11 Downview Road, Yapton, Arundel, West Sussex, BN18 0HL

Description

A Vacant Three Bedroom End of Terrace House in Need of Modernisation. The property comprises a three bedroom end of terrace house arranged over ground and first floors.

Accommodation

Ground Floor: Reception Room, Kitchen, Conservatory. First Floor: Three Bedrooms, Bathroom, Separate WC.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Burndell Recreation Ground are within easy reach. Transport links are provided by Ford rail station.

Tenure / Property Information

Investment Analysis

The strongest supplied evidence is 23 Downview Road, a terraced freehold property sold for £350,000 in November 2024. Older same-road terraced sales were £285,000–£290,000 between 2019 and 2022. A base GDV estimate of £350,000 is supported by the latest comparable, with a cautious low scenario of £285,000. The comparables do not provide sufficient detail on bedroom count, condition or specification, so no robust upper scenario is stated. These are indicative estimates, not formal valuations.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack and obtaining a full inspection, refurbishment quotations and local rental evidence. Do not rely on the apparent GDV spread alone when setting a bid.

Works Required

Modernisation of the existing three-bedroom accommodation, including the reception room, kitchen, conservatory, bedrooms, bathroom and separate WC. The evidence does not specify individual defects, so the scope and cost require inspection and contractor quotations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A potential BRRR route exists because the property is vacant, freehold and has a supported indicative base GDV of £350,000. However, purchase costs, refurbishment costs, achievable rent and finance costs are not sufficiently evidenced. A 75% refinance against the indicative base GDV would be £262,500, but cash left in cannot be calculated reliably.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Refurbishment costs and total project cost are also unknown. The property is vacant and would require modernisation before letting, based on the description.

Flip Analysis

The latest same-road terraced sale supports an indicative base GDV of £350,000, while older sales support a downside reference of £285,000. Flip surplus cannot be calculated because refurbishment costs, selling costs and other completion costs are not supplied.

Investor Risks & Due Diligence

• The property is described as needing modernisation, but the extent and cost of works are unknown.

• No sufficiently specific rental evidence is available, preventing reliable BTL yield analysis.

• Same-road sold comparables lack detailed specification and condition information, limiting GDV confidence.

• The £1,800 administration charge applies, and additional legal-pack disbursements or other special-condition costs may be payable.

• The guide price is stated as £140,000 plus fees and is not a guaranteed purchase price.

Recommendation

Proceed only after reviewing the legal pack and obtaining a full inspection, refurbishment quotations and local rental evidence. Do not rely on the apparent GDV spread alone when setting a bid.

Strategy Rating

Analysis Confidence

The property description, tenure, vacancy and several same-road completed sales are supplied, but condition details, refurbishment costs, rent, selling costs and full purchaser disbursements are unavailable. Comparable property specifications are also not provided.