123 Cudworth Road, Willesborough, Ashford, Kent

Description

A Vacant Four Room Mid Terrace House in Need of Refurbishment. The property comprises a four room mid terrace house arranged over ground and first floors.

Accommodation

Ground Floor: Through Reception Room, Kitchen, Bathroom. First Floor: Three Rooms. Exterior: Rear garden and off street parking.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Victoria Park are within easy reach. Transport links are provided by Ashford International rail station and the M20.

Tenure / Property Information

Investment Analysis

Recent same-road freehold terraced sales were £205,000 and £208,000 in 2024–2025. Older evidence ranges from £159,000 to £310,000, indicating significant variation and uncertain comparability. A base GDV of £208,000 is used, with a cautious evidence-based range of £205,000–£240,000. The subject’s refurbishment requirement may reduce value versus fully refurbished comparables, but the comparable properties’ condition is not supplied.

Investment Snapshot

Strategy Recommendation

Proceed only after obtaining the guide price, legal pack, a survey and a detailed refurbishment quotation. The available evidence supports further BTL screening, but does not support a maximum bid or a confirmed flip/BRRR margin.

Works Required

Refurbishment is required, but the evidence does not specify the condition, defects or scope of works. A survey and legal-pack review are required before costing works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a base GDV of £208,000, 75% refinance is indicative at £156,000. Cash required and equity outcome cannot be calculated because the purchase price, refurbishment cost and full acquisition costs are unknown. The £1,800 administration charge is known, while buyer premium and other legal or disbursement costs are unspecified.

Buy-to-Let Analysis

The supplied advertised asking rent is £1,250 pcm, equivalent to £15,000 annually. Indicative gross yields against the evidence-based GDV range are approximately 6.25%–7.32%. Yield on purchase price cannot be calculated because no auction guide or purchase price is supplied. This is an advertised asking rent, not an achieved or passing rent.

Flip Analysis

A resale analysis cannot be completed reliably because no purchase price, refurbishment budget or supported selling-cost allowance is available. The base GDV is estimated at £208,000, but the refurbishment requirement and condition of the comparables create material uncertainty.

Investor Risks & Due Diligence

• No auction guide or purchase price is supplied, so affordability, maximum bid and purchase yields cannot be calculated.

• The property is described as needing refurbishment, but no detailed defects or works budget is available.

• The £1,250 pcm figure is an advertised asking rent rather than achieved or passing rent.

• Additional buyer premium, search, legal, transfer and other disbursement costs may be payable but are not quantified.

• Comparable sale prices vary materially and their condition, size and exact accommodation are not supplied.

• GDV scenarios are uncertain because comparable property condition and specification are not provided.

Recommendation

Proceed only after obtaining the guide price, legal pack, a survey and a detailed refurbishment quotation. The available evidence supports further BTL screening, but does not support a maximum bid or a confirmed flip/BRRR margin.

Strategy Rating

Analysis Confidence

There are relevant same-road completed sales and one advertised rental, but no guide price, detailed condition report, refurbishment costs, council tax, heating details, buyer premium amount or complete acquisition-cost schedule.