Land Lying to the North of Tottington Road, Bolton, Greater Manchester BL2 4LT

Description

Grazing / Agricultural Land totalling approx. 23.13 acres (9.36 hectare). This green belt land is currently being used as grazing/pastureland. All interested parties are advised to consult with the local planning authority with regard to their intended use. For further information relating to the land and title, please refer to the legal pack.

Location

Located off Tottington Road via Top o’th Knotts Estate, the land can be located via the public footpath as shown on the map within the photographs.

Tenure / Property Information

Investment Analysis

The £91,000 guide equates to approximately £3,935 per acre, but no directly comparable land sales are supplied. The listed residential sales are not suitable evidence for valuing this grazing/agricultural green belt land. No supported GDV or development value can be established without planning evidence.

Investment Snapshot

Strategy Recommendation

Only consider after reviewing the legal pack, confirming title/access and obtaining planning advice for the intended use. Do not underwrite residential development value.

Works Required

No physical works are evidenced. Any intended change of use, access works or development would require investigation and may require planning consent.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Not supported by the evidence. No GDV, development consent, refurbishment budget or refinance valuation is available. At the £91,000 guide, the stated minimum administration charge would be £3,600, before any disbursements or other special-condition costs.

Buy-to-Let Analysis

Not applicable: the asset is grazing/agricultural land and no passing or estimated land rent is supplied. Residential rental listings are not relevant evidence.

Flip Analysis

A flip or development resale case cannot be quantified. The land is described as green belt grazing/pastureland and no planning uplift or supported resale value is evidenced.

Investor Risks & Due Diligence

• Green belt designation and uncertainty over any proposed change of use or development.

• Current grazing/pastureland use may not support the buyer’s intended use.

• Access is described via a public footpath; legal access and rights should be verified.

• Legal-pack disbursements, search fees, seller costs, legal fees or transfer fees may be payable.

• Minimum administration charge of £3,600 applies, with other auction costs unspecified.

Recommendation

Only consider after reviewing the legal pack, confirming title/access and obtaining planning advice for the intended use. Do not underwrite residential development value.

Strategy Rating

Analysis Confidence

The evidence confirms acreage, tenure and current use but provides no comparable land sales, planning consent, rent, costs, GDV or development feasibility.