15 Bruce Manor Close, Wadhurst, East Sussex

Description

Share of Freehold End Terrace House. GIA approximately 120.33 sq m (1,295 sq ft). Set in a 50 acre private gated estate. Private Patio/Garden and Two Allocated Car Parking Spaces.

Accommodation

Ground Floor - Reception Room, Kitchen/Dining Room, Entrance Hall, WC with wash basin, Coat Cupboard. First Floor - Two Double Bedrooms each with ensuite Shower Room with WC and wash basin.

Location

The property is situated on the south of Mayfield Lane within Wadhurst. Shops and amenities are available within Wadhurst to the east. Further shopping facilities are available in Royal Tunbridge Wells to the north. Wadhurst station is approximately 1.5 miles to the north, providing direct services into London Bridge and London Charing Cross with approximate journey times of 52 minutes and 1 hour 3 minutes respectively. The B2100 provides access to the A26 and the A21. The property is situated within The High Weald AONB. Sacred Heart School is to the east. Wadhurst Castle is nearby.

Tenure / Property Information

Investment Analysis

The £365,000+ guide is the only price evidence supplied. No completed-sale comparables, formal valuation or condition assessment is available, so a supported GDV or bid level cannot be established. The property is a vacant 1,295 sq ft two-bedroom end terrace with two ensuite shower rooms, patio/garden and two allocated spaces, but these features do not provide sufficient evidence for a valuation.

Investment Snapshot

Strategy Recommendation

Do not set a bid or pursue a BTL, BRRR or flip strategy until independent valuation, inspection, rental evidence, legal review and all buyer, seller and estate charges are obtained.

Works Required

No specific refurbishment works are evidenced. Obtain a full inspection and confirm the condition of the house, services, kitchen, bathrooms, external areas and estate-maintained elements before budgeting works.

Rental & Market Context

Potential BRRR Position

A BRRR assessment cannot be completed without an evidence-supported purchase value, refurbishment budget, achievable rent and refinance valuation. The 250-year lease from 2017 at nil ground rent and share of Freehold are positive tenure details, but lender, estate and lease documentation still require review.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate was supplied. Gross yield, operating costs and debt coverage therefore cannot be calculated. Vacant possession may assist letting, subject to condition and market demand.

Flip Analysis

A flip appraisal cannot be completed because there are no completed-sale comparables, supported GDV, condition-based works budget, buyer costs or seller/third-party selling allowance. The guide price should not be treated as GDV.

Investor Risks & Due Diligence

• No completed-sale comparables or formal valuation are supplied.

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

• Property condition and refurbishment requirements are unknown.

• EPC, council tax and heating details are not supplied.

• Buyer premium, admin charge and possible seller or third-party charges are unspecified.

• Lease, share-of-Freehold, estate management and any service-charge obligations require legal and lender review.

Recommendation

Do not set a bid or pursue a BTL, BRRR or flip strategy until independent valuation, inspection, rental evidence, legal review and all buyer, seller and estate charges are obtained.

Strategy Rating

Analysis Confidence

Core valuation, rental, condition, EPC, heating, council tax, buyer/admin fee and comparable-sale evidence is absent; only the property description, tenure information and guide price are supplied.