106 Thorney Park, Wroughton, Swindon, Wiltshire, SN4 0QT

Description

Two bedroom semi detached house. Rear garden. In need of modernisation. Well located for amenities of Wroughton. Vacant.

Accommodation

Ground Floor - Kitchen, Dining Room, Living Room, Utility. First Floor - Two Bedrooms, Bathroom / WC

Location

The property is situated in Thorney Park, within the village of Wroughton, near Swindon, Wiltshire. Everyday amenities are available in nearby villages and within Swindon town. Recreational options include nearby open countryside including the Wiltshire Wildlife Trust Markham Banks and The Dog Space Park. Transport links from the Swindon railway station and road access via the M4. Transport Swindon - GWR.

Tenure / Property Information

Investment Analysis

The only supplied price evidence is the £130,000 auction guide. No completed-sale comparables, rental evidence, quantified refurbishment budget, buyer premium, VAT or seller charges are provided. A supported market value, GDV or maximum bid cannot therefore be established. The guide should not be treated as a formal valuation.

Investment Snapshot

Strategy Recommendation

Do not proceed on the supplied evidence alone. Obtain an inspection, local completed-sale evidence, a realistic refurbishment quotation, rental evidence and confirmation of all buyer and seller charges before considering BTL, BRRR or resale.

Works Required

The property is described as being in need of modernisation. Any works assessment should be based on inspection; the evidence does not support specifying or pricing particular repairs, replacements or upgrades.

Rental & Market Context

Potential BRRR Position

A BRRR assessment cannot be supported without a post-works GDV, refurbishment budget, achievable rent and full acquisition costs. The freehold, vacant status and need for modernisation are known, but the refinancing outcome is unquantifiable.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property is vacant, so there is no passing rent evidence. Buyer fees, VAT and refurbishment costs are also unknown.

Flip Analysis

A flip analysis cannot be supported because there are no completed-sale comparables, GDV evidence, refurbishment costs or supported selling allowance. The £130,000 guide alone is insufficient to calculate a resale surplus.

Investor Risks & Due Diligence

• No completed-sale comparables are supplied, so market value and GDV are unverified.

• The scope and cost of modernisation are unknown.

• No sufficiently specific rental evidence or passing rent is available.

• The buyer fee, applicable VAT and any seller charges are not quantified.

• The property is vacant, so there is no existing rental income to assess.

Recommendation

Do not proceed on the supplied evidence alone. Obtain an inspection, local completed-sale evidence, a realistic refurbishment quotation, rental evidence and confirmation of all buyer and seller charges before considering BTL, BRRR or resale.

Strategy Rating

Analysis Confidence

Only the property description, £130,000 guide, freehold tenure, vacant status and general condition are supplied; key valuation, rent, cost and fee evidence is absent.