11 Swale Path, Bedford, MK41 7XS

Description

An End of Terrace House requiring modernisation with accommodation arranged on two floors.

Accommodation

First Floor: Bedroom (One), Bedroom (Two), Bedroom (Three). Ground Floor: Entrance Hall, Living Room, Kitchen/Diner, Shower/WC (not fitted). Courtyard Garden at Rear.

Location

Situated off Carron Road, close to the amenities available in Bedford Town Centre and travelling facilities including Bedford Train Station. Mowsbury Park is also nearby.

Tenure / Property Information

Investment Analysis

Same-street completed sales provide indicative evidence of £199,000 and £207,000 for terraced freehold properties sold in 2020–2021. A base GDV of £203,000 is used, with a cautious evidence-based range of £199,000–£207,000. The property requires modernisation and the shower/WC is not fitted, so achieved value may differ materially from the comparables. This is an estimate, not a formal valuation.

Investment Snapshot

Strategy Recommendation

Proceed only subject to a full inspection, detailed refurbishment quotation and confirmation of special-condition fees. Reassess as a refurbishment-led resale or refinance project once costs and achievable rent are evidenced.

Works Required

Modernisation of the two-storey house, including completion/installation of the shower/WC and any other works identified by inspection. No detailed specification or contractor quotations are supplied, so the works budget cannot be reliably quantified.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

The guide price is £110,000 plus the £1,500 buyer premium, but total project cost cannot be calculated without a supported refurbishment allowance and any applicable seller fees. At the base GDV, 75% refinance is indicatively £152,250; cash left in cannot be assessed reliably.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The property is vacant and requires modernisation, so rent, operating costs and post-works yield remain unconfirmed.

Flip Analysis

The evidence indicates a base GDV of £203,000, but refurbishment cost, selling costs and any additional seller fees are unknown. A reliable flip surplus and maximum bid therefore cannot be calculated.

Investor Risks & Due Diligence

• The property requires modernisation and the shower/WC is not fitted.

• Refurbishment costs are unsupported and could materially affect profitability.

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

• The comparables are from 2020–2021 and may not reflect current market conditions.

• The seller may charge additional completion fees under the special conditions of sale.

• Vacant possession creates no passing-rent evidence and requires a post-works letting assessment.

Recommendation

Proceed only subject to a full inspection, detailed refurbishment quotation and confirmation of special-condition fees. Reassess as a refurbishment-led resale or refinance project once costs and achievable rent are evidenced.

Strategy Rating

Analysis Confidence

Same-street completed sales support an indicative GDV range, but there is no rental evidence, detailed condition survey, refurbishment quotation, selling-cost allowance or complete special-conditions fee schedule.