Plot NLF21 Northwest of Lagham Lodge Farm, Tandridge Lane, Lingfield, Surrey

Description

A freehold regular shaped parcel of land in a rural area. The plot forms part of a future planned residential development of 44 individual plots if and when planning consent is granted.

Location

Rural area

Tenure / Property Information

Investment Analysis

The land is described as forming part of a proposed 44-plot residential development only if planning consent is granted. No planning consent, plot area, permitted development quantum, servicing information, infrastructure obligations or site-specific valuation evidence is supplied. The comparable sales are not sufficiently specific to support a land value or GDV; the £7,000 Lagham Lodge Farm sale is not identified as equivalent development land. The £1 guide is an auction guide, not evidence of market value.

Investment Snapshot

Strategy Recommendation

Treat as a highly speculative planning-led land opportunity only. Do not bid on a residential GDV assumption without reviewing the legal pack and independently confirming planning prospects, title, access, services, obligations and all completion costs.

Works Required

No refurbishment works are evidenced. Any future development would be conditional on obtaining planning consent and establishing the plot’s development, access, servicing and infrastructure requirements, none of which are quantified in the supplied evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR is not supported by the evidence. There is no completed residential asset, supported GDV, rent, refurbishment budget or refinance valuation. The stated residential potential remains conditional on planning consent.

Buy-to-Let Analysis

BTL analysis cannot be established. The asset is vacant land with no accommodation and no sufficiently specific rental evidence. There is no supported residential income basis.

Flip Analysis

A flip appraisal cannot be quantified because no planning consent, GDV, development cost, plot-specific comparable or supported selling allowance is provided. The proposed 44-plot scheme is expressly conditional on consent.

Investor Risks & Due Diligence

• Planning consent has not been confirmed and the 44-plot development is conditional.

• No plot area, permitted development details, access, servicing or infrastructure obligations are supplied.

• No supported GDV, development cost or resale evidence is available for this plot.

• The £2,700 administration charge is payable in addition to the purchase price, with other legal-pack costs, stamp duty and government taxes potentially applicable.

• The supplied comparable sales are not sufficiently specific to establish this plot’s market value.

Recommendation

Treat as a highly speculative planning-led land opportunity only. Do not bid on a residential GDV assumption without reviewing the legal pack and independently confirming planning prospects, title, access, services, obligations and all completion costs.

Strategy Rating

Analysis Confidence

The evidence confirms freehold vacant land and a conditional future development concept, but provides no planning consent, plot size, development appraisal, GDV, costs, rent or equivalent land comparables.