Land on the east side of Whitmore Lane, Ascot, Berkshire, SL5 0PX

Description

Freehold parcel of land of approximately 0.5 acres adjoining Coworth Park Hotel, with further potential subject to planning and other necessary consents, and approximately 90 ft road frontage to Whitmore Lane. The land comprises a roughly rectangular-shaped parcel. Purchasers are deemed to rely upon their own enquiries regarding planning and other permissions.

Accommodation

Approximately 0.5 acres of land with approximately 90 ft road frontage to Whitmore Lane.

Location

The site is situated between Whitmore Lane and Coworth Park within Sunningdale in Ascot. Sunningdale and Ascot Mainline Rail Stations provide direct links to Reading and London Waterloo. Road links include the A30, M4 and M3. Sunningdale offers village amenities including Waitrose and various restaurants, with further amenities in Windsor.

Tenure / Property Information

Investment Analysis

The subject is a vacant freehold land parcel of approximately 0.5 acres with about 90 ft of road frontage and stated further potential subject to planning and other consents. The supplied evidence does not confirm any planning permission, development capacity, lawful use or services. Nearby sold evidence ranges from £49,250 and £60,000 for Plot 5 to £250,000 for Plots 1–4, but the supplied information does not establish that these plots are directly comparable in size, consent or development potential. The £5,000,000 Blacknest Park sale is not sufficiently comparable. A reliable GDV or maximum bid cannot therefore be established.

Investment Snapshot

Strategy Recommendation

Planning-led land hold or conditional acquisition only after confirming development potential, access, services, title and all special conditions. Do not underwrite BTL or a conventional flip without consent and a supported end value.

Works Required

No physical works are evidenced. The immediate requirement is due diligence regarding planning, access, services, boundaries, permitted use and any necessary consents. Any future development works would depend on approvals and are not quantified.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR strategy is not supportable on the evidence. There is no confirmed planning permission, development scheme, completed accommodation, refurbishment budget or refinance valuation. The £1,800 inclusive-of-VAT contract documentation fee is known; additional seller fees may apply but are unspecified.

Buy-to-Let Analysis

BTL cannot be assessed because the asset is land, no existing accommodation or passing rent is evidenced, and the supplied £3,333 pcm commercial asking rent is generic rental evidence rather than evidence for this parcel. No rental yield is supportable.

Flip Analysis

A flip appraisal cannot be reliably completed because no consented development, build specification, GDV or selling-cost allowance is evidenced. The local plot sales indicate a potentially relevant market but are insufficient to value this specific parcel.

Investor Risks & Due Diligence

• No planning permission or development capacity is confirmed.

• Purchasers must make their own enquiries regarding planning and other permissions.

• Access, services, boundaries and any restrictions are not evidenced.

• Additional seller fees may be payable under the Special Conditions of Sale but are not provided.

• The supplied rental evidence is a generic advertised commercial asking rent and is not specific to the land.

• Comparable plot sales have materially different descriptions and may not be directly comparable.

Recommendation

Planning-led land hold or conditional acquisition only after confirming development potential, access, services, title and all special conditions. Do not underwrite BTL or a conventional flip without consent and a supported end value.

Strategy Rating

Analysis Confidence

The title, approximate area, frontage, location, tenure, guide and one known buyer fee are supplied, but planning status, development capacity, services, comparable plot characteristics, seller fees and end value are unconfirmed.