Plot 2, Aysgarth, Leyburn, North Yorkshire, DL8 3AD

Description

A plot of land measuring approximately 200 sq m (2,153 sq ft).

Accommodation

Plot of land measuring approximately 200 sq m (2,153 sq ft).

Location

The land is situated on a residential road close to local shops and amenities. Numerous green open spaces are within easy reach. Transport links are provided by the A684.

Tenure / Property Information

Investment Analysis

The subject is a freehold land plot of approximately 200 sq m (2,153 sq ft). The supplied sold comparables are completed sales of houses and other properties, not directly comparable land transactions, so they do not support a land value or completed-development GDV. No planning permission, allocation, access, services, development potential, restrictions or legal-pack details are supplied. A GDV, rent and viable maximum bid therefore cannot be established.

Investment Snapshot

Strategy Recommendation

Do not bid on investment assumptions alone. Proceed only after reviewing the legal pack and independently confirming planning, access, services, title restrictions and a viable development appraisal; otherwise pass.

Works Required

No refurbishment scope can be supported. Any development would require confirmation of planning permission or development potential, lawful access, services, title restrictions and site constraints before costs can be assessed.

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 scheme, GDV, works budget, rental evidence applicable to the plot or refinance value. The £1,800 including VAT admin charge is known, while buyer premium and other possible legal, search, seller-cost, transfer and disbursement charges remain uncertain.

Buy-to-Let Analysis

BTL is not assessable because the asset is land with no supplied accommodation or evidence that residential development is permitted. The advertised £1,115 pcm rent relates to a separate four-bedroom rental listing and cannot be applied to this plot.

Flip Analysis

A flip analysis cannot be quantified because no planning consent, buildable scheme, development costs, completed value or selling allowance is supplied. The nearby house and other-property sales are insufficiently comparable to support a resale GDV.

Investor Risks & Due Diligence

• No planning permission or development potential is supplied.

• The sold comparables are houses and other properties rather than comparable land sales.

• Access, services, boundaries, easements, covenants and title restrictions are unknown.

• Buyer premium and possible search, seller-cost, legal, transfer and disbursement charges are not quantified.

• The supplied £1,115 pcm rent concerns a four-bedroom property and is not evidence of rent for this plot.

• No build costs, completed GDV or resale costs are available.

Recommendation

Do not bid on investment assumptions alone. Proceed only after reviewing the legal pack and independently confirming planning, access, services, title restrictions and a viable development appraisal; otherwise pass.

Strategy Rating

Analysis Confidence

The evidence confirms plot size, tenure, location, guide and one known admin charge, but provides no planning, legal, services, development-cost, land-comparable or directly applicable rental evidence.