Land lying to the south of, The Glebe, BATH, Avon, BA2 7UA

Description

Circa ½ acre parcel of mixed grass/woodland in a sought-after picturesque village location.

Location

Situated in the sought-after village of Freshford, surrounded by beautiful Somerset countryside and within easy reach of Bath. The land is south of The Glebe, irregular in shape, and comprises grassed areas and woodland with footpaths leading to farmland to the south. What3Words location: trio.cycles.body.

Tenure / Property Information

Investment Analysis

The £5,000 guide is the only supplied pricing evidence and is not a formal valuation. No completed land comparables, planning information, development consent, rental evidence or detailed lease terms have been supplied, so market value, GDV and development value cannot be reliably estimated. The known guide price plus the £1,800 inclusive-of-VAT contract documentation fee is £6,800 before other buyer, vendor, auctioneer, seller or legal costs.

Investment Snapshot

Strategy Recommendation

Treat as a speculative leasehold land purchase only. Do not bid without reviewing the legal pack and confirming access, boundaries, lease obligations, permitted use, planning position and all completion costs.

Works Required

No specific works are evidenced. The opportunity requires legal-pack review and confirmation of lease terms, access, boundaries, permitted use and any planning position before considering works or development.

Rental & Market Context

Potential BRRR Position

BRRR is not supported by the evidence. There is no residential accommodation, refurbishment budget, GDV, rental evidence or refinance valuation. The lease is new and for 999 years with peppercorn ground rent, but other lease information is awaited.

Buy-to-Let Analysis

BTL is not assessable. The property is described as circa half an acre of mixed grass and woodland with no accommodation, and no sufficiently specific rental comparable or passing rent has been supplied. No rental yield can therefore be established.

Flip Analysis

A flip or land resale appraisal cannot be quantified because there are no land comparables, planning details, development permissions, resale evidence or supported selling allowance. The £1,800 documentation fee and potentially additional buyer, vendor, auctioneer and seller fees would need to be included in any future appraisal.

Investor Risks & Due Diligence

• Lease information is otherwise awaited and must be checked in the legal pack.

• The buyer is responsible for vendor and auctioneer fees, with potential additional seller fees payable on completion.

• The property is irregularly shaped and comprises mixed grass and woodland; exact boundaries and access require verification.

• No planning permission, development potential or permitted use is evidenced.

• No rental evidence or accommodation is supplied, so income and yield cannot be established.

• Leasehold ownership requires review of all lease covenants, rights, restrictions and liabilities.

Recommendation

Treat as a speculative leasehold land purchase only. Do not bid without reviewing the legal pack and confirming access, boundaries, lease obligations, permitted use, planning position and all completion costs.

Strategy Rating

Analysis Confidence

Only the guide price, one known fee, broad land description and headline lease term are supplied. There are no comparables, planning details, detailed lease terms, rents, development evidence or costed works.