11 Baguley Crescent, Middleton, Manchester, Greater Manchester

Description

A one-bedroom flat close to all amenities and transport links.

Accommodation

A bedroom, a living room, a kitchen and a bathroom.

Location

Close to all amenities and transport links.

Tenure / Property Information

Investment Analysis

Same-road completed sales range from £50,000 to £75,000. The two latest supplied sales were £55,000 and £75,000; a cautious base market value is £60,000, subject to condition, lease/legal review and service-charge information.

Investment Snapshot

Strategy Recommendation

Treat as a value-led purchase only after reviewing the legal pack, service charge and condition. Do not rely on BTL or BRRR returns until rent and full costs are evidenced.

Works Required

No condition defects or refurbishment requirements are evidenced. Allow for inspection and any works identified in the legal pack or viewing, but no numeric works allowance is supportable.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £60,000 base GDV, 75% refinance is approximately £45,000. Total project cost and cash left in cannot be calculated because works, service charge and other completion costs are unknown.

Buy-to-Let Analysis

BTL yield cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Service charge and legal-pack costs are also unknown.

Flip Analysis

A resale value range of £55,000–£75,000 is supported by the supplied same-road sales, but flip surplus cannot be calculated without refurbishment and selling-cost allowances.

Investor Risks & Due Diligence

• Unknown service charge and possible legal-pack disbursements

• Unknown property condition and refurbishment cost

• No supported rental evidence, so yield is unquantified

• Leasehold title requires legal review despite the stated 999-year term

• Buyer administration charge is subject to a £3,600 minimum, with other charges potentially payable

Recommendation

Treat as a value-led purchase only after reviewing the legal pack, service charge and condition. Do not rely on BTL or BRRR returns until rent and full costs are evidenced.

Strategy Rating

Analysis Confidence

Several same-road completed sales are available, but condition, rent, service charge, EPC, legal disbursements and full project costs are not supplied.