South Nurseries South Street, Hailsham, East Sussex, BN27 1DG

Description

Exceptional opportunity to acquire a well located parcel of land in the desirable area of Hailsham. Situated at South Nurseries, South Street, the site offers excellent potential for a variety of uses, subject to the necessary planning permissions. The land benefits from convenient access to local amenities.

Location

Positioned within easy reach of Hailsham town centre, with convenient access to local amenities, transport links and surrounding countryside. Nearby road connections provide links to larger towns and the Sussex coast. Hailsham is approximately 7 miles north of Eastbourne, 19 miles south of Tunbridge Wells, 14 miles west of Hastings and 11 miles east of Lewes. The nearest rail connection is at Polegate.

Investment Analysis

The only supplied completed sale is a 2017 transaction for Hailsham Delivery Office, classified as Other and Freehold. It is not sufficiently comparable to this parcel of land, so no market value or GDV can be supported. The £1,000 guide is an auction guide only and does not establish value. Any potential use is expressly subject to planning permission.

Investment Snapshot

Strategy Recommendation

Treat as a planning-led land opportunity only. Obtain and review the legal pack, confirm title and investigate planning feasibility before bidding; do not rely on the £1,000 guide as an investment valuation.

Works Required

No physical works are evidenced. Required activity would be planning, title and legal due diligence, with any future development works dependent on obtaining the necessary permissions.

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 use, GDV, refurbishment budget, rental figure or refinance valuation. Development potential remains subject to planning permission.

Buy-to-Let Analysis

BTL cannot be assessed because the property is described as a parcel of land, with no accommodation or sufficiently specific rental evidence. No passing rent or auctioneer rent estimate is supplied.

Flip Analysis

A flip appraisal cannot be completed because no supported end value, planning consent, development scheme, works cost or selling allowance is provided.

Investor Risks & Due Diligence

• Any proposed use is subject to obtaining the necessary planning permissions.

• The land’s tenure and legal details are not supplied and require confirmation from the legal pack.

• A Buyer’s Premium applies, but its amount is not supplied.

• Additional fees may apply under the auction Articles of Roup or Special Conditions.

• No sufficiently specific rental or comparable land evidence is provided.

Recommendation

Treat as a planning-led land opportunity only. Obtain and review the legal pack, confirm title and investigate planning feasibility before bidding; do not rely on the £1,000 guide as an investment valuation.

Strategy Rating

Analysis Confidence

The evidence provides only a guide price, a general land description and one non-comparable historic sale. Tenure, legal status, planning position, usable area, costs, end value and income evidence are unavailable.