160 Littleworth Road, Hednesford, Cannock, Staffordshire, WS12 1NT

Description

Auction House would like to present this three bedroom bungalow located in Hednesford and offered to the market via online auction. Comprising of a hallway leading to a lounge, kitchen, three bedrooms, a bathroom, garage, and rear gardens. Being sold with vacant possession, this is an ideal investment opportunity in a sought after area. Close to amenities and transport links.

Accommodation

Hallway, lounge, kitchen, three bedrooms, bathroom, garage and rear gardens.

Location

Located in Hednesford, Cannock, Staffordshire; close to amenities and transport links, in a sought after area.

Tenure / Property Information

Investment Analysis

The supplied completed sales are on the same road but relate to detached and semi-detached houses, not a three-bedroom bungalow. They therefore provide only limited location context and do not support a reliable GDV for this property. The auction guide is not a formal valuation. No condition evidence or sufficiently specific rental evidence is supplied.

Investment Snapshot

Strategy Recommendation

Do not bid on the available evidence alone. Obtain a physical inspection, bungalow-specific valuation or comparables, rental appraisal and full legal-pack cost review before considering owner-occupier, BTL or resale use.

Works Required

No specific defects or refurbishment requirements are evidenced. Allowance should only be established after inspection and review of the legal pack, including the bungalow, garage, gardens, services and any required safety or compliance works.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment cannot be completed without a supported post-works GDV, refurbishment budget, achievable rent and finance assumptions. The 75% refinance figure is therefore unsupported.

Buy-to-Let Analysis

BTL feasibility cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The known £3,600 non-refundable administration charge and any special-condition costs would also need to be included in total acquisition costs.

Flip Analysis

A flip analysis cannot be reliably calculated. The available comparables are different property types, while condition, works cost, resale costs and a bungalow-specific GDV are not supplied.

Investor Risks & Due Diligence

• The supplied sold comparables are detached and semi-detached houses rather than bungalows.

• Property condition and refurbishment requirements are unknown.

• Achievable market rent is unsupported.

• The £3,600 administration charge is payable on exchange and additional legal-pack costs may apply.

• The auction guide is not a formal valuation and the final purchase price is unknown.

Recommendation

Do not bid on the available evidence alone. Obtain a physical inspection, bungalow-specific valuation or comparables, rental appraisal and full legal-pack cost review before considering owner-occupier, BTL or resale use.

Strategy Rating

Analysis Confidence

The property description, tenure, vacancy, guide range and one known charge are supplied, but there is no condition evidence, rental evidence, bungalow-specific comparable evidence, selected purchase price or refurbishment budget.