15 Dragonfly Close, Kingswood, Bristol, Avon, BS15 8JR

Description

A one-bedroom flat in Bristol. The accommodation comprises an open plan living room/kitchen, bedroom and a bathroom. The property benefits from an allocated parking space.

Accommodation

Living Room/Kitchen: 6.11m x 4.39m; Bedroom: 4.96m x 2.87m; Bathroom: 2.94m x 1.97m

Location

Kingswood, Bristol, Avon, BS15 8JR

Tenure / Property Information

Investment Analysis

The supplied completed sales on Dragonfly Close range from £68,000 to £205,000, but bedroom count, floor level, condition, lease terms and sale comparability are not provided. Consequently, they do not support a reliable GDV for this one-bedroom top-floor flat. The £125,000 guide cannot be treated as market value. Known buyer premium and admin charge total £2,880, before any other possible charges.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence. Obtain and review the legal pack, lease length, ground rent, service charge, condition, title and realistic rental evidence before setting a bid limit.

Works Required

No defects or required refurbishment are evidenced. No works allowance is therefore supportable from the supplied information; condition and presentation should be verified before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR cannot be underwritten because there is no reliable GDV, rent, refurbishment budget or lease information. The known acquisition figure would be at least the £125,000 guide plus the £1,680 buyer premium and £1,200 admin charge, excluding other possible fees.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Service charge, ground rent, lease length and other holding costs are also unknown.

Flip Analysis

A flip surplus cannot be calculated. The completed-sale evidence is highly variable and lacks sufficient detail to establish a supported resale value, while refurbishment and selling costs are unavailable.

Investor Risks & Due Diligence

• Lease length, ground rent and service charge are not supplied.

• Condition and any required works are unknown.

• No reliable property-specific rental evidence is available.

• The comparable sales range is wide and lacks bedroom, condition and floor-level detail.

• Additional charges may include search fees, seller-cost reimbursement, legal fees and transfer fees.

• The non-refundable buyer premium and admin charge total £2,880 and are payable on the fall of the virtual gavel.

Recommendation

Do not bid on the current evidence. Obtain and review the legal pack, lease length, ground rent, service charge, condition, title and realistic rental evidence before setting a bid limit.

Strategy Rating

Analysis Confidence

The property description and guide are supplied, but lease terms, occupancy, condition, rental evidence, operating costs and sufficiently comparable sale details are missing.