160 Littleworth Road, Hednesford, Cannock

Description

A freehold bungalow standing back from the road behind a driveway and foregarden.

Accommodation

Ground Floor: Entrance Hall, Reception Room, Kitchen, 3 Bedrooms, Bathroom/WC. Outside: Garage and Gardens.

Location

Standing back from the road behind a driveway and foregarden.

Tenure / Property Information

Investment Analysis

Same-road completed sales range from £280,000 to £365,000, but all supplied comparables are detached or semi-detached rather than bungalows. A cautious base GDV of £300,000 is used, with a low scenario of £280,000 and high scenario of £320,000. This is indicative only and requires bungalow-specific evidence and inspection.

Investment Snapshot

Strategy Recommendation

Potentially attractive low-entry acquisition subject to confirming the bungalow’s condition, achieving a purchase price near guide, and obtaining independent valuation and rental evidence. Do not rely on the headline GDV or refinance calculation until these gaps are resolved.

Works Required

No specific defects or refurbishment requirements are evidenced. Budgeting for works should follow viewing, survey and legal-pack review; the property is described as having gas central heating, EPC C, driveway, garage and gardens.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £40,000 guide, £2,700 administration charge and an indicative £300,000 base GDV, 75% of GDV is £225,000. This produces an indicative surplus of £182,300 over the stated base costs before finance, tax, works and other costs. The refinance outcome is highly dependent on the actual purchase price, valuation, condition and lender criteria.

Buy-to-Let Analysis

The property is vacant and freehold, but no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Rental income and gross yield therefore cannot be established. The £42,700 base total cost comprises the £40,000 guide and the stated £2,700 administration charge only; purchase price above guide, taxes, finance, works and other legal-pack costs are excluded.

Flip Analysis

The supplied same-road sales support a broad indicative GDV range of £280,000–£320,000 for cautious analysis, but the comparables are not bungalows. No refurbishment allowance or selling-cost allowance is supported, so a reliable flip surplus cannot be calculated. The £40,000 guide is not a guaranteed purchase price.

Investor Risks & Due Diligence

• No bungalow-specific sold comparable is supplied.

• The guide is an opening figure and the eventual purchase price may be materially higher.

• No condition or refurbishment information is provided.

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

• Additional legal-pack costs, taxes, finance costs and other completion costs are unknown.

• The indicative refinance calculation depends on a lender-supported valuation and may not be achievable.

Recommendation

Potentially attractive low-entry acquisition subject to confirming the bungalow’s condition, achieving a purchase price near guide, and obtaining independent valuation and rental evidence. Do not rely on the headline GDV or refinance calculation until these gaps are resolved.

Strategy Rating

Analysis Confidence

The property description, tenure, vacancy, guide and administration charge are clear, and same-road sold evidence is available. However, the comparables are houses rather than bungalows, with no condition detail, rental evidence, refurbishment budget, buyer price or complete fee schedule.