112 Burton Road, Castle Gresley, Swadlincote

Description

Investment opportunity, this three bedroom semi detached house, stands back from Burton Road, and is accessed via a slip road. The property is double glazed, centrally heated and is being sold with tenant in situ. The owner informs that the current tenant has been in the property for 9 years and has never defaulted.

Accommodation

Entrance hall, lounge, breakfast kitchen with space for appliances and overlooks the good sized back garden with open views beyond. To the first floor are three double bedrooms and the family bathroom and loft access.

Location

The property stands back from Burton Road and is accessed via a slip road. The back garden has open views beyond.

Tenure / Property Information

Investment Analysis

The strongest evidence is the same-road semi-detached sale at £172,500 in October 2025. Other same-road semi-detached sales range from £140,000 to £185,000, while the £400,000 sale is an outlier with insufficient supporting detail and is not relied upon. A base GDV of £172,500 is therefore used, with low and high scenarios of £140,000 and £185,000. The subject’s tenure, condition, EPC and internal specification are not evidenced.

Investment Snapshot

Strategy Recommendation

Conditional BTL or BRRR, subject to verification of the passing rent, tenancy paperwork, legal compliance, condition and tenure. Do not rely on the Thame rental listing or bid on the apparent GDV margin alone.

Works Required

No specific refurbishment works are supported by the evidence. The property is described as double glazed and centrally heated, but its condition, compliance and any maintenance requirements should be verified before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £90,000 guide plus the £1,500 minimum buyer premium gives an indicative known acquisition cost of £91,500, excluding any works, finance, tax and other special-condition costs. At the £172,500 base GDV, 75% refinancing equates to £129,375 and would theoretically exceed the known acquisition cost by £37,875 before unquantified costs. This is highly dependent on lender valuation, condition, tenancy documentation and actual refurbishment requirements.

Buy-to-Let Analysis

The property is sold with a tenant in situ and the tenant is reported to have occupied for nine years without defaulting. However, no passing rent, tenancy terms or local rental evidence are provided. The supplied £1,900 pcm asking rent is for Thame and is not applicable evidence for Castle Gresley, so rental yield cannot be established. Verify rent, tenancy documentation, deposit protection and legal compliance.

Flip Analysis

A base GDV of £172,500 is supported by the closest same-road comparable, but no refurbishment budget, selling costs, finance costs or tax allowances are evidenced. A reliable flip surplus and maximum bid therefore cannot be calculated. The apparent gross margin over the guide is not a verified profit.

Investor Risks & Due Diligence

• Passing rent and tenancy terms are not supplied.

• The subject’s tenure is not stated.

• Condition and any required refurbishment are not evidenced.

• Additional fees may be listed in the Special Conditions of Sale.

• The £400,000 comparable is an unexplained outlier and is not relied upon.

• Refinance depends on lender valuation and lending criteria.

• The supplied £1,900 pcm rental listing is for Thame and is not relevant local rent evidence.

Recommendation

Conditional BTL or BRRR, subject to verification of the passing rent, tenancy paperwork, legal compliance, condition and tenure. Do not rely on the Thame rental listing or bid on the apparent GDV margin alone.

Strategy Rating

Analysis Confidence

There are several same-road sold comparables and a stated tenant history, but the subject’s tenure, condition, rent, EPC, tenancy details and additional auction costs are missing. The rental evidence is from an unrelated location.