Plot 1, Rugeley Road, Hazel Slade, Cannock, Suffolk WS12 0PH

Description

An opportunity to acquire a parcel of land extending to approximately 1.8 acres in Hazelslade, Cannock with frontage to Rugeley Road. The site presents the opportunity for a range of opportunities to explore for potential uses and development subject to obtaining the necessary planning permissions and consents. Please note that the images provided are intended to demonstrate possible potential usage/opportunities rather than approved or established development rights.

Location

Hazelslade, Cannock, with frontage to Rugeley Road.

Tenure / Property Information

Investment Analysis

The £2,000 guide price is not a market valuation. The supplied sold comparables are houses and are not suitable evidence for valuing this 1.8-acre land parcel. No planning permission, development consent, use valuation or land comparable is supplied. The £2,160 administration charge is payable in addition, with potentially further legal, search, transfer and seller-cost charges.

Investment Snapshot

Strategy Recommendation

Only consider as speculative land acquisition after reviewing the legal pack and planning position. Do not rely on the guide price as evidence of development value.

Works Required

No physical works are evidenced. Any proposed use or development would require the necessary planning permissions and consents; related costs cannot be estimated from the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not assessable because there is no supported residential scheme, GDV, rent, planning consent or refurbishment budget. Refinancing cannot be calculated.

Buy-to-Let Analysis

BTL is not assessable: the asset is land, no accommodation or established residential use is supplied, and no sufficiently specific rental evidence is available.

Flip Analysis

A flip appraisal cannot be supported. House comparables do not establish the value of this land, and no planning position, development scheme, costs or selling allowance is supplied.

Investor Risks & Due Diligence

• Any use or development is subject to obtaining planning permissions and consents.

• The supplied images do not establish approved or existing development rights.

• Additional search, legal, transfer, seller-cost and other disbursement charges may apply.

• No rental income or established accommodation is evidenced.

• The residential sold comparables are not directly comparable to the land parcel.

Recommendation

Only consider as speculative land acquisition after reviewing the legal pack and planning position. Do not rely on the guide price as evidence of development value.

Strategy Rating

Analysis Confidence

The evidence confirms approximate area, frontage, tenure, guide price and administration charge but provides no planning, use, valuation, development-cost or income evidence.