Land to the rear of 40 Helmsdale Close, Reading

Description

A freehold parcel of land located to the rear of 40 Helmsdale Close, Reading, RG30 2PS. The site presents an opportunity for a variety of potential uses, subject to the necessary consents being obtained.

Location

The site is situate to the rear of 40 Helmsdale Close, Reading, being a popular and central area of the town, close to a range of facilities and amenities. Reading itself offers excellent transport links to the surrounding area.

Tenure / Property Information

Investment Analysis

This is a freehold land parcel with no stated area, planning permission, permitted use or development consent. The supplied terraced-house sales are not directly comparable and do not establish land value or GDV. The £1,000 guide is therefore not evidence of market value.

Investment Snapshot

Strategy Recommendation

Only consider as a planning-led land opportunity after reviewing the legal pack, title, boundaries, access, services and planning prospects. Do not rely on the guide price as value evidence.

Works Required

No physical works can be specified from the evidence. Any use or development would require investigation and the necessary consents.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not supported because no GDV, rental value, planning consent or refurbishment budget is evidenced. At the £1,000 guide, the stated buyer premium and admin charge add £3,000 before any disbursements or other costs.

Buy-to-Let Analysis

BTL analysis is not supported: there is no accommodation description, rental evidence or stated permitted residential use.

Flip Analysis

A flip appraisal cannot be established without planning status, site dimensions, permitted scheme, build costs, GDV and selling-cost evidence. The supplied house comparables are not suitable for valuing this land parcel.

Investor Risks & Due Diligence

• Potential uses and development are subject to necessary consents.

• No site area, boundaries, access, services or planning status is supplied.

• The residential sold comparables do not establish land value.

• Disbursements and other legal, search, seller-cost and transfer charges may be payable.

• No rental evidence or income-producing use is established.

Recommendation

Only consider as a planning-led land opportunity after reviewing the legal pack, title, boundaries, access, services and planning prospects. Do not rely on the guide price as value evidence.

Strategy Rating

Analysis Confidence

Key land details, planning information, dimensions, permitted use, valuation evidence, costs and income evidence are absent.