Land to the South of Quinnell Drive, Hailsham, East Sussex, BN27 1QN

Description

A Plot of Land Measuring Approximately 335 sq m (3,605 sq ft). A triangular shaped parcel of land measuring approximately 335 sq m (3,605 sq ft).

Location

The land is situated on a residential road close to local shops and amenities. There are numerous green open spaces that are within easy reach. Transport links are provided by Polegate rail station.

Tenure / Property Information

Investment Analysis

The property is a freehold triangular land parcel of approximately 335 sq m (3,605 sq ft). The supplied sold comparables are completed sales of nearby houses, not land, so they do not establish a reliable land value or GDV. No planning consent, development potential, access, services, title restrictions or valuation evidence is supplied. Accordingly, GDV, refurbishment costs, maximum bid and resale surplus cannot be reliably estimated.

Investment Snapshot

Strategy Recommendation

Treat as a speculative land opportunity only. Do not rely on the nearby house sales; proceed only after satisfactory legal, planning, access, services and title due diligence.

Works Required

No physical works can be specified from the evidence. Any development would first require investigation of planning prospects, access, services, title matters, site constraints and applicable professional or application costs.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR strategy cannot be assessed on the supplied evidence. There is no confirmed developable scheme, GDV, works budget, rental evidence or refinance valuation.

Buy-to-Let Analysis

BTL analysis is not supported because the asset has no accommodation and no sufficiently specific rental evidence. No rental yield can be established.

Flip Analysis

A flip appraisal cannot be quantified. Nearby house sales range from £245,000 to £417,500, but these are not comparable to an undeveloped land parcel and cannot be used as a supported GDV.

Investor Risks & Due Diligence

• Planning permission and development potential are not evidenced.

• The triangular shape may constrain any potential use or development, although no detailed site assessment is supplied.

• Access, service connections and title restrictions are not evidenced.

• Nearby sold comparables are houses rather than comparable land transactions.

• Additional disbursements, search fees, seller costs, legal fees and transfer fees may be payable under the auction terms.

• No rental evidence or income-producing accommodation is supplied.

Recommendation

Treat as a speculative land opportunity only. Do not rely on the nearby house sales; proceed only after satisfactory legal, planning, access, services and title due diligence.

Strategy Rating

Analysis Confidence

The evidence confirms the approximate land size, freehold tenure, location and nearby house sales, but provides no planning, access, services, title, development, rental or land-comparable evidence.