Land at The Terrace, Barnes, London, SW13 0AQ

Description

A Plot of Land Measuring Approximately 12 sq m (134 sq ft)

Accommodation

The lot comprises a plot of land measuring approximately 12 sq m (134 sq ft).

Location

The plot is situated along the River Thames close to local shops and amenities. The open spaces of Barnes Green are within easy reach. Transport links are provided by Barnes Bridge rail station.

Tenure / Property Information

Investment Analysis

The evidence identifies a freehold land plot of approximately 12 sq m (134 sq ft), but provides no planning permission, development potential, access, services, title restrictions or permitted use. The supplied sold comparables are completed sales of houses or an unspecified freehold property at Malthouse Passage and are not sufficiently comparable to this land plot. A GDV or reliable market value cannot therefore be established.

Investment Snapshot

Strategy Recommendation

Do not bid without satisfactory legal, planning and development due diligence. Treat the plot as speculative land rather than an established income or residential development investment.

Works Required

No physical works are evidenced. Before bidding, the purchaser would need to review the legal pack and investigate planning status, permitted use, access, services, title restrictions and any development potential.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not supportable. There is no evidenced residential accommodation, rent, planning consent, GDV or refurbishment scope, and the plot may not provide a refinanceable asset without established development potential.

Buy-to-Let Analysis

BTL analysis is not supported because the asset is land, no accommodation or passing tenancy is described, and no sufficiently specific rental evidence is available.

Flip Analysis

A flip surplus cannot be calculated. The supplied house sales are not reliable evidence for the resale value of this 12 sq m land plot, and no supported selling allowance or GDV is available.

Investor Risks & Due Diligence

• Planning permission, permitted use and development potential are not provided.

• Access, services, title restrictions and other legal matters are unknown and may create additional costs or prevent useful development.

• No sufficiently specific rental evidence or accommodation is identified, so there is no evidenced income strategy.

• The £1,800 inc VAT administration fee is payable, with further legal-pack disbursements potentially payable.

• The supplied sold comparables are houses or an unspecified property rather than comparable land.

• No reserve price is stated, so the eventual purchase price is unknown.

Recommendation

Do not bid without satisfactory legal, planning and development due diligence. Treat the plot as speculative land rather than an established income or residential development investment.

Strategy Rating

Analysis Confidence

Evidence confirms size, freehold tenure, location and the £1,800 administration fee, but provides no planning, use, access, services, title, rent or directly comparable land-sale evidence.