124 Coulthwaite Way, Brereton, Rugeley, WS15 1AN

Description

A vacant freehold semi detached property, which may be suitable for development, subject to obtaining the necessary planning consents. The property stands back from the road behind a foregarden.

Accommodation

Ground Floor: Entrance Hall, Reception Room, Kitchen/Dining Room. First Floor: Landing, Two Bedrooms, Bathroom/WC. Outside: Gardens.

Tenure / Property Information

Investment Analysis

The strongest evidence is the completed sale of the same property, 124 Coulthwaite Way, for £117,500 on 23 June 2026. Older sales of 120 Coulthwaite Way were £110,000 in 2015 and £94,000 in 2011, but are dated and a different property. A base GDV of £117,500 is therefore supported, although condition, specification and any development potential are not evidenced. The £30,000 guide is £87,500 below the latest same-property sale before the £2,700 administration charge and other costs.

Investment Snapshot

Strategy Recommendation

Proceed only subject to satisfactory viewing, legal-pack review and confirmation of condition and any planning potential. The guide-to-GDV spread is attractive on the supplied evidence, but the missing works, rent and additional-cost information prevents a firm BTL, BRRR or flip commitment.

Works Required

No specific defects or refurbishment requirements are evidenced. Complete full viewing, legal and technical due diligence, and investigate the stated potential for development subject to obtaining necessary planning consents. Any works allowance remains unsupported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £30,000 guide, the purchase price plus the known £2,700 administration charge is £32,700 before works, taxes and any other legal-pack costs. A 75% refinance against the £117,500 base GDV would be £88,125, but total project cost and cash left in cannot be calculated without supported works and transaction-cost figures. Planning potential is unconfirmed.

Buy-to-Let Analysis

BTL analysis cannot be completed because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The property is vacant and has EPC C, but rent, operating costs, finance costs and refurbishment requirements are unknown.

Flip Analysis

The latest same-property completed sale supports a £117,500 base GDV. However, refurbishment costs, selling costs, taxes and other completion costs are not supplied, so a reliable flip surplus or maximum bid cannot be calculated.

Investor Risks & Due Diligence

• Actual condition and required works are not evidenced.

• Development potential is expressly subject to obtaining planning consents and is unconfirmed.

• No sufficiently specific rental evidence or passing rent is supplied.

• The £2,700 administration charge is known, but other legal-pack costs, taxes and completion costs are not provided.

• The latest comparable is a single same-property sale; older comparables are dated and relate to a different property.

Recommendation

Proceed only subject to satisfactory viewing, legal-pack review and confirmation of condition and any planning potential. The guide-to-GDV spread is attractive on the supplied evidence, but the missing works, rent and additional-cost information prevents a firm BTL, BRRR or flip commitment.

Strategy Rating

Analysis Confidence

A recent completed sale of the exact property provides strong GDV evidence, but there is no supported rent, condition-based works estimate, planning outcome, selling allowance or complete cost schedule.