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Land North West Side of, Colchester Road, Great Totham, Essex, CM9 8DA
Marketed by:
Dedman Gray
103 The Broadway, Thorpe Bay, Southend-on-Sea SS1 3HQ, UK
01702 311111
Freehold 3-Acre Land Parcel, Great Totham
Land North West Side of, Colchester Road, Great Totham, Essex, CM9 8DA
Sold
£40,000+
• Land investment; freehold parcel of land
• Freehold
Description
A freehold parcel of land measuring approximately 3 acres with gated road frontage and access from Colchester Road. The property comprises approximately 3 acres of overgrown shrubland and woodland. The property benefits from gated road frontage and access from Colchester Road. The land is generally overgrown but the gated access has recently been cleared.
Location
Gated road frontage and access from Colchester Road.
Tenure / Property Information
Tenure |
Freehold |
Lease |
Subject to an overage of 25% for a term of 40 years. |
Investment Analysis
The evidence supports only a £40,000 auction guide, plus unspecified fees. The detached-house comparables cannot establish land value or development GDV. No planning consent, permitted use, valuation evidence, clearance cost or resale evidence is supplied.
Investment Snapshot
Guide Price |
£40,000 *PLUS FEES |
Strategy Recommendation
Only consider as a speculative land-holding investment after legal, planning, access, woodland and overage due diligence. Do not rely on residential comparables.
Works Required
Maintain the gated access and address the overgrown shrubland/woodland as required. No clearance or maintenance cost is evidenced.
Rental & Market Context
|
Houses to rent in Great Totham, CM9, Essex — 3 bed — — Advertised asking rent |
£1,600 pcm |
|
Houses to rent in Colchester Road, Great Totham, Maldon CM9 - Zoopla — 4 bed — — Advertised asking rent |
£2,000 pcm |
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
42, Chapel Road, Great Totham, Maldon, Maldon, Cm9 8da |
£485,000 |
|
34, Chapel Road, Great Totham, Maldon, Maldon, Cm9 8da |
£432,000 |
|
30, Chapel Road, Great Totham, Maldon, Maldon, Cm9 8da |
£625,000 |
|
Jade Cottage, 44, Chapel Road, Great Totham, Maldon, Maldon, Cm9 8da |
£612,000 |
|
Eden Lodge, Chapel Road, Great Totham, Maldon, Maldon, Cm9 8da |
£335,000 |
Potential BRRR Position
BRRR is not supportable because there is no evidenced residential use, GDV, refurbishment budget or refinance valuation.
Buy-to-Let Analysis
Not suitable for conventional BTL analysis: this is land with no accommodation and no supported rental evidence.
Flip Analysis
A flip surplus cannot be calculated. The supplied house sales are not valid evidence of this land parcel’s resale value, and no planning or development value is provided.
Investor Risks & Due Diligence
• 25% overage applies for 40 years.
• Planning status and development potential are not supplied.
• The land is overgrown shrubland and woodland; clearance and ongoing management costs are unknown.
• Auction fees are unspecified beyond the guide being plus fees.
• No supported rental income or residential resale value is available.
Recommendation
Only consider as a speculative land-holding investment after legal, planning, access, woodland and overage due diligence. Do not rely on residential comparables.
Strategy Rating
HB Rating |
★★☆☆☆ |
Analysis Confidence
Confidence |
Low |
The guide and tenure are supplied, but there is no land valuation, planning position, permitted use, cost evidence, rent, GDV or fee breakdown.
Auction Details :
Dedman Gray
Auction Date :
08/10/26
Lot Number :
003
Property Location:
Land North West Side of, Colchester Road, Great Totham, Essex, CM9 8DA
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