Plot 6 Station Road, Shirehampton, Bristol, Avon, BS11 9XA

Description

A plot of land measuring approximately 2,494 sq m (26,845 sq ft). The lot comprises a plot of land measuring approximately 2,494 sq m (26,845 sq ft).

Location

The land is situated on a residential road close to local shops and amenities. The open spaces of The Daisy Field are within easy reach. Transport links are provided by Shirehampton rail station.

Tenure / Property Information

Investment Analysis

The evidence confirms a freehold land plot of approximately 2,494 sq m (26,845 sq ft) offered at £6,000+ plus fees. The supplied completed sales are houses on Station Road and are not directly comparable to land, so they do not support a land value or development GDV. No planning permission, allocation, access, services, title restrictions or development appraisal is supplied.

Investment Snapshot

Strategy Recommendation

Do not bid on investment assumptions alone. Consider only after satisfactory legal, planning, access, services and development-feasibility due diligence; otherwise pass.

Works Required

No physical works are evidenced. Required due diligence would include reviewing the legal pack, title, access, services, planning history and development potential before considering any scheme.

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 accommodation, planning consent, refurbishment budget, rent, GDV or refinance valuation.

Buy-to-Let Analysis

BTL is not assessable because the asset is land with no accommodation or supported rental evidence. The supplied advertised rents relate to flats and a house and are not applicable evidence for this plot.

Flip Analysis

A flip appraisal cannot be supported. The residential sold comparables are houses rather than land, and no planning-led GDV, development costs, selling allowance or resale evidence for the plot is supplied.

Investor Risks & Due Diligence

• No planning permission, planning allocation or lawful use is supplied.

• No evidence is supplied regarding access, utilities, title restrictions or development constraints.

• No supported GDV or development cost estimate can be established.

• The sold comparables are residential houses and may not indicate the value of this land.

• Buyer premium and other possible legal, search, seller-cost, transfer and disbursement fees are unspecified.

• The £1,800 admin charge is stated, but total acquisition costs remain uncertain.

Recommendation

Do not bid on investment assumptions alone. Consider only after satisfactory legal, planning, access, services and development-feasibility due diligence; otherwise pass.

Strategy Rating

Analysis Confidence

The guide price, plot size, tenure, location and admin charge are supplied, but there is no planning, title, access, services, use, GDV, cost or income evidence. The sold comparables are not directly comparable.