Land to the rear of 22 Coldcotes Avenue, Leeds, West Yorkshire LS9 6NB

Description

Sure to appeal to those looking for some extra parking, storage or perhaps an allotment? This compact garden plot comprises a driveway, garage with additional land / garden space to the rear. The property is located within the local selective licencing area and is within easy reach of the many shops and amenities on Harehills Lane. Interested parties are advised that the main house (22 Coldcotes Ave) is offered as a separate lot in this this auction.

Accommodation

Garden plot comprising a driveway, garage with additional land / garden space to the rear.

Location

Within the local selective licencing area and within easy reach of the many shops and amenities on Harehills Lane.

Tenure / Property Information

Investment Analysis

The supplied £105,000–£180,000 Coldcotes Avenue comparables are houses and are not reliable evidence for valuing this compact garden plot with driveway and garage. No plot-specific valuation or development evidence is supplied.

Investment Snapshot

Strategy Recommendation

Consider only for a clearly evidenced personal parking, storage or allotment need, subject to legal and physical due diligence. It is not presently supported as an income or development investment.

Works Required

No refurbishment works are evidenced. Confirm the garage, driveway, boundaries, access and permitted use before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR cannot be assessed because no supported GDV, rental income or refurbishment budget is available. The minimum £2,100 admin charge plus £360 searches materially affects the low-price purchase economics.

Buy-to-Let Analysis

No supported rental evidence exists for this plot. BTL income and yield cannot be established; the supplied flat rents are not directly applicable.

Flip Analysis

A flip appraisal is unsupported. The comparable evidence relates to terraced houses rather than this plot, and no selling allowance, development value or project cost is supplied.

Investor Risks & Due Diligence

• House comparables are not directly applicable to the plot.

• The minimum £2,100 admin charge is substantial relative to the £5,000 guide.

• Searches cost £360 and other charges may apply.

• The main house is offered separately, so no house ownership or direct control is included.

• Plot dimensions, boundaries, access and permitted use are not evidenced.

• No income, GDV or resale surplus can be established.

Recommendation

Consider only for a clearly evidenced personal parking, storage or allotment need, subject to legal and physical due diligence. It is not presently supported as an income or development investment.

Strategy Rating

Analysis Confidence

The evidence provides a guide price and description but no plot-specific valuation, condition budget, rent, GDV, dimensions, access documentation or confirmed total fees.