Land on the Southeast of Staines Road, Chertsey, KT16 9EG

Description

Description Town & Country Property Auctions are delighted to offer For Sale by Public Auction this rare and unique parcel of land in the popular location of Chertsey KT19. The property is being sold with vacant possession and the freehold. We ask all interested parties to do their own research into the possible potential of the land. The property will be entered into our 9th September auction which is held online and starts at 10am. You must register to bid and download the legal pack. PROPERTY FEATURES . Parcel of Land with Re-Development Potential . Off Road Parking . Multiple Uses STP . Outbuildings Included . Gated Entrance . 28 Day Completion VIEWING ARRANGEMENTS We will be holding viewing slots, please call us on 01202 143399. The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open. Tenure Freehold

Location

Land on the Southeast of Staines Road, Chertsey, KT16 9EG

Investment Analysis

Investment Snapshot

Strategy Recommendation

Preferred strategy: Development. Confirm this against the legal pack, inspection, finance and local market evidence before bidding.

Works Required

• Obtain a condition / structural survey

• Electrical and heating checks

• Allow for decoration and repairs

• Verify planning status, access, services and development constraints

HB initial works allowance: £21,000–£61,249. This is an investment-feasibility allowance, not a contractor quotation.

Rental & Market Context

No reliable current rent is stated in the supplied scrape.

GDV / Resale Analysis

HB indicative post-works / stabilised value range: £236,250–£350,000. This is an appraisal estimate only, not a RICS valuation. Verify against recent genuinely comparable sold evidence.

Properties Sold Within Approx. 5 Miles

Specific sold transactions are not contained in the supplied scrape, so no unverified addresses or sold prices have been inserted. Check recent Land Registry / local comparable evidence before setting a maximum bid.

Potential BRRR Position

A standard residential BRRR refinance is not the primary strategy. Appraise development costs, planning, professional fees, finance and completed-unit GDV separately.

Flip Analysis

HB's broad indicative developed/value-add range is £236,250–£350,000, but development profit must be calculated only after build costs, professional fees, finance, planning obligations and sales costs.

Investor Risks & Due Diligence

• Review the full legal pack, title and special conditions

• Confirm buyer's premium / auction administration charges and completion timetable

• Obtain a suitable condition or structural survey

• Verify refurbishment quotations and contingency

• Verify current rental evidence and recent comparable sales

• Confirm lender requirements, valuation and exit finance

• Verify planning, access, services, CIL/S106 and development constraints

Recommendation

Initial recommendation: Development. Proceed only if the legal pack, condition, funding and exit-value evidence support the proposed maximum bid.

Strategy Rating

Development: ★★★★☆ | Resale: ★★★☆☆ | Buy-to-Let: ★☆☆☆☆