107 Bayford Road, Littlehampton, West Sussex

Description

A Vacant Five Bedroom Mid Terrace House in Need of Modernisation. The property comprises a five bedroom mid terrace house arranged over ground and two upper floors.

Accommodation

Ground Floor: Through Reception Room, Kitchen, Utility Room. First Floor: Three Bedrooms, WC. Second Floor: Two Bedrooms, Bathroom. Exterior: Rear garden and off street parking to the rear.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of East Beach Green are within easy reach. Transport links are provided by Littlehampton rail station.

Tenure / Property Information

Investment Analysis

Same-road freehold terraced sales range from £335,000 to £390,000. The two most recent sales were £335,000 and £350,000, but bedroom count and condition are not supplied. A base GDV of £350,000 is therefore an indicative estimate only, with a broad evidence range of £335,000–£390,000.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack, surveying the required modernisation and obtaining reliable rental and cost evidence. Treat as a potential value-add project rather than an underwritten BTL.

Works Required

Modernisation is required, but the supplied evidence does not identify specific defects or provide a reliable works scope or cost.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Indicative refinance at 75% of the £350,000 base GDV is £262,500. BRRR feasibility cannot be calculated without verified refurbishment costs, acquisition costs and finance assumptions.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Modernisation costs are also unknown.

Flip Analysis

The evidence indicates potential gross value above the £170,000 guide, but flip profitability cannot be calculated because refurbishment costs, special-condition fees and selling costs are not quantified.

Investor Risks & Due Diligence

• Unknown scope and cost of modernisation.

• No sufficiently specific rental evidence.

• Special Conditions may require additional search, legal, transfer or seller-cost payments.

• Six-week completion requirement.

• Comparable property condition and accommodation details are not supplied.

Recommendation

Proceed only after reviewing the legal pack, surveying the required modernisation and obtaining reliable rental and cost evidence. Treat as a potential value-add project rather than an underwritten BTL.

Strategy Rating

Analysis Confidence

Several same-road sold comparables are available, but their condition and bedroom details are unknown; rental evidence, refurbishment costs and several purchase fees are unavailable.