Plot at 24 Jubilee Street, Woodston, Peterborough, Cambridgeshire

Description

A single building plot of 0.03 acres (stms) with outline planning permission for a property of up to three bedrooms. This single building plot is located in Jubilee Street, Woodston, and has outline planning permission for up to a three bedroom house. The site currently has a detached garage on the plot. Ideal for a builder or self-build opportunity.

Accommodation

The site currently has a detached garage on the plot.

Location

Located in Jubilee Street, Woodston. Peterborough offers a variety of shops and recreational facilities with a main line rail link into London Kings Cross.

Tenure / Property Information

Investment Analysis

The supplied evidence does not support a reliable GDV or land value estimate. Completed sales on Jubilee Street range from £130,000 to £235,000, but they relate to existing terraced, semi-detached and detached houses rather than a building plot or confirmed new-build property. The outline permission is only for up to three bedrooms, with no approved layout, floor area, build specification, construction cost or guide price supplied.

Strategy Recommendation

Treat as a development or self-build opportunity only after reviewing the legal pack, confirming the outline permission, access and services, and obtaining a full build-cost and end-value appraisal. Do not bid on the supplied evidence alone.

Works Required

Development would involve obtaining and reviewing the full planning and legal documentation, finalising the design and any reserved matters, constructing a permitted house, and addressing the existing detached garage as required by the approved scheme. No specific demolition, utility, access or site-condition works are evidenced.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment is not supportable without a purchase price, detailed planning position, build-cost estimate, completed floor area, finance costs and defensible GDV. The known buyer premium and admin charge total £2,400 including VAT, with possible additional legal-pack disbursements and other charges.

Buy-to-Let Analysis

BTL analysis cannot be completed because no sufficiently specific rental evidence, auctioneer rent estimate, purchase price or construction budget is supplied. A completed three-bedroom dwelling may be lettable, but rent and yield must not be assumed from the evidence provided.

Flip Analysis

A development resale assessment cannot be quantified. The available completed sales provide broad local context only and are not direct evidence of the value of this permitted plot or a completed new-build house. Build costs, professional fees, finance, selling costs and a confirmed GDV are absent.

Investor Risks & Due Diligence

• No auction guide price is supplied, so affordability and maximum bid cannot be calculated.

• Outline planning permission may require further approvals and may not guarantee the assumed design or deliverability.

• No build-cost, professional-fee, finance-cost or utility-cost evidence is supplied.

• The completed-sale comparables are different property types and are not direct plot or new-build comparables.

• Legal-pack disbursements and other charges may be payable but are unspecified.

• The existing detached garage and site constraints may affect the final scheme, but no condition, access or services information is provided.

Recommendation

Treat as a development or self-build opportunity only after reviewing the legal pack, confirming the outline permission, access and services, and obtaining a full build-cost and end-value appraisal. Do not bid on the supplied evidence alone.

Strategy Rating

Analysis Confidence

The evidence confirms a freehold 0.03-acre plot with outline permission and a garage, but omits the guide price, approved scheme details, build costs, rental evidence, GDV evidence and potentially payable disbursements.