111 Benefield Road, Oundle, Peterborough, Cambridgeshire, PE8 4EU

Description

A Vacant Two Bedroom Semi Detached House Situated on a Plot of Land Measuring Approximately 0.08 Acres / 324 sq m (3,488 sq ft). Potential for Rear Extension (Subject to Obtaining all Relevant Consents)

Accommodation

Ground Floor: Reception Room, Kitchen. First Floor: Two Bedrooms, Bathroom. Exterior: Private rear garden and a greenhouse.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Wakerley Close Playground are within easy reach. Transport links are provided by Corby rail station, the A605 and the A1(M).

Tenure / Property Information

Investment Analysis

The supplied completed sales on Benefield Road range from £230,000 to £327,500. The most recent sales are £262,000 for No. 85 and £327,500 for No. 99 in November 2025. However, bedroom count, floor area, condition, specifications and any extensions for the comparables are not provided, so the comparison is indicative only. A cautious evidence-based scenario range is £230,000 to £327,500, with £262,000 used as the base GDV estimate rather than a formal valuation.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. First verify condition, floor area, legal-pack costs, planning feasibility for any extension and local achievable rent; proceed only if the confirmed purchase and works budget leaves a sufficient margin below the supported comparable range.

Works Required

No specific defects or required works are evidenced. The property should be inspected and the legal pack reviewed. A rear extension is identified as potential only and would require all relevant consents; no extension cost is estimated.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £262,000 base GDV, a 75% refinance would be approximately £196,500. The guide plus the known £1,800 administration charge is £146,800 before works, legal-pack disbursements, finance, tax and other costs. Because condition, refurbishment cost and rent are unsupported, total project cost and cash left in cannot be calculated reliably.

Buy-to-Let Analysis

No sufficiently specific rental comparable or auctioneer rent estimate is supplied, so rent, gross yield and BTL cash flow cannot be established. The property is vacant, meaning there is no evidenced passing rent.

Flip Analysis

The supplied sales indicate potential resale values between £230,000 and £327,500, with £262,000 used as the base scenario. A flip surplus cannot be calculated because refurbishment, selling, finance, tax and other project costs are not evidenced. The comparables are not sufficiently detailed to confirm direct like-for-like suitability.

Investor Risks & Due Diligence

• The comparable sales lack bedroom, floor-area, condition and specification details, limiting valuation reliability.

• No rental evidence is available, so BTL yield and cash flow cannot be assessed.

• The property condition and any required refurbishment are not described.

• Rear extension potential is subject to obtaining all relevant consents and no planning or construction costs are supplied.

• The £145,000 guide is not a confirmed sale price and may increase at auction.

• Legal-pack disbursements and other possible special-condition charges are not quantified.

Recommendation

Do not bid on the current evidence alone. First verify condition, floor area, legal-pack costs, planning feasibility for any extension and local achievable rent; proceed only if the confirmed purchase and works budget leaves a sufficient margin below the supported comparable range.

Strategy Rating

Analysis Confidence

There are several nearby completed sales and clear tenure/occupancy information, but comparable property details, condition, floor area, rental evidence, EPC, costs and refurbishment requirements are missing.