149 High Road West, Felixstowe, Suffolk

Description

An end terraced house requiring modernisation. Situated just a mile or so from the sea front and pier is this roomy end terraced house requiring improvement. The property offers two reception room, two double bedroom accommodation with a first floor bathroom and represents an excellent DIY opportunity leading to re-sale or adding to a rental portfolio.

Accommodation

Two reception rooms, two double bedrooms and a first floor bathroom.

Location

Situated just a mile or so from the sea front and pier in Felixstowe.

Tenure / Property Information

Investment Analysis

The supplied Land Registry evidence comprises five same-road freehold terraced sales ranging from £173,000 to £210,000, including £173,000 for No. 161 in October 2025 and £210,000 for No. 139 in March 2025. As bedroom count, floor area and condition are not provided for the comparables or subject, the scenarios are indicative rather than a formal valuation. A base GDV of £193,000 uses the median of the supplied sales, with £173,000 to £210,000 as the evidence-supported range. The property is described as requiring modernisation, so achieved resale value will depend on the works and specification.

Investment Snapshot

Strategy Recommendation

Potential refurbishment and resale opportunity, but proceed only after inspecting the property, defining the modernisation scope and confirming legal-pack charges. BTL should not be underwritten without supported rent evidence.

Works Required

Modernisation and improvement of the existing two-reception-room, two-bedroom accommodation and first-floor bathroom, based only on the auction description. The scope, specification and cost require inspection and contractor quotations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the base GDV scenario of £193,000, 75% refinance equates to £144,750. Total project cost cannot be calculated because refurbishment costs and any additional legal, finance, tax or disbursement costs are not supplied, so cash left in and equity cannot be established.

Buy-to-Let Analysis

BTL appraisal cannot be completed because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Rent, gross yield and cash flow therefore remain unsupported. The £120,000–£140,000 guide is before the stated £2,400 buyer premium and admin charge, with possible additional disbursements or other charges.

Flip Analysis

The supplied same-road sales support an indicative resale range of £173,000–£210,000 and a £193,000 base GDV. A flip surplus cannot be calculated because refurbishment costs, selling costs and the final purchase price are unknown.

Investor Risks & Due Diligence

• The property is described as requiring modernisation, but the extent and cost of works are unknown.

• The comparable sales do not include bedroom count, floor area or condition, limiting GDV comparability.

• No sufficiently specific rental evidence is available, so BTL yield cannot be established.

• The final acquisition cost may exceed the guide because of the £2,400 stated buyer and admin charges, possible disbursements and other special-condition charges.

• The supplied comparable values range from £173,000 to £210,000, creating resale-value uncertainty.

Recommendation

Potential refurbishment and resale opportunity, but proceed only after inspecting the property, defining the modernisation scope and confirming legal-pack charges. BTL should not be underwritten without supported rent evidence.

Strategy Rating

Analysis Confidence

Same-road completed-sale evidence is available, but comparable bedroom sizes and condition are not supplied; refurbishment costs, rent, property dimensions, selling costs and full purchase charges are also unavailable.