13a Walton Green, Walton-Le-Dale, Preston, Lancashire

Description

Detached dwelling located to the rear of 13 Walton Green, with private access by foot. The property was formally used as an office. It could be used as an office or residential property with necessary consents. A separated garden space will be allocated as part of the sale. The property has independent utilities, including heating and water.

Accommodation

Kitchen, shower room, conservatory and living space.

Location

Located in a popular area, close to schools and shops, and well placed for transport links.

Tenure / Property Information

Investment Analysis

The £125,000 guide is materially below the supplied local detached and terraced sales, but those properties are not sufficiently comparable because the subject’s size, bedroom count, former office use, condition and residential consent are unknown. A reliable GDV cannot be established from the evidence.

Investment Snapshot

Strategy Recommendation

Do not bid on investment assumptions alone. First verify lawful residential use, accommodation, access, garden allocation, condition and legal-pack costs; proceed only if these support a conservative valuation.

Works Required

Confirm and obtain any required planning or other consents for residential use. Any physical adaptation or refurbishment cannot be specified reliably from the supplied evidence. Verify the allocated garden, access and independent utilities through the legal pack.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment is not supportable because residential consent, property value, works cost, bedroom configuration and refinance value are unconfirmed. The independent utilities and vacant status are potentially helpful, subject to legal and technical verification.

Buy-to-Let Analysis

The supplied £700–£750 pcm listings are advertised rents for two-bedroom properties, while this property’s bedroom count and lawful residential status are unknown. BTL yield cannot therefore be established. The purchase price is £125,000 and the known minimum administration charge is £3,600, before other costs.

Flip Analysis

A flip appraisal cannot be reliably calculated. The supplied sales range from £140,000 to £687,500 and varies substantially in type and likely scale; no supported resale value, works allowance or selling-cost allowance is available for this property.

Investor Risks & Due Diligence

• Residential use may require planning or other consents.

• The property was formerly an office and its lawful use is not confirmed.

• Bedroom count, floor area and condition are unknown.

• Additional legal, search, seller-cost, transfer and disbursement charges may apply.

• The supplied rental evidence relates to advertised two-bedroom properties and may not apply.

• Private access and the separated garden allocation require legal-pack verification.

Recommendation

Do not bid on investment assumptions alone. First verify lawful residential use, accommodation, access, garden allocation, condition and legal-pack costs; proceed only if these support a conservative valuation.

Strategy Rating

Analysis Confidence

Local sales and broad rental evidence are available, but key subject information is missing, including bedrooms, floor area, condition, planning status, works cost and comparable residential value.