Land Lying to the North of, 31 Withy Trees Road, South Littleton, Evesham, WR11 8YB

Description

A Vacant Freehold Large Plot of Land, which may be suitable for Development, subject to planning consents. Circa: 0.939 acres (0.380 hectares).

Location

A large plot of land in a residential area, with return frontage to Withy Trees Road and Norval Road, located in South Littleton to the East of Evesham, Worcestershire. The plot has potential for development, subject to planning consents.

Tenure / Property Information

Investment Analysis

The £50,000+ guide is not sufficient to establish market value or development land value. Nearby completed residential sales on Withy Trees Road range from £240,000 to £352,500, but these are completed houses rather than comparable development land and cannot support a land GDV. The plot is approximately 0.939 acres, with development potential expressly subject to planning consent. No planning status, allocation, consent, access, services, abnormal-cost or scheme evidence is supplied.

Investment Snapshot

Strategy Recommendation

Treat as a planning-led land opportunity only. Do not underwrite development or resale profit until planning, access, services, legal conditions and a residual appraisal are verified.

Works Required

Planning and development due diligence only can be supported from the evidence: review planning policy and any existing applications, commission appropriate surveys, verify access from the stated road frontages, and investigate availability and connection costs for services. No construction works can be specified before an acceptable scheme and consent are established.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not presently supportable. The land has no stated lettable accommodation, no planning consent or supported GDV, and no refurbishment or build-cost evidence. Refinance at 75% of GDV cannot be calculated.

Buy-to-Let Analysis

BTL is not assessable because the asset is vacant land with no accommodation and no sufficiently specific rental evidence. There is no supported rental income or yield calculation.

Flip Analysis

A development-led resale strategy may be possible only if planning consent and a viable scheme are secured. The nearby house sales provide context for finished residential property but do not establish a land GDV, build costs, selling costs or residual profit. Estimated flip surplus is therefore unsupported.

Investor Risks & Due Diligence

• Development is expressly subject to planning consent, which is not evidenced.

• No supported development GDV or residual land value is available.

• Access, infrastructure and utility availability or connection costs are not supplied.

• Additional costs may be stated in the legal pack and are not quantified; the £2,700 administration charge is known but other costs are not.

• Nearby completed house sales are not directly comparable to the vacant development plot.

• No rental income evidence exists, so BTL yield cannot be established.

Recommendation

Treat as a planning-led land opportunity only. Do not underwrite development or resale profit until planning, access, services, legal conditions and a residual appraisal are verified.

Strategy Rating

Analysis Confidence

The evidence confirms freehold vacant land, approximate area, location and guide price, but provides no planning position, development scheme, land comparables, services information, build costs, selling costs or rental evidence.