ | BTL: Not applicable until a lawful dwelling exists

Key Risks

Lease length, ground rent, service charge and lender acceptability, planning status and conditions, listed-building constraints, legal-pack special conditions, condition/survey, finance and valuation risk.

Analysis Confidence

Medium for facts reproduced from Venmore’s particulars; low-to-medium for HB desktop works/value screens until inspection, legal-pack review, direct sold/rental comparables and contractor/QS pricing are completed.