123 Newton Street, Southport, Sefton, PR9 7AS

Description

A Vacant Two Bedroom Semi Detached House in Need of Refurbishment.

Accommodation

Ground Floor: Reception Room, Kitchen, Bathroom. First Floor: Two Bedrooms.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Southport Beach are within easy reach. Transport links are provided by Meols Cop rail station.

Tenure / Property Information

Investment Analysis

The five supplied same-road freehold semi-detached sales range from £60,000 to £180,000: £100,000, £135,000, £160,000, £180,000 and £60,000. The wide spread and absence of comparable bedroom, size and condition details limit precision. Indicative HB scenarios are £100,000 low, £135,000 base and £160,000 high, with the base informed particularly by the £135,000 sale at 87 Newton Street. These are estimates, not formal valuations.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack, inspecting the vacant property and obtaining a quantified refurbishment budget. Do not set a firm bid or investment strategy from the current evidence alone.

Works Required

Refurbishment is required, but the evidence does not identify specific defects or provide a quantified scope. Obtain a full inspection and contractor quotations covering only confirmed works before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £135,000 base GDV, a 75% refinance would be approximately £101,250. Cash left in cannot be calculated because refurbishment costs, total project costs and some purchaser charges are unknown. Legal-pack disbursements and other stated charges may also apply.

Buy-to-Let Analysis

BTL appraisal cannot be established because no sufficiently specific rental evidence, auctioneer rent estimate, refurbishment budget or full cost allowance is supplied. The property is vacant and requires refurbishment, so letting condition and post-works rent remain unconfirmed.

Flip Analysis

A flip appraisal cannot be quantified because refurbishment costs, full acquisition costs and any selling allowance are unsupported. The indicative resale/GDV scenarios are £100,000 low, £135,000 base and £160,000 high, subject to condition and comparability limitations.

Investor Risks & Due Diligence

• The supplied comparable sales range widely from £60,000 to £180,000, reducing valuation certainty.

• The property is stated to need refurbishment, but the extent and cost of works are unknown.

• No sufficiently specific rental evidence or auctioneer rent estimate is supplied, so rental yield cannot be established.

• Disbursements and other legal, search, seller-cost and transfer charges may be payable in addition to the stated £1,800 administration charge.

• The property is vacant, so there is no passing rent to support income analysis.

Recommendation

Proceed only after reviewing the legal pack, inspecting the vacant property and obtaining a quantified refurbishment budget. Do not set a firm bid or investment strategy from the current evidence alone.

Strategy Rating

Analysis Confidence

Same-road completed sales are available, but they show a wide price range and lack comparable size, bedroom and condition detail. There is no rental evidence, refurbishment budget, EPC, council tax or complete purchaser-cost information.