100 Florence Road, Maidstone, Kent

Description

Semi-Detached House In Need of Refurbishment Convenient for Town Centre. This semi-detached house, now in need of improvement, is situated conveniently for the town centre.

Accommodation

Ground Floor: Entrance hall, open plan living room/dining room, kitchen, rear hall, bathroom and separate W.C. First Floor: Landing and three separate bedrooms. Outside: Rear garden.

Location

Convenient for the town centre.

Tenure / Property Information

Investment Analysis

The guide is £210,000–£215,000, but no completed comparable sales or formal valuation evidence has been supplied. A reliable GDV, refurbishment-adjusted value or maximum bid cannot therefore be established. The property is vacant and described as needing refurbishment; the scope and cost of works are unspecified.

Investment Snapshot

Strategy Recommendation

Do not commit to a refurbishment, BRRR or flip strategy until an inspection, measured works schedule, contractor pricing and independent comparable-sales valuation are obtained. Treat the rental evidence only as a broad asking-rent indication.

Works Required

General improvement and refurbishment are indicated by the description, but no specific defects or work schedule is provided. A full inspection and contractor quotations are required before bidding.

Rental & Market Context

Potential BRRR Position

A BRRR assessment cannot be completed because GDV, refurbishment cost, total acquisition cost and refinance terms are unsupported. The property is vacant and requires improvement, so the key unknowns are the works budget and post-refurbishment value.

Buy-to-Let Analysis

The supplied advertised rental evidence ranges from £850 to £1,650 pcm, including one specifically identified as a three-bedroom Maidstone property. These are asking rents, not achieved rents, and are not confirmed for this property. Indicative gross yields against the £210,000 guide floor range from approximately 4.86% to 9.43%, before refurbishment, finance, tax, voids, management and other costs. A dependable BTL yield cannot be established.

Flip Analysis

A flip appraisal cannot be completed because there are no completed comparable sales, no supported GDV, no refurbishment estimate and no selling-cost allowance. Any resale surplus would therefore be speculative.

Investor Risks & Due Diligence

• Unknown refurbishment scope and cost.

• No completed comparable sales have been supplied to support GDV or bidding value.

• Rental evidence consists of advertised asking rents rather than achieved rents and is not fully property-specific.

• The property is vacant, so there is no passing rent evidence.

• Administration, other non-optional fees, searches, Stamp Duty, Land Registry fees and VAT may be payable, but amounts are unspecified.

Recommendation

Do not commit to a refurbishment, BRRR or flip strategy until an inspection, measured works schedule, contractor pricing and independent comparable-sales valuation are obtained. Treat the rental evidence only as a broad asking-rent indication.

Strategy Rating

Analysis Confidence

The guide price, property description, tenure, vacant possession and broad asking-rent evidence are supplied, but there are no sold comparables, detailed condition findings, refurbishment costs, confirmed rent, GDV or fee amounts.