Plot 13, Land at, Southall Road, Dawley, Telford, TF4 3NA

Description

Freehold Land on a site of approximately 3,110 sq ft.

Location

Situated on Southall Road, close to the amenities available in Telford Town Centre and travelling facilities including Telford Central Train Station. Telford Town Park is also nearby.

Tenure / Property Information

Investment Analysis

The subject is freehold land of approximately 3,110 sq ft. The supplied sold comparables relate to detached and terraced houses, not land, so they do not support a land valuation or development GDV. No planning permission, permitted use, access, services, title restrictions or development potential is supplied. The £3,000+ guide is therefore the only supported acquisition benchmark. At the guide price, the £500 buyer fee for lots below £10,000 gives a known guide-level purchase cost of £3,500 before any seller-charged special-condition fees, legal costs, taxes or development expenditure.

Investment Snapshot

Strategy Recommendation

Do not bid on an assumed residential-development value. Proceed only after satisfactory legal, planning, access, services and title due diligence confirms a viable use and total project cost.

Works Required

No works are evidenced. Before bidding, establish planning status, lawful use, access, services, title constraints, boundaries and whether any development is permissible. No construction or refurbishment allowance can be supported 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. There is no supported residential asset, planning-backed GDV, refurbishment budget, rental valuation or refinance basis. The guide-level arithmetic is £3,000 purchase price plus the £500 buyer fee, excluding any seller fees and future development costs.

Buy-to-Let Analysis

BTL is not assessable because the asset is land with no accommodation and no supported rental evidence. The supplied £1,300 pcm asking rent applies to three-bedroom properties in TF4 and cannot be applied to this plot.

Flip Analysis

A flip surplus cannot be calculated. The supplied comparables are completed sales of houses rather than land, and no planning or development specification supports a resale GDV or project cost. Any seller-charged special-condition fees would also need to be established.

Investor Risks & Due Diligence

• No planning permission, permitted use or development potential is supplied.

• The supplied sold comparables are houses and are not reliable land comparables.

• Access, boundaries, services and title restrictions are not evidenced.

• Additional seller fees may apply under the special conditions of sale.

• Future development and construction costs are entirely unsupported.

• The supplied rental evidence relates to three-bedroom properties, not this land parcel.

Recommendation

Do not bid on an assumed residential-development value. Proceed only after satisfactory legal, planning, access, services and title due diligence confirms a viable use and total project cost.

Strategy Rating

Analysis Confidence

The guide price, tenure, approximate site area and buyer fee are supplied, but there is no planning, title, access, services, use, development appraisal, land comparable or applicable valuation evidence.