Newfield Road, Liss, Hampshire, GU33 7BW

Description

Current vacant plot situated in the location of Newfield Road in Liss, East Hampshire. Purchasers are deemed to rely on their own enquiries with regard to any possible development potential for this individual plot in respect of planning and any other consents or rights over the land. The details show an artist’s impression of how a development on this site could look subject to planning application being approved by the relevant local authority. Large flat plot; site totalling approximately 130m²; investment potential; safe, affluent and secure area; lovely potential; excellent location for a semi-rural lifestyle; subject to planning.

Accommodation

Large flat plot; site totalling approximately 130m².

Location

Located in a sought-after semi-rural village. The property is positioned for access to walking and riding countryside in the immediate surrounding area. A newly refurbished village pub and the village recreation ground are within a short level walk. More extensive facilities are available in Liss village centre, which provides shops for day-to-day needs and is in the catchment area for Bohunt in Liphook and TPS in Petersfield. Liss Triangle community centre provides various facilities, clubs and societies, First Steps pre-school, the Triangle after-school club, fitness classes, a coffee shop and cinema events. The village also has a modern sports pavilion opposite the property.

Tenure / Property Information

Investment Analysis

Vacant freehold land plot of approximately 130m². The supplied comparable sales are completed house sales on Newfield Road, not land sales, and therefore do not support a plot GDV. Development potential, planning permission, access, services, rights and other consents are expressly unconfirmed. The £10,000 guide is an auction guide, not a market valuation.

Investment Snapshot

Strategy Recommendation

Treat as a planning-led land speculation only. Obtain legal-pack review, planning advice, access and service information, and a clear all-in cost assessment before bidding; do not rely on the nearby house sales to justify a bid.

Works Required

No physical works are specified. Any development would require the purchaser to investigate and obtain any necessary planning permission, consents, rights and associated approvals.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not currently supportable. There is no evidenced residential accommodation, GDV, rent or planning consent. The known guide price plus buyer premium and admin charge totals £12,400 before any additional search, seller, legal, transfer or disbursement costs.

Buy-to-Let Analysis

BTL analysis is not supported because the asset is vacant land, no dwelling exists, no planning consent is evidenced and no rental comparable or auctioneer rent estimate is supplied. Rental yield cannot be established.

Flip Analysis

A flip appraisal cannot be established because there is no supported completed development scheme, planning consent, build-cost evidence, plot comparable or GDV. The supplied nearby house sales cannot be used as a supported resale value for this land plot.

Investor Risks & Due Diligence

• Development potential and planning permission are unconfirmed.

• Purchasers must make their own enquiries regarding planning, consents, rights and other matters affecting the land.

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

• Additional search fees, seller costs, legal fees, transfer fees and legal-pack disbursements may be payable.

• No rental evidence or existing residential accommodation is supplied.

• The auction guide is not a valuation and the buyer premium and admin charge are non-refundable on exchange.

Recommendation

Treat as a planning-led land speculation only. Obtain legal-pack review, planning advice, access and service information, and a clear all-in cost assessment before bidding; do not rely on the nearby house sales to justify a bid.

Strategy Rating

Analysis Confidence

The evidence confirms location, tenure, vacancy, approximate plot size and auction charges, but provides no planning status, land comparables, development appraisal, build costs, services, rent or supported GDV.