14 Sussex Street, Bedale, North Yorkshire

Description

MUST VIEW! THREE BEDROOM DETACHED HOME. SIX WEEK COMPLETION AVAILABLE. This attractive detached home offers a fantastic opportunity to create your ideal home, with a great layout, plenty of potential, and a convenient location. The ground floor features a welcoming hallway leading to a bright bay-fronted sitting room with a log-burning stove, a spacious dining room, a modern shaker-style kitchen fitted in 2021 with a breakfast bar and garden access, and a useful utility/shower room with WC. Upstairs are three generous bedrooms, two with ornamental cast iron fireplaces, and a family bathroom with a bath, shower over, WC, washbasin, and airing cupboard housing the combination boiler. Outside, the private rear garden offers a mix of lawn and artificial grass, mature planting, a covered decked seating area with a garden bar, shed, gardener's WC, and a large garage with power and lighting. Rear lane access provides on-street parking.

Accommodation

Ground floor: dining room, kitchen, lounge, shower room/utility, WC. First floor: Bedroom 1, Bedroom 2, Bedroom 3, bathroom.

Location

Convenient location.

Tenure / Property Information

Investment Analysis

The £250,000 guide is below the supplied local detached-house evidence: £340,185 at Gables House and £375,000 for 10 Sussex Street in 2024. The earlier £180,000 sale for 10 Sussex Street shows materially inconsistent evidence, so GDV is indicative only. A base GDV of £340,185 is used, with £340,185–£375,000 as the supported scenario range.

Investment Snapshot

Strategy Recommendation

Potential owner-occupier purchase or value-add opportunity, subject to survey, legal-pack review and confirmation that the comparable values are applicable. Do not rely on the apparent margin without verified costs.

Works Required

No specific defects are evidenced. Allow for inspection-led maintenance, decoration or improvements only where supported by the survey and legal pack; the 2021 kitchen and described bathrooms should be verified.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £250,000 guide, known buyer premium and admin charge total £6,300 before any other disbursements. A 75% refinance of the base GDV would be £255,138.75, but total project cost cannot be calculated without a supported works allowance and full purchase costs.

Buy-to-Let Analysis

No sufficiently specific rental evidence or auctioneer rent estimate is supplied, so rent and yield cannot be established. The property is described as a three-bedroom freehold house, but investment returns require independent rental and cost evidence.

Flip Analysis

Against the £250,000 guide, the indicative gross difference is £90,185 against the base GDV, or £118,700 against the high scenario. After the known £6,300 buyer/admin charges, this becomes £83,885 and £112,400 respectively, before works, finance, selling costs and other disbursements. This is not a confirmed profit.

Investor Risks & Due Diligence

• Inconsistent comparable evidence, including materially different sales for 10 Sussex Street.

• Property condition and any required works are not quantified.

• No rental evidence or passing rent is supplied.

• Additional legal-pack disbursements and special-condition charges may apply.

• Six-week completion may require rapid funding and legal review.

Recommendation

Potential owner-occupier purchase or value-add opportunity, subject to survey, legal-pack review and confirmation that the comparable values are applicable. Do not rely on the apparent margin without verified costs.

Strategy Rating

Analysis Confidence

Several relevant local completed sales are supplied, but they are inconsistent and there is no EPC, condition survey, rental evidence, quantified works budget or complete fee schedule.