10 Centre Street, Heckmondwike, West Yorkshire WF16 9JD

Description

This compact one bedroom terrace is offered with vacant possession via traditional auction. As shown in the photographs, it requires full refurbishment and may appeal to anyone looking for an affordable project or buy to let investment.

Accommodation

Lower Ground Floor: Cellar. Ground Floor: Living Room/Kitchen. First Floor: Bedroom, Bathroom.

Location

Located in Heckmondwike, which is centrally located between Leeds, Bradford and Huddersfield.

Tenure / Property Information

Investment Analysis

Nearby completed sales range from £55,000 to £85,000, with the subject previously selling for £50,000 in 2019. Condition, size and specification differences are not evidenced; £66,000 is used as an indicative base GDV, not a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only subject to a detailed inspection, legal-pack review and confirmed refurbishment budget. Do not rely on the guide price alone.

Works Required

Full refurbishment as described, but the evidence does not specify individual defects, scope or costs.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A 75% refinance of the indicative £66,000 GDV would be £49,500. Refurbishment cost and total project cost are unknown, so cash recycling and BRRR viability cannot be established.

Buy-to-Let Analysis

BTL assessment cannot establish rent or yield because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The property is vacant and requires full refurbishment.

Flip Analysis

Completed nearby sales provide an indicative GDV range of £55,000–£85,000, but refurbishment cost, selling costs and resale timing are unsupported; flip surplus cannot be calculated.

Investor Risks & Due Diligence

• Full refurbishment scope and cost are unknown.

• No sufficiently specific rental evidence is available.

• Comparable sales show a wide range and may differ in condition or specification.

• Additional solicitor disbursements are unconfirmed.

• Buyer premium is not supplied.

Recommendation

Proceed only subject to a detailed inspection, legal-pack review and confirmed refurbishment budget. Do not rely on the guide price alone.

Strategy Rating

Analysis Confidence

Completed sales and auction fees are available, but refurbishment costs, rental evidence, property condition detail and several property particulars are missing.