Land at junction of Crabtree Drive and Ashwood Grove, Barnsley, South Yorkshire

Description

A parcel of land laying in between Crabtree Drive and Ashwood Grove, set just on the edge of Great Houghton. This plot of land offers potential development opportunities subject to any necessary consent. It is sold with no planning permission in place and prospective purchasers should make their own enquiries as to what options are available, prior to purchasing. Please refer to the legal pack prior to bidding.

Accommodation

Parcel of land.

Location

Located within a popular residential area on the edge of Great Houghton. Local amenities include schools and shops, with a public bus route running through. The area is served by the A635. Goldthorpe and Thurnscoe are nearby and offer further amenities and railway stations.

Tenure / Property Information

Investment Analysis

The £14,000 guide is the only supplied land pricing evidence. The sold comparables are completed sales of detached houses on Crabtree Drive (£214,000–£325,000), not comparable land transactions, so they do not support a plot GDV. The land has no planning permission and development potential is expressly subject to necessary consent. A reliable GDV, resale value, rent and maximum bid cannot therefore be established from the evidence supplied.

Investment Snapshot

Strategy Recommendation

Treat as a planning-led land opportunity only. Do not bid on a conventional BTL, BRRR or flip basis without satisfactory planning and legal due diligence.

Works Required

No physical works can be specified from the evidence. The purchaser would need to investigate planning potential and any necessary consents, review the legal pack and satisfy themselves regarding site constraints before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR strategy cannot be underwritten because there is no planning permission, no supported development scheme, no GDV, no works budget and no refinance valuation. The £1,800 inclusive-of-VAT contract documentation fee is known, while any seller fees are unspecified.

Buy-to-Let Analysis

BTL analysis is not applicable on the supplied evidence. No dwelling, accommodation or sufficiently specific rental comparable is provided, and no passing or estimated rent is stated.

Flip Analysis

A flip appraisal cannot be completed. The detached-house comparables do not establish the value of this land, and there is no planning consent, development specification, GDV or supported selling allowance.

Investor Risks & Due Diligence

• No planning permission is in place.

• Development potential is subject to necessary consent and purchaser enquiries.

• The supplied sold comparables are detached houses and are not direct land comparables.

• The site area, boundaries, services and physical constraints are not provided.

• Any seller fees payable on completion are unspecified.

• The legal pack must be reviewed before bidding.

Recommendation

Treat as a planning-led land opportunity only. Do not bid on a conventional BTL, BRRR or flip basis without satisfactory planning and legal due diligence.

Strategy Rating

Analysis Confidence

The evidence confirms freehold land, a £14,000 guide and a known £1,800 documentation fee, but provides no planning consent, site area, development scheme, land comparables, GDV, works budget or rental evidence.